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2505 Prospect Ave

Riverside, CA 92507

2 bd 1 ba 896 sqft Built 1950 Lot 7,405 sqft single_family
Most recent sale
$475,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $475,000 MLS #PW22038601
Mar 6, 2022 Relisted $405,000 MLS #PW22038601
Feb 27, 2022 Listed $405,000 MLS #PW22038601
Apr 30, 2021 Sold $680,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $400,074 $103,998 $504,072 $5,659
2024 $400,074 $103,998 $504,072 $5,474
2023 $384,540 $99,960 $484,500 $5,450
2022 $275,400 $71,400 $346,800 $3,924
2021 $29,304 $10,855 $40,159 $532
2020 $29,004 $10,744 $39,748 $529
2019 $28,432 $10,530 $38,962 $442
2018 $27,875 $10,324 $38,199 $433
2017 $27,329 $10,122 $37,451 $425
2016 $26,794 $9,924 $36,718 $401
2015 $26,393 $9,776 $36,169 $393
2014 $25,877 $9,586 $35,463 $388
2013 $25,761 $9,544 $35,305 $384
2012 $25,256 $9,357 $34,613 $367
2010 $24,577 $9,106 $33,683 $355
2009 $24,637 $9,129 $33,766 $354
2008 $24,154 $8,950 $33,104 $344
2007 $23,681 $8,775 $32,456 $335

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
896 sqft
Lot size
7,405 sqft
ZIP code
92507
City
Riverside
Street
Prospect Ave
Coordinates
33.96698, -117.36389

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
$2,867
Gross rental yield
7.24%
Implied cap rate
4.71%
Trend-extrapolated value

Frequently asked questions

When did 2505 Prospect Ave last sell?
2505 Prospect Ave most recently sold on May 9, 2022 for $475,000.
What is the current tax assessment for 2505 Prospect Ave?
The most recent total assessment for 2505 Prospect Ave (year 2025) is $504,072 with $5,659 in property tax.
How does 2505 Prospect Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $475,000.
When was 2505 Prospect Ave built?
2505 Prospect Ave was built in 1950.
How does 2505 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 2505 Prospect Ave?
2505 Prospect Ave is a 2 bed, 1 bath, 896 sqft, 7,405 sqft lot single_family.
Is 2505 Prospect Ave a flip candidate?
No — 2505 Prospect Ave does not appear in our flips dataset.
Is 2505 Prospect Ave a tax-appeal candidate?
No — 2505 Prospect Ave 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
-4.5%
Implied 1-yr
-17.9%
2026 Q3
$476.1K
2026 Q4
$446K
ZIP 92507 — Median Price History + Forecast

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