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59 Town Square

59 Town Square, Lima, OH 45801
Commercial in Lima
59 Town Square in Lima, OH was first built in 1867 and is 159 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a property type. There are a total of 100 floors. 59 Town Square has 6,350 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 3,267 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for . Water for the property is sourced from 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 control joints. The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . The property was last sold in Oct 18, 2023 for $200,000. That's $31.50 per sqft. Prior to that sales transaction, the property was also sold in May 13, 2013 for $39,166. 59 Town Square was last assessed in 2022. The total value of the property was assessed at $30,770. Specifically, the land the property is located on was valued at $8,890. While improvements on the property were assessed at a total of $21,880. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $157,898. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210426
04/26/2021
Loft
-
6350 ft²
$369,000
bedrooms
Loft
bathrooms
-
square feet
6350 ft²
-
-
GREGORY STOLLY
CCR REALTORS


Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,267
  • Total Building Area: 6,350
  • Gross Building Area: 6,350
  • Building Area: 6,350
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 6,350
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 3
  • Property Class: C
  • Subdivision: ORIGINAL
  • Land Acres: 0000000075
  • Standard Land Use Code: 2001
  • County Land Use Code: 429
  • State Land Use Code: 429
  • Legal Description 1: ORIGINAL LOT 125 N1/2 FF 025.580

Neighborhood

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

Geography

  • Assessors Map Reference: M38-0180450
  • District: M38
  • Parcel: 37-3107-06-014.000
  • Lot: 125
  • Municipality: LIMA CORPORATION
  • Latitude: 40.7405
  • Longitude: -84.1057

    Address

  • Full Address: 59 Town Sq
  • Address - House Number: 59
  • Address - Street Name: Town
  • Address - Suffix Type: Sq
  • State: OH
  • City Name: Lima
  • Carrier Code: C005
  • 4-Digit Zip Code: 4950
  • Zip Code: 45801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $157,898
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: M38

    Market Valuation

  • Market Total Value: $87,900
  • Market Land Value: $25,400
  • Market Improvement Value: $62,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,770
  • Assessed Land Value: $8,890
  • Assessed Improvements Value: $21,880

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 23, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9301
  • Previous Sale Recording Date: May 28, 2013
  • Previous Sale Contract Date: May 13, 2013
  • Previous Sale Amount: $39,166
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lima



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Frequently Asked Questions

What neighborhood is 59 Town Square located in?
The 59 Town Square is a commercial located in the neighborhood of Lima in Lima, Lima.
What is the average sales price for listings in 59 Town Square?
The average sales price for units in 59 Town Square is $0 currently.