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508 Chestnut St

Lancaster, PA 17602

4 bd 2 ba 1,700 sqft Built 1897 Lot 1,742 sqft townhomes
Most recent sale
$242,450
Dec 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 12, 2022 Sold $242,450 BrightMLS
Oct 18, 2022 Price changed $249,900 MLS #PALA2025766
Sep 30, 2022 Listing removed BrightMLS
Sep 29, 2022 Listed $257,500 MLS #PALA2025766
Aug 23, 2022 Listed $264,900 MLS #PALA2023872
Feb 25, 2014 Sold $117,500 Public Record
Jan 3, 2014 Listing removed $119,000 Keystone
Oct 21, 2013 Price changed $119,000 MLS #211426
Oct 9, 2013 Price changed $121,900 MLS #211426
Sep 19, 2013 Price changed $124,900 MLS #211426
Sep 9, 2013 Price changed $127,900 MLS #211426
Aug 27, 2013 Listed $133,900 MLS #211426
Feb 8, 2006 Sold $108,000 Public Record
Dec 12, 2005 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $80,900 $20,700 $101,600 $4,197
2025 $80,900 $20,700 $101,600 $4,062
2024 $80,900 $20,700 $101,600 $4,020
2023 $80,900 $20,700 $101,600 $3,952
2022 $80,900 $20,700 $101,600 $3,788
2021 $80,900 $20,700 $101,600 $3,707
2020 $80,900 $20,700 $101,600 $3,707
2019 $80,900 $20,700 $101,600 $3,651
2018 $80,900 $20,700 $101,600 $4,254
2017 $56,200 $14,500 $70,700 $3,247
2016 $56,200 $14,500 $70,700 $3,179
2015 $56,200 $14,500 $70,700 $3,142
2014 $56,200 $14,500 $70,700 $3,019
2013 $56,200 $14,500 $70,700 $2,974
2012 $56,200 $14,500 $70,700 $2,881
2011 $56,200 $14,500 $70,700 $2,839
2010 $56,200 $14,500 $70,700 $2,737
2009 $56,200 $14,500 $70,700 $2,568
2008 $56,200 $14,500 $70,700 $2,479

Property facts

Year built
1897
Property type
townhomes
Stories
3
Beds
4
Baths
2
Living area
1,700 sqft
Lot size
1,742 sqft
ZIP code
17602
City
Lancaster
Street
Chestnut St
Coordinates
40.04207, -76.29524

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,550
Gross rental yield
12.62%
Implied cap rate
8.20%
Trend-extrapolated value

Frequently asked questions

When did 508 Chestnut St last sell?
508 Chestnut St most recently sold on Dec 12, 2022 for $242,450.
What is the current tax assessment for 508 Chestnut St?
The most recent total assessment for 508 Chestnut St (year 2026) is $101,600 with $4,197 in property tax.
How does 508 Chestnut St's assessment compare to its last sale price?
The current assessment is 58.1% below the last sale price of $242,450.
When was 508 Chestnut St built?
508 Chestnut St was built in 1897.
How does 508 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 508 Chestnut St?
508 Chestnut St is a 4 bed, 2 bath, 1,700 sqft, 1,742 sqft lot townhomes.
Is 508 Chestnut St a flip candidate?
No — 508 Chestnut St does not appear in our flips dataset.
Is 508 Chestnut St a tax-appeal candidate?
No — 508 Chestnut St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.5%
Implied 1-yr
-13.9%
2026 Q3
$268.4K
2026 Q4
$256.7K
ZIP 17602 — Median Price History + Forecast

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