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516 Mill Street E, Cannon Falls, MN 55009

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For Sale
Sale Pending

$325,000

3 beds • 2 baths • 1,687 sqft

Estimated Payment

$ 1,944 /mo. †

6.63% APR for 30 yrs.
$3,344 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $192.65
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Updates galore in this adorable split entry home. Walking in you'll immediately notice all of the natural light in this open concept living area. Relax in your huge living room, host family and friends in your dining space or cook a delicious meal in your beautiful kitchen! Brand new countertops, stainless steel appliances, updated lighting and tasteful finishes are some of the many upgrades to the living space. The main level is completed with 3 bedrooms and an updated full bathroom featuring an oversized vanity, large mirror, updated lighting and convenient laundry shoot. The lower level will not disappoint with bright family room, laundry room, additional storage area, and 3/4 bathroom, along with entry to your tuckunder 2 stall garage. The modern farmhouse touches throughout add the perfect touch of brightness and coziness! This home is situated on a large city lot with plenty of room for a future outbuilding. Evenings could be spent grilling on the upper level deck or enjoying a bonfire in the private patio area complete with privacy fence. Welcome home!
MLS# 6628826

Courtesy Of Real Broker LLC

(612) 600-6000

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    0.25 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 516 Mill Street E, Cannon Falls, MN 55009

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(507) 663-1100
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,666
  • Property Taxes
    $278
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,944

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Cannon Falls Elementary School

Grades KG-5 Public School

Cannon Falls, MN 55009 0.5 miles
1020 minnesota st e

464 total students
11:1 Student teacher ratio

School Rating: A-

School Details

Cannon Falls Middle / High School

Grades 6-12 Public School

Cannon Falls, MN 55009 0.3 miles
820 minnesota st e

665 total students
17:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
Cannon Falls High School Credit Recovery 0.3 miles Public 9-12
Cannon Falls Area Learning Center High School 0.4 miles Public 9-12
St Paul's Lutheran Elementary School 1.4 miles Private KG-8

Cannon Falls High School Credit Recovery

Distance: 0.3 miles

Type Public

Grades: 9-12

Cannon Falls Area Learning Center High School

Distance: 0.4 miles

Type Public

Grades: 9-12

St Paul's Lutheran Elementary School

Distance: 1.4 miles

Type Private

Grades: KG-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Cannon Falls, MN 55009

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Cannon Falls, MN 55009

This community’s employment is highest in the production occupations and transportation industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
3° January
Coldest Average Month
3,432 Total Households in Area
1.3% Increase in population since the year 2010
27.7%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Cannon Falls, MN 55009

Cannon Falls, MN 55009 has a population of 8,107 people in 3,432 households with a median age of 43.8 years old.

1.3%
Increase in population
since the year 2010
Population is Trending up
3,263
Total households as of 2010
5.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Other 1%
Asian <1%
Native American <1%
Black <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Other at 1%, and Asian at <1%.

Economics
for Cannon Falls, MN 55009

64 /sq mi
Population Density
$85,710 /yr
Median Household Income
$315,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.9% of the households.

Transportation to Work

  • Drive 86%
  • Work from Home 10%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 2,751 76%
Rented 681 19%
Vacant 175 5%

White vs Blue Collar Jobs







White Collar 72%
Blue Collar 28%

Family & Education Facts
for Cannon Falls, MN 55009

43.8 Median Age

Average Household Size

2.4
persons per
household

53.8%

Married Households

Community Population By Education

High School Graduate 34%
Some College 21%
Bachelors Degree 17%
Associates Degree 14%
Graduate Degree 9%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.98% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.6% of households have children

Weather
for Cannon Falls, MN 55009

The weather for this area ranges from a high of 83° F in July to a low of 3° F in January

83° July
Hottest Average Month
3° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
22°
Feb
8°
28°
Mar
21°
40°
Apr
34°
56°
May
46°
69°
Jun
56°
79°
Jul
60°
83°
Aug
58°
81°
Sep
49°
72°
Oct
38°
60°
Nov
24°
41°
Dec
10°
27°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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