NOT LISTED FOR SALE

11 Founders Way Downingtown, PA 19335

Estimated Value: $910,000 - $1,089,000

4 Beds
4 Baths
5,426 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $712,600 $131 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,353/month

1 Day on Market

Highlights

  • 1.2 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Shamona Creek Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2021

Wonderful Lakeridge home with a large, flat, fenced lot. This four bedroom, two full and two half bath, brick front colonial with a finished walkout basement is more than you can wish for. Enter the two story foyer flanked by a large dining and living rooms. You’ll then be greeted by a bright, two-story family room highlighted by a brick gas fireplace and transom windows and a corner office overlooking the backyard. The open concept kitchen has many upgrades including an expanded breakfast area, granite countertops, newer cabinet doors, newer tile backsplash, desk area, and coffee bar. The first floor has hardwoods throughout all the rooms and includes a laundry room with a new tile floor. You have two staircases to the second floor which features a master suite with a sitting area, two walk-in closets, and a full bathroom with a whirlpool bath and stall shower. Down the hall are three nice sized bedrooms and an updated hall bath. The current owners finished almost the entire basement and added a powder room. The great news is that it’s a walkout basement and wide open with plenty of space for a home theater, games, and gatherings. This home has many energy efficient and green features including added insulation, two highly rated gas furnaces (installed in 2018 and including electronic air cleaners and humidifiers). Plus, you will love your low electric bills as a result of the Vivint Solar panels on the back roof. Continuous improvements have been made including adding two storm doors, a new basement sliding glass door, added lighting and ceiling fans, nest thermostats, ring doorbell, updated first floor powder room, and a generator transfer panel. The yard and flower beds have tasteful plantings and great curb appeal. Entertain and relax on the back deck accented by a pergola with a canopy. The backyard is one of the best in the neighborhood – fenced, large and flat - come see it for yourself. All this in the Downingtown School District, in a wonderful location that is close to recreational activities, schools, main roads, and shopping. Professional pictures coming 5/21.

Last Agent to Sell the Property

Diane Stanko

Keller Williams Real Estate -Exton License #RS283298 Listed on: 05/21/2021

Keller Williams Real Estate -Exton

Last Buyer's Agent

Gary Mercer

LPT Realty, LLC License #RS164185L

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,464

Year Built

  • Built in 1995

Lot Details

  • 1.2 Acre Lot

Parking

  • 3 Car Attached Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Partially Carpeted
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Shamona Creek Elementary School
  • Downingtown Middle School
  • Downingtown High School West Campus

