Lorain County property record for 1240 W 5th St, Lorain, OH 44052 · Last verified March 2026
| Property Type | Mixed Use Commercial Office / Residential |
|---|---|
| Details | 2,000 sqft · built 1910 |
| Lot Size | 0.08 acres (3,485 sqft) |
| Owner | 2 Company Names on File |
| Tax Bill | $988 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 02-02-026-106-013 |
| Primary APN | 02-02-026-106-013 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 2,000 sqft Total Area |
| Basement Area | 2,000 sqft |
| Year Built | Built 1910 |
|---|---|
| Lot Area | 3,485 sqft (0.08 acres) |
| Lot Dimensions | 83 ft deep x 42 ft wide |
| Street Address | 1240 W 5TH ST |
|---|---|
| City | LORAIN |
| State | OH |
| Zip | 44052-1334 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Mixed Use Commercial Office / Residential |
| Legal Description | BROWNELL 42 X 82 |
| Legal Subdivision | BROWNELLS FIRST ADDITION TO THE VILLAGE |
| Legal Tract | 2 |
| Legal Block | 106 |
| Legal Lot Number | 17-18 |
| Jurisdiction | LORAIN OH |
| Township / Civil Division | LORAIN |
| Census Block Group | 1 |
| Census Block | 1016 |
| Census Tract | 22400 |
Source: Lorain County records · APN 02-02-026-106-013
Assessment roll updated August 1, 2025 · Last verified March 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on File |
|---|---|
| Mailing Address | 2109 W 14TH ST, LORAIN, OH 44052-1117 |
| Owner Type | Company |
| Vesting | Trust |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 16, 2011 |
| Deed Sale | Dec 16, 2011 |
| Prior Sale | Aug 20, 2010 |
| Deed Document Number | 2011094551 |
| Record Updated | Jun 08, 2026 |
Source: Lorain County records · Assessment roll updated August 1, 2025 · Last verified March 2026
| Type | Name |
|---|---|
| State | Ohio |
| County | Lorain County |
| Municipality | Lorain City |
| Unified School District | Lorain City School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $988.00 | $15,850 (-0.01%) Land $2,190 Building $13,660 | $45,290 (-) Land $6,270 Building $39,020 |
| 2024 | $988.00 (-5.45%) | $15,852 (+19.09%) Land $2,195 Building $13,657 | $45,290 (+19.09%) Land $6,270 Building $39,020 |
| 2023 | $1,045.00 (+0.97%) | $13,311 (+0.01%) Land $1,831 Building $11,480 | $38,030 (-) Land $5,230 Building $32,800 |
| 2022 | $1,035.00 | $13,310 Land $1,830 Building $11,480 | |
| 2021 | $38,030 Land $5,230 Building $32,800 |
Source: FEMA National Flood Hazard Layer, Lorain County (39093C), updated May 25, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 390930224001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Special Flood Hazard Area | No |
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Flood Insurance Cost | Premium on Record median of 1 individual NFIP policies nearby |
| Nearby Flood Policies | 1 in force |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
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