NOT LISTED FOR SALE

296 Cherry Ln Unit 42 Kennett Square, PA 19348

Estimated Value: $482,407 - $514,000

3 Beds
2.5 Baths
2,090 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $375,000 $179 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,030/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Kennett High School Rated A-
  • 1 Car Attached Garage
  • Property is in excellent condition

About This Home

As of September 2021

Welcome to 296 Cherry Ln! This beautifully kept 3 BR/2.1 BA townhome in popular Schoolhouse Lane, built by Bentley Homes, is sure to impress! This sought after community is located on the edge of Kennett Square Borough and conveniently located near all of the shopping in Longwood providing easy access to major work routes such as Rt 1, 52, and 926! The community features wonderful tree lined streets and is extremely well kept and neat! This lovely home features an open concept with hardwood flooring throughout and an oversized kitchen with plenty of cabinet space, counter space and large kitchen island! The rear of the home features a large family room with vaulted ceilings, plenty of windows, gas fireplace and an adjacent slider leading out to the rear deck. Upstairs you will find a large primary bedroom suite with tray ceiling, plenty of closet space and a bathroom featuring double vanity, walk-in shower and jacuzzi tub. Rounding out the 2nd floor are two additional bedrooms, a full bathroom and laundry room! Don't forget about the unfinished basement....waiting for your imagination!

Last Agent to Sell the Property

John Kriza

johnkriza@gmail.com Beiler-Campbell Realtors-Kennett Square License #5021907 Listed on: 07/14/2021

Last Buyer's Agent

Derek Fiorenza

(484) 467-7899 derek.fiorenza@gmail.com HomeSmart Realty Advisors- Exton License #Rs345844

HomeSmart Realty Advisors- Exton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 2005

Lot Details

  • 1,298 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0414
  • Assessor Parcel Number 61-06 -0414

Community Details

Overview

  • $1,400 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • Schoolhouse Lane Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,712

Year Built

Built in 2005

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-15
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to 296 Cherry Ln! This beautifully kept 3 BR/2.1 BA townhome in popular Schoolhouse Lane, built by Bentley Homes, is sure to impress! This sought after community is located on the edge of Kennett Square Borough and conveniently located near all of the shopping in Longwood providing easy access to major work routes such as Rt 1, 52, and 926! The community features wonderful tree lined streets and is extremely well kept and neat! This lovely home features an open concept with hardwood flooring throughout and an oversized kitchen with plenty of cabinet space, counter space and large kitchen island! The rear of the home features a large family room with vaulted ceilings, plenty of windows, gas fireplace and an adjacent slider leading out to the rear deck. Upstairs you will find a large primary bedroom suite with tray ceiling, plenty of closet space and a bathroom featuring double vanity, walk-in shower and jacuzzi tub. Rounding out the 2nd floor are two additional bedrooms, a full bathroom and laundry room! Don't forget about the unfinished basement....waiting for your imagination!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2090
  • Living Area Sq Ft: 2090
  • Price Per Sq Ft: 179.43
  • Above Grade Finished Sq Ft: 2090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 296

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
  • Roof: Architectural 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
  • Garage Features: Built In
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 280.00
  • 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
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1400.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115510.00
  • Land Assessed Value: 60100.00
  • Land Use Code: R10
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1298.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4718003
  • School Tax: 5529.00
  • Tax Annual Amount: 6712.00
  • Assessor Parcel Number: 61-06 -0414
  • Tax Lot: 0414
  • Tax Total Finished Sq Ft: 2090
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/01/2021

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 25, 2021
Sold by
Irwin Scott T and Irwin Casey M
Bought by
Moyer Barbara
Seller's Agent
John Kriza
Beiler-Campbell Realtors-Kennett Square
Buyer's Agent
Derek Fiorenza
HomeSmart Realty Advisors- Exton
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$500,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,102
Avg. Annual Appreciation
7.24%
Original Mortgage
$281,250
Outstanding Balance
$255,917
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$244,185

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 23, 2020
Sold by
Fisher Gregory M
Bought by
Irwin Scott T and Irwin Casey M
Seller's Agent
Kathleen Fisher
Compass RE
Buyer's Agent
John Kriza
Beiler-Campbell Realtors-Kennett Square
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%

Purchase Details

Listed on
Jun 3, 2015
Closed on
Sep 9, 2015
Sold by
Fisher Wayne L
Bought by
Fisher Gregogy M
Seller's Agent
Ken Gehris
USRealty.com, LLP
Buyer's Agent
Ken Gehris
USRealty.com, LLP
List Price
$305,000
Sold Price
$285,500
Premium/Discount to List
-$19,500
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$228,400
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2014
Closed on
May 9, 2014
Sold by
Cataldi Lucille
Bought by
Early Robert and Early Kirsti
Seller's Agent
Michele Endrich
BHHS Fox & Roach - Hockessin
Buyer's Agent
John Williams
VRA Realty
List Price
$299,900
Sold Price
$293,000
Premium/Discount to List
-$6,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.07%
Original Mortgage
$263,700
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Cataldi Lucille
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
Moyer Barbara $375,000 None Available
Irwin Scott T $330,000 Anvil Land Transfer Company
Fisher Gregogy M $285,500 None Available
Early Robert $293,000 None Available
Cataldi Lucille $283,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moyer Barbara $281,250
Previous Owner Fisher Gregogy M $228,400
Previous Owner Early Robert $263,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $375,000 0.0% $179 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $375,000 +13.6% $179 / Sq Ft
07/28/2020 07/28/20 Sold $330,000 -2.9% $158 / Sq Ft View Prior Sale
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $339,900 +19.1% $163 / Sq Ft
08/03/2015 08/03/15 Sold $285,500 -6.4% $220 / Sq Ft View Prior Sale
07/04/2015 07/04/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $305,000 +4.1% $235 / Sq Ft
05/09/2014 05/09/14 Sold $293,000 -2.3% $140 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $299,900 0.0% $143 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $299,900 -- $143 / 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 $1,183 $175,610 $60,100 $115,510
2024 $1,183 $175,610 $60,100 $115,510
2023 $1,183 $175,610 $60,100 $115,510
2022 $984 $175,610 $60,100 $115,510
2021 $1,183 $175,610 $60,100 $115,510
2020 $952 $175,610 $60,100 $115,510
2019 $1,151 $175,610 $60,100 $115,510
2018 $1,151 $175,610 $60,100 $115,510
2017 $1,151 $175,610 $60,100 $115,510
2016 $696 $175,610 $60,100 $115,510
2015 $696 $175,610 $60,100 $115,510
2014 $696 $175,610 $60,100 $115,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2001294

Bright MLS

APN: 61-006-0414.0000