506 E Water St, Prospect, OH 43342
Property image
Property image
OFF MARKET

$234,500

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,840 sqft

506 E Water St, Prospect, OH 43342

Est. Refi. Payment $1,528/mo*
Refinance Your Home
Currently Off Market - Sold Mar 15, 2024 for $191,000

Home Value

Trulia Estimate
$235K
Since last month
Decreased$3K (-1.1%)
Since last year
Increased$1K (+0.5%)
Since last sale
Increased$40K (+20.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +102% in the last 10 years
MonthEstimated value
2026
September 2026$231K
August 2026$235K
July 2026$233K
June 2026$235K
May 2026$239K
April 2026$234K
March 2026$223K
February 2026$220K
January 2026$217K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
406 North St, Prospect, OH
0.11
Single-Family Home
$197,500
04/27/26
3
1
1,269
600 Park Ave, Prospect, OH
0.08
Single-Family Home
$255,000
05/20/26
3
1.5
1,309
306 E Water St, Prospect, OH
0.13
Single-Family Home
$249,900
08/30/26
3
2
1,241
501 Park Ave, Prospect, OH
0.10
Single-Family Home
$260,000
03/31/26
3
1
1,203
307 Park Ave, Prospect, OH
0.16
Single-Family Home
$242,000
09/09/26
3
1.5
1,164
608 E Water St, Prospect, OH
0.07
Single-Family Home
$305,000
06/09/26
3
3.5
1,816
312 Park Ave, Prospect, OH
0.13
Single-Family Home
$275,000
07/21/26
4
2.5
1,526
409 N East St, Prospect, OH
0.36
Single-Family Home
$222,000
07/17/26
3
2
1,440
151 S Main St, Prospect, OH
0.32
Single-Family Home
$200,000
10/17/25
3
1
1,960

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
600 Park Ave, Prospect, OH 43342
0.08
$255,000
3
1.5
1,309
Recently Sold
406 E Water St, Prospect, OH 43342
0.07
$280,000
4
1.5
2,016
Off Market
501 Park Ave, Prospect, OH 43342
0.10
$260,000
3
1
1,203
Recently Sold
608 E Water St, Prospect, OH 43342
0.07
$305,000
3
3.5
1,816
Recently Sold
600 North St, Prospect, OH 43342
0.09
$182,100
3
2
1,530
Off Market
508 North St, Prospect, OH 43342
0.09
$197,800
3
1
1,268
Off Market
312 Park Ave, Prospect, OH 43342
0.13
$275,000
4
2.5
1,526
Recently Sold
704 Park Ave, Prospect, OH 43342
0.13
$221,400
4
2
1,576
Off Market
307 E Water St, Prospect, OH 43342
0.13
$293,600
3
2
1,950
Off Market
406 North St, Prospect, OH 43342
0.11
$197,500
3
1
1,269
Recently Sold
705 E Water St, Prospect, OH 43342
0.12
-
3
1
1,400
Off Market

Local Information

  • Map ViewExplore the area around 506 E Water St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1926
1,840 sqft
$127/sqft
Garage

About this House

Country Living inside the village of prospect.Spacious 2- story with large living area with formal dining room and a large updated kitchen with built in newer appliances. Lovely back porch area with fenced in rear yard as well as spacious 2 stall garage. Kitchen and bathrooms updated. Original hard wood floors thru out. Pictures to follow with professional.
506 E Water St, Prospect, OH 43342 is a 3 bedroom, 2 bathroom, 1,840 sqft single-family home built in 1926. It last sold for $191,000 on Mar 15, 2024 (2% below the $194,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $234,500, with a rent estimate of $1,644/month.
Last check for updates: about 16 hours ago
Listed by Cindy Dutton, (740) 251-8974
Realty Ohio Inc.
Bought with: Dana S Hess, (614) 270-4836, Hess Realty Group, LLC
Source: Columbus and Central Ohio Regional MLS , MLS#224000029

Home Details for 506 E Water St

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1840 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Levels: TwoFloors: Wood

Exterior Features

Exterior Home Features
Foundation: OtherNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Detached,On Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1926
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Parcel Number: 270020014.200

Price & Status

Price
List Price: $194,500
Status Change & Dates
Off Market Date: Wed Jan 24 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Prospect
School Information
High School District: ELGIN LSD 5101 MAR CO.

Building

Building Area
Building Area: 1840 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7840.8 sqft

Miscellaneous

BasementMls Number: 224000029

Price and Tax history

DateEventPrice
Mar 15, 2024
Source: Columbus and Central Ohio Regional MLS #224000029
Sold
$191,000
Jan 24, 2024
Source: Columbus and Central Ohio Regional MLS #224000029
Contingent
$194,500
Jan 15, 2024
Source: Columbus and Central Ohio Regional MLS #224000029
Listed For Sale
$194,500
Jul 6, 2022
Source: N/A
Sold
$100,000

Market trends in Prospect

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
1MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Prospect

At least 8 Trulia users voted on each feature.

  • 92 % Say parking is easy

  • 88 % Say yards are well-kept

  • 83 % Say car is needed

  • 82 % Say there's holiday spirit

  • 75 % Say it's dog friendly

  • 73 % Say kids play outside

  • 72 % Say there are sidewalks

  • 71 % Say people would walk alone at night

  • 68 % Say neighbors are friendly

  • 64 % Say streets are well-lit

  • 60 % Say it's walkable to restaurants

  • 55 % Say it's quiet

  • 54 % Say there's wildlife

  • 40 % Say it's walkable to grocery stores

  • 40 % Say there are community events

  • 33 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Cl2024
    "There are many sidewalks around town to walk your dog! There’s also a nearby park with a long walking path that would be perfect for exercise! We always see people out walking their dogs. "
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  • Chasity F.
    "4th of July at the park. Easter at the park. Halloween parade downtown. Santa parade. American legion community dinners. Monthly fish fries"
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  • Chasity F.
    "I’ve lived in this neighborhood for 25 years. I raised my children here and my grandchildren are being raised in this neighborhood. It is small. The neighbors are friendly. The children an still go out and play without worrying too much worry. "
    0
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  • Caitlynn F.
    "We have trick or treat for Halloween. A fair for the Fourth of July. During Christmas we use to have a tree lighting ceremony. Since the pandemic the community has come together to make the best of it. "
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  • Chasity F.
    "It is about a 20 min stress free drive to two cities in either direction and about a 40 min drive to Columbus. There is no public transit in Prospect "
    0
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  • z Preston
    "Family friendly neighborhood with a great park and community swimming pool. However, outside of that there is nothing for kids to do so be prepared to drive out of town to do anything with your families. "
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  • Matt N.
    "Quiet and secluded, not much traffic. However, there's easy access to nearby activities in Marion, Marysville, Delaware, or even Columbus. Pleasant school district is the best in the area, possibly the best in the state - small classes, aggressive college prep program, great sports tradition. "
    0
    Flag

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Frequently asked questions about 506 E Water St

  • What is 506 E Water St estimated to be worth?
    Trulia's estimated value for 506 E Water St in Prospect, OH is $234,500.
  • What is the price history for 506 E Water St?
    506 E Water St in Prospect, OH last sold for $191,000 in March 2024.
  • Is Prospect a buyer's or seller's market?
    Prospect is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Prospect?
    Residents describe Prospect, OH as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Prospect, OH.
  • Does 506 E Water St have air conditioning?
    Yes, 506 E Water St in Prospect, OH has air conditioning.
  • How big is the lot at 506 E Water St?
    The lot at 506 E Water St in Prospect, OH is about 0.18 acres (7,841 sq ft).

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