NOT LISTED FOR SALE

437 W Chestnut St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $490,000 - $516,000

-- Bed
4 Baths
3,310 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $145,000 $44 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $3,538/month

44 Days on Market

Highlights

  • 0.08 Acre Lot
  • Outdoor Storage
  • Heating Available
  • No HOA

About This Home

As of January 2012

Chestnut Hill duplex built in 1890 features 4 Units - 2 occupied by owner. All utilities seperate w/common area laundry on site. Owner pays Hot Water, Water, Sewer & Trash. O/O units are projected - Unit 3 needs kitchen.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 24x170

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Heating Available
  • 200+ Amp Service
  • Natural Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3353970700000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Chestnut Hill Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $631
  • Fuel Expense $666
  • Insurance Expense $1,788
  • Trash Expense $840
  • Operating Expense $4,770
  • Net Operating Income $15,385

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Chestnut Hill duplex built in 1890 features 4 Units - 2 occupied by owner. All utilities seperate w/common area laundry on site. Owner pays Hot Water, Water, Sewer & Trash. O/O units are projected - Unit 3 needs kitchen.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Street Number Modifier: 437

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Composite, Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 631.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 845.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286

Lot Info

  • Land Use Code: I-220
  • Lot Size Acres: 0.08
  • Lot Dimensions: 24x170
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059024
  • School Tax: 4025.64
  • Tax Annual Amount: 6544.97
  • Assessor Parcel Number: 3353970700000
  • County Tax Payment Frequency: Annually
  • Close Date: 01/17/2012

Multi Family

  • Fuel Expense: 666.00
  • Gross Income: 26700.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 4770.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 1

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jan 13, 2012
Sold by
Selman William L
Bought by
Wcs Properties Llc
List Price
$219,900
Sold Price
$145,000
Premium/Discount to List
-$74,900
-34.06%
Current Estimated Value
$507,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,706
Avg. Annual Appreciation
9.61%
Source: Public Records

Range of Values:

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Average Value
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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
Wcs Properties Llc $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wcs Properties Llc $152,000
Closed Wcs Properties Llc $237,000
Previous Owner Selman William L $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2012 01/17/12 Sold $145,000 -34.1% $44 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $219,900 -- $66 / Sq Ft
Source: Bright 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
2025 $9,520 $240,600 $36,200 $204,400
2024 $9,520 $240,600 $36,200 $204,400
2023 $9,360 $240,600 $36,200 $204,400
2022 $8,971 $240,600 $36,200 $204,400
2021 $8,778 $240,600 $36,200 $204,400
2020 $8,778 $240,600 $36,200 $204,400
2019 $8,647 $240,600 $36,200 $204,400
2018 $5,131 $240,600 $36,200 $204,400
2017 $7,515 $163,600 $26,600 $137,000
2016 $7,446 $163,600 $26,600 $137,000
2015 $2,905 $163,600 $26,600 $137,000
2014 $6,498 $163,600 $26,600 $137,000
Source: Public Records

Map

Source: Bright MLS

MLS Number: 1002723991

Bright MLS

APN: 335-39707-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

437 W Chestnut St, Lancaster, PA

This home is located at 437 W Chestnut St, Lancaster, PA 17603 since 02 November 2011 and is currently estimated at $507,706, approximately $153 per square foot. This property was built in 1890. 437 W Chestnut St is a home located in Lancaster County with nearby schools including Fulton El School, Reynolds Middle School, and McCaskey High School.

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