NOT LISTED FOR SALE

Estimated Value: $698,000 - $856,000

5 Beds
3 Baths
3,620 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $387,000 $107 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,716/month

581 Days on Market

Highlights

  • 2 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Lionville Elementary School Rated A
  • Deck
  • Attic

About This Home

As of October 2016

Large updated colonial in Chester Springs on 2 acre lot. Finished lower level, patio, circular driveway. First time on market in 15 years. Owners have already purchased another home so quick settlement is possible. Fresh Paint, new roof, remodeled bath, new appliances, cul-de-sac street.

Last Agent to Sell the Property

John Kustafik

Times Real Estate, Inc. License #RM051893A Listed on: 02/19/2015

Last Buyer's Agent

Martin Lockhart

RE/MAX Preferred - Malvern License #AB061255L

RE/MAX Preferred - Malvern

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,269

Year Built

  • Built in 1974

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 245 x 348
  • Back and Side Yard
  • Property is in good condition

Parking

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

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Lionville Elementary And Middle School
  • Downingtown High School East Campus

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Dogwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 0088.0500
  • Assessor Parcel Number 34-01 -0088.0500

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,269

Year Built

Built in 1974

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, Main, Upper 1
  • Year Built: 1974
  • Remarks Public: Large updated colonial in Chester Springs on 2 acre lot. Finished lower level, patio, circular driveway. First time on market in 15 years. Owners have already purchased another home so quick settlement is possible. Fresh Paint, new roof, remodeled bath, new appliances, cul-de-sac street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Dining Area
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3620
  • Living Area Sq Ft: 3620
  • Net Sq Ft: 2620.00
  • Price Per Sq Ft: 160.27
  • Above Grade Finished Sq Ft: 2620
  • Below Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1442

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • 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
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: LIONVILLE
  • Middle School: LIONVILLE
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • School District Key: 300200397436
  • Elementary School: LIONVILLE
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • Middle Or Junior School: LIONVILLE

Lot Info

  • Improvement Assessed Value: 109630.00
  • Land Assessed Value: 85380.00
  • Land Use Code: R10
  • Lot Features: Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.00
  • Lot Dimensions: 245 X 348
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Balcony
  • Property Condition: Good
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 287436
  • Tax Annual Amount: 6269.00
  • Assessor Parcel Number: 34-01 -0088.0500
  • Tax Lot: 0088.0500
  • Tax Year: 2016
  • Close Date: 10/28/2016

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Oct 28, 2016
Sold by
Motwani Prakash J and Motwani Jaya P
Bought by
King Brandon C and Dimatteo Tiffany L
Seller's Agent
John Kustafik
Times Real Estate, Inc.
Buyer's Agent
Martin Lockhart
RE/MAX Preferred - Malvern
List Price
$489,900
Sold Price
$387,000
Premium/Discount to List
-$102,900
-21%
Current Estimated Value
$766,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,144
Avg. Annual Appreciation
8.22%
Original Mortgage
$309,600
Outstanding Balance
$251,867
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$527,786

Purchase Details

Closed on
Mar 30, 2001
Sold by
Martin Jean S
Bought by
Motwani Prakash B and Motwani Jaya P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.97%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Martin Jean S
Bought by
Martin Jean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.68%
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
King Brandon C $387,000 Attorney
Motwani Prakash B $265,000 --
Martin Jean S -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Brandon C $309,600
Previous Owner Motwani Prakash B $200,000
Previous Owner Motwani Prakash B $50,000
Previous Owner Motwani Prakash B $212,000
Previous Owner Martin Jean S $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $387,000 -7.8% $107 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/29/2016 08/29/16 Price Changed $419,900 -4.5% $116 / Sq Ft
06/22/2016 06/22/16 Price Changed $439,900 -8.3% $122 / Sq Ft
05/12/2016 05/12/16 Price Changed $479,900 -2.0% $133 / Sq Ft
02/22/2016 02/22/16 For Sale $489,900 +26.6% $135 / Sq Ft
02/19/2016 02/19/16 Off Market $387,000 -- --
02/19/2015 02/19/15 For Sale $489,900 -- $135 / 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 $6,893 $197,470 $85,380 $112,090
2024 $6,893 $197,470 $85,380 $112,090
2023 $6,613 $195,010 $85,380 $109,630
2022 $6,450 $195,010 $85,380 $109,630
2021 $6,344 $195,010 $85,380 $109,630
2020 $6,309 $195,010 $85,380 $109,630
2019 $6,309 $195,010 $85,380 $109,630
2018 $6,309 $195,010 $85,380 $109,630
2017 $6,309 $195,010 $85,380 $109,630
2016 $5,782 $195,010 $85,380 $109,630
2015 $5,782 $195,010 $85,380 $109,630
2014 $5,782 $195,010 $85,380 $109,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002538538

Bright MLS

APN: 34-001-0088.0500