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27 Prospect Ave

East Lyme, CT 06357

3 bd 1 ba 924 sqft Built 1897 Lot 3,920 sqft single_family
Most recent sale
$350,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2025 Listed $564,413 SMARTMLS
Aug 26, 2025 Sold $550,000 Public Record
Aug 25, 2025 Sold $550,000 SMARTMLS
Jul 3, 2025 Price changed $564,413 SMARTMLS
Jun 4, 2025 Price changed $574,413 SMARTMLS
May 23, 2025 Price changed $589,413 SMARTMLS
May 15, 2025 Listed $599,413 SMARTMLS
Aug 9, 2024 Price changed $439,525 SMARTMLS
Aug 2, 2024 Listed $449,525 SMARTMLS
Aug 8, 2022 Sold $350,000 Public Record
Jul 13, 2022 Listed $399,000 MLS #170508300
Feb 22, 2010 Sold $156,000 Public Record
Feb 20, 2010 Listing removed $150,000 CTMLS
Jan 7, 2010 Listed $150,000 MLS #M9119914

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $94,360 $89,250 $183,610 $5,143
2023 $84,350 $89,250 $173,600 $4,319
2022 $84,350 $89,250 $173,600 $4,139
2021 $55,580 $85,190 $140,770 $4,013
2020 $55,580 $85,190 $140,770 $3,992
2019 $55,580 $85,190 $140,770 $3,968
2018 $55,580 $85,190 $140,770 $3,850
2017 $55,580 $85,190 $140,770 $3,683
2016 $54,040 $105,420 $159,460 $4,044
2015 $54,040 $105,420 $159,460 $3,940
2013 $54,040 $105,420 $159,460 $3,723
2006 $37,590 $37,520 $75,110 $2,132
2005 $37,590 $37,520 $75,110 $2,016
2003 $37,590 $37,520 $75,110 $1,829

Property facts

Year built
1897
Property type
single_family
Stories
Beds
3
Baths
1
Living area
924 sqft
Lot size
3,920 sqft
ZIP code
06357
City
East Lyme
Street
Prospect Ave
Coordinates
41.31449, -72.20550

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
$1,386
Gross rental yield
4.75%
Implied cap rate
3.09%
Trend-extrapolated value

Frequently asked questions

When did 27 Prospect Ave last sell?
27 Prospect Ave most recently sold on Aug 8, 2022 for $350,000.
What is the current tax assessment for 27 Prospect Ave?
The most recent total assessment for 27 Prospect Ave (year 2025) is $183,610 with $5,143 in property tax.
How does 27 Prospect Ave's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $350,000.
When was 27 Prospect Ave built?
27 Prospect Ave was built in 1897.
How does 27 Prospect Ave compare to others on Prospect Ave?
We track 4 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 27 Prospect Ave?
27 Prospect Ave is a 3 bed, 1 bath, 924 sqft, 3,920 sqft lot single_family.
Is 27 Prospect Ave a flip candidate?
No — 27 Prospect Ave does not appear in our flips dataset.
Is 27 Prospect Ave a tax-appeal candidate?
No — 27 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
-3.9%
Implied 1-yr
-15.5%
2026 Q3
$438.8K
2026 Q4
$438.8K
ZIP 06357 — Median Price History + Forecast

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