NOT LISTED FOR SALE

131 Magnolia St Kennett Square, PA 19348

Estimated Value: $494,000 - $772,000

4 Beds
3.5 Baths
2,728 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $475,000 $174 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,175/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Kennett High School Rated A-
  • No HOA
  • 1 Car Detached Garage

About This Home

As of July 2018

Beautifully restored property in the heart of Kennett Square on a quiet street just two blocks from downtown shops. Get the charm of a historic home with the peace of mind of brand new house systems installed in 2018. The home has all new electric wiring and light fixtures, new plumbing and fixtures, new two zone natural gas heating and central air conditioning, a new electric water heater and the roofs have either been restored or completely replaced. The home has high ceilings, stunning stained glass windows throughout, and newly refinished hardwood on the first and second floors. The open floor plan kitchen is completely new with granite counter-tops, and tile flooring and back-splash. There is a brand new gas range with a self-venting hood and custom cabinets for plenty of storage. Off the kitchen is an entry mudroom, a staging area and a spacious laundry room with an antique farmhouse sink. There are 4 large bedrooms, 3 full bathrooms and 1 half bathroom. The master suite has 5 stained glass windows, a walk-in closet and a custom designed bathroom. The master bath is equipped with a tiled walk-in shower with a soapstone threshold and bench, a large marble-topped double vanity, and a toilet room with an antique frosted glass pocket door. The exterior features a large front porch, a patio in the back, a new driveway for three cars and a one car garage with additional area for storage. The property is freshly landscaped with an inviting entertaining space in the back. The stylish decor with quality touches like original all wood doors and restored hinges, door hardware and molding, makes this a unique find. Come see this rare "move-in ready" home, all it needs is you!

Last Agent to Sell the Property

Erin Beattie

Springer Realty Group Listed on: 07/10/2018

Springer Realty Group

Last Buyer's Agent

John Guerrera

RE/MAX Action Associates License #AB061749L

RE/MAX Action Associates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 1883

Lot Details

  • 5,800 Sq Ft Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,728 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Brick Fireplace
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Patio
  • Porch

Schools

  • Mary D Lang Kindergarten Center Elementary School
  • Kennett Middle School
  • Kennett High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kennett Sq Subdivision

Listing and Financial Details

  • Tax Lot 0064
  • Assessor Parcel Number 03-04 -0064

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,831

Year Built

Built in 1883

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1883
  • Remarks Public: Beautifully restored property in the heart of Kennett Square on a quiet street just two blocks from downtown shops. Get the charm of a historic home with the peace of mind of brand new house systems installed in 2018. The home has all new electric wiring and light fixtures, new plumbing and fixtures, new two zone natural gas heating and central air conditioning, a new electric water heater and the roofs have either been restored or completely replaced. The home has high ceilings, stunning stained glass windows throughout, and newly refinished hardwood on the first and second floors. The open floor plan kitchen is completely new with granite counter-tops, and tile flooring and back-splash. There is a brand new gas range with a self-venting hood and custom cabinets for plenty of storage. Off the kitchen is an entry mudroom, a staging area and a spacious laundry room with an antique farmhouse sink. There are 4 large bedrooms, 3 full bathrooms and 1 half bathroom. The master suite has 5 stained glass windows, a walk-in closet and a custom designed bathroom. The master bath is equipped with a tiled walk-in shower with a soapstone threshold and bench, a large marble-topped double vanity, and a toilet room with an antique frosted glass pocket door. The exterior features a large front porch, a patio in the back, a new driveway for three cars and a one car garage with additional area for storage. The property is freshly landscaped with an inviting entertaining space in the back. The stylish decor with quality touches like original all wood doors and restored hinges, door hardware and molding, makes this a unique find. Come see this rare "move-in ready" home, all it needs is you!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Energy Efficient Appliances
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Stain/Lead Glass, Breakfast Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room Count: 16
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2728
  • Living Area Sq Ft: 2728
  • Net Sq Ft: 2728.00
  • Price Per Sq Ft: 183.25
  • Above Grade Finished Sq Ft: 2728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Brick, Stone
  • 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
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: KENNETT CONSOLIDATED
  • Elementary School: MARY D LANG KINDERGARTEN CENTER
  • Middle School: KENNETT
  • High School: KENNETT
  • School District Key: 300200397335
  • Elementary School: MARY D LANG KINDERGARTEN CENTER
  • High School: KENNETT
  • Middle Or Junior School: KENNETT

Lot Info

  • Improvement Assessed Value: 88720.00
  • Land Assessed Value: 28620.00
  • Land Use Code: R10
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.13
  • Lot Dimensions: 40 FT X 145 FT
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5800.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 226331
  • Tax Annual Amount: 4831.00
  • Assessor Parcel Number: 03-04 -0064
  • Tax Lot: 0064
  • Tax Year: 2018
  • Close Date: 07/31/2018

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Knox William J and Knox Lisa A
Bought by
Klt Properties Llc
Total Days on Market
9
Current Estimated Value
$613,082

Purchase Details

Closed on
Jun 21, 2019
Sold by
Knox William J
Bought by
Knox William J and Knox Lisa A

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jul 31, 2018
Sold by
Cooper Hawk Realty Llc
Bought by
Knoxs William S
Seller's Agent
Erin Beattie
Springer Realty Group
Buyer's Agent
John Guerrera
RE/MAX Action Associates
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Martelli Matthew P
Bought by
Cooper Hawk Realty Llc

Purchase Details

Closed on
Feb 20, 2006
Sold by
Martelli Matthew P and Martelli Ernest P
Bought by
Martelli Matthew P

Purchase Details

Closed on
Sep 29, 2005
Sold by
Martelli Matthew
Bought by
Martelli Matthew P and Martelli Ernest P

Purchase Details

Closed on
Feb 23, 2005
Sold by
Martelli Ernest P and Martelli Yvonne L
Bought by
Martelli Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Klt Properties Llc $391,324 None Available
Knox William J -- None Available
Knoxs William S $475,000 None Available
Cooper Hawk Realty Llc $215,000 None Available
Martelli Matthew P -- None Available
Martelli Matthew P -- --
Martelli Matthew $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martelli Matthew $93,800
Previous Owner Martelli Matthew $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $475,000 -5.0% $174 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $499,900 -- $183 / 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 $8,952 $183,720 $28,620 $155,100
2023 $8,678 $183,720 $28,620 $155,100
2022 $7,932 $183,720 $28,620 $155,100
2021 $7,861 $183,720 $28,620 $155,100
2020 $7,729 $183,720 $28,620 $155,100
2019 $7,637 $183,720 $28,620 $155,100
2018 $4,764 $117,340 $28,620 $88,720
2017 $4,689 $117,340 $28,620 $88,720
2016 $465 $117,340 $28,620 $88,720
2015 $465 $117,340 $28,620 $88,720
2014 $465 $117,340 $28,620 $88,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002018024

Bright MLS

APN: 03-004-0064.0000