NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,541,000

3 Beds
2 Baths
2,931 Sq Ft
$382/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $485,000 $165 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $7,108/month

107 Days on Market

Highlights

  • Spa
  • Water Oriented
  • Colonial Architecture
  • West Vincent Elementary School Rated A
  • 4.84 Acre Lot
  • Pond

About This Home

As of August 2013

Charming Chester Springs Bank Farmhouse, "Possum Trot", the c. 1780 home of Jacob Binder. Situated on a wooded and peaceful 4.84 acres, the property includes a small stream and two spring fed ponds, random width wood floors and deep window sills. The home's Great Room/Living Room has the original beams and two Fireplaces. There is a bright Dining Room and a large new eat-in Kitchen with granite countertops and stainless steel appliances. There is also a new septic system, well & hardscaping. Above the Great Room, the master bedroom also features two fireplaces, good closet space and access to the third floor with great space for an office or storage. There is plenty of outdoor living space on the terraces and enjoy the hot tub with its views of the property. Your buyers will appreciate and enjoy "Possum Trot" with its perennial gardens, specimen trees and shrubs. Convenient To Rt 401 and 100, PA Tpk, and Rt 202.

Last Agent to Sell the Property

Caleb Knecht

(484) 995-1591 caleb@kw.com Keller Williams Elite License #RS288414 Listed on: 03/15/2013

Keller Williams Elite

Last Buyer's Agent

Kevin Steiger

(215) 519-1746 steiger@kurfiss.com Kurfiss Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,481

Year Built

  • Built in 1780

Lot Details

  • 4.84 Acre Lot
  • Property is in good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,931 Sq Ft Home
  • Property has 2 Levels
  • Stone Fireplace
  • Living Room
  • Dining Room
  • Home Security System
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Water Oriented
  • Property is near a pond
  • Pond
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0090
  • Assessor Parcel Number 25-03 -0090

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,481

Year Built

Built in 1780

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1780
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2931
  • Living Area Sq Ft: 2931
  • Net Sq Ft: 2931.00
  • Price Per Sq Ft: 170.59
  • Above Grade Finished Sq Ft: 2931
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Hot Tub
  • Roof: Pitched, Shingle
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 143580.00
  • Land Assessed Value: 79540.00
  • Lot Size Acres: 4.84
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 209088.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 260567
  • Tax Annual Amount: 7481.00
  • Assessor Parcel Number: 25-03 -0090
  • Tax Lot: 0090
  • Tax Year: 2013

MLS Schools

  • School District Name: OWEN J ROBERTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Aug 6, 2013
Sold by
Dunn Hughes Jkohn L and Dunn Hughes Anne
Bought by
Spadaford Joseph F and Spadaford Jennifer J
Seller's Agent
Caleb Knecht
Keller Williams Elite
Buyer's Agent
Kevin Steiger
Kurfiss Sotheby's International Realty
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Current Estimated Value
$1,120,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,306
Avg. Annual Appreciation
7.00%
Original Mortgage
$388,000
Outstanding Balance
$96,933
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$1,023,373
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spadaford Joseph F $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spadaford Joseph F $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2013 08/06/13 Sold $485,000 -3.0% $165 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $500,000 -- $171 / 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 $14,580 $354,190 $79,540 $274,650
2024 $14,580 $354,190 $79,540 $274,650
2023 $14,370 $354,190 $79,540 $274,650
2022 $14,137 $354,190 $79,540 $274,650
2021 $13,965 $354,190 $79,540 $274,650
2020 $13,606 $354,190 $79,540 $274,650
2019 $13,351 $354,190 $79,540 $274,650
2018 $13,092 $354,190 $79,540 $274,650
2017 $12,783 $354,190 $79,540 $274,650
2016 $6,711 $354,190 $79,540 $274,650
2015 $6,711 $223,120 $79,540 $143,580
2014 $6,711 $223,120 $79,540 $143,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003368882

Bright MLS

APN: 25-003-0090.0000