42 E Prospect St, Painesville, OH 44077 Property Records

Lake County property record for 42 E Prospect St, Painesville, OH 44077

Property Summary

Property Type	Commercial
Details	2 bd · 1 ba · 840 sqft · built 1923
Lot Size	0.15 acres (6,525 sqft)
Owner	Company Name on Record
Last Sale	$2,250,000 (Jun 2003)
Tax Bill	$1,161 (2023)
Deeds & Mortgages	Sep 2026 Transfer Mar 2024 Transfer
Flood Zone	Zone X (minimal risk)
APN	`15-D-009-0-00-059-0`

Property Details

APN / Parcel Number

Primary APN	`15-D-009-0-00-059-0`
Alternative APN	`B 24`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	5 Rooms
Building Area	840 sqft

Exterior

Year Built	Built 1923
Effective Year Built	Effective 1923
Lot Area	6,525 sqft (0.15 acres)
Lot Dimensions	145 ft deep x 45 ft wide
View / Lot	Central Business
Garage Area	2 sqft

Utilities, Heating & Cooling

Heating System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	42 E PROSPECT ST
City	PAINESVILLE
State	OH
Zip	44077
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	B-4
Legal Description	PAINESVILLE LOT TRACT 3 S/L 50 & PART OF S/L 48
Legal Subdivision	WARNER SUBDIVISION
Legal Tract	3
Legal Block	1
Legal Lot Number	50,48
Jurisdiction	LAKE OH
Township / Civil Division	PAINESVILLE
Census Block Group	1
Census Block	1006
Census Tract	204500

Owner

Source: Lake County records, as of October 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	216 RICHMOND ST, PAINESVILLE, OH 44077-3227
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Sep 18, 2026	Quit Claim Deed, Transfer NONE LISTED ON DOCUMENT
Mar 1, 2024	Transfer on Death Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 9, 2003 · Amount on Record
Deed Sale	Jun 9, 2003 · Amount on Record
Prior Sale	Aug 4, 1993 · Amount on Record
Deed Document Number	200333593
Last Transfer Date	Sep 14, 2026
Transfer Doc	0000021419
Record Updated	Oct 29, 2026

September 2026: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	LAKE OH
Recording Date	Sep 18, 2026
Property Address	42 E PROSPECT ST, PAINESVILLE, OH 44077
Document Number	0000021419
Instrument Date	Sep 14, 2026
Instrument	202621419
Transaction Type	Transfer
Record Updated	Sep 30, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Quitclaim Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	216 RICHMOND ST, PAINESVILLE, OH 44077-3227

March 2024: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	LAKE OH
Recording Date	Mar 1, 2024
Property Address	42 E PROSPECT ST, PAINESVILLE, OH 44077
Document Number	0000003894
Map Reference	VOL A PG 73
Instrument Date	Oct 19, 2023
Instrument	2024R003894
Transaction Type	Transfer
Record Updated	Jun 2, 2026

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	216 RICHMOND ST, PAINESVILLE, OH 44077-3227

Tax Assessment & Valuation

Source: Lake County assessment roll, as of December 30, 2025

Property Jurisdictions

Type	Name
State	Ohio
County	Lake County
Municipality	Painesville City
Unified School District	Painesville City Local School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$7,340 (-21.75%) Land $5,030 Building $2,310	$20,960 (-21.79%) Land $14,360 Building $6,600
2023	$1,161.00 (+17.27%) Homeowner's exemption	$9,380 (-) Land $7,990 Building $1,390
2022	$990.00	$9,380 Land $7,990 Building $1,390
2021			$26,800 Land $22,840 Building $3,960

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 14, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	3 (1979–1981)
Most Recent Claim	Feb 1981 · tidal / storm surge

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no wildfire likelihood modeled here

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PAINESVILLE CITY PWS serves 31,728 people · EPA ID OH4301611
Water Source	Surface water
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 403 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: Verizon.

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