507 Water St
Prospect, OH 43342
2 bd 4 ba 1,350 sqft Built 1914 Lot 6,098 sqft single_family
Most recent sale
$70,000
Apr 13, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 16, 2022 | Sold | $154,000 | ColumbusCORMLS |
| Oct 20, 2022 | Price changed | $160,000 | MLS #222038604 |
| Oct 14, 2022 | Listed | $169,900 | MLS #222038604 |
| Apr 13, 2021 | Sold | $70,000 | Public Record |
| Apr 7, 2021 | Sold | $70,000 | ColumbusCORMLS |
| Mar 1, 2021 | Listed | $80,000 | MLS #221005621 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $43,642 | $7,879 | $51,521 | $1,837 |
| 2023 | $29,911 | $8,250 | $38,161 | $1,820 |
| 2022 | $17,021 | $8,250 | $25,271 | $1,209 |
| 2021 | $11,739 | $7,179 | $18,918 | $1,037 |
| 2020 | $11,739 | $7,179 | $18,918 | $1,009 |
| 2019 | $11,739 | $7,179 | $18,918 | $1,005 |
| 2018 | $12,740 | $5,880 | $18,620 | $474 |
| 2017 | $12,740 | $5,880 | $18,620 | $483 |
| 2016 | $12,740 | $5,880 | $18,620 | $478 |
| 2015 | $12,789 | $5,600 | $18,389 | $485 |
| 2014 | $12,790 | $5,600 | $18,390 | $486 |
| 2013 | $12,790 | $5,600 | $18,390 | $487 |
| 2012 | $13,820 | $3,540 | $17,360 | $1,440 |
| 2011 | $13,820 | $3,540 | $17,360 | $1,440 |
| 2009 | $15,310 | $3,850 | $19,160 | $1,597 |
Property facts
Year built
1914
Property type
single_family
Stories
2
Beds
2
Baths
4
Living area
1,350 sqft
Lot size
6,098 sqft
ZIP code
43342
City
Prospect
Street
Water St
Coordinates
40.45094, -83.18382
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Water St last sell?
507 Water St most recently sold on Apr 13, 2021 for $70,000.
What is the current tax assessment for 507 Water St?
The most recent total assessment for 507 Water St (year 2025) is $51,521 with $1,837 in property tax.
How does 507 Water St's assessment compare to its last sale price?
The current assessment is 26.4% below the last sale price of $70,000.
When was 507 Water St built?
507 Water St was built in 1914.
How does 507 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 507 Water St?
507 Water St is a 2 bed, 4 bath, 1,350 sqft, 6,098 sqft lot single_family.
Is 507 Water St a flip candidate?
Yes — 507 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Water St a tax-appeal candidate?
No — 507 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+12.0%
Implied 1-yr
+48.0%
2025 Q4
$447.5K
2026 Q1
$477.6K
ZIP 43342 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St