NOT LISTED FOR SALE

242 Cherry Ln Unit 18 Kennett Square, PA 19348

Estimated Value: $496,324 - $597,000

3 Beds
2.5 Baths
2,548 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $282,000 $111 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,199/month

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • Kennett High School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2021

Cute 3 bedroom townhouse in Schoolhouse with stainless kitchen appliances, granite counter, tile back splash, finished loft with large walk-in closet, two-car garage, backs to woods. Owner is a PA licensed realtor and listing agent.

Last Agent to Rent the Property

TINA COLLINS

(610) 444-9090 tina.collins@foxroach.com BHHS Fox & Roach-Kennett Sq License #RS297814 Listed on: 05/06/2021

BHHS Fox & Roach-Kennett Sq

Last Renter's Agent

Rob SIMON

(609) 214-1653 rob@fetickteam.com BHHS Fox & Roach-Kennett Sq

BHHS Fox & Roach-Kennett Sq

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 2004

Lot Details

  • 1,080 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • Property has 3.5 Levels
  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV, electricity, gas, heat, hot water, insurance, pest control, water
  • The owner pays for common area maintenance, heater maintenance contract, sewer, snow removal, real estate taxes, trash collection
  • Rent includes common area maintenance, hoa/condo fee, lawn service, snow removal, trash removal
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/6/21
  • Assessor Parcel Number 61-06 -0402

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • Schoolhouse Lane Subdivision

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,022

Year Built

Built in 2004

Lot Details

0

HOA Fees

$280 per month

Parking

2

Rental Info

  • Date Available: 2021-05-06
  • Months Rent Up Front: 1.0
  • Owner Pays: Common Area Maintenance, Heater Maintenance Contract, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
  • Pets: Number Limit, Breed Restrictions
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Hoa/Condo Fee, Lawn Service, Snow Removal, Trash Removal
  • Security Deposit: 2400.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Hot Water, Insurance, Pest Control, Water
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3.5
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2548
  • Living Area Sq Ft: 2548
  • Price Per Sq Ft: 0.94
  • Above Grade Finished Sq Ft: 2548
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 242

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, Aluminum Siding
  • Exterior Features: Sidewalks
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 280.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: R10
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R004

Tax Info

  • Assessor Parcel Number: 61-06 -0402
  • Tax Total Finished Sq Ft: 2548
  • Close Date: 05/12/2021

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2014
Closed on
Feb 27, 2015
Sold by
Central Penn Capital Management Llc
Bought by
Tlc Prorperties West Chester Llc
Seller's Agent
Laurel Eadline
The Noble Group, LLC
Buyer's Agent
TINA COLLINS
BHHS Fox & Roach-Kennett Sq
List Price
$289,900
Sold Price
$282,000
Premium/Discount to List
-$7,900
-2.73%
Current Estimated Value
$534,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,581
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Schiller Derek and Dunn Lauren
Bought by
Schiller Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,462
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2011
Sold by
Klein Aaron and Klein Lauren
Bought by
Schiller Derek and Dunn Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,547
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Klein Aaron and Klein Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,781
Interest Rate
5.95%
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
Tlc Prorperties West Chester Llc $282,000 None Available
Schiller Derek -- None Available
Schiller Derek $294,000 None Available
Klein Aaron $295,997 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiller Derek $283,462
Previous Owner Schiller Derek $286,547
Previous Owner Klein Aaron $236,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2021 05/12/21 Rented $2,400 0.0% --
05/06/2021 05/06/21 For Rent $2,400 0.0% --
07/01/2020 07/01/20 Rented $2,400 0.0% --
06/10/2020 06/10/20 Under Contract -- -- --
06/09/2020 06/09/20 For Rent $2,400 0.0% --
05/01/2019 05/01/19 Rented $2,400 0.0% --
04/24/2019 04/24/19 For Rent $2,400 +4.3% --
05/01/2017 05/01/17 Rented $2,300 0.0% --
04/06/2017 04/06/17 Under Contract -- -- --
03/30/2017 03/30/17 For Rent $2,300 0.0% --
05/01/2015 05/01/15 Rented $2,300 0.0% --
04/20/2015 04/20/15 Under Contract -- -- --
04/06/2015 04/06/15 For Rent $2,300 0.0% --
03/19/2015 03/19/15 Sold $282,000 -2.7% $111 / Sq Ft View Prior Sale
02/17/2015 02/17/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $289,900 +2.8% $114 / Sq Ft
01/17/2015 01/17/15 Off Market $282,000 -- --
12/17/2014 12/17/14 Price Changed $289,900 -2.4% $114 / Sq Ft
11/25/2014 11/25/14 For Sale $296,900 -- $117 / 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 $1,022 $151,720 $60,000 $91,720
2024 $1,022 $151,720 $60,000 $91,720
2023 $1,022 $151,720 $60,000 $91,720
2022 $850 $151,720 $60,000 $91,720
2021 $1,022 $151,720 $60,000 $91,720
2020 $822 $151,720 $60,000 $91,720
2019 $994 $151,720 $60,000 $91,720
2018 $994 $151,720 $60,000 $91,720
2017 $994 $151,720 $60,000 $91,720
2016 $787 $198,580 $60,000 $138,580
2015 $787 $198,580 $60,000 $138,580
2014 $787 $198,580 $60,000 $138,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT535740

Bright MLS

APN: 61-006-0402.0000