NOT LISTED FOR SALE

Estimated Value: $806,209 - $933,000

4 Beds
2.5 Baths
3,585 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $606,500 $169 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,359/month

3 Days on Market

Highlights

  • Gourmet Kitchen
  • Panoramic View
  • Colonial Architecture
  • East Ward Elementary School Rated A
  • Curved or Spiral Staircase
  • Backs to Trees or Woods

About This Home

As of April 2021

Peace, quiet, and scenic views await the lucky buyer of this impeccably maintained, better than new home. This superb property is one of 28 newer executive homes on a cul-de-sac in the private enclave of Glenn Ridge. Located within the award-winning Downingtown Area School District, 348 Sterling Lane is minutes from the Route 30 bypass and the turnpike, the Downingtown Borough, great shopping and medical services, and such outdoor hot spots as the Struble Trail and Marsh Creek Park. The home’s understated elegance makes a fabulous first impression, and the tasteful interior does not disappoint. Enter through the dramatic, two-story foyer, which opens onto the spacious formal living room, featuring neutral tones and beautiful crown molding. Continue through French doors to the quiet study and then on to the formal dining room, with plenty of space for family and friends to gather. The dining room is appointed with a chair rail, crown molding, and a large Palladian style window drawing in loads of light. The highlight of the main floor may be the stunning gourmet kitchen, featuring cream-painted glazed cabinets and unique chocolate Corian countertops, a double wall oven, upgraded stainless steel appliances, a walk-in pantry, and a large island with a professional Wolf gas cooktop. The spacious open kitchen with hardwood flooring also features a very generous breakfast area, where you can enjoy your morning coffee while looking out onto a lovely patio area. The kitchen opens up into a truly great room with an impressive marble fireplace, vaulted ceiling, and second, rear staircase. Rounding out the main floor is an elegant powder room and a laundry/mudroom with convenient access to both the garage and a secondary front porch. Upstairs, the expansive owner’s suite offers a true retreat, highlighted by a tray ceiling with recessed lighting, dual walk-in closets, and a sitting room separated from the bedroom by French doors. The private spa-like en suite master bath includes a large corner tub, a tiled shower with a frameless glass enclosure, double vanities, and a separate water closet. Beyond the primary bedroom suite are three additional bedrooms and a full hall bathroom. If all of this space isn’t enough, this luxury home also includes a massive full basement ready for your finishes. This level features nine-foot ceilings and BILCO door access. It is also pre-plumbed for an additional bathroom. This energy-smart home includes a two-unit HVAC system, a Generac whole-house back-up generator, beautiful landscaping, and a three-car garage. If you are searching for attainable luxury, this home is not to be missed.

Last Agent to Sell the Property

Reenie Solon

(484) 252-3901 reenie.solon@cbpref.com Coldwell Banker Realty Listed on: 02/12/2021

Coldwell Banker Realty

Last Buyer's Agent

Kenneth Wall

(610) 637-0388 ken@kenwallgroup.com BHHS Fox & Roach-West Chester License #AB066472

BHHS Fox & Roach-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,670

Year Built

  • Built in 2005

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • No Through Street
  • Sloped Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R1

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Asphalt Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,585 Sq Ft Home
  • Property has 2 Levels
  • Curved or Spiral Staircase
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Gas Fireplace
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Basement Windows

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Suburban Location

Listing and Financial Details

  • Tax Lot 0027.0700
  • Assessor Parcel Number 40-01 -0027.0700

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, snow removal
  • Glenn Ridge Community Assn Inc. HOA
  • Glenn Ridge Subdivision
  • Property Manager

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,670

Year Built

Built in 2005

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: washer, dryer, refrigerator (snow blower is negotiable)
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-12
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Cooktop
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Additional Stairway, Breakfast Area, Carpet, Chair Railings, Crown Moldings, Curved Staircase, Formal/Separate Dining Room, Kitchen - Gourmet, Pantry, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Store/Office
  • Window Features: Double Hung, Energy Efficient, Low-E
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Rough Bath Plumb, Walkout Stairs, Windows
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 3585
  • Living Area Sq Ft: 3585
  • Price Per Sq Ft: 157.32
  • Above Grade Finished Sq Ft: 3585
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Construction Materials: Stucco, Stone
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt, Pitched
  • Spa: No
  • View: Panoramic, Scenic Vista, 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned, Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 800.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA Name: GLENN RIDGE COMMUNITY ASSN INC.
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • 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

  • Horses: No
  • Improvement Assessed Value: 205560.00
  • Land Assessed Value: 58760.00
  • Lot Features: Backs To Trees, Landscaping, No Thru Street, Sloping
  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19974.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2488760
  • School Tax: 7185.00
  • Tax Annual Amount: 8670.00
  • Assessor Parcel Number: 40-01 -0027.0700
  • Tax Lot: 0027.0700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 13, 2021
Sold by
Poponyak Raymond W and Satz Barbara E
Bought by
Bachofer Bruce T
Seller's Agent
Reenie Solon
Coldwell Banker Realty
Buyer's Agent
Kenneth Wall
BHHS Fox & Roach-West Chester
List Price
$564,000
Sold Price
$606,500
Premium/Discount to List
$42,500
7.54%
Current Estimated Value
$855,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,302
Avg. Annual Appreciation
7.72%
Original Mortgage
$485,200
Outstanding Balance
$438,776
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$417,026

Purchase Details

Closed on
Jul 5, 2005
Sold by
Southdown Homes Lp
Bought by
Poponyak Raymond W and Satz Barbara E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bachofer Bruce T $606,500 Heritage Land Transfer Co In
Poponyak Raymond W $526,285 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachofer Bruce T $485,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $606,500 +7.5% $169 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $564,000 -- $157 / 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 $9,637 $272,550 $58,760 $213,790
2024 $9,637 $272,550 $58,760 $213,790
2023 $9,365 $272,550 $58,760 $213,790
2022 $9,138 $272,550 $58,760 $213,790
2021 $8,718 $264,320 $58,760 $205,560
2020 $8,670 $264,320 $58,760 $205,560
2019 $8,670 $264,320 $58,760 $205,560
2018 $8,670 $264,320 $58,760 $205,560
2017 $8,670 $264,320 $58,760 $205,560
2016 $9,725 $264,320 $58,760 $205,560
2015 $9,725 $264,320 $58,760 $205,560
2014 $9,725 $264,320 $58,760 $205,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT525008

Bright MLS

APN: 40-001-0027.0700