NOT LISTED FOR SALE

206 Cherry Ln Unit 4 Kennett Square, PA 19348

Estimated Value: $502,000 - $544,000

3 Beds
2.5 Baths
2,122 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $340,000 $160 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,140/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Kennett High School Rated A-
  • Attic
  • Living Room

About This Home

As of July 2020

With an elegant open floor plan, gorgeous upgrades and 9' ceilings, this lovely town home in sought-after Schoolhouse Lane backs to the beauty of the natural wooded area. Upon entering, notice the gleaming hardwood floors extending throughout the extensive foyer, powder room and kitchen. The open living room with triple windows and a dining area, flow directly to the gourmet kitchen and a family room with a gas fireplace. This kitchen has everything; a brand new LG black stainless appliances including a convection oven, high-end model dishwasher, microwave and refrigerator leaves no unwanted fingerprints all over your kitchen appliances! Along with the kitchen appliances, you will find brand new granite counter-tops, a breakfast bar with seating, and a new spigot at the large sink. Glass slider doors open to the deck for enjoying the outdoors. Upstairs, the roomy landing has a laundry closet for convenience. The Master Bedroom features a high tray ceiling, walk-in closet and private tiled bath with double sink vanity, soaking tub and shower stall. The two additional bedrooms have ample closet space and a full tiled bath. The full basement is ready to finish for additional living space. This home will not disappoint!

Last Agent to Sell the Property

Linda O'Sullivan

(610) 742-3056 linda@osullivanrealtygroup.com Keller Williams Real Estate - West Chester License #RS227922L Listed on: 02/07/2020

Keller Williams Real Estate - West Chester

Last Buyer's Agent

MARGOT LACOMBE

(302) 312-3211 margot.lacombe22@gmail.com RE/MAX Elite License #RS343755

RE/MAX Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 2003

Lot Details

  • 1,042

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,122 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Laundry on upper level
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Additional Features

  • 1,042 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0360
  • Assessor Parcel Number 61-06 -0360

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include snow removal, common area maintenance, trash, exterior building maintenance, lawn maintenance
  • $550 Other One-Time Fees
  • Schoolhouse Lane HOA, Phone Number (484) 614-3421
  • Schoolhouse Lane Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,706

Year Built

Built in 2003

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Remarks Public: With an elegant open floor plan, gorgeous upgrades and 9' ceilings, this lovely town home in sought-after Schoolhouse Lane backs to the beauty of the natural wooded area. Upon entering, notice the gleaming hardwood floors extending throughout the extensive foyer, powder room and kitchen. The open living room with triple windows and a dining area, flow directly to the gourmet kitchen and a family room with a gas fireplace. This kitchen has everything; a brand new LG black stainless appliances including a convection oven, high-end model dishwasher, microwave and refrigerator leaves no unwanted fingerprints all over your kitchen appliances! Along with the kitchen appliances, you will find brand new granite counter-tops, a breakfast bar with seating, and a new spigot at the large sink. Glass slider doors open to the deck for enjoying the outdoors. Upstairs, the roomy landing has a laundry closet for convenience. The Master Bedroom features a high tray ceiling, walk-in closet and private tiled bath with double sink vanity, soaking tub and shower stall. The two additional bedrooms have ample closet space and a full tiled bath. The full basement is ready to finish for additional living space. This home will not disappoint!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Bathroom 2, Attic, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Level, Connecting Stairway, Outside Entrance
  • Laundry Type: Upper Floor, Has Laundry, Common, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2122
  • Living Area Sq Ft: 2122
  • Price Per Sq Ft: 160.18
  • Above Grade Finished Sq Ft: 2122
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • View: Trees/Woods
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Built In, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Common Area Maintenance, Trash, Ext Bldg Maint, Lawn Maintenance
  • HOA Name: SCHOOLHOUSE LANE
  • HOA Phone: 484-614-3421
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 550.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 500.00

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 124410.00
  • Land Assessed Value: 59990.00
  • Land Use Code: R10
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1042.00
  • Year Assessed: 2020
  • Zoning: MU

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4540817
  • School Tax: 5707.00
  • Tax Annual Amount: 6706.00
  • Assessor Parcel Number: 61-06 -0360
  • Tax Lot: 0360
  • Tax Total Finished Sq Ft: 2122
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 07/02/2020

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jun 25, 2020
Sold by
Clark Teresa C
Bought by
Donovan Karen
Seller's Agent
Linda O'Sullivan
Keller Williams Real Estate - West Chester
Buyer's Agent
MARGOT LACOMBE
RE/MAX Elite
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Current Estimated Value
$521,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,383
Avg. Annual Appreciation
8.40%
Original Mortgage
$323,000
Outstanding Balance
$286,415
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$234,968

Purchase Details

Closed on
Oct 28, 2003
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Clark Teresa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Donovan Karen $340,000 Best Abstract Llc
Clark Teresa C $251,791 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Karen $323,000
Previous Owner Clark Teresa C $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $340,000 0.0% $160 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $339,900 -2.6% $160 / Sq Ft
02/07/2020 02/07/20 For Sale $349,000 0.0% $164 / Sq Ft
01/31/2014 01/31/14 Rented $1,975 0.0% --
01/27/2014 01/27/14 Under Contract -- -- --
01/13/2014 01/13/14 For Rent $1,975 -- --
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 $1,242 $184,400 $59,990 $124,410
2024 $1,242 $184,400 $59,990 $124,410
2023 $1,242 $184,400 $59,990 $124,410
2022 $1,033 $184,400 $59,990 $124,410
2021 $1,242 $184,400 $59,990 $124,410
2020 $999 $184,400 $59,990 $124,410
2019 $1,208 $184,400 $59,990 $124,410
2018 $1,208 $184,400 $59,990 $124,410
2017 $1,208 $184,400 $59,990 $124,410
2016 $731 $184,400 $59,990 $124,410
2015 $731 $184,400 $59,990 $124,410
2014 $731 $184,400 $59,990 $124,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT498204

Bright MLS

APN: 61-006-0360.0000