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640 Park Avenue West

640 Park Avenue West, Mansfield, OH 44906
Commercial in Mansfield
1 Units For Sale
Unit for sale at 640 Park Ave. West, Mansfield, OH 44906

$199,700

  • Commercial
  • 1,792 ft²
640 Park Ave. West, Mansfield, OH 44906 Listing by Michael Seveigny

640 Park Avenue West has been categorized by the local assessors in Mansfield, OH as a office type of property. The building on the property was first built in 1976 and is 48 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 640 Park Avenue West has 1,792 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,290 ft and across the front of the lot is 510 ft. The area measurement of the land has been determined as 11,678 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 640 Park Avenue West was last sold in Mar 21, 2024 for $199,700. According to our calculations, that's $111.44 per sqft. Prior to that sales transaction, the property was sold for $137,500 in Dec 11, 2020. Current property owners are expected to pay $2,416 in taxes per year. The property on 640 Park Avenue West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,060. To break that down further, the land itself was valued at $6,590. While improvements to the property were assessed at a total of $23,470. 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. 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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200309
03/09/2020
Loft
-
1792 ft²
$156,900
bedrooms
Loft
bathrooms
-
square feet
1792 ft²
$137,500 -12.36%
12/14/2020
-
Sandra Thompson

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,678
  • Lot Size Depth Feet: 2,290
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Land Acres: 0.268
  • Standard Land Use Code: Office bldg (multi-story)
  • Legal Description 1: 4318 50.5 X 229

Ownership

  • Current Owner : PARAMOUNT 32 LLC
  • Previous Owner : J A D LLC
  • Owner Before Previous Owner: PETERSON RAYMOND E
  • Owner Before Previous Owner 2: PETERSON JUDITH K
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mansfield City School District
  • Census Tract: 000600

Geography

  • Assessors Map Reference: MAP 1120 3
  • District: 3010
  • Parcel: 027-03-054-03-000
  • Municipality: MANSFIELD
  • Latitude: 40.7592
  • Longitude: -82.5389

    Address

  • Full Address: 640 Park Ave W
  • Address - House Number: 640
  • Street Segment Direction: W
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Mansfield
  • Carrier Code: C058
  • 4-Digit Zip Code: 3702
  • Zip Code: 44906

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,416
  • Tax Rate Code Area: 02703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,760
  • First Open Lien Mortgage Lender: SUTTON BANK
  • First Open Lien Mortgage Recording Date: Mar 22, 2024
  • First Open Lien Mortgage Loan Amount: $159,760
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 20, 2044

    Market Valuation

  • Market Total Value: $85,880
  • Market Land Value: $18,830
  • Market Improvement Value: $67,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,060
  • Assessed Land Value: $6,590
  • Assessed Improvements Value: $23,470

    Sales

  • Current Sale Contract Date: Mar 21, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Transaction ID: 11923113161
  • Current Sale Price: $199,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2681
  • Previous Sale Recording Date: Dec 14, 2020
  • Previous Sale Contract Date: Dec 11, 2020
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUTTON BANK
  • First Mortgage Transaction Date: Mar 22, 2024
  • First Mortgage Loan Amount: $159,760
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Mar 20, 2044

    Previous Mortgages

  • Previous Mortgage Lender: MECHANICS BANK
  • Previous Mortgage Transaction Date: Dec 14, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 11, 2040

About Mansfield



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Frequently Asked Questions

What neighborhood is 640 Park Avenue West located in?
The 640 Park Avenue West is a commercial located in the neighborhood of Mansfield in Mansfield, Mansfield.
How many listings are currently for sale in 640 Park Avenue West?
There is a listing currently on the market for sale.
What is the average sales price for listings in 640 Park Avenue West?
The average sales price for units in 640 Park Avenue West is $149,500 , or $83/sqft. currently.

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