1228 40th Pl
Springfield, OR 97478
3 bd 2 ba 1,887 sqft Built 2007 Lot 7,841 sqft single_family
Most recent sale
$650,000
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2025 | Sold | $639,000 | RMLS |
| Apr 27, 2022 | Sold | $650,000 | MLS #22245990 |
| Apr 1, 2022 | Listed | $575,000 | MLS #22245990 |
| Jun 30, 2008 | Sold | $334,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $258,612 | $4,742 |
| 2024 | — | — | $251,080 | $4,665 |
| 2023 | — | — | $243,767 | $4,467 |
| 2022 | — | — | $236,667 | $4,321 |
| 2021 | — | — | $229,774 | $4,243 |
| 2020 | — | — | $223,082 | $4,120 |
| 2019 | — | — | $216,585 | $3,996 |
| 2018 | — | — | $210,277 | $3,767 |
| 2017 | — | — | $204,152 | $3,622 |
| 2016 | — | — | $198,206 | $3,546 |
| 2015 | — | — | $192,433 | $3,445 |
| 2014 | — | — | $186,828 | $3,393 |
| 2013 | — | — | $181,386 | $3,326 |
| 2012 | — | — | $176,103 | $3,019 |
| 2011 | — | — | $170,974 | $2,938 |
| 2010 | — | — | $165,994 | $2,855 |
| 2009 | — | — | $161,159 | $2,783 |
| 2008 | — | — | $107,448 | $1,880 |
| 2007 | — | — | $41,194 | $671 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,887 sqft
Lot size
7,841 sqft
ZIP code
97478
City
Springfield
Street
40th Pl
Coordinates
44.03198, -122.96755
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,774
Gross rental yield
6.97%
Implied cap rate
4.53%
Trend-extrapolated value
—
Frequently asked questions
When did 1228 40th Pl last sell?
1228 40th Pl most recently sold on Apr 27, 2022 for $650,000.
What is the current tax assessment for 1228 40th Pl?
The most recent total assessment for 1228 40th Pl (year 2025) is $258,612 with $4,742 in property tax.
How does 1228 40th Pl's assessment compare to its last sale price?
The current assessment is 60.2% below the last sale price of $650,000.
When was 1228 40th Pl built?
1228 40th Pl was built in 2007.
How does 1228 40th Pl compare to others on 40th Pl?
We track 8 other properties on 40th Pl. Browse the list under "Other properties on 40th Pl" to compare beds, baths, and sale history.
What are the property facts for 1228 40th Pl?
1228 40th Pl is a 3 bed, 2 bath, 1,887 sqft, 7,841 sqft lot single_family.
Is 1228 40th Pl a flip candidate?
No — 1228 40th Pl does not appear in our flips dataset.
Is 1228 40th Pl a tax-appeal candidate?
No — 1228 40th Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$497.6K
2026 Q4
$510.7K
ZIP 97478 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Pl