NOT LISTED FOR SALE

283 Cherry Ln Unit 61 Kennett Square, PA 19348

Estimated Value: $505,514 - $591,000

3 Beds
2.5 Baths
3,317 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $351,000 $106 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,235/month

Highlights

  • Colonial Architecture
  • Deck
  • Built-In Double Oven
  • Kennett High School Rated A-
  • Loft
  • Stainless Steel Appliances

About This Home

As of November 2019

Sophisticated 3-4 BR Townhouse with Finished Lower Level in the Picture-Perfect Community of Schoolhouse Lane! Ideally Located in Popular East Marlborough Township, this Enhanced Byron Model Was Constructed with many attractive Upgrades! Hardwood Floors Span the Main Level in its Entirety, and the Versatile Floorplan Offers Open-Concept Living at its Best. Bright & Open Kitchen with Rich 42" Cherry Cabinetry, GE Profile Stainless Steel Appliances Including Double Wall Oven & Gas Cooktop, Granite, & Under-Cabinet and Recessed Lighting. Oversized Kitchen Island Overlooks Family Room with Vaulted Ceiling, Gas Fireplace, and Recessed Lighting. Morning Room with Access to Deck, with Steps Leading to Walking Trails. Master Suite with Tray Ceiling, Triple Window, Walk-In Plus Additional Closet, and Ceramic-Tiled Master Bath with Cherry Vanity, Jetted Tub, and Private Water Closet. A 4' Bump-Out Adds Extra Space to the Garage and Bedroom Above, Which Has a Large Walk-In Closet. Additional Bedroom on Second Floor, Plus Tiled Hall Bath and Laundry Area. Generously-Sized Loft on Third Floor with Skylights and Walk-In Closet. Lower Level is Finished with Egress, and Wired for Theater Room. Oversized One-Car Attached Garage. Public Water, Sewer, & Natural Gas Utilities. Central Location Offers an Easy Commute to Philadelphia, Wilmington, and King of Prussia, and the Bustling Kennett Square Borough is Moments Away. Lovely Home with Four Levels of Living Space in a Pristine & Friendly Neighborhood--An Excellent Value in an Aggressive Real Estate Market!

Last Agent to Sell the Property

Gary Scheivert

(610) 368-5549 gary@garyscheivert.com BHHS Fox & Roach-Media License #RS-0016139 Listed on: 05/16/2019

BHHS Fox & Roach-Media

Last Buyer's Agent

Marcee McMullen

(610) 368-5860 marceemcmullen@gmail.com Real of Pennsylvania License #RS349026

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 2005

Lot Details

  • 1,376

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Gas Fireplace
  • Loft
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Additional Features

  • Deck
  • 1,376 Sq Ft Lot

Community Details

  • $500 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, lawn maintenance, snow removal, trash
  • Built by Benson
  • Schoolhouse Lane Subdivision, Enhanced Byron Floorplan

Listing and Financial Details

  • Tax Lot 0433
  • Assessor Parcel Number 61-06 -0433

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,823

Year Built

Built in 2005

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven - Double, Oven - Wall, Stainless Steel Appliances
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Loft
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3317
  • Living Area Sq Ft: 3317
  • Price Per Sq Ft: 146.83
  • Above Grade Finished Sq Ft: 2417
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 283

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, Brick Front
  • Exterior Features: Sidewalks
  • 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: 1
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Lot Info

  • Land Use Code: R10
  • Lot Features: Level
  • 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)
  • Year Assessed: 2019
  • Zoning: MU

Building Info

  • Builder Name: Benson

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5615.00
  • Tax Annual Amount: 6823.00
  • Assessor Parcel Number: 61-06 -0433
  • Tax Lot: 0433
  • Tax Total Finished Sq Ft: 2417
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/14/2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Nov 3, 2019
Sold by
Stull Francis and Stull Cecilia
Bought by
Mason Maureen
Seller's Agent
Gary Scheivert
BHHS Fox & Roach-Media
Buyer's Agent
Marcee McMullen
Real of Pennsylvania
List Price
$364,900
Sold Price
$351,000
Premium/Discount to List
-$13,900
-3.81%
Current Estimated Value
$542,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,379
Avg. Annual Appreciation
7.61%
Original Mortgage
$280,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2017
Sold by
Stull Frank and Still Cecilia
Bought by
Stull Francis and Stull Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,323
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Listed on
Sep 30, 2011
Closed on
Dec 29, 2011
Sold by
Nemali Bharathnath and Rajkumar Aarthi R
Bought by
Gidwani Shabana P and Dutia Arijiy
Seller's Agent
Craig Schwartz
Patterson-Schwartz-Hockessin
Buyer's Agent
Phoebe Turner
RE/MAX Town & Country
List Price
$298,000
Sold Price
$287,500
Premium/Discount to List
-$10,500
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$277,775
Interest Rate
2.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Nemali Bharathnath and Rajkumar Aarthi R
Source: Public Records

Range of Values:

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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
Mason Maureen $351,000 Keystone Premier Setmnt Svcs
Stull Francis -- --
Gidwani Shabana P $287,500 None Available
Nemali Bharathnath $365,791 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Maureen $280,800
Previous Owner Stull Francis $285,323
Previous Owner Gidwani Shabana P $277,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2019 11/14/19 Sold $351,000 -1.1% $106 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $354,900 -1.4% $107 / Sq Ft
06/23/2019 06/23/19 Price Changed $359,900 -1.4% $109 / Sq Ft
05/16/2019 05/16/19 For Sale $364,900 +12.4% $110 / Sq Ft
07/16/2015 07/16/15 Sold $324,500 -2.0% $134 / Sq Ft View Prior Sale
05/22/2015 05/22/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $331,000 +15.1% $137 / Sq Ft
01/26/2012 01/26/12 Sold $287,500 -0.8% $119 / Sq Ft View Prior Sale
12/12/2011 12/12/11 Pending -- -- --
11/14/2011 11/14/11 Price Changed $289,900 -2.7% $120 / Sq Ft
09/30/2011 09/30/11 For Sale $298,000 -- $123 / 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 $1,242 $184,400 $60,140 $124,260
2024 $1,242 $184,400 $60,140 $124,260
2023 $1,242 $184,400 $60,140 $124,260
2022 $1,033 $184,400 $60,140 $124,260
2021 $1,242 $184,400 $60,140 $124,260
2020 $999 $184,400 $60,140 $124,260
2019 $1,432 $184,400 $60,140 $124,260
2018 $1,208 $184,400 $60,140 $124,260
2017 $1,208 $184,400 $60,140 $124,260
2016 $731 $184,400 $60,140 $124,260
2015 $731 $184,400 $60,140 $124,260
2014 $731 $184,400 $60,140 $124,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT478130

Bright MLS

APN: 61-006-0433.0000