NOT LISTED FOR SALE

3 Locust Ln Chadds Ford, PA 19317

Estimated Value: $1,264,000 - $1,467,000

5 Beds
3.5 Baths
8,287 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $820,000 $99 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,953/month

15 Days on Market

Highlights

  • Commercial Range
  • Colonial Architecture
  • Cathedral Ceiling
  • Chadds Ford Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2016

This spectacular 5 bedroom, 3.5 bath home sits on nearly an half acre property that backs to woods in the prestigious Estates at Chadds Ford. The south facing home has plenty of natural light and an open floor plan. You will be impressed as you enter the foyer at the 30 ft ceiling, curved staircase with wainscotin and new chandelier. The owners have improved this property in the past year with new carpets in master bedroom and stairs, new high end ceiling fans in all bedrooms, new fixtures throughout, garage floor painted with easy clean epoxy, fresh paint in a majority of the home, new hardwood floors in the family room, new exterior shutters and lights and new custom blinds. The master suite includes a gas fireplace, over-sized walk in closet, sitting area and grand bathroom. A jack and jill bathroom is shared by two bedrooms. A princess suite is located at the opposite end of the home, perfect for guests. The 5th bedroom is set up as a play/study room, with work-space for two and play area for more. The stucco passed the invasive stucco inspection 10/2015. Preventative repairs including updated flashing, all windows and doors were caulked, to prevent any future water penetration.

Last Agent to Sell the Property

Christopher Black

BHHS Fox & Roach - Hockessin License #652222 Listed on: 04/06/2016

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Michael D'Adamo

RE/MAX Preferred - Newtown Square License #RM425162

RE/MAX Preferred - Newtown Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,665

Year Built

  • Built in 2008

Lot Details

  • 0.45 Acre Lot
  • South Facing Home
  • Level Lot
  • Open Lot
  • Flag Lot
  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Commercial Range
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Ests At Chadds Ford Subdivision

Listing and Financial Details

  • Tax Lot 032-003
  • Assessor Parcel Number 04-00-00187-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,665

Year Built

Built in 2008

Lot Details

0

HOA Fees

$121 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer & Dryer
  • Inclusions: Refrigerator, Dishwasher, Wall Ovens, Stove & Exhaust Hood
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Double, Commercial Range, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 8287
  • Living Area Sq Ft: 8287
  • Net Sq Ft: 5787.00
  • Price Per Sq Ft: 146.88
  • Above Grade Finished Sq Ft: 5787
  • Below Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 362.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Flag, Level, Open, Front Yard, Rear Yard
  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19693.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14665.00
  • Assessor Parcel Number: 04-00-00187-50
  • Tax Lot: 032-003
  • Tax Year: 2016
  • Close Date: 08/29/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jul 22, 2016
Sold by
Vaitla Seshkumar and Vellanki Haritha
Bought by
Carpenter Harrison S and Khemka Shaivlini
Seller's Agent
Christopher Black
BHHS Fox & Roach - Hockessin
Buyer's Agent
Michael D'Adamo
RE/MAX Preferred - Newtown Square
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Current Estimated Value
$1,357,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,319
Avg. Annual Appreciation
5.35%
Original Mortgage
$656,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 19, 2015
Sold by
Sirva Relocation Credit Llc
Bought by
Vaitla Seshkumar and Vellanki Haritha
Seller's Agent
Betsy Reinert
Long & Foster Real Estate, Inc.
Buyer's Agent
Christopher Black
BHHS Fox & Roach - Hockessin
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$628,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2014
Sold by
Bhasin Sandeep S and Bhasin Rozelle A
Bought by
Sirva Relocation Credit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
3.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2008
Sold by
Toll Pa Ix Lp
Bought by
Kirkpatrick James E and Kirkpatrick Tina Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Carpenter Harrison S $820,000 Attorney
Vaitla Seshkumar $785,000 None Available
Sirva Relocation Credit Llc $785,000 None Available
Kirkpatrick James E $837,192 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khemka Shaivlini $510,400
Closed Carpenter Harrison S $656,000
Previous Owner Vaitla Seshkumar $628,000
Previous Owner Sirva Relocation Credit Llc $78,500
Previous Owner Bhasin Sandeep S $225,000
Previous Owner Kirkpatrick James E $669,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $820,000 -3.5% $99 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $850,000 +8.3% $103 / Sq Ft
06/15/2015 06/15/15 Sold $785,000 -1.9% $157 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $799,900 -- $160 / 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 $17,235 $840,980 $172,990 $667,990
2024 $17,235 $840,980 $172,990 $667,990
2023 $16,459 $840,980 $172,990 $667,990
2022 $15,966 $840,980 $172,990 $667,990
2021 $24,822 $840,980 $172,990 $667,990
2020 $15,645 $488,082 $174,410 $313,672
2019 $15,371 $488,082 $174,410 $313,672
2018 $14,697 $488,082 $0 $0
2017 $14,663 $488,082 $0 $0
2016 $2,679 $488,082 $0 $0
2015 $2,679 $488,082 $0 $0
2014 $2,733 $488,082 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003917389

Bright MLS

APN: 04-00-00187-50