$131,500
SOLD JUL 29, 2014

102 Raintree Ln Unit 102 Malvern, PA 19355

Malvern Neighborhood
1 Bed
1 Bath
861 Sq Ft
$320/mo HOA Fee

Recently Sold

$153 Per Sq Ft

4% Below List Price

40 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Community Pool
  • General Wayne Elementary School Rated A-
  • Deck
  • Eat-In Kitchen

About This Home

As of June 2024

Immaculate 1st floor END UNIT in sought after "Raintree" has a premium location! Newer carpeting and neutral paint throughout; Spacious Living Room with sliders to Deck; Formal Dining Room; Nice Eat-in Kitchen with tile floor and lots of cabinets; Updated Bathroom; Laundry Room with full sized washer and dryer; Bedroom has walk-in closet; Deck with additional utility/storage area; Walk to the renovated Malvern Train Station or to other convenient public transportation; Shop at the new Malvern Wegman's, or walk to the numerous local shops and restaurants in Malvern Borough; Convenient to Great Valley Corporate Center, King of Prussia, and major routes 202, PA Turnpike, Rt. 30 by-pass, business 30, Rt. 29, and Rt. 401; NOTE: this building's trash house is scheduled to be renovated and then painted this month; picture shown is how it will look. Condo Fee includes: heat, water, hot water, sewer, appliance maintenance, heater and A/C maintenance, Insurance Fee, and beautiful association Pool! Owner is licensed PA real estate agent.

Last Agent to Sell the Property

Sue Murphy

Springer Realty Group License #AB062860L Listed on: 06/04/2014

Springer Realty Group

Last Buyer's Agent

Sue Murphy

Springer Realty Group License #AB062860L Listed on: 06/04/2014

Springer Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1972

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 861 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 0201
  • Assessor Parcel Number 02-06 -0201

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, appliance maintenance, lawn maintenance, snow removal, trash, heat, water, sewer, insurance
  • Raintree Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,035

Year Built

Built in 1972

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1972
  • Remarks Public: Immaculate 1st floor END UNIT in sought after "Raintree" has a premium location! Newer carpeting and neutral paint throughout; Spacious Living Room with sliders to Deck; Formal Dining Room; Nice Eat-in Kitchen with tile floor and lots of cabinets; Updated Bathroom; Laundry Room with full sized washer and dryer; Bedroom has walk-in closet; Deck with additional utility/storage area; Walk to the renovated Malvern Train Station or to other convenient public transportation; Shop at the new Malvern Wegman's, or walk to the numerous local shops and restaurants in Malvern Borough; Convenient to Great Valley Corporate Center, King of Prussia, and major routes 202, PA Turnpike, Rt. 30 by-pass, business 30, Rt. 29, and Rt. 401; NOTE: this building's trash house is scheduled to be renovated and then painted this month; picture shown is how it will look. Condo Fee includes: heat, water, hot water, sewer, appliance maintenance, heater and A/C maintenance, Insurance Fee, and beautiful association Pool! Owner is licensed PA real estate agent.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 861
  • Living Area Sq Ft: 861
  • Net Sq Ft: 861.00
  • Price Per Sq Ft: 159.70
  • Above Grade Finished Sq Ft: 861
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 102

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 320.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Hot Water
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Appliance Maintenance, Lawn Maintenance, Snow Removal, Trash, Heat, Water, Sewer, Insurance
  • HOA: No

Schools

  • School District: GREAT VALLEY
  • High School: GREAT VALLEY
  • School District Key: 300200397337
  • High School: GREAT VALLEY

Lot Info

  • Improvement Assessed Value: 59640.00
  • Land Assessed Value: 11570.00
  • Land Use Code: R50
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 861.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 225225
  • Tax Annual Amount: 2035.00
  • Assessor Parcel Number: 02-06 -0201
  • Tax Lot: 0201
  • Tax Year: 2014
  • Close Date: 07/29/2014

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 26, 2024
Sold by
Dietrich Daniel A
Bought by
Rinaldo Robert Christopher
Seller's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
Buyer's Agent
Lisa Light
RE/MAX Professional Realty
List Price
$199,000
Sold Price
$248,000
Premium/Discount to List
$49,000
24.62%
Views
55
Current Estimated Value
$254,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,530
Avg. Annual Appreciation
2.39%
Original Mortgage
$198,000
Outstanding Balance
$195,823
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$58,707

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jul 24, 2014
Sold by
Schmitt George P and Schmitt Anne F
Bought by
Dietrich Daniel A
Seller's Agent
Sue Murphy
Springer Realty Group
Buyer's Agent
Sue Murphy
Springer Realty Group
List Price
$137,500
Sold Price
$131,500
Premium/Discount to List
-$6,000
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$79,150
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Schmitt George P and Familetti Dolores J
Bought by
Schmitt George P and Schmitt Anne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1999
Sold by
Familetti Dolores J and Schmitt George P
Bought by
Familetti Dolores J and Schmitt George P

Purchase Details

Closed on
Jul 15, 1998
Sold by
Yuchmow John and Yuchmow Eleanore Z
Bought by
Familetti Dolores J and Schmitt George P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,700
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $248,000 Icon Land Transfer
Deed $131,500 None Available
Interfamily Deed Transfer -- T A Title Insurance Company
Interfamily Deed Transfer $67,900 --
Deed $67,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Previous Owner $80,400 New Conventional
Previous Owner $79,150 New Conventional
Previous Owner $53,500 Purchase Money Mortgage
Previous Owner $57,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $248,000 +24.6% $288 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $199,000 +51.3% $231 / Sq Ft
07/29/2014 07/29/14 Sold $131,500 -4.4% $153 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $137,500 0.0% $160 / Sq Ft
01/02/2013 01/02/13 Rented $1,100 0.0% --
12/31/2012 12/31/12 Under Contract -- -- --
11/14/2012 11/14/12 For Rent $1,100 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,341 $71,210 $11,570 $59,640
2023 $2,289 $71,210 $11,570 $59,640
2022 $2,249 $71,210 $11,570 $59,640
2021 $2,210 $71,210 $11,570 $59,640
2020 $2,178 $71,210 $11,570 $59,640
2019 $2,160 $71,210 $11,570 $59,640
2018 $2,125 $71,210 $11,570 $59,640
2017 $2,107 $71,210 $11,570 $59,640
2016 $1,637 $71,210 $11,570 $59,640
2015 $1,637 $71,210 $11,570 $59,640
2014 $1,637 $71,210 $11,570 $59,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002956220

Bright MLS

APN: 02-006-0201.0000