502 Washington Ave
Springfield, MN 56087
4 bd 2 ba 2,664 sqft Built 1983 Lot 33,890 sqft single_family
Most recent sale
$255,000
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 14, 2022 | Sold | $255,000 | MLS #6192259 |
| May 9, 2022 | Listed | $255,000 | MLS #6192259 |
| Aug 1, 2003 | Sold | $90,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $167,290 | $9,410 | $176,700 | $4,166 |
| 2021 | $162,933 | $9,367 | $172,300 | $3,754 |
| 2020 | $162,933 | $9,367 | $172,300 | $3,700 |
| 2019 | $159,661 | $9,339 | $169,000 | $3,636 |
| 2018 | $158,473 | $9,327 | $167,800 | $2,270 |
| 2017 | $99,707 | $8,493 | $108,200 | $1,928 |
| 2016 | $82,988 | $8,112 | $91,100 | $1,730 |
| 2015 | $71,688 | $7,012 | $78,700 | $1,588 |
| 2014 | $68,485 | $6,915 | $75,400 | $1,604 |
| 2013 | $70,815 | $6,985 | $77,800 | $2,318 |
| 2012 | $101,807 | $7,693 | $109,500 | $2,558 |
| 2011 | $124,400 | $9,400 | $133,800 | $2,630 |
Property facts
Year built
1983
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,664 sqft
Lot size
33,890 sqft
ZIP code
56087
City
Springfield
Street
Washington Ave
Coordinates
44.24455, -94.96913
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Washington Ave last sell?
502 Washington Ave most recently sold on Jun 14, 2022 for $255,000.
What is the current tax assessment for 502 Washington Ave?
The most recent total assessment for 502 Washington Ave (year 2022) is $176,700 with $4,166 in property tax.
How does 502 Washington Ave's assessment compare to its last sale price?
The current assessment is 30.7% below the last sale price of $255,000.
When was 502 Washington Ave built?
502 Washington Ave was built in 1983.
How does 502 Washington Ave compare to others on Washington Ave?
We track 8 other properties on Washington Ave. Browse the list under "Other properties on Washington Ave" to compare beds, baths, and sale history.
What are the property facts for 502 Washington Ave?
502 Washington Ave is a 4 bed, 2 bath, 2,664 sqft, 33,890 sqft lot single_family.
Is 502 Washington Ave a flip candidate?
No — 502 Washington Ave does not appear in our flips dataset.
Is 502 Washington Ave a tax-appeal candidate?
No — 502 Washington 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 Washington Ave