NOT LISTED FOR SALE

251 Seven Springs Ln Unit 195 Downingtown, PA 19335

Estimated Value: $806,000 - $879,000

4 Beds
3 Baths
2,628 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $575,360 $219 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,456/month

94 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Family Room Off Kitchen
  • Beaver Creek Elementary School Rated A-
  • Breakfast Area or Nook
  • Laundry Room

About This Home

As of September 2021

Luxury NEW single family home in Dowlin Forge Station, within the Award Winning Downingtown School District. The standard features of this spacious Hadley model include 4 bedrooms and 3 full bathrooms. On the first floor, you will enjoy a front room flex space, open great room that flows into the kitchen and breakfast area. The kitchen offers stainless steel appliances, large island with quartz countertops, and walk in pantry. Upstairs you will find a bedroom suite with private bathroom with dual vanities. This home features today's most sought after details including 9' ceilings on the main floor and 2-car garage! You will not only enjoy your home, but your commute as well. Dowlin Forge Station is conveniently located near Routes 282, 30, 322 and PA Turnpike and just two miles from all the shops and dining Downingtown Borough has to offer. *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: 10/16/2020

Last Buyer's Agent

Praveen Ponna

Keller Williams Realty Wilmington License #AB069142

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,097

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,628 Sq Ft Home
  • Property has 2 Levels
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,097

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: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Luxury NEW single family home in Dowlin Forge Station, within the Award Winning Downingtown School District. The standard features of this spacious Hadley model include 4 bedrooms and 3 full bathrooms. On the first floor, you will enjoy a front room flex space, open great room that flows into the kitchen and breakfast area. The kitchen offers stainless steel appliances, large island with quartz countertops, and walk in pantry. Upstairs you will find a bedroom suite with private bathroom with dual vanities. This home features today's most sought after details including 9' ceilings on the main floor and 2-car garage! You will not only enjoy your home, but your commute as well. Dowlin Forge Station is conveniently located near Routes 282, 30, 322 and PA Turnpike and just two miles from all the shops and dining Downingtown Borough has to offer. *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

  • Appliances: Dishwasher, Disposal, Microwave, Stove
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Family Room Off Kitchen, Kitchen - Island, Pantry
  • Levels Count: 2
  • Room List: Laundry
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2628
  • Living Area Sq Ft: 2628
  • Price Per Sq Ft: 219.12
  • Above Grade Finished Sq Ft: 2628
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 251

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: Concrete, 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 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

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: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11027.00
  • Property Condition: Excellent
  • Zoning: RES

Building Info

  • Builder Name: D.R. Horton

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 09/28/2021

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Sep 28, 2021
Sold by
D R Horton Inc
Bought by
Karumuri Madhuri and Pabbati Pramod Krishna
Seller's Agent
Jessica Balla
D.R. Horton Realty of New Jersey
Buyer's Agent
Praveen Ponna
Keller Williams Realty Wilmington
List Price
$562,990
Sold Price
$575,360
Premium/Discount to List
$12,370
2.2%
Current Estimated Value
$823,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,345
Avg. Annual Appreciation
9.63%
Original Mortgage
$460,288
Outstanding Balance
$424,268
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,980

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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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
Karumuri Madhuri $575,860 Abstract America Stlmt Svcs
D R Horton Inc $1,074,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karumuri Madhuri $460,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $575,360 -0.1% $219 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $575,860 +0.9% $219 / Sq Ft
12/11/2020 12/11/20 Price Changed $570,860 +0.7% $217 / Sq Ft
12/07/2020 12/07/20 Price Changed $566,860 +0.7% $216 / Sq Ft
10/16/2020 10/16/20 For Sale $562,990 -- $214 / 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 $10,097 $271,880 $91,930 $179,950
2023 $9,357 $258,910 $91,930 $166,980
2022 $917 $26,370 $26,370 $0
2021 $914 $26,370 $26,370 $0
2020 $909 $26,370 $26,370 $0
2019 $908 $26,370 $26,370 $0
2018 $908 $26,370 $26,370 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT519078

Bright MLS

APN: 30-003-0280.0000