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18 Jefferson Ave

Springfield, MN 56087

2 bd 1 ba 990 sqft Built 1937 Lot 14,985 sqft single_family
Most recent sale
$77,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $77,000 Public Record
Apr 4, 2022 Listed $84,500 MLS #6173635
Jun 19, 2020 Sold $61,350 MLS #5323533
Oct 18, 2019 Listed $59,500 MLS #5323533
Jan 13, 2012 Sold $28,000 MLS #128012
Nov 30, 2011 Listed $34,900 MLS #128012
Aug 31, 2005 Sold $29,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $22,776 $2,824 $25,600 $628
2021 $22,296 $2,404 $24,700 $562
2020 $17,956 $4,744 $22,700 $520
2019 $17,251 $4,749 $22,000 $502
2018 $17,369 $4,731 $22,100 $508
2017 $17,264 $4,736 $22,000 $504
2016 $13,934 $6,366 $20,300 $484
2015 $12,753 $6,347 $19,100 $438
2014 $8,449 $6,351 $14,800 $340
2013 $8,149 $6,351 $14,500 $346
2012 $13,600 $10,600 $24,200 $376

Property facts

Year built
1937
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
990 sqft
Lot size
14,985 sqft
ZIP code
56087
City
Springfield
Street
Jefferson Ave
Coordinates
44.23965, -94.97055

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
$462
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 18 Jefferson Ave last sell?
18 Jefferson Ave most recently sold on May 9, 2022 for $77,000.
What is the current tax assessment for 18 Jefferson Ave?
The most recent total assessment for 18 Jefferson Ave (year 2022) is $25,600 with $628 in property tax.
How does 18 Jefferson Ave's assessment compare to its last sale price?
The current assessment is 66.8% below the last sale price of $77,000.
When was 18 Jefferson Ave built?
18 Jefferson Ave was built in 1937.
How does 18 Jefferson Ave compare to others on Jefferson Ave?
We track 8 other properties on Jefferson Ave. Browse the list under "Other properties on Jefferson Ave" to compare beds, baths, and sale history.
What are the property facts for 18 Jefferson Ave?
18 Jefferson Ave is a 2 bed, 1 bath, 990 sqft, 14,985 sqft lot single_family.
Is 18 Jefferson Ave a flip candidate?
Yes — 18 Jefferson Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 18 Jefferson Ave a tax-appeal candidate?
No — 18 Jefferson 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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