506 East Ave
Elyria, OH 44035
2 bd 1 ba 1,386 sqft Built 1900 Lot 1,742 sqft single_family
Most recent sale
$59,900
Jul 7, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 24, 2023 | Sold | $63,800 | MLSNOW |
| Oct 11, 2022 | Relisted | $69,900 | MLS #4412495 |
| Jul 7, 2021 | Sold | $59,900 | MLS #4283102 |
| May 27, 2021 | Listed | $59,900 | MLS #4283102 |
| Feb 16, 1989 | Sold | $22,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $22,120 | $3,170 | $25,290 | $1,191 |
| 2023 | $15,260 | $1,838 | $17,098 | $931 |
| 2022 | $15,260 | $1,838 | $17,098 | $936 |
| 2021 | $15,260 | $1,838 | $17,098 | $954 |
| 2020 | $13,986 | $1,684 | $15,670 | $983 |
| 2019 | $13,986 | $1,684 | $15,670 | $977 |
| 2018 | $13,986 | $1,684 | $15,670 | $978 |
| 2017 | $12,499 | $1,425 | $13,924 | $907 |
| 2016 | $12,499 | $1,425 | $13,924 | $895 |
| 2015 | $12,499 | $1,425 | $13,924 | $840 |
| 2014 | $12,499 | $1,425 | $13,924 | $830 |
| 2013 | $12,499 | $1,425 | $13,924 | $823 |
| 2012 | $12,499 | $1,425 | $13,924 | $805 |
| 2011 | $15,155 | $1,610 | $16,765 | $905 |
| 2010 | $15,155 | $1,610 | $16,765 | $902 |
| 2009 | $15,155 | $1,610 | $16,765 | $811 |
| 2008 | $17,010 | $1,820 | $18,830 | $843 |
| 2007 | $17,010 | $1,820 | $18,830 | $839 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,386 sqft
Lot size
1,742 sqft
ZIP code
44035
City
Elyria
Street
East Ave
Coordinates
41.36269, -82.10373
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$359
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 506 East Ave last sell?
506 East Ave most recently sold on Jul 7, 2021 for $59,900.
What is the current tax assessment for 506 East Ave?
The most recent total assessment for 506 East Ave (year 2025) is $25,290 with $1,191 in property tax.
How does 506 East Ave's assessment compare to its last sale price?
The current assessment is 57.8% below the last sale price of $59,900.
When was 506 East Ave built?
506 East Ave was built in 1900.
How does 506 East Ave compare to others on East Ave?
We track 8 other properties on East Ave. Browse the list under "Other properties on East Ave" to compare beds, baths, and sale history.
What are the property facts for 506 East Ave?
506 East Ave is a 2 bed, 1 bath, 1,386 sqft, 1,742 sqft lot single_family.
Is 506 East Ave a flip candidate?
No — 506 East Ave does not appear in our flips dataset.
Is 506 East Ave a tax-appeal candidate?
No — 506 East Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.2%
2026 Q3
$207.7K
2026 Q4
$208.3K
ZIP 44035 — Median Price History + Forecast
Explore nearby
Geography
Other properties on East Ave