NOT LISTED FOR SALE

505 E Lincoln St Springfield, MN 56087

Estimated Value: $171,231 - $200,000

3 Beds
2 Baths
1,930 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $126,000 $65 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,186/month

239 Days on Market

Highlights

  • RV Access or Parking
  • Whirlpool Bathtub
  • Porch
  • Springfield Elementary School Rated A
  • 3 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2020

AMAZING opportunity unlike any other in Springfield! This home offers over an acre backing up to a walking/biking trail, while still being in the center of town! The tranquility of your backyard offers 3 apple trees and an excellent low-maintenance patio. This home also offers an insulated and heated THREE car garage - a very rare find! As you walk in the home, you will find updates galore! The kitchen and bathrooms have been tastefully updated with dura-ceramic tile throughout. Your fabulous new family room offers excess space and a beautiful bay window. Beautifully landscaped and ready for you to move in!

Last Agent to Sell the Property

Vonda Herding

Edina Realty Inc. Mankato License #0093573 Listed on: 07/31/2019

Edina Realty Inc.  Mankato

Last Buyer's Agent

Jordan Johnson

Edina Realty Inc. Mankato License #40622278

Edina Realty Inc.  Mankato

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 155 x 305
  • Landscaped with Trees

Home Design

  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Steel Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 00300001607070 & 00300001611110

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Driveway - Gravel, Patio, Porch, RV Parking
  • Estimated Number of Acres: 1.03
  • Construction: Previously Owned
  • Foundation Size: 1900
  • L V T Date: 01/10/2020
  • Mechanicals: Water Softener-Rented, Sump Pump
  • Parcel Number: 00300001607070 & 00300001611110
  • Property Adjoins Public Land: Yes
  • Remodeled Addition: Yes
  • Stories: 1 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Kitchen, On Level: Main
  • Room 4: Family Room, On Level: Main
  • Room 5: Master Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Porch, On Level: Main
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1900
  • Below Grade Finished Sq Ft: 30
  • Tot Above Grade Sq Ft: 1900
  • Total Fin Square Footage: 1930
  • Total Square Footage: 2100
  • Tot Below Grade Sq Ft: 200

Exterior Features

  • Frontage Road: City
  • Soil Type: Clay
  • Construction Type: Frame/Wood
  • Exterior: Steel, Stucco
  • Roof: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 155 x 305
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2025
Sold by
Clark Tabatha Jo and Guinn Tabatha Jo
Bought by
Rjm Properties Llc
Current Estimated Value
$181,308

Purchase Details

Listed on
Jul 31, 2019
Closed on
May 15, 2020
Sold by
Berg Laurie Ann
Bought by
Clark Tabatha and Clark Nicole
Seller's Agent
Vonda Herding
Edina Realty Inc. Mankato
Buyer's Agent
Jordan Johnson
Edina Realty Inc. Mankato
List Price
$137,500
Sold Price
$126,000
Premium/Discount to List
-$11,500
-8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$123,717
Interest Rate
3.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rjm Properties Llc $500 None Listed On Document
Clark Tabatha $126,000 Title Samart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Tabatha $123,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $126,000 -3.0% $65 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $129,900 -5.5% $67 / Sq Ft
07/31/2019 07/31/19 For Sale $137,500 -- $71 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,872 $161,800 $7,700 $154,100
2023 $2,872 $153,000 $6,700 $146,300
2022 $2,434 $114,200 $5,500 $108,700
2021 $1,188 $104,000 $4,700 $99,300
2020 $1,016 $82,400 $4,000 $78,400
2019 $934 $73,800 $4,000 $69,800
2018 $908 $68,200 $4,000 $64,200
2017 $862 $68,100 $4,000 $64,100
2016 $730 $51,876 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023024

REALTOR® Association of Southern Minnesota

APN: 00300001611110