NOT LISTED FOR SALE

401 Rustmont Dr Unit 401 Malvern, PA 19355

Estimated Value: $485,000 - $523,453

3 Beds
2.5 Baths
1,920 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $314,000 $164 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,339/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Living Room
  • General Wayne Elementary School Rated A-
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of September 2015

This is the home you have been waiting for in Rustmont, Willistown Township, Malvern and the award winning Great Valley School District. This 3 bedroom, 2-1/2 bath, meticulously maintained, beautiful END UNIT has a brand new gourmet kitchen with maple cabinets, under cabinet lighting, stainless steel appliances, glass backsplash and stunning granite countertops. Additional features include updated systems and lighting, foyer with beautiful hardwood floors flowing into the sitting room with large window, breakfast room and first floor powder room; dining room with sliders to a private spacious deck; large living room with fireplace, full master suite with walk-in closet, two additional closets, tiled master bath with shower; two other good sized bedrooms, linen closet, full tiled bath with tub and a laundry room. You will enjoy the walk out lower level for exercise, game room and plenty of storage. Rustmont is conveniently located to Paoli and Malvern train stations, major roads, Downtown Malvern, East Goshen Park, Wegmans, Target, schools, shopping, restaurants and a quick ride to the airport. You will love to call this home!

Last Agent to Sell the Property

Elizabeth Rafferty

(610) 808-9188 bethrafferty4@gmail.com Engel & Völkers License #RS276901 Listed on: 07/29/2015

Engel & Völkers

Last Buyer's Agent

Elizabeth Newcomb

(610) 620-4457 elizabethmnewcomb@gmail.com RE/MAX Main Line-Paoli

RE/MAX Main Line-Paoli

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1985

Lot Details

  • 1,920 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Laundry on upper level

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck

Schools

  • General Wayne Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • $876 Other One-Time Fees
  • Rustmont Subdivision

Listing and Financial Details

  • Tax Lot 0256
  • Assessor Parcel Number 54-03B-0256

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,978

Year Built

Built in 1985

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Dining Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Net Sq Ft: 1920.00
  • Price Per Sq Ft: 163.54
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 295.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Other Fees: 876.00
  • Other Fees Frequency: One Time

Schools

  • Elementary School: GENERAL WAYNE
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: .04 ACRE
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1920.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3978.00
  • Assessor Parcel Number: 54-03B-0256
  • Tax Lot: 0256
  • Tax Year: 2015

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Sep 25, 2015
Sold by
Ferguson Matthew B
Bought by
Lobiondo James
Seller's Agent
Elizabeth Rafferty
Engel & Völkers
Buyer's Agent
Elizabeth Newcomb
RE/MAX Main Line-Paoli
List Price
$314,000
Sold Price
$314,000
Current Estimated Value
$507,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,613
Avg. Annual Appreciation
4.82%
Original Mortgage
$308,312
Outstanding Balance
$244,535
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$263,078

Purchase Details

Closed on
Dec 7, 2010
Sold by
Copleman Paul N and Hall Andrea M
Bought by
Ferguson Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,282
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2006
Sold by
Bahnsen Howard P and Bahnsen Kimberly B
Bought by
Copleman Paul N and Hall Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,350
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 20, 2002
Sold by
Musser Warren V
Bought by
Bahnsen Howard P and Bahnsen Kimberly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.01%
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
Lobiondo James $314,000 Fidelity Natl Title Ins Co
Ferguson Matthew B $265,000 First American Title Ins Co
Copleman Paul N $322,950 None Available
Bahnsen Howard P $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobiondo James $308,312
Previous Owner Ferguson Matthew B $258,282
Previous Owner Copleman Paul N $258,350
Previous Owner Bahnsen Howard P $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $314,000 0.0% $164 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $314,000 -- $164 / 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 $4,577 $160,650 $30,180 $130,470
2024 $4,577 $160,650 $30,180 $130,470
2023 $4,458 $160,650 $30,180 $130,470
2022 $4,368 $160,650 $30,180 $130,470
2021 $4,280 $160,650 $30,180 $130,470
2020 $4,209 $160,650 $30,180 $130,470
2019 $4,168 $160,650 $30,180 $130,470
2018 $4,088 $160,650 $30,180 $130,470
2017 $4,088 $160,650 $30,180 $130,470
2016 $3,694 $160,650 $30,180 $130,470
2015 $3,694 $160,650 $30,180 $130,470
2014 $3,694 $160,650 $30,180 $130,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003570717

Bright MLS

APN: 54-03B-0256.0000