NOT LISTED FOR SALE

Estimated Value: $277,000 - $452,000

2.04 Acres
$167,484 Price per Acre
88,862 Sq Ft Lot

Last Sold January 06, 2023

Last sale price $255,000

Est. 34% increase in value since last sale

Current estimated payment $2,035/month

254 Days on Market

Highlights

  • 2.04 Acre Lot
  • Creek or Stream View
  • No HOA
  • Springton Manor Elementary School Rated A
  • Partially Wooded Lot
  • Back, Front, and Side Yard

About This Lot

As of January 2023

Beautiful 2 Acre building lot in the award-winning Downingtown School District. This picturesque piece of land is bordered by mature trees and shrubbery. A brand-new oversized septic system large enough for 2 homes and a well that have already been installed. There are no builder tie-ins and the property located in the rear is registered in the clean and green program. In addition to the land this property includes an 1830’s stone farm house that has a new roof, flooring and ceilings. You will also find a parking area and driveway leading to the home. After renovations this home could be used as a primary residence, 2nd home on the property, a possible income producing property, in-law quarters, man cave, craft house etc. Close proximity to Marsh Creek, major routes, dining, shopping and much more. Be sure to schedule your appointment today!

Last Agent to Sell the Property

Dominick Fantanarosa

RE/MAX Action Associates License #AB067782 Listed on: 12/09/2021

RE/MAX Action Associates

Last Buyer's Agent

Gary Mercer

LPT Realty, LLC License #RS164185L

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,427

Year Built

  • 1914

Lot Details

  • 2.04 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is zoned R10

Property Views

  • Creek or Stream Views

Utilities

  • 100 Amp Service
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0109
  • Assessor Parcel Number 31-04 -0109

Property Details

Property Type

Land

Est. Annual Taxes

$1,427

Year Built

1914

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful 2 Acre building lot in the award-winning Downingtown School District. This picturesque piece of land is bordered by mature trees and shrubbery. A brand-new oversized septic system large enough for 2 homes and a well that have already been installed. There are no builder tie-ins and the property located in the rear is registered in the clean and green program. In addition to the land this property includes an 1830’s stone farm house that has a new roof, flooring and ceilings. You will also find a parking area and driveway leading to the home. After renovations this home could be used as a primary residence, 2nd home on the property, a possible income producing property, in-law quarters, man cave, craft house etc. Close proximity to Marsh Creek, major routes, dining, shopping and much more. Be sure to schedule your appointment today!
  • Special Features: None
  • Year Built: 1914

Interior Features

  • Price Per Sq Ft: 3.10
  • Street Number Modifier: 1480

Exterior Features

  • Construction Completed: No
  • View: Creek/Stream
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 14220.00
  • Land Use Code: R10
  • Lot Count: 1
  • Lot Features: Backs To Trees, Cleared, Front Yard, Level, Open, Partly Wooded, Rear Yard, Sideyard(s), Sloping, Trees/Wooded
  • Lot Size Acres: 2.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 88645.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Year Assessed: 2022
  • Zoning: R10
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 277732
  • School Tax: 1226.00
  • Tax Annual Amount: 1427.00
  • Assessor Parcel Number: 31-04 -0109
  • Tax Lot: 0109
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 01/06/2023

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 6, 2023
Sold by
Lewis Joseph P
Bought by
Lujan Madison and Lujan Justin
Seller's Agent
Dominick Fantanarosa
RE/MAX Action Associates
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%
Total Days on Market
254
Views
62
Current Estimated Value
$341,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,667
Avg. Annual Appreciation
12.74%
Original Mortgage
$191,250
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2016
Sold by
Lewis Joseph P
Bought by
Lewis Joseph P

Purchase Details

Closed on
Dec 2, 2015
Sold by
Forrest Teresa and Spatola Angela M
Bought by
Lewis Joseph P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lujan Madison $255,000 --
Lewis Joseph P -- None Available
Lewis Joseph P $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lujan Madison $660,000
Closed Lujan Madison $191,250
Previous Owner Spatola Angela M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $255,000 -7.3% --
05/24/2022 05/24/22 Price Changed $275,000 -4.8% --
12/09/2021 12/09/21 For Sale $289,000 -- --
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 $1,508 $44,220 $30,000 $14,220
2023 $1,464 $44,220 $30,000 $14,220
2022 $1,427 $44,220 $30,000 $14,220
2021 $1,403 $44,220 $30,000 $14,220
2020 $1,395 $44,220 $30,000 $14,220
2019 $1,395 $44,220 $30,000 $14,220
2018 $1,395 $44,220 $30,000 $14,220
2017 $1,395 $44,220 $30,000 $14,220
2016 $2,637 $85,930 $37,730 $48,200
2015 $2,637 $85,930 $37,730 $48,200
2014 $2,637 $85,930 $37,730 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2012956

Bright MLS

APN: 31-004-0109.0000