NOT LISTED FOR SALE

123 E State St Kennett Square, PA 19348

Estimated Value: $885,593

-- Bed
-- Bath
4,863 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $600,000 $123 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,430/month

200 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • En-Suite Primary Bedroom
  • Kennett High School Rated A-
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

Located in the heart of historic Kennett Square, is this mixed-use building with off street parking. The first floor is currently leased as a retail store. The 2nd floor has a 2 bedroom apartment and a separate studio. There are 5 off street parking spaces. Give us a call today for more details and to schedule a tour.

Last Agent to Sell the Property

Matt Fetick

EXP Realty, LLC License #RS-0019528 Listed on: 10/22/2018

Last Buyer's Agent

Matt Fetick

EXP Realty, LLC License #RS-0019528 Listed on: 10/22/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1900

Lot Details

  • 5,370 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,863 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Wood
  • Tile or Brick

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • Kennett Middle School
  • Kennett High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0216
  • Assessor Parcel Number 03-02 -0216

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Located in the heart of historic Kennett Square, is this mixed-use building with off street parking. The first floor is currently leased as a retail store. The 2nd floor has a 2 bedroom apartment and a separate studio. There are 5 off street parking spaces. Give us a call today for more details and to schedule a tour.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Store/Office
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 4863
  • Living Area Sq Ft: 4863
  • Price Per Sq Ft: 154.23
  • Above Grade Finished Sq Ft: 4863
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: KENNETT CONSOLIDATED
  • Middle School: KENNETT
  • High School: KENNETT
  • School District Key: 300200397335
  • High School: KENNETT
  • Middle Or Junior School: KENNETT

Lot Info

  • Improvement Assessed Value: 82130.00
  • Land Assessed Value: 35650.00
  • Land Use Code: C30
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5370.00
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 225764
  • Tax Annual Amount: 4849.00
  • Assessor Parcel Number: 03-02 -0216
  • Tax Lot: 0216
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 01/28/2020

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 28, 2020
Sold by
Reilly Joseph T
Bought by
High Meadow Properties Llc
Seller's Agent
Matt Fetick
EXP Realty, LLC
Buyer's Agent
Matt Fetick
EXP Realty, LLC
List Price
$750,000
Sold Price
$600,000
Premium/Discount to List
-$150,000
-20%
Total Days on Market
200
Current Estimated Value
$885,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,593
Avg. Annual Appreciation
7.52%
Original Mortgage
$250,000
Interest Rate
3.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 1992
Bought by
Reilly Joseph T and Reilly Isabella R
Source: Public Records

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Range of Values:

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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
High Meadow Properties Llc $625,000 None Available
Reilly Joseph T $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed High Meadow Properties Llc $250,000
Closed High Meadow Properties Llc $250,000
Previous Owner Reilly Joseph T $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $600,000 -20.0% $123 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $750,000 0.0% $154 / Sq Ft
03/01/2019 03/01/19 For Sale $750,000 -21.1% $154 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $950,000 0.0% $195 / Sq Ft
10/12/2018 10/12/18 Rented $1,350 0.0% --
09/27/2018 09/27/18 For Rent $1,350 -- --
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 $5,739 $117,780 $35,650 $82,130
2023 $5,564 $117,780 $35,650 $82,130
2022 $5,085 $117,780 $35,650 $82,130
2021 $5,039 $117,780 $35,650 $82,130
2020 $4,955 $117,780 $35,650 $82,130
2019 $4,896 $117,780 $35,650 $82,130
2018 $4,782 $117,780 $35,650 $82,130
2017 $4,706 $117,780 $35,650 $82,130
2016 $467 $117,780 $35,650 $82,130
2015 $467 $117,780 $35,650 $82,130
2014 $467 $117,780 $35,650 $82,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009972822

Bright MLS

APN: 03-002-0216.0000