NOT LISTED FOR SALE

1601 Raintree Ln Malvern, PA 19355

Estimated Value: $230,007 - $264,000

1 Bed
1 Bath
926 Sq Ft
$292/mo HOA Fee

Last Sold October 01, 2012

Last sale price $119,000 $129 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,817/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Living Room
  • General Wayne Elementary School Rated A-
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of October 2012

Second Floor unit in the desirable Raintree Community. Walk to downtown Malvern which includes shopping, trains, restaurants and a wonderful small town feel. This one bedroom unit has been freshly painted, new carpets in living room and dining room and new kitchen floor. Nice size rooms with generous closet space including a walk-in closet in the bedroom. Laundry room with new washing machine. Huge sliding doors in living room leads to balcony desk which includes storage and utility closets. Condo fee includes interior and exterior maintenance, furnace, heat, water, trash, snow, appliance maintenance and pool. Don't miss out!!

Last Agent to Sell the Property

SALLY Bernardine

sbernardine@weichert.com Weichert Realtors License #TREND:159281 Listed on: 01/25/2012

Last Buyer's Agent

Patricia Desjadon

(610) 977-5000 pdesjadon@comcast.net KW Greater West Chester License #RS277911

KW Greater West Chester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1972

Lot Details

  • Property is in good condition

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 926 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0304
  • Assessor Parcel Number 02-06 -0304

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, appliance maintenance, lawn maintenance, snow removal, trash, heat, sewer, management

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,969

Year Built

Built in 1972

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 926
  • Living Area Sq Ft: 926
  • Net Sq Ft: 926.00
  • Price Per Sq Ft: 134.99
  • Above Grade Finished Sq Ft: 926
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 292.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Appliance Maintenance, Lawn Maintenance, Snow Removal, Trash, Heat, Sewer, Management
  • HOA: No

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337

Lot Info

  • Improvement Assessed Value: 60580.00
  • Land Assessed Value: 12450.00
  • Land Use Code: R50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 00X00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 926.00
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 225328
  • Tax Annual Amount: 1969.00
  • Assessor Parcel Number: 02-06 -0304
  • Tax Lot: 0304
  • Tax Year: 2011
  • Close Date: 10/01/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Sep 26, 2012
Sold by
Baird Robert E
Bought by
Shi Lei and Liu Xiaoyuan
Seller's Agent
SALLY Bernardine
Weichert Realtors
Buyer's Agent
Patricia Desjadon
KW Greater West Chester
List Price
$139,000
Sold Price
$119,000
Premium/Discount to List
-$20,000
-14.39%
Current Estimated Value
$249,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,002
Avg. Annual Appreciation
5.83%
Original Mortgage
$89,250
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Shi Lei $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shi Lei $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2012 10/01/12 Sold $119,000 -4.8% $129 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
07/23/2012 07/23/12 Price Changed $125,000 -10.1% $135 / Sq Ft
01/25/2012 01/25/12 For Sale $139,000 -- $150 / 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 $2,401 $73,030 $12,450 $60,580
2024 $2,401 $73,030 $12,450 $60,580
2023 $2,347 $73,030 $12,450 $60,580
2022 $2,306 $73,030 $12,450 $60,580
2021 $2,266 $73,030 $12,450 $60,580
2020 $2,234 $73,030 $12,450 $60,580
2019 $2,215 $73,030 $12,450 $60,580
2018 $2,179 $73,030 $12,450 $60,580
2017 $2,161 $73,030 $12,450 $60,580
2016 $1,679 $73,030 $12,450 $60,580
2015 $1,679 $73,030 $12,450 $60,580
2014 $1,679 $73,030 $12,450 $60,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003827136

Bright MLS

APN: 02-006-0304.0000