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406 Water St

Prospect, OH 43342

4 bd 2 ba 2,016 sqft Built 1907 Lot 7,841 sqft single_family
Most recent sale
$221,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 26, 2024 Sold $255,000 ColumbusCORMLS
Apr 1, 2024 Listed $240,000 ColumbusCORMLS
Aug 1, 2022 Sold $221,000 Public Record
Jul 9, 2022 Listing removed ColumbusCORMLS
Jul 8, 2022 Sold $221,000 ColumbusCORMLS
May 18, 2022 Listed $219,900 MLS #222017074
Jun 5, 2020 Listing removed ColumbusCORMLS
Jun 4, 2020 Sold $159,900 ColumbusCORMLS
Jun 1, 2020 Sold $159,900 Public Record
Apr 4, 2020 Listed $159,900 MLS #220010353

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,580 $9,289 $81,869 $2,092
2023 $33,719 $9,741 $43,460 $2,072
2022 $33,719 $9,741 $43,460 $2,079
2021 $24,549 $8,470 $33,019 $1,765
2020 $24,549 $8,470 $33,019 $1,760
2019 $24,549 $8,470 $33,019 $1,753
2018 $29,260 $6,951 $36,211 $1,784
2017 $29,260 $6,951 $36,211 $1,816
2016 $29,260 $6,951 $36,211 $1,802
2015 $28,721 $6,619 $35,340 $1,830
2014 $28,720 $6,620 $35,340 $1,833
2013 $28,720 $6,620 $35,340 $1,835
2012 $26,450 $4,190 $30,640 $2,541
2011 $26,450 $4,190 $30,640 $2,542
2009 $29,130 $4,550 $33,680 $2,807

Property facts

Year built
1907
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,016 sqft
Lot size
7,841 sqft
ZIP code
43342
City
Prospect
Street
Water St
Coordinates
40.45131, -83.18525

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
$1,326
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Water St last sell?
406 Water St most recently sold on Aug 1, 2022 for $221,000.
What is the current tax assessment for 406 Water St?
The most recent total assessment for 406 Water St (year 2025) is $81,869 with $2,092 in property tax.
How does 406 Water St's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $221,000.
When was 406 Water St built?
406 Water St was built in 1907.
How does 406 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 406 Water St?
406 Water St is a 4 bed, 2 bath, 2,016 sqft, 7,841 sqft lot single_family.
Is 406 Water St a flip candidate?
No — 406 Water St does not appear in our flips dataset.
Is 406 Water St a tax-appeal candidate?
No — 406 Water 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
+12.0%
Implied 1-yr
+48.0%
2025 Q4
$447.5K
2026 Q1
$477.6K
ZIP 43342 — Median Price History + Forecast

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