$770,000
SOLD AUG 23, 2024

220 Gypsy Ln King of Prussia, PA 19406

4 Beds
3.5 Baths
3,589 Sq Ft
1.22 Acres

Recently Sold

$215 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Roberts Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Nestled in a hillside in Gulph Mills, this contemporary 4-bed, 3 1/2 bath home offers 3,589 sqft of modern turn-key living space. Enjoy privacy, captivating wooded views and abundant natural light from every window with minimal yard maintenance at this tranquil residence. Revel in GE Cafe appliances, vaulted ceilings, and hardwood floors. Unwind by the gas fireplace in the living room or entertain on the new Trex-style deck. The primary suite on the 3rd floor boasts walk-in closets and a luxurious bath, while the 2nd floor features 3 bedrooms, one ensuite and a hall bath. The finished lower level offers a family room with a wood stove and "Mad Men" style bar, plus an office, walkout patio, 1/2 bath, laundry and access to a one-car garage. The neighborhood has a park with new playground equipment, tennis and basketball courts, picnic tables and a creek. This great location is only 3 miles to King of Prussia Mall, 6 miles to Wayne, 18 miles to center city and 28 miles to the airport. The esteemed Gulph Mills Golf Club is nearby. Additionally, the property boasts low taxes and is located within the desirable Upper Merion School District, known for academic excellence.

Last Agent to Sell the Property

Ari Achackzad

Compass RE License #RS340802 Listed on: 07/11/2024

Compass RE

Co-Listed By

Marie Gordon

Compass RE License #RS282323

Last Buyer's Agent

Randy Krauss

Keller Williams Main Line License #AB048594L

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,227

Year Built

  • Built in 1972

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 106.00 x 0.00

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Gulph Mills Vil Subdivision

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 58-00-08974-508

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,227

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: garage refrigerator
  • Inclusions: kitchen refrigerator, washer and dryer all in as-is condition with no monetary value.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-11
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in a hillside in Gulph Mills, this contemporary 4-bed, 3 1/2 bath home offers 3,589 sqft of modern turn-key living space. Enjoy privacy, captivating wooded views and abundant natural light from every window with minimal yard maintenance at this tranquil residence. Revel in GE Cafe appliances, vaulted ceilings, and hardwood floors. Unwind by the gas fireplace in the living room or entertain on the new Trex-style deck. The primary suite on the 3rd floor boasts walk-in closets and a luxurious bath, while the 2nd floor features 3 bedrooms, one ensuite and a hall bath. The finished lower level offers a family room with a wood stove and "Mad Men" style bar, plus an office, walkout patio, 1/2 bath, laundry and access to a one-car garage. The neighborhood has a park with new playground equipment, tennis and basketball courts, picnic tables and a creek. This great location is only 3 miles to King of Prussia Mall, 6 miles to Wayne, 18 miles to center city and 28 miles to the airport. The esteemed Gulph Mills Golf Club is nearby. Additionally, the property boasts low taxes and is located within the desirable Upper Merion School District, known for academic excellence.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3589
  • Living Area Sq Ft: 3589
  • Price Per Sq Ft: 289.69
  • Above Grade Finished Sq Ft: 2589
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 220

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: UPPER MERION AREA
  • School District Key: 300200396617
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 1.22
  • Lot Dimensions: 106.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53000.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5720.00
  • Tax Annual Amount: 8227.00
  • Assessor Parcel Number: 58-00-08974-508
  • Tax Lot: 013
  • Tax Total Finished Sq Ft: 3589
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 08/23/2024

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 13, 2024
Sold by
Schwartz Stewart E
Bought by
Klingensmith Robert Cody and Yang Li
Seller's Agent
Ari Achackzad
Compass RE
Buyer's Agent
Randy Krauss
Keller Williams Main Line
List Price
$750,000
Sold Price
$770,000
Premium/Discount to List
$20,000
2.67%
Total Days on Market
5
Views
52
Current Estimated Value
$803,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,719
Avg. Annual Appreciation
5.37%
Original Mortgage
$695,852
Outstanding Balance
$690,982
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$112,737

Purchase Details

Closed on
Oct 2, 1991
Bought by
Schwartz Stewart E and Schwartz Patty J
Source: Public Records

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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 Type Sale Price Title Company
Deed $770,000 World Wide Land Transfer
Deed $206,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $695,852 VA
Previous Owner $408,171 New Conventional
Previous Owner $420,000 No Value Available
Previous Owner $378,300 New Conventional
Previous Owner $391,375 No Value Available
Previous Owner $335,000 No Value Available
Previous Owner $80,000 No Value Available
Previous Owner $70,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $770,000 +2.7% $215 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $750,000 -- $209 / 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
2024 $8,014 $260,030 $107,320 $152,710
2023 $7,730 $260,030 $107,320 $152,710
2022 $7,399 $260,030 $107,320 $152,710
2021 $7,170 $260,030 $107,320 $152,710
2020 $6,851 $260,030 $107,320 $152,710
2019 $6,734 $260,030 $107,320 $152,710
2018 $6,733 $260,030 $107,320 $152,710
2017 $6,492 $260,030 $107,320 $152,710
2016 $6,390 $260,030 $107,320 $152,710
2015 $6,155 $260,030 $107,320 $152,710
2014 $6,155 $260,030 $107,320 $152,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2110116

Bright MLS

APN: 58-00-08974-508