NOT LISTED FOR SALE

658 E Chestnut St Coatesville, PA 19320

-- Bed
6 Baths
8,716 Sq Ft
4,970 Sq Ft Lot

Last Sold February 23, 2018

Last sale price $37,500 $4 Per Sq Ft

195 Days on Market

Highlights

  • No HOA
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of February 2018

Large building in the city of Coatesville that is in need of a full rehab!! There is a lot of talk lately about Coatesville and how it is on the verge of "coming out of it dark era." -Harry Lewis, 2016. Here is your chance to convert this building into the cash cow it can be. The current layout for the whole building is a 7 unit apartment complex with an attached one car garage. Possible options are turning the entire first floor in a laundromat and having 6 smaller apartment units above it or converting it into a boarding house or recovery house. This is a very large project. Everything needs to be stripped down to the bones and replaced. The foundation is structurally sound. Property being sold "AS-IS" bring flashlight. Seller may or may NOT clean out property prior to settlement. Buyer responsible for any U & O or resale requirements, if applicable. Seller requests that Buyer use Seller's Title Company. Motivated Seller.

Last Agent to Sell the Property

Steven Seymour

VRA Realty License #5000777 Listed on: 07/26/2017

VRA Realty

Co-Listed By

Jeffrey Bannan

Real of Pennsylvania

Last Buyer's Agent

Sarah Truelove

JG Real Estate LLC

JG Real Estate LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $796

Year Built

  • Built in 1931

Lot Details

  • 4,970 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • Parking Lot

Home Design

  • Semi-Detached or Twin Home
  • AirLite
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 8,716 Sq Ft Home
  • Property has 2.5 Levels
  • Living Room

Community Details

  • No Home Owners Association
  • Coatesville Subdivision

Listing and Financial Details

  • Tax Lot 0212
  • Assessor Parcel Number 16-06 -0212

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$796

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1931
  • Remarks Public: Large building in the city of Coatesville that is in need of a full rehab!! There is a lot of talk lately about Coatesville and how it is on the verge of "coming out of it dark era." -Harry Lewis, 2016. Here is your chance to convert this building into the cash cow it can be. The current layout for the whole building is a 7 unit apartment complex with an attached one car garage. Possible options are turning the entire first floor in a laundromat and having 6 smaller apartment units above it or converting it into a boarding house or recovery house. This is a very large project. Everything needs to be stripped down to the bones and replaced. The foundation is structurally sound. Property being sold "AS-IS" bring flashlight. Seller may or may NOT clean out property prior to settlement. Buyer responsible for any U & O or resale requirements, if applicable. Seller requests that Buyer use Seller's Title Company. Motivated Seller.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2.5
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 8716
  • Living Area Sq Ft: 8716
  • Net Sq Ft: 8716.00
  • Price Per Sq Ft: 5.16
  • Above Grade Finished Sq Ft: 8716
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 658

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336

Lot Info

  • Improvement Assessed Value: 5000.00
  • Land Assessed Value: 10000.00
  • Land Use Code: R61
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4970.00
  • Property Attached Yn: Yes
  • Property Condition: Major Rehab Needed
  • Zoning: RN4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 244140
  • Tax Annual Amount: 796.00
  • Assessor Parcel Number: 16-06 -0212
  • Tax Lot: 0212
  • Tax Year: 2018
  • Close Date: 02/23/2018

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Mill City Property Llc
Bought by
Chester County Redevelopment 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,839,000
Outstanding Balance
$1,823,826
Interest Rate
6.54%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2018
Sold by
Arch Street Property Management Llc
Bought by
Mill City Properties Llc

Purchase Details

Listed on
Jul 26, 2017
Closed on
Feb 23, 2018
Sold by
658 Chestnut Llc
Bought by
Arch Street Prop Mng Llc
Seller's Agent
Steven Seymour
VRA Realty
Buyer's Agent
Sarah Truelove
JG Real Estate LLC
List Price
$45,000
Sold Price
$37,500
Premium/Discount to List
-$7,500
-16.67%

