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246 42nd St

Springfield, OR 97478

5 bd 4 ba 2,138 sqft Built 2015 multi_family
Most recent sale
$460,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $460,000 Public Record
Aug 18, 2022 Listed $500,000 MLS #22647262
Oct 21, 2015 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $211,740 $3,910
2020 $205,573 $3,796
2019 $199,586 $3,682
2018 $193,773 $3,471
2017 $188,129 $3,338
2016 $123,106 $2,202
2015 $38,583 $691
2014 $37,459 $680
2013 $36,368 $667
2012 $35,309 $605
2011 $34,281 $589
2010 $33,283 $572

Property facts

Year built
2015
Property type
multi_family
Stories
1
Beds
5
Baths
4
Living area
2,138 sqft
Lot size
ZIP code
97478
City
Springfield
Street
42nd St
Coordinates
44.04420, -122.96360

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,276
Gross rental yield
11.15%
Implied cap rate
7.25%
Trend-extrapolated value

Frequently asked questions

When did 246 42nd St last sell?
246 42nd St most recently sold on Sep 9, 2022 for $460,000.
What is the current tax assessment for 246 42nd St?
The most recent total assessment for 246 42nd St (year 2021) is $211,740 with $3,910 in property tax.
How does 246 42nd St's assessment compare to its last sale price?
The current assessment is 54.0% below the last sale price of $460,000.
When was 246 42nd St built?
246 42nd St was built in 2015.
How does 246 42nd St compare to others on 42nd St?
We track 8 other properties on 42nd St. Browse the list under "Other properties on 42nd St" to compare beds, baths, and sale history.
What are the property facts for 246 42nd St?
246 42nd St is a 5 bed, 4 bath, 2,138 sqft multi_family.
Is 246 42nd St a flip candidate?
No — 246 42nd St does not appear in our flips dataset.
Is 246 42nd St a tax-appeal candidate?
No — 246 42nd St 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
-8.1%
Implied 1-yr
-32.6%
2026 Q3
$317K
2026 Q4
$317K
ZIP 97478 — Median Price History + Forecast

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