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

$279,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,611 sqft

508 E Water St, Prospect, OH 43342

Est. Refi. Payment $1,735/mo*
Refinance Your Home
Currently Off Market - Sold Jul 16, 2021 for $230,000

Home Value

Trulia Estimate
$279K
Since last month
Increased$1K (+0.5%)
Since last year
Increased$4K (+1.6%)
Since last sale
Increased$49K (+21.4%)
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 +154% in the last 10 years
MonthEstimated value
2026
August 2026$279K
July 2026$278K
June 2026$282K
May 2026$284K
April 2026$278K
March 2026$268K
February 2026$267K
January 2026$264K
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
600 Park Ave, Prospect, OH
0.08
Single-Family Home
$255,000
05/20/26
3
1.5
1,309
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
0.14
Single-Family Home
$275,000
07/21/26
4
2.5
1,526
306 E Water St, Prospect, OH
0.14
Single-Family Home
$111,500
05/07/26
3
2
1,241
406 North St, Prospect, OH
0.11
Single-Family Home
$197,500
04/27/26
3
1
1,269
501 Park Ave, Prospect, OH
0.11
Single-Family Home
$260,000
03/31/26
3
1
1,203
409 N East St, Prospect, OH
0.36
Single-Family Home
$222,000
07/17/26
3
2
1,440
300 N East St, Prospect, OH
0.21
Single-Family Home
$300,000
12/12/25
3
2
2,040
602 North St, Prospect, OH
0.08
Single-Family Home
$75,000
07/14/26
2
1
1,304
151 S Main St, Prospect, OH
0.33
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
506 E Water St, Prospect, OH 43342
0.01
$234,700
3
1.5
1,840
Off Market
600 Park Ave, Prospect, OH 43342
0.08
$255,000
3
1.5
1,309
Recently Sold
406 E Water St, Prospect, OH 43342
0.08
$280,900
4
1.5
2,016
Off Market
501 Park Ave, Prospect, OH 43342
0.11
$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
0.08
$182,100
3
2
1,530
Off Market
508 North St, Prospect, OH 43342
0.08
$197,300
3
1
1,268
Off Market
312 Park Ave, Prospect, OH 43342
0.14
$275,000
4
2.5
1,526
Recently Sold
704 Park Ave, Prospect, OH 43342
0.12
$222,200
4
2
1,576
Off Market
307 E Water St, Prospect, OH 43342
0.14
$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
0.11
-
3
1
1,400
Off Market

Local Information

  • Map ViewExplore the area around 508 E Water St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
1,611 sqft
Price/Sqft
$173
Parking
Garage

About this House

Make sure to check out this remodeled village of Prospect home, conveniently located just north of Delaware(13 Miles) and in between Marion(10 miles) and Columbus(25 Miles). Your new home is several blocks from downtown Prospect and two blocks from a beautiful park. This home offers all first floor living as there is a first floor bedroom, bathroom, and laundry room. Professionally decorated, this home offers updates throughout including both bathrooms and a gorgeous kitchen with white shaker cabinets, high end bevel edged granite, light fixtures and farmhouse sink. The outside offers a perfect deck for entertaining with a partially covered deck. This home does not set in the floodplain and the basement has been waterproofed with drainage system as well. Extra large garage which has electric and is insulated with storage above and built-in shelves. Bedroom 1(14x12) Living(14x14) Dining(13x11) Kitchen(12x11) Study(13x10) Bedroom 2(10x13) Bedroom 3(14x13).
508 E Water St, Prospect, OH 43342 is a 3 bedroom, 2 bathroom, 1,611 sqft single-family home built in 1900. It last sold for $230,000 on Jul 16, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $279,400, with a rent estimate of $1,647/month.

Home Details for 508 E Water St

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Walk In Closet
Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate
Appliances & Utilities
Microwave

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: VinylPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7949 sqft

Price and Tax history

DateEventPrice
Jul 16, 2021
Source: Columbus and Central Ohio Regional MLS #221017096
Sold
$230,000
Jun 16, 2021
Source: Columbus and Central Ohio Regional MLS #221017096
Contingent
$230,000
Jun 8, 2021
Source: Columbus and Central Ohio Regional MLS #221017096
PriceChange
$230,000
Price increased by 3%
May 20, 2021
Source: Columbus and Central Ohio Regional MLS #221017096
Listed For Sale
$223,000
Jan 23, 2021
Source: MBOR
ListingRemoved

Market trends in Prospect

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
9
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. "
    0
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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"
    0
    Flag
  • 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. "
    0
    Flag
  • 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
    Flag
  • 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. "
    0
    Flag
  • 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

LGBTQ Local Legal Protections

Frequently asked questions about 508 E Water St

  • What is 508 E Water St estimated to be worth?
    Trulia's estimated value for 508 E Water St in Prospect, OH is $279,400.
  • What is the price history for 508 E Water St?
    508 E Water St in Prospect, OH last sold for $230,000 in July 2021.
  • 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 508 E Water St have air conditioning?
    Yes, 508 E Water St in Prospect, OH has air conditioning.
  • How big is the lot at 508 E Water St?
    The lot at 508 E Water St in Prospect, OH is about 0.18 acres (7,841 sq ft).

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