1403 Raintree Ln Malvern, PA 19355
Malvern Neighborhood
3
Beds
2
Baths
1,799
Sq Ft
$582/mo
HOA Fee
Highlights
- Open Floorplan
- Clubhouse
- Stainless Steel Appliances
- General Wayne Elementary School Rated A-
- Community Pool
- Walk-In Closet
About This Home
As of April 2025Open House Sunday 3/9 1-3pm. Welcome to 1403 Raintree Ln, a beautifully maintained 1,799 sq. ft. condo in the highly sought-after Raintree Community of Malvern. This spacious 3-bedroom, 2-bathroom home offers comfort, style, and convenience. Located in the award-winning Great Valley School District, this is truly maintenance-free living. The monthly HOA fee covers nearly everything, including landscaping, appliance maintenance, common area and exterior building maintenance, heat, insurance, lawn care, sewer, trash, water, snow removal, and access to the community swimming pool. The open floor plan is ideal, the kitchen offers ample cabinet space and flows into the dining area. The bedrooms are filled with natural light and offer plenty of closet space. A private balcony is the perfect outdoor retreat. Situated in a prime location, this home is just minutes from Malvern Borough, with easy access to shops, dining, major highways, and public transportation. This move-in ready condo is a rare find at $369,000—don’t miss this incredible opportunity to own in one of Malvern’s most desirable communities. Conveniently located in the heart of Malvern Boro just 1 mile from Malvern Train Station for easy commuting. Close to Malvern's charming restaurants, cafes and shopping options, schedule your private tour today!
Last Agent to Sell the Property
RE/MAX Main Line - Devon License #RS361425 Listed on: 03/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,268
Year Built
- Built in 1972
Lot Details
- Property is in excellent condition
HOA Fees
- $582 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,799 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Living Room
- Dining Room
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- General Wayne Elementary School
- Great Valley Middle School
- Great Valley High School
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 0290
- Assessor Parcel Number 02-06 -0290
Community Details
Overview
- $1,746 Capital Contribution Fee
- Association fees include all ground fee, appliance maintenance, common area maintenance, exterior building maintenance, heat, insurance, lawn maintenance, pool(s), sewer, snow removal, trash, water, road maintenance, parking fee
- Raintree HOA
- Low-Rise Condominium
- Raintree Subdivision
- Property Manager
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Apr 16, 2025
Sold by
Canaku Ervis and Canaku Semira
Bought by
Clarrochi Daniel
Seller's Agent
Anna Brogan
RE/MAX Main Line - Devon
Buyer's Agent
Ralph Iacovino
BHHS Fox & Roach Malvern-Paoli
List Price
$369,000
Sold Price
$395,000
Premium/Discount to List
$26,000
7.05%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,364
Avg. Annual Appreciation
2.38%
Original Mortgage
$282,000
Outstanding Balance
$281,005
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$117,359
Purchase Details
Listed on
Jul 6, 2018
Closed on
Aug 16, 2018
Sold by
Magno Mark J and Estate Of Marian H Walsh
Bought by
Canaku Ervis and Canaku Semira
Seller's Agent
William (Bill) McGarrigle
Keller Williams Real Estate -Exton
Buyer's Agent
Lynn Seeburger
BHHS Fox & Roach Wayne-Devon
List Price
$200,900
Sold Price
$200,950
Premium/Discount to List
$50
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$153,600
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 1984
Bought by
Walsh Marian H
Similar Home in Malvern, PA
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 |
|---|---|---|---|
| Special Warranty Deed | $395,000 | Germantown Title | |
| Special Warranty Deed | $395,000 | Germantown Title | |
| Deed | $200,950 | Trident Land Transfer Compan | |
| Deed | $78,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $282,000 | New Conventional | |
| Closed | $282,000 | New Conventional | |
| Previous Owner | $153,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $395,000 | +7.0% | $220 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $369,000 | +83.6% | $205 / Sq Ft |
| 09/04/2018 09/04/18 | Sold | $200,950 | 0.0% | $112 / Sq Ft |
| 07/27/2018 07/27/18 | Pending | -- | -- | -- |
| 07/06/2018 07/06/18 | For Sale | $200,900 | -- | $112 / Sq Ft |
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 | $3,199 | $97,300 | $24,180 | $73,120 |
| 2024 | $3,199 | $97,300 | $24,180 | $73,120 |
| 2023 | $3,127 | $97,300 | $24,180 | $73,120 |
| 2022 | $3,073 | $97,300 | $24,180 | $73,120 |
| 2021 | $3,019 | $97,300 | $24,180 | $73,120 |
| 2020 | $2,976 | $97,300 | $24,180 | $73,120 |
| 2019 | $2,951 | $97,300 | $24,180 | $73,120 |
| 2018 | $2,903 | $97,300 | $24,180 | $73,120 |
| 2017 | $2,879 | $97,300 | $24,180 | $73,120 |
| 2016 | $2,114 | $97,300 | $24,180 | $73,120 |
| 2015 | $2,114 | $97,300 | $24,180 | $73,120 |
| 2014 | $2,114 | $97,300 | $24,180 | $73,120 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Brogan
A
Seller's Agent in 2025
Anna Brogan
RE/MAX Main Line - Devon
(215) 272-2786
1 in this area
35 Total Sales
-
Ralph Iacovino
Buyer's Agent in 2025
Ralph Iacovino
BHHS Fox & Roach
(215) 431-6060
2 in this area
105 Total Sales
-
William (Bill) McGarrigle
Seller's Agent in 2018
William (Bill) McGarrigle
Keller Williams Real Estate -Exton
(610) 909-5563
17 in this area
177 Total Sales
-
Lynn Seeburger
Buyer's Agent in 2018
Lynn Seeburger
BHHS Fox & Roach
(610) 256-1996
26 Total Sales
Map
Source: Bright MLS
MLS Number: PACT2092514
APN: 02-006-0290.0000
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