NOT LISTED FOR SALE

1316 Kerwood Ln Downingtown, PA 19335

Estimated Value: $417,073 - $438,000

4 Beds
2 Baths
1,052 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $350,000 $333 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,627/month

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Corner Lot
  • West Bradford Elementary School Rated A
  • Bonus Room
  • Breakfast Area or Nook

About This Home

As of January 2022

Welcome to this well maintained 4 bedroom, 2 full-bathroom home nestled on a flat lot in desirable Victoria Crossing community, located in award-winning Downingtown School District. As you enter into the home, you will notice the flow of the second level from the bright and spacious living room into the formal dining room and through to the kitchen. The kitchen boasts ample counter space and features a recently updated dishwasher (2017) and stove/oven (2017). This levels also includes new carpet throughout the living room, hallway, steps and bedrooms (2015). A spacious primary bedroom with ample closest space, two additional generously sized bedrooms and a recently updated full-hall bathroom (2017) complete this level. Continue to the lower level where you will find the bright, family room with wood stove and new Lifeproof LVP flooring (2020). The room continues out to the concrete patio (2017), a perfect spot for enjoying your morning coffee or entertaining. An additional bedroom with the updated flooring is located on this level. It may be used as bedroom or converted to a home office for additional space. A full bathroom, laundry area, bonus room and access to the attached garage round out this floor. Additional upgrades include a new attic fan (2019), three Mitsubishi mini-splits and condenser for cooling/heating (2018), chimney stucco (2013), new interior doors (2020) and updated baseboards (2016). All of these features and the home is close to public transportation, shopping, restaurants, and easy access to major highways.

Last Agent to Sell the Property

Eric Downs

(610) 883-3507 eric.downs@comcast.net Springer Realty Group License #RS317996 Listed on: 11/19/2021

Springer Realty Group

Last Buyer's Agent

Elizabeth Cusack

(610) 574-5081 bcusack@cbrealty.com Coldwell Banker Realty License #RS311535

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1981

Lot Details

  • 7,112 Sq Ft Lot
  • Cul-De-Sac
  • Northeast Facing Home
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is zoned R1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Block Foundation
  • Pitched Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry on lower level

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-in Shower

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Radiator
  • Programmable Thermostat
  • 200+ Amp Service
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, management
  • Victoria Crossing Subdivision

Listing and Financial Details

  • Tax Lot 0016
  • Assessor Parcel Number 50-05A-0016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,716

Year Built

Built in 1981

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Washer/Dryer
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-11-20
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven - Self Cleaning, Disposal, Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Attic/House Fan, Stove - Wood, Stall Shower, Breakfast Area
  • Window Features: Replacement
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1.5
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bonus Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1052
  • Living Area Sq Ft: 1052
  • Price Per Sq Ft: 318.44
  • Above Grade Finished Sq Ft: 1052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1316

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Satellite Dish
  • Roof: Pitched
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Radiator, Zoned, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 295.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R10
  • Lot Features: Corner, Cul-De-Sac, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7112.00
  • Year Assessed: 2021
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3143.00
  • Tax Annual Amount: 3716.00
  • Assessor Parcel Number: 50-05A-0016
  • Tax Lot: 0016
  • Tax Total Finished Sq Ft: 1052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/31/2022

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 31, 2022
Sold by
Ben Bonnett
Bought by
Long Daniel J and Burgette Ashley N
Seller's Agent
Eric Downs
Springer Realty Group
Buyer's Agent
Elizabeth Cusack
Coldwell Banker Realty
List Price
$335,000
Sold Price
$350,000
Premium/Discount to List
$15,000
4.48%
Current Estimated Value
$430,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,768
Avg. Annual Appreciation
4.31%
Original Mortgage
$325,500
Outstanding Balance
$304,782
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$103,268

Purchase Details

Listed on
Jul 30, 2012
Closed on
Dec 12, 2012
Sold by
Krumaker Fred A and Krumaker Lori B
Bought by
Bonnett Ben
Seller's Agent
Jeffrey Stluka
Coldwell Banker Realty
Buyer's Agent
Eric Downs
Springer Realty Group
List Price
$230,000
Sold Price
$214,000
Premium/Discount to List
-$16,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$210,123
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1998
Sold by
Semmelhaack John and Semmelhaack John F
Bought by
Krumaker Fred A and Krumaker Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,440
Interest Rate
6.74%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Long Daniel J $350,000 None Listed On Document
Bonnett Ben $214,000 None Available
Krumaker Fred A $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Daniel J $325,500
Previous Owner Bonnett Ben $210,123
Previous Owner Krumaker Fred A $153,000
Previous Owner Krumaker Fred A $124,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $350,000 +4.5% $333 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $335,000 +56.5% $318 / Sq Ft
12/14/2012 12/14/12 Sold $214,000 0.0% $203 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
09/21/2012 09/21/12 Price Changed $214,000 -2.3% $203 / Sq Ft
08/20/2012 08/20/12 Price Changed $219,000 -4.8% $208 / Sq Ft
07/30/2012 07/30/12 For Sale $230,000 -- $219 / 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 $3,924 $113,370 $31,690 $81,680
2024 $3,924 $113,370 $31,690 $81,680
2023 $3,810 $113,370 $31,690 $81,680
2022 $3,716 $113,370 $31,690 $81,680
2021 $3,654 $113,370 $31,690 $81,680
2020 $3,634 $113,370 $31,690 $81,680
2019 $3,577 $113,370 $31,690 $81,680
2018 $3,577 $113,370 $31,690 $81,680
2017 $3,577 $113,370 $31,690 $81,680
2016 $3,276 $113,370 $31,690 $81,680
2015 $3,276 $113,370 $31,690 $81,680
2014 $3,276 $113,370 $31,690 $81,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2010828

Bright MLS

APN: 50-05A-0016.0000