NOT LISTED FOR SALE

2 Frame Ave Malvern, PA 19355

Estimated Value: $785,000 - $975,000

4 Beds
2.5 Baths
2,600 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $575,000 $221 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,384/month

Highlights

  • New Construction
  • Gourmet Kitchen
  • Colonial Architecture
  • Sugartown Elementary School Rated A-
  • Open Floorplan
  • Two Story Ceilings

About This Home

As of July 2021

To Be Built New Construction home in 2 lot subdivision featuring a 1 acre lot in award winning Great Valley School District. Location location location as this property is just minutes from King of Prussia, West Chester and routes 202, 30 and 76 as well as convenience to train station along the main line. This home boasts high quality features as standards that other builders do not. Amongst the features on the first floor are 9-foot ceilings, hand-scraped hardwood floors in foyer, formal living room, dining room, kitchen and breakfast area. Other features include oak hardwood staircase with custom wrought iron rails as well as an expansive 2 story family room with gas fireplace. The home has an upgraded trim package throughout including tray ceiling, double chair & crown molding in dining room. Multiple rounded archways adorne the formal section of the first floor. Kitchen features high-quality semi-custom century cabinets, large center island, granite countertops, ceramic backsplash, large pantry closet, and stainless appliances. Spacious laundry/mudroom features ceramic tile and natural light. The spacious master suite includes tray ceiling, a walk-in beautifully tiled shower with frameless glass door, double vanity sink and expansive walk-in closet. Shared bath features ceramic tiled floor and shower as well as double vanity. Second story media area adjoins the 3 other bedrooms all of which are generously sized. All bedrooms feature large closets as well as a seasonal walk-in closet on 2nd floor. Sprinkler system installed for safety and lower insurance costs. Basement has 9' walls with egress window.

Last Agent to Sell the Property

Matt Gorham

(610) 842-2686 matt@mattgorhamteam.com Keller Williams Real Estate -Exton Listed on: 05/20/2020

Keller Williams Real Estate -Exton

Last Buyer's Agent

Mary Hill

(484) 880-2943 marykatherine@thathouseonahill.com Keller Williams Real Estate -Exton License #RS271772

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1 Acre Lot
  • East Facing Home
  • Sprinkler System
  • Property is in excellent condition

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Tray Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System
  • Laundry on main level

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42-03 -0144

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,114

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: To Be Built New Construction home in 2 lot subdivision featuring a 1 acre lot in award winning Great Valley School District. Location location location as this property is just minutes from King of Prussia, West Chester and routes 202, 30 and 76 as well as convenience to train station along the main line. This home boasts high quality features as standards that other builders do not. Amongst the features on the first floor are 9-foot ceilings, hand-scraped hardwood floors in foyer, formal living room, dining room, kitchen and breakfast area. Other features include oak hardwood staircase with custom wrought iron rails as well as an expansive 2 story family room with gas fireplace. The home has an upgraded trim package throughout including tray ceiling, double chair & crown molding in dining room. Multiple rounded archways adorne the formal section of the first floor. Kitchen features high-quality semi-custom century cabinets, large center island, granite countertops, ceramic backsplash, large pantry closet, and stainless appliances. Spacious laundry/mudroom features ceramic tile and natural light. The spacious master suite includes tray ceiling, a walk-in beautifully tiled shower with frameless glass door, double vanity sink and expansive walk-in closet. Shared bath features ceramic tiled floor and shower as well as double vanity. Second story media area adjoins the 3 other bedrooms all of which are generously sized. All bedrooms feature large closets as well as a seasonal walk-in closet on 2nd floor. Sprinkler system installed for safety and lower insurance costs. Basement has 9' walls with egress window.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Chair Railings, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 226.88
  • Above Grade Finished Sq Ft: 2600
  • Below Grade Sq Ft: 1300
  • Total Below Grade Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • 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: 4
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Assessed Value: 41550.00
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 308493
  • School Tax: 906.00
  • Tax Annual Amount: 1114.00
  • Assessor Parcel Number: 42-03 -0144
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/09/2021

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 2, 2021
Sold by
Sloan Homes Llc
Bought by
Mutgi Milind and Mutgi Shweta
Seller's Agent
Matt Gorham
Keller Williams Real Estate -Exton
Buyer's Agent
Mary Hill
Keller Williams Real Estate -Exton
List Price
$589,900
Sold Price
$575,000
Premium/Discount to List
-$14,900
-2.53%
Current Estimated Value
$881,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,518
Avg. Annual Appreciation
10.58%
Original Mortgage
$517,500
Outstanding Balance
$469,981
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$411,537

Purchase Details

Closed on
Dec 16, 2020
Sold by
Celia Anthony
Bought by
Sloan Homes Llc

Purchase Details

Closed on
Jul 1, 1987
Bought by
Celia Anthony and Celia Josephine B
Source: Public Records

Range of Values:

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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
Mutgi Milind $575,000 First Land Transfer Llc
Sloan Homes Llc $110,000 None Available
Celia Anthony $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutgi Milind $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $575,000 -2.5% $221 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $589,900 -- $227 / 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 $8,308 $289,930 $51,610 $238,320
2024 $8,308 $289,930 $51,610 $238,320
2023 $8,094 $289,930 $51,610 $238,320
2022 $1,137 $41,550 $41,550 $0
2021 $1,114 $41,550 $41,550 $0
2020 $1,095 $41,550 $41,550 $0
2019 $5,062 $41,550 $41,550 $0
2018 $1,049 $40,950 $40,950 $0
2017 $1,049 $40,950 $40,950 $0
2016 $942 $40,950 $40,950 $0
2015 $942 $40,950 $40,950 $0
2014 $942 $40,950 $40,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT506502

Bright MLS

APN: 42-003-0144.0000