581 42nd St
Springfield, OR 97478
3 bd 2 ba 1,359 sqft Built 2018 Lot 10,454 sqft single_family
Most recent sale
$415,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $415,000 | MLS #22300779 |
| Mar 23, 2022 | Listed | $399,900 | MLS #22300779 |
| Oct 12, 2018 | Sold | $285,000 | MLS #18177642 |
| Aug 8, 2018 | Listed | $279,900 | MLS #18177642 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $254,277 | $4,662 |
| 2024 | — | — | $246,871 | $4,587 |
| 2023 | — | — | $239,681 | $4,392 |
| 2022 | — | — | $232,700 | $4,248 |
| 2021 | — | — | $225,923 | $4,172 |
| 2020 | — | — | $219,343 | $4,051 |
| 2019 | — | — | $212,955 | $3,929 |
| 2018 | — | — | $32,796 | $587 |
| 2017 | — | — | $7,815 | $139 |
Property facts
Year built
2018
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,359 sqft
Lot size
10,454 sqft
ZIP code
97478
City
Springfield
Street
42nd St
Coordinates
44.04043, -122.96166
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,718
Gross rental yield
7.86%
Implied cap rate
5.11%
Trend-extrapolated value
—
Frequently asked questions
When did 581 42nd St last sell?
581 42nd St most recently sold on Apr 29, 2022 for $415,000.
What is the current tax assessment for 581 42nd St?
The most recent total assessment for 581 42nd St (year 2025) is $254,277 with $4,662 in property tax.
How does 581 42nd St's assessment compare to its last sale price?
The current assessment is 38.7% below the last sale price of $415,000.
When was 581 42nd St built?
581 42nd St was built in 2018.
How does 581 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 581 42nd St?
581 42nd St is a 3 bed, 2 bath, 1,359 sqft, 10,454 sqft lot single_family.
Is 581 42nd St a flip candidate?
No — 581 42nd St does not appear in our flips dataset.
Is 581 42nd St a tax-appeal candidate?
No — 581 42nd 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
-8.1%
Implied 1-yr
-32.6%
2026 Q3
$317K
2026 Q4
$317K
ZIP 97478 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 42nd St