NOT LISTED FOR SALE

1553 Millrace Ln West Chester, PA 19380

Estimated Value: $894,000 - $1,067,000

4 Beds
4 Baths
2,750 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $565,000 $205 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,964/month

262 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Wood Flooring
  • East Goshen Elementary School Rated A
  • Cathedral Ceiling
  • Attic

About This Home

As of June 2018

Hershey's Mill Estates is Chester County's hidden gem. Nestled in a friendly and amenity-rich community, this home is loaded with premier HOA-covered luxuries, including full-access tennis courts, swimming pool, & numerous social activities year-round for all ages, such as: Easter egg hunts, Halloween parades, wine tastings, and themed Friday nights at the pool. There's something for everyone in this neighborhood, catering to both the social butterfly & those who appreciate the quieter indulgences. No matter your preference, these amenities foster a stronger sense of community & invigorating lifestyle. Farmhouse-style home stands out w its manicured lawn, paved walkway, oversized front porch, & fenced-in backyard w paved patio enveloped in a peaceful, park-like setting. Backyard even has a private treehouse! Foyer features brand new hardwood floors, high ceiling, & dramatic staircase. Living room features modern wall color, plush carpets, & oversized bay window, flooding the room w natural light year-round. Sitting room opens into adjoining living room through custom French doors. Cozy up w loved ones during cold winter months by the wood-burning fireplace in the living room. Living room also features sliding doors to access backyard patio w panoramic views. Fully renovated, sun-drenched kitchen sparks your wildest culinary imagination, w custom backsplash, granite countertops, oversized island, pendant lighting, arched ceilings w wood finishings and skylights, plenty of cabinet space and pantry for storage, & a striking bay window that overlooks the scenic backyard. Island features built-in stove top & griddle for your favorite weekend brunches. Laundry room with additional storage space located adjacent to kitchen for convenience. First floor also boasts a formal dining room & half bath. Distinguished master suite is replete with ceiling fan, plenty of storage space, and impeccable master bath. Second floor also features 3 additional bedrooms with plenty of closet space. Full second bathroom w double vanity & custom countertops. Fully finished basement w pristine carpets, half bath, and ample storage space, easily converted to guest bedroom, game room, or home theater. Choice home, choice location. The possibilities are limitless! Located in the West Chester school district & minutes from shopping, entertainment, West Chester's historic district, & some of the best restaurants in the area. Discover something greater! Check out 1553 Mill Race TODAY!

Last Agent to Sell the Property

Bill McCormick

Keller Williams Real Estate -Exton Listed on: 08/10/2017

Keller Williams Real Estate -Exton

Last Buyer's Agent

Bill McCormick

Keller Williams Real Estate -Exton Listed on: 08/10/2017

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1975

Lot Details

  • 0.63 Acre Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R2

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Shed
  • Porch

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
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0080
  • Assessor Parcel Number 53-02J-0080

Community Details

Overview

  • Association fees include pool(s), common area maintenance
  • $700 Other One-Time Fees
  • Hersheys Mill Ests Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,497

Year Built

Built in 1975

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1975
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Trash Compactor
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Attic/House Fan, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Net Sq Ft: 2750.00
  • Price Per Sq Ft: 205.45
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1553

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Access To Pool: Yes
  • 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
  • Garage Features: Inside Access, Garage Door Opener
  • 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
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 700.00
  • Other Fees Frequency: One Time

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

  • Land Use Code: R10
  • Lot Features: Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27442.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Rental Info

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

Tax Info

  • Tax Annual Amount: 6497.00
  • Assessor Parcel Number: 53-02J-0080
  • Tax Lot: 0080
  • Tax Year: 2018
  • Close Date: 06/14/2018

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jun 7, 2018
Sold by
Riotto Stephen T and Riotto Michelle D
Bought by
Granero Robert and Hilfinger Kelly
Seller's Agent
Bill McCormick
Keller Williams Real Estate -Exton
Buyer's Agent
Bill McCormick
Keller Williams Real Estate -Exton
List Price
$542,000
Sold Price
$565,000
Premium/Discount to List
$23,000
4.24%
Current Estimated Value
$960,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,616
Avg. Annual Appreciation
7.63%
Original Mortgage
$452,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2001
Sold by
Cappallo Gary R and Cappallo Pamela G
Bought by
Riotto Michelle D and Riotto Stephen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Granero Robert $565,000 Trident Land Transfer Compan
Riotto Michelle D $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilfinger Kellly $450,200
Closed Granero Robert $452,000
Previous Owner Riotto Stephen T $306,331
Previous Owner Riotto Stephen T $316,000
Previous Owner Riotto Stephen T $40,000
Previous Owner Riotto Michelle D $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $565,000 0.0% $205 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/30/2018 04/30/18 Price Changed $565,000 0.0% $205 / Sq Ft
09/11/2017 09/11/17 Off Market $565,000 -- --
08/15/2017 08/15/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $542,000 -- $197 / 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 $8,189 $284,950 $58,430 $226,520
2024 $8,189 $284,950 $58,430 $226,520
2023 $8,189 $284,950 $58,430 $226,520
2022 $7,939 $284,950 $58,430 $226,520
2021 $7,826 $284,950 $58,430 $226,520
2020 $7,774 $284,950 $58,430 $226,520
2019 $7,663 $284,950 $58,430 $226,520
2018 $6,497 $247,000 $58,440 $188,560
2017 $6,352 $247,000 $58,440 $188,560
2016 $5,684 $247,000 $58,440 $188,560
2015 $5,684 $247,000 $58,440 $188,560
2014 $5,684 $247,000 $58,440 $188,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004094429

Bright MLS

APN: 53-02J-0080.0000