298 Elkview Rd Lincoln University, PA 19352
Estimated Value: $357,000 - $491,000
4
Beds
1
Bath
1,400
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- 1,400 Feet of Waterfront
- 68.05 Acre Lot
- No HOA
- Water Oriented
- Farmhouse Style Home
- Living Room
About This Home
As of May 202168 acre farm, 42 acres tillable, 4 bedroom, 1400 sq ft cape, bank barn, machine shed and 16 X 45 silo. Gorgeous views overlooking Big Elk Creek. This includes tax parcels: 56-10-15, 56-10-16, and 58-5-0001. Property is under Act 319 preferential real estate tax assessment and subject to an agriculture conservation easement by Chester County Ag Preservation Board.All showings are to follow the COVID-19 PAR Guidelines as noted in the most recent Suggested Best Practice including but not limited to the PA Health and Safety Acknowledgement is to be completed prior to showing, all participants will wear a mask and disinfect when finished.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,166
Year Built
- Built in 1957
Lot Details
- 68.05 Acre Lot
- 1,400 Feet of Waterfront
- Creek or Stream
- Barbed Wire
Home Design
- Farmhouse Style Home
Interior Spaces
- 1,400 Sq Ft Home
- Property has 1.5 Levels
- Living Room
- Water Views
- Partial Basement
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Outdoor Features
- Water Oriented
- Shed
Location
- Flood Risk
- Property is near a creek
Farming
- Feed Barn
- Bank Barn
- Timber
- Crops
- Machine Shed
- Silo
- Milk House
- Farm Land Preservation
- Horse Farm
- Livestock
Utilities
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Well
- Electric Water Heater
- Approved Septic System
- On Site Septic
- Septic Tank
- Phone Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 56-10-15, 56-10-16, 58-5-1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 20, 2021
Sold by
Vanore Neal P and Vanore Patricia A
Bought by
Vanore Paul T and Vanore Susan E
Total Days on Market
190
Current Estimated Value
Purchase Details
Listed on
Aug 31, 2020
Closed on
May 3, 2021
Sold by
Sebastian Stacy B and Estate Of Donald C Sebastian
Bought by
Vanore Neal P and Vanore Patricia A
Seller's Agent
Joel Brown
Beiler-Campbell Realtors-Avondale
Buyer's Agent
Robin Little
Keller Williams Real Estate - West Chester
List Price
$950,000
Sold Price
$855,000
Premium/Discount to List
-$95,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.61%
Original Mortgage
$625,000
Outstanding Balance
$574,759
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$106,092
Similar Homes in Lincoln University, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vanore Paul T | -- | None Available | |
| Vanore Neal P | $490,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanore Neal P | $625,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2021 05/03/21 | Sold | $855,000 | -10.0% | $611 / Sq Ft |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- |
| 08/31/2020 08/31/20 | For Sale | $950,000 | -- | $679 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,826 | $118,120 | $20,000 | $98,120 |
| 2023 | $4,659 | $118,120 | $20,000 | $98,120 |
| 2022 | $2,480 | $65,000 | $20,000 | $45,000 |
| 2021 | $2,393 | $65,000 | $20,000 | $45,000 |
| 2020 | $2,345 | $65,000 | $20,000 | $45,000 |
| 2019 | $7,555 | $65,000 | $20,000 | $45,000 |
| 2018 | $2,325 | $65,000 | $20,000 | $45,000 |
| 2017 | $2,305 | $65,000 | $20,000 | $45,000 |
| 2016 | $2,178 | $65,000 | $20,000 | $45,000 |
| 2015 | $2,178 | $65,000 | $20,000 | $45,000 |
| 2014 | $2,178 | $65,000 | $20,000 | $45,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Brown
Seller's Agent in 2021
Joel Brown
Beiler-Campbell Realtors-Avondale
(610) 213-9001
46 Total Sales
-
Robin Little
R
Buyer's Agent in 2021
Robin Little
Keller Williams Real Estate - West Chester
17 Total Sales
Map
Source: Bright MLS
MLS Number: PACT515120
APN: 56-010-0015.0000
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