NOT LISTED FOR SALE

1549 Pennsylvania Ave Paoli, PA 19301

Estimated Value: $1,209,000 - $2,096,888

1.1 Acres
$1,602,087 Price per Acre
47,916 Sq Ft Lot

Last Sold December 02, 2013

Last sale price $405,000 $177 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $11,488/month

7 Days on Market

Highlights

  • 1.1 Acre Lot
  • Beaumont Elementary School Rated A+
  • Corner Lot

About This Lot

As of December 2013

This property represents an outstanding opportunity for a tear down or significant expansion and complete renovation of the existing home. Examples of homes being torn down or rebuilt, and sold for as much as 1.1 million dollars are within a few doors away. Professionally appraised in 2013 for asking price. Top rated Tredyffrin Easttown School District. Public water and sewer. One acre corner lot. Outstanding location within minutes to Paoli or Berwyn Amtrak/Septa Stations, and routes 30, 252, 202, 276, 476 and I-95. All the elements are in place for a home of highly distinguished character. Original home built in 1961 and although completely livable, needs complete updating throughout. Home being sold As-Is. Use and Occupancy Certificate and/or any municipal certifications required for resale will be the responsibility of the Buyer.

Last Agent to Sell the Property

John Carrigan

(610) 304-6742 john@johnnycrealestate.com Long & Foster Real Estate, Inc. Listed on: 09/23/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dianne Giombetti

(610) 662-8682 giombetti@comcast.net BHHS Fox & Roach Wayne-Devon

BHHS Fox & Roach Wayne-Devon

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,212

Year Built

  • 1961

Lot Details

  • 1.1 Acre Lot
  • Corner Lot
  • The property's topography is level
  • Property is zoned R1

Utilities

  • Approved Septic System
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Tax Lot 0012
  • Assessor Parcel Number 55-02N-0012

Property Details

Property Type

Land

Est. Annual Taxes

$6,212

Year Built

1961

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1961

Interior Features

  • Room List: Master Bedroom
  • Price Per Sq Ft: 8.03

Utilities

  • Sewer/Septic System: Approved System, Septic Exists, Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 152860.00
  • Land Assessed Value: 70850.00
  • Lot Features: Corner
  • Lot Size Acres: 1.10
  • Lot Dimensions: 0, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47916.00
  • Topography: Level
  • Zoning: R1

Tax Info

  • Assessor Parcel Number: 357294
  • Tax Annual Amount: 6212.0
  • Assessor Parcel Number: 55-02N-0012
  • Tax Lot: 0012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 2, 2013
Sold by
Cashman Robert J and Estate Of Virginia M Cashman
Bought by
Connell Christopher S and Connell Kelly A
Seller's Agent
John Carrigan
Long & Foster Real Estate, Inc.
Buyer's Agent
Dianne Giombetti
BHHS Fox & Roach Wayne-Devon
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Current Estimated Value
$1,762,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,357,296
Avg. Annual Appreciation
13.01%
Original Mortgage
$324,000
Outstanding Balance
$241,497
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,520,799

Purchase Details

Closed on
Oct 23, 2008
Sold by
Cashman John C and Cashman Virginia M
Bought by
Cashman Virginia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Connell Christopher S $405,000 None Available
Cashman Virginia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Christopher S $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2013 12/02/13 Sold $405,000 +5.2% $177 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $385,000 -- $169 / 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 $26,942 $722,310 $70,850 $651,460
2024 $26,942 $722,310 $70,850 $651,460
2023 $25,191 $722,310 $70,850 $651,460
2022 $24,502 $722,310 $70,850 $651,460
2021 $23,761 $716,010 $70,850 $645,160
2020 $23,100 $716,010 $70,850 $645,160
2019 $22,457 $716,010 $70,850 $645,160
2018 $22,068 $716,010 $70,850 $645,160
2017 $21,570 $716,010 $70,850 $645,160
2016 -- $716,010 $70,850 $645,160
2015 -- $70,850 $70,850 $0
2014 -- $223,710 $70,850 $152,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003560411

Bright MLS

APN: 55-02N-0012.0000