501 Lake St
Amherst, OH 44001
3 bd 2 ba 1,512 sqft Built 1961 Lot 55,757 sqft single_family
Most recent sale
$220,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $220,000 | Public Record |
| Jul 28, 2022 | Sold | $220,000 | MLS #4383142 |
| Jun 16, 2022 | Listed | $209,900 | MLS #4383142 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $55,880 | $18,930 | $74,810 | $3,071 |
| 2023 | $47,614 | $18,022 | $65,636 | $3,145 |
| 2022 | $47,614 | $18,022 | $65,636 | $3,093 |
| 2021 | $47,614 | $17,959 | $65,573 | $2,617 |
| 2020 | $41,440 | $15,631 | $57,071 | $2,507 |
| 2019 | $41,440 | $15,631 | $57,071 | $2,457 |
| 2018 | $41,440 | $15,631 | $57,071 | $2,470 |
| 2017 | $39,984 | $13,290 | $53,274 | $2,424 |
| 2016 | $39,984 | $13,290 | $53,274 | $2,444 |
| 2015 | $39,984 | $13,290 | $53,274 | $2,430 |
| 2014 | $37,370 | $12,422 | $49,792 | $2,251 |
| 2013 | $37,370 | $12,422 | $49,792 | $2,258 |
| 2012 | $37,370 | $12,422 | $49,792 | $2,214 |
| 2011 | $41,580 | $13,755 | $55,335 | $2,177 |
| 2010 | $41,580 | $13,755 | $55,335 | $2,173 |
| 2009 | $41,580 | $13,755 | $55,335 | $2,144 |
| 2008 | $43,790 | $14,490 | $58,280 | $2,198 |
| 2007 | $43,790 | $14,490 | $58,280 | $1,892 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
55,757 sqft
ZIP code
44001
City
Amherst
Street
Lake St
Coordinates
41.40503, -82.23838
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,268
Gross rental yield
12.37%
Implied cap rate
8.04%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Lake St last sell?
501 Lake St most recently sold on Aug 1, 2022 for $220,000.
What is the current tax assessment for 501 Lake St?
The most recent total assessment for 501 Lake St (year 2025) is $74,810 with $3,071 in property tax.
How does 501 Lake St's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $220,000.
When was 501 Lake St built?
501 Lake St was built in 1961.
How does 501 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 501 Lake St?
501 Lake St is a 3 bed, 2 bath, 1,512 sqft, 55,757 sqft lot single_family.
Is 501 Lake St a flip candidate?
No — 501 Lake St does not appear in our flips dataset.
Is 501 Lake St a tax-appeal candidate?
No — 501 Lake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$277.1K
2026 Q4
$280.1K
ZIP 44001 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St