NOT LISTED FOR SALE

40 Madison Way Downingtown, PA 19335

Estimated Value: $513,000 - $529,504

3 Beds
2.5 Baths
2,208 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $412,000 $187 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,377/month

Highlights

  • Deck
  • Recreation Room
  • Cathedral Ceiling
  • East Ward Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of September 2023

Location combined with lifestyle in top rated schools! Make the Chase At Bell Tavern community your new home. Spacious 3 beds, 2.1 baths townhome located in a prime location. The FINISHED basement sq ft not included in public records - total estimated to be 2,908 sq ft. The private expanded deck gives you privacy and plenty of backyard space for entertaining. The whole house was freshly painted Sept 2021, and main level flooring was completely replaced Sept 2021. Walk in to the formal living and dining rooms and head straight to the 2 story family room. Sit by the fireplace and enjoy the conversations with the chef preparing dinner in the open concept kitchen. The upper level features a large master bedroom with a walk in closet, master bath with a soak in tub, double sinks and stall shower. Two additional good size bedrooms with plenty of closet space that share a full hall bath. Convenient upstairs laundry room. This neighborhood is centrally located - to shopping, movie theatre, tennis courts, walking trail, fabulous township playground, basketball court, picnic area with BBQ pits, pharmacy or play a round of golf at the country club all within walking distance! Award winning Downingtown East schools and the access to the STEM Academy. Great location with easy access to Rt. 30, Rt. 202 Rt. 100, Rt. and Rt. 113 for a convenient office commutes. Lease Start date August 27, 2023. Rent includes HOA fee. Long term tenant preferred, minimum 12 mo. lease. No short term leases. Tenant must have good credit. No pets please. Tenant to carry renters' insurance. Will need PAR application and 2 recent pay stubs. Once received - NTN link will be sent for credit/background check. Call for your private showing today!

Last Agent to Rent the Property

Bela Vora

Coldwell Banker Realty License #RS313849 Listed on: 07/07/2023

Coldwell Banker Realty

Last Renter's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,716

Year Built

  • Built in 2004

Lot Details

  • 2,936 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,208 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Gas Fireplace
  • Family Room
  • Sitting Room
  • Breakfast Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck

Schools

  • East Ward Elementary School
  • Downingtown High School East Campus

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,900
  • Tenant pays for cable TV, cooking fuel, electricity, gas, heat, hot water, insurance, light bulbs/filters/fuses/alarm care, pest control, sewer, all utilities, water
  • The owner pays for association fees, common area maintenance, lawn/shrub care, management, real estate taxes
  • Rent includes common area maintenance, hoa/condo fee, lawn service
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/27/23
  • $50 Application Fee
  • Assessor Parcel Number 40-02 -1242

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance
  • Built by DAVID CUTLER
  • Chase At Bell Tave Subdivision, Durham Floorplan

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,716

Year Built

Built in 2004

Lot Details

0

HOA Fees

$68 per month

Parking

1

Rental Info

  • Date Available: 2023-08-27
  • Application Fee: 50.00
  • Owner Pays: Association Fees, Common Area Maintenance, Lawn/Shrub Care, Management, Taxes - Real Estate
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance, Hoa/Condo Fee, Lawn Service
  • Security Deposit: 2900.00
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Gas, Heat, Hot Water, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Pest Control, Sewer, Utilities - All, Water
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Ceiling Fan(s), Sprinkler System, Stall Shower, Dining Area
  • Fireplace Features: Marble, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 7
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Breakfast Room, Laundry, Recreation Room, Bathroom 2, Bonus Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2208
  • Living Area Sq Ft: 2208
  • Price Per Sq Ft: 1.27
  • Above Grade Finished Sq Ft: 2208
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

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
  • Construction Materials: Vinyl Siding, Stone, Stucco
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 68.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: EAST WARD
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • Elementary School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: EAST WARD
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2936.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: DAVID CUTLER

Tax Info

  • Assessor Parcel Number: 40-02 -1242
  • Close Date: 09/13/2023

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Sep 10, 2021
Sold by
Desai Amit and Shah Meghna
Bought by
Maturi Jagadish and Maturi Meghana
Seller's Agent
Bela Vora
Coldwell Banker Realty
Buyer's Agent
Steven Christie
KW Greater West Chester
Sold Price
$2,900
Current Estimated Value
$519,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,976
Avg. Annual Appreciation
6.03%
Original Mortgage
$329,600
Outstanding Balance
$300,564
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$219,312

Purchase Details

Closed on
Nov 29, 2011
Sold by
Strassman Eric and Strassman Michelle
Bought by
Desaie Amit and Shah Meghna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
The Cutler Group Inc
Bought by
Strassman Eric and Strassman Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,072
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Maturi Jagadish $412,000 Title Services
Desaie Amit $271,000 None Available
Strassman Eric $297,591 Cltic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maturi Jagadish $329,600
Previous Owner Desai Amit $200,000
Previous Owner Shah Meghna $214,000
Previous Owner Desaie Amit $216,800
Previous Owner Strassman Eric $238,072
Previous Owner Strassman Eric $59,519
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Rented $2,800 0.0% --
09/11/2023 09/11/23 Off Market $2,800 -- --
08/28/2023 08/28/23 Price Changed $2,800 -3.4% $1 / Sq Ft
07/07/2023 07/07/23 For Rent $2,900 0.0% --
06/02/2022 06/02/22 Rented $2,900 0.0% --
05/06/2022 05/06/22 Under Contract -- -- --
05/03/2022 05/03/22 Off Market $2,900 -- --
03/30/2022 03/30/22 For Rent $2,900 0.0% --
10/01/2021 10/01/21 Rented $2,900 0.0% --
09/29/2021 09/29/21 Under Contract -- -- --
09/23/2021 09/23/21 For Rent $2,900 0.0% --
09/10/2021 09/10/21 Sold $412,000 +3.9% $142 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $396,500 -- $136 / 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 $5,716 $161,670 $25,480 $136,190
2024 $5,716 $161,670 $25,480 $136,190
2023 $5,555 $161,670 $25,480 $136,190
2022 $5,420 $161,670 $25,480 $136,190
2021 $5,332 $161,670 $25,480 $136,190
2020 $5,303 $161,670 $25,480 $136,190
2019 $5,303 $161,670 $25,480 $136,190
2018 $5,303 $161,670 $25,480 $136,190
2017 $5,303 $161,670 $25,480 $136,190
2016 $4,758 $161,670 $25,480 $136,190
2015 $4,758 $161,670 $25,480 $136,190
2014 $4,758 $161,670 $25,480 $136,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2048286

Bright MLS

APN: 40-002-1242.0000