NOT LISTED FOR SALE

20 Founders Way Downingtown, PA 19335

Estimated Value: $888,661 - $955,000

4 Beds
2.5 Baths
3,296 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $715,000 $217 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,488/month

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Open Floorplan
  • Shamona Creek Elementary School Rated A
  • 1.1 Acre Lot
  • Curved or Spiral Staircase

About This Home

As of June 2021

This is your lucky day because only relocation makes this home available. Welcome to 20 Founders Way, Downingtown, situated in the beautiful and sought out Lakeridge community near the Marsh Creek State Park. This nicely updated 4 BR, 2.5-bath home is located in the award-winning Downingtown Area School District (West High School), featuring the Downingtown STEM Academy and within walking distance to Shamona Creek Elementary School. The first floor has an open floor plan with a formal dining room, family room with a gas fireplace and an upgraded eat-in breakfast area. There is a well-designed, updated mudroom with access to the 3-car garage. A first-floor private office, formal living room and half bath complete the first floor. Two stairways lead upstairs to a large primary bedroom with a sitting area and fireplace, an updated bathroom, and a very, large walk-in closet. There are three additional bedrooms, a hall bath, and an upstairs washer & dryer on the second floor. This home is in excellent condition including a newer furnace, AC, and water heater. The home sits on a beautiful landscaped 1.1 acre lot and includes a patio, play area and separate storage shed. Conventiently located within minutes from major highways, shopping, restaurants, parks, Eagleview's restaurant row and community activities and so much more. Book your showings now – you won’t be disappointed in this home!

Last Agent to Sell the Property

The Murphy Team LLC

(484) 883-0499 smurphy@mkgre.com Long & Foster Real Estate, Inc. License #RS284953 Listed on: 04/08/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Michael McKee

(610) 247-9154 mmckee@mkgre.com Long & Foster Real Estate, Inc. License #RS-0022204

Last Buyer's Agent

Lisa Thompson

(484) 883-0117 lthompson@mkgre.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,989

Year Built

  • Built in 1996

Lot Details

  • 1.1 Acre Lot
  • Landscaped
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R-10

Parking

  • 3 Car Direct Access Garage
  • 8 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,296 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Brick Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Basement

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Flood Lights

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Playground

Schools

  • Shamona Creek Elementary School
  • Downingtown Middle School
  • Downingtown High School West Campus

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Programmable Thermostat
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakeridge Subdivision

Listing and Financial Details

  • Tax Lot 0025.8800
  • Assessor Parcel Number 32-06 -0025.8800

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,989

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-04-08
  • Year Built: 1996
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Self Cleaning, Oven/Range - Gas, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Curved Staircase, Dining Area, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Insulated, Screens, Skylights
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, Dry Wall, Vaulted Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Laundry, Office, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3296
  • Living Area Sq Ft: 3296
  • Price Per Sq Ft: 201.76
  • Above Grade Finished Sq Ft: 3296
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Concrete, Vinyl Siding
  • Exterior Features: Exterior Lighting, Flood Lights, Play Area, Secure Storage
  • Roof: Pitched, Shingle
  • View: Garden/Lawn, Trees/Woods
  • 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
  • Parking Features: Paved Driveway, Private
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Humidifier, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Connected, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHAMONA CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 165610.00
  • Land Assessed Value: 78190.00
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47916.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: R-10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 280629
  • School Tax: 6627.00
  • Tax Annual Amount: 7989.00
  • Assessor Parcel Number: 32-06 -0025.8800
  • Tax Lot: 0025.8800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 8, 2021
Sold by
Zell Jeffrey D and Zell Kristine M
Bought by
Robertson George W and Robertson Lindsay B
Seller's Agent
The Murphy Team LLC
Long & Foster Real Estate, Inc.
Buyer's Agent
Lisa Thompson
Long & Foster Real Estate, Inc.
List Price
$665,000
Sold Price
$715,000
Premium/Discount to List
$50,000
7.52%
Current Estimated Value
$912,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,165
Avg. Annual Appreciation
5.73%
Original Mortgage
$448,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Nov 12, 2019
Sold by
Stoops Timothy G and Stoops Meaghan K
Bought by
Zell Jeffrey D and Zell Kristine M
Seller's Agent
Erica Lundmark
Coldwell Banker Realty
Buyer's Agent
The Murphy Team LLC
Long & Foster Real Estate, Inc.
List Price
$619,000
Sold Price
$625,000
Premium/Discount to List
$6,000
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$562,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Leech Michael Stephen and Leech Karen Leigh
Bought by
Stoops Timothy G and Stoops Meaghan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2008
Sold by
Shute Charles L and Shute Diane L
Bought by
Leech Michael Stephen and Leech Karen Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1996
Sold by
Lakeridge Lp
Bought by
Shute Charles L and Shute Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Robertson George W $715,000 Sage Premier Settlements
Zell Jeffrey D $625,000 Sage Premier Settlements
Stoops Timothy G $505,000 Commonwealth Land Title Insu
Leech Michael Stephen $460,000 None Available
Shute Charles L $325,785 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson George W $448,000
Previous Owner Zell Jeffrey D $562,500
Previous Owner Stoops Timothy G $404,000
Previous Owner Leech Michael Stephen $368,000
Previous Owner Shute Charles L $250,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $715,000 +7.5% $217 / Sq Ft
04/12/2021 04/12/21 Price Changed $665,000 -7.0% $202 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $715,000 +7.5% $217 / Sq Ft
04/08/2021 04/08/21 For Sale $665,000 +6.4% $202 / Sq Ft
11/04/2019 11/04/19 Sold $625,000 +1.0% $190 / Sq Ft View Prior Sale
09/11/2019 09/11/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $619,000 -- $188 / 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 $8,568 $243,800 $78,190 $165,610
2024 $8,568 $243,800 $78,190 $165,610
2023 $8,324 $243,800 $78,190 $165,610
2022 $8,121 $243,800 $78,190 $165,610
2021 $7,989 $243,800 $78,190 $165,610
2020 $7,944 $243,800 $78,190 $165,610
2019 $7,944 $243,800 $78,190 $165,610
2018 $7,944 $243,800 $78,190 $165,610
2017 $7,944 $243,800 $78,190 $165,610
2016 $7,553 $243,800 $78,190 $165,610
2015 $7,553 $243,800 $78,190 $165,610
2014 $7,553 $243,800 $78,190 $165,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT532742

Bright MLS

APN: 32-006-0025.8800