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1249 East Chestnut Street

1249 East Chestnut Street, Lancaster, OH 43130
Sold Feb 25, 2019
$110,900
$166,920 by First Ohio Home Finance Inc
Mortgage Due Jun 01, 2052
Sold Sep 18, 2013
$70,000
$68,732 by Freedom Mortgage Corp
Mortgage Due Sep 01, 2043
1249 East Chestnut Street has been categorized by the local assessors in Lancaster, OH as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1249 East Chestnut Street has 1,230 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,401 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Feb 19, 2019 for $110,900. That's $90.16 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 2013 for $70,000. 1249 East Chestnut Street was last assessed in 2023. The total value of the property was assessed at $22,760. Specifically, the land the property is located on was valued at $5,790. While improvements on the property were assessed at a total of $16,970. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $831. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,230
  • Gross Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,230
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROOKS ADD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: BROOKS ADD LOT 26

Ownership

  • Current Owner : OSBORNE MATTHEW S
  • Current Owner 2: OSBORNE NICOLE
  • Previous Owner : HALL MORGAN K
  • Previous Owner 2: HALL BARBARA A
  • Owner Before Previous Owner: BURNETTE DAVID D

Neighborhood

  • School District Name: Lancaster City School District
  • School Tax School District: LANCASTER CSD
  • Census Tract: 032200

Geography

  • Assessors Map Reference: 0507
  • District: 053
  • Parcel: 05-35136-700
  • Lot: 26
  • Municipality: LANCASTER CORPORATION
  • Latitude: 39.713
  • Longitude: -82.5771

    Address

  • Full Address: 1249 E Chestnut St
  • Address - House Number: 1249
  • Street Direction: E
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lancaster
  • Carrier Code: C028
  • 4-Digit Zip Code: 4022
  • Zip Code: 43130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $831

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 168,588
  • High Value: 183,794
  • Low Value: 153,382

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: FIRST OHIO HOME FINANCE INC
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Loan Amount: $166,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $65,020
  • Market Land Value: $16,540
  • Market Improvement Value: $48,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,760
  • Assessed Land Value: $5,790
  • Assessed Improvements Value: $16,970

    Sales

  • Current Sale Contract Date: Feb 19, 2019
  • Current Sale Recording Date: Feb 25, 2019
  • Current Sale Transaction ID: 11573596975
  • Current Sale Price: $110,900
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 201900002884
  • Previous Sale Recording Date: Sep 18, 2013
  • Previous Sale Contract Date: Aug 28, 2013
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Feb 25, 2019
  • First Mortgage Loan Amount: $114,559
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 18, 2013
  • Previous Mortgage Loan Amount: $68,732
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Lancaster



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Frequently Asked Questions

What neighborhood is 1249 East Chestnut Street located in?
The 1249 East Chestnut Street is a house located in the neighborhood of Lancaster City in Lancaster, Lancaster.
What is the average sales price for listings in 1249 East Chestnut Street?
The average sales price for units in 1249 East Chestnut Street is $109,900 , or $89/sqft. currently.

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