NOT LISTED FOR SALE

2 Dewitt Ln Wayne, PA 19087

Estimated Value: $1,961,344 - $2,506,000

5 Beds
5 Baths
6,795 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $1,700,000 $250 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,105/month

6 Days on Market

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • In Ground Pool
  • New Eagle Elementary School Rated A+
  • Tennis Courts
  • Commercial Range

About This Home

As of June 2018

Welcome to 2 Dewitt Lane. Fresh and updated, this 3-Story Colonial situated in Wayne, Tredyffrin Township is nestled on 2.28 park-like acres with a Pool House, a Pool, Lighted Har-Tru Tennis Court, outdoor patio areas and bucolic open spaces. The 5,570 SF main home features 5 bedrooms, 3/2 baths and offers a layout fit for today's active family lifestyle and entertaining. Special highlights include an Eat-in Gourmet Kitchen with commercial-grade appliances, Center Island and Wet Bar, hardwood floors, large Family Room with floor-to-ceiling stone fireplace adjacent to the kitchen, a formal Dining Room and a step-down Formal Living Room with gas fireplace, a large Study/Office space, a walk-out, finished Lower Level featuring a bar area, a built-in entertainment area, cedar closet, wine closet and large gym/fitness area, a luxurious Master Retreat with cathedral ceiling and Spa-quality Master bathroom with radiant floor and walk-in shower. New driveway, newer Pella Architect Series windows, newer cedar roof and newer house systems. Separate house on property is presently being used as a Pool House with a full, eat-in kitchen, Great Room with cathedral ceiling, 1 bedroom and 1 full bathroom, but offers opportunity as an In-Law Suite. Located in the Nationally Acclaimed Tredyffrin-Easttown School District. Low taxes. Superior location moments from downtown Wayne, YSC Sports, the train, Tredyffrin Library, schools, Chester Valley trail, numerous shopping venues, and all major arteries. Extraordinary privacy, convenience and amenities offered in this rare find! A wonderful place to call home! Showings will begin on Sunday, March 4th at the Open House. Please park on driveway or on the street. Please do not park on the grass.

Last Agent to Sell the Property

Pamela Schwartz

(484) 318-1195 pamela.schwartz@foxroach.com BHHS Fox & Roach-Rosemont License #RS278294 Listed on: 03/01/2018

BHHS Fox & Roach-Rosemont

Last Buyer's Agent

Lisa Murphy

(610) 322-1502 soldinthecity@yahoo.com Compass RE License #RS273368

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,859

Year Built

  • Built in 1991

Lot Details

  • 2.28 Acre Lot
  • Level Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Subdivision Possible
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Replacement Windows
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Butlers Pantry
  • Commercial Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 5 Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Patio
  • Exterior Lighting

Additional Homes

  • Additional Residence on Property

Schools

  • New Eagle Elementary School
  • Valley Forge Middle School
  • Conestoga Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colonial Village Subdivision

Listing and Financial Details

  • Tax Lot 0030
  • Assessor Parcel Number 43-06L-0030, 58-00-08287-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,859

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator In As-Is Condition
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Commercial Range, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, 2nd Kitchen, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow, Replacement
  • Fireplace Features: Marble, Stone, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 6795
  • Living Area Sq Ft: 6795
  • Net Sq Ft: 5570.00
  • Price Per Sq Ft: 305.21
  • Above Grade Finished Sq Ft: 5570
  • Below Grade Finished Sq Ft: 1225
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Construction Materials: Stucco, Stone
  • Access To Pool: Yes
  • Exterior Features: Tennis Court(s), Hot Tub, Exterior Lighting
  • Pool Features: In Ground
  • Roof: Pitched, Shingle, Wood
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • 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
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: NEW EAGLE
  • High School: CONESTOGA SENIOR
  • Middle Or Junior School: VALLEY FORGE

Lot Info

  • Lot Features: Level, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s), Subdivision Possible
  • Lot Size Acres: 2.28
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 99260.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12859.00
  • Assessor Parcel Number: 43-06L-0030, 58-00-08287-007
  • Tax Lot: 0030
  • Tax Year: 2018

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
Malloy Paul and Janoch Alexandra
Bought by
Malloy Paul and Malloy Alexandra
Current Estimated Value
$2,252,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,182,720
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,069,728

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 1, 2018
Sold by
Williams Craig and Williams Kristen K
Bought by
Malloy Paul and Janoch Alexandra
Seller's Agent
Pamela Schwartz
BHHS Fox & Roach-Rosemont
Buyer's Agent
Lisa Murphy
Compass RE
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$1,360,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2003
Sold by
Williams R Craig
Bought by
Williams R Craig and Williams Kristen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2002
Sold by
Nerney Thomas P and Nerney Jill
Bought by
Williams R Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malloy Paul -- Noble Abstract Company
Malloy Paul $1,700,000 Germantown Title Company
Williams R Craig -- --
Williams R Craig $1,310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malloy Paul $1,350,000
Closed Malloy Paul $1,360,000
Previous Owner Williams R Craig $908,000
Previous Owner Williams R Craig $915,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $1,700,000 0.0% $250 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $1,700,000 -- $250 / 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 $16,907 $480,000 $79,930 $400,070
2024 $16,907 $480,000 $79,930 $400,070
2023 $15,882 $480,000 $79,930 $400,070
2022 $15,472 $480,000 $79,930 $400,070
2021 $13,931 $440,580 $79,930 $360,650
2020 $13,547 $440,580 $79,930 $360,650
2019 $13,119 $440,580 $79,930 $360,650
2018 $12,859 $440,580 $79,930 $360,650
2017 $12,553 $440,580 $79,930 $360,650
2016 -- $440,580 $79,930 $360,650
2015 -- $440,580 $79,930 $360,650
2014 -- $440,580 $79,930 $360,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000217290

Bright MLS

APN: 43-06L-0030.0000