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311 Park Ave

Springfield, MN 56087

3 bd 1 ba 1,000 sqft Built 1945 Lot 6,970 sqft single_family
Most recent sale
$99,050
May 26, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 21, 2024 Listed $120,000 NorthstarMLS
May 26, 2023 Sold $99,050 NorthstarMLS
Apr 20, 2023 Listed $95,500 NorthstarMLS
Jun 22, 2017 Sold $65,500 Public Record
Oct 3, 2011 Sold $62,500 Mankato
Aug 24, 2011 Price changed $65,500 Mankato
Apr 13, 2011 Relisted $69,900 Mankato
Apr 6, 2011 Listing removed $69,900 Mankato
Apr 7, 2010 Listed $69,900 Mankato
Dec 6, 2005 Sold $59,000 Public Record
Feb 27, 1993 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $39,863 $3,537 $43,400 $1,064
2021 $39,660 $3,540 $43,200 $982
2020 $37,657 $3,543 $41,200 $944
2019 $35,556 $3,544 $39,100 $892
2018 $35,460 $3,540 $39,000 $868
2017 $33,444 $3,356 $36,800 $820
2016 $31,842 $3,358 $35,200 $814
2015 $31,842 $3,358 $35,200 $778
2014 $33,240 $3,360 $36,600 $790
2013 $30,840 $3,360 $34,200 $770
2012 $51,400 $5,600 $57,000 $842

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,000 sqft
Lot size
6,970 sqft
ZIP code
56087
City
Springfield
Street
Park Ave
Coordinates
44.24251, -94.98025

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$594
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 311 Park Ave last sell?
311 Park Ave most recently sold on May 26, 2023 for $99,050.
What is the current tax assessment for 311 Park Ave?
The most recent total assessment for 311 Park Ave (year 2022) is $43,400 with $1,064 in property tax.
How does 311 Park Ave's assessment compare to its last sale price?
The current assessment is 56.2% below the last sale price of $99,050.
When was 311 Park Ave built?
311 Park Ave was built in 1945.
How does 311 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 311 Park Ave?
311 Park Ave is a 3 bed, 1 bath, 1,000 sqft, 6,970 sqft lot single_family.
Is 311 Park Ave a flip candidate?
No — 311 Park Ave does not appear in our flips dataset.
Is 311 Park Ave a tax-appeal candidate?
No — 311 Park 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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