737 48th St
Springfield, OR 97478
3 bd 3 ba 1,956 sqft Built 2005 Lot 6,534 sqft single_family
Most recent sale
$500,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 28, 2025 | Listed for rent | $2,395 | AppfolioUnits |
| Nov 2, 2023 | Listed for rent | $2,295 | AppfolioUnits |
| Oct 20, 2022 | Listed for rent | $2,195 | AppfolioUnits |
| Aug 17, 2022 | Sold | $500,000 | MLS #22023875 |
| Aug 1, 2022 | Price changed | $500,000 | MLS #22023875 |
| Jul 5, 2022 | Price changed | $499,000 | MLS #22023875 |
| Jun 28, 2022 | Price changed | $515,000 | MLS #22023875 |
| Jun 15, 2022 | Listed | $540,000 | MLS #22023875 |
| Feb 28, 2006 | Sold | $311,000 | Public Record |
| Dec 20, 2004 | Sold | $250,000 | Public Record |
| Jan 1, 2004 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $276,365 | $5,104 |
| 2020 | — | — | $268,316 | $4,955 |
| 2019 | — | — | $260,501 | $4,806 |
| 2018 | — | — | $252,914 | $4,530 |
| 2017 | — | — | $245,548 | $4,356 |
| 2016 | — | — | $238,396 | $4,265 |
| 2015 | — | — | $231,452 | $4,143 |
| 2014 | — | — | $224,711 | $4,081 |
| 2013 | — | — | $218,166 | $3,946 |
| 2012 | — | — | $211,812 | $3,567 |
| 2011 | — | — | $205,643 | $3,534 |
| 2010 | — | — | $199,653 | $3,434 |
| 2009 | — | — | $193,838 | $3,348 |
| 2008 | — | — | $188,192 | $3,292 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,956 sqft
Lot size
6,534 sqft
ZIP code
97478
City
Springfield
Street
48th St
Coordinates
44.03822, -122.94942
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,912
Gross rental yield
9.39%
Implied cap rate
6.10%
Trend-extrapolated value
—
Frequently asked questions
When did 737 48th St last sell?
737 48th St most recently sold on Aug 17, 2022 for $500,000.
What is the current tax assessment for 737 48th St?
The most recent total assessment for 737 48th St (year 2021) is $276,365 with $5,104 in property tax.
How does 737 48th St's assessment compare to its last sale price?
The current assessment is 44.7% below the last sale price of $500,000.
When was 737 48th St built?
737 48th St was built in 2005.
How does 737 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 737 48th St?
737 48th St is a 3 bed, 3 bath, 1,956 sqft, 6,534 sqft lot single_family.
Is 737 48th St a flip candidate?
No — 737 48th St does not appear in our flips dataset.
Is 737 48th St a tax-appeal candidate?
No — 737 48th 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
+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 48th St