1421 Springwood Ln
Faribault, MN 55021
3 bd 3 ba 2,344 sqft Built 1997 Lot 10,890 sqft single_family
Most recent sale
$315,000
Feb 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 1, 2022 | Sold | $315,000 | MLS #6122628 |
| Nov 22, 2021 | Price changed | $324,900 | MLS #6122628 |
| Nov 1, 2021 | Listed | $329,900 | MLS #6122628 |
| Jul 23, 2008 | Sold | $246,000 | Public Record |
| Mar 7, 2006 | Listing removed | $254,900 | Southeastminnesota |
| Sep 8, 2005 | Listed | $254,900 | MLS #2911936 |
| Nov 30, 1998 | Sold | $137,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $228,300 | $2,984 |
| 2019 | — | — | $208,700 | $2,772 |
| 2018 | — | — | $204,300 | $3,098 |
| 2017 | — | — | $190,100 | $3,014 |
| 2016 | — | — | $186,900 | $3,042 |
| 2015 | — | — | $183,800 | $2,888 |
| 2014 | — | — | $177,900 | $3,076 |
| 2013 | — | — | $187,600 | $2,630 |
| 2012 | — | — | $200,800 | $2,486 |
| 2011 | — | — | $224,900 | $2,296 |
| 2010 | — | — | $224,900 | $2,330 |
| 2009 | — | — | $252,400 | $2,282 |
| 2006 | — | — | $239,400 | $2,220 |
| 2005 | — | — | $225,000 | $1,858 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,344 sqft
Lot size
10,890 sqft
ZIP code
55021
City
Faribault
Street
Springwood Ln
Coordinates
44.27222, -93.28938
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,516
Gross rental yield
13.39%
Implied cap rate
8.71%
Trend-extrapolated value
—
Frequently asked questions
When did 1421 Springwood Ln last sell?
1421 Springwood Ln most recently sold on Feb 1, 2022 for $315,000.
What is the current tax assessment for 1421 Springwood Ln?
The most recent total assessment for 1421 Springwood Ln (year 2020) is $228,300 with $2,984 in property tax.
How does 1421 Springwood Ln's assessment compare to its last sale price?
The current assessment is 27.5% below the last sale price of $315,000.
When was 1421 Springwood Ln built?
1421 Springwood Ln was built in 1997.
How does 1421 Springwood Ln compare to others on Springwood Ln?
We track 8 other properties on Springwood Ln. Browse the list under "Other properties on Springwood Ln" to compare beds, baths, and sale history.
What are the property facts for 1421 Springwood Ln?
1421 Springwood Ln is a 3 bed, 3 bath, 2,344 sqft, 10,890 sqft lot single_family.
Is 1421 Springwood Ln a flip candidate?
No — 1421 Springwood Ln does not appear in our flips dataset.
Is 1421 Springwood Ln a tax-appeal candidate?
No — 1421 Springwood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Springwood Ln