NOT LISTED FOR SALE

229 Cherry Ln Unit 74 Kennett Square, PA 19348

Estimated Value: $496,846 - $557,000

3 Beds
2.5 Baths
3,200 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $343,000 $107 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,113/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Living Room
  • Kennett High School Rated A-
  • 1 Car Direct Access Garage
  • Laundry Room

About This Home

As of August 2020

Lovely townhome in sought after Schoolhouse Lane! Elegant expanded floor plan and gorgeous upgrades. Gleaming hardwood floors throughout the open plan first floor! The living room and dining room flow directly to the beautiful kitchen, pantry, island. Glass doors lead to the deck from dining room. Wonderful light filled family room with gas fireplace. Wood staircase leads to very spacious second floor. Large Master bedroom with walk in closets and wonderful master bathroom. Two additional bedrooms with bathroom. Second floor Laundry Room. The lower level is finished with walkout to patio area. Such a peaceful setting in wonderful established neighborhood. So conveniently located close to all area amenities and attractions. Steps from Longwood Gardens. Minutes from downtown Kennett Square.

Last Agent to Sell the Property

Catherine Menold

(610) 563-4717 catherinemenold@gmail.com Compass Pennsylvania LLC Listed on: 03/17/2020

Last Buyer's Agent

Tom O'Neill & Lynn Hinckley

(610) 322-0845 REBrokerTom@gmail.com Realty Mark Associates - KOP

Realty Mark Associates - KOP

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,364

Year Built

  • Built in 2003

Lot Details

  • 1,426 Sq Ft Lot

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, snow removal, trash, exterior building maintenance
  • Schoolhouse Lane HOA, Phone Number (484) 614-3421
  • Schoolhouse Lane Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 0375
  • Assessor Parcel Number 61-06 -0375

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,364

Year Built

Built in 2003

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Lovely townhome in sought after Schoolhouse Lane! Elegant expanded floor plan and gorgeous upgrades. Gleaming hardwood floors throughout the open plan first floor! The living room and dining room flow directly to the beautiful kitchen, pantry, island. Glass doors lead to the deck from dining room. Wonderful light filled family room with gas fireplace. Wood staircase leads to very spacious second floor. Large Master bedroom with walk in closets and wonderful master bathroom. Two additional bedrooms with bathroom. Second floor Laundry Room. The lower level is finished with walkout to patio area. Such a peaceful setting in wonderful established neighborhood. So conveniently located close to all area amenities and attractions. Steps from Longwood Gardens. Minutes from downtown Kennett Square.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Outside Entrance, Poured Concrete, Windows
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 159.05
  • Above Grade Finished Sq Ft: 2200
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229

Beds/Baths

  • Bedrooms: 3
  • 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, Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Built In, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Ext Bldg Maint
  • HOA Name: SCHOOLHOUSE LANE HOA
  • HOA Phone: 484-614-3421
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112280.00
  • Land Assessed Value: 60160.00
  • Land Use Code: R10
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1426.00
  • Year Assessed: 2020
  • Zoning: MU

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4540832
  • School Tax: 5429.00
  • Tax Annual Amount: 6364.00
  • Assessor Parcel Number: 61-06 -0375
  • Tax Lot: 0375
  • Tax Total Finished Sq Ft: 2090
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/24/2020

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Aug 20, 2020
Sold by
Eshleman William R
Bought by
Steffy Susan A
Seller's Agent
Catherine Menold
Compass Pennsylvania LLC
Buyer's Agent
Tom O'Neill & Lynn Hinckley
Realty Mark Associates - KOP
List Price
$364,900
Sold Price
$343,000
Premium/Discount to List
-$21,900
-6%
Current Estimated Value
$517,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,962
Avg. Annual Appreciation
8.38%
Original Mortgage
$234,000
Outstanding Balance
$207,187
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$310,775

Purchase Details

Closed on
Mar 12, 2004
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Baker Hildegard M and Eshleman William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,108
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Steffy Susan A $343,000 American Land Setmnt Svcs Ll
Baker Hildegard M $256,385 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffy Susan A $234,000
Previous Owner Baker Hildegard M $205,108
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $343,000 -2.0% $107 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/21/2020 06/21/20 Price Changed $349,900 -2.8% $109 / Sq Ft
06/10/2020 06/10/20 Price Changed $359,900 -1.4% $112 / Sq Ft
03/17/2020 03/17/20 For Sale $364,900 -- $114 / 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 $1,161 $172,440 $60,160 $112,280
2024 $1,161 $172,440 $60,160 $112,280
2023 $1,161 $172,440 $60,160 $112,280
2022 $966 $172,440 $60,160 $112,280
2021 $1,161 $172,440 $60,160 $112,280
2020 $934 $172,440 $60,160 $112,280
2019 $11,604 $172,440 $60,160 $112,280
2018 $1,130 $172,440 $60,160 $112,280
2017 $1,130 $172,440 $60,160 $112,280
2016 $684 $172,440 $60,160 $112,280
2015 $684 $172,440 $60,160 $112,280
2014 $684 $172,440 $60,160 $112,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT503080

Bright MLS

APN: 61-006-0375.0000