407 Prospect Ave
Cleveland, OH 44115
2 bd 2 ba 1,705 sqft Built 1913 Lot 39 sqft condo
Most recent sale
$310,000
Dec 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 8, 2024 | Sold | $339,000 | Public Record |
| Apr 26, 2024 | Listed | $369,900 | MLSNOW |
| Dec 29, 2022 | Sold | $310,000 | Public Record |
| Dec 15, 2004 | Sold | $330,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $94,540 | $13,970 | $108,510 | $7,714 |
| 2024 | $94,540 | $13,970 | $108,510 | $7,674 |
| 2022 | $131,360 | $16,140 | $147,500 | $12,192 |
| 2021 | $131,360 | $16,140 | $147,500 | $11,530 |
| 2020 | $122,010 | $13,550 | $135,560 | $12,112 |
| 2019 | $122,010 | $13,550 | $135,560 | $11,226 |
| 2018 | $122,010 | $13,550 | $135,560 | $11,186 |
| 2017 | $70,560 | $10,290 | $80,850 | $7,061 |
| 2016 | $70,560 | $10,290 | $80,850 | $7,005 |
| 2015 | $70,560 | $10,290 | $80,850 | $6,611 |
| 2014 | $47,290 | $9,980 | $57,270 | $4,674 |
| 2013 | $47,290 | $9,980 | $57,270 | $4,618 |
| 2012 | $48,020 | $10,150 | $58,170 | $4,481 |
| 2010 | $48,020 | $10,150 | $58,170 | $3,585 |
| 2009 | $91,180 | $10,150 | $101,330 | $2,178 |
| 2008 | $103,600 | $11,515 | $115,115 | $2,354 |
| 2007 | $30,030 | $11,520 | $41,550 | $2,326 |
Property facts
Year built
1913
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,705 sqft
Lot size
39 sqft
ZIP code
44115
City
Cleveland
Street
Prospect Ave
Coordinates
41.49856, -81.68979
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,558
Gross rental yield
9.90%
Implied cap rate
6.44%
Trend-extrapolated value
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Frequently asked questions
When did 407 Prospect Ave last sell?
407 Prospect Ave most recently sold on Dec 29, 2022 for $310,000.
What is the current tax assessment for 407 Prospect Ave?
The most recent total assessment for 407 Prospect Ave (year 2025) is $108,510 with $7,714 in property tax.
How does 407 Prospect Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $310,000.
When was 407 Prospect Ave built?
407 Prospect Ave was built in 1913.
How does 407 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 407 Prospect Ave?
407 Prospect Ave is a 2 bed, 2 bath, 1,705 sqft, 39 sqft lot condo.
Is 407 Prospect Ave a flip candidate?
No — 407 Prospect Ave does not appear in our flips dataset.
Is 407 Prospect Ave a tax-appeal candidate?
No — 407 Prospect Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$167.6K
2026 Q4
$166.9K
ZIP 44115 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Ave