NOT LISTED FOR SALE

626 E Chestnut St Lancaster, PA 17602

East Side Neighborhood

Estimated Value: $231,000 - $304,438

Studio
2 Baths
1,904 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $112,500 $59 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,829/month

9 Days on Market

About This Home

As of August 2013

Perfect location for a two unit. Units have nicer baths and kitchens and some hardwood floors. Each unit has newer furnace and water heater. Great tenants who care about the property and treat it like there own. Garage is rented separately.

Last Agent to Sell the Property

C Michael Rohrbach

(717) 299-5266 cindy@rohrbachrealestate.com Rohrbach Real Estate Co. License #RB024982A Listed on: 07/10/2013

Co-Listed By

Cynthia Delorie-Rohrbach

(717) 823-2083 edgarmwright@comcast.net Edgar M. Wright, Realtor License #RS227123L

Last Buyer's Agent

Jesse Landis

(717) 569-8701 lynn@kingswayrealty.com Kingsway Realty - Lancaster

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 1,742

Home Design

  • Brick Exterior Construction
  • Metal Roof

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3324822300000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $14,968

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.04
  • Property Attached Yn: Yes
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4056638
  • School Tax: 1840.49
  • Tax Annual Amount: 3031.52
  • Assessor Parcel Number: 3324822300000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 18000.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 28, 2013
Sold by
King Rolland R
Bought by
Towers James Michael and Towers Kelly C
Seller's Agent
C Michael Rohrbach
Rohrbach Real Estate Co.
Buyer's Agent
Jesse Landis
Kingsway Realty - Lancaster
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%
Current Estimated Value
$274,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,610
Avg. Annual Appreciation
7.43%
Original Mortgage
$84,375
Outstanding Balance
$21,586
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$252,524

Purchase Details

Closed on
Sep 6, 2002
Sold by
Dai Judy Fang Ling
Bought by
King Rolland R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.25%
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
Towers James Michael $112,500 None Available
King Rolland R $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towers James Michael $84,375
Previous Owner King Rolland R $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $112,500 -2.2% $59 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $115,000 -- $60 / 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 $4,483 $113,300 $20,700 $92,600
2024 $4,483 $113,300 $20,700 $92,600
2023 $4,408 $113,300 $20,700 $92,600
2022 $4,224 $113,300 $20,700 $92,600
2021 $4,134 $113,300 $20,700 $92,600
2020 $4,134 $113,300 $20,700 $92,600
2019 $4,072 $113,300 $20,700 $92,600
2018 $4,744 $113,300 $20,700 $92,600
2017 $3,261 $71,000 $14,500 $56,500
2016 $3,231 $71,000 $14,500 $56,500
2015 $1,261 $71,000 $14,500 $56,500
2014 $2,820 $71,000 $14,500 $56,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    C Michael Rohrbach

    Rohrbach Real Estate Co.

    (717) 371-1949

    22 Total Sales

    C Michael Rohrbach
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Cynthia Delorie-Rohrbach

    Edgar M. Wright, Realtor

    (717) 575-4812

    27 Total Sales

    Cynthia Delorie-Rohrbach
    Section Image

  • J

    Buyer's Agent in 2013

    Jesse Landis

    Kingsway Realty - Lancaster

    (717) 283-6241

    50 Total Sales

    Jesse Landis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002729869

Bright MLS

APN: 332-48223-0-0000

Pennsylvania Lancaster County Lancaster 17602 East Side

626 E Chestnut St, Lancaster, PA

Not Listed for Sale

MultiFamily

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