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311 East Market Street

311 East Market Street, Lima, OH 45801
Commercial in Lima
1 Units For Sale
Unit for sale at 311 E Market Street, Lima, OH 45801

$1,800,000 ↓ $400K

  • Commercial
311 E Market Street, Lima, OH 45801 Listing by Gregory Stolly

311 East Market Street in Lima, OH was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a unknown property type. It is a single story home. 311 East Market Street has 43,644 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 75,315 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for unknown. Water for the property is sourced from unknown system. The property is connected to a storm 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 in this manner. 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 unknown control joints. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with unknown. As for heating, the home is utilizing unknown and being fueled with unknown. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 311 East Market Street was last sold in Jun 15, 2012 for $715,000. According to our calculations, that's $16.38 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Oct 18, 1996. Current property owners are expected to pay $11,359 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 311 East Market Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $190,370. To break that down further, the land itself was valued at $44,800. While improvements to the property were assessed at a total of $145,570. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Brick Exterior
Brick Venner Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210716
07/16/2021
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
GREGORY STOLLY
CCR REALTORS
20190802
08/02/2019
Loft
-
43644 ft²
$1,900,000
bedrooms
Loft
bathrooms
-
square feet
43644 ft²
-
-
-
-
20141010
10/10/2014
Studio
-
43644 ft²
-
bedrooms
Studio
bathrooms
-
square feet
43644 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Business/Commerical Units Count: 38
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 75,315
  • Total Building Area: 43,644
  • Gross Building Area: 43,644
  • Building Area: 43,644
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 43,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: LIMA
  • Land Acres: 1.729
  • Legal Description 1: PT OL 3 PT OL 4

Ownership

  • Current Owner : DNN HOLDINGS LLC
  • Previous Owner : JAL REAL PROEPRITES LTD
  • Owner Before Previous Owner: B F KOHLIU INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lima City School District
  • Census Tract: 014100

Geography

  • Assessors Map Reference: M38-1602050
  • District: M38
  • Parcel: 37-3107-03-002.000
  • Lot: 3
  • Municipality: LIMA CORPORATION
  • Latitude: 40.7405
  • Longitude: -84.1016

    Address

  • Full Address: 311 E Market St
  • Address - House Number: 311
  • Street Direction: E
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lima
  • Carrier Code: C005
  • 4-Digit Zip Code: 4535
  • Zip Code: 45801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,359
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: M38

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $455,555
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF BASTROP
  • First Open Lien Mortgage Recording Date: Aug 11, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $455,555
  • First Open Lien Mortgage Term: 117
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2032

    Market Valuation

  • Market Total Value: $543,900
  • Market Land Value: $128,000
  • Market Improvement Value: $415,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $190,370
  • Assessed Land Value: $44,800
  • Assessed Improvements Value: $145,570

    Sales

  • Current Sale Contract Date: Jun 15, 2012
  • Current Sale Recording Date: Jun 18, 2012
  • Current Sale Transaction ID: 1070414529
  • Current Sale Price: $715,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 201206180008101
  • Previous Sale Recording Date: Oct 18, 1996
  • Previous Sale Contract Date: Oct 18, 1996
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST NATIONAL BANK OF PAN
  • First Mortgage Transaction Date: Jun 18, 2012
  • First Mortgage Loan Amount: $911,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jun 15, 2027

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: BANK ONE
  • Previous Mortgage Transaction Date: Oct 18, 1996
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $230,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

About Lima



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 311 East Market Street located in?
The 311 East Market Street is a commercial located in the neighborhood of Lima in Lima, Lima.
How many listings are currently for sale in 311 East Market Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 311 East Market Street?
The average sales price for units in 311 East Market Street is $1,800,000 currently.

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