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511 Van Buren Ave

Springfield, MN 56087

2 bd 1 ba 1,421 sqft Built 1956 Lot 9,278 sqft single_family
Most recent sale
$110,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 26, 2025 Sold $144,000 NorthstarMLS
Jan 10, 2025 Listed $148,500 NorthstarMLS
Apr 15, 2022 Sold $110,000 MLS #6158930
Mar 2, 2022 Listed $115,000 MLS #6158930
Feb 13, 2021 Listing removed $90,000 NorthstarMLS
May 28, 2019 Sold $83,830 Public Record
Mar 14, 2014 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $39,024 $4,676 $43,700 $1,072
2021 $38,118 $4,682 $42,800 $972
2020 $32,615 $4,685 $37,300 $854
2019 $31,825 $4,675 $36,500 $834
2018 $31,525 $4,675 $36,200 $808
2017 $27,326 $4,674 $32,000 $718
2016 $23,203 $4,197 $27,400 $640
2015 $21,994 $4,206 $26,200 $588
2014 $23,494 $4,206 $27,700 $606
2013 $22,003 $4,197 $26,200 $598
2012 $36,700 $7,000 $43,700 $327

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,421 sqft
Lot size
9,278 sqft
ZIP code
56087
City
Springfield
Street
Van Buren Ave
Coordinates
44.24506, -94.97273

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
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 Van Buren Ave last sell?
511 Van Buren Ave most recently sold on Apr 15, 2022 for $110,000.
What is the current tax assessment for 511 Van Buren Ave?
The most recent total assessment for 511 Van Buren Ave (year 2022) is $43,700 with $1,072 in property tax.
How does 511 Van Buren Ave's assessment compare to its last sale price?
The current assessment is 60.3% below the last sale price of $110,000.
When was 511 Van Buren Ave built?
511 Van Buren Ave was built in 1956.
How does 511 Van Buren Ave compare to others on Van Buren Ave?
We track 8 other properties on Van Buren Ave. Browse the list under "Other properties on Van Buren Ave" to compare beds, baths, and sale history.
What are the property facts for 511 Van Buren Ave?
511 Van Buren Ave is a 2 bed, 1 bath, 1,421 sqft, 9,278 sqft lot single_family.
Is 511 Van Buren Ave a flip candidate?
No — 511 Van Buren Ave does not appear in our flips dataset.
Is 511 Van Buren Ave a tax-appeal candidate?
No — 511 Van Buren 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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