$130,000
SOLD MAY 5, 2025

1120 Margaret Dr Coatesville, PA 19320

0.8 Acre
$162,500 Price per Acre
34,848 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

6% Below List Price

199 Days on Market

About This Lot

As of May 2025

Welcome to 1120 Margaret Ln. Lot #16 . This 0.8 Acre Parcel Located in the award- Winning Downingtown School District Is waiting for you. Take this opportunity to Build and Customize the Home of your Dreams. This ideal corner lot is located in a quiet neighborhood conveniently located with access to major roads, Shopping Centers, Entertainment venues, and Restaurants. Water Management Survey has been completed and is available. Septic Documentation available including Perc test approved by the Chester County Health Dept. including both primary and additional required backup systems. Storm water report Completed and Approved, Choose your own contractor as this property is not tied to a builder allowing you flexibility. Buyer and Buyers agent will be responsible for verifying any/all information related to the property with the township including but not limited to land usage, building requirements and lot size. Please make an appointment before going to property. Don't miss out on this rare opportunity to build your perfect home in a top-tier school district.

Last Agent to Sell the Property

Christine McKee

Compass Pennsylvania LLC Listed on: 09/17/2024

Last Buyer's Agent

Tim Noonan

Crown Homes Real Estate License #RS-0022667

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,056

Lot Details

  • 0.8 Acre Lot
  • Property is zoned V10

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0004
  • Assessor Parcel Number 50-04Q-0004

Property Details

Property Type

Land

Est. Annual Taxes

$1,056

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1120 Margaret Ln. Lot #16 . This 0.8 Acre Parcel Located in the award- Winning Downingtown School District Is waiting for you. Take this opportunity to Build and Customize the Home of your Dreams. This ideal corner lot is located in a quiet neighborhood conveniently located with access to major roads, Shopping Centers, Entertainment venues, and Restaurants. Water Management Survey has been completed and is available. Septic Documentation available including Perc test approved by the Chester County Health Dept. including both primary and additional required backup systems. Storm water report Completed and Approved, Choose your own contractor as this property is not tied to a builder allowing you flexibility. Buyer and Buyers agent will be responsible for verifying any/all information related to the property with the township including but not limited to land usage, building requirements and lot size. Please make an appointment before going to property. Don't miss out on this rare opportunity to build your perfect home in a top-tier school district.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.99
  • Street Number Modifier: 1120

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: V10
  • Lot Size Acres: 0.80
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34848.00
  • Year Assessed: 2024
  • Zoning: V10
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 907.00
  • Tax Annual Amount: 1056.00
  • Assessor Parcel Number: 50-04Q-0004
  • Tax Lot: 0004
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 05/05/2025

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Feb 14, 2023
Sold by
Hash Walter F
Bought by
Kranyecz Kim M
Seller's Agent
Melissa Roop
New Precision Realty
Buyer's Agent
Steve Laret
VRA Realty
List Price
$370,000
Sold Price
$326,000
Premium/Discount to List
-$44,000
-11.89%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$244,500
Outstanding Balance
$238,152
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$219,579
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $326,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $130,000 -6.5% $112 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
09/17/2024 09/17/24 For Sale $139,000 +56.5% $120 / Sq Ft
08/27/2024 08/27/24 Sold $88,800 0.0% $76 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $88,800 -72.8% $76 / Sq Ft
02/20/2023 02/20/23 Sold $326,000 -11.9% $281 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $370,000 -- $318 / 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 $4,641 $134,090 $44,080 $90,010
2023 $4,050 $120,510 $44,080 $76,430
2022 $3,950 $120,510 $44,080 $76,430
2021 $3,884 $120,510 $44,080 $76,430
2020 $3,862 $120,510 $44,080 $76,430
2019 $932 $120,510 $44,080 $76,430
2018 $3,802 $120,510 $44,080 $76,430
2017 $3,802 $120,510 $44,080 $76,430
2016 $3,495 $120,510 $44,080 $76,430
2015 $3,495 $120,510 $44,080 $76,430
2014 $3,495 $120,510 $44,080 $76,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2073874

Bright MLS

APN: 50-04Q-0027.0000