501 Lake Ave, Elyria, OH 44035 Property Records

Lorain County property record for 501 Lake Ave, Elyria, OH 44035

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	5,288 sqft · built 1960
Lot Size	0.1 acres (4,356 sqft)
Owner	Individual Name on File
Last Sale	$60,000 (Jun 2017)
Tax Bill	$3,817 (2025)
Deeds & Mortgages	Jun 2017 Sale
Flood Zone	Zone X (minimal risk)
APN	`06-24-062-101-003`

Property Details

APN / Parcel Number

Primary APN	`06-24-062-101-003`

Interior

Stories	1 Story
Building Area	5,288 sqft Total Area

Exterior

Year Built	Built 1960
Lot Area	4,356 sqft (0.1 acres)
Lot Dimensions	999 ft deep x 45 ft wide
Storage Building	Storage Building

Location & Zoning

Street Address	501 LAKE AVE
City	ELYRIA
State	OH
Zip	44035-3539
Property Category	Commercial
Property Type	Commercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Legal Description	NICHOLS 45 X 999.57
Legal Subdivision	GEORGE E NICHOLS ADDITION
Legal Tract	24
Legal Block	101
Legal Lot Number	1&2
Jurisdiction	LORAIN OH
Township / Civil Division	ELYRIA
Census Block Group	2
Census Block	2017
Census Tract	70500

Owner

Source: Lorain County records · APN 06-24-062-101-003

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	Individual Name on File
Mailing Address	501 LAKE AVE, ELYRIA, OH 44035-3539
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 12, 2017 · Amount on Record
Deed Sale	Jun 12, 2017 · Amount on Record
Prior Sale	Jan 19, 2016
Deed Document Number	2017002928
Record Updated	Jun 08, 2026

June 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LORAIN OH
Recording Date	Jun 12, 2017
Property Address	501 LAKE AVE, ELYRIA, OH 44035-3539
Document Number	0000632664
Instrument Date	Jun 12, 2017
Instrument	632664
Transaction Type	Transfer
Record Updated	Jul 14, 2020
Title Company	EXAMCO TITLE SERVICES, EXAMCO TITLE SVCS

Transaction

Amount	Amount Recorded
Tax	$740.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	34921 SHAWN DR NORTH RIDGEVILLE OH 440391780, NORTH RIDGEVILLE, OH 44039-1780

Tax Assessment & Valuation

Source: Lorain County records · Assessment roll updated August 1, 2025 · Last verified March 2026

Property Jurisdictions

Type	Name
State	Ohio
County	Lorain County
Municipality	Elyria City
Unified School District	Elyria City School District (PK - 12)

Tax Bill & Assessment History

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	$3,817.00	$61,820 (-0.01%) Land $7,620 Building $54,200	$176,640 (-) Land $21,780 Building $154,860
2024	$3,817.00 (-15.89%)	$61,824 (+4.01%) Land $7,623 Building $54,201	$176,640 (+4.02%) Land $21,780 Building $154,860
2023	$4,538.00 (+5.58%)	$59,438 (%) Land $3,049 Building $56,389	$169,820 (-) Land $8,710 Building $161,110
2022	$4,298.00	$59,440 Land $3,050 Building $56,390
2021			$169,820 Land $8,710 Building $161,110

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of May 25, 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Wildfire

Wildfire Risk	Not rated no burnable land within ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Uniti Group Fiber · DSL in parts of the area	2,000 / 2,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000

May also be available: T-Mobile USA, Verizon.

Based on FCC filings for 564 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	ELYRIA WATER DEPARTMENT serves 68,000 people
Water Source	Surface water
Last State Inspection	Jun 2023
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

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

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.