397 Lancaster Ave Malvern, PA 19355
Estimated Value: $866,538
Studio
--
Bath
2,127
Sq Ft
$407/Sq Ft
Est. Value
About This Home
This home is located at 397 Lancaster Ave, Malvern, PA 19355 and is currently priced at $866,538, approximately $407 per square foot. 397 Lancaster Ave is a home located in Chester County with nearby schools including Kathryn D. Markley El School, Great Valley Middle School, and Great Valley High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 11, 2025
Sold by
Gerco Partners Co
Bought by
Sawyer Real Estate Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Outstanding Balance
$3,347,070
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2021
Sold by
Shs1 Llc
Bought by
Gerco Partners Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 2016
Sold by
Kennedy Joseph L and Kennedy Mary Katherine
Bought by
Shs1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 20, 2008
Sold by
Kennedy Joseph L and Kennedy Mary Katherine
Bought by
Kennedy Joseph L and Kennedy Mary Katherine
Purchase Details
Closed on
Jan 10, 2008
Sold by
Peters Mill Associates
Bought by
Kennedy Joseph L and Kennedy Mary Katherine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sawyer Real Estate Holdings Llc | $940,000 | Meridian Land Settlement Servi | |
| Sawyer Real Estate Holdings Llc | $940,000 | Meridian Land Settlement Servi | |
| Gerco Partners Co | $650,000 | Land Services Usa Inc | |
| Shs1 Llc | $518,000 | None Available | |
| Kennedy Joseph L | -- | None Available | |
| Kennedy Joseph L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sawyer Real Estate Holdings Llc | $3,350,000 | |
| Closed | Sawyer Real Estate Holdings Llc | $3,350,000 | |
| Previous Owner | Gerco Partners Co | $525,000 | |
| Previous Owner | Shs1 Llc | $418,000 |
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 | $4,168 | $147,980 | $114,770 | $33,210 |
| 2024 | $4,168 | $145,440 | $114,770 | $30,670 |
| 2023 | $4,060 | $145,440 | $114,770 | $30,670 |
| 2022 | $3,979 | $145,440 | $114,770 | $30,670 |
| 2021 | $3,899 | $145,440 | $114,770 | $30,670 |
| 2020 | $3,834 | $145,440 | $114,770 | $30,670 |
| 2019 | $3,797 | $145,440 | $114,770 | $30,670 |
| 2018 | $3,725 | $145,440 | $114,770 | $30,670 |
| 2017 | $3,725 | $145,440 | $114,770 | $30,670 |
| 2016 | $3,344 | $145,440 | $114,770 | $30,670 |
| 2015 | $3,344 | $145,440 | $114,770 | $30,670 |
| 2014 | $3,344 | $145,440 | $114,770 | $30,670 |
Source: Public Records
Map
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