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242 40th St; Springfield, OR Property Details

242 40th St, Springfield, OR is a Single Family that was built in 1963. This property is currently a cash purchase and is not for sale. Our records show that 242 40th St has 3 bedrooms, and 1 bathroom, and a total of 1,122 square feet. The lot size of 242 40th St is 6,398 square feet.

Off market
242 40th St Springfield, OR 97478
$109,914 Estimated Value
3 Beds
1 Baths
1,122 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1963
  • Open Loans / Balance: 1 / $14,674
  • Est. Equity / %: $331,326 / 95.76%
  • Gross Yield: 5.83%
  • APN: 0118602
  • Situs County: Lane
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 1,122/SqFt
  • Lot: 6,398/SqFt
  • Gross: 1,122/SqFt
  • Garage: 625/SqFt
  • Living: 1,122/SqFt
  • Building: 1,122/SqFt
  • Ground: 1,122/SqFt

Legal Description

  • Description: TL 03918
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 19
  • Lat / Lon: 44.047768 / -122.969345
  • Subdivision: Meloy Subdivision
  • Property Class: Residential
  • Zoning: LD
  • County Use Code: 101

Amenities

  • Plus Four: 5756
  • Cooling: Yes
  • Garage: Open
  • Heating: Radiant

Ownership Info

242 40th St has no associated ownership info
242 40th St has no associated ownership info.

Taxes

242 40th St has 9 associated Taxes items

242 40th St, Springfield, OR pays taxes in Lane County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $109,914. The APN we've located for 242 40th St is 0118602.

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Taxes
  • Assessed Value:  $109,914
  • Assessed Year:  2025
  • Assessed County:  Lane
  • APN:  0118602
  • Market Land Value:  67033
  • Tax Amount:  2015.55
  • Tax Year:  2025
  • Market Value:  280740
  • Market Year:  2025

Tax History

242 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $109,914 Land Value Improvement Value Tax Amount $2,015.55 Change Rate +0.016456% Assessed CR Tax Rate +0.018338%
Year 2024 Assessed Value $106,713 Land Value Improvement Value Tax Amount $1,982.92 Change Rate +0.044423% Assessed CR Tax Rate +0.018582%
Year 2023 Assessed Value $103,605 Land Value Improvement Value Tax Amount $1,898.58 Change Rate +0.033792% Assessed CR Tax Rate +0.018325%
Year 2022 Assessed Value $100,588 Land Value Improvement Value Tax Amount $1,836.52 Change Rate +0.018264% Assessed CR Tax Rate +0.018258%
Year 2021 Assessed Value $97,659 Land Value Improvement Value Tax Amount $1,803.58 Change Rate +0.030076% Assessed CR Tax Rate +0.018468%
Year 2020 Assessed Value $94,815 Land Value Improvement Value Tax Amount $1,750.92 Change Rate +0.030996% Assessed CR Tax Rate +0.018467%
Year 2019 Assessed Value $92,054 Land Value Improvement Value Tax Amount $1,698.28 Change Rate +0.060842% Assessed CR Tax Rate +0.018449%
Year 2018 Assessed Value $86,770 Land Value Improvement Value Tax Amount $1,600.88 Change Rate +0.039971% Assessed CR Tax Rate +0.01845%
Year 2017 Assessed Value $86,770 Land Value Improvement Value Tax Amount $1,539.35 Change Rate +0.02146% Assessed CR Tax Rate +0.017741%
Year 2016 Assessed Value $84,243 Land Value Improvement Value Tax Amount $1,507.01 Change Rate +0.029343% Assessed CR Tax Rate +0.017889%
Year 2015 Assessed Value $81,789 Land Value Improvement Value Tax Amount $1,464.05 Change Rate +0.015326% Assessed CR Tax Rate +0.0179%
Year 2014 Assessed Value $79,407 Land Value Improvement Value Tax Amount $1,441.95 Change Rate Assessed CR Tax Rate +0.018159%