NOT LISTED FOR SALE

145 Summit Rd Malvern, PA 19355

Estimated Value: $921,000 - $990,000

5 Beds
3 Baths
4,218 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $750,000 $178 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,725/month

44 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Post and Beam
  • Sugartown Elementary School Rated A-
  • Curved or Spiral Staircase
  • Cathedral Ceiling

About This Home

As of July 2021

Due to a job relocation these sellers are heartbroken to have to leave this once in a lifetime custom built 5 bed room 3 full bath, post and beam style home is now ready for its new family to move in. Starting its life as a small log cabin built in the 50s, the current owner transformed it into this master piece! The outside is simply amazing. The yard is fenced in with wonderful outdoor living spaces to enjoy. There is a quiet patio off the cabin for your morning coffee and then around the corner on the other side is the indoor outdoor living space, with paver patio, covered roof bar area, overhead trellis and the focal point is the large outdoor free standing fireplace! The exterior is hewn white pine wood siding on addition and logs on cabin with standing seam metal roof! You will be so amazed when you enter this home with the 20 ft vaulted post and beam interior which is all hand made with peg and mortised joints. The center piece of the living room is the massive double sided cobblestone block fireplace with built in brick oven pizza! You will be taken aback by the stunning craftsmanship of this home from the ornate railings to the white pine wide plank hardwood floors milled on site. This home has an amazing open floor plan that makes for fantastic entertaining! A massively beautiful kitchen is a chefs dream, starting with the large island that seats 6 with a quartzite and Brazilian teak butcher block top. This kitchen does not lack storage space with its multiple slow close drawers, large walk in pantry with sliding barn door, soapstone country sink, beautiful brick inlay on the back wall, a built in wine fridge and microwave both in the island, double oven with 6 burner gas range with pot filler and large kitchen hood! If that isn’t enough area to entertain and eat there is a perfect spot for that big dining room table. The great room has radiant floor heating which makes it very toasty in there even without the fireplace. Behind the fireplace is a custom made bar area with exposed beams, a full bath with frameless shower, country sink with radiant floor heating and bedroom or office, whatever works for you. The cabin part of the home is just as spectacular with its exposed beams, vaulted ceilings, stone fireplace, wide plank flooring, exposed interior log walls, full bathroom, office area or bedroom and big bedroom in the loft space above. This could be an au pair suite as well or use the entire area as your home office area. Up the custom built wood steps to the second floor across the catwalk, look out over the great room for the best view of this home. Upstairs laundry, large master bathroom that also has radiant floor heat with connecting door to main area. Master bedroom and 4th bedroom on opposite sides with all the same features as the rest of the home plus spiral stair case to 3rd floor loft; again great for at home office space. Great Valley schools, and located near downtown Malvern and West Chester boro, the R5 train line, Wegmans 202 and PA Turnpike. This is truly a "Once in a Lifetime" home that you can call your own!

Last Agent to Sell the Property

Michael McDaid

(610) 283-2184 Mike@MikeMcDaid.com RE/MAX Action Associates License #RS279058 Listed on: 04/17/2021

RE/MAX Action Associates

Last Buyer's Agent

Antoinette Leidy

(215) 582-4674 leidy.homes@gmail.com Realty One Group Advocates

Realty One Group Advocates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,612

Year Built

  • Built in 2010

Lot Details

  • 0.64 Acre Lot
  • Split Rail Fence
  • Landscaped
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

Home Design

  • Post and Beam
  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,218 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • 2 Fireplaces
  • Double Sided Fireplace
  • Free Standing Fireplace
  • Stone Fireplace
  • Great Room
  • Family Room Overlook on Second Floor
  • Family Room on Second Floor
  • Combination Kitchen and Living
  • Loft
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Circular Driveway

Outdoor Features

  • Patio

Schools

  • Sugartown Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Powered By Leased Propane
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Summit Ridge Subdivision

Listing and Financial Details

  • Tax Lot 0039
  • Assessor Parcel Number 42-07B-0039

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,612

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Post & Beam, Cabin/Lodge
  • Ownership: Fee Simple
  • Inclusions: All appliances in "As Is" Condition rest negotiable
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-04-17
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Bar, Breakfast Area, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Spiral Staircase, Upgraded Countertops, Wood Floors
  • Fireplace Features: Double Sided, Free Standing, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings, High
  • Levels Count: 3
  • Room List: 2nd Stry Fam Ovrlk, 2nd Stry Fam Rm, Great Room, Loft, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4218
  • Living Area Sq Ft: 4218
  • Price Per Sq Ft: 183.74
  • Above Grade Finished Sq Ft: 4218
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Propane - Leased
  • Heating Type: Radiant, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SUGARTOWN
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Split Rail
  • Improvement Assessed Value: 240410.00
  • Land Assessed Value: 43540.00
  • Lot Features: Front Yard, Landscaping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.64
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27689.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 311404
  • School Tax: 6193.00
  • Tax Annual Amount: 7612.00
  • Assessor Parcel Number: 42-07B-0039
  • Tax Lot: 0039
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jul 9, 2021
Sold by
Domenick Anthony
Bought by
Byrnes Patrick and Byrnes Lauren
Seller's Agent
Michael McDaid
RE/MAX Action Associates
Buyer's Agent
Antoinette Leidy
Realty One Group Advocates
List Price
$837,000
Sold Price
$750,000
Premium/Discount to List
-$87,000
-10.39%
Current Estimated Value
$970,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,852
Avg. Annual Appreciation
5.85%
Original Mortgage
$712,500
Outstanding Balance
$646,780
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$322,292

Purchase Details

Closed on
May 29, 2009
Sold by
Lockhart Ronald
Bought by
Domenick Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,700
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Byrnes Patrick $750,000 New Doors Abstract Llc
Domenick Anthony $228,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrnes Patrick $712,500
Previous Owner Domenick Anthony $344,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $750,000 -3.2% $178 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/20/2021 05/20/21 Price Changed $775,000 -7.4% $184 / Sq Ft
04/17/2021 04/17/21 For Sale $837,000 -- $198 / 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 $8,137 $283,950 $43,540 $240,410
2024 $8,137 $283,950 $43,540 $240,410
2023 $7,927 $283,950 $43,540 $240,410
2022 $7,768 $283,950 $43,540 $240,410
2021 $7,612 $283,950 $43,540 $240,410
2020 $7,486 $283,950 $43,540 $240,410
2019 $7,414 $283,950 $43,540 $240,410
2018 $7,273 $283,950 $43,540 $240,410
2017 $7,273 $283,950 $43,540 $240,410
2016 $5,681 $283,950 $43,540 $240,410
2015 $5,681 $283,950 $43,540 $240,410
2014 $5,681 $283,950 $43,540 $240,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT532824

Bright MLS

APN: 42-07B-0039.0000