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5 Prospect St

Old Lyme, CT 06371

4 bd 3 ba 2,240 sqft Built 1978 Lot 10,019 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Listed $995,000 SMARTMLS
Feb 26, 2022 Sold $447,500 SMARTMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,900 $253,000 $498,900 $8,097
2023 $151,300 $135,200 $286,500 $6,733
2022 $151,300 $135,200 $286,500 $6,733
2021 $151,300 $135,200 $286,500 $6,675
2020 $151,300 $135,200 $286,500 $6,647
2019 $151,300 $128,800 $280,100 $6,277
2018 $151,300 $128,800 $280,100 $6,137
2017 $151,300 $128,800 $280,100 $6,092
2016 $151,300 $128,800 $280,100 $5,938
2015 $151,300 $128,800 $280,100 $5,776
2013 $155,000 $96,600 $251,600 $4,856
2006 $144,700 $115,900 $260,600 $4,639
2005 $144,700 $115,900 $260,600 $4,326
2004 $113,600 $46,800 $160,400 $4,090
2003 $113,600 $46,800 $160,400 $3,785

Property facts

Year built
1978
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,240 sqft
Lot size
10,019 sqft
ZIP code
06371
City
Old Lyme
Street
Prospect St
Coordinates
41.28629, -72.28624

Comparable properties nearby

Frequently asked questions

When did 5 Prospect St last sell?
No public-record sale is on file for 5 Prospect St.
What is the current tax assessment for 5 Prospect St?
The most recent total assessment for 5 Prospect St (year 2025) is $498,900 with $8,097 in property tax.
When was 5 Prospect St built?
5 Prospect St was built in 1978.
How does 5 Prospect St compare to others on Prospect St?
We track 5 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 5 Prospect St?
5 Prospect St is a 4 bed, 3 bath, 2,240 sqft, 10,019 sqft lot single_family.
Is 5 Prospect St a flip candidate?
No — 5 Prospect St does not appear in our flips dataset.
Is 5 Prospect St a tax-appeal candidate?
No — 5 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
+3.9%
Implied 1-yr
+15.8%
2026 Q3
$1.02M
2026 Q4
$1.05M
ZIP 06371 — Median Price History + Forecast

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