NOT LISTED FOR SALE

414 E Chestnut St Lancaster, OH 43130

Lancaster Area
6 Beds
6 Baths
-- Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: December 19, 2012

Last sale price $317,500

56 Days on Market

About This Home

As of December 2012

8 UNITS OCCUPIED, 3 UNITS NEED SOME WORK, 11 UNITS METERED SEPARATELY, UNIT 3 UTILTY PAID BY OWNER RENT IS $525, 1ST FLOOR UNITS RENT FOR $450 MONTH, 2ND FLOOR RENTS ARE $400, OWNER UTILITY COSTS WOULD REDUCE WHEN ALL UNITS RENTED, #4 ON METRO, 8-9-10-11 ARE VACANT, PARTIAL BASEMENT COULD BE SHARED LAUNDRY, A/C ARE WALL UNITS

Last Agent to Sell the Property

Donn Borah

BARTLETT BENNER REALTY License #405609 Listed on: 09/18/2012

Last Buyer's Agent

Donna Storts

HER, Realtors

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1966

Lot Details

  • 10,019

Home Design

  • Brick Exterior Construction

Parking

  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Radiant Heating System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 053-50813.00

Community Details

Overview

  • 12 Units
  • Mid-Rise Community

Building Details

  • Insurance Expense $2,347
  • Maintenance Expense $250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,010

Year Built

Built in 1966

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1966
  • Property Sub-Type: Midrise
  • Professional Management Expense: 500.0
  • Co List Office Phone: 740-654-1500
  • MLS Status: Closed
  • General Property Info # of Buildings: 1.0
  • Heat Fuel Electric4: Yes
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Parking Features On Street2: Yes
  • Parking Features Common: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 053-50813.00
  • Zoning Description: RS-4

Multi Family

  • Number Of Units Total: 12
  • Insurance Expense: 2347.0
  • Maintenance Expense: 250.0

Tax Info

  • Tax Annual Amount: 3009.78

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Feb 12, 2013
Sold by
Belmont Joe and Belmont Karla P
Bought by
Seller's Agent
Donn Borah
BARTLETT BENNER REALTY
Buyer's Agent
Donna Storts
HER, Realtors
List Price
$399,000
Sold Price
$317,500
Premium/Discount to List
-$81,500
-20.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.28%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2012
Closed on
Dec 18, 2012
Sold by
Rowalnds Mark and James Lesar Revocable Trust
Bought by
Belmont Joe and Belmont Karla P
Seller's Agent
Donn Borah
BARTLETT BENNER REALTY
Buyer's Agent
Donna Storts
HER, Realtors
List Price
$399,000
Sold Price
$317,500
Premium/Discount to List
-$81,500
-20.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2011
Sold by
James Lesar Properties Llc
Bought by
Lesar John W and James F Lesar Revocable Trust

Purchase Details

Closed on
Jun 8, 2006
Sold by
Lesar Properties Llc
Bought by
James Lesar Properties Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Belmont Joe $317,500 None Available
Lesar John W -- Attorney
James Lesar Properties Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $238,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $317,500 -20.4% --
11/19/2012 11/19/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $399,000 -- --
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,816 $28,731 $3,000 $25,731
2024 $1,665 $28,731 $3,000 $25,731
2023 $1,665 $28,731 $3,000 $25,731
2022 $1,589 $28,731 $3,000 $25,731
2021 $1,514 $22,660 $3,600 $19,060
2020 $1,139 $22,660 $3,600 $19,060
2019 $1,139 $22,660 $3,600 $19,060
2018 $1,164 $22,660 $3,600 $19,060
2017 $1,164 $22,660 $3,600 $19,060
2016 $1,303 $30,190 $2,700 $27,490
2015 $1,587 $23,750 $2,700 $21,050
2014 $1,587 $21,770 $2,700 $19,070
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212031487

Columbus and Central Ohio Regional MLS
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