NOT LISTED FOR SALE

109 Lake Dr Downingtown, PA 19335

Estimated Value: $472,498 - $536,000

4 Beds
2.5 Baths
1,863 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $375,000 $201 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,052/month

4 Days on Market

Highlights

  • 0.37 Acre Lot
  • Colonial Architecture
  • Attic
  • East Ward Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2021

Welcome to 109 Lake Drive. This 4 bedroom 2.5 bathroom home sits on a large corner lot in the heart of the Downingtown Borough. Enter through the front door into a mudroom with large coat closet and custom shoe rack. The first level features a dining room with hardwood floors and a huge window overlooking the front yard. Adjacent to the dining room is a first-floor bedroom with half bathroom currently be used as a home office. This room could easily double as a play room or recreation room. The second level offers to sizeable bedrooms and a full bathroom. The upper level was added as an addition to compliment the home with a spacious primary bedroom and bathroom en suite. The primary bedroom also includes a spacious walk-in closet and lots of windows that bathe the room in abundant natural light. The lower level is the main living space combined with an open and bright kitchen. Just off the family room is access to the massive 12x34 covered concrete patio and fenced-in back yard. While sitting on the patio, you will not be able to miss the 12x30 storage shed upgraded this year with new paint, custom door, gutters, and a new roof! Recently updated with new flooring, paint throughout, and new gutters, this spacious home has something for everyone and is walking distance to all Downingtown has to offer including shopping, bars, gyms, restaurants, Struble Trail, and the Downingtown STEM Academy. Make your appointment today!

Last Agent to Sell the Property

Jason Conner

(215) 604-1191 gztsvn@gmail.com HomeSmart Realty Advisors Listed on: 05/27/2021

HomeSmart Realty Advisors

Last Buyer's Agent

Susan Austin

(610) 647-2600 kathie.ramer@foxroach.com BHHS Fox & Roach Malvern-Paoli License #RS355278

BHHS Fox & Roach Malvern-Paoli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R10

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Split Level Home
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Home Office
  • Partial Basement
  • Attic

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Freezer
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer
  • Gas Dryer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Storage Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Downingtown Boro Subdivision

Listing and Financial Details

  • Tax Lot 0060
  • Assessor Parcel Number 11-04 -0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,040

Year Built

Built in 1961

Lot Details

0.37 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • Exclusions: Shed heater, lawn mower, spice rack in kitchen, tv wall-mount
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator, Garage Fridge, Garage Freezer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-05-27
  • Federal Flood Zone: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Gas, Exhaust Fan, Freezer, Microwave, Oven/Range - Gas, Range Hood, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Attic, Carpet, Combination Kitchen/Dining, Family Room Off Kitchen, Dining Area, Wood Floors
  • Fireplace: No
  • Levels Count: 4
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Office, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1863
  • Living Area Sq Ft: 1863
  • Price Per Sq Ft: 273.34
  • Above Grade Finished Sq Ft: 1463
  • Below Grade Finished Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Gutter System, Outbuilding(s), Secure Storage, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86000.00
  • Land Assessed Value: 41980.00
  • Lot Features: Corner, Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15988.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 232682
  • School Tax: 3479.00
  • Tax Annual Amount: 5040.00
  • Assessor Parcel Number: 11-04 -0060
  • Tax Lot: 0060
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 7, 2021
Sold by
Corbett Suzanne and Corbett Jason C
Bought by
Wetzel Patricia
Seller's Agent
Jason Conner
HomeSmart Realty Advisors
Buyer's Agent
Susan Austin
BHHS Fox & Roach Malvern-Paoli
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Current Estimated Value
$501,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,125
Avg. Annual Appreciation
6.41%
Original Mortgage
$262,500
Outstanding Balance
$238,396
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$262,729

Purchase Details

Listed on
Apr 26, 2019
Closed on
Aug 30, 2019
Sold by
Cooke Raymond M and Cooke Linda C
Bought by
Corbett Suzanne and Corbett Jason C
Seller's Agent
Scott Darling
VRA Realty
Buyer's Agent
Jason Corbett
Keller Williams Real Estate -Exton
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$325,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 1987
Bought by
Cooke Raymond M and Cooke Linda C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Wetzel Patricia $375,000 None Available
Corbett Suzanne $325,000 None Available
Cooke Raymond M $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzel Patricia $262,500
Previous Owner Corbett Suzanne $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $375,000 -6.2% $201 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $399,900 +23.0% $215 / Sq Ft
08/30/2019 08/30/19 Sold $325,000 0.0% $144 / Sq Ft View Prior Sale
04/26/2019 04/26/19 For Sale $325,000 -- $144 / Sq Ft
Source: Bright MLS

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 $5,344 $127,980 $41,980 $86,000
2024 $5,344 $127,980 $41,980 $86,000
2023 $5,216 $127,980 $41,980 $86,000
2022 $5,110 $127,980 $41,980 $86,000
2021 $5,040 $127,980 $41,980 $86,000
2020 $5,017 $127,980 $41,980 $86,000
2019 $5,017 $127,980 $41,980 $86,000
2018 $5,017 $127,980 $41,980 $86,000
2017 $5,017 $127,980 $41,980 $86,000
2016 $4,523 $127,980 $41,980 $86,000
2015 $4,523 $127,980 $41,980 $86,000
2014 $4,523 $126,410 $41,980 $84,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT537340

Bright MLS

APN: 11-004-0060.0000

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