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507 48th Pl

Springfield, OR 97478

3 bd 2 ba 1,579 sqft Built 2010 Lot 6,098 sqft single_family
Most recent sale
$430,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $430,000 MLS #22084715
Jun 29, 2022 Listed $430,000 MLS #22084715
Jan 6, 2011 Sold $174,440 MLS #10061789
Nov 8, 2010 Price changed $174,990 MLS #10061789
Oct 28, 2010 Price changed $179,990 MLS #10061789
Sep 30, 2010 Price changed $184,990 MLS #10061789
Aug 28, 2010 Price changed $187,835 MLS #10061789
Jul 20, 2010 Listed $185,835 MLS #10061789
Apr 28, 2010 Sold $204,600 Public Record
Jan 1, 2010 Sold $204,600 Public Record
Dec 31, 2009 Sold $2,100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $195,508 $3,611
2020 $189,814 $3,505
2019 $184,286 $3,400
2018 $178,919 $3,205
2017 $173,708 $3,082
2016 $168,649 $3,017
2015 $163,737 $2,931
2014 $158,968 $2,887
2013 $154,338 $2,821
2012 $149,843 $2,569
2011 $145,479 $2,500
2010 $31,479 $541

Property facts

Year built
2010
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,579 sqft
Lot size
6,098 sqft
ZIP code
97478
City
Springfield
Street
48th Pl
Coordinates
44.04143, -122.94992

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,158
Gross rental yield
8.81%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 507 48th Pl last sell?
507 48th Pl most recently sold on Jul 18, 2022 for $430,000.
What is the current tax assessment for 507 48th Pl?
The most recent total assessment for 507 48th Pl (year 2021) is $195,508 with $3,611 in property tax.
How does 507 48th Pl's assessment compare to its last sale price?
The current assessment is 54.5% below the last sale price of $430,000.
When was 507 48th Pl built?
507 48th Pl was built in 2010.
How does 507 48th Pl compare to others on 48th Pl?
We track 6 other properties on 48th Pl. Browse the list under "Other properties on 48th Pl" to compare beds, baths, and sale history.
What are the property facts for 507 48th Pl?
507 48th Pl is a 3 bed, 2 bath, 1,579 sqft, 6,098 sqft lot single_family.
Is 507 48th Pl a flip candidate?
No — 507 48th Pl does not appear in our flips dataset.
Is 507 48th Pl a tax-appeal candidate?
No — 507 48th Pl 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
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$497.6K
2026 Q4
$510.7K
ZIP 97478 — Median Price History + Forecast

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