NOT LISTED FOR SALE

242 Center St Kennett Square, PA 19348

Estimated Value: $418,168 - $543,000

-- Bed
3 Baths
1,951 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 12, 2014

Last sale price $233,870 $120 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,013/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • Kennett High School Rated A-
  • Zoned Heating

About This Home

As of February 2014

Great location ~ Cute as a button ~ 3 story Victorian, currently a 2 unit single dwelling on a corner lot in the Borough of Kennett Square. Great investment opportunity or convert back into a single family dwelling. Live in one, rent another...Lots of Potential. Both units are currently rented. 1st floor unit leased through December 2013. Upper currently rented on a month to month basis. Each unit has a separate entrance, porch and utilities.... Currently landlord pays sewer, water and trash. Convenient off street parking...Short walk to all the Borough of Kennett has to offer!!!!! Property is being sold "as is".. Inspections are for informational purposes only.

Last Agent to Sell the Property

Mary Gentile

(610) 608-5201 marytb1112@comcast.net Beiler-Campbell Realtors-Kennett Square Listed on: 11/08/2013

Last Buyer's Agent

Brad Liermann

(267) 315-2001 brad@swaynerealestate.com Swayne Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,011

Year Built

  • Built in 1910

Lot Details

  • 4,031 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,951 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $4,011

Listing and Financial Details

  • Tax Lot 0061
  • Assessor Parcel Number 03-04 -0061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,011

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer In Lower Unit (Belongs To Tenant)
  • Inclusions: Refrigerator, Washer & Dryer In Basement
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Entry Location: Private
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance, Dirt Floor
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 1951
  • Living Area Sq Ft: 1951
  • Price Per Sq Ft: 127.11
  • Above Grade Finished Sq Ft: 1951
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiant, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 81100.00
  • Land Assessed Value: 27410.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4031.00
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 226327
  • Tax Annual Amount: 4011.00
  • Assessor Parcel Number: 03-04 -0061
  • Tax Lot: 0061
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Feb 7, 2014
Sold by
Shipkowski Christine and Shipkowski Rassekh Christine A
Bought by
Windemaker Dylan G and Windemaker Sage S
Seller's Agent
Mary Gentile
Beiler-Campbell Realtors-Kennett Square
Buyer's Agent
Brad Liermann
Swayne Real Estate Group, LLC
List Price
$248,000
Sold Price
$233,870
Premium/Discount to List
-$14,130
-5.7%
Current Estimated Value
$489,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,186
Avg. Annual Appreciation
6.42%
Original Mortgage
$229,633
Outstanding Balance
$172,941
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$316,115

Purchase Details

Closed on
Sep 22, 2004
Sold by
Morgan Scott T and Morgan Shane A
Bought by
Shipkowski Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 1998
Sold by
Greeley Robert H and Greeley Judith G
Bought by
Morgan Scott T and Murray Shane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,685
Interest Rate
6.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Windemaker Dylan G $233,870 None Available
Shipkowski Christine $280,000 --
Morgan Scott T $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windemaker Dylan G $229,633
Previous Owner Shipkowski Christine $210,000
Previous Owner Morgan Scott T $135,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2014 02/12/14 Sold $233,870 -5.7% $120 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $248,000 0.0% $127 / Sq Ft
12/30/2012 12/30/12 Rented $950 0.0% --
12/09/2012 12/09/12 Under Contract -- -- --
09/12/2012 09/12/12 For Rent $950 -- --
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 $5,288 $108,510 $27,410 $81,100
2024 $5,288 $108,510 $27,410 $81,100
2023 $5,126 $108,510 $27,410 $81,100
2022 $4,685 $108,510 $27,410 $81,100
2021 $4,643 $108,510 $27,410 $81,100
2020 $4,565 $108,510 $27,410 $81,100
2019 $4,510 $108,510 $27,410 $81,100
2018 $4,405 $108,510 $27,410 $81,100
2017 $4,336 $108,510 $27,410 $81,100
2016 $430 $108,510 $27,410 $81,100
2015 $430 $108,510 $27,410 $81,100
2014 $430 $108,510 $27,410 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003648484

Bright MLS

APN: 03-004-0061.0000