518 State St E, Cannon Falls, MN 55009 Property Records

Goodhue County property record for 518 State St E, Cannon Falls, MN 55009

Property Summary

Property Type	Single Family Home
Details	4 bd · 1 ba · 1,624 sqft · built 1946
Lot Size	0.17 acres (7,193 sqft)
Owner	2 Individual Names on Record
Last Sale	$240,000 (Sep 2025)
Tax Bill	$3,258 (2026)
Deeds & Mortgages	Mar 2025 Line of Credit Sep 2025 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`52.140.1330`

Property Details

APN / Parcel Number

Primary APN	`52.140.1330`
Alternative APNs	`38500` `55589`

Interior

Bedrooms	4 Beds
Full Baths	1 Bath
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,624 sqft Living Area
Gross Area	2,215 sqft
Attic	Attic
Attic Area	353 sqft
Basement Area	1,008 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1946
Effective Year Built	Effective 1946
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	7,193 sqft (0.17 acres)
Lot Width	60 ft Width
Garage Type	Attached
Garage Area	416 sqft
Driveway	Driveway
Porch	Slab
Porch Area	324 sqft
Patio Area	416 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Account Number	55589
Street Address	518 STATE ST E
City	CANNON FALLS
State	MN
Zip	55009-2226
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	CANNON FALLS CITY ADD LOT-009 BLOCK-074 DOC#708175 LOT 9 BLK 74 EX HWY EASE ID# 2-0140-11400
Legal Subdivision	CANNON FALLS CITY ADD
Legal Block	74
Legal Lot Number	9
Jurisdiction	GOODHUE MN
Township / Civil Division	CANNON FALLS
Census Block Group	3
Census Block	3054
Census Tract	80600

Owner

Source: Goodhue County records, as of August 24, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	518 STATE ST E, CANNON FALLS, MN 55009-2226
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Date	Document
Mar 25, 2025	Deed of Trust, Mortgage · Line of Credit FIRST FARMERS & MERCHANTS BANK
Sep 16, 2025	Warranty Deed, Transfer · FHA Mortgage GUARANTEED RATE INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 16, 2025 · Amount on Record
Deed Sale	Sep 16, 2025 · Amount on Record
Prior Sale	Sep 8, 2015 · Amount on Record
Deed Document Number	2025708175
Record Updated	Oct 29, 2026

March 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	GOODHUE MN
Property Address	518 STATE ST E, CANNON FALLS, MN 55009-2226
Transaction Type	Mortgage
Record Updated	Jan 21, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	518 STATE ST E, CANNON FALLS, MN 55009-2226

Mortgage

Document Number	000A704623
Date	Mar 25, 2025
Instrument	A704623

Lender

Name	FIRST FARMERS & MERCHANTS BANK
Type	Bank
Address	CANNON FALLS, MN 55009

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	85 Months
Due	Apr 1, 2032

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

September 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	GOODHUE MN
Recording Date	Sep 16, 2025
Property Address	518 STATE ST E, CANNON FALLS, MN 55009-2226
Document Number	000A708175
Instrument Date	Aug 15, 2025
Instrument	A708175
Transaction Type	Transfer
Record Updated	Jan 21, 2026
Title Company	TITLESMART INC

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$792.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	518 STATE ST E, CANNON FALLS, MN 55009-2226

Mortgage

Document Number	000A708176
Date	Sep 16, 2025
Instrument	A708176

Lender

Name	GUARANTEED RATE INC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Sep 1, 2055

Mortgage

Document Number	000A708181
Date	Sep 16, 2025
Instrument	A708181

Lender

Name	GUARANTEED RATE INC
Type	Mortgage Company
Address	CHICAGO, IL 60613

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Sep 1, 2035

Tax Assessment & Valuation

Source: Goodhue County assessment roll, as of August 10, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Goodhue County
Municipality	Cannon Falls City
Unified School District	Cannon Falls Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,258.00 (-10.93%) Homeowner's exemption	$279,600 (+8.96%) Land $66,000 Building $213,600	$279,600 (+8.96%) Land $66,000 Building $213,600
2025		$256,600 (+8.22%) Land $57,000 Building $199,600	$256,600 (+8.22%) Land $57,000 Building $199,600
2024	$3,658.00 (+8.8%)
2023	$3,362.00 Homeowner's exemption	$237,100 Land $45,000 Building $192,100	$237,100 Land $45,000 Building $192,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective November 9, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	3 (2012–2019)
Claims Outside the SFHA	2 of 3
Most Recent Claim	Jul 2019 · rainfall accumulation
Claims by Event	Severe Storms And Flooding, Jun 2012 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Cannon Falls serves 4,237 people · EPA ID MN1250001
Water Source	Groundwater
Last State Inspection	Mar 2024
Lead	Under 1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 118 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Hiawatha Broadband Communications Fiber	5,000 / 5,000
Mediacom Xtream Cable	1,000 / 50

May also be available: GigFire, Southeast MN Wifi, Verizon.

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