NOT LISTED FOR SALE

131 Prospect Ave Malvern, PA 19355

Estimated Value: $530,724 - $690,000

3 Beds
2 Baths
1,701 Sq Ft
$346/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $390,000 $229 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,448/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System
  • General Wayne Elementary School Rated A-
  • Ductless Heating Or Cooling System
  • 3-minute walk to Horace J. Quann Memorial Park

About This Home

As of November 2020

This adorable cape cod style home in Malvern Borough has just received a face lift and is available for rent! This home is located on a quiet side street that is walking distance to shops, restaurants, public transportation and Paoli Battlefield Park. Enter into the large living room with access to the bright and airy sunroom. There are charming built-in shelves and beautiful hardwood floors extending throughout the entire first and second floors. This home has a first floor bedroom and updated bathroom that includes a walk-in closet, tile shower and huge soaking tub. The kitchen has been tastefully updated with granite countertops, stainless steel appliances and plenty of cabinet space! Upstairs, you'll find two large bedrooms and a fun full bathroom with an old sewing machine stand that's been converted to a sink! There is a storage nook at the top of the stairs and access to storage under the eaves all along the hallway. Don't miss the partially finished basement - with laminate flooring and more built-in shelves, it would be great for a craft room or home gym! The laundry is also located in the basement. Out back is a huge deck overlooking the large yard - this could be a gardener's paradise! Lots of planting beds are already in place! This is not one to miss!

Last Agent to Rent the Property

Meghan McGarrigle

(610) 363-4300 klrw331@kw.com Keller Williams Real Estate -Exton License #RS315833 Listed on: 11/04/2020

Keller Williams Real Estate -Exton

Last Renter's Agent

William Pennewell

(610) 507-6632 hhpennewell@comcast.net Pennewell Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.27

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,701 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Schools

  • General Wayne Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,600
  • Tenant pays for all utilities
  • The owner pays for lawn/shrub care
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 11/4/20
  • $55 Application Fee
  • Assessor Parcel Number 02-07 -0018

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.27 Acres

Rental Info

  • Date Available: 2020-11-04
  • Application Fee: 55.00
  • Owner Pays: Lawn/Shrub Care
  • Pets Allowed: No
  • Security Deposit: 2600.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Inclusions: Washer/Dryer, Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1701
  • Living Area Sq Ft: 1701
  • Price Per Sq Ft: 1.53
  • Above Grade Finished Sq Ft: 1701
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GENERAL WAYNE
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY M.S.

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RESI

Tax Info

  • Assessor Parcel Number: 225451
  • Assessor Parcel Number: 02-07 -0018

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 1, 2019
Sold by
Kennedy Anne R
Bought by
Glane Llc
Seller's Agent
William (Bill) McGarrigle
Keller Williams Real Estate -Exton
Buyer's Agent
William (Bill) McGarrigle
Keller Williams Real Estate -Exton
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$588,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,431
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Regn David E and Woolard James J
Bought by
Kennedy Anne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 8, 1997
Sold by
Regn Karen M
Bought by
Regn David E and Woolard James J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Glane Llc $390,000 None Available
Kennedy Anne R $295,000 None Available
Regn David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Anne R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2020 11/21/20 Rented $2,600 0.0% --
11/09/2020 11/09/20 Under Contract -- -- --
11/04/2020 11/04/20 For Rent $2,600 0.0% --
11/01/2019 11/01/19 Sold $390,000 -2.5% $229 / Sq Ft View Prior Sale
09/23/2019 09/23/19 For Sale $399,900 -- $235 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
Source: Bright MLS

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 $4,637 $141,020 $51,980 $89,040
2024 $4,637 $141,020 $51,980 $89,040
2023 $4,533 $141,020 $51,980 $89,040
2022 $4,454 $141,020 $51,980 $89,040
2021 $4,376 $141,020 $51,980 $89,040
2020 $4,314 $141,020 $51,980 $89,040
2019 $4,278 $141,020 $51,980 $89,040
2018 $4,208 $141,020 $51,980 $89,040
2017 $4,173 $141,020 $51,980 $89,040
2016 $3,120 $141,020 $51,980 $89,040
2015 $3,120 $141,020 $51,980 $89,040
2014 $3,120 $141,020 $51,980 $89,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT520290

Bright MLS

APN: 02-007-0018.0000

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