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7 Prospect St

Shrewsbury, MA 01545

5 bd 4 ba 4,620 sqft Built 1816 Lot 56,628 sqft single_family
Most recent sale
$1,300,000
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2026 Listing removed $1,425,000 MLSPIN
May 5, 2026 Listed $1,425,000 MLSPIN
Feb 9, 2022 Sold $1,300,000 MLS #72797425
Oct 7, 2021 Price changed $1,399,000 MLS #72797425
Jul 9, 2021 Price changed $1,425,000 MLS #72797425
May 17, 2021 Price changed $1,499,000 MLS #72797425
Mar 12, 2021 Listed $1,550,000 MLS #72797425
Dec 16, 2004 Sold $900,000 MLS #70083279
Aug 30, 2004 Listed $1,100,000 MLS #70083279

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $881,800 $338,300 $1,220,100 $14,690
2024 $903,200 $322,400 $1,225,600 $15,173
2023 $744,000 $322,400 $1,066,400 $13,991
2022 $618,900 $254,200 $873,100 $12,319
2020 $575,800 $254,200 $830,000 $10,350
2019 $572,700 $250,000 $822,700 $10,341
2018 $514,200 $231,700 $745,900 $9,443
2017 $483,600 $214,900 $698,500 $8,962
2016 $481,800 $195,800 $677,600 $8,809
2015 $481,800 $183,500 $665,300 $8,782
2014 $473,900 $171,800 $645,700 $7,858
2006 $628,300 $192,500 $820,800 $7,584
2005 $480,200 $171,700 $651,900 $6,350
2004 $448,200 $160,400 $608,600 $6,037
2003 $430,900 $114,500 $545,400 $5,781

Property facts

Year built
1816
Property type
single_family
Stories
Beds
5
Baths
4
Living area
4,620 sqft
Lot size
56,628 sqft
ZIP code
01545
City
Shrewsbury
Street
Prospect St
Coordinates
42.29898, -71.71356

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
$13,398
Gross rental yield
12.37%
Implied cap rate
8.04%
Trend-extrapolated value

Frequently asked questions

When did 7 Prospect St last sell?
7 Prospect St most recently sold on Feb 9, 2022 for $1,300,000.
What is the current tax assessment for 7 Prospect St?
The most recent total assessment for 7 Prospect St (year 2025) is $1,220,100 with $14,690 in property tax.
How does 7 Prospect St's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $1,300,000.
When was 7 Prospect St built?
7 Prospect St was built in 1816.
How does 7 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 7 Prospect St?
7 Prospect St is a 5 bed, 4 bath, 4,620 sqft, 56,628 sqft lot single_family.
Is 7 Prospect St a flip candidate?
No — 7 Prospect St does not appear in our flips dataset.
Is 7 Prospect St a tax-appeal candidate?
No — 7 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
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$811.7K
2026 Q4
$823.1K
ZIP 01545 — Median Price History + Forecast

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