Lori Gustafson

403 S Paffrath Avenue

Springfield, MN
$ 259,000 Beds 4 Baths 1.5 Sq 1,698
Monthly Estimate* How much can I afford?

Beautifully renovated and exceptionally maintained, this spacious 3 or 4 bedroom, 1.5 bath home offers an outstanding combination of style, comfort, and functionality. Situated on a well-landscaped corner lot, the property features a large, shaded backyard with plenty of space for outdoor entertaining, recreation, or relaxation! The bright and inviting main level has an open flow with new windows, flooring, and paint throughout. It features a huge living room highlighted by a large picture window that fills the home with natural light. The updated eat-in kitchen offers ample cabinetry and workspace and flows seamlessly into the adjoining dining room, creating an ideal layout for everyday living and gatherings. Three main-level bedrooms feature beautiful hardwood floors and are located adjacent to the remodeled full bathroom, complete with a separate tub and shower. An additional office or fourth bedroom provides flexible space to accommodate a variety of needs. The partially finished lower level includes a cozy remodeled family room, offering generous additional living space for entertaining or relaxing. New shingles installed in 2024, as well as electrical updates, provide added value and peace of mind. With quality renovations throughout, great square footage, an attached double garage, and an exceptional corner-lot setting, this move-in-ready property is one not to be missed.

Single Family

  • Price
  • $ 259,000
  • City
  • Springfield
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • BROWN
  • Half Bathrooms
  • 1
  • Area
  • Hyland Add
  • Lot Size
  • 0.275 Acres
  • Zip
  • 56087
  • Sqr Footage
  • 1,698
  • Year Built
  • 1964
  • Taxes
  • $ 40
  • Style
  • Single Family
  • MLS#
  • 7098333
Listed By: Reiner Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1698
Sewer City Sewer/Connected
Heating Boiler,Hot Water
Cooling Ductless Mini-Split
Roof Age 8 Years or Less,Asphalt
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances
Garage Spaces 2
Year Built 1964
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility No Stairs Internal
County Brown
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Hyland Add
Full Baths 1
Directions From Range Road,turn east on to Walnut St. The property is located at the corner of Paffrath Ave and Walnut St.
City Springfield
High School District Springfield
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 40
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Porch
PostalCity Springfield

Interior Features

Basement Full,Partially Finished
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1448
Half Baths 1
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 250
Total Baths 2
Bath Desc Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 21x23
Garage Square Feet 483

Exterior Features

Parking Features Attached Garage,Concrete
Lot Features Corner Lot,Tree Coverage - Heavy
Water Source City Water/Connected
Lot Size Area 0.275
Building Area Total 2896
Lot Dimensions 80x150
Waterfront Y/N No
Foundation Area 1448
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/2/2026 Listed $268,000
8/25/2026 4% - $259,000

Property vs Zip Code Average in 56087

Price
AVG $230K
$260K
Taxes
AVG $1,464
$40
Year Built
AVG 1949
1964
Visits
AVG 13
12
Data Provided by Inside Real Estate®

Areas That We Cover

403 S Paffrath Avenue Springfield, MN is a Single Family Home for sale at $259000 with 1698 sqft and a lot size of 0.275 Acres Acre(s). 403 S Paffrath Avenue Springfield has 4 bedrooms, 1 baths and was built in 1964. The property's zip code is 56087 which is in Springfield, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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