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120 Park Place

120 Park Place, Manchester, TN 37355
Property in Coffee
120 Park Place in Manchester, TN was first built in 1979 and is 45 years old. This has been categorized as a industrial property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 120 Park Place has 40,055 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 403,366 square feet.

Learn more about the property and building on this page. The home has a steel frame or truss style roof made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. While the interior walls are made of unfinished materials. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 120 Park Place sold most recently in May 7, 2018 for a total of $525,000. If you work out the math, that's approximately a cost of $13.11 per sqft. Before that, the property was also sold for $125,000 in Jan 1, 1970. 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 $10,936 in taxes each year. 120 Park Place was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $259,400. If we break it down further, the land itself was valued at $134,440. Improvements to the property, however, were assessed at a total of $124,960. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Metal
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 403,366
  • Total Building Area: 40,055
  • Gross Building Area: 40,055
  • Building Area: 40,055
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 40,055
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Subdivision: JIMMIE WALKER
  • Land Acres: 9.26
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: JIMMIE WALKER PB: T59 PG: 146 LOT: 1& LOTS 21-40 OF BLOCK A AND LOTS 15-18 OF BLOCK E

Ownership

  • Current Owner : REDDY CHANDRASEKHAR C
  • Current Owner 2: REDDY PRANAHITHA C
  • Previous Owner : RELIABLE TOOL & MACHINE CO
  • Owner Before Previous Owner: RIDDLE JAMES D
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 04, 2024

Neighborhood

  • School District Name: Manchester City School District
  • School Tax School District: 16458
  • Census Tract: 970600

Zoning

  • Zoning: I1

Geography

  • Assessors Map Reference: 067I
  • District: 01
  • Parcel: 067I-B-024.00
  • Block: A,E
  • Lot: 1
  • Municipality: MANCHESTER
  • Latitude: 35.4954
  • Longitude: -86.0854

    Address

  • Full Address: 120 Park Pl
  • Address - House Number: 120
  • Address - Street Name: Park
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Manchester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1576
  • Zip Code: 37355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,936
  • Tax Rate Code Area: 16C01

    Market Valuation

  • Market Total Value: $648,500
  • Market Land Value: $336,100
  • Market Improvement Value: $312,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $259,400
  • Assessed Land Value: $134,440
  • Assessed Improvements Value: $124,960

    Sales

  • Current Sale Contract Date: May 07, 2018
  • Current Sale Recording Date: May 11, 2018
  • Current Sale Transaction ID: 11466767017
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18003281
  • Previous Sale Recording Date: Dec 21, 2000
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HERITAGE BANK USA INC
  • First Mortgage Transaction Date: May 11, 2018
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 10, 2023

About Manchester



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 120 Park Place located in?
The 120 Park Place is a located in the neighborhood of Coffee in Manchester, Manchester.
What is the average sales price for listings in 120 Park Place?
The average sales price for units in 120 Park Place is $0 currently.

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