NOT LISTED FOR SALE

314 Cherry Ln Unit 46 Kennett Square, PA 19348

Estimated Value: $488,781 - $578,000

3 Beds
2.5 Baths
2,090 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $345,000 $165 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,112/month

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Kennett High School Rated A-
  • Traditional Architecture
  • Loft

About This Home

As of May 2019

Welcome home to 314 Cherry Lane, located in the beautiful Schoolhouse Lane community in Kennett Square. Upon entering this home you'll immediately notice the pride of ownership and designer touches throughout. A custom bookcase was created to provide a cozy reading nook up front and give separation from the open living space at the back of the home. The updated Kitchen, Dining Area and Family Room are all perfectly connected to each other and allow for the universally desired open floor plan. Designer paint colors and plantation shutters give the space an elegant finish. On the 2nd floor you'll find the Master Suite with more plantation shutters, 2 Bedrooms (one with amazing built in shelving), a Full Bath and Laundry. BONUS - one more floor up is a finished private Loft space complete with two large skylights, a closet and a separate thermostat - essentially a 4th Bedroom. Make sure you take a look at the garage as well - 4 extra feet allows for ample storage and is a unique feature that not every home in this community offers. If you're looking for move-in ready and ease of ownership, you've found it.

Last Agent to Sell the Property

Matt Fetick

(484) 678-7888 team@fetickteam.com EXP Realty, LLC License #RS-0019528 Listed on: 03/15/2019

Co-Listed By

David Maio Williams

(610) 742-4306 david@fetickteam.com EXP Realty, LLC License #5012951

Last Buyer's Agent

Vincent Cyr

(610) 636-1565 vcyr@thecyrteam.com Real of Pennsylvania License #1650335

Real of Pennsylvania

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,499

Year Built

  • Built in 2005

Lot Details

  • 1,397 Sq Ft Lot
  • Lot Dimensions are 22x64
  • Property is in good condition

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Aluminum Siding
  • Vinyl Siding
  • CPVC or PVC Pipes

Interior Spaces

  • 2,090 Sq Ft Home
  • Property has 2.5 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0418
  • Assessor Parcel Number 61-06 -0418

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include lawn maintenance, common area maintenance, trash, snow removal
  • School House Lane Community Association, Phone Number (484) 614-3421
  • Schoolhouse Lane Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,499

Year Built

Built in 2005

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Loft
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2019-03-15
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: Welcome home to 314 Cherry Lane, located in the beautiful Schoolhouse Lane community in Kennett Square. Upon entering this home you'll immediately notice the pride of ownership and designer touches throughout. A custom bookcase was created to provide a cozy reading nook up front and give separation from the open living space at the back of the home. The updated Kitchen, Dining Area and Family Room are all perfectly connected to each other and allow for the universally desired open floor plan. Designer paint colors and plantation shutters give the space an elegant finish. On the 2nd floor you'll find the Master Suite with more plantation shutters, 2 Bedrooms (one with amazing built in shelving), a Full Bath and Laundry. BONUS - one more floor up is a finished private Loft space complete with two large skylights, a closet and a separate thermostat - essentially a 4th Bedroom. Make sure you take a look at the garage as well - 4 extra feet allows for ample storage and is a unique feature that not every home in this community offers. If you're looking for move-in ready and ease of ownership, you've found it.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Microwave, Dishwasher
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Primary Bath(s), Skylight(s), Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Walk-In Closet(s), Kitchen - Island, Stall Shower, Carpet, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Loft, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Sump Pump, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2090
  • Living Area Sq Ft: 2090
  • Price Per Sq Ft: 167.46
  • Above Grade Finished Sq Ft: 2090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

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, Aluminum Siding, Cpvc/Pvc, Brick
  • Exterior Features: Exterior Lighting
  • Roof: Pitched
  • Spa: No
  • 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
  • Open Parking Spaces Count: 1
  • Parking Features: Paved Parking
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Monthly Average Electric: 195
  • Previous Twelve Months Electric Expense: 2340.00
  • Electric Service: Fuses, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Dsl Available, Cable Tv Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Trash, Snow Removal
  • HOA Name: SCHOOL HOUSE LANE COMMUNITY ASSOCIATION
  • HOA Phone: 484-614-3421
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Lot Info

  • Horses: No
  • Improvement Assessed Value: 115510.00
  • Land Assessed Value: 60150.00
  • Land Use Code: R10
  • Lot Size Acres: 0.03
  • Lot Dimensions: 22x64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1397.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: MU

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4718007
  • School Tax: 5348.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 6499.00
  • Assessor Parcel Number: 61-06 -0418
  • Tax Lot: 0418
  • Tax Total Finished Sq Ft: 2090
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/07/2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 23, 2019
Sold by
Yellott Dale and Yellott Terry
Bought by
Lafferty Michelle J
Seller's Agent
Matt Fetick
EXP Realty, LLC
Buyer's Agent
Vincent Cyr
Real of Pennsylvania
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$521,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,695
Avg. Annual Appreciation
6.62%
Original Mortgage
$241,500
Outstanding Balance
$211,453
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$310,242

Purchase Details

Closed on
May 5, 2011
Sold by
Kelly Kathryn A
Bought by
Yellott Dale and Yellott Terry

Purchase Details

Closed on
Apr 19, 2010
Sold by
Hunt Susan S
Bought by
Kelly Kathryn A

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Hunt Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,705
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lafferty Michelle J $345,000 Keystone Premier Setmnt Svcs
Yellott Dale $285,000 None Available
Kelly Kathryn A $305,000 None Available
Hunt Susan S $327,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafferty Michelle J $241,500
Previous Owner Hunt Susan S $294,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $345,000 -1.4% $165 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $350,000 -- $167 / 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 $175,660 $60,150 $115,510
2024 $1,183 $175,660 $60,150 $115,510
2023 $1,183 $175,660 $60,150 $115,510
2022 $984 $175,660 $60,150 $115,510
2021 $1,183 $175,660 $60,150 $115,510
2020 $952 $175,660 $60,150 $115,510
2019 $1,151 $175,660 $60,150 $115,510
2018 $1,151 $175,660 $60,150 $115,510
2017 $1,151 $175,660 $60,150 $115,510
2016 $696 $175,660 $60,150 $115,510
2015 $696 $175,660 $60,150 $115,510
2014 $696 $175,660 $60,150 $115,510
Source: Public Records

Agents Affiliated with this Home

  • Matt Fetick

    Seller's Agent in 2019

    Matt Fetick

    EXP Realty, LLC

    (484) 678-7888

    146 in this area

    1,080 Total Sales

    Matt Fetick
    Section Image
  • David Maio Williams

    Seller Co-Listing Agent in 2019

    David Maio Williams

    EXP Realty, LLC

    (610) 742-4306

    56 in this area

    242 Total Sales

    David Maio Williams
    Section Image
  • Vincent Cyr

    Buyer's Agent in 2019

    Vincent Cyr

    Real of Pennsylvania

    (610) 636-1565

    17 in this area

    135 Total Sales

    Vincent Cyr
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT417184

Bright MLS

APN: 61-006-0418.0000

Pennsylvania Chester County Kennett Square 19348

314 Cherry Ln Unit 46, Kennett Square, PA

This home is located at 314 Cherry Ln Unit 46, Kennett Square, PA 19348 since 15 March 2019 and is currently estimated at $521,695, approximately $249 per square foot. This property was built in 2005. 314 Cherry Ln Unit 46 is a home located in Chester County with nearby schools including Kennett Middle School, Kennett High School, and St. Patrick School.

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