NOT LISTED FOR SALE

2 Dovecote Ln Malvern, PA 19355

Estimated Value: $2,394,000 - $2,525,000

5 Beds
8 Baths
10,792 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $1,425,000 $132 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $14,551/month

30 Days on Market

Highlights

  • 2.26 Acre Lot
  • Traditional Architecture
  • Solarium
  • Sugartown Elementary School Rated A-
  • 3 Fireplaces
  • No HOA

About This Home

As of July 2019

This magnificent estate home, in the heart of the Main Line, is situated on 2+ beautifully landscaped acres with fruit trees and a fully functioning green house. With an array of luxurious amenities, this home's open and airy interior is filled with expansive spaces, high ceilings, wood floors and an abundance of windows, bringing in natural light. With its statuesque brick front, accented with columns and a balcony, this home opens with a dramatic center hall foyer with a sweeping turned staircase. The foyer is flanked by the formal living room with gas fireplace and formal dining room. Off of the living room is a solarium, perfect for a music room. A beautifully styled granite-topped center island sets the focus in the expansive kitchen. In rich wood tones, the kitchen is filled with granite countertops, an industrial range, subzero refrigerator, additional subzero fridge drawers, trash compactor and double dishwasher, all with cabinetry fronts. Off of the kitchen is a theater-styled, two-story family room embellished with wainscoting, exposed beams, floor-to-ceiling windows, and a raised gas fireplace. A butler's pantry is located off of the kitchen and dining room. A half bath and laundry room are conveniently located near the kitchen and family room areas. On the other side of the home's main level is a cozy library with custom built-in shelves for a book collection or other collectibles, as well as another gas fireplace. The custom plantation shutters complete the library. An extensive wrap-around deck allows easy access to the beautiful grounds from just about any room on the main level. The upper level presents a sumptuous master bedroom suite with his and her bath area and double walk-in closets. The master bedroom features a 2nd solarium, perfect for lounging. Four addition bedrooms complete this level, each with a private bath and walk-in closet. The finished lower level, filled with natural light, features a pool table/gaming area, theater room, exercise space and recreation room. This estate home has so much to offer and provides easy access to all the Main Line attractions, restaurants, country clubs, schools and shopping, coupled with an easy commute time to Philadelphia and Wilmington! You will be proud to claim ownership of this extraordinary estate home!

Last Agent to Sell the Property

Michael Wilson

(302) 521-6307 wilsonsale@aol.com BHHS Fox & Roach-Greenville License #RA-0003110 Listed on: 05/09/2019

BHHS Fox & Roach-Greenville

Last Buyer's Agent

Roseann Tulley

(610) 329-0604 roseann.tulley@redfin.com Redfin Corporation License #RS330033

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,964

Year Built

  • Built in 2000

Lot Details

  • 2.26 Acre Lot
  • Property is zoned RA

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • 3 Fireplaces
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Library
  • Game Room
  • Solarium
  • Home Gym
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Community Details

  • No Home Owners Association
  • Dovecote Subdivision

Listing and Financial Details

  • Tax Lot 0455
  • Assessor Parcel Number 54-03 -0455

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,964

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-05-11
  • Federal Flood Zone: No
  • Year Built: 2000
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 3
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Breakfast Room, Exercise Room, Laundry, Solarium, Media Room, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 10792
  • Living Area Sq Ft: 10792
  • Price Per Sq Ft: 154.66
  • Above Grade Finished Sq Ft: 9692
  • Below Grade Finished Sq Ft: 1100
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.26
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98446.00
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 16387.00
  • Tax Annual Amount: 19964.00
  • Assessor Parcel Number: 54-03 -0455
  • Tax Lot: 0455
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 18, 2019
Sold by
Lin Hueu Ming and Lin Rosa J C
Bought by
Panna Iyer Balaji Janakiraman and Panna Batraiyer
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Roseann Tulley
Redfin Corporation
List Price
$1,499,000
Sold Price
$1,425,000
Premium/Discount to List
-$74,000
-4.94%
Current Estimated Value
$2,471,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,046,373
Avg. Annual Appreciation
9.04%
Original Mortgage
$1,140,000
Outstanding Balance
$983,850
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,487,523

Purchase Details

Closed on
Aug 20, 2003
Sold by
Kazanjian Associates Inc
Bought by
Lin Huei Ming and Lin Rosa J C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panna Iyer Balaji Janakiraman $1,425,000 None Available
Lin Huei Ming $2,010,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panna Iyer Balaji Janakiraman $1,140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $1,425,000 -4.9% $132 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $1,499,000 -- $139 / 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 $19,082 $669,750 $201,630 $468,120
2024 $19,082 $669,750 $201,630 $468,120
2023 $18,586 $669,750 $201,630 $468,120
2022 $18,211 $669,750 $201,630 $468,120
2021 $17,843 $669,750 $201,630 $468,120
2020 $20,160 $769,500 $201,630 $567,870
2019 $19,964 $769,500 $201,630 $567,870
2018 $23,263 $914,100 $201,630 $712,470
2017 $23,263 $914,100 $201,630 $712,470
2016 $20,897 $914,100 $201,630 $712,470
2015 $20,897 $914,100 $201,630 $712,470
2014 $20,897 $914,100 $201,630 $712,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT478246

Bright MLS

APN: 54-003-0455.0000