Utilities

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

Community Details

  • No Home Owners Association
  • Lakeridge Subdivision

Listing and Financial Details

  • Tax Lot 0025.3300
  • Assessor Parcel Number 32-06 -0025.3300

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,464

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, dryer, refrigerator, generator, nest thermostats, ring doorbell, trampoline, basketball hoop, foosball table, air hockey game, mini basketball game, and swing set. All in as-is condition.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-21
  • Federal Flood Zone: No
  • Year Built: 1995
  • Automatically Close On Close Date: Yes
  • Remarks Public: Wonderful Lakeridge home with a large, flat, fenced lot. This four bedroom, two full and two half bath, brick front colonial with a finished walkout basement is more than you can wish for. Enter the two story foyer flanked by a large dining and living rooms. You’ll then be greeted by a bright, two-story family room highlighted by a brick gas fireplace and transom windows and a corner office overlooking the backyard. The open concept kitchen has many upgrades including an expanded breakfast area, granite countertops, newer cabinet doors, newer tile backsplash, desk area, and coffee bar. The first floor has hardwoods throughout all the rooms and includes a laundry room with a new tile floor. You have two staircases to the second floor which features a master suite with a sitting area, two walk-in closets, and a full bathroom with a whirlpool bath and stall shower. Down the hall are three nice sized bedrooms and an updated hall bath. The current owners finished almost the entire basement and added a powder room. The great news is that it’s a walkout basement and wide open with plenty of space for a home theater, games, and gatherings. This home has many energy efficient and green features including added insulation, two highly rated gas furnaces (installed in 2018 and including electronic air cleaners and humidifiers). Plus, you will love your low electric bills as a result of the Vivint Solar panels on the back roof. Continuous improvements have been made including adding two storm doors, a new basement sliding glass door, added lighting and ceiling fans, nest thermostats, ring doorbell, updated first floor powder room, and a generator transfer panel. The yard and flower beds have tasteful plantings and great curb appeal. Entertain and relax on the back deck accented by a pergola with a canopy. The backyard is one of the best in the neighborhood – fenced, large and flat - come see it for yourself. All this in the Downingtown School District, in a wonderful location that is close to recreational activities, schools, main roads, and shopping. Professional pictures coming 5/21.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Partially Carpeted, Tile/Brick
  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 5426
  • Living Area Sq Ft: 5426
  • Price Per Sq Ft: 160.87
  • Above Grade Finished Sq Ft: 4196
  • Below Grade Finished Sq Ft: 1230
  • Total Below Grade Sq Ft: 1230
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: DOWNINGTOWN AREA
  • Elementary School: SHAMONA CREEK
  • Middle School: DOWNINGTOWN
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: SHAMONA CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 270580.00
  • Land Assessed Value: 79280.00
  • Land Use Code: R10
  • Lot Size Acres: 1.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52272.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 280574
  • School Tax: 9510.00
  • Tax Annual Amount: 11464.00
  • Assessor Parcel Number: 32-06 -0025.3300
  • Tax Lot: 0025.3300
  • Tax Total Finished Sq Ft: 5426
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/28/2021

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 4, 2021
Sold by
Stewart Brian E and Stewart Taryn
Bought by
Welsford Jason and Welsford Laura
Seller's Agent
Diane Stanko
Keller Williams Real Estate -Exton
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$675,000
Sold Price
$712,600
Premium/Discount to List
$37,600
5.57%
Current Estimated Value
$1,002,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,873
Avg. Annual Appreciation
7.03%
Original Mortgage
$534,450
Outstanding Balance
$485,981
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$458,549

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 18, 2013
Sold by
Weichert Relocation Resources Inc
Bought by
Stewart Brian E and Stewart Taryn
Seller's Agent
Jennifer Braun
Compass RE
Buyer's Agent
Chris LaGarde
Keller Williams Real Estate -Exton
List Price
$570,000
Sold Price
$557,500
Premium/Discount to List
-$12,500
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$446,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2013
Sold by
Khurmi Nardev S and Khurmi Baljitinder K
Bought by
Weichert Relocation Resources Inc

Purchase Details

Closed on
Dec 12, 1995
Sold by
Lakeridge Lp
Bought by
Khurmi Nardev S and Khurmi Baljitinder K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

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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
Welsford Jason $712,600 Chesco Settlement Svcs Llc
Stewart Brian E $557,500 None Available
Weichert Relocation Resources Inc $557,500 None Available
Khurmi Nardev S $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsford Jason $534,450
Previous Owner Stewart Brian E $443,000
Previous Owner Stewart Brian E $450,500
Previous Owner Stewart Brian E $50,000
Previous Owner Stewart Brian E $435,000
Previous Owner Stewart Brian E $446,000
Previous Owner Khurmi Nardev S $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $712,600 +5.6% $131 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $675,000 +21.1% $124 / Sq Ft
09/18/2013 09/18/13 Sold $557,500 -2.2% $133 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $570,000 -- $136 / 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
2024 $10,689 $304,150 $79,280 $224,870
2023 $10,385 $304,150 $79,280 $224,870
2022 $11,654 $349,860 $79,280 $270,580
2021 $11,464 $349,860 $79,280 $270,580
2020 $11,400 $349,860 $79,280 $270,580
2019 $10,819 $332,010 $79,280 $252,730
2018 $10,819 $332,010 $79,280 $252,730
2017 $10,819 $332,010 $79,280 $252,730
2016 $10,359 $332,010 $79,280 $252,730
2015 $10,359 $332,010 $79,280 $252,730
2014 $10,359 $332,010 $79,280 $252,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT536146

Bright MLS

APN: 32-006-0025.3300