NOT LISTED FOR SALE

225 Seven Springs Ln Unit 146 Downingtown, PA 19335

Estimated Value: $822,000 - $874,000

5 Beds
4 Baths
3,112 Sq Ft
$273/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $562,990 $181 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,557/month

89 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Laundry Room
  • Beaver Creek Elementary School Rated A-
  • Bonus Room
  • Central Heating and Cooling System

About This Home

As of December 2020

Brand New Home! This 5 bedroom, 4 bath Summit model boasts a spacious open floor plan featuring formal dining room, butler's pantry, and a beautiful kitchen with a large island and breakfast area, open to the great room. The main level bedroom and full bath gives today's home buyers that added versatility and space. The upper master suite is luxury at its finest. With all of this there are no hidden costs. It's all included! But it isn't just a wonderful home, it's a perfect location, planted within a beautiful, picturesque country setting, while just 3 miles from Downingtown Borough and minutes from Kerr Park, Marsh Creek, Urgent Care, Wegmans and much more. A great school district and easy access to Routes 30, 202, and the PA Turnpike round out Dowlin Forge Station as the perfect place to call home. Please note that photos are of another Summit model and may include additional upgrades or finishes.*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: 07/15/2020

Last Buyer's Agent

Enjamuri Swamy

Realty Mark Associates-Newark

Realty Mark Associates-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,963

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

  • 3,112 Sq Ft Home
  • Property has 2 Levels
  • Bonus Room
  • Unfinished Basement
  • Walk-Out Basement
  • Laundry Room

Bedrooms and Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • Dowlin Forge Station Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,963

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: Brand New Home! This 5 bedroom, 4 bath Summit model boasts a spacious open floor plan featuring formal dining room, butler's pantry, and a beautiful kitchen with a large island and breakfast area, open to the great room. The main level bedroom and full bath gives today's home buyers that added versatility and space. The upper master suite is luxury at its finest. With all of this there are no hidden costs. It's all included! But it isn't just a wonderful home, it's a perfect location, planted within a beautiful, picturesque country setting, while just 3 miles from Downingtown Borough and minutes from Kerr Park, Marsh Creek, Urgent Care, Wegmans and much more. A great school district and easy access to Routes 30, 202, and the PA Turnpike round out Dowlin Forge Station as the perfect place to call home. Please note that photos are of another Summit model and may include additional upgrades or finishes.*Advertised pricing and any current incentives are with the use of builder's preferred lender.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Laundry, Bonus Room
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level
  • Total Sq Ft: 3112
  • Living Area Sq Ft: 3112
  • Price Per Sq Ft: 183.80
  • Above Grade Finished Sq Ft: 3112
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • 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: Propane - Leased
  • 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: 12/30/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 24, 2020
Sold by
D R Horton Inc
Bought by
Shrestha Bikash Ram and Shrestha Aakriti Singh
Seller's Agent
Jessica Balla
D.R. Horton Realty of New Jersey
Buyer's Agent
Enjamuri Swamy
Realty Mark Associates-Newark
List Price
$546,990
Sold Price
$562,990
Premium/Discount to List
$16,000
2.93%
Total Days on Market
89
Current Estimated Value
$848,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,294
Avg. Annual Appreciation
7.75%
Original Mortgage
$506,691
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Mdg Downingtown Lp
Bought by
D R Horton Inc New Jersey
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
Shrestha Bikash Ram $562,990 Abstract America Setmnt Svcs
D R Horton Inc New Jersey $716,000 Abstract America Setmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shrestha Bikash Ram $506,691
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $562,990 -1.6% $181 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $571,990 -1.6% $184 / Sq Ft
09/20/2020 09/20/20 Price Changed $581,000 -0.2% $187 / Sq Ft
09/15/2020 09/15/20 Price Changed $581,990 +0.9% $187 / Sq Ft
09/14/2020 09/14/20 Price Changed $576,990 -0.9% $185 / Sq Ft
09/04/2020 09/04/20 Price Changed $581,990 +0.9% $187 / Sq Ft
08/31/2020 08/31/20 Price Changed $576,990 +0.9% $185 / Sq Ft
08/24/2020 08/24/20 Price Changed $571,990 +0.9% $184 / Sq Ft
08/21/2020 08/21/20 Price Changed $566,990 +0.9% $182 / Sq Ft
08/08/2020 08/08/20 Price Changed $561,990 +1.8% $181 / Sq Ft
08/04/2020 08/04/20 Price Changed $551,990 +0.9% $177 / Sq Ft
07/15/2020 07/15/20 For Sale $546,990 -- $176 / 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 $9,963 $268,260 $90,890 $177,370
2023 $9,695 $268,260 $90,890 $177,370
2022 $9,329 $268,260 $90,890 $177,370
2021 $903 $26,060 $26,060 $0
2020 $898 $26,060 $26,060 $0
2019 $897 $26,060 $26,060 $0
2018 $897 $26,060 $26,060 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT511262

Bright MLS

APN: 30-003-0231.0000