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355 East Chestnut Street

355 East Chestnut Street, Lancaster, PA 17602
Property in Musser Park
Sold Aug 29, 2022
$270,000
$202,500 by Northwest Bank
Mortgage Due Sep 01, 2052
Sold Sep 24, 2018
$214,900
$193,410 by Gmh Mortgage Services Llc
Mortgage Due Oct 01, 2048
355 East Chestnut Street has been categorized by the local assessors in Lancaster, PA as a residential type of property. The building on the property was first built in 1880 and is 144 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 355 East Chestnut Street has 1,690 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 355 East Chestnut Street sold most recently in Aug 25, 2022 for a total of $270,000. If you work out the math, that's approximately a cost of $111.11 per sqft. Before that, the property was also sold for $214,900 in Sep 20, 2018. 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 $4,791 in taxes each year. 355 East Chestnut Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $128,500. If we break it down further, the land itself was valued at $31,900. Improvements to the property, however, were assessed at a total of $96,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 740
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,430
  • Gross Building Area: 2,430
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,690
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 355 E CHESTNUT ST

Ownership

  • Current Owner : ROHM MICHAEL J
  • Previous Owner : FORNOFF HAYLEY E
  • Previous Owner 2: FORNOFF HAYLEY E
  • Owner Before Previous Owner: KOCH ELIZABETH M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Lancaster School District
  • School Tax School District: LANCASTER
  • Census Tract: 000200

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 13K01B
  • District: 336
  • Parcel: 336-01065-0-0000
  • Lot: 3
  • Municipality: LANCASTER CITY (W6)
  • Latitude: 40.0422
  • Longitude: -76.298

    Address

  • Full Address: 355 E Chestnut St
  • Address - House Number: 355
  • Street Direction: E
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: PA
  • City Name: Lancaster
  • Carrier Code: C093
  • 4-Digit Zip Code: 2707
  • Zip Code: 17602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,791

    Appraisal Valuation

  • Standard Deviation: 0.2734
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 286,245
  • High Value: 364,513
  • Low Value: 207,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $202,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $128,500
  • Market Land Value: $31,900
  • Market Improvement Value: $96,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $128,500
  • Assessed Land Value: $31,900
  • Assessed Improvements Value: $96,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895171235
  • Current Sale Price: $270,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6700225
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $214,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Aug 29, 2022
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GMH MORTGAGE SERVICES LLC
  • Previous Mortgage Transaction Date: Sep 24, 2018
  • Previous Mortgage Loan Amount: $193,410
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Musser Park



Similar Buildings

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Nearby Rentals

Unit for rent at 548 Reynolds Ave, LANCASTER, PA, 17602

$1,725 /mo

  • 2 Beds
  • 1 Bath
548 Reynolds Ave, LANCASTER, PA, 17602 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 355 East Chestnut Street located in?
The 355 East Chestnut Street is a located in the neighborhood of Musser Park in Musser Park, Lancaster.
What is the average sales price for listings in 355 East Chestnut Street?
The average sales price for units in 355 East Chestnut Street is $0 currently.

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