Seller's Agent in 2025
Alex Ercole
Keller Williams Real Estate -Exton
(570) 412-9274
1 in this area
121 Total Sales
1402 Raintree Ln Unit 1402 Malvern, PA 19355
1
Bed
1
Bath
928
Sq Ft
$381/mo
HOA Fee
Highlights
- Traditional Architecture
- Main Floor Bedroom
- No Interior Steps
- General Wayne Elementary School Rated A-
- Community Pool
- Luxury Vinyl Plank Tile Flooring
About This Home
As of September 2025Welcome to this beautifully maintained, move-in ready FIRST FLOOR condo in the sought-after Raintree community. This 1-bedroom, 1-bath home offers comfortable, low-maintenance living in a prime Malvern location. Inside, you’ll find a spacious, light-filled open living area that flows effortlessly into the updated kitchen and dining space. Step outside to your private covered porch—the perfect spot to enjoy a morning coffee or relax on warm summer evenings. Just minutes from downtown Malvern, you’ll be within walking distance to local favorites like the Malvern Buttery, Brick & Brew, The Flying Pig, Anthony’s, and a variety of shops and boutiques. You’re also close to the Malvern SEPTA station, Wegmans, Target, and major routes, including Route 30 and the PA Turnpike. The best part? The monthly condo fee covers almost everything: heat, water, sewer, trash, landscaping, snow removal, appliance maintenance, exterior building upkeep, and even access to the community swimming pool—allowing you to truly enjoy a low-maintenance lifestyle.
Last Agent to Sell the Property
(570) 412-9274 alexandra@garymercerteam.com Keller Williams Real Estate -Exton Listed on: 08/13/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,496
Year Built
- Built in 1972
HOA Fees
- $381 Monthly HOA Fees
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 928 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
Accessible Home Design
- Grab Bars
- No Interior Steps
- Level Entry For Accessibility
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- No Smoking Allowed
- Tax Lot 0289
- Assessor Parcel Number 02-06 -0289
Community Details
Overview
- $1,425 Capital Contribution Fee
- Association fees include appliance maintenance, common area maintenance, exterior building maintenance, heat, pool(s), sewer, snow removal, trash, water
- Low-Rise Condominium
- Raintree Subdivision
Recreation
- Community Pool
Pet Policy
- Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2025
Closed on
Sep 8, 2025
Sold by
Linsley John
Bought by
Quittner Jessica B
Seller's Agent
Alex Ercole
Keller Williams Real Estate -Exton
Buyer's Agent
Mike Ciunci
KW Greater West Chester
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.93%
Original Mortgage
$221,000
Outstanding Balance
$221,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$32,276
Purchase Details
Listed on
Mar 13, 2020
Closed on
Apr 14, 2020
Sold by
Creely Raymond J and Creely Susanna Day
Bought by
Linsley John
Seller's Agent
Marlyne Caruolo
Coldwell Banker Realty
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$180,000
Sold Price
$177,000
Premium/Discount to List
-$3,000
-1.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$123,900
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 22, 2017
Closed on
Mar 8, 2017
Sold by
Pyne Gerard J
Bought by
Creely Raymond J and Creely Susanna Day
Seller's Agent
Marlyne Caruolo
Coldwell Banker Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$172,500
Sold Price
$172,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Purchase Details
Closed on
Oct 3, 2006
Sold by
Summers Bernard J and Chase Charlie
Bought by
Pyne Catherine L
Purchase Details
Closed on
Mar 19, 2001
Sold by
Matz Anthony J
Bought by
Summers Bernard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.93%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | Premier Settlement Services | |
| Deed | $177,000 | Chesco Settlement Svcs Llc | |
| Deed | $172,500 | Title Services | |
| Deed | $145,000 | None Available | |
| Deed | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $221,000 | New Conventional | |
| Previous Owner | $123,900 | New Conventional | |
| Previous Owner | $66,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $260,000 | +2.0% | $280 / Sq Ft | |
| 08/13/2025 08/13/25 | For Sale | $255,000 | +44.1% | $275 / Sq Ft | |
| 04/17/2020 04/17/20 | Sold | $177,000 | -1.7% | $206 / Sq Ft | View Prior Sale |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- | |
| 03/13/2020 03/13/20 | For Sale | $180,000 | +4.3% | $209 / Sq Ft | |
| 03/30/2017 03/30/17 | Sold | $172,500 | 0.0% | $200 / Sq Ft | View Prior Sale |
| 02/23/2017 02/23/17 | Pending | -- | -- | -- | |
| 02/22/2017 02/22/17 | For Sale | $172,500 | 0.0% | $200 / Sq Ft | |
| 02/20/2015 02/20/15 | Rented | $1,100 | 0.0% | -- | |
| 02/04/2015 02/04/15 | Under Contract | -- | -- | -- | |
| 01/04/2015 01/04/15 | For Rent | $1,100 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,341 | $71,210 | $11,570 | $59,640 |
| 2024 | $2,341 | $71,210 | $11,570 | $59,640 |
| 2023 | $2,289 | $71,210 | $11,570 | $59,640 |
| 2022 | $2,249 | $71,210 | $11,570 | $59,640 |
| 2021 | $2,210 | $71,210 | $11,570 | $59,640 |
| 2020 | $2,178 | $71,210 | $11,570 | $59,640 |
| 2019 | $2,160 | $71,210 | $11,570 | $59,640 |
| 2018 | $2,125 | $71,210 | $11,570 | $59,640 |
| 2017 | $2,107 | $71,210 | $11,570 | $59,640 |
| 2016 | $1,514 | $71,210 | $11,570 | $59,640 |
| 2015 | $1,514 | $71,210 | $11,570 | $59,640 |
| 2014 | $1,514 | $71,210 | $11,570 | $59,640 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Ercole
-
Mike Ciunci
Buyer's Agent in 2025
Mike Ciunci
KW Greater West Chester
(610) 256-1609
2 in this area
416 Total Sales
-
Marlyne Caruolo
Seller's Agent in 2020
Marlyne Caruolo
Coldwell Banker Realty
(610) 331-6180
18 Total Sales
-
Gary Mercer
Buyer's Agent in 2020
Gary Mercer
LPT Realty, LLC
(610) 467-5319
4 in this area
1,818 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2017
datacorrect BrightMLS
Non Subscribing Office
-
Fred Lockett
Buyer's Agent in 2015
Fred Lockett
Coldwell Banker Realty
(610) 804-7264
13 Total Sales
Map
Source: Bright MLS
MLS Number: PACT2106006
APN: 02-006-0289.0000
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