408 Prospect St
Berea, KY 40403
4 bd 2 ba 1,982 sqft Built 1942 Lot 6,534 sqft single_family
Most recent sale
$215,750
Feb 26, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 2, 2025 | Listed | $250,000 | ImagineMLS |
| Sep 21, 2022 | Listed | $259,900 | MLS #22021042 |
| Feb 26, 2021 | Sold | $215,750 | MLS #20101712 |
| Feb 5, 2021 | Listed | $209,900 | MLS #20101712 |
| Jun 3, 2020 | Sold | $170,000 | MLS #20011027 |
| Jun 3, 2011 | Listing removed | $115,000 | MadisonCounty |
| Jan 20, 2011 | Price changed | $115,000 | MLS #37444 |
| Jan 5, 2011 | Relisted | $119,900 | MLS #37444 |
| Jan 2, 2011 | Listing removed | $119,900 | MadisonCounty |
| Nov 16, 2010 | Relisted | $119,900 | MLS #37444 |
| Nov 2, 2010 | Listing removed | $119,900 | MadisonCounty |
| Sep 30, 2010 | Price changed | $119,900 | MLS #37444 |
| Jun 2, 2010 | Listed | $132,500 | MLS #37444 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $170,000 | $2,288 |
| 2020 | — | — | $118,000 | $1,553 |
| 2019 | — | — | $112,255 | $1,525 |
| 2018 | — | — | $112,255 | $1,496 |
| 2017 | — | — | $112,255 | $1,465 |
| 2016 | — | — | $112,255 | $1,426 |
| 2015 | $92,255 | $20,000 | $112,255 | $1,421 |
| 2014 | — | — | $112,255 | $1,375 |
| 2012 | — | $112,255 | $112,255 | $1,449 |
| 2010 | — | $66,000 | $66,000 | $837 |
Property facts
Year built
1942
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,982 sqft
Lot size
6,534 sqft
ZIP code
40403
City
Berea
Street
Prospect St
Coordinates
37.57046, -84.28280
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,295
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Prospect St last sell?
408 Prospect St most recently sold on Feb 26, 2021 for $215,750.
What is the current tax assessment for 408 Prospect St?
The most recent total assessment for 408 Prospect St (year 2021) is $170,000 with $2,288 in property tax.
How does 408 Prospect St's assessment compare to its last sale price?
The current assessment is 21.2% below the last sale price of $215,750.
When was 408 Prospect St built?
408 Prospect St was built in 1942.
How does 408 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 408 Prospect St?
408 Prospect St is a 4 bed, 2 bath, 1,982 sqft, 6,534 sqft lot single_family.
Is 408 Prospect St a flip candidate?
Yes — 408 Prospect St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 408 Prospect St a tax-appeal candidate?
No — 408 Prospect St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$259.6K
2026 Q4
$260.9K
ZIP 40403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect St