$312,500
SOLD MAY 17, 2018

1024 Hopewell Rd Downingtown, PA 19335

4 Beds
2.5 Baths
2,043 Sq Ft
1.3 Acres

Recently Sold

$153 Per Sq Ft

19% Below List Price

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Beaver Creek Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

Updated 4 bedroom, 2 1/2 bath single home in the award winning Downingtown School District. This home has been updated and features beautiful hardwood floors throughout. The home sits on a 1.3 acre lot and has a 2 car attached garage. There is a large covered front porch that opens into the living room. The main floor also features the dining room and large eat in kitchen with ceramic tile floor, counters and back splash, large island with prep sink, ample cabinet space, crown molding and recessed lights. There is also a mud room/ pantry off the kitchen with access to the side door and private side deck. The upper levels feature 3 nice size bedrooms, updated hall bath and large master suite with sitting area, large master bedroom with vaulted ceilings and attached master bath. This home is spacious, updated and move in ready. Schedule your appointment to view this home today!

Last Agent to Sell the Property

Peter McGuinn

RE/MAX Main Line-West Chester License #RS278599 Listed on: 01/26/2018

RE/MAX Main Line-West Chester

Last Buyer's Agent

Stephanie Newcomb

Morgan Francis Realty License #RS310923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,662

Year Built

  • Built in 1971

Lot Details

  • 1.3 Acre Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,043 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0048.0300
  • Assessor Parcel Number 30-03 -0048.0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,662

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1971
  • Remarks Public: Updated 4 bedroom, 2 1/2 bath single home in the award winning Downingtown School District. This home has been updated and features beautiful hardwood floors throughout. The home sits on a 1.3 acre lot and has a 2 car attached garage. There is a large covered front porch that opens into the living room. The main floor also features the dining room and large eat in kitchen with ceramic tile floor, counters and back splash, large island with prep sink, ample cabinet space, crown molding and recessed lights. There is also a mud room/ pantry off the kitchen with access to the side door and private side deck. The upper levels feature 3 nice size bedrooms, updated hall bath and large master suite with sitting area, large master bedroom with vaulted ceilings and attached master bath. This home is spacious, updated and move in ready. Schedule your appointment to view this home today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: Other
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2043
  • Living Area Sq Ft: 2043
  • Net Sq Ft: 2043.00
  • Price Per Sq Ft: 166.37
  • Above Grade Finished Sq Ft: 2043
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1024

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436

Lot Info

  • Improvement Assessed Value: 110470.00
  • Land Assessed Value: 54060.00
  • Land Use Code: R10
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 1.30
  • Lot Dimensions: 1.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 56628.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 275694
  • Tax Annual Amount: 5662.00
  • Assessor Parcel Number: 30-03 -0048.0300
  • Tax Lot: 0048.0300
  • Tax Year: 2018
  • Close Date: 05/17/2018

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 17, 2020
Sold by
Hood Joho Wesley and Hood Melinda Bass
Bought by
Gambs Tyler R and Gambs Holly M
Seller's Agent
Stephanie Newcomb
Morgan Francis Realty
Buyer's Agent
Joseph D'Andrea
Keller Williams Real Estate -Exton
List Price
$384,900
Sold Price
$390,000
Premium/Discount to List
$5,100
1.33%
Current Estimated Value
$588,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,910
Avg. Annual Appreciation
7.72%
Original Mortgage
$312,000
Outstanding Balance
$276,879
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,815

Purchase Details

Listed on
Jan 26, 2018
Closed on
Apr 12, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Hood John Wesley and Hood Melinda Bess
Seller's Agent
Peter McGuinn
RE/MAX Main Line-West Chester
Buyer's Agent
Stephanie Newcomb
Morgan Francis Realty
List Price
$384,900
Sold Price
$312,500
Premium/Discount to List
-$72,400
-18.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2016
Sold by
Sheriff Of Chester County
Bought by
Wilmington Savings Fund Society Fsb and Pretium Mortgage Acquisition Trust

Purchase Details

Closed on
Apr 25, 2007
Sold by
Reynolds James Brian
Bought by
Reynolds James Brian and Reynolds Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1998
Sold by
Hess Frank M and Hess Lynne W
Bought by
Reynolds James Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,900
Interest Rate
6.92%
Mortgage Type
FHA
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 $390,000 First Land Transfer Llc
Special Warranty Deed $312,500 None Available
Sheriffs Deed -- Attorney
Interfamily Deed Transfer -- None Available
Deed $151,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $275,500 Unknown
Previous Owner $269,990 FHA
Previous Owner $256,000 New Conventional
Previous Owner $90,000 Credit Line Revolving
Previous Owner $150,900 FHA
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $390,000 0.0% $191 / Sq Ft
07/14/2020 07/14/20 Price Changed $390,000 +1.3% $191 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $384,900 +23.2% $188 / Sq Ft
05/17/2018 05/17/18 Sold $312,500 -8.1% $153 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/16/2018 03/16/18 Price Changed $339,900 -2.9% $166 / Sq Ft
02/09/2018 02/09/18 Price Changed $349,900 -9.1% $171 / Sq Ft
01/26/2018 01/26/18 For Sale $384,900 -- $188 / Sq Ft
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
2025 $6,217 $167,400 $54,060 $113,340
2024 $6,217 $167,400 $54,060 $113,340
2023 $6,050 $167,400 $54,060 $113,340
2022 $5,822 $167,400 $54,060 $113,340
2021 $5,801 $167,400 $54,060 $113,340
2020 $5,770 $167,400 $54,060 $113,340
2019 $5,662 $164,530 $54,060 $110,470
2018 $5,662 $164,530 $54,060 $110,470
2017 $5,602 $164,530 $54,060 $110,470
2016 $4,846 $164,530 $54,060 $110,470
2015 $4,846 $164,530 $54,060 $110,470
2014 $4,846 $164,530 $54,060 $110,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005276749

Bright MLS

APN: 30-003-0048.0300