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651 Park Avenue

651 Park Avenue, King Of Prussia, PA 19406
Property in Upper Merion
651 Park Avenue in King Of Prussia, PA was first built in 1970 and is 54 years old. This has been categorized as a office property type. 651 Park Avenue has 20,855 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 90,605 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jan 27, 2017 for $2,500,000. That's $119.88 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 2012 for $2,200,000. 651 Park Avenue was last assessed in 2024. The total value of the property was assessed at $1,207,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $37,197. 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. 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.

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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 90,605
  • Lot Size Frontage Feet: 5,620
  • Total Building Area: 20,855
  • Gross Building Area: 20,855
  • Building Area: 20,855
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 20,855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Subdivision: KING/PRUSSIA PARK TRUST
  • Land Acres: 2.08
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 27-13

Ownership

  • Current Owner : JOLLY LLC
  • Previous Owner : MINTZ MANAGEMENT LLC
  • Owner Before Previous Owner: RITTER RICHARD P
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Upper Merion Area School District
  • School Tax School District: UPR MERION AREA
  • Census Tract: 205810

Zoning

  • Zoning: SM

Geography

  • Assessors Map Reference: 58-027
  • District: 58
  • Parcel: 58-00-14386-00-1
  • Block: 27
  • Lot: 13
  • Municipality: UPPER MERION TOWNSHIP
  • Latitude: 40.0942
  • Longitude: -75.4071

    Address

  • Full Address: 651 Park Ave
  • Address - House Number: 651
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: King Of Prussia
  • Carrier Code: C021
  • 4-Digit Zip Code: 1408
  • Zip Code: 19406

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $37,197
  • Tax Rate Code Area: 58

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,506,000
  • First Open Lien Mortgage Lender: BENEFICIAL BANK
  • First Open Lien Mortgage Recording Date: Feb 06, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,506,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,207,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,207,000

    Sales

  • Current Sale Contract Date: Jan 27, 2017
  • Current Sale Recording Date: Feb 06, 2017
  • Current Sale Transaction ID: 1971836934
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017009834
  • Previous Sale Recording Date: Dec 04, 2012
  • Previous Sale Contract Date: Oct 24, 2012
  • Previous Sale Amount: $2,200,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: BENEFICIAL BANK
  • First Mortgage Transaction Date: Feb 06, 2017
  • First Mortgage Loan Amount: $2,506,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 04, 2012
  • Previous Mortgage Loan Amount: $1,980,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About King of Prussia



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Frequently Asked Questions

What neighborhood is 651 Park Avenue located in?
The 651 Park Avenue is a located in the neighborhood of Upper Merion in King of Prussia, King Of Prussia.
What is the average sales price for listings in 651 Park Avenue?
The average sales price for units in 651 Park Avenue is $0 currently.

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