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508 Spring St

Somerset, WI 54025

4 bd 3 ba 2,896 sqft Built 1910 Lot 81,893 sqft single_family
Most recent sale
$400,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2024 Sold $418,000 NorthstarMLS
May 23, 2023 Relisted $420,000 NorthstarMLS
Mar 11, 2023 Price changed $420,000 NorthstarMLS
Oct 23, 2022 Listed $429,900 MLS #6273868
Oct 14, 2022 Sold $400,000 MLS #6222396
Jun 18, 2022 Listed $430,000 MLS #6222396

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $261,500 $38,000 $299,500 $5,590
2024 $261,500 $38,000 $299,500 $5,402
2023 $261,500 $38,000 $299,500 $5,032
2022 $261,500 $38,000 $299,500 $4,910
2021 $261,500 $38,000 $299,500 $4,938
2020 $261,500 $38,000 $299,500 $4,609
2019 $157,500 $34,500 $192,000 $4,860
2018 $157,500 $34,500 $192,000 $4,541
2017 $157,500 $34,500 $192,000 $4,452
2016 $157,500 $34,500 $192,000 $4,410
2015 $157,500 $34,500 $192,000 $4,320
2014 $157,500 $34,500 $192,000 $4,340
2013 $157,500 $34,500 $192,000 $4,591
2012 $157,500 $34,500 $192,000 $4,512
2011 $157,500 $34,500 $192,000 $5,111
2010 $191,700 $24,000 $215,700 $5,664
2008 $248,400 $30,000 $278,400 $5,262
2005 $248,400 $30,000 $278,400 $3,874

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,896 sqft
Lot size
81,893 sqft
ZIP code
54025
City
Somerset
Street
Spring St
Coordinates
45.12743, -92.67777

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,344
Gross rental yield
13.03%
Implied cap rate
8.47%
Trend-extrapolated value

Frequently asked questions

When did 508 Spring St last sell?
508 Spring St most recently sold on Oct 14, 2022 for $400,000.
What is the current tax assessment for 508 Spring St?
The most recent total assessment for 508 Spring St (year 2026) is $299,500 with $5,590 in property tax.
How does 508 Spring St's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $400,000.
When was 508 Spring St built?
508 Spring St was built in 1910.
How does 508 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 508 Spring St?
508 Spring St is a 4 bed, 3 bath, 2,896 sqft, 81,893 sqft lot single_family.
Is 508 Spring St a flip candidate?
No — 508 Spring St does not appear in our flips dataset.
Is 508 Spring St a tax-appeal candidate?
No — 508 Spring 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
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$445.7K
2026 Q4
$454.6K
ZIP 54025 — Median Price History + Forecast

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