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2 Chestnut Street

2 Chestnut Street, Lebanon, PA 17042
Multifamily in Lebanon
Local assessors in Lebanon, PA have categorized 2 Chestnut Street as a commercial type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 57,935 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 2 Chestnut Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of unknown were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2 Chestnut Street sold most recently in Nov 20, 2017 for a total of $2,533,758. If you work out the math, that's approximately a cost of $222.49 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $50,838 in taxes each year. 2 Chestnut Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,656,300. If we break it down further, the land itself was valued at $213,200. Improvements to the property, however, were assessed at a total of $1,443,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 2
  • Bedroom Count: 0
  • Building Quality: A
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 57,935
  • Total Building Area: 11,388
  • Gross Building Area: 11,388
  • Building Area: 11,388
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Land Acres: 1.33
  • Standard Land Use Code: Community shopping plaza or shopping center, mini-mall

Ownership

  • Current Owner : JSK LEBANON LLC
  • Previous Owner : RX LEBANON INVESTORS LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lebanon School District
  • School Tax School District: 4
  • Census Tract: 000100

Geography

  • Assessors Map Reference: MAP 532C
  • District: 4
  • Parcel: 04-2341415-369526-0000
  • Municipality: LEBANON CITY, WARD 4
  • Latitude: 40.3399
  • Longitude: -76.4122

    Address

  • Full Address: 2 Cumberland St
  • Address - House Number: 2
  • Address - Street Name: Cumberland
  • Address - Suffix Type: St
  • State: PA
  • City Name: Lebanon
  • Carrier Code: C001
  • 4-Digit Zip Code: 5444
  • Zip Code: 17042

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $50,838

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,280,382
  • First Open Lien Mortgage Lender: PENNIAN BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2017
  • First Open Lien Mortgage Loan Amount: $2,280,382
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 30, 2047

    Market Valuation

  • Market Total Value: $1,700,513
  • Market Land Value: $218,891
  • Market Improvement Value: $1,481,622

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,656,300
  • Assessed Land Value: $213,200
  • Assessed Improvements Value: $1,443,100

    Sales

  • Current Sale Contract Date: Nov 20, 2017
  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Transaction ID: 11331928203
  • Current Sale Price: $2,533,758
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 201716049

    Last Sale Mortgage

  • First Mortgage Lender: PENNIAN BANK
  • First Mortgage Transaction Date: Nov 30, 2017
  • First Mortgage Loan Amount: $2,280,382
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lebanon



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Nearby Rentals

Unit for rent at 35 N 10th St, LEBANON, PA, 17046

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,998 ft²
35 N 10th St #2, LEBANON, PA, 17046 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 2 Chestnut Street located in?
The 2 Chestnut Street is a multifamily located in the neighborhood of Lebanon in Lebanon, Lebanon.
What is the average sales price for listings in 2 Chestnut Street?
The average sales price for units in 2 Chestnut Street is $0 currently.

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