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542 Prospect St

Lockport, NY 14094

2 bd 1 ba 838 sqft Built 1918 Lot 4,792 sqft single_family
Most recent sale
$99,000
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2022 Sold $99,000 MLS #B1379671
Nov 29, 2021 Listed $99,000 MLS #B1379671
Dec 22, 2017 Sold $60,000 MLS #B1081235
Oct 11, 2017 Listed $63,000 MLS #B1081235
Jun 27, 2014 Sold $57,000 MLS #B438353
Mar 26, 2014 Price changed $59,900 MLS #B438353
Mar 22, 2014 Price changed $61,900 MLS #B438353
Feb 20, 2014 Relisted $64,900 MLS #B438353
Oct 1, 2013 Listing removed $64,900 NYStateAlliance
Sep 10, 2013 Listed $64,900 MLS #B438353
Sep 1, 2013 Listing removed $64,999 NYStateAlliance
Feb 26, 2013 Listed $64,999 MLS #B424231
Dec 5, 2005 Sold $50,000 MLS #B235239
Jun 22, 2005 Listed $52,900 MLS #B235239
Nov 19, 1999 Sold $43,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $117,200 $3,800 $121,000 $3,213
2024 $110,200 $3,800 $114,000 $3,090
2023 $106,200 $3,800 $110,000 $2,537
2022 $40,800 $3,900 $44,700 $2,432
2021 $40,800 $3,900 $44,700 $1,743
2020 $40,800 $3,900 $44,700 $1,750
2019 $40,800 $3,900 $44,700 $1,688
2018 $40,800 $3,900 $44,700 $1,247
2017 $40,800 $3,900 $44,700 $1,243
2016 $40,800 $3,900 $44,700 $1,203
2015 $40,800 $3,900 $44,700 $1,163
2014 $40,800 $3,900 $44,700 $1,198
2013 $40,800 $3,900 $44,700 $1,815
2012 $40,800 $3,900 $44,700 $413
2011 $40,800 $3,900 $44,700 $1,483
2010 $41,000 $3,500 $44,500 $1,601
2009 $41,000 $3,500 $44,500 $1,157
2008 $41,000 $3,500 $44,500 $1,149

Property facts

Year built
1918
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
838 sqft
Lot size
4,792 sqft
ZIP code
14094
City
Lockport
Street
Prospect St
Coordinates
43.17953, -78.70148

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$594
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 542 Prospect St last sell?
542 Prospect St most recently sold on Feb 23, 2022 for $99,000.
What is the current tax assessment for 542 Prospect St?
The most recent total assessment for 542 Prospect St (year 2025) is $121,000 with $3,213 in property tax.
How does 542 Prospect St's assessment compare to its last sale price?
The current assessment is 22.2% above the last sale price of $99,000.
When was 542 Prospect St built?
542 Prospect St was built in 1918.
How does 542 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 542 Prospect St?
542 Prospect St is a 2 bed, 1 bath, 838 sqft, 4,792 sqft lot single_family.
Is 542 Prospect St a flip candidate?
No — 542 Prospect St does not appear in our flips dataset.
Is 542 Prospect St a tax-appeal candidate?
Yes — 542 Prospect St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.4%
2026 Q3
$247.9K
2026 Q4
$248.2K
ZIP 14094 — Median Price History + Forecast

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