$470,000
SOLD APR 4, 2025

116 Putney Ln Malvern, PA 19355

3 Beds
2.5 Baths
1,920 Sq Ft
$355/mo HOA Fee

Recently Sold

$245 Per Sq Ft

3% Below List Price

23 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Attic
  • General Wayne Elementary School Rated A-
  • Recreation Room
  • Workshop

About This Home

As of April 2025

Welcome to this spacious 3-bedroom, 2.5-bath townhome in the highly sought-after Rustmont community in Malvern. Nestled against a serene wooded backdrop, this home offers both privacy and convenience with a generous floor plan and a secluded deck perfect for enjoying nature. As you step inside, the tiled foyer welcomes you with a large closet and leads to a hallway and convenient powder room with tile flooring. The open-concept kitchen and breakfast room flow seamlessly into the family room, featuring a bay window that brings in plenty of natural light. The spacious living room features a brick fireplace with a mantle and is open to the formal dining room, both with elegant crown molding. Sliding glass doors from the dining room lead to your private deck, offering the perfect retreat for morning coffee or weekend barbecues. Upstairs, the turned staircase leads to a large landing, granting access to all three bedrooms. The expansive primary bedroom suite is a true sanctuary, featuring two built-in shelving units and large windows. Three closets (including a walk-in) provide ample storage space, while the beautifully remodeled ensuite bath offers a walk-in tile shower with built-in seating, shelves, and a sleek granite countertop. Two additional generously sized bedrooms share a full bath, complete with tile flooring and a tub/shower combo. A separate laundry room with built-in cabinets adds to the convenience, and a pull-down staircase provides easy access to the attic for additional storage. The partially finished walk-out basement offers over 600 square feet of flexible space, with large windows, a rec room area, and a separate workroom equipped with benches and shelves. Whether you envision a home theater, gym, or hobby room, this expansive area is ready for your personal touch. Additional features include convenient closet access to the newer water heater, the HVAC system, and a utility sink. The roof is only a few years old and is the responsibility o f the HOA. This home is being sold as-is and is located just off Paoli Pike, providing easy access to Malvern, Paoli, and West Chester. Enjoy the vibrant downtown Malvern area with its charming shops, dining, and year-round festivities. The Malvern train station is just a short distance away, offering a quick commute to Philadelphia and beyond. Don’t miss the chance to make this spacious townhome yours. Schedule a tour today!

Last Agent to Sell the Property

Mary Robins

Keller Williams Realty Devon-Wayne Listed on: 01/10/2025

Keller Williams Realty Devon-Wayne

Last Buyer's Agent

Caroline Masters

BHHS Fox & Roach-Chestnut Hill License #RS320698

BHHS Fox & Roach-Chestnut Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1983

Lot Details

  • 1,920 Sq Ft Lot
  • North Facing Home
  • Property is in good condition

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 2 Levels
  • Chair Railings
  • Crown Molding
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Recreation Room
  • Workshop
  • Carpet
  • Views of Woods
  • Breakfast Area or Nook
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Solar Tube

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

  • Exterior Basement Entry
  • Workshop
  • Basement Windows

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0229
  • Assessor Parcel Number 54-03B-0229

Community Details

Overview

  • $1,065 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • Rustmont Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,241

