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401 County Road 5

Springfield, MN 56087

1 bd 1 ba 763 sqft Built 1994 single_family
Most recent sale
$45,500
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $45,500 MLS #6144179
Jan 21, 2022 Listed $45,500 MLS #6144179

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,480 $656
2023 $30,600 $734
2022 $30,084 $3,116 $33,200 $814
2021 $30,078 $3,122 $33,200 $754
2020 $30,078 $3,122 $33,200 $866
2019 $34,680 $3,120 $37,800 $852
2018 $34,177 $3,123 $37,300 $826
2017 $33,877 $3,123 $37,000 $818
2016 $33,582 $3,118 $36,700 $846
2015 $33,577 $3,123 $36,700 $810
2014 $33,577 $3,123 $36,700 $800
2013 $33,983 $3,117 $37,100 $808
2012 $32,880 $3,120 $36,000 $918
2011 $54,800 $5,200 $60,000 $1,020

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
763 sqft
Lot size
ZIP code
56087
City
Springfield
Street
County Road 5
Coordinates
44.23499, -94.96533

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
$273
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 Aug 31, 2022 for $45,500.
What is the current tax assessment for 401 County Road 5?
The most recent total assessment for 401 County Road 5 (year 2025) is $30,480 with $656 in property tax.
How does 401 County Road 5's assessment compare to its last sale price?
The current assessment is 33.0% below the last sale price of $45,500.
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, 763 sqft single_family.
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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