NOT LISTED FOR SALE

1548 Millrace Ln West Chester, PA 19380

Estimated Value: $730,275 - $874,000

4 Beds
2.5 Baths
2,170 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $497,500 $229 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,980/month

51 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • East Goshen Elementary School Rated A
  • Cathedral Ceiling
  • Attic

About This Home

As of July 2016

This lovely home in the amazing community of Hershey's Mill Estates (NOT the 55 community!) has an updated Kitchen w/ Granite Countertops, hardwood floors and is ready for you to move right in! Situated on a beautifully landscaped flat lot w/ a huge back yard & patio, and with its open floor plan, this home invites grand entertaining or quiet relaxing. You'll also find a cozy deck just off the living room just right for enjoying your morning coffee. Pride of ownership is evident from the moment you arrive. The exterior of the home has been updated with newly sealed & painted siding and stucco, a new roof, newer windows, beautiful custom walkway and new exterior lighting, beautiful landscaping, and new Rusticraft fencing . . . this property says "Welcome Home!" With its updated Master Bath, gas fireplace and new high-efficiency washer & dryer, you'll feel totally confident that this is the home you've been searching for. (Please Note: The 4th Bedroom has been converted to a beautiful Dressing Room. The seller is happy to remove all shelving and restore it to a bedroom prior to settlement.) The home owner is also providing a one-year HMS Home Warranty to give you complete peace of mind. The charming community of Hershey's Mill Estates, with its LOW West Chester taxes and LOW LOW HOA fees, is one of the best kept secrets in Chester County. With acres of common grounds, pristine community pool, tennis courts & playgrounds, there will be lots of opportunities to take part in as many, or as few community events as suit your style: holiday parties, Friday evening gatherings at the pool, Halloween & 4th of July parades, friendly tennis competitions, the fall wine tasting & the outstanding West Chester Schools. You are just minutes from the Malvern train station and all the great shops and restaurants Malvern has to offer. AND you're just 10 minutes from West Chester Borough! Don't let this opportunity pass you by. You'll LOVE IT!!

Last Agent to Sell the Property

Marjorie Castle

Keller Williams Real Estate -Exton Listed on: 04/09/2016

Keller Williams Real Estate -Exton

Co-Listed By

Clifford Castle

Keller Williams Real Estate -Exton License #RS294695

Last Buyer's Agent

Susan Lowes

VRA Realty License #RS286588

VRA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 1984 | Remodeled in 2014

Lot Details

  • 0.62 Acre Lot
  • West Facing Home
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R2

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,170 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • East Goshen Elementary School
  • J.R. Fugett Middle School
  • West Chester East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0124
  • Assessor Parcel Number 53-02J-0124

Community Details

Overview

  • Association fees include pool(s), common area maintenance, management
  • Hersheys Mill Ests Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,476

Year Built

Built in 1984 | Remodeled in 2014

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator All In As-Is Condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1984
  • Year Renovated: 2014
  • Remarks Public: This lovely home in the amazing community of Hershey's Mill Estates (NOT the 55 community!) has an updated Kitchen w/ Granite Countertops, hardwood floors and is ready for you to move right in! Situated on a beautifully landscaped flat lot w/ a huge back yard & patio, and with its open floor plan, this home invites grand entertaining or quiet relaxing. You'll also find a cozy deck just off the living room just right for enjoying your morning coffee. Pride of ownership is evident from the moment you arrive. The exterior of the home has been updated with newly sealed & painted siding and stucco, a new roof, newer windows, beautiful custom walkway and new exterior lighting, beautiful landscaping, and new Rusticraft fencing . . . this property says "Welcome Home!" With its updated Master Bath, gas fireplace and new high-efficiency washer & dryer, you'll feel totally confident that this is the home you've been searching for. (Please Note: The 4th Bedroom has been converted to a beautiful Dressing Room. The seller is happy to remove all shelving and restore it to a bedroom prior to settlement.) The home owner is also providing a one-year HMS Home Warranty to give you complete peace of mind. The charming community of Hershey's Mill Estates, with its LOW West Chester taxes and LOW LOW HOA fees, is one of the best kept secrets in Chester County. With acres of common grounds, pristine community pool, tennis courts & playgrounds, there will be lots of opportunities to take part in as many, or as few community events as suit your style: holiday parties, Friday evening gatherings at the pool, Halloween & 4th of July parades, friendly tennis competitions, the fall wine tasting & the outstanding West Chester Schools. You are just minutes from the Malvern train station and all the great shops and restaurants Malvern has to offer. AND you're just 10 minutes from West Chester Borough! Don't let this opportunity pass you by. You'll LOVE IT!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2170
  • Living Area Sq Ft: 2170
  • Net Sq Ft: 2170.00
  • Price Per Sq Ft: 229.26
  • Above Grade Finished Sq Ft: 2170
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1548

