NOT LISTED FOR SALE

14 Founders Way Downingtown, PA 19335

Estimated Value: $1,131,598 - $1,304,000

4 Beds
3.5 Baths
6,342 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $650,000 $102 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,747/month

37 Days on Market

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Shamona Creek Elementary School Rated A
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of July 2014

Nestled in the Lakeridge community, this magnificent Estate Manor Home is exquisitely appointed, extensively upgraded & offers spacious, exceptionally light filled rooms. The 2 story Reception Hall is highlighted by a stunning butterfly wood staircase. An informal Living Room has hardwood flooring-found throughout, custom wet bar with marble top & opens to the expansive Sun Room with vaulted ceiling & 3 walls-of-windows. 2 Sets of French doors lead to the Study. A Butler's Pantry serves the elegant Dining Room. The updated Kitchen offers a center island & appliances by SubZero, Thermador & Bosch, while the Breakfast Room has built-in bench seating. A vaulted ceiling with 2 skylights & fireplace with stone surround enhance the Family Room. The Mud/Laundry Room provides access to the grounds & Garage. Located on the 2nd floor, the spacious Master Suite includes a Sitting Room, Bonus Room & luxurious marble Bathroom, together with 3 additional Bedrooms & 2 Baths. The Lower Level features a Home Theater with stadium seating, large Recreation Room with built-in workstations, Bathroom & adjacent Bonus Room. A 12 zone sprinkler system has been installed. The professionally landscaped rear grounds include a custom Terrace with Pergola & some of the most breathtaking views imaginable.

Last Agent to Sell the Property

Robin Gordon

BHHS Fox & Roach-Haverford License #AB049690L Listed on: 03/20/2014

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Jonathan Cohen

Keller Williams - Main Street

Keller Williams - Main Street

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,800

Year Built

  • Built in 1995

Lot Details

  • 1 Acre Lot
  • Sprinkler System
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 6,342 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakeridge Subdivision

Listing and Financial Details

  • Tax Lot 0025.3600
  • Assessor Parcel Number 32-06 -0025.3600

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,800

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1995
  • Remarks Public: Nestled in the Lakeridge community, this magnificent Estate Manor Home is exquisitely appointed, extensively upgraded & offers spacious, exceptionally light filled rooms. The 2 story Reception Hall is highlighted by a stunning butterfly wood staircase. An informal Living Room has hardwood flooring-found throughout, custom wet bar with marble top & opens to the expansive Sun Room with vaulted ceiling & 3 walls-of-windows. 2 Sets of French doors lead to the Study. A Butler's Pantry serves the elegant Dining Room. The updated Kitchen offers a center island & appliances by SubZero, Thermador & Bosch, while the Breakfast Room has built-in bench seating. A vaulted ceiling with 2 skylights & fireplace with stone surround enhance the Family Room. The Mud/Laundry Room provides access to the grounds & Garage. Located on the 2nd floor, the spacious Master Suite includes a Sitting Room, Bonus Room & luxurious marble Bathroom, together with 3 additional Bedrooms & 2 Baths. The Lower Level features a Home Theater with stadium seating, large Recreation Room with built-in workstations, Bathroom & adjacent Bonus Room. A 12 zone sprinkler system has been installed. The professionally landscaped rear grounds include a custom Terrace with Pergola & some of the most breathtaking views imaginable.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Dishwasher
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Whirlpool/Hottub, Sprinkler System, Dining Area
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 6342
  • Living Area Sq Ft: 6342
  • Net Sq Ft: 6342.00
  • Price Per Sq Ft: 108.80
  • Above Grade Finished Sq Ft: 6342
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436

Lot Info

  • Improvement Assessed Value: 318220.00
  • Land Assessed Value: 77100.00
  • Land Use Code: R10
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 280577
  • Tax Annual Amount: 12800.00
  • Assessor Parcel Number: 32-06 -0025.3600
  • Tax Lot: 0025.3600
  • Tax Year: 2014
  • Close Date: 07/14/2014

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jul 14, 2014
Sold by
Irvine Michael F and Irvine Lisa A
Bought by
Barrett James and Barrett Julie
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
Jonathan Cohen
Keller Williams - Main Street
List Price
$690,000
Sold Price
$650,000
Premium/Discount to List
-$40,000
-5.8%
Current Estimated Value
$1,192,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,900
Avg. Annual Appreciation
5.08%
Original Mortgage
$617,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1995
Sold by
Lakeridge Lp
Bought by
Irvine Michael F and Irvine Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.62%
Source: Public Records

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
Barrett James $650,000 First American Title Ins Co
Irvine Michael F $410,694 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett James $570,000
Closed Barrett James $617,500
Previous Owner Irvine Michael F $393,516
Previous Owner Irvine Michael F $417,000
Previous Owner Irvine Michael F $300,000
Previous Owner Iravine Michael F $412,000
Previous Owner Irvine Michael F $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $650,000 -5.8% $102 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $690,000 -- $109 / 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 $13,893 $395,320 $77,100 $318,220
2023 $13,497 $395,320 $77,100 $318,220
2022 $13,169 $395,320 $77,100 $318,220
2021 $12,953 $395,320 $77,100 $318,220
2020 $12,882 $395,320 $77,100 $318,220
2019 $12,882 $395,320 $77,100 $318,220
2018 $12,882 $395,320 $77,100 $318,220
2017 $12,882 $395,320 $77,100 $318,220
2016 $12,373 $395,320 $77,100 $318,220
2015 $12,373 $395,320 $77,100 $318,220
2014 $12,373 $395,320 $77,100 $318,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003562275

Bright MLS

APN: 32-006-0025.3600