NOT LISTED FOR SALE

Estimated Value: $852,000 - $958,962

5 Beds
3.5 Baths
5,314 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $550,000 $104 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,731/month

135 Days on Market

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • East Ward Elementary School Rated A
  • Dual Staircase
  • Deck

About This Home

As of August 2020

New Trex decking and Railing as well as a new Hot Water Heater just installed! Welcome home to Glenn Ridge, a small and neighborly community of 28 executive homes in Downingtown, PA. Minutes to the 30 bypass for easy commuting, very close to all that Downingtown has to offer including craft beer, restaurants, shopping, transportation. Close to great biking/running/hiking/fishing on the Struble Trail. Easy access to Exton, West Chester and other great Chester County hot spots, and don't forget about the award-winning Downingtown East Schools and STEM Academy. This large home boasts 5 total bedrooms (one in the walkout daylight lower level), 3 full and one-half bath. Enter the first floor through the formal front entrance into the grand two-story foyer. To your right is a spacious, open living room with molding and chair rail. Continue on to find the large first-floor corner office, with plenty of room for the stay at home professional, a huge homework area, whatever your family's particular needs are. Adjacent to this is the dining room, with space for a very large table and service pieces. The first floor is completed by a huge open concept kitchen and great room, powder room, walk-in pantry, spacious laundry/mudroom with its own second entrance from a small porch to the front of the home, and the three-car garage. The kitchen boasts upgraded cabinetry, Corian countertops, tiled backsplash, double wall ovens, a large center island, and sliders to the rear deck which backs to a beautiful private view of the heavily wooded area that surrounds this portion of Glenn Ridge. The great room with its wall of windows, fireplace and vaulted ceiling also includes a rear staircase. The entire first level boasts hardwood flooring, with the exception of the office and great room. Upstairs you will find a wonderful master suite with large sitting area, two walk-in closets, spacious master bath with corner tub, double vanities and separate water closet. Three additional bedrooms and a full hall bath round out the upper level. The finished, walkout lower level is what separates this home from others in the price range. Find a dedicated TV/movie space, a large seating bar, and a huge game table area (pool table and game table negotiable). Down the hall are the 5th bedroom and 3rd full bath, complete with tiled shower and flooring. If all this weren't enough, there is also a wine cellar/storage room, climate-controlled with racking, beautiful houndstooth brick flooring, and plenty of space to store or grow your collection in perfect conditions. There is also abundant storage on the lower level including a separate cedar closet. This home also includes a full house generator and dedicated circuits for the generator. If a large home in the Downingtown East area is what you've been waiting for, come and see all that Glenn Ridge and 337 Sterling Lane have to offer!

Last Agent to Sell the Property

Andy Bell

(610) 574-6170 abell@kw.com KW Greater West Chester License #RS337172 Listed on: 02/06/2020

KW Greater West Chester

Last Buyer's Agent

Mark Shanaman

(484) 256-7956 mshanaman@goberkscounty.com RE/MAX Of Reading License #RS182255L

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,007

Year Built

  • Built in 2004

Lot Details

  • 0.41 Acre Lot
  • Property is zoned R1

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Palladian Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Views of Woods
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Schools

  • East Ward Elementary School
  • Lionville Middle School
  • Downingtown High School East Campus

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • $500 Capital Contribution Fee
  • Glenn Ridge Subdivision

Listing and Financial Details

  • Tax Lot 0027.1600
  • Assessor Parcel Number 40-01 -0027.1600

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,007

Year Built

Built in 2004

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-02-06
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Double, Oven - Wall, Oven/Range - Gas
  • Interior Amenities: Wood Floors, Cedar Closet(s), Additional Stairway, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wine Storage
  • Window Features: Palladian
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Recreation Room, Media Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 5314
  • Living Area Sq Ft: 5314
  • Price Per Sq Ft: 135.33
  • Above Grade Finished Sq Ft: 4064
  • Below Grade Finished Sq Ft: 1250
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 745.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EAST WARD
  • High School: DOWNINGTOWN HS EAST CAMPUS
  • Middle Or Junior School: LIONVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 247090.00
  • Land Assessed Value: 57990.00
  • Lot Size Acres: 0.41
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2488769
  • School Tax: 8293.00
  • Tax Annual Amount: 10007.00
  • Assessor Parcel Number: 40-01 -0027.1600
  • Tax Lot: 0027.1600
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jul 23, 2020
Sold by
Neubaum Robert and Neubaum Carla
Bought by
Peters Jesse M and Peters Sarah E
Seller's Agent
Andy Bell
KW Greater West Chester
Buyer's Agent
Mark Shanaman
RE/MAX Of Reading
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$909,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,491
Avg. Annual Appreciation
9.88%
Original Mortgage
$510,400
Outstanding Balance
$451,741
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$457,750

Purchase Details

Listed on
Feb 14, 2015
Closed on
Aug 14, 2015
Sold by
Lancaster Cindy M
Bought by
Neubaum Robert and Neubaum Carla
Seller's Agent
Mary Ciliberto
BHHS Fox & Roach-Exton
Buyer's Agent
Kacie Heathcote
Coldwell Banker Realty
List Price
$581,000
Sold Price
$550,000
Premium/Discount to List
-$31,000
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$417,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Peters Jesse M $550,000 Signature Abstract
Neubaum Robert $550,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Jesse M $510,400
Previous Owner Neubaum Robert $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $550,000 0.0% $104 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $550,000 -4.2% $104 / Sq Ft
06/11/2020 06/11/20 Price Changed $574,000 -0.2% $108 / Sq Ft
06/02/2020 06/02/20 Price Changed $575,000 -1.7% $108 / Sq Ft
05/26/2020 05/26/20 Price Changed $585,000 -0.5% $110 / Sq Ft
03/03/2020 03/03/20 Price Changed $588,000 -1.2% $111 / Sq Ft
02/06/2020 02/06/20 For Sale $595,000 +8.2% $112 / Sq Ft
08/14/2015 08/14/15 Sold $550,000 -1.8% $135 / Sq Ft View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
05/13/2015 05/13/15 Price Changed $560,000 -3.3% $138 / Sq Ft
04/22/2015 04/22/15 Price Changed $579,000 -0.3% $142 / Sq Ft
02/14/2015 02/14/15 For Sale $581,000 -- $143 / 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 $10,787 $305,080 $57,990 $247,090
2024 $10,787 $305,080 $57,990 $247,090
2023 $10,482 $305,080 $57,990 $247,090
2022 $10,228 $305,080 $57,990 $247,090
2021 $10,062 $305,080 $57,990 $247,090
2020 $10,007 $305,080 $57,990 $247,090
2019 $10,007 $305,080 $57,990 $247,090
2018 $9,086 $277,000 $57,990 $219,010
2017 $9,086 $277,000 $57,990 $219,010
2016 $8,298 $277,000 $57,990 $219,010
2015 $8,298 $277,000 $57,990 $219,010
2014 $8,298 $277,000 $57,990 $219,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT497904

Bright MLS

APN: 40-001-0027.1600