NOT LISTED FOR SALE

613 W Chestnut St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $317,000 - $346,000

-- Bed
2 Baths
2,038 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $275,250 $135 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,204/month

5 Days on Market

About This Home

As of August 2022

Fantastic 2 Unit investment opportunity in highly desirable Chestnut Hill on the west end of Lancaster City. 1st Unit on first floor is a nice 1 bedroom with laundry occupied at $950 monthly.
2nd Unit occupies middle and top floors of building and is a 3 bedroom with large living room and is currently vacant. Needs some renovating and has a potential rent of at least $1500.

Last Agent to Sell the Property

Matt Ziegler

Howard Hanna Real Estate Services - Lancaster License #RS294145 Listed on: 06/25/2022

Howard Hanna Real Estate Services - Lancaster

Last Buyer's Agent

James Hayward

Beiler-Campbell Realtors-Kennett Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,433

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Masonry

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for heat, insurance, heater maintenance contract, lawn/shrub care, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
  • Assessor Parcel Number 335-35740-0-0000

Community Details

Overview

  • 2 Units
  • Chestnut Hill Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,433

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-06-25
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Fantastic 2 Unit investment opportunity in highly desirable Chestnut Hill on the west end of Lancaster City. 1st Unit on first floor is a nice 1 bedroom with laundry occupied at $950 monthly. 2nd Unit occupies middle and top floors of building and is a 3 bedroom with large living room and is currently vacant. Needs some renovating and has a potential rent of at least $1500.
  • Special Features: None

Interior Features

  • Foundation Details: Stone, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2945
  • Living Area Sq Ft: 2038
  • Price Per Sq Ft: 135.06
  • Above Grade Finished Sq Ft: 2038
  • Below Grade Sq Ft: 907
  • Total Below Grade Sq Ft: 907
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 613

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • 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, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 83400.00
  • Land Assessed Value: 35500.00
  • Land Use Code: 114
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2022
  • Zoning: MULTI FAMILY

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Heat, Insurance, Heater Maintenance Contract, Lawn/Shrub Care, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4058956
  • School Tax: 2695.00
  • Tax Annual Amount: 4433.00
  • Assessor Parcel Number: 335-35740-0-0000
  • Tax Total Finished Sq Ft: 2038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/04/2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Sep 8, 2022
Sold by
Simon Nardo
Bought by
Hayward James and Hayward Allie
Seller's Agent
Matt Ziegler
Howard Hanna Real Estate Services - Lancaster
Buyer's Agent
James Hayward
Beiler-Campbell Realtors-Kennett Square
List Price
$259,900
Sold Price
$275,250
Premium/Discount to List
$15,350
5.91%
Current Estimated Value
$332,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,403
Avg. Annual Appreciation
6.27%
Original Mortgage
$261,487
Outstanding Balance
$251,638
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$79,955

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 28, 2019
Sold by
Monger I Llc
Bought by
Nardo Simon
Seller's Agent
Diana Monger
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Matt Ziegler
Howard Hanna Real Estate Services - Lancaster
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$157,600
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2015
Sold by
Congello Karin M
Bought by
Monger I Llc
Source: Public Records

Range of Values:

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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
Hayward James $275,250 --
Nardo Simon $197,000 Susquehanna Settlement Assc
Monger I Llc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayward James $261,487
Previous Owner Nardo Simon $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $275,250 0.0% $135 / Sq Ft
07/05/2022 07/05/22 Price Changed $275,250 +5.9% $135 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $259,900 +31.9% $128 / Sq Ft
06/28/2019 06/28/19 Sold $197,000 -1.0% $97 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $199,000 -- $98 / 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
2024 $4,705 $118,900 $35,500 $83,400
2023 $4,626 $118,900 $35,500 $83,400
2022 $4,433 $118,900 $35,500 $83,400
2021 $4,338 $118,900 $35,500 $83,400
2020 $4,338 $118,900 $35,500 $83,400
2019 $4,273 $118,900 $35,500 $83,400
2018 $2,536 $118,900 $35,500 $83,400
2017 $4,331 $94,300 $22,400 $71,900
2016 $4,292 $94,300 $22,400 $71,900
2015 $1,674 $94,300 $22,400 $71,900
2014 $3,746 $94,300 $22,400 $71,900
Source: Public Records

Agents Affiliated with this Home

  • Matt Ziegler

    Seller's Agent in 2022

    Matt Ziegler

    Howard Hanna

    (717) 538-2826

    3 in this area

    53 Total Sales

    Matt Ziegler
    Section Image
  • James Hayward

    Buyer's Agent in 2022

    James Hayward

    Beiler-Campbell Realtors-Kennett Square

    (717) 808-7449

    1 in this area

    16 Total Sales

    James Hayward
    Section Image
  • Diana Monger

    Seller's Agent in 2019

    Diana Monger

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 951-1990

    1 in this area

    67 Total Sales

    Diana Monger
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA2020742

Bright MLS

APN: 335-35740-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

613 W Chestnut St, Lancaster, PA

This home is located at 613 W Chestnut St, Lancaster, PA 17603 since 25 June 2022 and is currently estimated at $332,653, approximately $163 per square foot. This property was built in 1900. 613 W Chestnut St is a home located in Lancaster County with nearby schools including Thomas Wharton Elementary School, Reynolds Middle School, and McCaskey High School.

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