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Single Family ResidenceResidential
$302,580$270 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

242 40TH ST

SPRINGFIELD, OR 97478
3
Beds
1
Baths
1,122 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$303K
$291K low$314K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,016 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$109,914 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$106,713
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$280,740

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLane
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Wood Shingle
HeatingThe type of heating system in the home.Radiant
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 500 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Riverbend Elementary SchoolF
Elementary · Grades KG–5 · 1.3 mi
M
Briggs Middle SchoolC+
Middle · Grades 6–8 · 1.9 mi
H
Thurston High SchoolD+
High · Grades 9–12 · 2.2 mi

District: Springfield School District 19

Neighborhood · ZIP 97478These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.68
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.112
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.128

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.39,071
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.211 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,792
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,352
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.56 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 98% of homes in Springfield 97478
  • Costs less per square foot than 82% of homes in Mid-Springfield
  • Smaller than 78% of homes in Lane County
  • Has a smaller lot than 75% of homes in Lane County
  • Older than 83% of homes in Springfield 97478

What homes are worth in Springfield 97478

Each bar is how many homes fall in that price range. The marker is this home.

This home
$293K$1.1M

This home is worth more than 2% of homes in Springfield 97478.

How it measures up in Springfield 97478

The dot is this home. The mark in the middle is the typical home in Springfield 97478.

Estimated value$302,580
CheaperTypical $435,682Pricier

Pricier than 2% of homes nearby

Price per ft²$270
CheaperTypical $309Pricier

Pricier than 23% of homes nearby

Living area1,122 ft²
SmallerTypical 1,456 ft²Bigger

Bigger than 24% of homes nearby

Lot size0.15 ac
SmallerTypical 0.19 acBigger

Bigger than 27% of homes nearby

Year built1963
OlderTypical 1979Newer

Newer than 17% of homes nearby

How 242 40th St ranks against every home in each area.
MeasureThis homeMid-SpringfieldSpringfield 97478Lane County
Estimated valuepricier than$302,5808% of homes2% of homes7% of homes
Price per ft²pricier than$27018% of homes23% of homes25% of homes
Living areabigger than1,122 ft²44% of homes24% of homes22% of homes
Lot sizebigger than0.15 ac34% of homes27% of homes25% of homes
Year builtnewer than196333% of homes17% of homes31% of homes

About 242 40th St

How much is 242 40th St, Springfield, OR worth?

The TopHap Estimate for 242 40th St, Springfield, OR is $302,580 as of Sep 24, 2026. The likely range is $291,190 to $313,970. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 40th St, Springfield, OR last sell?

242 40th St, Springfield, OR last sold on Oct 26, 2010, according to the county's recorded deed.

How big is 242 40th St, Springfield, OR?

242 40th St, Springfield, OR has 3 bedrooms, 1 bathrooms, 1,122 square feet of living space and a 0.15-acre lot.

When was 242 40th St, Springfield, OR built?

242 40th St, Springfield, OR was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 242 40th St, Springfield, OR?

242 40th St, Springfield, OR is assigned to Riverbend Elementary School (elementary), rated F; Briggs Middle School (middle), rated C+; Thurston High School (high), rated D+. All sit in Springfield School District 19. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 40th St, Springfield, OR compare to other homes in Springfield 97478?

Among the 13,492 homes in Springfield 97478, it is worth more than 2% of them ($302,580 against a typical $435,682), its price per square foot is higher than 23% of them ($270 against a typical $309), it is bigger than 24% of them (1,122 ft² against a typical 1,456 ft²), its lot is bigger than 27% of them (0.15 ac against a typical 0.19 ac) and it is newer than 17% of them (1963 against a typical 1979). Measured against all of Lane County, it is worth more than 7% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 40th St, Springfield, OR?

The 2025 property tax bill for 242 40th St, Springfield, OR was $2,016. The county assessed it at $109,914.

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