NOT LISTED FOR SALE

553 E Chestnut St Lancaster, OH 43130

Estimated Value: $138,745 - $221,000

3 Beds
1 Bath
988 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $43,500 $44 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,084/month

11 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

As of November 2019

Great opportunity to buy this 1.5 story home located in Lancaster, OH and sitting on a .14 acre lot (40x155). The interior
has 988 sq. ft. with 3 bedrooms and 1 bathroom and a partial basement.

Last Agent to Sell the Property

Aaron Brailer

RealHome Services andSolutions License #2012001042 Listed on: 10/11/2019

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $715

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 988 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-35126-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$715

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.14
  • Co List Office Phone: 770-612-7357
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Unit Levels: Two
  • New Construction: No
  • Location Property Info List PriceSqFt: 38.97
  • Remarks Misc Hot Sheet Comments: new
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Foundation:Poured: Yes
  • Exterior Vinyl Siding: Yes
  • Levels Two2: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Upstairs Bedrooms: 2
  • Upstairs 1 Full Bathrooms: 1
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • General Property Info Baths FH: 1.0
  • Basement Description:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Poured

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features On Street: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35126-200
  • Lot Size Sq Ft: 6098.4

Tax Info

  • Tax Annual Amount: 715.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 13, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Mccafferty Three Inc
Seller's Agent
Aaron Brailer
RealHome Services andSolutions
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$38,500
Sold Price
$43,500
Premium/Discount to List
$5,000
12.99%
Current Estimated Value
$171,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,748
Avg. Annual Appreciation
25.23%

Purchase Details

Closed on
May 30, 2019
Sold by
Ballein Kevin E and Ballein Angela E
Bought by
Deutsche Bank National Trust Company and Novastar Mortgage Funding Trust

Purchase Details

Closed on
Dec 15, 2006
Sold by
Ballein Victor L and Ballein Deborah L
Bought by
Ballein Kevin E and Ballein Angela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
10.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 1993
Sold by
Geiger Clyde R
Bought by
Ballein Victor L
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
Mccafferty Three Inc $43,500 None Available
Deutsche Bank National Trust Company $42,000 None Available
Ballein Kevin E -- Elite Land Title
Ballein Victor L $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballein Kevin E $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $43,500 +13.0% $44 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $38,500 -- $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 $2,241 $24,930 $6,330 $18,600
2023 $926 $24,930 $6,330 $18,600
2022 $932 $24,930 $6,330 $18,600
2021 $841 $21,090 $6,330 $14,760
2020 $807 $21,090 $6,330 $14,760
2019 $768 $21,090 $6,330 $14,760
2018 $715 $18,640 $6,330 $12,310
2017 $715 $18,640 $6,330 $12,310
2016 $697 $18,640 $6,330 $12,310
2015 $697 $18,090 $6,330 $11,760
2014 $665 $18,090 $6,330 $11,760
2013 $665 $18,090 $6,330 $11,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219038658

Columbus and Central Ohio Regional MLS

APN: 05-35126-200