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278 Prospect St

Norwood, MA 02062

3 bd 2 ba 1,625 sqft Built 1955 Lot 9,403 sqft single_family
Most recent sale
$515,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $515,000 MLS #72710061

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $271,700 $312,900 $584,600 $6,150
2024 $258,200 $312,900 $571,100 $5,979
2023 $260,900 $262,600 $523,500 $5,403
2022 $231,600 $238,700 $470,300 $5,056
2021 $217,400 $230,100 $447,500 $5,075
2020 $223,700 $225,900 $449,600 $5,013
2019 $194,400 $217,200 $411,600 $4,482
2018 $184,300 $216,300 $400,600 $4,443
2017 $184,300 $216,300 $400,600 $4,467
2016 $166,600 $216,300 $382,900 $4,258
2015 $173,800 $205,100 $378,900 $4,346
2014 $161,900 $192,100 $354,000 $4,099
2005 $105,800 $162,000 $267,800 $2,215
2004 $105,800 $162,000 $267,800 $2,576
2003 $105,800 $162,000 $267,800 $2,453

Property facts

Year built
1955
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,625 sqft
Lot size
9,403 sqft
ZIP code
02062
City
Norwood
Street
Prospect St
Coordinates
42.19851, -71.20713

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,713
Gross rental yield
10.98%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 278 Prospect St last sell?
278 Prospect St most recently sold on Mar 4, 2022 for $515,000.
What is the current tax assessment for 278 Prospect St?
The most recent total assessment for 278 Prospect St (year 2025) is $584,600 with $6,150 in property tax.
How does 278 Prospect St's assessment compare to its last sale price?
The current assessment is 13.5% above the last sale price of $515,000.
When was 278 Prospect St built?
278 Prospect St was built in 1955.
How does 278 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 278 Prospect St?
278 Prospect St is a 3 bed, 2 bath, 1,625 sqft, 9,403 sqft lot single_family.
Is 278 Prospect St a flip candidate?
No — 278 Prospect St does not appear in our flips dataset.
Is 278 Prospect St a tax-appeal candidate?
No — 278 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
+1.7%
Implied 1-yr
+7.0%
2026 Q3
$733.7K
2026 Q4
$745.1K
ZIP 02062 — Median Price History + Forecast

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