NOT LISTED FOR SALE

1120 Vermont Ln Downingtown, PA 19335

Estimated Value: $317,000 - $406,557

3 Beds
2.5 Baths
1,578 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $200,000 $127 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,242/month

3 Days on Market

Highlights

  • Open Floorplan
  • Curved or Spiral Staircase
  • Contemporary Architecture
  • Bradford Heights Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of September 2020

Stop looking right now if you are an investor or prospective handyman homeowner looking for a rare opportunity to purchase a home in the highly desirable Brandywine Green Community at a HUGE discount! This 2-3 Bedroom, 2.5 Bath House is on a manicured wooded lot with professional landscaping, new concrete steps and landing and is located on a cul-de-sac in the Award-Winning Downingtown Area School District! The property has been cleaned out and the carpet removed for your blank canvas. As you enter this contemporary home, you are greeted with an open floor plan to the large living and dining area, kitchen and powder room. The living area is lit with natural sunlight from the skylights and windows surrounding the room and overlooks the lower level. The eat-in kitchen can be easily updated and has a good flow plan with a refrigerator, dishwasher and stove. The second floor contains 2 large bedrooms with ample closet space, a linen closet and a full bathroom. The lower level is accessed by the space saving spiral staircase to an expansive open floor plan that previously housed the third bedroom with its own full bathroom, as well as additional living space, the laundry room and utility room. The lower level also has a Dutch west Wood Burning Convection Heater that makes the lower and main level toasty warm on cold nights and sliding glass door that opens onto the large deck that is perched high with views of your private wooded rear yard. There is also an oversized attached single car garage with additional storage. The property is being sold in an "as is" condition, but the mechanicals are all in good condition and has a newer HVAC system, hot water heater, siding and windows. This is an excellent opportunity to gain instant equity with just a few cosmetic upgrades.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com LLP License #RB-0020070 Listed on: 09/11/2020

Last Buyer's Agent

Sean Maloney

RE/MAX Ready License #rs319879

RE/MAX Ready

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,795

Year Built

  • Built in 1981

Lot Details

  • 6,474 Sq Ft Lot
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Skylights
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Schools

  • Bradford Heights Elementary School
  • Downington Middle School
  • Downingtown High School West Campus

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brandywine Greene Subdivision

Listing and Financial Details

  • Tax Lot 0007
  • Assessor Parcel Number 50-06A-0007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,795

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Remarks Public: Stop looking right now if you are an investor or prospective handyman homeowner looking for a rare opportunity to purchase a home in the highly desirable Brandywine Green Community at a HUGE discount! This 2-3 Bedroom, 2.5 Bath House is on a manicured wooded lot with professional landscaping, new concrete steps and landing and is located on a cul-de-sac in the Award-Winning Downingtown Area School District! The property has been cleaned out and the carpet removed for your blank canvas. As you enter this contemporary home, you are greeted with an open floor plan to the large living and dining area, kitchen and powder room. The living area is lit with natural sunlight from the skylights and windows surrounding the room and overlooks the lower level. The eat-in kitchen can be easily updated and has a good flow plan with a refrigerator, dishwasher and stove. The second floor contains 2 large bedrooms with ample closet space, a linen closet and a full bathroom. The lower level is accessed by the space saving spiral staircase to an expansive open floor plan that previously housed the third bedroom with its own full bathroom, as well as additional living space, the laundry room and utility room. The lower level also has a Dutch west Wood Burning Convection Heater that makes the lower and main level toasty warm on cold nights and sliding glass door that opens onto the large deck that is perched high with views of your private wooded rear yard. There is also an oversized attached single car garage with additional storage. The property is being sold in an "as is" condition, but the mechanicals are all in good condition and has a newer HVAC system, hot water heater, siding and windows. This is an excellent opportunity to gain instant equity with just a few cosmetic upgrades.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Floor Plan - Open, Skylight(s), Kitchen - Eat-In, Spiral Staircase
  • Window Features: Skylights
  • Door Features: Sliding Glass
  • Levels Count: 2
  • Room Count: 7
  • Basement: Yes
  • Basement Type: Full, Walkout Level
  • Total Sq Ft: 1578
  • Living Area Sq Ft: 1578
  • Price Per Sq Ft: 178.78
  • Above Grade Finished Sq Ft: 1258
  • Below Grade Finished Sq Ft: 320
  • Total Below Grade Sq Ft: 320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1120

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main 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: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: DOWNINGTOWN AREA
  • Elementary School: BRADFORD HEIGHTS
  • Middle School: DOWNINGTON
  • 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: BRADFORD HEIGHTS
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88740.00
  • Land Assessed Value: 31550.00
  • Land Use Code: R10
  • Lot Features: Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6474.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 333296
  • School Tax: 3270.00
  • Tax Annual Amount: 3795.00
  • Assessor Parcel Number: 50-06A-0007
  • Tax Lot: 0007
  • Tax Total Finished Sq Ft: 1578
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Sep 30, 2020
Sold by
Cifaldi Property Investments Llc
Bought by
Zouras Maria
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
Sean Maloney
RE/MAX Ready
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
$347,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,760
Avg. Annual Appreciation
12.04%
Original Mortgage
$174,500
Outstanding Balance
$156,605
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$192,088

Purchase Details

Listed on
Sep 11, 2020
Closed on
Aug 27, 2020
Sold by
Homa David M and Homa Jean M
Bought by
Cifaldi Property Investments Llc
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
Sean Maloney
RE/MAX Ready
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Outstanding Balance
$156,605
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$192,088

Purchase Details

Closed on
Mar 27, 1997
Sold by
Harper Pamela D
Bought by
Homa David M and Homa Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,918
Interest Rate
7.5%
Mortgage Type
FHA
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
Zouras Maria $200,000 Quality Abstract Svcs Inc
Cifaldi Property Investments Llc $110,000 Quality Abstract Svcs Inc
Homa David M $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cifaldi Property Investments Llc $174,500
Previous Owner Homa David M $164,000
Previous Owner Homa David M $163,106
Previous Owner Homa David M $109,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $200,000 -11.1% $127 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $224,900 -- $143 / 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 $4,163 $120,290 $31,550 $88,740
2023 $4,043 $120,290 $31,550 $88,740
2022 $3,943 $120,290 $31,550 $88,740
2021 $3,877 $120,290 $31,550 $88,740
2020 $3,855 $120,290 $31,550 $88,740
2019 $3,795 $120,290 $31,550 $88,740
2018 $3,795 $120,290 $31,550 $88,740
2017 $3,795 $120,290 $31,550 $88,740
2016 $3,488 $120,290 $31,550 $88,740
2015 $3,488 $120,290 $31,550 $88,740
2014 $3,488 $120,290 $31,550 $88,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT516072

Bright MLS

APN: 50-06A-0007.0000