NOT LISTED FOR SALE

644 E Chestnut St Lancaster, PA 17602

East Side Neighborhood

Estimated Value: $248,000 - $335,000

Studio
2 Baths
1,968 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $118,000 $60 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,935/month

135 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 4-minute walk to Reservior Park
  • Central Air

About This Home

As of April 2018

Well maintained units with central air, new furnace. This property will help you build equity due to the quality of tenants that it will attract.

Last Agent to Sell the Property

Dave Miller

(223) 217-1000 gyoder.homes@gmail.com Hometowne Realty Professionals LLC Listed on: 10/10/2017

Co-Listed By

Ron Shepherd

(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster

Last Buyer's Agent

Wendell Huyard

(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty License #RS298371

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 17x123
  • Property is in good condition

Home Design

  • 1,968 Sq Ft Home
  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Built-Up Roof

Laundry

  • Washer and Dryer Hookup

Unfinished Basement

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

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Burrowes Elementary School
  • Abraham Lincoln Middle School
  • Mccaskey Campus High School

Utilities

  • Central Air
  • Heating Available
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3326495100000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Electric Expense $335
  • Insurance Expense $975
  • Maintenance Expense $520
  • Other Expense $100
  • Trash Expense $420
  • Operating Expense $4,092
  • Net Operating Income $9,723

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 100.00
  • Storage: Basement
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Unfinished
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 60.92
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Built-Up, Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 335.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1742.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: BURROWES
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: ABRAHAM LINCOLN

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17X123
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4056800
  • School Tax: 2683.00
  • Tax Annual Amount: 4395.00
  • Assessor Parcel Number: 3326495100000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 17400.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 4092.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Apr 27, 2018
Sold by
Stoltzfus Omar H
Bought by
Riehl Allen S
Seller's Agent
Dave Miller
Hometowne Realty Professionals LLC
Buyer's Agent
Wendell Huyard
Coldwell Banker Realty
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%
Current Estimated Value
$292,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,584
Avg. Annual Appreciation
12.43%
Original Mortgage
$94,400
Outstanding Balance
$81,375
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,209

Purchase Details

Listed on
Dec 9, 2014
Closed on
Feb 17, 2015
Bought by
Stoltzfus Omar H
Seller's Agent
Dave Miller
Hometowne Realty Professionals LLC
Buyer's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
List Price
$119,900
Sold Price
$112,800
Premium/Discount to List
-$7,100
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%

Purchase Details

Closed on
Oct 7, 2010
Sold by
King John and King Teresa
Bought by
Slf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Riehl Allen S $118,000 None Available
Stoltzfus Omar H $112,800 --
Slf Properties Llc $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riehl Allen S $94,400
Previous Owner Slf Properties Llc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2018 04/30/18 Sold $118,000 -1.6% $60 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $119,900 0.0% $61 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $119,900 +1.6% $61 / Sq Ft
11/30/2017 11/30/17 Off Market $118,000 -- --
11/07/2017 11/07/17 Price Changed $119,900 -4.0% $61 / Sq Ft
10/10/2017 10/10/17 For Sale $124,900 +10.7% $63 / Sq Ft
02/13/2015 02/13/15 Sold $112,800 -5.9% $57 / Sq Ft View Prior Sale
02/06/2015 02/06/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $119,900 -- $61 / 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 $4,978 $125,800 $20,700 $105,100
2024 $4,978 $125,800 $20,700 $105,100
2023 $4,894 $125,800 $20,700 $105,100
2022 $4,690 $125,800 $20,700 $105,100
2021 $4,590 $125,800 $20,700 $105,100
2020 $4,590 $125,800 $20,700 $105,100
2019 $4,521 $125,800 $20,700 $105,100
2018 $2,683 $125,800 $20,700 $105,100
2017 $3,546 $77,200 $14,500 $62,700
2016 $3,514 $77,200 $14,500 $62,700
2015 $1,371 $77,200 $14,500 $62,700
2014 $3,066 $77,200 $14,500 $62,700
Source: Public Records

Agents Affiliated with this Home

  • Dave Miller

    Seller's Agent in 2018

    Dave Miller

    Hometowne Realty Professionals LLC

    (717) 951-0201

    2 Total Sales

    Dave Miller
    Section Image
  • Ron Shepherd

    Seller Co-Listing Agent in 2018

    Ron Shepherd

    Iron Valley Real Estate of Lancaster

    (717) 587-7390

    15 Total Sales

    Ron Shepherd
    Section Image
  • Wendell Huyard

    Buyer's Agent in 2018

    Wendell Huyard

    Coldwell Banker Realty

    (717) 629-2227

    9 in this area

    223 Total Sales

    Wendell Huyard
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002668969

Bright MLS

APN: 332-64951-0-0000

Pennsylvania Lancaster County Lancaster 17602 East Side

644 E Chestnut St, Lancaster, PA

Not Listed for Sale

MultiFamily

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