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500 Prospect St

New Haven, CT 06511

2 bd 1 ba 1,105 sqft Built 1988 condos
Most recent sale
$242,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2025 Sold $335,000 SMARTMLS
May 16, 2025 Listed $349,000 SMARTMLS
Jun 5, 2023 Listed $289,000 SMARTMLS
Jul 1, 2022 Sold $242,000 Public Record
Jun 30, 2022 Sold $242,000 SMARTMLS
Jun 4, 2022 Price changed $250,000 MLS #170443384
Mar 29, 2022 Price changed $260,000 MLS #170443384
Jan 6, 2022 Price changed $265,000 MLS #170443384
Oct 20, 2021 Price changed $275,000 MLS #170443384
Oct 8, 2021 Listed $283,000 MLS #170443384
Aug 28, 2018 Sold $205,000 Public Record
Jul 5, 2018 Listing removed $215,900 SMARTMLS
Jul 1, 2018 Listing removed $2,000 SMARTMLS
May 24, 2018 Price changed $215,900 MLS #170058183
Apr 1, 2018 Listed $219,900 MLS #170058183
Mar 6, 2018 Listed for rent $2,000 SMARTMLS
Jun 22, 2015 Sold $205,000 Public Record
Apr 18, 2015 Listing removed $219,000 CTMLS
Feb 27, 2015 Listed $219,000 MLS #N10022007
Nov 2, 2014 Listing removed $237,000 CTMLS
Jul 7, 2014 Listed $237,000 MLS #N351789
May 28, 2014 Listing removed $234,000 CTMLS
May 8, 2014 Price changed $234,000 MLS #N347890
Apr 11, 2014 Listed $249,900 MLS #N347890
Jun 1, 2005 Sold $259,000 Public Record
May 31, 2005 Sold $259,000 Public Record
Feb 4, 1987 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,530 $145,530 $5,734
2023 $145,530 $145,530 $5,414
2022 $145,530 $145,530 $5,785
2021 $144,690 $144,690 $6,349
2020 $144,690 $144,690 $6,349
2019 $144,690 $144,690 $6,219
2018 $144,690 $144,690 $6,219
2017 $144,690 $144,690 $5,597
2016 $164,360 $164,360 $6,829
2015 $164,360 $164,360 $6,829
2013 $164,360 $164,360 $6,706
2006 $81,340 $81,340 $3,648
2004 $81,340 $81,340 $3,215
2003 $81,340 $81,340 $3,134

Property facts

Year built
1988
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
1,105 sqft
Lot size
ZIP code
06511
City
New Haven
Street
Prospect St
Coordinates
41.32669, -72.92319

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
$1,658
Gross rental yield
8.22%
Implied cap rate
5.34%
Trend-extrapolated value

Frequently asked questions

When did 500 Prospect St last sell?
500 Prospect St most recently sold on Jul 1, 2022 for $242,000.
What is the current tax assessment for 500 Prospect St?
The most recent total assessment for 500 Prospect St (year 2025) is $145,530 with $5,734 in property tax.
How does 500 Prospect St's assessment compare to its last sale price?
The current assessment is 39.9% below the last sale price of $242,000.
When was 500 Prospect St built?
500 Prospect St was built in 1988.
How does 500 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 500 Prospect St?
500 Prospect St is a 2 bed, 1 bath, 1,105 sqft condos.
Is 500 Prospect St a flip candidate?
No — 500 Prospect St does not appear in our flips dataset.
Is 500 Prospect St a tax-appeal candidate?
No — 500 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
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$416.1K
2026 Q4
$414.1K
ZIP 06511 — Median Price History + Forecast

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