503 Griswold Rd, Elyria, OH 44035 Property Records

Lorain County property record for 503 Griswold Rd, Elyria, OH 44035 · Last verified April 2026

Property Highlights

Property TypeCommercial > Retail > Drive-Thru Restaurant, Fast Food
Square Footage6,579 sqft Gross Area
Lot Size49,223 sqft (1.13 acres)
Last Sale$2,635,300 (2025)
Tax Bill$33,558.00 (2024)

Property Details

APN / Parcel Number

Primary APN06-23-016-102-042

Interior

Building Area6,579 sqft Gross Area
1st Floor6,579 sqft 1st Floor
Stories1 Stories

Exterior

Lot Area49,223 sqft (1.13 acres)

Location & Zoning

Street Address503 GRISWOLD RD
CityELYRIA
StateOH
Zip44035-2306
Property UsageCommercial Property Usage
TypeCommercial > Retail > Drive-Thru Restaurant, Fast Food
Legal SubdivisionELYRIA TOWNSHIP
Legal Block102
JurisdictionLORAIN OH
Minor Civil DivisionELYRIA
Census Blockgroup2
Census Block2003
Census Tract70300

Owner

Source: Lorain County records · APN 06-23-016-102-042

Assessment roll updated May 16, 2025 · Last verified April 2026

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

Owner of RecordCompany Name on File
Mailing Address450 LEXINGTON AVE, 4539, NEW YORK, NY 10163-9523
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jul 07, 2023Limited Warranty Deed, Transfer · Commercial Mortgage
WELLS FARGO BANK NA
Aug 31, 2017Grant Deed, Mortgage · Line of Credit
NATIXIS R/E CAP
May 17, 2017Grant Deed, Transfer
OLD REPUBLIC TITLE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 12, 2025 · Amount on Record
Deed SaleJun 12, 2025 · Amount on Record
Prior SaleJul 07, 2023 · Amount on Record
Record RefreshedJun 08, 2026

July 2023: Limited Warranty Deed, Transfer

Document TypeLimited Warranty Deed
JurisdictionLORAIN OH
Recording DateJul 07, 2023
Property Address503 GRISWOLD RD, ELYRIA, OH 44035-2306
Document Number0000921458
Instrument DateJun 23, 2023
Instrument2023-0921458
Transaction TypeTransfer
Record UpdatedJul 20, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address200 S BISCAYNE BLVD # 7TH, MIAMI, FL 33131-2310
Mail Care OfORION REALE ESTATE GROUP

Mortgage

Document Number0000921459
DateJul 07, 2023
Instrument2023-0921459
Lender
NameWELLS FARGO BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term23 Months
DueJun 26, 2025

August 2017: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionLORAIN OH
Recording DateAug 31, 2017
Property Address503 GRISWOLD RD, ELYRIA, OH 44035-2306
Instrument DateAug 28, 2017
Instrument642740
Transaction TypeMortgage
Record UpdatedSep 12, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address405 PARK AVE #14TH NEW YORK NY 100224405, 14TH, NEW YORK, NY 10022-4405

Mortgage

Document Number0000642740
DateAug 31, 2017
Instrument642740
Lender
NameNATIXIS R/E CAP
TypeMortgage Electronic Registration Systems (MERS)
AddressNEW YORK, NY 10020
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

May 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionLORAIN OH
Recording DateMay 17, 2017
Property Address503 GRISWOLD RD, ELYRIA, OH 44035-2306
Document Number0000629821
Instrument DateApr 28, 2017
Instrument629821
Transaction TypeTransfer
Record UpdatedJun 07, 2017
Title CompanyOLD REPUBLIC TITLE

Transaction

AmountAmount Recorded
Tax$7,841.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address405 PARK AVE #14TH NEW YORK NY 100224405, 14TH, NEW YORK, NY 10022-4405

Tax Assessment & Valuation

Source: Lorain County records · Assessment roll updated May 16, 2025 · Last verified April 2026

Property Jurisdictions

TypeName
StateOhio
CountyLorain County
MunicipalityElyria City
Unified School DistrictElyria City School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$34,479.00 (+2.74%)$558,390 (+%) Land $159,360 Building $399,030$1,595,390 (-) Land $455,310 Building $1,140,080
2024$33,558.00 (+0.29%)$558,387 (+21.32%) Land $159,359 Building $399,028$1,595,390 (+21.32%) Land $455,310 Building $1,140,080
2023$33,460.00 (+0.53%)$460,251 (+%) Land $155,054 Building $305,197$1,315,000 (-) Land $443,010 Building $871,990
2022$33,282.00$460,250 Land $155,050 Building $305,200
2021$1,315,000 Land $443,010 Building $871,990

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Lorain County (39093C), updated May 25, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo
Nearest Special Flood Hazard AreaZone A, within 500 ft

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Nearby Properties on Griswold Rd

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