387 16th St
Springfield, OR 97477
2 bd 1 ba 640 sqft Built 1940 Lot 7,405 sqft single_family
Most recent sale
$266,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $266,000 | MLS #22421626 |
| Jun 17, 2022 | Listed | $250,000 | MLS #22421626 |
| Jun 4, 2018 | Sold | $150,000 | MLS #18112540 |
| Apr 20, 2018 | Relisted | $150,000 | MLS #18112540 |
| Apr 11, 2018 | Listing removed | $150,000 | RMLS |
| Apr 9, 2018 | Listed | $150,000 | MLS #18112540 |
| Jan 19, 2018 | Sold | $105,000 | Public Record |
| Feb 4, 2011 | Sold | $38,000 | MLS #10088876 |
| Dec 14, 2010 | Price changed | $42,500 | MLS #10088876 |
| Nov 18, 2010 | Listed | $47,500 | MLS #10088876 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $69,577 | $1,285 |
| 2020 | — | — | $67,551 | $1,247 |
| 2019 | — | — | $65,584 | $1,210 |
| 2018 | — | — | $63,674 | $1,141 |
| 2017 | — | — | $61,819 | $1,097 |
| 2016 | — | — | $60,018 | $1,074 |
| 2015 | — | — | $58,270 | $1,043 |
| 2014 | — | — | $56,573 | $1,027 |
| 2013 | — | — | $54,925 | $1,007 |
| 2012 | — | — | $53,325 | $914 |
| 2011 | — | — | $51,772 | $890 |
| 2010 | — | — | $50,264 | $864 |
| 2009 | — | — | $48,800 | $843 |
| 2008 | — | — | $47,379 | $829 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
640 sqft
Lot size
7,405 sqft
ZIP code
97477
City
Springfield
Street
16th St
Coordinates
44.04866, -123.00136
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,280
Gross rental yield
5.77%
Implied cap rate
3.75%
Trend-extrapolated value
—
Frequently asked questions
When did 387 16th St last sell?
387 16th St most recently sold on Jul 22, 2022 for $266,000.
What is the current tax assessment for 387 16th St?
The most recent total assessment for 387 16th St (year 2021) is $69,577 with $1,285 in property tax.
How does 387 16th St's assessment compare to its last sale price?
The current assessment is 73.8% below the last sale price of $266,000.
When was 387 16th St built?
387 16th St was built in 1940.
How does 387 16th St compare to others on 16th St?
We track 8 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 387 16th St?
387 16th St is a 2 bed, 1 bath, 640 sqft, 7,405 sqft lot single_family.
Is 387 16th St a flip candidate?
Yes — 387 16th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 387 16th St a tax-appeal candidate?
No — 387 16th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.0%
2026 Q3
$434.1K
2026 Q4
$444.2K
ZIP 97477 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 16th St