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502 Prospect St

Fayetteville, AR 72701

3 bd 3 ba 1,824 sqft Built 1993 Lot 10,890 sqft single_family
Most recent sale
$587,500
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $587,500 MLS #1221137
Jun 10, 2022 Listed $600,000 MLS #1221137
Sep 3, 2021 Sold $525,000 MLS #1191490
Jul 16, 2021 Listed $525,000 MLS #1191490
Jun 3, 2016 Sold $150,000 Public Record
Jan 1, 1999 Sold $116,000 Public Record
Jan 1, 1997 Sold $111,000 Public Record
Jan 1, 1994 Sold $100,000 Public Record
Jan 1, 1993 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,110 $28,500 $100,610 $5,744
2024 $72,110 $28,500 $100,610 $5,744
2022 $72,110 $28,500 $100,610 $2,169
2021 $24,910 $19,000 $43,910 $1,590
2020 $24,910 $19,000 $43,910 $1,502
2019 $25,840 $5,000 $30,840 $1,412
2018 $25,840 $5,000 $30,840 $1,787
2017 $22,770 $5,000 $27,770 $1,595
2016 $22,770 $5,000 $27,770 $1,595
2015 $22,770 $5,000 $27,770 $1,520
2014 $22,450 $5,000 $27,450 $1,475
2013 $22,450 $5,000 $27,450 $1,475
2012 $22,450 $5,000 $27,450 $1,475
2011 $22,450 $5,000 $27,450 $1,475
2010 $22,450 $5,000 $27,450 $1,489
2009 $22,450 $5,000 $27,450 $1,894
2007 $28,932 $5,016 $33,948 $1,605
2005 $23,730 $4,560 $28,290 $1,452

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,824 sqft
Lot size
10,890 sqft
ZIP code
72701
City
Fayetteville
Street
Prospect St
Coordinates
36.07415, -94.15126

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,736
Gross rental yield
5.59%
Implied cap rate
3.63%
Trend-extrapolated value

Frequently asked questions

When did 502 Prospect St last sell?
502 Prospect St most recently sold on Jul 14, 2022 for $587,500.
What is the current tax assessment for 502 Prospect St?
The most recent total assessment for 502 Prospect St (year 2025) is $100,610 with $5,744 in property tax.
How does 502 Prospect St's assessment compare to its last sale price?
The current assessment is 82.9% below the last sale price of $587,500.
When was 502 Prospect St built?
502 Prospect St was built in 1993.
How does 502 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 502 Prospect St?
502 Prospect St is a 3 bed, 3 bath, 1,824 sqft, 10,890 sqft lot single_family.
Is 502 Prospect St a flip candidate?
No — 502 Prospect St does not appear in our flips dataset.
Is 502 Prospect St a tax-appeal candidate?
No — 502 Prospect St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.6%
2026 Q3
$680.2K
2026 Q4
$700.2K
ZIP 72701 — Median Price History + Forecast

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