NOT LISTED FOR SALE

31 Krauser Rd Downingtown, PA 19335

Estimated Value: $701,000 - $777,000

4 Beds
2 Baths
2,638 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $460,000 $174 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,510/month

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • No HOA
  • Springton Manor Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of August 2020

This delightful colonial home in Black Horse Farms is nestled on an exceptionally delightful lot and just minutes to the Pennsylvania Turnpike and Downingtown East and STEM Schools. The covered front porch beckons you to step right in but be sure to come back and sit for a bit in a rocking chair with a glass of lemonade! Central to modern conveniences you will be sure to enjoy privacy in this charming and well maintained four bedroom, two and a half bath home with spacious living and an absolutely amazing yard for fun and games. You are sure to love the open floor plan of the chef's kitchen and cozy family room with a fireplace featuring gorgeous views and access to the expanded deck and yard. Entertaining is a breeze in the gracious hardwood dining room and newly carpeted living room boasting more of the naturescape beyond. An updated powder room and access to the two-car garage round out the first floor. Make your way to the newly carpeted second level where you ll find four generously sized bedrooms including the master suite offering en suite bathroom updated with his and her vanity and separate glass-enclosed shower. Another oversized bath serves the additional three bedrooms any of which are ideal for the work from home lifestyle. The finished lower level provides family fun and games all day long. A separate laundry, storage, and workshop area is a tremendous bonus to this space. Enjoy this cozy home in a park-like setting convenient to Marsh Creek Lake and Bryn Coed, outstanding schools, major roadways, and commerce. A truly lovely home in a wonderful location makes this a win! Come and ENJOY!!

Last Agent to Sell the Property

Beth Stein

(484) 713-2456 srgteam@steinrealtygroup.com Keller Williams Real Estate -Exton License #RS275145 Listed on: 03/20/2020

Keller Williams Real Estate -Exton

Last Buyer's Agent

Bill McCormick

(267) 278-4621 bill@billmccormickteam.com Keller Williams Real Estate -Exton

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 1991

Lot Details

  • 1 Acre Lot
  • Southwest Facing Home
  • Irregular Lot
  • Property is in good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Black Horse Farms Subdivision

Listing and Financial Details

  • Tax Lot 0009.3500
  • Assessor Parcel Number 32-03 -0009.3500

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,725

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: washer, dryer, refrigerator, window treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-03-20
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: This delightful colonial home in Black Horse Farms is nestled on an exceptionally delightful lot and just minutes to the Pennsylvania Turnpike and Downingtown East and STEM Schools. The covered front porch beckons you to step right in but be sure to come back and sit for a bit in a rocking chair with a glass of lemonade! Central to modern conveniences you will be sure to enjoy privacy in this charming and well maintained four bedroom, two and a half bath home with spacious living and an absolutely amazing yard for fun and games. You are sure to love the open floor plan of the chef's kitchen and cozy family room with a fireplace featuring gorgeous views and access to the expanded deck and yard. Entertaining is a breeze in the gracious hardwood dining room and newly carpeted living room boasting more of the naturescape beyond. An updated powder room and access to the two-car garage round out the first floor. Make your way to the newly carpeted second level where you ll find four generously sized bedrooms including the master suite offering en suite bathroom updated with his and her vanity and separate glass-enclosed shower. Another oversized bath serves the additional three bedrooms any of which are ideal for the work from home lifestyle. The finished lower level provides family fun and games all day long. A separate laundry, storage, and workshop area is a tremendous bonus to this space. Enjoy this cozy home in a park-like setting convenient to Marsh Creek Lake and Bryn Coed, outstanding schools, major roadways, and commerce. A truly lovely home in a wonderful location makes this a win! Come and ENJOY!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Oven - Self Cleaning
  • Flooring Type: Carpet, Hardwood, Laminated, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Basement
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2638
  • Living Area Sq Ft: 2638
  • Price Per Sq Ft: 227.49
  • Above Grade Finished Sq Ft: 2066
  • Below Grade Finished Sq Ft: 572
  • Total Below Grade Sq Ft: 572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 161090.00
  • Land Assessed Value: 45300.00
  • Land Use Code: R10
  • Lot Features: Irregular
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R2

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 278881
  • School Tax: 5610.00
  • Tax Annual Amount: 6725.00
  • Assessor Parcel Number: 32-03 -0009.3500
  • Tax Lot: 0009.3500
  • Tax Total Finished Sq Ft: 3066
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 08/03/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 24, 2020
Sold by
Mcgowan Brian James and Mcgowan Mary Katherine
Bought by
Fine William Alan
Seller's Agent
Beth Stein
Keller Williams Real Estate -Exton
Buyer's Agent
Bill McCormick
Keller Williams Real Estate -Exton
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%
Current Estimated Value
$736,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,804
Avg. Annual Appreciation
9.48%
Original Mortgage
$345,000
Outstanding Balance
$305,923
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$430,881

Purchase Details

Closed on
Apr 15, 1992
Bought by
Mcgowan Brian James and Mary Katherin
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
Fine William Alan $460,000 Brendan Abstract Company Inc
Mcgowan Brian James $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fine William Alan $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $460,000 -2.1% $174 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $470,000 +2.2% $178 / Sq Ft
03/20/2020 03/20/20 Off Market $460,000 -- --
03/20/2020 03/20/20 For Sale $470,000 0.0% $178 / Sq Ft
03/17/2020 03/17/20 Price Changed $470,000 -- $178 / 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 $7,253 $206,390 $45,300 $161,090
2024 $7,253 $206,390 $45,300 $161,090
2023 $7,047 $206,390 $45,300 $161,090
2022 $6,875 $206,390 $45,300 $161,090
2021 $6,763 $206,390 $45,300 $161,090
2020 $6,725 $206,390 $45,300 $161,090
2019 $6,725 $206,390 $45,300 $161,090
2018 $6,725 $206,390 $45,300 $161,090
2017 $6,725 $206,390 $45,300 $161,090
2016 $6,263 $206,390 $45,300 $161,090
2015 $6,263 $206,390 $45,300 $161,090
2014 $6,263 $206,390 $45,300 $161,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT497788

Bright MLS

APN: 32-003-0009.3500