Year Built

Built in 1983

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, dryer & refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this spacious 3-bedroom, 2.5-bath townhome in the highly sought-after Rustmont community in Malvern. Nestled against a serene wooded backdrop, this home offers both privacy and convenience with a generous floor plan and a secluded deck perfect for enjoying nature. As you step inside, the tiled foyer welcomes you with a large closet and leads to a hallway and convenient powder room with tile flooring. The open-concept kitchen and breakfast room flow seamlessly into the family room, featuring a bay window that brings in plenty of natural light. The spacious living room features a brick fireplace with a mantle and is open to the formal dining room, both with elegant crown molding. Sliding glass doors from the dining room lead to your private deck, offering the perfect retreat for morning coffee or weekend barbecues. Upstairs, the turned staircase leads to a large landing, granting access to all three bedrooms. The expansive primary bedroom suite is a true sanctuary, featuring two built-in shelving units and large windows. Three closets (including a walk-in) provide ample storage space, while the beautifully remodeled ensuite bath offers a walk-in tile shower with built-in seating, shelves, and a sleek granite countertop. Two additional generously sized bedrooms share a full bath, complete with tile flooring and a tub/shower combo. A separate laundry room with built-in cabinets adds to the convenience, and a pull-down staircase provides easy access to the attic for additional storage. The partially finished walk-out basement offers over 600 square feet of flexible space, with large windows, a rec room area, and a separate workroom equipped with benches and shelves. Whether you envision a home theater, gym, or hobby room, this expansive area is ready for your personal touch. Additional features include convenient closet access to the newer water heater, the HVAC system, and a utility sink. The roof is only a few years old and is the responsibility o f the HOA. This home is being sold as-is and is located just off Paoli Pike, providing easy access to Malvern, Paoli, and West Chester. Enjoy the vibrant downtown Malvern area with its charming shops, dining, and year-round festivities. The Malvern train station is just a short distance away, offering a quick commute to Philadelphia and beyond. Don’t miss the chance to make this spacious townhome yours. Schedule a tour today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Attic, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Carpet, Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Primary Bath(s), Solar Tube(s)
  • Window Features: Bay/Bow
  • Fireplace Features: Brick, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Recreation Room, Workshop, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Outside Entrance, Partially Finished, Poured Concrete, Windows, Workshop
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 244.79
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

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

  • HOA Fees: 355.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1065.00

Schools

  • School District: GREAT VALLEY
  • Middle School: GREAT VALLEY M.S.
  • High School: GREAT VALLEY
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397337
  • School District Source: Listing Agent
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY M.S.

Lot Info

  • Land Use Code: R55
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1920.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: R55 RES TOWN HOUSE
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • School Tax: 3539.00
  • Tax Annual Amount: 4241.00
  • Assessor Parcel Number: 54-03B-0229
  • Tax Lot: 0229
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/04/2025

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
May 13, 2025
Sold by
Schott John C
Bought by
John C Schott Revocable Living Trust
Seller's Agent
Mary Robins
Keller Williams Realty Devon-Wayne
Buyer's Agent
Caroline Masters
BHHS Fox & Roach-Chestnut Hill
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Views
241
Current Estimated Value
$485,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,187
Avg. Annual Appreciation
8.50%
Original Mortgage
$220,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 24, 2025
Sold by
John C Schott Revocable Living Trust and Bruno Terry Ann
Bought by
Clelland Christine
Seller's Agent
Mary Robins
Keller Williams Realty Devon-Wayne
Buyer's Agent
Caroline Masters
BHHS Fox & Roach-Chestnut Hill
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2020
Sold by
Schott John C
Bought by
Schott John C and Malley Heather O

Purchase Details

Closed on
Apr 1, 1987
Bought by
Schott John C
Source: Public Records

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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
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $294,837 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $294,837 None Listed On Document
Deed $470,000 Trident Land Transfer
Deed $470,000 Trident Land Transfer
Interfamily Deed Transfer -- None Available
Deed $139,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $470,000 0.0% $245 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $470,000 -3.1% $245 / Sq Ft
01/10/2025 01/10/25 For Sale $485,000 -- $253 / 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 $4,138 $145,240 $30,180 $115,060
2024 $4,138 $145,240 $30,180 $115,060
2023 $4,031 $145,240 $30,180 $115,060
2022 $3,949 $145,240 $30,180 $115,060
2021 $3,869 $145,240 $30,180 $115,060
2020 $3,805 $145,240 $30,180 $115,060
2019 $3,768 $145,240 $30,180 $115,060
2018 $3,696 $145,240 $30,180 $115,060
2017 $3,696 $145,240 $30,180 $115,060
2016 $3,217 $145,240 $30,180 $115,060
2015 $3,217 $145,240 $30,180 $115,060
2014 $3,217 $145,240 $30,180 $115,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2089154

Bright MLS

APN: 54-03B-0229.0000