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307 Hoyt Ave

Springfield, MN 56087

3 bd 1 ba 1,262 sqft Built 1965 Lot 10,672 sqft single_family
Most recent sale
$132,500
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $132,500 MLS #6220674
Jul 8, 2022 Price changed $139,000 MLS #6220674
Jun 16, 2022 Listed $145,000 MLS #6220674
Apr 16, 2004 Sold $75,000 Public Record
May 4, 1998 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $72,701 $6,299 $79,000 $1,894
2021 $69,978 $6,222 $76,200 $1,692
2020 $69,978 $6,222 $76,200 $1,638
2019 $66,960 $6,140 $73,100 $1,574
2018 $64,630 $6,070 $70,700 $1,492
2017 $63,563 $6,037 $69,600 $1,248
2016 $51,779 $5,621 $57,400 $1,198
2015 $47,559 $5,441 $53,000 $1,008
2014 $40,978 $5,122 $46,100 $1,026
2013 $42,878 $5,222 $48,100 $1,010
2012 $40,302 $5,098 $45,400 $1,110
2011 $67,200 $8,500 $75,700 $1,252

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,262 sqft
Lot size
10,672 sqft
ZIP code
56087
City
Springfield
Street
Hoyt Ave
Coordinates
44.23544, -94.98439

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
$795
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 307 Hoyt Ave last sell?
307 Hoyt Ave most recently sold on Aug 30, 2022 for $132,500.
What is the current tax assessment for 307 Hoyt Ave?
The most recent total assessment for 307 Hoyt Ave (year 2022) is $79,000 with $1,894 in property tax.
How does 307 Hoyt Ave's assessment compare to its last sale price?
The current assessment is 40.4% below the last sale price of $132,500.
When was 307 Hoyt Ave built?
307 Hoyt Ave was built in 1965.
How does 307 Hoyt Ave compare to others on Hoyt Ave?
We track 8 other properties on Hoyt Ave. Browse the list under "Other properties on Hoyt Ave" to compare beds, baths, and sale history.
What are the property facts for 307 Hoyt Ave?
307 Hoyt Ave is a 3 bed, 1 bath, 1,262 sqft, 10,672 sqft lot single_family.
Is 307 Hoyt Ave a flip candidate?
No — 307 Hoyt Ave does not appear in our flips dataset.
Is 307 Hoyt Ave a tax-appeal candidate?
No — 307 Hoyt Ave 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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