NOT LISTED FOR SALE

315 N Union St Kennett Square, PA 19348

Estimated Value: $783,894 - $1,187,000

5 Beds
2.5 Baths
3,157 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $798,000 $253 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,035/month

8 Days on Market

Highlights

  • Barn
  • 1.1 Acre Lot
  • Traditional Architecture
  • Kennett High School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of July 2020

Exclusive opportunity to own a true heirloom of Kennett Square Borough's heritage. "Fairthorn", built circa 1790, has a rich history and has been lovingly maintained and meticulously updated by the current owners. Originally built by John Taylor (Bayard Taylor's Grandfather) and featured in Taylor's Novel, "The Story of Kennett", the home is truly one-of-a-kind and sure to impress. Fairthorn features all of the quality craftsmanship of 200+ year old homes with original hardwood floors, deep window sills, original hardware and built-ins and also highlights modern amenities such as completely remodeled Kitchen and Bathrooms! Enter the covered front porch to the Den/Foyer with access to the Professional Office. A formal Living Room opens to the Family Room each with cozy accent fireplaces. Formal Dining Room provides access to the rear patio as well as the new Waterbury Kitchen, featuring an executive Wolf Range, new cabinetry, soapstone counters, stainless appliances and tons of storage. Laundry/Mudroom is adjacent to the Kitchen for convenience. Upstairs the Master Retreat will impress with his-and-hers closets and a recently updated full Master Bath with dual vanity and glass and tile shower stall. 4 additional generous-sized bedrooms and a remodeled Center Hall bath complete this level. Step outside and take in the amazing park-like setting featuring multiple areas designed for entertainment and relaxation. The barn was built in the early 1900's and overlooks the pristine 1.1 acre setting with a side porch that was added around 2007. Established landscaping and accent lighting highlight all that this gem of a home has to offer. Short walk to downtown Kennett Square's shops and restaurants and close to all major routes, this "Treasure of Kennett Square" awaits!

Last Agent to Sell the Property

Rory Burkhart

(610) 470-6131 roryburkhart@gmail.com EXP Realty, LLC License #RS-0017589 Listed on: 05/18/2020

EXP Realty, LLC

Last Buyer's Agent

Kim Kierstead

(484) 888-5514 kkierstead@psre.com Patterson-Schwartz - Greenville License #RS-0025199

Patterson-Schwartz - Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,302

Year Built

  • Built in 1790

Lot Details

  • 1.1 Acre Lot
  • Southeast Facing Home
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Plaster Walls
  • Pitched Roof
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,157 Sq Ft Home
  • Property has 2.5 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Farming

  • Barn

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kennett Boro Subdivision

Listing and Financial Details

  • Tax Lot 0039
  • Assessor Parcel Number 03-02 -0039

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,302

Year Built

Built in 1790

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1790
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundry, Office
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3157
  • Living Area Sq Ft: 3157
  • Price Per Sq Ft: 261.32
  • Above Grade Finished Sq Ft: 3157
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Shed, Shed Shop
  • Construction Materials: Stone
  • Roof: Asphalt, Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Fiber Optics Available, Natural Gas Available, Phone, Sewer Available, Under Ground
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 159960.00
  • Land Assessed Value: 61150.00
  • Lot Size Acres: 1.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47916.00
  • Outdoor Living Structures: Patio(s), Porch(es), Deck(s)
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 225578
  • School Tax: 6843.00
  • Tax Annual Amount: 9302.00
  • Assessor Parcel Number: 03-02 -0039
  • Tax Lot: 0039
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 14, 2020
Sold by
Majarian William R and Majarian Lynn B
Bought by
Schmidt Karl E and Schmidt Sarah J
Seller's Agent
Rory Burkhart
EXP Realty, LLC
Buyer's Agent
Kim Kierstead
Patterson-Schwartz - Greenville
List Price
$825,000
Sold Price
$798,000
Premium/Discount to List
-$27,000
-3.27%
Current Estimated Value
$964,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,974
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Aug 29, 2008
Sold by
Willard Alvin K and Willard Carla
Bought by
Majarian William R and Majarian Lynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Nippert Richard C and Nippert Debra A
Bought by
Willard Alvin K and Willard Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
1.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Mclaughlin Thomas C and Mclaughlin Mary Patricia
Bought by
Nippert Richard C and Nippert Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,400
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmidt Karl E $798,000 Madison Setmnt Svcs Brandywi
Majarian William R $775,000 None Available
Willard Alvin K $470,000 --
Nippert Richard C $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majarian William R $417,000
Previous Owner Willard Alvin K $376,000
Previous Owner Nippert Richard C $292,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $798,000 -3.3% $253 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $825,000 -- $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
2025 $11,509 $236,190 $61,150 $175,040
2024 $11,509 $236,190 $61,150 $175,040
2023 $11,157 $236,190 $61,150 $175,040
2022 $10,129 $234,620 $61,150 $173,470
2021 $9,460 $221,110 $61,150 $159,960
2020 $9,302 $221,110 $61,150 $159,960
2019 $9,191 $221,110 $61,150 $159,960
2018 $8,977 $221,110 $61,150 $159,960
2017 $8,836 $221,110 $61,150 $159,960
2016 $877 $221,110 $61,150 $159,960
2015 $877 $221,110 $61,150 $159,960
2014 $877 $221,110 $61,150 $159,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT506068

Bright MLS

APN: 03-002-0039.0000