NOT LISTED FOR SALE

2 E Central Ave Paoli, PA 19301

Estimated Value: $1,029,000 - $1,192,000

5 Beds
3.5 Baths
5,039 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $540,000 $107 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,986/month

278 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to Paoli
  • Traditional Architecture
  • Hillside Elementary School Rated A+
  • Deck
  • 4-minute walk to Woodbine Park

About This Home

As of March 2020

Just reduced, great opportunity for investors wanting to purchase a rental property. Bargain of the season, owners say sell! Beautiful home in T/E school district. No HOA so you are in charge of your own home. This large 4/5 bedroom home has a walk-out basement and 3 full baths with 1 powder rooom. Small lot but surprisingly quiet location. Commute to NYC, Phila, Harrisburg or the local business areas. This 5 bedroom 3 bath home is walking distance to the Paoli train and all the local shops. Private setting shielded by evergreen trees and located in the sought after Tredyffrin-Easttown School district. Open interior with 9 ft ceilings and hardwood throughout with carpet in the bedrooms. This home has a large deck with masonry outdoor fireplace and whole house natural gas generator. The daylight finished basement has a built-in wet bar, game and exercise room as well as a full bath and bedroom. The 90 wall mounted flat screen tv completes the lower level set-up. Upstairs there are 4 bedrooms including the master which has a sitting room and walk in closet. One of the bedrooms has access to a large unfinished area which is perfect for storage. The main living level includes an office with built-ins as well as the usual LR, FR, Kitchen, DR and laundry. A place and a space for everyone. Good for multi generation living or perfect for your au pair situation.

Last Agent to Sell the Property

Grace Mengel

(610) 246-6089 gracemengel@gmail.com Tesla Realty Group, LLC License #SL3433213 Listed on: 05/08/2019

Tesla Realty Group, LLC

Last Buyer's Agent

Jim Arcidiacono

(302) 983-4640 jim@nextmovedelval.com KW Empower License #5001082

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,921

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Corner Lot
  • Property is in good condition
  • Property is zoned R3

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Front Loading Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Built by Palmer
  • Valley Hills Subdivision

Listing and Financial Details

  • Tax Lot 0118
  • Assessor Parcel Number 43-09L-0118

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,921

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 90" flat screen TV, whole house natural gas generator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Bar, Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Skylight(s), Wet/Dry Bar
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Laundry, Office, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Fully Finished, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 5039
  • Living Area Sq Ft: 5039
  • Price Per Sq Ft: 153.83
  • Above Grade Finished Sq Ft: 4089
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Stone, Mixed
  • Exterior Features: Bbq Grill
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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
  • Security: Security System
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 325990.00
  • Land Assessed Value: 61700.00
  • Lot Features: Corner, Cul-De-Sac
  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12110.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R3

Building Info

  • Builder Name: Palmer

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 319278
  • School Tax: 9258.00
  • Tax Annual Amount: 11921.00
  • Assessor Parcel Number: 43-09L-0118
  • Tax Lot: 0118
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Feb 24, 2020
Sold by
Lotan Ori and Lotan Cheri
Bought by
Buig Ehsan and Slkandar Sofia
Seller's Agent
Grace Mengel
Tesla Realty Group, LLC
Buyer's Agent
Jim Arcidiacono
KW Empower
List Price
$765,000
Sold Price
$540,000
Premium/Discount to List
-$225,000
-29.41%
Current Estimated Value
$1,118,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,400
Avg. Annual Appreciation
13.33%
Original Mortgage
$486,000
Outstanding Balance
$429,602
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$688,798

Purchase Details

Closed on
Dec 12, 2019
Sold by
Lotan Ori and Lotan Cheri
Bought by
Department Of Transportation

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 28, 2013
Sold by
Mogle Christopher and Mogle Jeri K
Bought by
Lotan Ori and Lotan Cheri
Seller's Agent
Dianne Giombetti
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Sandy Kauffman
Engel & Völkers
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%

Purchase Details

Closed on
Mar 9, 2005
Sold by
Paoli Builders Inc
Bought by
Palmer Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
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
Buig Ehsan $540,000 None Available
Department Of Transportation -- None Available
Lotan Ori $735,000 None Available
Palmer Jeffrey C $88,435 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buig Ehsan $486,000
Previous Owner Palmer Jeffrey C $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $540,000 -14.1% $107 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/07/2020 02/07/20 Price Changed $629,000 -1.6% $125 / Sq Ft
01/13/2020 01/13/20 Price Changed $639,000 -1.5% $127 / Sq Ft
11/11/2019 11/11/19 Price Changed $649,000 -4.4% $129 / Sq Ft
10/22/2019 10/22/19 Price Changed $679,000 -1.5% $135 / Sq Ft
09/16/2019 09/16/19 Price Changed $689,000 -1.4% $137 / Sq Ft
08/13/2019 08/13/19 Price Changed $699,000 -3.6% $139 / Sq Ft
07/31/2019 07/31/19 Price Changed $725,000 -3.3% $144 / Sq Ft
07/10/2019 07/10/19 Price Changed $749,999 -2.0% $149 / Sq Ft
05/08/2019 05/08/19 For Sale $765,000 +4.1% $152 / Sq Ft
06/28/2013 06/28/13 Sold $735,000 -2.0% $180 / Sq Ft View Prior Sale
04/22/2013 04/22/13 For Sale $750,000 -- $183 / 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 $13,656 $387,690 $61,700 $325,990
2024 $13,656 $387,690 $61,700 $325,990
2023 $12,827 $387,690 $61,700 $325,990
2022 $12,496 $387,690 $61,700 $325,990
2021 $12,259 $387,690 $61,700 $325,990
2020 $11,921 $387,690 $61,700 $325,990
2019 $11,347 $381,070 $61,700 $319,370
2018 $11,122 $381,070 $61,700 $319,370
2017 $10,857 $381,070 $61,700 $319,370
2016 -- $381,070 $61,700 $319,370
2015 -- $381,070 $61,700 $319,370
2014 -- $381,070 $61,700 $319,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT477870

Bright MLS

APN: 43-09L-0118.0000