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16 Prospect St

Smithfield, RI 02828

4 bd 2 ba 2,006 sqft Built 1965 Lot 13,068 sqft single_family
Most recent sale
$389,900
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2021 Sold $389,900 MLS #1295609
Oct 8, 2021 Listed $389,900 MLS #1295609

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $339,000 $160,800 $499,800 $6,193
2023 $226,100 $144,500 $370,600 $5,085
2022 $226,100 $144,500 $370,600 $4,951
2020 $190,000 $108,000 $298,000 $5,009
2019 $190,000 $108,000 $298,000 $5,009
2018 $143,300 $108,000 $251,300 $4,413
2017 $143,300 $108,000 $251,300 $4,413
2016 $143,300 $108,000 $251,300 $4,204
2015 $122,500 $95,900 $218,400 $3,837
2012 $127,600 $112,700 $240,300 $3,850
2006 $144,100 $110,900 $255,000 $3,927

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,006 sqft
Lot size
13,068 sqft
ZIP code
02828
City
Smithfield
Street
Prospect St
Coordinates
41.87279, -71.54623

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,009
Gross rental yield
9.26%
Implied cap rate
6.02%
Trend-extrapolated value

Frequently asked questions

When did 16 Prospect St last sell?
16 Prospect St most recently sold on Dec 29, 2021 for $389,900.
What is the current tax assessment for 16 Prospect St?
The most recent total assessment for 16 Prospect St (year 2025) is $499,800 with $6,193 in property tax.
How does 16 Prospect St's assessment compare to its last sale price?
The current assessment is 28.2% above the last sale price of $389,900.
When was 16 Prospect St built?
16 Prospect St was built in 1965.
How does 16 Prospect St compare to others on Prospect St?
We track 2 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 16 Prospect St?
16 Prospect St is a 4 bed, 2 bath, 2,006 sqft, 13,068 sqft lot single_family.
Is 16 Prospect St a flip candidate?
No — 16 Prospect St does not appear in our flips dataset.
Is 16 Prospect St a tax-appeal candidate?
No — 16 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
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$539.3K
2026 Q4
$545.6K
ZIP 02828 — Median Price History + Forecast

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