NOT LISTED FOR SALE

1608 Raintree Ln Unit 1608 Malvern, PA 19355

Malvern Neighborhood

Estimated Value: $322,364 - $358,000

2 Beds
1 Bath
1,799 Sq Ft
$390/mo HOA Fee

Last Sold April 30, 2021

Last sale price $230,000 $128 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,481/month

7 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Eat-In Kitchen
  • General Wayne Elementary School Rated A-
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

This is a second floor unit in Raintree. Living room with ceiling fan and sliders to deck with storage closet. Dining room area and Kitchen with dishwasher, garbage disposal and refrigerator. Main Bedroom with large walk-in closet, ceiling fan and sliders to balcony. The good size 2nd room can be used as either bedroom or office. An additional walk-in storage closet in hallway with lots of room for storage. This is a truly low maintenance living here since the condominium fee Includes: Common area maintenance, exterior building maintenance, heat, hot and cold water, sewer, trash ,snow removal, furnace, plumbing maintenance and repair and use of pool. Nothing needs to be done but enjoy! Convenient location allows you to walk to downtown Malvern and Malvern train station. Please note: Dogs, motorcycles, pickup trucks are prohibited. Raintree is currently at capacity with allowable rental percentage for the community.

Last Agent to Sell the Property

Xiaomin Lu

Realty Mark Associates - KOP Listed on: 04/02/2021

Realty Mark Associates - KOP

Last Buyer's Agent

Maggie Oyler

KW Greater West Chester

KW Greater West Chester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1972

Lot Details

  • Property is in good condition

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 1,799 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0311
  • Assessor Parcel Number 02-06 -0311

Community Details

Overview

  • $390 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, heat, lawn maintenance, pool(s), sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Raintree Condominium Association Condos
  • Raintree Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,563

Year Built

Built in 1972

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator All as it condition
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Remarks Public: This is a second floor unit in Raintree. Living room with ceiling fan and sliders to deck with storage closet. Dining room area and Kitchen with dishwasher, garbage disposal and refrigerator. Main Bedroom with large walk-in closet, ceiling fan and sliders to balcony. The good size 2nd room can be used as either bedroom or office. An additional walk-in storage closet in hallway with lots of room for storage. This is a truly low maintenance living here since the condominium fee Includes: Common area maintenance, exterior building maintenance, heat, hot and cold water, sewer, trash ,snow removal, furnace, plumbing maintenance and repair and use of pool. Nothing needs to be done but enjoy! Convenient location allows you to walk to downtown Malvern and Malvern train station. Please note: Dogs, motorcycles, pickup trucks are prohibited. Raintree is currently at capacity with allowable rental percentage for the community.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Oven - Self Cleaning, Refrigerator, Washer, Dryer
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 4
  • Basement: No
  • Total Sq Ft: 1799
  • Living Area Sq Ft: 1799
  • Price Per Sq Ft: 127.29
  • Above Grade Finished Sq Ft: 1799
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1608

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 390.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Raintree Condominium Association
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Heat, Lawn Maintenance, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 390.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58420.00
  • Land Assessed Value: 24180.00
  • Land Use Code: R50
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R4

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 225335
  • School Tax: 1802.00
  • Tax Annual Amount: 2563.00
  • Assessor Parcel Number: 02-06 -0311
  • Tax Lot: 0311
  • Tax Total Finished Sq Ft: 1799
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/30/2021

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Stackhouse Lloyd D and Stackhouse Rosemary
Bought by
Stackhouse Lloyd D and Stackhouse Rosemary
Current Estimated Value
$342,341

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 30, 2021
Sold by
Zeng Zhoufu and He Elizabeth
Bought by
Stackhouse Lloyd D and Stackhouse Rosemary
Seller's Agent
Xiaomin Lu
Realty Mark Associates - KOP
Buyer's Agent
Maggie Oyler
KW Greater West Chester
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
May 10, 2011
Sold by
Thompson John B and Thompson Ambrose Elizabeth
Bought by
Zeng Zhoufu and He Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Temple Jean T and Gaines Barbara D
Bought by
Gaines Barbara D

Purchase Details

Closed on
Aug 25, 1997
Sold by
Epstein Theresa and Epstein Alvin G
Bought by
Gaines Barbara D and Temple Jean T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

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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
Stackhouse Lloyd D $230,000 None Listed On Document
Stackhouse Lloyd D $230,000 Sage Premier Settlements
Zeng Zhoufu $138,000 None Available
Gaines Barbara D -- None Available
Gaines Barbara D $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeng Zhoufu $103,500
Previous Owner Gaines Barbara D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $230,000 +0.4% $128 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $229,000 -- $127 / 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 $2,716 $82,600 $24,180 $58,420
2024 $2,716 $82,600 $24,180 $58,420
2023 $2,655 $82,600 $24,180 $58,420
2022 $2,609 $82,600 $24,180 $58,420
2021 $2,563 $82,600 $24,180 $58,420
2020 $2,527 $82,600 $24,180 $58,420
2019 $2,506 $82,600 $24,180 $58,420
2018 $2,465 $82,600 $24,180 $58,420
2017 $2,444 $82,600 $24,180 $58,420
2016 $1,899 $82,600 $24,180 $58,420
2015 $1,899 $82,600 $24,180 $58,420
2014 $1,899 $82,600 $24,180 $58,420
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2021

    Xiaomin Lu

    Realty Mark Associates - KOP

    (484) 942-7960

    1 in this area

    18 Total Sales

    Xiaomin Lu
    Section Image
  • Maggie Oyler

    Buyer's Agent in 2021

    Maggie Oyler

    KW Greater West Chester

    (484) 356-8313

    2 in this area

    69 Total Sales

    Maggie Oyler
    Section Image
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Map

Source: Bright MLS

MLS Number: PACT532648

Bright MLS

APN: 02-006-0311.0000

Pennsylvania Chester County Malvern 19355 Malvern

1608 Raintree Ln Unit 1608, Malvern, PA

This home is located at 1608 Raintree Ln Unit 1608, Malvern, PA 19355 since 02 April 2021 and is currently estimated at $342,341, approximately $190 per square foot. This property was built in 1972. 1608 Raintree Ln Unit 1608 is a home located in Chester County with nearby schools including General Wayne Elementary School, Great Valley Middle School, and Great Valley High School.

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