NOT LISTED FOR SALE

208 Cheyney Dr West Chester, PA 19382

Estimated Value: $393,000 - $621,000

2 Beds
2.5 Baths
-- Sq Ft
0.92 Acres

Last Sold March 20, 2019

Last sale price $225,000

Est. 140% increase in value since last sale

Current estimated payment $3,280/month

Highlights

  • Rambler Architecture
  • 2 Fireplaces
  • Forced Air Heating System
  • Sarah W Starkweather Elementary School Rated A
  • No HOA

About This Home

As of March 2019

Opportunity for buyer to gain sweat equity in a great neighborhood in West Chester. This formerly 3br 2.5 bath home was converted into a 2br, with a larger master suite could be converted back to a 3br. The first floor features nice dining room with fireplace, open family area which leads into a kitchen with newer cabinets and open feel. Also on main floor are 2 bedrooms, including a master with large closet and private bathroom. The fenced in yard has tons of space, and above ground pool that was working last summer. The basement is finished, and has a stone fireplace and lots of storage. This home needs work and will not work for all types of loans including FHA and USDA. Current powder room in basement is dysfunctional and is in need of major repair or omission. The home is priced accordingly considering its deficiencies. Seller has not resided in home and it has been tenant occupied for 37 years. Seller desires to sell the property in "as-is" condition, but all offers will be reviewed.

Last Agent to Sell the Property

Matt Gorham

Keller Williams Real Estate -Exton Listed on: 01/03/2019

Keller Williams Real Estate -Exton

Last Buyer's Agent

Matt Gorham

Keller Williams Real Estate -Exton Listed on: 01/03/2019

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1961

Lot Details

  • 0.92 Acre Lot
  • Property is zoned R2

Home Design

  • Rambler Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Westview Acres Subdivision

Listing and Financial Details

  • Tax Lot 0020.0700
  • Assessor Parcel Number 67-04 -0020.0700

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1961
  • Remarks Public: Opportunity for buyer to gain sweat equity in a great neighborhood in West Chester. This formerly 3br 2.5 bath home was converted into a 2br, with a larger master suite could be converted back to a 3br. The first floor features nice dining room with fireplace, open family area which leads into a kitchen with newer cabinets and open feel. Also on main floor are 2 bedrooms, including a master with large closet and private bathroom. The fenced in yard has tons of space, and above ground pool that was working last summer. The basement is finished, and has a stone fireplace and lots of storage. This home needs work and will not work for all types of loans including FHA and USDA. Current powder room in basement is dysfunctional and is in need of major repair or omission. The home is priced accordingly considering its deficiencies. Seller has not resided in home and it has been tenant occupied for 37 years. Seller desires to sell the property in "as-is" condition, but all offers will be reviewed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 208

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96610.00
  • Land Assessed Value: 60270.00
  • Lot Size Acres: 0.92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40093.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 381645
  • School Tax: 3337.00
  • Tax Annual Amount: 4572.00
  • Assessor Parcel Number: 67-04 -0020.0700
  • Tax Lot: 0020.0700
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/20/2019

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 20, 2019
Sold by
Smith Lori W and Smith Susan R
Bought by
Schmidt Jakob Matthew
Seller's Agent
Matt Gorham
Keller Williams Real Estate -Exton
Buyer's Agent
Matt Gorham
Keller Williams Real Estate -Exton
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$539,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,754
Avg. Annual Appreciation
13.86%
Original Mortgage
$300,000
Outstanding Balance
$264,284
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$257,350

Purchase Details

Closed on
Sep 19, 2018
Sold by
Smith T Hamill and The Estate Of Elizabeth C Smit
Bought by
Smith Lori W and Smith Susan R
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
Schmidt Jakob Matthew $225,000 None Available
Smith Lori W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jakob Matthew $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $225,000 0.0% --
03/06/2019 03/06/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $225,000 -10.0% --
02/26/2019 02/26/19 For Sale $250,000 0.0% --
01/08/2019 01/08/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $250,000 -- --
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 $4,849 $156,880 $60,270 $96,610
2024 $4,849 $156,880 $60,270 $96,610
2023 $4,816 $156,880 $60,270 $96,610
2022 $4,724 $156,880 $60,270 $96,610
2021 $4,661 $156,880 $60,270 $96,610
2020 $4,633 $156,880 $60,270 $96,610
2019 $4,572 $156,880 $60,270 $96,610
2018 $4,479 $156,880 $60,270 $96,610
2017 $4,388 $156,880 $60,270 $96,610
2016 $3,502 $156,880 $60,270 $96,610
2015 $3,502 $156,880 $60,270 $96,610
2014 $3,502 $156,880 $60,270 $96,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT284902

Bright MLS

APN: 67-004-0020.0700