Seller's Agent in 2021
Elizabeth Moro
Compass
(302) 521-8789
7 in this area
17 Total Sales
264 Cherry Ln Unit 27 Kennett Square, PA 19348
Estimated Value: $517,000 - $602,000
3
Beds
4
Baths
2,585
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Deck
- Traditional Architecture
- Kennett High School Rated A-
- Vaulted Ceiling
- Backs to Trees or Woods
About This Home
As of May 2021Welcome to 264 Cherry Lane in spectacular and highly desired Schoolhouse Lane! This beautiful Dorset model home is an end unit that backs up to wooded open space. A stunning open first floor plan with 9 ft ceilings includes an expanded gourmet kitchen, dining room, family room with vaulted ceiling, loads of natural light, a gas fireplace for cozy relaxation, and a newly stained deck for outdoor enjoyment and entertainment. There is also a semi-private living room that is currently used as an office space. The kitchen has an oversized updated quartz island, a beautiful new marble tile backsplash that complements the pristine white cabinets, and updated Samsung stainless appliances. Hardwood floors throughout the first floor except for the family room, which is carpeted. Updated designer brushed nickel lighting throughout and blinds on the windows for privacy. There is a powder room off the main foyer with a pedestal sink. The second floor has a spacious main suite with two walk-in closets with shelving, a luxurious bath with soaking tub, shower, and private water closet. Two additional spacious bedrooms, a closet laundry space, and a full hall bath complete the second floor. The third-floor loft with walk-in closet could be used as an additional bedroom, home office or entertainment loft. The walk-out lower level has been finished with space for an office, entertainment room, and powder room. Additional closets throughout the home provide great space for storage. There is a two car garage with private drive. Updated mechanical systems. The house has a neutral but elegant decor. This gorgeous home is turnkey, with the HOA covering most Outside Maintenance: Roof, Siding, Trim, Gutters, Landscaping: mowing, fertilizing, mulching, pruning, and snow removal. It also includes trash & recycling(see Community Guidelines in documents). This amazing home is conveniently located near area shopping, award-winning restaurants, and Brandywine attractions such as Longwood Gardens. This home is ready for you to make it yours.
Last Agent to Sell the Property
(302) 521-8789 elizabethrmoro@gmail.com Compass License #RS-0020516 Listed on: 04/01/2021
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,235
Year Built
- Built in 2004
Lot Details
- 1,493 Sq Ft Lot
- Backs to Trees or Woods
- Property is in excellent condition
HOA Fees
- $280 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Tray Ceiling
- Vaulted Ceiling
- Marble Fireplace
- Gas Fireplace
- Family Room Off Kitchen
- Dining Room
- Den
- Bonus Room
- Views of Woods
- Home Security System
- Kitchen Island
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Windows
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- $500 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, trash, snow removal
- Schoolhouse Lane HOA, Phone Number (484) 614-3421
- Schoolhouse Lane Subdivision, Dorset Floorplan
Listing and Financial Details
- Tax Lot 0394
- Assessor Parcel Number 61-06 -0394
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2021
Closed on
May 19, 2021
Sold by
Taitson Andrea
Bought by
Warren Mitchell Harris and Kupferschmid Rachel Lynn
Seller's Agent
Elizabeth Moro
Compass
Buyer's Agent
Thomas Murphy
VRA Realty
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,666
Avg. Annual Appreciation
5.41%
Original Mortgage
$407,550
Outstanding Balance
$368,181
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$180,485
Purchase Details
Closed on
Nov 18, 2004
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Klee Stephan and Klee Jacqueline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,690
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Warren Mitchell Harris | $435,000 | Pa Land Settlement Svcs Llc | |
| Klee Stephan | $344,923 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Warren Mitchell Harris | $407,550 | |
| Previous Owner | Klee Stephan | $258,690 | |
| Closed | Klee Stephan | $34,490 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2021 05/19/21 | Sold | $435,000 | +2.4% | $168 / Sq Ft | |
| 04/03/2021 04/03/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $425,000 | +46.6% | $164 / Sq Ft | |
| 05/01/2012 05/01/12 | Sold | $290,000 | -3.0% | $128 / Sq Ft | View Prior Sale |
| 03/27/2012 03/27/12 | Pending | -- | -- | -- | |
| 11/21/2011 11/21/11 | Price Changed | $299,000 | -3.5% | $132 / Sq Ft | |
| 09/12/2011 09/12/11 | For Sale | $310,000 | -- | $137 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,275 | $189,300 | $60,190 | $129,110 |
| 2024 | $1,275 | $189,300 | $60,190 | $129,110 |
| 2023 | $1,275 | $189,300 | $60,190 | $129,110 |
| 2022 | $1,060 | $189,300 | $60,190 | $129,110 |
| 2021 | $1,275 | $189,300 | $60,190 | $129,110 |
| 2020 | $1,026 | $189,300 | $60,190 | $129,110 |
| 2019 | $1,240 | $189,300 | $60,190 | $129,110 |
| 2018 | $1,240 | $189,300 | $60,190 | $129,110 |
| 2017 | $1,240 | $189,300 | $60,190 | $129,110 |
| 2016 | $751 | $189,300 | $60,190 | $129,110 |
| 2015 | $751 | $189,300 | $60,190 | $129,110 |
| 2014 | $751 | $189,300 | $60,190 | $129,110 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Moro
-
Thomas Murphy
Buyer's Agent in 2021
Thomas Murphy
VRA Realty
(610) 416-9088
6 in this area
79 Total Sales
-
Melodie Stahley
Seller's Agent in 2012
Melodie Stahley
RE/MAX
(610) 324-0865
11 in this area
71 Total Sales
Map
Source: Bright MLS
MLS Number: PACT532002
APN: 61-006-0394.0000
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