NOT LISTED FOR SALE

221 Chaingate Cir Landenberg, PA 19350

Estimated Value: $652,000 - $779,000

4 Beds
2.5 Baths
4,251 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $615,000 $145 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,617/month

6 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Clubhouse
  • Kennett High School Rated A-
  • Community Lake
  • 1 Fireplace

About This Home

As of July 2023

Somerset Lake living at its best! Don't miss this gorgeous, 4 BRM/2.5 BA colonial in the Meadows at Somerset Lake. Features include beautiful hardwood floors throughout, updated windows with Low E, 9 ft ceilings on main level, tankless hot water heater, new driveway, and the list goes on... The large, updated gourmet kitchen has 42" cabinets, Zodiac countertops, tiled backsplash, stainless appliances & a fantastic gas stove and additional wall oven. The kitchen is wide open to the family room featuring a fireplace and sliders leading to a large, elevated, composite deck overlooking a beautifully landscaped yard. There is a mudroom off the garage with built-ins. Upstairs, the large primary bedroom suite boasts vaulted ceilings, a beautifully updated bathroom with radiant heat ,and double closets. There are three additional spacious bedrooms and full hall bath on upper level as well. A finished walk-out lower level is complete with two rooms for relaxing or entertaining. Enjoy all of the amenities this wonderful community has to offer including a Club House, Fitness Center, Jog/Walk Path, Lake, Swimming Pool, and Tennis Courts. There is also a safe walking path from the backyard through the woods to the pool, clubhouse, and lake. ***Sellers also have a boat slip on the lake which is transferrable***

Last Agent to Sell the Property

Michael McCullough

(302) 893-7601 mmccullough@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/22/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Deborah Baker

(302) 239-3002 dbaker@psre.com Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,495

Year Built

  • Built in 1992

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0241
  • Assessor Parcel Number 60-06 -0241

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Somerset Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,495

Year Built

Built in 1992

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Kitchen Refrigerator, upstairs window coverings, Master Walk-in closet shelving
  • Inclusions: Washer, Dryer, Garage Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Office
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Outside Entrance
  • Total Sq Ft: 4251
  • Living Area Sq Ft: 4251
  • Price Per Sq Ft: 193.56
  • Above Grade Finished Sq Ft: 3151
  • Below Grade Finished Sq Ft: 1100
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 221

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Architectural Shingle, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump(s), Forced Air, Central
  • Heating: Yes
  • Hot Water: Tankless, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Jog/Walk Path, Pool - Outdoor, Lake, Tennis Courts
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 7119.00
  • Tax Annual Amount: 8495.00
  • Assessor Parcel Number: 60-06 -0241
  • Tax Lot: 0241
  • Tax Total Finished Sq Ft: 4251
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/06/2023

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 5, 2023
Sold by
Scopio Thomas J and Scopio Melissa
Bought by
Balasundaram Arun and Balasundaram Arun Subatharshini
Seller's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
Buyer's Agent
Deborah Baker
Patterson-Schwartz-Hockessin
List Price
$609,900
Sold Price
$615,000
Premium/Discount to List
$5,100
0.84%
Views
106
Current Estimated Value
$707,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,427
Avg. Annual Appreciation
6.42%
Original Mortgage
$492,000
Outstanding Balance
$479,776
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$227,651

Purchase Details

Closed on
Nov 19, 2008
Sold by
Weichert Relocation Resources Inc
Bought by
Scopio Thomas J and Scopio Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2008
Sold by
Tack Thomas D and Tack Sarah W
Bought by
Weichert Relocation Resources Inc

Purchase Details

Closed on
Aug 17, 1995
Sold by
Perry Mary Ellen
Bought by
Tack Thomas D and Tack Sarah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.32%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Balasundaram Arun $615,000 None Listed On Document
Scopio Thomas J $372,000 The Security Title Guarantee
Weichert Relocation Resources Inc $377,500 None Available
Tack Thomas D $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balasundaram Arun $492,000
Previous Owner Scopio Thomas J $297,600
Previous Owner Tack Thomas D $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $615,000 +0.8% $145 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $609,900 -- $143 / 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 $8,790 $219,480 $39,850 $179,630
2024 $8,790 $219,480 $39,850 $179,630
2023 $8,495 $219,480 $39,850 $179,630
2022 $8,371 $219,480 $39,850 $179,630
2021 $8,287 $219,480 $39,850 $179,630
2020 $8,129 $219,480 $39,850 $179,630
2019 $8,019 $219,480 $39,850 $179,630
2018 $7,894 $219,480 $39,850 $179,630
2017 $7,732 $219,480 $39,850 $179,630
2016 $844 $219,480 $39,850 $179,630
2015 $844 $219,480 $39,850 $179,630
2014 $844 $219,480 $39,850 $179,630
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT2045896

Bright MLS

APN: 60-006-0241.0000