NOT LISTED FOR SALE

223 Seven Springs Ln Unit 145 Downingtown, PA 19335

Estimated Value: $782,000 - $864,000

4 Beds
3 Baths
2,925 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 31, 2020

Last sale price $550,990 $188 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,143/month

78 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Family Room Off Kitchen
  • Beaver Creek Elementary School Rated A-
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of October 2020

Luxury NEW single family home in Dowlin Forge Station, within the Award Winning Downingtown School District, with first floor bedroom and full bath! The standard features of this spacious Faringdon model include 4 bedrooms and 3 full bathrooms. On the first floor, you will enjoy a formal dining room, guest bedroom, open great room that flows into the kitchen and breakfast area. The kitchen offers stainless steel appliances, large island, and pantry. Upstairs you will find a large bonus room, a bedroom suite with private bath, and two additional bedrooms. The luxury owner's bath features a separate soaking tub and stall shower, dual vanities, and private water closet. This home features today's most sought after details including 9' ceilings on the main floor and 2-car garage! You will not only enjoy your home, but your commute as well. Dowlin Forge Station is conveniently located near Routes 282, 30, 322 and PA Turnpike and just two miles from all the shops and dining Downingtown Borough has to offer. Please note that interior photos are of a similar Faringdon model but may include features or finishes not available with this home. *Advertised pricing and any current incentives are with the use of builder's preferred lender.

Last Agent to Sell the Property

Jessica Balla

D.R. Horton Realty of New Jersey Listed on: 07/13/2020

Last Buyer's Agent

Enjamuri Swamy

Realty Mark Associates-Newark

Realty Mark Associates-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,209

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

  • Beaver Creek Elementary School
  • Downingtown Middle School
  • Downingtown High School West Campus

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Dowlin Forge Station Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,209

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Luxury NEW single family home in Dowlin Forge Station, within the Award Winning Downingtown School District, with first floor bedroom and full bath! The standard features of this spacious Faringdon model include 4 bedrooms and 3 full bathrooms. On the first floor, you will enjoy a formal dining room, guest bedroom, open great room that flows into the kitchen and breakfast area. The kitchen offers stainless steel appliances, large island, and pantry. Upstairs you will find a large bonus room, a bedroom suite with private bath, and two additional bedrooms. The luxury owner's bath features a separate soaking tub and stall shower, dual vanities, and private water closet. This home features today's most sought after details including 9' ceilings on the main floor and 2-car garage! You will not only enjoy your home, but your commute as well. Dowlin Forge Station is conveniently located near Routes 282, 30, 322 and PA Turnpike and just two miles from all the shops and dining Downingtown Borough has to offer. Please note that interior photos are of a similar Faringdon model but may include features or finishes not available with this home. *Advertised pricing and any current incentives are with the use of builder's preferred lender.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stove
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Family Room Off Kitchen, Kitchen - Island, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Levels Count: 2
  • Room List: Laundry
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2925
  • Living Area Sq Ft: 2925
  • Price Per Sq Ft: 195.21
  • Above Grade Finished Sq Ft: 2925
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 223

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: BEAVER CREEK
  • Middle School: DOWNINGTOWN
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: BEAVER CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTOWN

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 0.16
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 10/31/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 19, 2020
Sold by
D R Horton Inc
Bought by
Marineni Raviteja Reddy and Pavuluri Anusha
Seller's Agent
Jessica Balla
D.R. Horton Realty of New Jersey
Buyer's Agent
Enjamuri Swamy
Realty Mark Associates-Newark
List Price
$530,990
Sold Price
$550,990
Premium/Discount to List
$20,000
3.77%
Current Estimated Value
$783,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,871
Avg. Annual Appreciation
7.39%
Original Mortgage
$510,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Marineni Raviteja Reddy $550,990 Pa Land Settlement Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marineni Raviteja Reddy $50,000
Open Marineni Raviteja Reddy $510,000
Closed Marineni Raviteja Reddy $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2020 10/31/20 Sold $550,990 -3.5% $188 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $570,990 +0.9% $195 / Sq Ft
09/04/2020 09/04/20 Price Changed $565,990 +0.9% $194 / Sq Ft
08/31/2020 08/31/20 Price Changed $560,990 +0.9% $192 / Sq Ft
08/29/2020 08/29/20 Price Changed $555,990 +0.9% $190 / Sq Ft
08/21/2020 08/21/20 Price Changed $550,990 +0.9% $188 / Sq Ft
08/08/2020 08/08/20 Price Changed $545,990 +1.9% $187 / Sq Ft
07/27/2020 07/27/20 Price Changed $535,990 +0.9% $183 / Sq Ft
07/13/2020 07/13/20 For Sale $530,990 -- $182 / 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 $9,209 $247,950 $90,850 $157,100
2023 $8,961 $247,950 $90,850 $157,100
2022 $8,623 $247,950 $90,850 $157,100
2021 $903 $26,050 $26,050 $0
2020 $898 $26,050 $26,050 $0
2019 $897 $26,050 $26,050 $0
2018 $897 $26,050 $26,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT511064

Bright MLS

APN: 30-003-0230.0000