NOT LISTED FOR SALE

323 Cherry Ln Kennett Square, PA 19348

Estimated Value: $520,000 - $591,000

3 Beds
2.5 Baths
2,585 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $390,000 $151 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,336/month

Highlights

  • Open Floorplan
  • Deck
  • Loft
  • Kennett High School Rated A-
  • Traditional Architecture
  • Upgraded Countertops

About This Home

As of March 2021

Visit this home virtually: http://www.vht.com/434132983/IDXS - Welcome to 323 Cherry Ln in the sought-after Schoolhouse Lane townhome community. No worries about outside maintenance, the HOA takes care of that. Upon entering this end-unit townhouse, you will immediately notice the gleaming Teak hardwood floors (2013) as well as a spacious foyer with powder room and coat closet to your right and sitting room to your left. Off of the open dining room, large sliding glass doors will lead to the raised deck. The kitchen offers a large island, plenty of upper and lower cabinet space, with updated appliances (2014), back splash (2014) and soapstone countertops (2014). The living room boasts vaulted ceilings, an elegant gas fireplace with new glass enclosure (2019), and tall windows that allow plenty of natural light into the space. Access to an attached 2-car garage complete the 1st floor. Upstairs you will find 3 bedrooms, 2 bathrooms, and a laundry closet with new washer and dryer (2019) and newer hard woods (2013). The large master bedroom has not one, but two walk-in closets; plus master bathroom with double sink, soaking tub & separate shower creating an owners paradise! Third level offers a loft with double hung windows & walk-in closet. This home sits conveniently located to all area amenities and attractions and is just steps from Longwood Gardens and minutes from downtown Kennett Square. Offer was accepted sight-unseen by seller

Last Agent to Sell the Property

Victoria Dickinson

Patterson-Schwartz - Greenville License #R5-210113L Listed on: 02/01/2021

Patterson-Schwartz - Greenville

Co-Listed By

Allison Darling

Patterson-Schwartz - Greenville License #5006370

Last Buyer's Agent

Sarah Murray

Weichert, Realtors - Cornerstone License #RS314208

Weichert, Realtors - Cornerstone

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,776

Year Built

  • Built in 2003

Lot Details

  • 1,407

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,585 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Electric Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Laundry on upper level
  • Unfinished Basement

Kitchen

  • Built-In Microwave
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • 1,407 Sq Ft Lot

Community Details

  • $500 Capital Contribution Fee
  • Schoolhouse Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61-06 -0351

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,776

Year Built

Built in 2003

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Shelves in living room - holes will be repaired and painted, 2 surround sound speakers on living room wall - holes will be repaired and painted, TV in living room, rod that the periodic table is hanging from in living room - holes will be repaired and pai
  • Inclusions: Kitchen refrigerator, washer, dryer, elliptical, shelves in basement and garage, all window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: Visit this home virtually: http://www.vht.com/434132983/IDXS - Welcome to 323 Cherry Ln in the sought-after Schoolhouse Lane townhome community. No worries about outside maintenance, the HOA takes care of that. Upon entering this end-unit townhouse, you will immediately notice the gleaming Teak hardwood floors (2013) as well as a spacious foyer with powder room and coat closet to your right and sitting room to your left. Off of the open dining room, large sliding glass doors will lead to the raised deck. The kitchen offers a large island, plenty of upper and lower cabinet space, with updated appliances (2014), back splash (2014) and soapstone countertops (2014). The living room boasts vaulted ceilings, an elegant gas fireplace with new glass enclosure (2019), and tall windows that allow plenty of natural light into the space. Access to an attached 2-car garage complete the 1st floor. Upstairs you will find 3 bedrooms, 2 bathrooms, and a laundry closet with new washer and dryer (2019) and newer hard woods (2013). The large master bedroom has not one, but two walk-in closets; plus master bathroom with double sink, soaking tub & separate shower creating an owners paradise! Third level offers a loft with double hung windows & walk-in closet. This home sits conveniently located to all area amenities and attractions and is just steps from Longwood Gardens and minutes from downtown Kennett Square. Offer was accepted sight-unseen by seller
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Floor Plan - Open, Upgraded Countertops
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Loft
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2585
  • Living Area Sq Ft: 2585
  • Price Per Sq Ft: 147.00
  • Above Grade Finished Sq Ft: 2585
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 323

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: Brick, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • 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: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 280.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: 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
  • Land Lease: No
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1407.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R10

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2493376
  • Tax Annual Amount: 6776.00
  • Assessor Parcel Number: 61-06 -0351
  • Tax Year: 2020
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 29, 2021
Sold by
Arnold Bradbury S and Arnold Cynthia V
Bought by
Wilson Christopher D
Seller's Agent
Victoria Dickinson
Patterson-Schwartz - Greenville
Buyer's Agent
Sarah Murray
Weichert, Realtors - Cornerstone
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Current Estimated Value
$546,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,219
Avg. Annual Appreciation
6.95%
Original Mortgage
$312,000
Outstanding Balance
$284,316
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$241,308

Purchase Details

Closed on
Aug 19, 2016
Sold by
Arnold Bradbury S and Arnold Cynthia V
Bought by
Arnold Bradbury S and Arnold Cynthia V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
3.43%

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 19, 2013
Sold by
Gasiorowski Janik and Moore Brooke
Bought by
Arnold Bradbury S and Velasco Cynthia I
Seller's Agent
Carol Halsey
BHHS Fox & Roach-Kennett Sq
Buyer's Agent
Melodie Stahley
RE/MAX Independence
List Price
$318,500
Sold Price
$305,000
Premium/Discount to List
-$13,500
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$289,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Thorpe Richard J and Salotto Lorraine T
Bought by
Gasiorowski Janik and Moore Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Bentley At Schoolhouse Associates Lp
Bought by
Thorpe Richard J and Salotto Lorraine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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
Wilson Christopher D $390,000 Weichert Closing Services Co
Arnold Bradbury S -- Attorney
Arnold Bradbury S $305,000 Chesco Title Co
Gasiorowski Janik $315,000 None Available
Thorpe Richard J $264,180 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Christopher D $312,000
Previous Owner Arnold Bradbury S $40,000
Previous Owner Arnold Bradbury $255,200
Previous Owner Arnold Bradbury S $289,750
Previous Owner Moore Brooke $251,000
Previous Owner Gasiorowski Janik $252,000
Previous Owner Thorpe Richard J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $390,000 +2.6% $151 / Sq Ft
02/01/2021 02/01/21 For Sale $380,000 +24.6% $147 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
07/26/2013 07/26/13 Sold $305,000 -4.2% $117 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $318,500 -- $122 / 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 $1,236 $183,610 $60,150 $123,460
2024 $1,236 $183,610 $60,150 $123,460
2023 $1,236 $183,610 $60,150 $123,460
2022 $1,028 $183,610 $60,150 $123,460
2021 $1,236 $183,610 $60,150 $123,460
2020 $995 $183,610 $60,150 $123,460
2019 $7,573 $183,610 $60,150 $123,460
2018 $1,203 $183,610 $60,150 $123,460
2017 $1,203 $183,610 $60,150 $123,460
2016 $781 $183,610 $60,150 $123,460
2015 $781 $183,610 $60,150 $123,460
2014 $781 $183,610 $60,150 $123,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT527910

Bright MLS

APN: 61-006-0351.0000