Purchase Details

Listed on
Feb 22, 2016
Closed on
Jul 28, 2016
Sold by
Smart Management International Llc
Bought by
658 Chestnut Llc
Seller's Agent
Howard Greenberg
HG Realty Services, Ltd.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$41,500
Sold Price
$25,000
Premium/Discount to List
-$16,500
-39.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.47%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Snyder Russell
Bought by
Smart Management International Llc

Purchase Details

Closed on
Sep 12, 2012
Sold by
Chennisi Richard A
Bought by
Snyder Russell

Purchase Details

Closed on
Jun 3, 2009
Sold by
Tax Claim Bureau Of Chester County
Bought by
Chennisi Richard A

Purchase Details

Closed on
Jun 9, 1997
Sold by
Land Holding Corp Of Pa
Bought by
Clark James L

Purchase Details

Closed on
Oct 16, 1995
Sold by
Erling Robert A
Bought by
Land Holing Corp Of Pa
Source: Public Records

Range of Values:

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Average Value
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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
Chester County Redevelopment 2 Llc $1,650,000 None Listed On Document
Chester County Redevelopment 2 Llc $1,650,000 None Listed On Document
Mill City Properties Llc $39,500 Icon Land Transfer Lp
Arch Street Prop Mng Llc $37,500 --
658 Chestnut Llc $20,000 Attorney
Smart Management International Llc $8,500 None Available
Snyder Russell $10,600 None Available
Chennisi Richard A $10,600 None Available
Clark James L $3,000 --
Land Holing Corp Of Pa $124,103 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chester County Redevelopment 2 Llc $1,839,000
Closed Chester County Redevelopment 2 Llc $1,839,000
Previous Owner Mill City Properties Llc $4,315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $37,500 -16.7% $4 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
07/26/2017 07/26/17 For Sale $45,000 +8.4% $5 / Sq Ft
07/30/2016 07/30/16 Price Changed $41,500 +66.0% $5 / Sq Ft
07/29/2016 07/29/16 Sold $25,000 -39.8% $3 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/20/2016 07/20/16 Pending -- -- --
05/03/2016 05/03/16 Price Changed $41,500 0.0% $5 / Sq Ft
05/03/2016 05/03/16 For Sale $41,500 +66.0% $5 / Sq Ft
05/01/2016 05/01/16 Off Market $25,000 -- --
04/08/2016 04/08/16 For Sale $45,000 +80.0% $5 / Sq Ft
04/03/2016 04/03/16 Off Market $25,000 -- --
03/25/2016 03/25/16 Price Changed $45,000 -2.2% $5 / Sq Ft
03/23/2016 03/23/16 Price Changed $46,000 -1.1% $5 / Sq Ft
03/22/2016 03/22/16 Price Changed $46,500 -2.1% $5 / Sq Ft
03/21/2016 03/21/16 Price Changed $47,500 -2.1% $5 / Sq Ft
03/06/2016 03/06/16 Price Changed $48,500 -9.3% $6 / Sq Ft
03/04/2016 03/04/16 Price Changed $53,500 -2.6% $6 / Sq Ft
03/02/2016 03/02/16 Price Changed $54,900 -8.3% $6 / Sq Ft
02/22/2016 02/22/16 For Sale $59,900 -- $7 / 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
2025 $14,371 $239,000 $13,480 $225,520
2024 $14,371 $239,000 $13,480 $225,520
2023 $14,227 $239,000 $13,480 $225,520
2022 $870 $15,000 $10,000 $5,000
2021 $848 $15,000 $10,000 $5,000
2020 $845 $15,000 $10,000 $5,000
2019 $823 $15,000 $10,000 $5,000
2018 $796 $15,000 $10,000 $5,000
2017 $774 $15,000 $10,000 $5,000
2016 $636 $15,000 $10,000 $5,000
2015 $636 $15,000 $10,000 $5,000
2014 $636 $15,000 $10,000 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000291505

Bright MLS

APN: 16-006-0212.0000