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1 Marion Avenue

1 Marion Avenue, Mansfield, OH 44903
Commercial in Mansfield
1 Units For Sale
Unit for sale at 1 Marion Ave, Mansfield, OH 44903

$695

  • Commercial
  • 480 ft²
1 Marion Ave, Mansfield, OH 44903 Listing by Bradley Willacker

Local assessors in Mansfield, OH have categorized 1 Marion Avenue as a office type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 27,769 square feet. The linear feet between the front and back of the lot was measured at 2,620 ft and the front of the lot was measured at 1,400 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 Marion Avenue has a total of 33,051 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 1 Marion Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Marion Avenue sold most recently in Jun 28, 2019 for a total of $935,000. If you work out the math, that's approximately a cost of $28.29 per sqft. Before that, the property was also sold for $925,000 in Aug 17, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,959 in taxes each year. 1 Marion Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $262,480. If we break it down further, the land itself was valued at $29,160. Improvements to the property, however, were assessed at a total of $233,320. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210719
07/19/2021
Loft
-
800 ft²
$1,500
bedrooms
Loft
bathrooms
-
square feet
800 ft²
-
-
-
Bradley Willacker
Dream Huge Realty
20210107
01/07/2021
Loft
-
800 ft²
$675
bedrooms
Loft
bathrooms
-
square feet
800 ft²
-
-
-
-
20200128
01/28/2020
Loft
-
1000 ft²
$15
bedrooms
Loft
bathrooms
-
square feet
1000 ft²
-
-
-
-
20180904
09/04/2018
Studio
-
1625 ft²
-
bedrooms
Studio
bathrooms
-
square feet
1625 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Business/Commerical Units Count: 49
  • Basement Type: Unspecified basement
  • Basement Area: 11,017
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,769
  • Lot Size Depth Feet: 2,620
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 33,051
  • Gross Building Area: 33,051
  • Building Area: 33,051
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 33,051
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Land Acres: 0.638
  • Standard Land Use Code: Office bldg (multi-story)
  • Legal Description 1: 1899 PT 1900 PT N W COR 140 X 262

Ownership

  • Current Owner : RENOVATE 1ST LLC
  • Previous Owner : STIMENS KURT
  • Previous Owner 2: THE KURT STIMENS REVOCABLE LIV
  • Owner Before Previous Owner: MEGA INVESTMENTS GROUP LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mansfield City School District
  • Census Tract: 000500

Geography

  • Assessors Map Reference: MAP 1121 4
  • District: 3010
  • Parcel: 027-01-104-05-000
  • Municipality: MANSFIELD
  • Latitude: 40.7584
  • Longitude: -82.5237

    Address

  • Full Address: 1 Marion Ave
  • Address - House Number: 1
  • Address - Street Name: Marion
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Mansfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 7920
  • Zip Code: 44903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,959
  • Tax Rate Code Area: 02701

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,736,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Loan Amount: $868,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Dec 27, 2051
  • Second Open Lien Mortgage Lender: FIRST FEDERAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Aug 03, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $868,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Aug 03, 2051

    Market Valuation

  • Market Total Value: $749,920
  • Market Land Value: $83,300
  • Market Improvement Value: $666,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $262,480
  • Assessed Land Value: $29,160
  • Assessed Improvements Value: $233,320

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11631703213
  • Current Sale Price: $935,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 201900007053
  • Previous Sale Recording Date: Aug 17, 2015
  • Previous Sale Contract Date: Aug 17, 2015
  • Previous Sale Amount: $925,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUTTON BANK
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $654,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CIVISTA BANK
  • Previous Mortgage Transaction Date: Aug 17, 2015
  • Previous Mortgage Loan Amount: $740,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Mansfield



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Frequently Asked Questions

What neighborhood is 1 Marion Avenue located in?
The 1 Marion Avenue is a commercial located in the neighborhood of Mansfield in Mansfield, Mansfield.
How many listings are currently for sale in 1 Marion Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1 Marion Avenue?
The average sales price for units in 1 Marion Avenue is $695 , or $1/sqft. currently.

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