NOT LISTED FOR SALE

1315 Broad Run Rd Landenberg, PA 19350

Estimated Value: $551,000 - $577,045

3 Beds
2.5 Baths
2,501 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $355,000 $142 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,763/month

Highlights

  • Cape Cod Architecture
  • Community Pool
  • Library
  • Kennett High School Rated A-
  • 2 Car Direct Access Garage
  • En-Suite Primary Bedroom

About This Home

As of September 2019

Hurry to see this ready to move in Cape Cod style home offering a luxurious 1st floor Master Suite nestled in the picturesque resort community of Somerset Lake. Featuring beautiful hardwoods, new w/w carpeting, new granite counters in the bright open kitchen w/new 5 burner gas range/oven, new dishwasher & new refrigerator. The open concept kitchen, breakfast room, family room is sure to please along with the cozy gas fireplace and slider access to the 2 tiered deck. There's also the convenience of the 1st floor laundry and a den/study that could be used as an additional bedroom should the need arise. The 2nd floor provides two spacious bedrooms and a ceramic tile hall bath. The full daylight walk out basement will accommodate all your storage needs, offers recreational space and future finishing potential. The efficient gas heater was installed 2010, has a new Aprilaire humidifier and the new hot water heater was installed 2019. This lovely community is centered around a 28 acre private lake were you can sail, canoe, fish and stroll along the walking trails while enjoying beautiful views. The community pool is just outside the clubhouse overlooking the lake, inside you'll find the fitness center, sauna and recreation room. Just next door are the tennis courts, basketball court, volleyball court and tot lot. What a great place to live! Just minutes to Wilmington, Newark, Kennett Square and a quick drive to West Chester. You're going to love it here! Take a look then take action.

Last Agent to Sell the Property

David Stilwell

(484) 645-4452 david@davidstilwell.com KW Greater West Chester License #RS149035A Listed on: 07/24/2019

KW Greater West Chester

Last Buyer's Agent

Kevin Glackin

(484) 753-4379 kglackinaps@gmail.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,645

Year Built

  • Built in 1995

Lot Details

  • 6,337 Sq Ft Lot
  • Property is zoned R2

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,501 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Library

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0522
  • Assessor Parcel Number 60-06 -0522

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pool(s), recreation facility, snow removal
  • Somerset Lake HOA, Phone Number (610) 274-0846
  • Somerset Lake Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,645

Year Built

Built in 1995

Lot Details

0

HOA Fees

$183 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1995
  • Remarks Public: Hurry to see this ready to move in Cape Cod style home offering a luxurious 1st floor Master Suite nestled in the picturesque resort community of Somerset Lake. Featuring beautiful hardwoods, new w/w carpeting, new granite counters in the bright open kitchen w/new 5 burner gas range/oven, new dishwasher & new refrigerator. The open concept kitchen, breakfast room, family room is sure to please along with the cozy gas fireplace and slider access to the 2 tiered deck. There's also the convenience of the 1st floor laundry and a den/study that could be used as an additional bedroom should the need arise. The 2nd floor provides two spacious bedrooms and a ceramic tile hall bath. The full daylight walk out basement will accommodate all your storage needs, offers recreational space and future finishing potential. The efficient gas heater was installed 2010, has a new Aprilaire humidifier and the new hot water heater was installed 2019. This lovely community is centered around a 28 acre private lake were you can sail, canoe, fish and stroll along the walking trails while enjoying beautiful views. The community pool is just outside the clubhouse overlooking the lake, inside you'll find the fitness center, sauna and recreation room. Just next door are the tennis courts, basketball court, volleyball court and tot lot. What a great place to live! Just minutes to Wilmington, Newark, Kennett Square and a quick drive to West Chester. You're going to love it here! Take a look then take action.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Library, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2501
  • Living Area Sq Ft: 2501
  • Price Per Sq Ft: 141.94
  • Above Grade Finished Sq Ft: 2501
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1315

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal
  • HOA Name: SOMERSET LAKE
  • HOA Phone: 6102740846
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 122770.00
  • Land Assessed Value: 56650.00
  • Land Use Code: R10
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6337.00
  • Year Assessed: 2019
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 369167
  • School Tax: 5553.00
  • Tax Annual Amount: 6645.00
  • Assessor Parcel Number: 60-06 -0522
  • Tax Lot: 0522
  • Tax Total Finished Sq Ft: 2501
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/30/2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 24, 2019
Sold by
Lynn Lynn A A and Fabiny Eugene S
Bought by
Wilson Theodore L and Wilson Ann R
Seller's Agent
David Stilwell
KW Greater West Chester
Buyer's Agent
Kevin Glackin
EXP Realty, LLC
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$564,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,011
Avg. Annual Appreciation
7.94%
Original Mortgage
$284,000
Outstanding Balance
$248,249
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$315,762

Purchase Details

Closed on
Feb 16, 2007
Sold by
Demeo Joseph M and De Meo Margaret Mary
Bought by
Lynn Lynn A A and Fabiny Eugene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Porter Larry E and Porter Linda
Bought by
Demeo Joseph M and Demeo Margaret Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1998
Sold by
Holt Thomas D and Holt Anita M
Bought by
Porter Larry E and Porter Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
7.03%

Purchase Details

Closed on
Apr 30, 1997
Sold by
Somerset Lake Associates
Bought by
Holt Thomas D and Holt Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.5%
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 Buyer Sale Price Title Company
Wilson Theodore L $355,000 None Available
Lynn Lynn A A $340,500 None Available
Demeo Joseph M $322,400 --
Porter Larry E $199,899 --
Holt Thomas D $196,019 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Theodore L $284,000
Previous Owner Lynn Lynn A A $272,400
Previous Owner Demeo Joseph M $250,000
Previous Owner Porter Larry E $179,900
Previous Owner Holt Thomas D $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $355,000 0.0% $142 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $355,000 -2.7% $142 / Sq Ft
07/24/2019 07/24/19 For Sale $365,000 -- $146 / 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 $7,186 $179,420 $56,650 $122,770
2024 $7,186 $179,420 $56,650 $122,770
2023 $6,945 $179,420 $56,650 $122,770
2022 $6,843 $179,420 $56,650 $122,770
2021 $6,774 $179,420 $56,650 $122,770
2020 $6,645 $179,420 $56,650 $122,770
2019 $6,555 $179,420 $56,650 $122,770
2018 $6,453 $179,420 $56,650 $122,770
2017 $6,321 $179,420 $56,650 $122,770
2016 $711 $179,420 $56,650 $122,770
2015 $711 $179,420 $56,650 $122,770
2014 $711 $179,420 $56,650 $122,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT485154

Bright MLS

APN: 60-006-0522.0000