$170,000
SOLD OCT 17, 2018

1201 Raintree Ln Unit 1201 Malvern, PA 19355

Malvern Neighborhood
1 Bed
1 Bath
926 Sq Ft
$326/mo HOA Fee

Recently Sold

$184 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Balcony
  • General Wayne Elementary School Rated A-
  • Breakfast Area or Nook
  • Living Room

About This Home

As of January 2023

Fabulous move-in ready Malvern borough condo in sought after Raintree community! Come enjoy carefree living and all this community has to offer! This cheerful 2nd floor condo offers the privacy and quiet only found in an upstairs unit. The spacious open floor plan and generous dining area makes entertaining a breeze! The owners have opened up the kitchen to the living area and added a marble pass through counter top. The carpet is newer and in fabulous shape and new overhead LED lighting has been installed in the living room and bedroom. The bathroom has been updated with new vanity and fixtures. Walk to town and enjoy all the great restaurants and shops. Convenient to everything - walk to train station. Make this super clean and neat condo your special new home - you won't be disappointed! Condo fee includes heat, hot water, sewer, water, lawn, snow removal, trash, pool,insurance, appliance maintenance. No dogs permitted.

Last Agent to Sell the Property

Alison Saunders

RE/MAX Preferred - Malvern License #RS313656 Listed on: 08/22/2018

RE/MAX Preferred - Malvern

Last Buyer's Agent

Meg Shea

Keller Williams Realty Devon-Wayne

Keller Williams Realty Devon-Wayne

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1972

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 926 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Breakfast Area or Nook
  • Laundry on upper level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 0272
  • Assessor Parcel Number 02-06 -0272

Community Details

Overview

  • $326 Capital Contribution Fee
  • Association fees include pool(s), common area maintenance, exterior building maintenance, appliance maintenance, lawn maintenance, snow removal, trash, heat, water, sewer
  • $326 Other One-Time Fees
  • Raintree Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,051

Year Built

Built in 1972

Lot Details

0

HOA Fees

$326 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Washer,Dryer,Refrigerator, Balcony Shade
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Fabulous move-in ready Malvern borough condo in sought after Raintree community! Come enjoy carefree living and all this community has to offer! This cheerful 2nd floor condo offers the privacy and quiet only found in an upstairs unit. The spacious open floor plan and generous dining area makes entertaining a breeze! The owners have opened up the kitchen to the living area and added a marble pass through counter top. The carpet is newer and in fabulous shape and new overhead LED lighting has been installed in the living room and bedroom. The bathroom has been updated with new vanity and fixtures. Walk to town and enjoy all the great restaurants and shops. Convenient to everything - walk to train station. Make this super clean and neat condo your special new home - you won't be disappointed! Condo fee includes heat, hot water, sewer, water, lawn, snow removal, trash, pool,insurance, appliance maintenance. No dogs permitted.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 926
  • Living Area Sq Ft: 926
  • Net Sq Ft: 926.00
  • Price Per Sq Ft: 186.83
  • Above Grade Finished Sq Ft: 926
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 326.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Hot Water
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Appliance Maintenance, Lawn Maintenance, Snow Removal, Trash, Heat, Water, Sewer
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 326.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 326.00

Schools

  • School District: GREAT VALLEY
  • Middle School: GREAT VALLEY
  • High School: GREAT VALLEY
  • School District Key: 300200397337
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Land Use Code: R50
  • Lot Size Acres: 0.02
  • Lot Dimensions: .02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 926.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2051.00
  • Assessor Parcel Number: 02-06 -0272
  • Tax Lot: 0272
  • Tax Year: 2018
  • Close Date: 10/17/2018

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Jan 13, 2023
Sold by
Tegethoff Mary Anne
Bought by
Dietrich Jane
Seller's Agent
Tom Dixon
BHHS Fox & Roach-Haverford
Buyer's Agent
Liz Facenda
RE/MAX Preferred - Newtown Square
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$165,000
Outstanding Balance
$160,539
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$96,716

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 17, 2018
Sold by
Connor Rosemary A O and Poole Joseph B
Bought by
Tegethoff Mary Anne
Seller's Agent
Alison Saunders
RE/MAX Preferred - Malvern
Buyer's Agent
Meg Shea
Keller Williams Realty Devon-Wayne
List Price
$173,000
Sold Price
$170,000
Premium/Discount to List
-$3,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$70,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jan 8, 2018
Sold by
Evans Michael M
Bought by
Connor Rosemary A O and Poole Joseph B
Seller's Agent
Candyce Chimera
RE/MAX Legacy
Buyer's Agent
MARCEL BARBEZAT
BHHS Fox & Roach-West Chester
List Price
$168,000
Sold Price
$164,000
Premium/Discount to List
-$4,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$131,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2011
Closed on
Feb 2, 2012
Sold by
Kommer William and Kommer Ruth E
Bought by
Evans Michael M
Seller's Agent
Michael McDaid
RE/MAX Action Associates
Buyer's Agent
Candyce Chimera
RE/MAX Legacy
List Price
$120,000
Sold Price
$126,000
Premium/Discount to List
$6,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$119,700
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2006
Sold by
Kommer William and Kommer Ruth
Bought by
Kommer William and Kommer Ruth E

Purchase Details

Closed on
Nov 30, 2005
Sold by
Fiorella Neal R and Fiorella Ruth K
Bought by
Kommer William and Kommer Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1999
Sold by
Hunt W Jeffery
Bought by
Fiorella Neal R and Fiorella Ruth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed $220,000 None Listed On Document
Deed $170,000 Trident Land Transfer Compan
Deed $164,000 --
Deed $126,000 None Available
Interfamily Deed Transfer -- None Available
Deed $147,500 None Available
Deed $75,000 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $69,500 New Conventional
Previous Owner $70,000 New Conventional
Previous Owner $131,200 New Conventional
Previous Owner $119,700 New Conventional
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $67,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $260,000 +18.2% $281 / Sq Ft
01/17/2023 01/17/23 Sold $220,000 -2.2% $238 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $225,000 +32.4% $243 / Sq Ft
10/17/2018 10/17/18 Sold $170,000 -1.7% $184 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $173,000 +5.5% $187 / Sq Ft
01/08/2018 01/08/18 Sold $164,000 -2.4% $177 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $168,000 +33.3% $181 / Sq Ft
02/03/2012 02/03/12 Sold $126,000 -4.5% $136 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
11/13/2011 11/13/11 Price Changed $132,000 -9.6% $143 / Sq Ft
10/14/2011 10/14/11 Price Changed $146,000 +21.7% $158 / Sq Ft
10/14/2011 10/14/11 For Sale $120,000 -- $130 / 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 $2,224 $67,630 $12,450 $55,180
2023 $2,174 $67,630 $12,450 $55,180
2022 $2,136 $67,630 $12,450 $55,180
2021 $2,099 $67,630 $12,450 $55,180
2020 $2,069 $67,630 $12,450 $55,180
2019 $2,051 $67,630 $12,450 $55,180
2018 $2,018 $67,630 $12,450 $55,180
2017 $2,001 $67,630 $12,450 $55,180
2016 $1,555 $67,630 $12,450 $55,180
2015 $1,555 $67,630 $12,450 $55,180
2014 $1,555 $67,630 $12,450 $55,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002283134

Bright MLS

APN: 02-006-0272.0000