D
Seller's Agent in 2022
Daniel Kloiber
Times Real Estate, Inc.
(610) 212-6440
1 in this area
1 Total Sale
347 E Lancaster Ave Downingtown, PA 19335
Estimated Value: $403,000 - $431,000
Studio
2
Baths
1,900
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Upgraded Countertops
- East Ward Elementary School Rated A
- Victorian Architecture
- Double Pane Windows
About This Home
As of July 2022Welcome to 347 E Lancaster Ave, a turnkey 2 apt fully leased multifamily unit! Property is located in the heart of Downingtown within walking distance to most amenities and a short drive to others. First floor consists of a large bedroom/office space, a kitchen with granite countertops, bathroom, along with a large living/dining area with original hardwood floors. Basement storage and a washer/dryer hookup are included in the 1st floor apt. Unit 2 is on the 2nd &3rd floors. Access is via a foyer entry to a stairwell which leads upstairs to the kitchen. The kitchen features a brick accent wall along with granite countertops. Flow from the kitchen to the dining area and then to the comfortable living room. The 3rd floor has a bathroom, double vanity, and a washer/dryer(2019). There is also a large bedroom and a smaller room suitable for small children or office space. Extra storage is available in the exterior storage shed.
Last Agent to Sell the Property
(610) 873-8730 kustafik@yahoo.com Times Real Estate, Inc. Listed on: 06/13/2022
Last Buyer's Agent
(610) 873-8730 kustafik@yahoo.com Times Real Estate, Inc. Listed on: 06/13/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,901
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Downtown Location
- Historic Home
- Property is in very good condition
Home Design
- Duplex
- Victorian Architecture
- Converted Dwelling
- Brick Exterior Construction
- Stone Foundation
- Plaster Walls
- Pitched Roof
- Vinyl Siding
- Stucco
Interior Spaces
- Main Floor Bedroom
- Chair Railings
- Ceiling Fan
- Double Pane Windows
- Low Emissivity Windows
- Open Floorplan
- Dining Area
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven or Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Laminate
Laundry
- Electric Dryer
- Washer
Parking
- Paved Parking
- On-Street Parking
- Off-Street Parking
Schools
- E Ward Elementary School
- Lionville Middle School
- Downingtown High School East Campus
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Hot Water Heating System
- 150 Amp Service
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- The owner pays for common area maintenance, insurance, sewer, snow removal, real estate taxes, trash collection, advertising/licenses and permits, water
- Assessor Parcel Number 11-04 -0113
Community Details
Overview
- 2 Units
- 3-Story Building
- Downingtown Subdivision
Building Details
- Insurance Expense $879
- Trash Expense $758
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Jul 25, 2022
Sold by
Kloiber Daniel J
Bought by
Rentschler David and Rentschler Kathleen B
Seller's Agent
Daniel Kloiber
Times Real Estate, Inc.
Buyer's Agent
Daniel Kloiber
Times Real Estate, Inc.
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,252
Avg. Annual Appreciation
7.32%
Original Mortgage
$225,000
Outstanding Balance
$215,285
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$204,967
Purchase Details
Closed on
Feb 27, 2008
Sold by
Sardone Saveria C
Bought by
Kloiber Daniel J and Gregg Mary M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 18, 2007
Sold by
Sardone Joseph F and Sardone Deborah L
Bought by
Sardone Saveria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 18, 2001
Sold by
Fentner Pamela A
Bought by
Sardone Deborah L and Sardone Joseph F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.09%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rentschler David | $325,000 | -- | |
| Kloiber Daniel J | $205,000 | None Available | |
| Sardone Saveria C | $170,000 | Fidelity Natl Title Ins Co | |
| Sardone Deborah L | $116,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rentschler David | $225,000 | |
| Previous Owner | Kloiber Daniel J | $164,000 | |
| Previous Owner | Sardone Saveria C | $136,000 | |
| Previous Owner | Sardone Deborah L | $92,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2022 07/25/22 | Sold | $325,000 | -7.1% | $171 / Sq Ft |
| 06/17/2022 06/17/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $349,900 | 0.0% | $184 / Sq Ft |
| 02/10/2022 02/10/22 | Rented | $1,250 | 0.0% | -- |
| 02/07/2022 02/07/22 | Off Market | $1,250 | -- | -- |
| 02/03/2022 02/03/22 | For Rent | $1,250 | +8.7% | -- |
| 03/11/2021 03/11/21 | Rented | $1,150 | 0.0% | -- |
| 02/25/2021 02/25/21 | For Rent | $1,150 | -- | -- |
Source: Bright MLS
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 | $4,895 | $117,210 | $32,020 | $85,190 |
| 2024 | $4,895 | $117,210 | $32,020 | $85,190 |
| 2023 | $4,777 | $117,210 | $32,020 | $85,190 |
| 2022 | $4,680 | $117,210 | $32,020 | $85,190 |
| 2021 | $4,616 | $117,210 | $32,020 | $85,190 |
| 2020 | $4,595 | $117,210 | $32,020 | $85,190 |
| 2019 | $4,595 | $117,210 | $32,020 | $85,190 |
| 2018 | $4,595 | $117,210 | $32,020 | $85,190 |
| 2017 | $4,595 | $117,210 | $32,020 | $85,190 |
| 2016 | $4,383 | $117,210 | $32,020 | $85,190 |
| 2015 | $4,383 | $117,210 | $32,020 | $85,190 |
| 2014 | $4,383 | $117,210 | $32,020 | $85,190 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Kloiber
Map
Source: Bright MLS
MLS Number: PACT2025360
APN: 11-004-0113.0000
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