NOT LISTED FOR SALE

1531 Dowlin Forge Rd Downingtown, PA 19335

Estimated Value: $718,658 - $889,000

3 Beds
3 Baths
2,624 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $450,000 $171 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,756/month

Highlights

  • 2 Acre Lot
  • Colonial Architecture
  • Wood Burning Stove
  • East Ward Elementary School Rated A
  • Deck
  • Barn or Farm Building

About This Home

As of March 2016

Welcome to 1531 Dowlin Forge Road, a lovingly maintained and updated home by one owner for the last 35 years! If you are an old home buff, do not miss this opportunity to own across from the Struble Trail and Shamona Creek. Enjoy the flagstone front porch which leads to the main entrance into the living room, next to the living room is the den/office/study with adjacent full bath, back to the dining room with the original stone fireplace. There is an adjacent family room/sun room addition with tile floor, gas stove and ceiling fans. The updated eat-in kitchen features oak cabinets and stainless appliances. Mud Room/Laundry Room with outside entrance. Upstairs is a truly special master suite with French doors to the Juliet balcony, gas stove, large walk-in closet, en-suite bath with skylight, Jacuzzi tub and separate shower. Two additional bedrooms served by the hall bath. Walk-up to floored, insulated attic perfect for storage. The basement has perimeter drain system for dry storage. All the mechanicals are updated including the oil hot water boiler with three zones, electric hot water heater, and two separate central air systems. Detached, oversized two car garage with electronic door openers and steps leading to the second floor storage. All the charm and appeal of an older home with all the updates you would want including a whole house generator! Two building lots also available for sale (See MLS #6690070 and #6690076).

Last Agent to Sell the Property

William (Bill) McGarrigle

(610) 909-5563 bill@billmcgarrigleteam.com Keller Williams Real Estate -Exton License #AB049972L Listed on: 12/30/2015

Keller Williams Real Estate -Exton

Last Buyer's Agent

ERIK J. Lee

(267) 992-4685 erikleerealtor@gmail.com Keller Williams Main Line License #RS328302

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,767

Year Built

  • Built in 1840

Lot Details

  • 2 Acre Lot
  • Property is in good condition
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Metal Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,624 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System

Outdoor Features

  • Deck
  • Porch

Schools

  • Beaver Creek Elementary School
  • Downington Middle School
  • Downingtown High School West Campus

Farming

  • Barn or Farm Building

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0025
  • Assessor Parcel Number 33-03 -0025

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,767

Year Built

Built in 1840

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1840
  • Remarks Public: Welcome to 1531 Dowlin Forge Road, a lovingly maintained and updated home by one owner for the last 35 years! If you are an old home buff, do not miss this opportunity to own across from the Struble Trail and Shamona Creek. Enjoy the flagstone front porch which leads to the main entrance into the living room, next to the living room is the den/office/study with adjacent full bath, back to the dining room with the original stone fireplace. There is an adjacent family room/sun room addition with tile floor, gas stove and ceiling fans. The updated eat-in kitchen features oak cabinets and stainless appliances. Mud Room/Laundry Room with outside entrance. Upstairs is a truly special master suite with French doors to the Juliet balcony, gas stove, large walk-in closet, en-suite bath with skylight, Jacuzzi tub and separate shower. Two additional bedrooms served by the hall bath. Walk-up to floored, insulated attic perfect for storage. The basement has perimeter drain system for dry storage. All the mechanicals are updated including the oil hot water boiler with three zones, electric hot water heater, and two separate central air systems. Detached, oversized two car garage with electronic door openers and steps leading to the second floor storage. All the charm and appeal of an older home with all the updates you would want including a whole house generator! Two building lots also available for sale (See MLS #6690070 and #6690076).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Skylight(s), Ceiling Fan(s), Attic/House Fan, Stove - Wood, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 2624
  • Living Area Sq Ft: 2624
  • Net Sq Ft: 2624.00
  • Price Per Sq Ft: 186.36
  • Above Grade Finished Sq Ft: 2624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1531

Beds/Baths

  • Bedrooms: 3
  • 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
  • Other Structures List: Barn/Farm Building
  • Construction Materials: Stucco, Stone
  • Construction Completed: No
  • Roof: Pitched, Metal
  • 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
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: BEAVER CREEK
  • Middle School: DOWNINGTON
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • School District Key: 300200397436
  • Elementary School: BEAVER CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTON

Lot Info

  • Improvement Assessed Value: 167150.00
  • Land Assessed Value: 47920.00
  • Land Use Code: R10
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 281712
  • Tax Annual Amount: 6767.00
  • Assessor Parcel Number: 33-03 -0025
  • Tax Lot: 0025
  • Tax Year: 2016
  • Close Date: 03/18/2016

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2015
Closed on
Feb 22, 2016
Sold by
Jones Rita S
Bought by
Wisdom James Peyton and Wisdom Leeann Ellis
Seller's Agent
William (Bill) McGarrigle
Keller Williams Real Estate -Exton
Buyer's Agent
ERIK J. Lee
Keller Williams Main Line
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%
Current Estimated Value
$781,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,415
Avg. Annual Appreciation
6.19%
Original Mortgage
$360,000
Outstanding Balance
$284,938
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$513,781

Purchase Details

Closed on
May 5, 1999
Sold by
Jones Donald B and Jones Rita S
Bought by
Jones Rita S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Wisdom James Peyton $450,000 Midatlantic Title
Jones Rita S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wisdom James Peyton $360,000
Previous Owner Jones Rita S $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $450,000 -8.0% $171 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $489,000 -- $186 / 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 $7,362 $215,070 $47,920 $167,150
2024 $7,362 $215,070 $47,920 $167,150
2023 $7,147 $215,070 $47,920 $167,150
2022 $6,968 $215,070 $47,920 $167,150
2021 $6,851 $215,070 $47,920 $167,150
2020 $6,811 $215,070 $47,920 $167,150
2019 $6,811 $215,070 $47,920 $167,150
2018 $6,811 $215,070 $47,920 $167,150
2017 $6,811 $215,070 $47,920 $167,150
2016 $6,397 $215,070 $47,920 $167,150
2015 $6,397 $215,070 $47,920 $167,150
2014 $6,397 $215,070 $47,920 $167,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002756908

Bright MLS

APN: 33-003-0025.0000