NOT LISTED FOR SALE

245 Seven Springs Ln Unit 209 Downingtown, PA 19335

Estimated Value: $792,000 - $877,000

4 Beds
3 Baths
3,230 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $599,490 $186 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,329/month

26 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Butlers Pantry
  • Beaver Creek Elementary School Rated A-
  • Bonus Room
  • Walk-In Closet

About This Home

As of June 2021

Brand NEW Home in the DASD ready for Spring Move In! The popular Hampshire plan by D.R. Horton offers over 3,200 square feet of living space. The main floor provides open concept living along with a full bedroom and bathroom for convenience. Highlights of the second floor are a spacious loft, laundry room, 3 bedrooms, and 2 full baths. Inside the Owner's Suite you will find a sitting room, on-suite bathroom, and large walk-in closet. Dowlin Forge Station is in a beautiful, picturesque country setting, while just 3 miles from Downingtown Borough and minutes from Kerr Park, Marsh Creek, Wegmans and much more. Easy access to Routes 30, 202, and the PA Turnpike round out Dowlin Forge Station as the perfect place to call home. *Photos are representative only. *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: 01/06/2021

Last Buyer's Agent

Enjamuri Swamy

Realty Mark Associates-Newark

Realty Mark Associates-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,636

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 8,233 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Transitional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,230 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • Dining Area
  • Bonus Room
  • Laundry on upper level
  • Unfinished Basement

Kitchen

  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

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
  • Public Septic

Community Details

  • $1,500 Capital Contribution Fee
  • Built by D.R. Horton
  • Dowlin Forge Station Subdivision, Hampshire Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,636

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Brand NEW Home in the DASD ready for Spring Move In! The popular Hampshire plan by D.R. Horton offers over 3,200 square feet of living space. The main floor provides open concept living along with a full bedroom and bathroom for convenience. Highlights of the second floor are a spacious loft, laundry room, 3 bedrooms, and 2 full baths. Inside the Owner's Suite you will find a sitting room, on-suite bathroom, and large walk-in closet. Dowlin Forge Station is in a beautiful, picturesque country setting, while just 3 miles from Downingtown Borough and minutes from Kerr Park, Marsh Creek, Wegmans and much more. Easy access to Routes 30, 202, and the PA Turnpike round out Dowlin Forge Station as the perfect place to call home. *Photos are representative only. *Advertised pricing and any current incentives are with the use of builder's preferred lender.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Butlers Pantry, Dining Area, Kitchen - Island, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 2
  • Room List: Bonus Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3230
  • Living Area Sq Ft: 3230
  • Price Per Sq Ft: 186.22
  • Above Grade Finished Sq Ft: 3230
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 245

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Vinyl Siding
  • 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 Septic
  • 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
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1500.00

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 Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8233.00
  • Property Condition: Excellent
  • Zoning: RES

Building Info

  • Builder Name: D.R. Horton

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jun 29, 2021
Sold by
D R Horton Inc
Bought by
Kathi Sai Kumar Reddy and Kasireddy Swapna
Seller's Agent
Jessica Balla
D.R. Horton Realty of New Jersey
Buyer's Agent
Enjamuri Swamy
Realty Mark Associates-Newark
List Price
$601,490
Sold Price
$599,490
Premium/Discount to List
-$2,000
-0.33%
Current Estimated Value
$807,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,820
Avg. Annual Appreciation
7.15%
Original Mortgage
$539,541
Outstanding Balance
$494,825
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$301,947

Purchase Details

Closed on
Oct 15, 2020
Sold by
Mdg Downingtown Lp
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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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
Kathi Sai Kumar Reddy $599,490 Abstract America Setmnt Svcs
D R Horton Inc $1,074,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathi Sai Kumar Reddy $539,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $599,490 -0.3% $186 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $601,490 -- $186 / 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 $9,636 $259,470 $90,990 $168,480
2023 $9,279 $256,750 $90,990 $165,760
2022 $10,729 $308,510 $90,990 $217,520
2021 $904 $26,090 $26,090 $0
2020 $899 $26,090 $26,090 $0
2019 $898 $26,090 $26,090 $0
2018 $898 $26,090 $26,090 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jessica Balla

    D.R. Horton Realty of New Jersey

    Section Image
  • Enjamuri Swamy

    Buyer's Agent in 2021

    Enjamuri Swamy

    Realty Mark Associates-Newark

    (484) 857-9269

    34 in this area

    386 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PACT527132

Bright MLS

APN: 30-003-0294.0000

Pennsylvania Chester County Downingtown 19335

245 Seven Springs Ln Unit 209, Downingtown, PA

This home is located at 245 Seven Springs Ln Unit 209, Downingtown, PA 19335 since 06 January 2021 and is currently estimated at $837,987, approximately $259 per square foot. This property was built in 2021. 245 Seven Springs Ln Unit 209 is a home located in Chester County with nearby schools including Beaver Creek Elementary School, Downingtown Middle School, and Downingtown High School West.

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