$238,611 - $250,000
RENTED JUL 31, 2025

1602 Raintree Ln Unit 1602 Malvern, PA 19355

Malvern Neighborhood
1 Bed
1 Bath
861 Sq Ft
$381/mo HOA Fee

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool or Spa Combo
  • General Wayne Elementary School Rated A-
  • Engineered Wood Flooring
  • Patio

About This Home

As of July 2025

Welcome to 1602 Raintree Ln. This 1 bed, 1 bath unit is located in the heart of the Malvern Boro. Freshly painted with new flooring just installed. This is a 1st floor unit with semi private porch. Has good space for one person, comes with washer and dryer utilities, included are the heat, water and sewer. Community Pool. Walking distance to the R5 train line, all the shops, restaurants and bars Malvern has to offer plus parks and ball fields,. Close drive to Wegmans, Rt 202, the turnpike and the Great Valley corporate center.

Last Agent to Rent the Property

Michael McDaid

Real of Pennsylvania License #RS279058 Listed on: 06/28/2025

Real of Pennsylvania

Last Renter's Agent

Michael McDaid

Real of Pennsylvania License #RS279058 Listed on: 06/28/2025

Real of Pennsylvania

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1972

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 861 Sq Ft Home
  • Property has 1 Level
  • Engineered Wood Flooring
  • Flood Lights

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Summer or Winter Changeover Switch For Hot Water

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,900
  • Tenant pays for cable TV, electricity
  • The owner pays for association fees, common area maintenance
  • Rent includes common area maintenance, heat, lawn service, parking, sewer, snow removal, trash removal, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 7/1/25
  • Assessor Parcel Number 02-06 -0305

Community Details

Overview

  • Association fees include appliance maintenance, air conditioning, common area maintenance, exterior building maintenance, gas, lawn maintenance, pool(s), sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Raintree Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,341

Year Built

Built in 1972

Lot Details

0

HOA Fees

$381 per month

Rental Info

  • Date Available: 2025-07-01
  • Owner Pays: Association Fees, Common Area Maintenance
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance, Heat, Lawn Service, Parking, Sewer, Snow Removal, Trash Removal, Water
  • Security Deposit: 1900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Expected On Market: 6/28/2025 12:00:00 AM
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 1602 Raintree Ln. This 1 bed, 1 bath unit is located in the heart of the Malvern Boro. Freshly painted with new flooring just installed. This is a 1st floor unit with semi private porch. Has good space for one person, comes with washer and dryer utilities, included are the heat, water and sewer. Community Pool. Walking distance to the R5 train line, all the shops, restaurants and bars Malvern has to offer plus parks and ball fields,. Close drive to Wegmans, Rt 202, the turnpike and the Great Valley corporate center.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Engineered Wood
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 861
  • Living Area Sq Ft: 861
  • Price Per Sq Ft: 2.21
  • Above Grade Finished Sq Ft: 861
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1602

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Flood Lights, Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 381.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Club House
  • HOA Condo Co-Op Fee Includes: Appliance Maintenance, Air Conditioning, Common Area Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Pool(s), Sewer, Snow Removal, Trash, Water
  • Senior Community: No
  • Community Pool Features: Fenced, Concrete, In Ground, Pool/Spa Combo

Schools

  • School District: GREAT VALLEY
  • Middle School: GREAT VALLEY
  • High School: GREAT VALLEY
  • School District Key: 300200397337
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Horses: No
  • Land Use Code: R50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 861.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 02-06 -0305
  • Tax Total Finished Sq Ft: 861
  • Close Date: 07/31/2025

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2007
Sold by
Brander Frances M
Bought by
Brander Frances M and Brander Paula M
Current Estimated Value
$243,903

Purchase Details

Closed on
Jan 6, 2006
Sold by
Brander Roman J and Brander Francis M
Bought by
Brander Frances M

Purchase Details

Closed on
Nov 18, 2002
Sold by
Zelenka Donald J and Zelenka Patricia B
Bought by
Brander Roman J and Brander Francis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.16%
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
Brander Frances M -- None Available
Brander Frances M -- Fnt
Brander Roman J $94,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brander Roman J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Rented $1,900 0.0% --
07/25/2025 07/25/25 Under Contract -- -- --
06/28/2025 06/28/25 For Rent $1,900 +90.0% --
04/16/2013 04/16/13 Rented $1,000 -9.1% --
04/15/2013 04/15/13 Under Contract -- -- --
12/05/2012 12/05/12 For Rent $1,100 -- --
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 $2,341 $71,210 $11,570 $59,640
2024 $2,341 $71,210 $11,570 $59,640
2023 $2,289 $71,210 $11,570 $59,640
2022 $2,249 $71,210 $11,570 $59,640
2021 $2,210 $71,210 $11,570 $59,640
2020 $2,178 $71,210 $11,570 $59,640
2019 $2,160 $71,210 $11,570 $59,640
2018 $2,125 $71,210 $11,570 $59,640
2017 $2,107 $71,210 $11,570 $59,640
2016 $1,514 $71,210 $11,570 $59,640
2015 $1,514 $71,210 $11,570 $59,640
2014 $1,514 $71,210 $11,570 $59,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2102432

Bright MLS

APN: 02-006-0305.0000