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5509 Prospect St

Ravenna, OH 44266

5 bd 2 ba 3,144 sqft Built 1958 Lot 30,056 sqft single_family
Most recent sale
$163,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2022 Listing removed $179,000 MLSNOW
Dec 30, 2021 Sold $163,000 MLS #4330165
Nov 17, 2021 Price changed $189,900 MLS #4330165
Nov 2, 2021 Listed $194,900 MLS #4330165
May 30, 2012 Listing removed $130,000 MLSNOW
Dec 15, 2011 Listed $130,000 MLS #3281758
Mar 22, 2005 Sold $107,100 Public Record
Jun 8, 1992 Sold $74,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $66,680 $5,670 $72,350 $3,598
2024 $66,680 $5,670 $72,350 $3,128
2023 $28,350 $5,670 $34,020 $1,729
2022 $28,350 $5,670 $34,020 $1,729
2021 $28,350 $5,670 $34,020 $1,772
2020 $22,330 $5,670 $28,000 $1,644
2019 $22,330 $5,670 $28,000 $1,617
2018 $22,330 $5,670 $28,000 $1,633
2017 $22,370 $6,480 $28,850 $1,766
2016 $36,020 $6,480 $42,500 $2,372
2015 $36,020 $6,480 $42,500 $2,374
2014 $36,020 $6,480 $42,500 $2,394
2013 $36,020 $6,480 $42,500 $2,380
2012 $36,020 $6,480 $42,500 $2,367
2011 $42,810 $6,440 $49,250 $2,564
2010 $42,810 $6,440 $49,250 $2,730
2009 $42,805 $6,440 $49,245 $2,481
2008 $45,050 $6,790 $51,840 $2,492
2007 $45,050 $6,790 $51,840 $2,489

Property facts

Year built
1958
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
3,144 sqft
Lot size
30,056 sqft
ZIP code
44266
City
Ravenna
Street
Prospect St
Coordinates
41.14064, -81.24279

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
$978
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5509 Prospect St last sell?
5509 Prospect St most recently sold on Dec 30, 2021 for $163,000.
What is the current tax assessment for 5509 Prospect St?
The most recent total assessment for 5509 Prospect St (year 2025) is $72,350 with $3,598 in property tax.
How does 5509 Prospect St's assessment compare to its last sale price?
The current assessment is 55.6% below the last sale price of $163,000.
When was 5509 Prospect St built?
5509 Prospect St was built in 1958.
How does 5509 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 5509 Prospect St?
5509 Prospect St is a 5 bed, 2 bath, 3,144 sqft, 30,056 sqft lot single_family.
Is 5509 Prospect St a flip candidate?
No — 5509 Prospect St does not appear in our flips dataset.
Is 5509 Prospect St a tax-appeal candidate?
No — 5509 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
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$224.4K
2026 Q4
$227.7K
ZIP 44266 — Median Price History + Forecast

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