$350,000
SOLD MAY 27, 2025

402 Banyon Ln Downingtown, PA 19335

3 Beds
2 Baths
1,160 Sq Ft
9,780 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

35 Days on Market

Highlights

  • Rambler Architecture
  • 2 Car Direct Access Garage
  • Heat Pump System
  • Brandywine-Wallace El School Rated A
  • Central Air

About This Home

As of May 2025

Welcome home to this charming ranch style home located in the sought after Timberlake community! The home features convenient and comfortable one story living! Entering the home you will find a spacious foyer opening into the living room. The open floor plan offers plenty of space for relaxing and entertaining. The living room features a brick fireplace, stylish flooring, and plenty of natural light! The dining area is open to the living room so you can enjoy conversations and gatherings with friends and family. The kitchen provides updated cabinets with ample storage. The Corian countertops offer plenty of work space for preparing your meals and treats! There is a pantry for additional storage as well. The beautiful composite deck is off the kitchen which is great for relaxing with a coffee or a nice barbecue! The hall bathroom features updated countertops, cabinets, tile flooring and wainscoting. The main bedroom features an en-suite bathroom with a replaced vanity, shower, and tile flooring. There are two additional bedrooms. This awesome home is located on a quiet cul-de-sac street in a lovely neighborhood! Conveniently located near parks, shopping, restaurants, schools, and transportation. This one is truly a must see!

Last Agent to Sell the Property

David Fleig

BHHS Fox & Roach -Yardley/Newtown Listed on: 03/20/2025

BHHS Fox & Roach -Yardley/Newtown

Last Buyer's Agent

Deborah Hyatt

Hyatt Realty License #RM419152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1988

Lot Details

  • 9,780 Sq Ft Lot
  • Property is zoned R3

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Brick Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $1,250 Capital Contribution Fee
  • Association fees include lawn maintenance
  • Timberlake Subdivision

Listing and Financial Details

  • Tax Lot 0002
  • Assessor Parcel Number 30-02P-0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,477

Year Built

Built in 1988

Lot Details

0

HOA Fees

$126 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Fire Wood, Shed in "as is" condition
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this charming ranch style home located in the sought after Timberlake community! The home features convenient and comfortable one story living! Entering the home you will find a spacious foyer opening into the living room. The open floor plan offers plenty of space for relaxing and entertaining. The living room features a brick fireplace, stylish flooring, and plenty of natural light! The dining area is open to the living room so you can enjoy conversations and gatherings with friends and family. The kitchen provides updated cabinets with ample storage. The Corian countertops offer plenty of work space for preparing your meals and treats! There is a pantry for additional storage as well. The beautiful composite deck is off the kitchen which is great for relaxing with a coffee or a nice barbecue! The hall bathroom features updated countertops, cabinets, tile flooring and wainscoting. The main bedroom features an en-suite bathroom with a replaced vanity, shower, and tile flooring. There are two additional bedrooms. This awesome home is located on a quiet cul-de-sac street in a lovely neighborhood! Conveniently located near parks, shopping, restaurants, schools, and transportation. This one is truly a must see!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 301.64
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 126.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1250.00

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R10
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9780.00
  • Year Assessed: 2024
  • Zoning: R3

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 3591.00
  • Tax Annual Amount: 4477.00
  • Assessor Parcel Number: 30-02P-0002
  • Tax Lot: 0002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/27/2025

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 21, 2025
Sold by
Handzlik Zachary Joseph and Handzlik Brandi Morgante
Bought by
Zhang Huixi Violet
Seller's Agent
David Fleig
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
Deborah Hyatt
Hyatt Realty
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.27%

Purchase Details

Closed on
Jul 11, 2024
Sold by
B K Campbell Inc
Bought by
Derasmo Joseph M and Derasmo Rebecca N

Purchase Details

Closed on
Jul 19, 2023
Sold by
Wyncite Golf Development Llc
Bought by
B K Campbell Enterprises Inc

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 23, 2020
Sold by
Snow Ann Joralemon
Bought by
Handzlik Zachary Joseph and Handzlik Brandi Morgante
Seller's Agent
Andrew Addy
Keller Williams Real Estate -Exton
Buyer's Agent
David Fleig
BHHS Fox & Roach -Yardley/Newtown
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$212,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2015
Closed on
Jan 22, 2016
Sold by
Pealer Robert
Bought by
Snow Ann Joralemon
Seller's Agent
Debbie Hepler
Keller Williams Real Estate -Exton
Buyer's Agent
Andrew Addy
Keller Williams Real Estate -Exton
List Price
$254,900
Sold Price
$242,900
Premium/Discount to List
-$12,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$230,755
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2001
Sold by
Pealer Robert and Pealer Denise L
Bought by
Pealer Robert

Purchase Details

Closed on
Sep 15, 1998
Sold by
Fasel Frances H
Bought by
Pealer Robert and Pealer Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,538
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 None Listed On Document
Deed $350,000 None Listed On Document
Deed $483,100 None Listed On Document
Deed -- None Listed On Document
Deed $265,000 None Available
Deed $242,900 None Available
Interfamily Deed Transfer -- --
Deed $115,000 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $212,000 New Conventional
Previous Owner $230,755 New Conventional
Previous Owner $111,538 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $350,000 0.0% $302 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $349,900 0.0% $302 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $349,900 +32.0% $302 / Sq Ft
03/26/2020 03/26/20 Sold $265,000 +1.9% $228 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $260,000 +7.0% $224 / Sq Ft
01/22/2016 01/22/16 Sold $242,900 0.0% $209 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
11/13/2015 11/13/15 Price Changed $242,900 -2.0% $209 / Sq Ft
10/19/2015 10/19/15 Price Changed $247,900 -2.7% $214 / Sq Ft
09/23/2015 09/23/15 For Sale $254,900 -- $220 / 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
2024 $4,343 $116,930 $59,530 $57,400
2023 $4,226 $116,930 $59,530 $57,400
2022 $4,066 $116,930 $59,530 $57,400
2021 $4,052 $116,930 $59,530 $57,400
2020 $4,031 $116,930 $59,530 $57,400
2019 $4,024 $116,930 $59,530 $57,400
2018 $4,024 $116,930 $59,530 $57,400
2017 $3,982 $116,930 $59,530 $57,400
2016 $3,385 $116,930 $59,530 $57,400
2015 $3,385 $116,930 $59,530 $57,400
2014 $3,385 $116,930 $59,530 $57,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2093604

Bright MLS

APN: 30-02P-0002.0000