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1120 East Chestnut Street

1120 East Chestnut Street, Lancaster, OH 43130
Property in Lancaster City
Sold Jun 17, 2008
$43,000
$59,100 by First Bremen Bank
Mortgage Due Jun 16, 2038
1120 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. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1120 East Chestnut Street has 1,080 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 ranch/rambler 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 C 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 central 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 Jun 16, 2008 for $43,000. That's $39.81 per sqft. 1120 East Chestnut Street was last assessed in 2023. The total value of the property was assessed at $24,390. Specifically, the land the property is located on was valued at $5,790. While improvements on the property were assessed at a total of $18,600. 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 $400. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full 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: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • 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 61

Ownership

  • Current Owner : NORTH MARK A
  • Current Owner 2: ELDRIDGE JULIA A
  • Previous Owner : ELDRIDGE JAMES C
  • Previous Owner 2: ELDRIDGE CAROL M
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

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: 05-35140-300
  • Lot: 61
  • Municipality: LANCASTER CORPORATION
  • Latitude: 39.7125
  • Longitude: -82.5799

    Address

  • Full Address: 1120 E Chestnut St
  • Address - House Number: 1120
  • Street Direction: E
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lancaster
  • Carrier Code: C028
  • 4-Digit Zip Code: 4020
  • Zip Code: 43130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $400
  • Tax Rate Code Area: 053

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 147,027
  • High Value: 175,077
  • Low Value: 118,977

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $104,600
  • First Open Lien Mortgage Lender: FIRST BREMEN BANK
  • First Open Lien Mortgage Recording Date: Jun 17, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $59,100
  • 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: Jun 16, 2038
  • Second Open Lien Mortgage Lender: UNION SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Jun 14, 2021
  • Second Open Lien Mortgage Loan Amount: $45,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $69,680
  • Market Land Value: $16,540
  • Market Improvement Value: $53,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,390
  • Assessed Land Value: $5,790
  • Assessed Improvements Value: $18,600

    Sales

  • Current Sale Contract Date: Jun 16, 2008
  • Current Sale Recording Date: Jun 17, 2008
  • Current Sale Transaction ID: 11450940191
  • Current Sale Price: $43,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200800011689

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BREMEN BANK
  • First Mortgage Transaction Date: Jun 17, 2008
  • First Mortgage Loan Amount: $59,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 16, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lancaster



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Frequently Asked Questions

What neighborhood is 1120 East Chestnut Street located in?
The 1120 East Chestnut Street is a located in the neighborhood of Lancaster City in Lancaster, Lancaster.
What is the average sales price for listings in 1120 East Chestnut Street?
The average sales price for units in 1120 East Chestnut Street is $0 currently.

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