401 Ray Ave, Springfield, MN 56087
OFF MARKET

$137,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,456 sqft

401 Ray Ave, Springfield, MN 56087

Est. Refi. Payment $954/mo*
Refinance Your Home
Currently Off Market - Sold May 3, 2021 for $88,500

Home Value

Trulia Estimate
$137K
Since last month
Decreased$2K (-1.4%)
Since last year
Decreased$3K (-2.1%)
Since last sale
Increased$49K (+54.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +88% in the last 10 years
MonthEstimated value
2026
October 2026$137K
September 2026$139K
August 2026$139K
July 2026$139K
June 2026$141K
May 2026$141K
April 2026$138K
March 2026$135K
February 2026$133K
January 2026$134K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
406 Burns Ave, Springfield, MN
0.03
Single-Family Home
$75,000
06/25/26
4
2
2,544
18 S Spring Ave, Springfield, MN
0.30
Single-Family Home
$59,000
05/19/26
3
2
1,674
111 N Park Ave, Springfield, MN
0.42
Single-Family Home
$78,000
04/20/26
3
2
1,952
401 Wilson St, Springfield, MN
0.15
Single-Family Home
$235,000
07/28/26
4
2.5
2,344
16 S Paffrath Ave, Springfield, MN
0.31
Single-Family Home
$150,000
10/09/26
3
2
1,631
209 S Spring Ave, Springfield, MN
0.25
Single-Family Home
$162,225
06/16/26
3
2
2,004
320 S Paffrath Ave, Springfield, MN
0.17
Single-Family Home
$200,000
07/16/26
2
2
1,972
118 N O'Connell Ave, Springfield, MN
0.48
Single-Family Home
$89,000
05/27/26
2
1.5
2,136
505 W Van Dusen St, Springfield, MN
0.42
Single-Family Home
$178,900
03/16/26
3
2
2,441
115 W Lincoln St, Springfield, MN
0.41
Single-Family Home
$168,500
08/04/26
2
1.5
1,755

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
405 Ray Ave, Springfield, MN 56087
0.01
$134,500
3
1
1,356
Off Market
417 S Ray Ave, Springfield, MN 56087
0.02
$176,200
3
2
2,080
Off Market
321 Ray Ave, Springfield, MN 56087
0.03
$227,500
3
1
1,711
Off Market
511 W Walnut St, Springfield, MN 56087
0.03
$171,500
3
1.5
1,406
Off Market
404 Burns Ave, Springfield, MN 56087
0.03
$109,200
4
1
1,966
Off Market
406 Burns Ave, Springfield, MN 56087
0.03
$75,000
4
2
2,544
Recently Sold
417 Ray Ave, Springfield, MN 56087
0.04
$217,500
3
2
2,080
Off Market
410 Walnut St, Springfield, MN 56087
0.04
$211,700
2
1
1,440
Off Market
412 Burns Ave, Springfield, MN 56087
0.04
$185,700
4
1
1,762
Off Market
402 Ray Ave, Springfield, MN 56087
0.04
$191,000
3
1
1,284
Off Market
414 Ray Ave, Springfield, MN 56087
0.04
$104,500
3
1
1,500
Off Market
310 Burns Ave, Springfield, MN 56087
0.05
$157,000
3
2
1,798
Off Market
309 Ray Ave S, Springfield, MN 56087
0.05
$253,700
5
3
3,385
Off Market
423 Ray Ave, Springfield, MN 56087
0.05
$119,400
2
1
1,132
Off Market
320 Ray Ave, Springfield, MN 56087
0.05
$189,800
2
1
1,522
Off Market
309 Ray Ave, Springfield, MN 56087
0.05
$295,100
5
3
3,385
Off Market
404 S Burns Ave, Springfield, MN 56087
0.05
$123,800
4
1
1,154
Off Market
420 Ray Ave, Springfield, MN 56087
0.05
$266,400
4
2
2,425
Off Market
420 Burns Ave, Springfield, MN 56087
0.05
-
Studio
-
-
Off Market
308 Burns Ave, Springfield, MN 56087
0.06
$141,700
3
2
1,506
Off Market

Local Information

  • Map ViewExplore the area around 401 Ray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1925
1,456 sqft
$94/sqft
Garage

About this House

This single-family home is located at 401 Ray Ave, Springfield, MN. 401 Ray Ave is in Springfield, MN and in ZIP code 56087. This property has 4 bedrooms, 2 bathrooms and approximately 1,456 sqft of floor space. This property has a lot size of 7100 sqft and was built in 1925.
401 Ray Ave, Springfield, MN 56087 is a 4 bedroom, 2 bathroom, 1,456 sqft single-family home built in 1925. It last sold for $88,500 on May 3, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $137,000, with a rent estimate of $1,635/month.

Home Details for 401 Ray Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.75Floors: Carpet, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Other, Metal
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7100 sqft

Price and Tax history

DateEventPrice
May 3, 2021
Source: NorthstarMLS as distributed by MLS GRID #5726582
Sold
$88,500

Market trends in Springfield

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
10
3MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Springfield

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 86% say there's holiday spirit
  • 67% say there are sidewalks
  • 61% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 4 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to grocery stores

  • 100 % Say people would walk alone at night

  • 90 % Say it's quiet

  • 89 % Say parking is easy

  • 86 % Say there's holiday spirit

  • 86 % Say kids play outside

  • 71 % Say streets are well-lit

  • 67 % Say there are sidewalks

  • 61 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say car is needed

  • 50 % Say it's walkable to restaurants

  • 50 % Say there's wildlife

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 401 Ray Ave

  • What is 401 Ray Ave estimated to be worth?
    Trulia's estimated value for 401 Ray Ave in Springfield, MN is $137,000.
  • What is the price history for 401 Ray Ave?
    401 Ray Ave in Springfield, MN last sold for $88,500 in May 2021.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 401 Ray Ave?
    The closest schools to 401 Ray Ave in Springfield, MN are Springfield Elementary School (Pre-K, rated 10/10), Springfield Secondary (Middle/High, rated 8/10).
  • Does 401 Ray Ave have air conditioning?
    Yes, 401 Ray Ave in Springfield, MN has air conditioning.
  • How big is the lot at 401 Ray Ave?
    The lot at 401 Ray Ave in Springfield, MN is about 0.16 acres (7,100 sq ft).

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