Seller's Agent in 2021
Wendy Wisch O'Grady
Berkshire Hathaway HomeServices PenFed Realty - OP
(717) 560-1700
21 Total Sales
316 E Chestnut St Lancaster, PA 17602
Musser Park NeighborhoodEstimated Value: $286,000 - $400,787
Studio
2
Baths
1,516
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- City View
- Traditional Architecture
- Corner Lot
- Open Floorplan
- Wood Flooring
- 2-minute walk to Musser Park
About This Home
As of February 2021Two Unit up-scale & meticulous renovation in 2020. Steps away from Lancaster City's Musser Park, this location is walkable to Lancaster's downtown restaurants, coffee shops, art galleries, boutiques and more. Each apartment has new heat and central air, tankless water heater, new kitchen with granite countertops, new black appliances and all new bathrooms with glass door showers, Washer/dryer in each apartment. Property is currently vacant and will make a wonderful addition to your investment portfolio or for the savvy buyer who would live in one apartment and rent the other. 1st floor apartment includes one bedroom and full basement, rear entrance and off- street parking space 2 bedroom apartment includes 2nd and 3rd floor, with front entrance and 1/2 off-street parking spaces
Last Agent to Sell the Property
(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #5006954 Listed on: 12/18/2020
Last Buyer's Agent
(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster License #RS279560
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,741
Year Built
- Built in 1850 | Remodeled in 2020
Lot Details
- 2,614 Sq Ft Lot
- Corner Lot
- Level Lot
- Property is in excellent condition
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Plaster Walls
- Rubber Roof
- Masonry
Interior Spaces
- 1,516 Sq Ft Home
- Open Floorplan
- Brick Wall or Ceiling
- High Ceiling
- Ceiling Fan
- Replacement Windows
- City Views
- Improved Basement
- Basement Fills Entire Space Under The House
- Fire Escape
- Stacked Washer and Dryer
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Stove
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Parking
- 3 Parking Spaces
- 3 Off-Street Spaces
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Heating System Uses Natural Gas
- Heat Pump System
- 200+ Amp Service
- 100 Amp Service
- Tankless Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 332-68768-0-0000
Community Details
Overview
- No Home Owners Association
- 2 Units
- 3-Story Building
- Musser Park Subdivision
Building Details
- 2 Vacant Units
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2020
Closed on
Jan 28, 2021
Sold by
Jkl Realty Llc
Bought by
316 E Chestnut Holdings Llc
Seller's Agent
Wendy Wisch O'Grady
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
James Dunn
Iron Valley Real Estate of Lancaster
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,947
Avg. Annual Appreciation
1.59%
Purchase Details
Closed on
Dec 22, 2015
Sold by
Shrom Christopher J
Bought by
Jkl Realty Llc
Purchase Details
Closed on
Jun 27, 2013
Sold by
Alexander Alane M
Bought by
Shrom Christopher J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 316 E Chestnut Holdings Llc | $325,000 | Edge Abstract | |
| Jkl Realty Llc | $110,000 | None Available | |
| Shrom Christopher J | $70,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shrom Christopher J | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2021 02/04/21 | Sold | $325,000 | +1.6% | $214 / Sq Ft |
| 12/20/2020 12/20/20 | Pending | -- | -- | -- |
| 12/18/2020 12/18/20 | For Sale | $319,900 | -- | $211 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,872 | $148,400 | $36,800 | $111,600 |
| 2024 | $5,872 | $148,400 | $36,800 | $111,600 |
| 2023 | $5,773 | $148,400 | $36,800 | $111,600 |
| 2022 | $5,533 | $148,400 | $36,800 | $111,600 |
| 2021 | $4,688 | $128,500 | $36,800 | $91,700 |
| 2020 | $4,688 | $128,500 | $36,800 | $91,700 |
| 2019 | $4,618 | $128,500 | $36,800 | $91,700 |
| 2018 | $2,741 | $128,500 | $36,800 | $91,700 |
| 2017 | $3,670 | $79,900 | $21,700 | $58,200 |
| 2016 | $3,636 | $79,900 | $21,700 | $58,200 |
| 2015 | $1,419 | $79,900 | $21,700 | $58,200 |
| 2014 | $3,174 | $79,900 | $21,700 | $58,200 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Wisch O'Grady
-
James Dunn
Buyer's Agent in 2021
James Dunn
Iron Valley Real Estate of Lancaster
(717) 333-5987
1 in this area
80 Total Sales
Map
Source: Bright MLS
MLS Number: PALA174966
APN: 332-68768-0-0000
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