$485,000
SOLD NOV 18, 2024

266 Cherry Ln Kennett Square, PA 19348

3 Beds
2.5 Baths
2,417 Sq Ft
$335/mo HOA Fee

Recently Sold

$201 Per Sq Ft

2% Above List Price

10 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Cathedral Ceiling
  • Kennett High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of November 2024

Welcome Home to 266 Cherry Lane in the wonderfully exclusive community of Schoolhouse Lane. Exclusive because of the care by which the community is maintained as well as the lush landscaping and location. There are simply no comparisons to this community if you’re looking to live in the Kennett Square area. This home offers over 2,400 square feet of well-maintained living space with 3 generously sized Bedrooms, 2/1 Bathrooms and a versatile LOFT space that can be used as a Guest Bedroom, Office, Gallery or Craft Room. The main level features an open floor plan that can be customized according to how you prefer to live and entertain. The cozy area off the Kitchen has a gas fireplace and there is access to a private Deck through the slider in the Dining Room. The Laundry is located on the 2nd floor for ultimate convenience. The Owners have added thoughtful features throughout from plantation shutters, dual zone smart thermostats and have recently replaced the HVAC and water heater. The unfinished Basement that is plumbed for a Bathroom has a WALK-OUT slider and a large window that allows for ample natural light. The location of this home within the community is as private as you could want with a natural backdrop of mature trees and convenient access to the walking path. Inspections have been completed prior to listing and available for all interested Buyers prior to showing. When compared to other interior townhome options in the area, 266 Cherry Lane offers some inherent features that can’t be changed - schedule your private showing today before someone else can call this their new home!

Last Agent to Sell the Property

Matt Fetick

EXP Realty, LLC License #RS-0019528 Listed on: 09/20/2024

Co-Listed By

David Maio Williams

EXP Realty, LLC License #5012951

Last Buyer's Agent

John SARACENO

KW Greater West Chester

KW Greater West Chester

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,586

Year Built

  • Built in 2004

Lot Details

  • 1,376 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Copper Plumbing
  • CPVC or PVC Pipes

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Marble Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0395
  • Assessor Parcel Number 61-06 -0395

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, management
  • School House Ln Community Assoc. HOA
  • Schoolhouse Lane Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,586

Year Built

Built in 2004

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator in kitchen, washer, dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-20
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome Home to 266 Cherry Lane in the wonderfully exclusive community of Schoolhouse Lane. Exclusive because of the care by which the community is maintained as well as the lush landscaping and location. There are simply no comparisons to this community if you’re looking to live in the Kennett Square area. This home offers over 2,400 square feet of well-maintained living space with 3 generously sized Bedrooms, 2/1 Bathrooms and a versatile LOFT space that can be used as a Guest Bedroom, Office, Gallery or Craft Room. The main level features an open floor plan that can be customized according to how you prefer to live and entertain. The cozy area off the Kitchen has a gas fireplace and there is access to a private Deck through the slider in the Dining Room. The Laundry is located on the 2nd floor for ultimate convenience. The Owners have added thoughtful features throughout from plantation shutters, dual zone smart thermostats and have recently replaced the HVAC and water heater. The unfinished Basement that is plumbed for a Bathroom has a WALK-OUT slider and a large window that allows for ample natural light. The location of this home within the community is as private as you could want with a natural backdrop of mature trees and convenient access to the walking path. Inspections have been completed prior to listing and available for all interested Buyers prior to showing. When compared to other interior townhome options in the area, 266 Cherry Lane offers some inherent features that can’t be changed - schedule your private showing today before someone else can call this their new home!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Built-In Range, Oven/Range - Electric, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Ceiling Fan(s), Breakfast Area, Floor Plan - Open, Recessed Lighting, Kitchen - Eat-In, Pantry, Combination Kitchen/Dining, Bathroom - Stall Shower, Bathroom - Soaking Tub, Carpet, Wood Floors, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane, Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, Tray Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room Count: 8
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Foyer, Loft, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Level
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3394
  • Living Area Sq Ft: 2417
  • Price Per Sq Ft: 192.39
  • Above Grade Finished Sq Ft: 2417
  • Below Grade Sq Ft: 977
  • Total Below Grade Sq Ft: 977
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 266

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, Copper Plumbing, Cpvc/Pvc
  • Exterior Features: Sidewalks, Street Lights
  • Roof: 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
  • Parking Features: Paved Driveway
  • Garage Features: Inside Access, Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 335.00
  • 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, Management
  • HOA Name: SCHOOL HOUSE LN COMMUNITY ASSOC.
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1376.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: MU

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5454.00
  • Tax Annual Amount: 6586.00
  • Assessor Parcel Number: 61-06 -0395
  • Tax Lot: 0395
  • Tax Total Finished Sq Ft: 2417
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/18/2024

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Nov 6, 2024
Sold by
Vignola Robert W
Bought by
Kraynie Erin and Rhodes Nathaniel
Seller's Agent
Matt Fetick
EXP Realty, LLC
Buyer's Agent
John SARACENO
KW Greater West Chester
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Total Days on Market
10
Views
12
Current Estimated Value
$494,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,072
Avg. Annual Appreciation
3.25%
Original Mortgage
$351,000
Outstanding Balance
$343,199
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$150,873

Purchase Details

Closed on
Apr 17, 2009
Sold by
Mccardell Jennifer A and Osborne Jennifer A
Bought by
Osborne Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
4.93%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $485,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 New Conventional
Previous Owner $228,000 New Conventional
Previous Owner $269,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $485,000 +4.3% $201 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $465,000 -2.1% $192 / Sq Ft
09/20/2024 09/20/24 For Sale $475,000 +66.7% $197 / Sq Ft
04/27/2012 04/27/12 Sold $285,000 -4.8% $118 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $299,500 -- $124 / 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 $1,132 $168,150 $60,140 $108,010
2023 $1,132 $168,150 $60,140 $108,010
2022 $942 $168,150 $60,140 $108,010
2021 $1,132 $168,150 $60,140 $108,010
2020 $911 $168,150 $60,140 $108,010
2019 $1,102 $168,150 $60,140 $108,010
2018 $1,102 $168,150 $60,140 $108,010
2017 $1,102 $168,150 $60,140 $108,010
2016 $724 $168,150 $60,140 $108,010
2015 $724 $168,150 $60,140 $108,010
2014 $724 $168,150 $60,140 $108,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2074350

Bright MLS

APN: 61-006-0395.0000