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520 Washington Ave

Springfield, MN 56087

2 bd 3 ba 2,280 sqft Built 1982 Lot 15,290 sqft single_family
Most recent sale
$235,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $235,000 Public Record
Apr 7, 2022 Listed $235,000 MLS #6175555
Oct 14, 2011 Sold $142,250 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $137,116 $9,384 $146,500 $3,466
2021 $133,266 $9,334 $142,600 $3,118
2020 $573,500 $573,500 $1,494
2019 $581,500 $581,500 $1,478
2018 $605,700 $605,700 $1,690
2017 $631,500 $631,500 $1,716
2016 $689,500 $689,500 $1,960
2015 $689,500 $689,500 $1,736
2014 $778,200 $778,200 $1,540
2013 $618,300 $618,300 $2,434
2012 $413,000 $413,000 $2,292
2011 $282,300 $282,300 $1,740

Property facts

Year built
1982
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
2,280 sqft
Lot size
15,290 sqft
ZIP code
56087
City
Springfield
Street
Washington Ave
Coordinates
44.24557, -94.96914

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 520 Washington Ave last sell?
520 Washington Ave most recently sold on Jun 27, 2022 for $235,000.
What is the current tax assessment for 520 Washington Ave?
The most recent total assessment for 520 Washington Ave (year 2022) is $146,500 with $3,466 in property tax.
How does 520 Washington Ave's assessment compare to its last sale price?
The current assessment is 37.7% below the last sale price of $235,000.
When was 520 Washington Ave built?
520 Washington Ave was built in 1982.
How does 520 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 520 Washington Ave?
520 Washington Ave is a 2 bed, 3 bath, 2,280 sqft, 15,290 sqft lot single_family.
Is 520 Washington Ave a flip candidate?
No — 520 Washington Ave does not appear in our flips dataset.
Is 520 Washington Ave a tax-appeal candidate?
Yes — 520 Washington Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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