NOT LISTED FOR SALE

220 S Broad St Kennett Square, PA 19348

Estimated Value: $1,021,000 - $1,361,000

5 Beds
5 Baths
3,751 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $1,195,000 $319 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,157/month

4 Days on Market

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • Victorian Architecture
  • Kennett High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of October 2024

***PUBLIC OPEN HOUSES --WED, 9-11-24, 1 PM - 3PM and THURS, 9-12-24, 4pm - 6 pm**** A historic investment opportunity in vibrant Kennett Borough! Welcome to the John Mendenhall House, a timeless Victorian gem built in 1873, nestled on a desirable corner lot in the heart of Kennett Borough. This rare multi-building property not only offers a spacious and elegant main residence, but also includes a second dwelling that presents an EXCEPTIONAL RENTAL OR GUEST SUITE OPPORTUNITY!

Nestled in the heart of growing Kennett Square Borough, this property offers an unparalleled location. Just a short walk away from the lively downtown area, you can indulge in the borough's renowned restaurants, explore charming shops, and partake in a variety of community activities. The allure of this sought-after neighborhood is further enhanced by nearby attractions such as Anson B. Nixon Park, The Creamery, and Braeloch Brewery, providing endless opportunities for recreation and entertainment.

The John Mendenhall House is a stunning display of historic charm and elegance. The main home boasts grand living spaces with soaring 9-foot ceilings and gleaming hardwood floors throughout. Modern upgrades seamlessly integrate with the home’s historic elements, with recent enhancements including a new boiler, tankless hot water heater, HVAC system, dishwasher, fridge, microwave, and washer and dryer. At the heart of the home lies an expansive kitchen, perfect for gatherings, featuring a double-sized center island and a newly added mudroom with its own outside entrance. The third level offers additional versatile space with three finished rooms, each heated and cooled, ideal for extra sleeping areas, playrooms, or storage. Outdoor living is a delight with a large front porch adorned with wrought iron columns, a renovated screened-in porch at the rear, and a fenced backyard offering privacy and relaxation. Parking is never an issue, with a two-car garage, driveway, and additional on-street options available.

The second building adds a unique experience not often found in the borough. The generous 1,200 square feet of living space is a prime rental option. Features include 2 bedrooms, 1.5 baths, a full kitchen with island and granite counters, spacious living and dining areas, a convenient laundry room, and a large front porch. Whether you’re looking for a reliable source of rental income or a separate guest suite, this space will certainly enhance the property's value. The combination of a prime location, historic charm, and dual-living potential makes this property a remarkable investment. Enjoy living in the beautifully restored main house while generating income from the second dwelling or use both spaces to accommodate multi-generational living. The possibilities are endless, making this an opportunity not to be missed. Secure your chance to own a piece of Kennett Square’s history while making a valuable investment in one of the borough’s most desirable locations. PROFESSIONAL PHOTOS COMING FRI 9/6

Last Agent to Sell the Property

Jill Taylor

(610) 731-4876 jill@taylorexperience.com Keller Williams Realty Devon-Wayne License #RS324642 Listed on: 09/11/2024

Keller Williams Realty Devon-Wayne

Last Buyer's Agent

Lew Esposito

(610) 470-1475 lewesposito@yahoo.com RE/MAX Preferred - Newtown Square License #RS0039122

RE/MAX Preferred - Newtown Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,884

Year Built

  • Built in 1873

Lot Details

  • 7,125 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Back Yard Fenced, Front and Side Yard
  • Property is zoned R3, Residential. Multi Unit (2)

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,751 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Low Ceilings
  • Wood Burning Fireplace
  • Brick Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Schools

  • Kennett High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Screened Patio
  • Additional Residence on Property

Community Details

  • No Home Owners Association
  • Kennett Sq Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-03 -0205

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,884

Year Built

Built in 1873

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Chest freezer in basement.
  • Inclusions: Kitchen appliances, basement fridge, washer, dryer, all in as is condition.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-11
  • Year Built: 1873
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In, 2nd Kitchen, Bathroom - Walk-In Shower, Breakfast Area, Kitchen - Table Space, Wood Floors
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Low
  • Foundation Details: Stone
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Mud Room, Bathroom 1, Bathroom 2, Half Bath, Screened Porch
  • Basement: Yes
  • Basement Type: Full, Unfinished, Sump Pump
  • Laundry Type: Basement
  • Total Sq Ft: 3751
  • Living Area Sq Ft: 3751
  • Price Per Sq Ft: 318.58
  • Above Grade Finished Sq Ft: 3751
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House, Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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: Concrete Driveway
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • High School: KENNETT

Lot Info

  • Fencing: Rear, Wood
  • Lot Features: Corner, Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7125.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: R3
  • Zoning Description: Residential. Multi Unit (2)

Rental Info

  • Total Actual Rent: 27000.00
  • Vacation Rental: No

Tax Info

  • School Tax: 6638.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 9884.00
  • Assessor Parcel Number: 03-03 -0205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Sep 27, 2024
Sold by
Wise Jeffrey C and Rising Claire H
Bought by
Ganti Ravi Sriniwas and Ganti Elizabeth Paige
Seller's Agent
Jill Taylor
Keller Williams Realty Devon-Wayne
Buyer's Agent
Lew Esposito
RE/MAX Preferred - Newtown Square
List Price
$1,195,000
Sold Price
$1,195,000
Views
18
Current Estimated Value
$1,207,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,436
Avg. Annual Appreciation
0.95%

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 23, 2016
Sold by
Harper Raymond
Bought by
Wise Jeffrey C and Rising Claire H
Seller's Agent
Tom O'Neill & Lynn Hinckley
Realty Mark Associates - KOP
Buyer's Agent
Mike Ciunci
KW Greater West Chester
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2011
Sold by
Groome James F and Caputo Groome Rosanna M
Bought by
Harper Raymond

Purchase Details

Closed on
Jan 9, 1995
Sold by
Gooden Marilyn K
Bought by
Groome James F and Caputo Groome Rosanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ganti Ravi Sriniwas $1,195,000 None Listed On Document
Wise Jeffrey C $630,000 None Available
Harper Raymond $290,000 None Available
Groome James F $117,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wise Jeffrey C $417,000
Previous Owner Groome James F $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $1,195,000 0.0% $319 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $1,195,000 +89.7% $319 / Sq Ft
04/01/2016 04/01/16 Sold $630,000 -3.1% $268 / Sq Ft View Prior Sale
02/11/2016 02/11/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $649,900 -- $277 / 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 $9,884 $202,840 $31,860 $170,980
2024 $9,884 $202,840 $31,860 $170,980
2023 $9,582 $202,840 $31,860 $170,980
2022 $8,757 $202,840 $31,860 $170,980
2021 $8,679 $202,840 $31,860 $170,980
2020 $8,533 $202,840 $31,860 $170,980
2019 $8,431 $202,840 $31,860 $170,980
2018 $8,235 $202,840 $31,860 $170,980
2017 $8,105 $202,840 $31,860 $170,980
2016 $476 $181,710 $31,860 $149,850
2015 $476 $181,710 $31,860 $149,850
2014 $476 $119,990 $31,860 $88,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2073574

Bright MLS

APN: 03-003-0205.0000