NOT LISTED FOR SALE

263 Cherry Ln Unit 6670 Kennett Square, PA 19348

Estimated Value: $516,225 - $542,000

3 Beds
2.5 Baths
2,090 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $275,000 $132 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,137/month

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Kennett High School Rated A-
  • Wood Flooring
  • Butlers Pantry

About This Home

As of March 2014

Welcome to 263 Cherry Lane located in Schoolhouse Lane Neighborhood! Townhouse that is in move in condition! You will be impressed with the open floor plan that allows you many options for your lifestyle. This well maintained home offers spacious Foyer upon your entrance which also gives you access to the Powder room and coat closet - notice the hardwood floors throughout on the first floor! Living room that opens into Dining room with slider to deck. Kitchen offers large island, 42" cabinets, recessed lights, gas cooking, stainless steel sink, micro wave, dishwasher and pantry. Family room off kitchen offers vaulted ceiling and gas fireplace. Second floor you will find all of the bedrooms with spacious closets. Hall ceramic tile bath with tub/shower along with hall linen closet. Main Bedroom offers tray ceiling, walk in closet, double closet, bath with double sinks, soaking tub, stall shower, linen closet and separate water closet. Basement is full and ready to be finished with an egress window already in place PLUS plumbing is roughed in for bathroom - poured concrete walls, 200 AMP and heater & hot water are also in this space. Home also offers security system, one Car attached garage with access into home, Six Panel doors throughout, Custom Hunter Douglass Window Treatments. Great location PLUS HOA covers a lot of exterior maintenance makes this a must to see.

Last Agent to Sell the Property

Michael McKee

(610) 247-9154 mmckee@mkgre.com Long & Foster Real Estate, Inc. License #RS-0022204 Listed on: 12/12/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dave Dunn

(610) 608-0515 david.dunn@foxroach.com BHHS Fox & Roach-West Chester License #RS283177

BHHS Fox & Roach-West Chester

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 2003

Lot Details

  • 1,312 Sq Ft Lot
  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,090 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Greenwood Elementary School
  • Kennett Middle School
  • Kennett High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0384
  • Assessor Parcel Number 61-06 -0384

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • $500 Other One-Time Fees
  • Schoolhouse Lane Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,809

Year Built

Built in 2003

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Refrigerator & Freezer In Garage
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2090
  • Living Area Sq Ft: 2090
  • Net Sq Ft: 2090.00
  • Price Per Sq Ft: 133.97
  • Above Grade Finished Sq Ft: 2090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 263

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, 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
  • Open Parking Spaces Count: 2
  • Parking Features: Private
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 220.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Other Fees: 500.00
  • Other Fees Frequency: One Time

Schools

  • School District: KENNETT CONSOLIDATED
  • Elementary School: GREENWOOD
  • Middle School: KENNETT
  • High School: KENNETT
  • School District Key: 300200397335
  • Elementary School: GREENWOOD
  • High School: KENNETT
  • Middle Or Junior School: KENNETT

Lot Info

  • Land Use Code: R10
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1312.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: MU

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5809.00
  • Assessor Parcel Number: 61-06 -0384
  • Tax Lot: 0384
  • Tax Year: 2014
  • Close Date: 03/21/2014

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
Feb 27, 2014
Sold by
Cartus Financial Corp
Bought by
Adams Andrew C and Falcone Kristen L
Seller's Agent
Michael McKee
Long & Foster Real Estate, Inc.
Buyer's Agent
Dave Dunn
BHHS Fox & Roach-West Chester
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$531,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,056
Avg. Annual Appreciation
5.85%
Original Mortgage
$261,250
Outstanding Balance
$197,339
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$333,717

Purchase Details

Closed on
Feb 15, 2005
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Mitchell Colin P and Mitchell June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,600
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Adams Andrew C $275,000 None Available
Cartus Financial Corp $275,000 None Available
Mitchell Colin P $300,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Andrew C $261,250
Previous Owner Mitchell Colin P $240,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $275,000 -1.8% $132 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/06/2014 02/06/14 Price Changed $280,000 -1.8% $134 / Sq Ft
12/12/2013 12/12/13 For Sale $285,000 -- $136 / 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 $1,207 $179,270 $60,110 $119,160
2024 $1,207 $179,270 $60,110 $119,160
2023 $1,207 $179,270 $60,110 $119,160
2022 $1,004 $179,270 $60,110 $119,160
2021 $1,207 $179,270 $60,110 $119,160
2020 $971 $179,270 $60,110 $119,160
2019 $1,175 $179,270 $60,110 $119,160
2018 $1,175 $179,270 $60,110 $119,160
2017 $1,175 $179,270 $60,110 $119,160
2016 $684 $172,390 $60,110 $112,280
2015 $684 $172,390 $60,110 $112,280
2014 $684 $172,390 $60,110 $112,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003561307

Bright MLS

APN: 61-006-0384.0000