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401 County Road 5

Springfield, MN 56087

1 bd 1 ba 716 sqft Built 1994 condos
Most recent sale
$29,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 10, 2026 Sold $45,000 NorthstarMLS
Dec 11, 2025 Listed $45,000 NorthstarMLS
Feb 28, 2022 Sold $29,000 MLS #6118346
Dec 16, 2021 Price changed $29,900 MLS #6118346
Oct 22, 2021 Listed $34,900 MLS #6118346
Oct 14, 2015 Sold $58,000 MLS #6008392
Jul 15, 2015 Price changed $58,000 MLS #6008392
Nov 26, 2014 Listed $67,500 MLS #6008392
Sep 30, 2011 Sold $65,500 MLS #37329
Aug 23, 2011 Listed $67,500 MLS #37329

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $31,482 $3,118 $34,600 $794
2019 $30,684 $3,116 $33,800 $772
2018 $30,480 $3,120 $33,600 $752
2017 $30,282 $3,118 $33,400 $748
2016 $30,276 $3,124 $33,400 $774
2015 $30,276 $3,124 $33,400 $740
2014 $31,578 $3,122 $34,700 $752
2013 $30,576 $3,124 $33,700 $758
2012 $50,900 $5,200 $56,100 $858

Property facts

Year built
1994
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
716 sqft
Lot size
ZIP code
56087
City
Springfield
Street
County Road 5
Coordinates
44.23490, -94.96670

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
$174
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 401 County Road 5 last sell?
401 County Road 5 most recently sold on Feb 28, 2022 for $29,000.
What is the current tax assessment for 401 County Road 5?
The most recent total assessment for 401 County Road 5 (year 2020) is $34,600 with $794 in property tax.
How does 401 County Road 5's assessment compare to its last sale price?
The current assessment is 19.3% above the last sale price of $29,000.
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, 716 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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