NOT LISTED FOR SALE

224 Lenoir Ave Wayne, PA 19087

Estimated Value: $714,000 - $885,000

4 Beds
1.5 Baths
1,792 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $575,000 $321 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,860/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Heating System Uses Steam
  • Wayne Elementary School Rated A+
  • No HOA

About This Home

As of March 2021

This classic South Wayne 1920's colonial is poised to acquire some well deserved love and a new lease on life. An exacting, inspired and skilled contractor or visionary owner/occupant will easily see that there is equity to be created here. In return for some thoughtful attention, Lenoir offers nearly one-quarter acre of land, with the possibility of room for an addition (as is underway next door). Located in a coveted "Walk to Wayne" neighborhood, the older-home enthusiast will value and appreciate hardwood floors throughout, four spacious bright bedrooms with ceiling fans, one and one-half Baths, formal, spacious, and entertaining sized Living and Dining Rooms, wood burning Fireplace, main level Laundry, and a Kitchen suitably described as "vintage" but offering much potential for expansion. The walk-up attic and full basement share the possibility of additional living space. There is much to be discovered here - original brass hardware on some doors, bay window, appealing covered front porch, driveway with plenty of parking, glass block windows in the basement and a charm and character that cannot be replicated, or found in a newer home.

Last Agent to Sell the Property

Michael Santoleri

RE/MAX Preferred - Newtown Square License #AB049703L Listed on: 01/24/2021

RE/MAX Preferred - Newtown Square

Co-Listed By

Kathleen Wilkin

RE/MAX Preferred - Newtown Square License #RS226676L

Last Buyer's Agent

Mark Rhodes

Gryphon Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,210

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50.00 x 220.00

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • Property has 2.5 Levels
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Radnor Middle School
  • Radnor High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 332-000
  • Assessor Parcel Number 36-06-03718-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,210

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: This classic South Wayne 1920's colonial is poised to acquire some well deserved love and a new lease on life. An exacting, inspired and skilled contractor or visionary owner/occupant will easily see that there is equity to be created here. In return for some thoughtful attention, Lenoir offers nearly one-quarter acre of land, with the possibility of room for an addition (as is underway next door). Located in a coveted "Walk to Wayne" neighborhood, the older-home enthusiast will value and appreciate hardwood floors throughout, four spacious bright bedrooms with ceiling fans, one and one-half Baths, formal, spacious, and entertaining sized Living and Dining Rooms, wood burning Fireplace, main level Laundry, and a Kitchen suitably described as "vintage" but offering much potential for expansion. The walk-up attic and full basement share the possibility of additional living space. There is much to be discovered here - original brass hardware on some doors, bay window, appealing covered front porch, driveway with plenty of parking, glass block windows in the basement and a charm and character that cannot be replicated, or found in a newer home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 320.87
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RADNOR TOWNSHIP
  • Middle School: RADNOR
  • High School: RADNOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397358
  • School District Source: Listing Agent
  • High School: RADNOR
  • Middle Or Junior School: RADNOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112900.00
  • Land Assessed Value: 65620.00
  • Land Use Code: R-10
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50.00 x 220.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 537259
  • School Tax: 4448.00
  • Tax Annual Amount: 6210.00
  • Assessor Parcel Number: 36-06-03718-00
  • Tax Lot: 332-000
  • Tax Total Finished Sq Ft: 1792
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/18/2021

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2021
Closed on
Mar 15, 2021
Sold by
Michelsen Mary Mashett and Estate Of Gerry H Wallace
Bought by
Shaw Thomas Joseph and Shaw Keely Comstock
Seller's Agent
Michael Santoleri
RE/MAX Preferred - Newtown Square
Buyer's Agent
Mark Rhodes
Gryphon Real Estate
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$785,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,690
Avg. Annual Appreciation
7.20%
Original Mortgage
$460,000
Outstanding Balance
$415,657
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$370,033

Purchase Details

Closed on
Jun 14, 2004
Sold by
Hamilton Dorrance H
Bought by
Wallace Gerry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Shaw Thomas Joseph $575,000 Land Services Usa Inc
Wallace Gerry H $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Thomas Joseph $460,000
Previous Owner Wallace Gerry H $80,000
Previous Owner Wallace Gerry H $38,000
Previous Owner Wallace Gerry H $346,000
Previous Owner Wallace Gerry H $39,000
Previous Owner Wallace Gerry H $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $575,000 0.0% $321 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $575,000 -- $321 / 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 $8,089 $400,080 $133,620 $266,460
2024 $8,089 $400,080 $133,620 $266,460
2023 $7,768 $400,080 $133,620 $266,460
2022 $7,684 $400,080 $133,620 $266,460
2021 $12,342 $400,080 $133,620 $266,460
2020 $6,210 $178,520 $65,620 $112,900
2019 $6,035 $178,520 $65,620 $112,900
2018 $5,917 $178,520 $0 $0
2017 $5,793 $178,520 $0 $0
2016 $980 $178,520 $0 $0
2015 $980 $178,520 $0 $0
2014 $980 $178,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE538324

Bright MLS

APN: 36-06-03718-00