NOT LISTED FOR SALE

540 E Chestnut St Lancaster, OH 43130

Estimated Value: $154,240 - $234,000

3 Beds
1 Bath
2,453 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $82,000 $33 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,237/month

366 Days on Market

About This Home

As of December 2019

3 BR/Full Basement Duplex available for currently previously rented below market at $650/mo - needs some updating and work but can be a great cash flow property for a portfolio or place to live on one side and rent the other.

Last Agent to Sell the Property

Jaysen Barlow

Sell For One Percent License #2005016616 Listed on: 11/09/2019

Last Buyer's Agent

Amanda Herman

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 2,453 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-35021-000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,087

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 15600.0
  • Co List Office Phone: 614-451-4433
  • MLS Status: Closed
  • Subdivision Name: 5TH W ORIG/HUNTER/EWING/CARPEN
  • Location Property Info List PriceSqFt: 38.52
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 15600.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2453.0
  • 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
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

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

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35021-000
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15600.0

Tax Info

  • Tax Annual Amount: 1087.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Lee Moyer Jamie and Lee Jessica L
Bought by
Moyer Family Trust
Current Estimated Value
$179,560

Purchase Details

Listed on
Nov 9, 2019
Closed on
Dec 6, 2019
Sold by
Gratz Thomas S and The Gratz Family Trust
Bought by
Moyer Jamie
Seller's Agent
Jaysen Barlow
Sell For One Percent
Buyer's Agent
Amanda Herman
Red 1 Realty
List Price
$94,500
Sold Price
$82,000
Premium/Discount to List
-$12,500
-13.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%
Original Mortgage
$69,700
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2004
Sold by
Gratz Thomas S and Gratz Janice I
Bought by
Gratz Thomas S and Gratz Janice I

Purchase Details

Closed on
Mar 1, 1990
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
Moyer Family Trust -- Zellar & Zellar Attorneys At L
Moyer Jamie $82,000 None Available
Gratz Thomas S -- --
-- $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moyer Jamie $69,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $82,000 -13.2% $33 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $94,500 0.0% $39 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $94,500 -5.3% $39 / Sq Ft
02/25/2019 02/25/19 For Sale $99,800 +21.7% $41 / Sq Ft
02/06/2019 02/06/19 Off Market $82,000 -- --
11/08/2018 11/08/18 For Sale $99,800 -- $41 / 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 $3,553 $39,520 $6,380 $33,140
2023 $1,468 $39,520 $6,380 $33,140
2022 $1,477 $39,520 $6,380 $33,140
2021 $1,303 $32,680 $6,380 $26,300
2020 $752 $32,680 $6,380 $26,300
2019 $1,190 $32,680 $6,380 $26,300
2018 $1,330 $28,570 $6,380 $22,190
2017 $1,087 $28,330 $6,380 $21,950
2016 $1,060 $28,330 $6,380 $21,950
2015 $1,053 $27,320 $6,380 $20,940
2014 $1,004 $27,320 $6,380 $20,940
2013 $1,004 $27,320 $6,380 $20,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218041670

Columbus and Central Ohio Regional MLS

APN: 05-35021-000