NOT LISTED FOR SALE

2 Highland Hill Ln Malvern, PA 19355

Estimated Value: $1,686,000 - $2,168,000

4.57 Acres
$428,112 Price per Acre
199,069 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $450,000 $70 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $10,873/month

128 Days on Market

Highlights

  • 4.57 Acre Lot
  • Cul-De-Sac
  • En-Suite Primary Bedroom
  • Charlestown Elementary School Rated A

About This Lot

As of February 2016

Rarely does an extraordinary opportunity such as this present itself. This magnificent 4.57 acre lot sits at the end of a cul-de-sac in the executive community of The Highlands. It is complete with a gorgeous meandering tree lined circular driveway, mature landscaping including beautifully manicured lawns, fences and flagstone patios. No subdivision or zoning issues, no builder tie-in to deal with, just build your dream home in this spectacularly private setting. If you are looking for the ideal situation in Chester County, this cannot be matched. Engineers report indicates the foundation is likely reusable, though any prospective buyer should confirm these findings. The septic system and onsite well were both functional prior to the fire, though any prospective buyer should confirm the condition of both. The seller makes no representations or offers any warranties for the condition of any existing systems, and is offering the property in "as is" condition. For more information please contact the listing agent.

Last Agent to Sell the Property

Jeff Pendergast

Compass RE Listed on: 08/13/2015

Compass RE

Last Buyer's Agent

Shawn Tammaro

Entourage Elite Real Estate-Conshohocken License #RM422605

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,963

Lot Details

  • 4.57 Acre Lot
  • Cul-De-Sac
  • The property's topography is level, rolling, part wooded

HOA Fees

  • $167 Monthly HOA Fees

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Well
  • On Site Septic
  • Phone Available
  • Cable TV Available

Community Details

  • The Highlands Subdivision

Listing and Financial Details

  • Tax Lot 0053.0700
  • Assessor Parcel Number 35-03 -0053.0700

Property Details

Property Type

Land

Est. Annual Taxes

$5,963

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 2.64
  • Street Number Modifier: 2

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available, Phone Available, Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 4.57
  • Lot Dimensions: 0X0, LotWidth:20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 198939.00
  • Topography: Level, Rolling, Part Wooded
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5963.00
  • Assessor Parcel Number: 35-03 -0053.0700
  • Tax Lot: 0053.0700
  • Tax Year: 2016
  • Close Date: 02/12/2016

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Feb 12, 2016
Sold by
Flick V Lawrence F and Flick Alison H
Bought by
Tammaro Shawn M and Tammaro Elizabeth J
Seller's Agent
Jeff Pendergast
Compass RE
Buyer's Agent
Shawn Tammaro
Entourage Elite Real Estate-Conshohocken
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%
Current Estimated Value
$1,956,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,506,473
Avg. Annual Appreciation
15.57%
Original Mortgage
$337,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2006
Sold by
Scipione Kathleen M and Nvs Custom Homes Lp
Bought by
Flick V Lawrence F and Flick Alison H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tammaro Shawn M $450,000 None Available
Flick V Lawrence F $1,250,127 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tammaro Shawn M $415,000
Open Tamar Shawn M $777,000
Closed Tammaro Shawn M $200,000
Closed Tammaro Shawn M $880,000
Closed Tammaro Shawn M $337,500
Previous Owner Flick V Lawrence F $140,000
Previous Owner Flick V Lawrence F $1,050,000
Previous Owner Flick V Lawrence F $1,000,000
Previous Owner Flick V Lawrence F $350,000
Previous Owner Flick V Lawrence F $1,000,000
Previous Owner Flick V Lawrence F $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $450,000 -24.4% $70 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $595,000 -- $92 / 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 $546 $728,000 $236,310 $491,690
2024 $21,084 $728,000 $236,310 $491,690
2023 $20,545 $728,000 $236,310 $491,690
2022 $20,137 $728,000 $236,310 $491,690
2021 $19,398 $715,500 $236,310 $479,190
2020 $19,082 $715,500 $236,310 $479,190
2019 $18,899 $715,500 $236,310 $479,190
2018 $26,653 $1,028,310 $236,310 $792,000
2017 $6,125 $236,310 $236,310 $0
2016 $15,366 $236,310 $236,310 $0
2015 $15,366 $668,220 $236,310 $431,910
2014 $15,366 $668,220 $236,310 $431,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003570931

Bright MLS

APN: 35-003-0053.0700