NOT LISTED FOR SALE

278 Cherry Ln Unit I3337 Kennett Square, PA 19348

Estimated Value: $527,518 - $616,000

3 Beds
4 Baths
2,607 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $370,000 $142 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,337/month

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Kennett High School Rated A-
  • Traditional Architecture
  • Loft

About This Home

As of March 2019

Welcome to 278 Cherry Ln. This beautiful end-unit townhome in the premier community of Schoolhouse Lane is in impeccable condition. Move right in as everything has been done for you. Look at the open concept layout that provides so much living space. See the granite countertops in the kitchen, observe the island where you can entertain while you prepare your meals using the stainless steel appliances. Hardwood floors and freshly painted walls are ready for your furniture to be put into position. Those looking for additional space will find plenty on the third floor loft which can be used as an additional bedroom or office area. The finished basement is ready for you to create an additional living space. This home is on the outside perimeter of the development and backs up to walking trails and woods. Very secluded and very private. The HVAC and H/W Heater were updated in 2017. Located in up-and-coming Kennett Square with nearby shopping and restaurants, with maintenance-free living and great access to Chester county attractions, this home must be seen to be truly appreciated.

Last Agent to Sell the Property

Vincent Cyr

(610) 636-1565 vcyr@thecyrteam.com Real of Pennsylvania License #1650335 Listed on: 03/07/2019

Real of Pennsylvania

Co-Listed By

Jane Cyr

(610) 636-5095 jcyr@vincentcyrgroup.com Real of Pennsylvania License #RS312764

Last Buyer's Agent

Erin Heilig

(484) 356-3138 erinheilig@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 2004

Lot Details

  • 1,455 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $255 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,607 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Washer
  • Gas Dryer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • $500 Capital Contribution Fee
  • Association fees include snow removal, trash, lawn maintenance, exterior building maintenance, common area maintenance
  • Schoolhouse Lane Community Assoc. HOA, Phone Number (484) 614-3421
  • Schoolhouse Lane Subdivision

Listing and Financial Details

  • Tax Lot 0405
  • Assessor Parcel Number 61-06 -0405

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,360

Year Built

Built in 2004

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Refrigerator. Pool table.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer and dryer in present working condition.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: Welcome to 278 Cherry Ln. This beautiful end-unit townhome in the premier community of Schoolhouse Lane is in impeccable condition. Move right in as everything has been done for you. Look at the open concept layout that provides so much living space. See the granite countertops in the kitchen, observe the island where you can entertain while you prepare your meals using the stainless steel appliances. Hardwood floors and freshly painted walls are ready for your furniture to be put into position. Those looking for additional space will find plenty on the third floor loft which can be used as an additional bedroom or office area. The finished basement is ready for you to create an additional living space. This home is on the outside perimeter of the development and backs up to walking trails and woods. Very secluded and very private. The HVAC and H/W Heater were updated in 2017. Located in up-and-coming Kennett Square with nearby shopping and restaurants, with maintenance-free living and great access to Chester county attractions, this home must be seen to be truly appreciated.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Washer
  • Flooring Type: Hardwood, Fully Carpeted
  • Interior Amenities: Floor Plan - Open
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Loft
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 100.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2607
  • Living Area Sq Ft: 2607
  • Price Per Sq Ft: 141.16
  • Above Grade Finished Sq Ft: 2607
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 278

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Lawn Maintenance, Ext Bldg Maint, Common Area Maintenance
  • HOA Name: SCHOOLHOUSE LANE COMMUNITY ASSOC.
  • HOA Phone: 484-614-3421
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 138750.00
  • Land Assessed Value: 60170.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1455.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: MU

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4690374
  • School Tax: 6057.00
  • Tax Annual Amount: 7360.00
  • Assessor Parcel Number: 61-06 -0405
  • Tax Lot: 0405
  • Tax Total Finished Sq Ft: 2607
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/29/2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Pagliaro Nina and Russo Nina
Bought by
Russo Nina
Current Estimated Value
$560,130

Purchase Details

Listed on
Mar 7, 2019
Closed on
Mar 29, 2019
Sold by
Koch Bernhard M
Bought by
Pagliaro Nina
Seller's Agent
Vincent Cyr
Real of Pennsylvania
Buyer's Agent
Erin Heilig
Long & Foster Real Estate, Inc.
List Price
$368,000
Sold Price
$370,000
Premium/Discount to List
$2,000
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Mar 11, 2005
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Koch Bernhard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,173
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Russo Nina -- None Available
Pagliaro Nina $370,000 Bry Mawt Abstract Inc
Koch Bernhard M $388,967 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koch Bernhard M $311,173
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $370,000 +0.5% $142 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $368,000 -- $141 / 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 $1,340 $198,920 $60,170 $138,750
2024 $1,340 $198,920 $60,170 $138,750
2023 $1,340 $198,920 $60,170 $138,750
2022 $1,114 $198,920 $60,170 $138,750
2021 $1,340 $198,920 $60,170 $138,750
2020 $1,078 $198,920 $60,170 $138,750
2019 $9,636 $198,920 $60,170 $138,750
2018 $1,303 $198,920 $60,170 $138,750
2017 $1,303 $198,920 $60,170 $138,750
2016 $789 $198,920 $60,170 $138,750
2015 $789 $198,920 $60,170 $138,750
2014 $789 $198,920 $60,170 $138,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT415246

Bright MLS

APN: 61-006-0405.0000