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224 Prospect St

Lake Mills, WI 53551

2 bd 2 ba 1,200 sqft Built 1961 Lot 16,553 sqft single_family
Most recent sale
$255,000
Oct 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2022 Sold $255,000 MLS #1942213
Aug 26, 2022 Listed $229,900 MLS #1942213
Aug 21, 2015 Sold $153,000 MLS #1750510
Jun 24, 2015 Listed $155,000 MLS #1429158
Nov 5, 2014 Listing removed $159,000 SCWMLS
Oct 22, 2014 Listed $159,000 MLS #1730210
Oct 22, 2014 Listing removed $159,000 MetroMLS
Oct 21, 2014 Listed $159,000 MLS #1392169
May 3, 2004 Sold $144,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,200 $73,200 $273,400 $3,921
2023 $125,000 $52,200 $177,200 $3,649
2022 $125,000 $52,200 $177,200 $3,524
2021 $125,000 $52,200 $177,200 $3,440
2020 $125,000 $52,200 $177,200 $3,374
2019 $125,000 $52,200 $177,200 $3,397
2018 $105,600 $51,600 $157,200 $3,392
2017 $105,600 $51,600 $157,200 $3,392
2016 $105,600 $51,600 $157,200 $3,423
2015 $105,600 $51,600 $157,200 $3,330
2014 $105,600 $51,600 $157,200 $3,341
2013 $105,600 $51,600 $157,200 $3,422
2012 $105,600 $51,600 $157,200 $3,404
2011 $105,600 $51,600 $157,200 $3,312
2010 $96,700 $45,700 $142,400 $3,253
2009 $96,700 $45,700 $142,400 $3,182
2008 $96,700 $45,700 $142,400 $3,196
2007 $96,700 $45,700 $142,400 $2,877

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,200 sqft
Lot size
16,553 sqft
ZIP code
53551
City
Lake Mills
Street
Prospect St
Coordinates
43.08548, -88.90506

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
8.47%
Implied cap rate
5.51%
Trend-extrapolated value

Frequently asked questions

When did 224 Prospect St last sell?
224 Prospect St most recently sold on Oct 27, 2022 for $255,000.
What is the current tax assessment for 224 Prospect St?
The most recent total assessment for 224 Prospect St (year 2025) is $273,400 with $3,921 in property tax.
How does 224 Prospect St's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $255,000.
When was 224 Prospect St built?
224 Prospect St was built in 1961.
How does 224 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 224 Prospect St?
224 Prospect St is a 2 bed, 2 bath, 1,200 sqft, 16,553 sqft lot single_family.
Is 224 Prospect St a flip candidate?
No — 224 Prospect St does not appear in our flips dataset.
Is 224 Prospect St a tax-appeal candidate?
No — 224 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
-3.1%
Implied 1-yr
-12.4%
2026 Q1
$348.7K
2026 Q2
$348.7K
ZIP 53551 — Median Price History + Forecast

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