NOT LISTED FOR SALE

315 E Lancaster Ave Downingtown, PA 19335

Estimated Value: $336,000 - $471,261

-- Bed
2 Baths
2,279 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $595,000 $261 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $2,622/month

14 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Kerr Park
  • East Ward Elementary School Rated A
  • Property is in excellent condition

About This Home

As of September 2020

4-unit apartment building in Downingtown Borough. 3 apartments and 1 office. Close proximity to the center of Downingtown. The building may be sold at two duplex's as well as all together. Please contact listing agents for additional information and questions.

Last Agent to Sell the Property

Charles Swope

Swope Lees Commercial Real Estate LLC Listed on: 07/30/2020

Last Buyer's Agent

Charles Swope

Swope Lees Commercial Real Estate LLC Listed on: 07/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1920

Lot Details

  • 8,904 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2,279 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 0021
  • Assessor Parcel Number 11-04 -0021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: 4-unit apartment building in Downingtown Borough. 3 apartments and 1 office. Close proximity to the center of Downingtown. The building may be sold at two duplex's as well as all together. Please contact listing agents for additional information and questions.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2279
  • Living Area Sq Ft: 2279
  • Price Per Sq Ft: 261.08
  • Above Grade Finished Sq Ft: 2279
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 315

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89520.00
  • Land Assessed Value: 35790.00
  • Land Use Code: R20
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8904.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2020
  • Zoning: R4

Rental Info

  • Units Leased Count: 4
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 232634
  • School Tax: 3406.00
  • Tax Annual Amount: 4912.00
  • Assessor Parcel Number: 11-04 -0021
  • Tax Lot: 0021
  • Tax Total Finished Sq Ft: 2279
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/21/2020

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 22, 2020
Sold by
Usher Glenn A and Usher Donna L
Bought by
Town S Edge Properties Llc
Seller's Agent
Charles Swope
Swope Lees Commercial Real Estate LLC
Buyer's Agent
Charles Swope
Swope Lees Commercial Real Estate LLC
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$399,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$195,829
Original Mortgage
$395,000
Outstanding Balance
$359,952
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1991
Bought by
Usher Arvilla Ida
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
Town S Edge Properties Llc $595,000 Turks Head Abstract Company
Usher Arvilla Ida -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Town S Edge Properties Llc $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $595,000 0.0% $261 / Sq Ft
07/30/2020 07/30/20 For Sale $595,000 -- $261 / 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
2024 $5,233 $125,310 $35,790 $89,520
2023 $5,108 $125,310 $35,790 $89,520
2022 $5,003 $125,310 $35,790 $89,520
2021 $4,935 $125,310 $35,790 $89,520
2020 $4,912 $125,310 $35,790 $89,520
2019 $4,912 $125,310 $35,790 $89,520
2018 $4,912 $125,310 $35,790 $89,520
2017 $4,912 $125,310 $35,790 $89,520
2016 $4,686 $125,310 $35,790 $89,520
2015 $4,686 $125,310 $35,790 $89,520
2014 $4,686 $125,310 $35,790 $89,520
Source: Public Records

Agents Affiliated with this Home

  • Charles Swope

    Seller's Agent in 2020

    Charles Swope

    Swope Lees Commercial Real Estate LLC

    (610) 717-1216

    1 in this area

    12 Total Sales

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Map

Source: Bright MLS

MLS Number: PACT512650

Bright MLS

APN: 11-004-0021.0000

Pennsylvania Chester County Downingtown 19335

315 E Lancaster Ave, Downingtown, PA

This home is located at 315 E Lancaster Ave, Downingtown, PA 19335 since 30 July 2020 and is currently estimated at $414,065, approximately $181 per square foot. This property was built in 1920. 315 E Lancaster Ave is a home located in Chester County with nearby schools including East Ward Elementary School, Lionville Middle School, and Downingtown High School East.

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