NOT LISTED FOR SALE

403 E Chestnut St Lancaster, OH 43130

Estimated Value: $251,000 - $319,587

4 Beds
3 Baths
2,974 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $111,000 $37 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,928/month

24 Days on Market

About This Home

As of August 2016

Great Investment Opportunity ! 3 Unit, well maintained in great location, steps away from St. Mary's! 2 One bedroom Units on 1st level, Large 2 bedroom apartment on 2nd level. All units are rented. Owner utilizes program HUD-VASH, a program to assist veterans in finding safe & affordable housing. Leases are minimum of one year. Organization pays large portion of the tenants rent directly to owner. For more info, call listing realtor. washer/dryer hookups, tenant pays all utilities, vinyl siding, hardwood floors, gas hot water tanks, freshly painted inside! 3 parking spots and on-street parking available. Unit 134 1/2 Tentant St. rents for 425.00. currently month to month. Unit 134 Tentant St rents for 469 lease until 4/22/2017 & Unit 403 Chestnut rents for 550 lease through Dec 2016.

Last Agent to Sell the Property

Barbara Russell

RE/MAX ONE Listed on: 06/05/2016

Last Buyer's Agent

Benjamin Goodman

The Brokerage House License #2015003701

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 2,974 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05-35080-800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,475

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2015
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Co List Office Phone: 614-694-0255
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 38.97
  • Remarks Misc Hot Sheet Comments: new
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2974.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35080-800
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Schubert Janet
Bought by
Schubert Ronald
Current Estimated Value
$277,147

Purchase Details

Listed on
Jun 5, 2016
Closed on
Aug 4, 2016
Sold by
Prestifilippo Mark T and Prestifilippo Mark J
Bought by
Schubert Ronald and Schubert Janet
Seller's Agent
Barbara Russell
RE/MAX ONE
Buyer's Agent
Benjamin Goodman
The Brokerage House
List Price
$115,900
Sold Price
$111,000
Premium/Discount to List
-$4,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$83,250
Outstanding Balance
$37,980
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$239,167

Purchase Details

Closed on
Nov 9, 2005
Sold by
Prestifilippo Michael T and Prestifilippo Mark J
Bought by
Prestifilippo Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2002
Sold by
Welsheimer Nancy D
Bought by
Prestiflippo Michael and Prestiflippo Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,920
Interest Rate
7.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1991
Sold by
Welsheimer Helen M
Bought by
Welsheimer Nancy Dodds
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schubert Ronald -- None Available
Schubert Ronald $111,000 Valmer Land Title Agency Box
Prestifilippo Mark J -- Access Title Agency Inc
Prestiflippo Michael $126,000 --
Welsheimer Nancy Dodds -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schubert Ronald $83,250
Closed Prestifilippo Mark J $116,000
Closed Prestiflippo Michael $99,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2016 08/16/16 Sold $111,000 -4.2% $37 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $115,900 -- $39 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $5,759 $64,060 $6,580 $57,480
2023 $2,380 $64,060 $6,580 $57,480
2022 $2,394 $64,060 $6,580 $57,480
2021 $2,082 $52,200 $6,580 $45,620
2020 $2,093 $52,200 $6,580 $45,620
2019 $1,901 $52,200 $6,580 $45,620
2018 $1,522 $39,800 $6,580 $33,220
2017 $1,523 $39,690 $6,580 $33,110
2016 $1,484 $39,690 $6,580 $33,110
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Barbara Russell

    RE/MAX ONE

  • Benjamin Goodman

    Buyer's Agent in 2016

    Benjamin Goodman

    The Brokerage House

    (614) 537-4867

    168 Total Sales

    Benjamin Goodman
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216019760

Columbus and Central Ohio Regional MLS

APN: 05-35080-800

Ohio Fairfield County Lancaster 43130

403 E Chestnut St, Lancaster, OH

Not Listed for Sale

MultiFamily

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