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396 Prospect St

Elyria, OH 44035

2 bd 1 ba 936 sqft Built 1900 Lot 6,970 sqft single_family
Most recent sale
$117,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Listed $119,900 MLS #4403512
Oct 21, 2022 Sold $117,000 MLS #4403512
Aug 25, 2022 Listed $119,900 MLS #4403512
Apr 27, 2018 Sold $76,500 MLS #3975094
Mar 20, 2018 Price changed $76,500 MLS #3975094
Mar 6, 2018 Price changed $79,900 MLS #3975094
Feb 22, 2018 Listed $82,900 MLS #3975094
Jan 21, 2014 Listed $68,900 MLS #3470424
Jan 18, 2014 Listed $68,900 MLS #3470424
Mar 26, 2007 Sold $53,000 Public Record
Jan 12, 2001 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,230 $9,170 $39,400 $1,879
2023 $26,205 $7,413 $33,618 $1,839
2022 $26,205 $7,413 $33,618 $1,824
2021 $26,205 $7,413 $33,618 $1,829
2020 $20,503 $5,800 $26,303 $1,626
2019 $20,503 $5,800 $26,303 $1,599
2018 $20,503 $5,800 $26,303 $1,642
2017 $11,666 $5,877 $17,543 $1,176
2016 $11,666 $5,877 $17,543 $1,129
2015 $11,666 $5,877 $17,543 $1,059
2014 $12,114 $6,104 $18,218 $1,086
2013 $12,114 $6,104 $18,218 $1,076
2012 $12,114 $6,104 $18,218 $1,053
2011 $17,115 $8,960 $26,075 $1,407
2010 $17,115 $8,960 $26,075 $1,402
2009 $17,115 $8,960 $26,075 $1,262
2008 $29,230 $8,960 $38,190 $1,710
2007 $29,230 $8,960 $38,190 $1,702

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
936 sqft
Lot size
6,970 sqft
ZIP code
44035
City
Elyria
Street
Prospect St
Coordinates
41.36591, -82.08830

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,404
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 396 Prospect St last sell?
396 Prospect St most recently sold on Oct 21, 2022 for $117,000.
What is the current tax assessment for 396 Prospect St?
The most recent total assessment for 396 Prospect St (year 2025) is $39,400 with $1,879 in property tax.
How does 396 Prospect St's assessment compare to its last sale price?
The current assessment is 66.3% below the last sale price of $117,000.
When was 396 Prospect St built?
396 Prospect St was built in 1900.
How does 396 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 396 Prospect St?
396 Prospect St is a 2 bed, 1 bath, 936 sqft, 6,970 sqft lot single_family.
Is 396 Prospect St a flip candidate?
No — 396 Prospect St does not appear in our flips dataset.
Is 396 Prospect St a tax-appeal candidate?
No — 396 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
+5.0%
Implied 1-yr
+20.1%
2026 Q3
$237K
2026 Q4
$246K
ZIP 44035 — Median Price History + Forecast

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