NOT LISTED FOR SALE

554 E Chestnut St Lancaster, OH 43130

Estimated Value: $238,675 - $292,000

4 Beds
3 Baths
2,110 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $42,000 $20 Per Sq Ft

Est. 535% increase in value since last sale

Current estimated payment $1,795/month

109 Days on Market

About This Home

As of May 2016

Priced to sell! This double has income of $900/mo with potential for more. Each side has 2BR, large eat-in kitchen w/ pantry, LR & washer/dryer hook-ups in enclosed back porch. 556 has additional half bath. Detached garage, extra storage building and off street parking with alley access. All utilities are separate and paid by tenants.

Last Agent to Sell the Property

Beverly Bonham

Better Homes & Gardens BigHill Listed on: 01/22/2016

Better Homes & Gardens BigHill

Last Buyer's Agent

Carol Sauer

Better Homes & Gardens BigHill

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 2,110 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 2 Car Detached Garage
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-35020-800

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1906
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Co List Office Phone: 740-689-9090
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 23.65
  • Remarks Misc Hot Sheet Comments: price
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2110.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • 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

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer 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: 05-35020-800
  • Lot Size Sq Ft: 6534.0
  • Additional Parcels: No
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1145.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2017
Sold by
Carpenter Rodney and Carpenter Rachel
Bought by
Miller James and Miller Melissa
Current Estimated Value
$266,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,274
Outstanding Balance
$117,673
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$148,996

Purchase Details

Listed on
Jan 22, 2016
Closed on
May 5, 2016
Sold by
Forquer R Dennis and Forquer Barbara L
Bought by
Carpenter Rodney and Carpenter Rachel
Seller's Agent
Beverly Bonham
Better Homes & Gardens BigHill
Buyer's Agent
Carol Sauer
Better Homes & Gardens BigHill
List Price
$54,900
Sold Price
$42,000
Premium/Discount to List
-$12,900
-23.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Closed on
Mar 1, 1987
Bought by
Forquer R Dennis
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
Miller James $144,900 None Available
Carpenter Rodney $42,000 Northwest Title Family Of Co
Forquer R Dennis $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller James $142,274
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $42,000 -23.5% $20 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $54,900 -- $26 / 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 $4,779 $53,160 $6,380 $46,780
2023 $1,934 $53,160 $6,380 $46,780
2022 $1,941 $53,160 $6,380 $46,780
2021 $1,698 $43,570 $6,380 $37,190
2020 $1,627 $43,570 $6,380 $37,190
2019 $1,547 $43,570 $6,380 $37,190
2018 $1,245 $33,480 $6,380 $27,100
2017 $1,238 $32,270 $6,380 $25,890
2016 $1,207 $32,270 $6,380 $25,890
2015 $1,201 $31,160 $6,380 $24,780
2014 $1,145 $31,160 $6,380 $24,780
2013 $1,145 $31,160 $6,380 $24,780
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beverly Bonham

    Better Homes & Gardens BigHill

    Section Image

  • C

    Buyer's Agent in 2016

    Carol Sauer

    Better Homes & Gardens BigHill

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216000210

Columbus and Central Ohio Regional MLS

APN: 05-35020-800

Ohio Fairfield County Lancaster 43130

554 E Chestnut St, Lancaster, OH

Not Listed for Sale

MultiFamily

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