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stucco, Wood Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WEST CHESTER AREA
  • Elementary School: EAST GOSHEN
  • Middle School: J.R. FUGETT
  • High School: WEST CHESTER EAST
  • School District Key: 300200397342
  • Elementary School: EAST GOSHEN
  • High School: WEST CHESTER EAST
  • Middle Or Junior School: J.R. FUGETT

Lot Info

  • Improvement Assessed Value: 156410.00
  • Land Assessed Value: 58260.00
  • Land Use Code: R10
  • Lot Features: Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27007.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 346237
  • Tax Annual Amount: 5476.00
  • Assessor Parcel Number: 53-02J-0124
  • Tax Lot: 0124
  • Tax Year: 2016
  • Close Date: 07/15/2016

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jul 14, 2016
Sold by
Carini Licia
Bought by
Gardner Sean M and Gardner Helena M
Seller's Agent
Marjorie Castle
Keller Williams Real Estate -Exton
Buyer's Agent
Susan Lowes
VRA Realty
List Price
$515,000
Sold Price
$497,500
Premium/Discount to List
-$17,500
-3.4%
Current Estimated Value
$802,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,196
Avg. Annual Appreciation
5.01%
Original Mortgage
$477,375
Outstanding Balance
$386,123
Interest Rate
3.66%
Mortgage Type
VA
Estimated Equity
$389,044

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 5, 2012
Sold by
Riddle Michelle
Bought by
Carini Licia
Seller's Agent
Marjorie Castle
Keller Williams Real Estate -Exton
Buyer's Agent
Marjorie Castle
Keller Williams Real Estate -Exton
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$316,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Montagna Andrew N and Riddle Mychelle A
Bought by
Riddle Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2002
Sold by
Menzies Paul and Menzies Susan
Bought by
Montagna Andrew N and Riddle Mychelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,720
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Gardner Sean M $497,500 None Available
Carini Licia $395,000 None Available
Riddle Michelle -- None Available
Montagna Andrew N $265,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Sean M $477,375
Previous Owner Carini Licia $20,000
Previous Owner Carini Licia $316,000
Previous Owner Riddle Michelle $300,000
Previous Owner Montagna Andrew N $212,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $497,500 0.0% $229 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
04/21/2016 04/21/16 Price Changed $497,500 -3.4% $229 / Sq Ft
04/09/2016 04/09/16 For Sale $515,000 +30.4% $237 / Sq Ft
10/05/2012 10/05/12 Sold $395,000 0.0% $182 / Sq Ft
08/19/2012 08/19/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $395,000 -- $182 / 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
2024 $6,323 $220,030 $58,270 $161,760
2023 $6,169 $214,670 $58,260 $156,410
2022 $5,981 $214,670 $58,260 $156,410
2021 $5,896 $214,670 $58,260 $156,410
2020 $5,856 $214,670 $58,260 $156,410
2019 $5,773 $214,670 $58,260 $156,410
2018 $5,646 $214,670 $58,260 $156,410
2017 $5,521 $214,670 $58,260 $156,410
2016 $4,922 $214,670 $58,260 $156,410
2015 $4,922 $214,670 $58,260 $156,410
2014 $4,922 $214,670 $58,260 $156,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002411718

Bright MLS

APN: 53-02J-0124.0000