221 Jefferson Ave
Springfield, MN 56087
2 bd 2 ba 1,286 sqft Built 1905 Lot 7,492 sqft single_family
Most recent sale
$50,000
Aug 2, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $75,000 | NorthstarMLS |
| Sep 26, 2022 | Price changed | $79,500 | MLS #6174254 |
| Aug 13, 2022 | Price changed | $89,900 | MLS #6174254 |
| May 20, 2022 | Price changed | $94,500 | MLS #6174254 |
| Apr 5, 2022 | Listed | $99,500 | MLS #6174254 |
| Aug 2, 2021 | Sold | $50,000 | MLS #7026494 |
| Jun 4, 2021 | Price changed | $62,900 | MLS #7026494 |
| Apr 13, 2021 | Relisted | $64,900 | MLS #7026494 |
| Apr 6, 2021 | Listing removed | $64,900 | Mankato |
| Mar 25, 2021 | Listed | $64,900 | MLS #7026494 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $47,700 | $1,004 |
| 2023 | — | — | $37,200 | $884 |
| 2022 | $30,918 | $3,782 | $34,700 | $850 |
| 2021 | $30,420 | $3,780 | $34,200 | $778 |
| 2020 | $30,420 | $3,780 | $34,200 | $686 |
| 2019 | $26,125 | $3,775 | $29,900 | $406 |
| 2018 | $14,011 | $3,789 | $17,800 | $418 |
| 2017 | $14,116 | $3,784 | $17,900 | $420 |
| 2016 | $14,324 | $3,776 | $18,100 | $442 |
| 2015 | $14,612 | $3,788 | $18,400 | $444 |
| 2014 | $15,628 | $3,772 | $19,400 | $434 |
| 2013 | $15,616 | $3,784 | $19,400 | $450 |
| 2012 | $15,616 | $3,784 | $19,400 | $494 |
| 2011 | $26,000 | $6,300 | $32,300 | $560 |
Property facts
Year built
1905
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,286 sqft
Lot size
7,492 sqft
ZIP code
56087
City
Springfield
Street
Jefferson Ave
Coordinates
44.24188, -94.96984
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 221 Jefferson Ave last sell?
221 Jefferson Ave most recently sold on Aug 2, 2021 for $50,000.
What is the current tax assessment for 221 Jefferson Ave?
The most recent total assessment for 221 Jefferson Ave (year 2025) is $47,700 with $1,004 in property tax.
How does 221 Jefferson Ave's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $50,000.
When was 221 Jefferson Ave built?
221 Jefferson Ave was built in 1905.
How does 221 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 221 Jefferson Ave?
221 Jefferson Ave is a 2 bed, 2 bath, 1,286 sqft, 7,492 sqft lot single_family.
Is 221 Jefferson Ave a flip candidate?
Yes — 221 Jefferson Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 221 Jefferson Ave a tax-appeal candidate?
No — 221 Jefferson Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$109.5K
2026 Q4
$109.5K
ZIP 56087 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Jefferson Ave