Google satellite image for 402 Ray Ave, Springfield, MN 56087

Off market mar 1991 for $42K

$173,038

Est. refi paymentEst. refi $292/mo

•

1 ba

•

1,460

sq ft

402 Ray Ave, Springfield, MN 56087

About this home

402 Ray Ave is a 1,460 square foot house on a 0.33 acre lot with 3 bedrooms and 1 bathroom. - it last sold on March 18, 1991 for $42,500. Based on Redfin's Springfield data, we estimate the home's value is $173,038.

Single-familyProperty Type

1960Year Built

0.33 acresLot Size

$119Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$173,038

$131K since sold in March 1991$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.5% higher than the average sale price ($129K) of 6 comparable homes.

SOLD OCT 9, 2026
$150,000
A
3 beds2 baths— sq ft
16 S Paffrath Ave, Springfield, MN 56087
SOLD AUG 31, 2026
$100,000
B
3 beds1 bath— sq ft
402 N Van Buren Ave, Springfield, MN 56087
SOLD JAN 20, 2026
$175,000
C
3 beds1 bath— sq ft
519 N Van Buren Ave, Springfield, MN 56087
SOLD SEP 4, 2026
$105,000
D
3 beds1 bath— sq ft
212 Cleveland Ave, Morgan, MN 56266
SOLD JUN 23, 2026
$157,000
E
3 beds1.5 baths1,539 sq ft
605 SW Water St, Sleepy Eye, MN 56085
SOLD AUG 20, 2026
$84,747
F
3 beds2 baths— sq ft
131 E Dineen St, Sanborn, MN 56083

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Earn from this home

Refinance

Est. cash available

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Rent

$2,086/mo

Redfin rental estimate

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Market trends in 56087, MN

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

97.5%

+2.4% MoM

Median sale price

$193K

$28K MoM

Avg. days on market

18d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

$319,500
5 beds2 baths2,080 sq ft
38956 County Road 24, Springfield, MN 56087
See all

Provided by Redfin

Sale history for 402 Ray Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,736 (+5.9%)

2024

$2,584 (+5.0%)

2023

$2,462 (+6.2%)

2022

$2,318 (+12.7%)

$7,962 + $89,238

$97,200

2021

$2,056 (+1.5%)

$7,862 + $85,238

$93,100

2020

$2,026 (+3.8%)

$7,819 + $83,381

$91,200

2019

$1,952 (+5.2%)

$7,746 + $80,754

$88,500

2018

$1,856 (+19.1%)

$7,727 + $79,873

$87,600

2017

$1,558 (+10.8%)

$7,277 + $65,423

$72,700

2015

$1,406 (+2.2%)

$7,042 + $59,058

$66,100

2014

$1,376

$7,039 + $58,961

$66,000

Tax history for 402 Ray Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,736 (+5.9%)

2024

$2,584 (+5.0%)

2023

$2,462 (+6.2%)

2022

$2,318 (+12.7%)

$7,962 + $89,238

$97,200

2021

$2,056 (+1.5%)

$7,862 + $85,238

$93,100

2020

$2,026 (+3.8%)

$7,819 + $83,381

$91,200

2019

$1,952 (+5.2%)

$7,746 + $80,754

$88,500

2018

$1,856 (+19.1%)

$7,727 + $79,873

$87,600

2017

$1,558 (+10.8%)

$7,277 + $65,423

$72,700

2015

$1,406 (+2.2%)

$7,042 + $59,058

$66,100

2014

$1,376

$7,039 + $58,961

$66,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Hot Water

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Good
Exterior Wall: Vinyl
Roof Shape Type: Shed
Building Type: Single Family

Property Information
Subdivision Name: BUENA VISTA ADD
Living Sq. Ft: 1,460
# of Stories: 1
Stories Type: 1
Legal Description: BUENA VISTA ADDITION LOT-004 BLOCK-003 LOTS 1 THRU

Parking & Garage Information
Parking Type: Attached Garage
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 14,200
Legal Lot Number: 4
Legal Block Number: 3
Municipality Name: SPRINGFIELD
Acres: 0.326
Depth Footage: 142
Front Footage: 100
County Use Description: RESIDENTIAL SINGLE UNIT

Financial

Assessor Information
Assessment Year: 2024

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,460
Stories: 1.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1972
County: Brown County
APN: 00307000301010

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

Springfield Elementary School

Public PreK-6 • Assigned • 0.2mi

10/10

Springfield Secondary

Public 7-12 • Assigned • 0.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Springfield, MN • 56087

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.4 hours in June and 3.8 hours in December, which is comparable to the U.S. average for solar exposure.

10.4 hrs

3.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 56087

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Home values near 402 Ray Ave

Data from public records.

Address	Redfin Estimate
417 Ray Ave, Springfield, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$223,652
302 Ray Ave, Springfield, MN 3 Beds \| 1 Baths \| 840 Sq. Ft.	$96,957

Address	Redfin Estimate
309 Ray Ave, Springfield, MN 5 Beds \| 3 Baths \| - Sq. Ft.	$310,469
306 Ray Ave, Springfield, MN - Beds \| 1 Baths \| 2444 Sq. Ft.	$142,766

Address	Redfin Estimate
321 Ray Ave, Springfield, MN 3 Beds \| 1 Baths \| 1711 Sq. Ft.	$218,181
420 Ray Ave, Springfield, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$309,434

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