Seller's Agent in 2025
Michael Wilson
BHHS Fox & Roach
(302) 521-6307
8 in this area
262 Total Sales
401 W Locust Ln Kennett Square, PA 19348
6
Beds
4.5
Baths
4,353
Sq Ft
6.9
Acres
Highlights
- 6.9 Acre Lot
- Traditional Architecture
- No HOA
- Hillendale Elementary School Rated A
- 5 Fireplaces
- Living Room
About This Home
As of July 2025Discover timeless elegance at 401 West Locust Lane in Kennett Square, PA—a distinguished manor home originally built in 1822 and thoughtfully expanded over the centuries. Set on 6.9 lush acres, this 4,353 sq ft residence seamlessly blends historic charm with modern amenities.
The main house features five spacious bedrooms and four and a half bathrooms, adorned with wide-plank hardwood floors, exposed beams, and five fireplaces with original mantels. The gourmet kitchen boasts a Viking 6+ burner stove with griddle and dual ovens, a second gas cook top, dual sinks, and extensive soapstone countertops. Recent enhancements include a mudroom, pantry, and a screened porch off the primary suite, offering serene garden views.
A detached 3-car garage includes a charming one-bedroom, one-bathroom apartment—ideal for guests or extended family. The property also features stone terraces, mature gardens, and fenced areas perfect for recreation or pets. Modern upgrades encompass central air conditioning, radiant heat in brick floors, updated plumbing and electrical systems, and a generator. Public water and sewer services have been added for convenience.
Located within the esteemed Unionville-Chadds Ford School District, this estate offers proximity to downtown Kennett Square’s vibrant dining and shopping scene, the Kennett Square Country Club, and major routes to Wilmington and Philadelphia. Experience the perfect harmony of historic character and contemporary living in this exceptional property.
Last Agent to Sell the Property
(302) 521-6307 wilsonsale@aol.com BHHS Fox & Roach-Greenville License #RA-0003110 Listed on: 04/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,363
Year Built
- Built in 1822
Lot Details
- 6.9 Acre Lot
- Property is zoned R10-RES-FAM
Home Design
- Traditional Architecture
- Stone Foundation
- Stucco
Interior Spaces
- 4,353 Sq Ft Home
- Property has 2 Levels
- 5 Fireplaces
- Family Room
- Living Room
- Dining Room
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Central Air
- Hot Water Heating System
- Electric Water Heater
Community Details
- No Home Owners Association
- Cedarcroft Subdivision
Listing and Financial Details
- Tax Lot 0062.1100
- Assessor Parcel Number 61-05 -0062.1100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Jul 9, 2025
Sold by
Reese Barbara Seymour and Reese Barbara S
Bought by
Paulson Harold and Paulson Rosemary
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Peter Stefanatos
Compass RE
List Price
$1,499,900
Sold Price
$1,300,000
Premium/Discount to List
-$199,900
-13.33%
Views
169
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.16%
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$921,526
Purchase Details
Listed on
Aug 7, 2020
Closed on
Jun 25, 2021
Sold by
Lapides Ann
Bought by
Reese Barbara S
Seller's Agent
Lucinda Orr
BHHS Fox & Roach-Unionville
Buyer's Agent
Debra Sparre
RE/MAX Town & Country
List Price
$1,429,000
Sold Price
$1,400,000
Premium/Discount to List
-$29,000
-2.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%
Purchase Details
Closed on
Aug 23, 1996
Sold by
Maier John N and Maier Ann H
Bought by
Kane David P and Hoxter Daniel G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.18%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,300,000 | Gps Abstract | |
| Deed | $1,400,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Previous Owner | $285,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Sold | $1,300,000 | -10.3% | $299 / Sq Ft |
| 06/07/2025 06/07/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | Price Changed | $1,450,000 | -3.3% | $333 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $1,499,900 | +7.1% | $345 / Sq Ft |
| 07/30/2021 07/30/21 | Sold | $1,400,000 | -2.0% | $322 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $1,429,000 | -- | $328 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,531 | $375,840 | $103,160 | $272,680 |
| 2024 | $2,531 | $375,840 | $103,160 | $272,680 |
| 2023 | $2,531 | $375,840 | $103,160 | $272,680 |
| 2022 | $2,105 | $375,840 | $103,160 | $272,680 |
| 2021 | $2,531 | $375,840 | $103,160 | $272,680 |
| 2020 | $2,049 | $378,050 | $103,160 | $274,890 |
| 2019 | $2,477 | $378,050 | $103,160 | $274,890 |
| 2018 | $2,477 | $378,050 | $103,160 | $274,890 |
| 2017 | $2,477 | $378,050 | $103,160 | $274,890 |
| 2016 | $1,499 | $378,050 | $103,160 | $274,890 |
| 2015 | $1,499 | $378,050 | $103,160 | $274,890 |
| 2014 | $1,499 | $378,050 | $103,160 | $274,890 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Wilson
-
Peter Stefanatos
P
Buyer's Agent in 2025
Peter Stefanatos
Compass RE
(610) 781-7003
1 in this area
5 Total Sales
-
Lucinda Orr
Seller's Agent in 2021
Lucinda Orr
BHHS Fox & Roach
(610) 864-3096
5 in this area
11 Total Sales
-
Debra Sparre
Buyer's Agent in 2021
Debra Sparre
RE/MAX
(484) 356-8366
4 in this area
48 Total Sales
Map
Source: Bright MLS
MLS Number: PACT2094704
APN: 61-005-0062.1100
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