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401 County Road 5

Springfield, MN 56087

1 bd 1 ba 762 sqft Built 1994 condos
Most recent sale
$34,900
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 5, 2024 Sold $55,000 NorthstarMLS
Aug 10, 2024 Listed $65,000 NorthstarMLS
Nov 30, 2021 Sold $34,900 MLS #5155006
Mar 5, 2019 Listing removed $39,500 Willmar
Sep 25, 2018 Price changed $39,500 MLS #6022528
Mar 12, 2018 Price changed $50,000 MLS #6022528
May 17, 2017 Price changed $59,500 MLS #6022528
May 16, 2017 Price changed $60,000 MLS #6022528
Mar 15, 2017 Price changed $65,000 MLS #6022528
Mar 14, 2017 Price changed $67,000 MLS #6022528
Mar 16, 2016 Listed $39,500 MLS #5155006

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $30,084 $3,116 $33,200 $814
2021 $30,078 $3,122 $33,200 $754
2020 $34,782 $3,118 $37,900 $868
2019 $34,182 $3,118 $37,300 $852
2018 $33,882 $3,118 $37,000 $826
2017 $33,683 $3,117 $36,800 $820
2016 $33,582 $3,118 $36,700 $846
2015 $33,582 $3,118 $36,700 $810
2014 $33,983 $3,117 $37,100 $800
2013 $32,880 $3,120 $36,000 $808
2012 $54,800 $5,200 $60,000 $918

Property facts

Year built
1994
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
762 sqft
Lot size
ZIP code
56087
City
Springfield
Street
County Road 5
Coordinates
44.23489, -94.96713

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$209
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 401 County Road 5 last sell?
401 County Road 5 most recently sold on Nov 30, 2021 for $34,900.
What is the current tax assessment for 401 County Road 5?
The most recent total assessment for 401 County Road 5 (year 2022) is $33,200 with $814 in property tax.
How does 401 County Road 5's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $34,900.
When was 401 County Road 5 built?
401 County Road 5 was built in 1994.
How does 401 County Road 5 compare to others on County Road 5?
We track 8 other properties on County Road 5. Browse the list under "Other properties on County Road 5" to compare beds, baths, and sale history.
What are the property facts for 401 County Road 5?
401 County Road 5 is a 1 bed, 1 bath, 762 sqft condos.
Is 401 County Road 5 a flip candidate?
No — 401 County Road 5 does not appear in our flips dataset.
Is 401 County Road 5 a tax-appeal candidate?
No — 401 County Road 5 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$109.5K
2026 Q4
$109.5K
ZIP 56087 — Median Price History + Forecast

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