503 Washington Ave Lorain, OH 44052
Estimated payment $1,707/month
Total Views
55,398
3
Beds
4
Baths
2,488
Sq Ft
$119
Price per Sq Ft
Highlights
- Hot Property
- Colonial Architecture
- High Ceiling
- Open Floorplan
- Private Lot
- No HOA
About This Home
Welcome to this charming property, with a fascinating history dating back to the 1800s, known as the old Porter House. It has been beautifully restored. With its unique zoning for both business and residential use, this is a fantastic opportunity to be part of the revitalization happening in Lorain. Whether you envision a cozy steakhouse, a stylish attorney's office, a retail shop, or a family home, the possibilities are endless.
For a residence, you can have a first-floor master with a walk-in closet and a half bath. Or use this space as an office/retail space with its own entrance.
The living room features stunning 19-foot ceilings, accented with wood details that flow seamlessly through the living room, dining area, and kitchen—truly the heart of this home. The exposed brick chimney adds a delightful touch of character.
The kitchen is a chef’s dream, featuring a spectacular gas-fired Garland commercial range with two ovens, six burners, a 24-inch grill, and a broiler, all topped off with a commercial ventilation hood. Plus, there's a custom stainless steel rack for all your pots and pans! Head upstairs to find the spacious loft which overlooks the living room. There are also two full baths, and the two bedrooms boast two large closets. You'll enjoy relaxing in the enclosed patio off the kitchen, and there’s plenty of yard space, along with a detached two-car garage.
Listing Agent
Howard Hanna Brokerage Email: brianvictorrealtor@gmail.com, 440-728-7535 License #2015004042 Listed on: 09/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,918
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Split Rail Fence
- Vinyl Fence
- Private Lot
- Corner Lot
- Level Lot
- Few Trees
- Back and Front Yard
Parking
- 2 Car Detached Garage
- Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,488 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Range
- Dishwasher
- Laminate Countertops
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- 4 Bathrooms
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
Community Details
- No Home Owners Association
- Black River Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-01-005-109-001
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,918 | $45,399 | $5,268 | $40,131 |
| 2023 | $1,529 | $28,938 | $4,550 | $24,388 |
| 2022 | $1,516 | $28,938 | $4,550 | $24,388 |
| 2021 | $1,516 | $28,938 | $4,550 | $24,388 |
| 2020 | $1,543 | $25,580 | $4,020 | $21,560 |
| 2019 | $1,534 | $25,580 | $4,020 | $21,560 |
| 2018 | $1,535 | $25,580 | $4,020 | $21,560 |
| 2017 | $1,593 | $25,040 | $4,530 | $20,510 |
| 2016 | $1,002 | $25,040 | $4,530 | $20,510 |
| 2015 | $945 | $25,040 | $4,530 | $20,510 |
| 2014 | $835 | $23,180 | $4,190 | $18,990 |
| 2013 | $829 | $23,180 | $4,190 | $18,990 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Price Changed | $295,000 | -10.6% | $119 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $329,900 | -- | $133 / Sq Ft |
Source: MLS Now (Howard Hanna)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
About the Listing Agent
Brian believes it's best to keep a personal touch with the buyers and sellers. He is a professional, personable, and experienced full-time REALTOR® who is well qualified to serve all of your real estate needs. He specializes in Residential and Commercial properties throughout Northeast Ohio. Brian has consistently been a Multi-Million-Dollar producer, attaining numerous awards and recognition from our colleagues. His experience, attention to detail, and follow-through have helped him establish
Brian's Other Listings
Source: MLS Now (Howard Hanna)
MLS Number: 5155670
APN: 02-01-005-109-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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