NOT LISTED FOR SALE

747 E Chestnut St Lancaster, PA 17602

East Side Neighborhood

Estimated Value: $233,000 - $360,000

-- Bed
2 Baths
2,148 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $110,000 $51 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,029/month

104 Days on Market

Highlights

  • No HOA
  • Shed
  • Baseboard Heating

About This Home

As of November 2012

Totally upgraded property. 2nd floor recently painted. Tenants pay heat & elec. 2nd floor tenant pays water. 1st floor long term tenant. Both units M-M.

Last Agent to Sell the Property

Ferne Silberman

Berkshire Hathaway HomeServices Homesale Realty License #AB068142 Listed on: 07/09/2012

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Chad Hurst

Kingsway Realty - Lancaster

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 18x90x18x90

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof

Laundry

  • Washer and Dryer Hookup

Basement

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

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Mccaskey East High School

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for heat, hot water, water
  • Assessor Parcel Number 3361769700000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $190
  • Insurance Expense $884
  • Trash Expense $400
  • Operating Expense $1,954
  • Net Operating Income $11,724

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1920
  • Remarks Public: Totally upgraded property. 2nd floor recently painted. Tenants pay heat & elec. 2nd floor tenant pays water. 1st floor long term tenant. Both units M-M.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance
  • Street Number Modifier: 747

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Composite, Shingle, Rubber
  • 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

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 190.00
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY EAST
  • School District Key: 300200397286
  • High School: MCCASKEY EAST

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18x90x18x90
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 1825.95
  • Tax Annual Amount: 2941.88
  • Assessor Parcel Number: 3361769700000
  • County Tax Payment Frequency: Annually
  • Close Date: 11/29/2012

Multi Family

  • Gross Income: 16620.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1954.00
  • 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
Jul 9, 2012
Closed on
Nov 29, 2012
Sold by
Kreider Jay E and Kreider Lucinda F
Bought by
Betz Benjamin D and Betz Tiffany D
Seller's Agent
Ferne Silberman
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Chad Hurst
Kingsway Realty - Lancaster
List Price
$116,900
Sold Price
$110,000
Premium/Discount to List
-$6,900
-5.9%
Current Estimated Value
$303,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,710
Avg. Annual Appreciation
7.95%
Original Mortgage
$82,500
Outstanding Balance
$57,443
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$235,102

Purchase Details

Closed on
Dec 28, 2007
Sold by
Blackwell Casey E
Bought by
Kreider Jay E and Kreider Lucinda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,950
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Smoker Reuben E and Smoker Gayle M
Bought by
Blackwell Casey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
7.4%
Mortgage Type
Balloon

Purchase Details

Closed on
May 15, 2003
Sold by
Huyard Nathan G
Bought by
Smoker Rueben E and Smoker Gayle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Kline Rebecca D and Estate Of Anna H Dinulos
Bought by
Huyard Nathan G
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
Betz Benjamin D $110,000 None Available
Kreider Jay E $111,225 None Available
Blackwell Casey E $87,900 Lawyers Title Ins
Smoker Rueben E $69,900 --
Huyard Nathan G $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betz Benjamin D $82,500
Previous Owner Kreider Jay E $88,950
Previous Owner Blackwell Casey E $87,900
Previous Owner Smoker Rueben E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2012 11/29/12 Sold $110,000 -5.9% $51 / Sq Ft
10/21/2012 10/21/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $116,900 -- $54 / 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 $4,649 $117,500 $19,900 $97,600
2024 $4,649 $117,500 $19,900 $97,600
2023 $4,571 $117,500 $19,900 $97,600
2022 $4,381 $117,500 $19,900 $97,600
2021 $4,287 $117,500 $19,900 $97,600
2020 $4,287 $117,500 $19,900 $97,600
2019 $4,223 $117,500 $19,900 $97,600
2018 $2,506 $117,500 $19,900 $97,600
2017 $3,316 $72,200 $14,500 $57,700
2016 $3,286 $72,200 $14,500 $57,700
2015 $1,282 $72,200 $14,500 $57,700
2014 $2,868 $72,200 $14,500 $57,700
Source: Public Records

Agents Affiliated with this Home

  • Ferne Silberman

    Seller's Agent in 2012

    Ferne Silberman

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 575-8626

    115 Total Sales

    Ferne Silberman
    Section Image
  • Chad Hurst

    Buyer's Agent in 2012

    Chad Hurst

    Kingsway Realty - Lancaster

    (717) 371-6168

    2 in this area

    164 Total Sales

    Chad Hurst
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002726203

Bright MLS

APN: 336-17697-0-0000

Pennsylvania Lancaster County Lancaster 17602 East Side

747 E Chestnut St, Lancaster, PA

This home is located at 747 E Chestnut St, Lancaster, PA 17602 since 09 July 2012 and is currently estimated at $303,710, approximately $141 per square foot. This property was built in 1920. 747 E Chestnut St is a home located in Lancaster County with nearby schools including Wickersham Elementary School, Lincoln Middle School, and McCaskey High School.

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