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7 Prospect St

Lake George, NY 12845

3 bd 2 ba 1,400 sqft Built 1987 Lot 436 sqft condos
Most recent sale
$285,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $285,000 MLS #202214083
Mar 24, 2022 Listed $279,900 MLS #202214083

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $152,000 $50,000 $202,000 $3,786
2024 $152,000 $50,000 $202,000 $3,402
2023 $152,000 $50,000 $202,000 $3,354
2022 $152,000 $50,000 $202,000 $2,917
2021 $152,000 $50,000 $202,000 $3,002
2020 $152,000 $50,000 $202,000 $2,618
2019 $157,000 $30,000 $187,000 $2,758
2018 $157,000 $30,000 $187,000 $2,703
2017 $157,000 $30,000 $187,000 $2,719
2016 $157,000 $30,000 $187,000 $2,631
2015 $157,000 $30,000 $187,000 $2,492
2014 $157,000 $30,000 $187,000 $2,428
2013 $157,000 $30,000 $187,000 $2,841
2012 $157,000 $30,000 $187,000 $2,682
2011 $115,000 $20,000 $135,000 $1,973
2010 $115,000 $20,000 $135,000 $1,683

Property facts

Year built
1987
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
436 sqft
ZIP code
12845
City
Lake George
Street
Prospect St
Coordinates
43.41717, -73.71996

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
$1,710
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7 Prospect St last sell?
7 Prospect St most recently sold on Jun 16, 2022 for $285,000.
What is the current tax assessment for 7 Prospect St?
The most recent total assessment for 7 Prospect St (year 2025) is $202,000 with $3,786 in property tax.
How does 7 Prospect St's assessment compare to its last sale price?
The current assessment is 29.1% below the last sale price of $285,000.
When was 7 Prospect St built?
7 Prospect St was built in 1987.
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 3 bed, 2 bath, 1,400 sqft, 436 sqft lot condos.
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
+2.6%
Implied 1-yr
+10.4%
2026 Q3
$727.5K
2026 Q4
$727.5K
ZIP 12845 — Median Price History + Forecast

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