NOT LISTED FOR SALE

576 E Chestnut St Coatesville, PA 19320

Estimated Value: $161,450 - $211,000

Studio
1 Bath
3,316 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2014

Last sale price $223,000 $67 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,266 / mo

31 Days on Market

Highlights

  • No HOA
  • Tile or Brick Flooring
  • Baseboard Heating
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of February 2014

Renovated 3 unit building with an additional 2 income producing garages and an income producing laundry. Apartment 1 is on the main level with 2 bedrooms/1 bath, tiled floor, newer gas heater, central air and a new one year lease beginning in February 2014 for $895/mo and a garage for an additional $100/mo. Apartment 2 is on the 2nd level with 2 bedrooms/1 bath, tiled floor, electric baseboard heat and a new one year lease beginning in January 2014 for $850/mo. Apartment 3 is a two level unit with 4 bedrooms/1.5 baths, oil heat and electric baseboard heat and a new 2 year lease beginning in December 2013 for $1100/mo. Apartment 1 is renting one garage for $100/mo and the other garage is rented by an outside individual for $75/mo. There is a coin operated laundry in the basement that generates an income between $125/mo and $175/mo. Newer hot water heaters for all 3 apartments, newer doors, newer sidewalks and newer roof on the garage. Many other renovations inside and out. All tenants are responsible for their own utilities. Owner pays water.

Last Agent to Sell the Property

Jeff Huss

(215) 909-7355 office@hsnrg.com HomeSmart Nexus Realty Group - Blue Bell Listed on: 01/09/2014

HomeSmart Nexus Realty Group - Blue Bell

Last Buyer's Agent

Jocelyn Roncase

(610) 489-2100 jocelyn@lnf.com Long & Foster Real Estate, Inc. License #RS229295

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1901

Lot Details

  • 3,795 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • 3,316 Sq Ft Home
  • Triplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Unfinished Basement

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

Schools

  • Coatesville Area Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0186 AND 0187
  • Assessor Parcel Number 16-06 -0186 AND 16-06-0187

Community Details

Overview

  • No Home Owners Association
  • Carriage Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Income includes laundry
  • Insurance Expense $602
  • Maintenance Expense $500
  • Other Expense $500
  • Operating Expense $7,818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

Year Built

Built in 1901

Lot Details

3,795 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All Items With The Exception Of Tenants' Personal Property
  • New Construction: No
  • Other Expense: 500.00
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 3316
  • Living Area Sq Ft: 3316
  • Price Per Sq Ft: 69.33
  • Above Grade Finished Sq Ft: 3316
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil, Natural Gas, Electric
  • Heating Type: Oil, Gas, Electric, Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: COATESVILLE AREA SENIOR

Lot Info

  • Improvement Assessed Value: 39780.00
  • Land Assessed Value: 10240.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3795.00
  • Property Condition: Good
  • Zoning: RN4

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 38040.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 244106
  • Tax Annual Amount: 2414.00
  • Assessor Parcel Number: 16-06 -0186 AND 16-06-0187
  • Tax Lot: 0186 AND 0187
  • Tax Year: 2014

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 27, 2014
Sold by
Salomone Attilio and Salomone Colleen L
Bought by
Vilardi Antonino J and Vilardi Maria
Seller's Agent
Jeff Huss
HomeSmart Nexus Realty Group - Blue Bell
Buyer's Agent
Jocelyn Roncase
Long & Foster Real Estate, Inc.
List Price
$229,900
Sold Price
$223,000
Premium/Discount to List
-$6,900
-3%
Current Estimated Value
$189,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,137
Avg. Annual Appreciation
-1.32%

Purchase Details

Closed on
Jan 21, 2011
Sold by
Aurora Loan Services Llc
Bought by
Salomone Attilio and Salomone Colleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Boyer Randal A and Boyer Chantal A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 31, 2006
Sold by
Wolf Wesley G and Timberlake Steven J
Bought by
Boyer Randal A and Boyer Chantal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,580
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2006
Sold by
Kelsch Daryl and Kelsch Thomas
Bought by
Wolf Wesley G and Timberlake Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.16%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 1999
Sold by
Chester County Assn For Retarded Citizen
Bought by
Kelsch Thomas and Kelsch Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,375
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vilardi Antonino J $223,000 None Available
Salomone Attilio $123,000 North American Title Agency
Aurora Loan Services Llc -- None Available
Boyer Randal A $286,200 None Available
Wolf Wesley G $153,000 Commonwealth Title
Kelsch Thomas $128,500 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salomone Attilio $92,250
Previous Owner Boyer Randal A $257,580
Previous Owner Wolf Wesley G $122,400
Previous Owner Kelsch Thomas $96,375
Closed Kelsch Thomas $96,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $223,000 -3.0% $67 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $229,900 -- $69 / Sq Ft
Source: Bright MLS

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 $2,923 $48,620 $10,660 $37,960
2024 $2,923 $48,620 $10,660 $37,960
2023 $2,894 $48,620 $10,660 $37,960
2022 $2,820 $48,620 $10,660 $37,960
2021 $2,748 $48,620 $10,660 $37,960
2020 $2,739 $48,620 $10,660 $37,960
2019 $2,668 $48,620 $10,660 $37,960
2018 $2,579 $48,620 $10,660 $37,960
2017 $2,508 $48,620 $10,660 $37,960
2016 $2,060 $48,620 $10,660 $37,960
2015 $2,060 $48,620 $10,660 $37,960
2014 $2,060 $48,620 $10,660 $37,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002779400

Bright MLS

APN: 16-006-0187.0000

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