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422 Lincoln St

Springfield, MN 56087

2 bd 1 ba 1,056 sqft Built 1905 Lot 7,013 sqft single_family
Most recent sale
$27,000
Dec 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2023 Sold $74,000 NorthstarMLS
Dec 1, 2021 Sold $27,000 MLS #6110358
Oct 22, 2021 Listed $37,000 MLS #6110358

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $36,400 $6,800 $43,200 $976
2022 $29,100 $5,900 $35,000 $820
2021 $11,000 $5,900 $16,900 $364
2020 $11,000 $5,900 $16,900 $366
2019 $11,000 $5,900 $16,900 $362
2018 $11,000 $5,900 $16,900 $256
2017 $6,660 $3,540 $10,200 $1,032
2016 $6,154 $3,346 $9,500 $1,038
2015 $6,133 $3,367 $9,500 $1,146
2014 $10,300 $5,600 $15,900 $1,144
2013 $10,400 $5,600 $16,000 $1,154
2012 $10,300 $5,600 $15,900 $1,188
2011 $9,000 $5,600 $14,600 $1,140

Property facts

Year built
1905
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,056 sqft
Lot size
7,013 sqft
ZIP code
56087
City
Springfield
Street
Lincoln St
Coordinates
44.24025, -94.98334

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$162
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 422 Lincoln St last sell?
422 Lincoln St most recently sold on Dec 1, 2021 for $27,000.
What is the current tax assessment for 422 Lincoln St?
The most recent total assessment for 422 Lincoln St (year 2023) is $43,200 with $976 in property tax.
How does 422 Lincoln St's assessment compare to its last sale price?
The current assessment is 60.0% above the last sale price of $27,000.
When was 422 Lincoln St built?
422 Lincoln St was built in 1905.
How does 422 Lincoln St compare to others on Lincoln St?
We track 8 other properties on Lincoln St. Browse the list under "Other properties on Lincoln St" to compare beds, baths, and sale history.
What are the property facts for 422 Lincoln St?
422 Lincoln St is a 2 bed, 1 bath, 1,056 sqft, 7,013 sqft lot single_family.
Is 422 Lincoln St a flip candidate?
Yes — 422 Lincoln St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 422 Lincoln St a tax-appeal candidate?
No — 422 Lincoln St 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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