Seller's Agent in 2020
Beth Stein
Keller Williams Real Estate -Exton
(484) 713-2456
2 in this area
214 Total Sales
402 E Lancaster Ave Downingtown, PA 19335
Estimated Value: $370,470 - $499,000
--
Bed
4
Baths
3,930
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- Colonial Architecture
- 4 Fireplaces
- East Ward Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of May 2020Looking for a home and extra income-producing property? Think location, location! Located in award-winning Downingtown School District this Downingtown Boro property gem has both. Especially with the added bonus of low taxes. The possibilities are endless with this classic huge front porch duplex that could be set back up as a colonial residential property if you wanted to use this as your permanent residence. With stone construction, public utilities, natural gas heating this is an easy and convenient spot right here. Look no further. With Downingtown s new STEM Academy added under Downingtown Area School District and the all the convenience of living in a town near shopping, and fantastic new possibilities going up in Downingtown for eateries like East Branch Brewing Company, this is a very up and coming spot. Exceptional quality home with the charm of Downingtown s history being built in 1890, and the fact of having a big yard almost half an acre of grounds is quite unique in Downingtown giving you plenty of space. Fantastic huge front porch for relaxing or entertaining guests. Walk right from front porch to side of the home with poured concrete patio leading to the side entrance to the home with great views of your yard. Also extremely convenient is the fenced yard. Boasting 5 Bedrooms, 2 Baths, 3930 +/- sq ft building space, on .44 acres, you will not want to miss this fantastic opportunity. Hardwood flooring, and recessed lighting, wait till you see the possibilities with the Chef s huge kitchen. Center island with high faucet sink for added convenience. Neutral cabinetry shows off the stone wall behind. Very reminiscent of old-world charm, and an exceptional period piece of history. Large windows let in plenty of light and nice solar warmth. Further in the home is a lovely grand living room with large inset windows, fireplace and lots of space.On the second floor is a bedroom with neutral d cor, hardwood flooring, and lots of light. 2 Other bedrooms, and a kitchen on the second floor with refrigerator, oven, and sink, with extra cabinetry. Just an extreme amount of potential for this one. Oversized two car detached garage with plenty of extra storage space. Wait until you see the huge nice level yard. Very well developed use of space.The basement could be renovated or used for extra space or storage.This is an investor s and contractor s dream and delight investment in the heart of Downingtown School District. SHOWING ONLY DURING THE DAY. THERE ARE NO LIGHTS IN THE HOME.
Last Agent to Sell the Property
Keller Williams Real Estate -Exton License #RS275145 Listed on: 02/14/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,768
Year Built
- Built in 1890
Lot Details
- 0.44 Acre Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Duplex
- Colonial Architecture
- Asphalt Roof
- Stone Siding
Interior Spaces
- 3,930 Sq Ft Home
- Ceiling height of 9 feet or more
- 4 Fireplaces
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Carpet
- Vinyl
Outdoor Features
- Porch
Utilities
- Hot Water Heating System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 0145
- Assessor Parcel Number 11-04 -0145
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2020
Closed on
May 19, 2020
Sold by
Zaferes Speredula
Bought by
Patras Stephen and Patras Elizabeth
Seller's Agent
Beth Stein
Keller Williams Real Estate -Exton
Buyer's Agent
Colby Martin
Keller Williams Real Estate -Exton
List Price
$375,000
Sold Price
$255,000
Premium/Discount to List
-$120,000
-32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,508
Avg. Annual Appreciation
8.83%
Original Mortgage
$192,000
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 26, 2017
Sold by
Bartholomew Vicky and Estate Of Athens N Zaferes
Bought by
Zaferes Speredoula
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patras Stephen | $255,000 | First Land Transfer Llc | |
| Zaferes Speredoula | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patras Stephen | $250,000 | |
| Open | Patras Stephen | $437,750 | |
| Closed | Patras Stephen | $192,000 | |
| Previous Owner | Zaferes Speredoula | $220,000 | |
| Previous Owner | Zaferes Speredoula | $180,000 | |
| Previous Owner | Zaferes Speredoula D | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $255,000 | -21.5% | $65 / Sq Ft |
| 04/14/2020 04/14/20 | Pending | -- | -- | -- |
| 04/11/2020 04/11/20 | Price Changed | $325,000 | -7.1% | $83 / Sq Ft |
| 03/31/2020 03/31/20 | Price Changed | $350,000 | -6.7% | $89 / Sq Ft |
| 02/14/2020 02/14/20 | For Sale | $375,000 | -- | $95 / 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 |
|---|---|---|---|---|
| 2024 | $8,127 | $194,610 | $49,250 | $145,360 |
| 2023 | $7,932 | $194,610 | $49,250 | $145,360 |
| 2022 | $7,770 | $194,610 | $49,250 | $145,360 |
| 2021 | $4,791 | $121,640 | $49,260 | $72,380 |
| 2020 | $4,768 | $121,640 | $49,260 | $72,380 |
| 2019 | $4,768 | $121,640 | $49,260 | $72,380 |
| 2018 | $4,768 | $121,640 | $49,260 | $72,380 |
| 2017 | $4,768 | $121,640 | $49,260 | $72,380 |
| 2016 | $4,345 | $121,640 | $49,260 | $72,380 |
| 2015 | $4,345 | $121,640 | $49,260 | $72,380 |
| 2014 | $4,345 | $121,640 | $49,260 | $72,380 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Colby Martin
Keller Williams Real Estate -Exton
(610) 563-0573
9 in this area
76 Total Sales
Map
Source: Bright MLS
MLS Number: PACT498140
APN: 11-004-0145.0000
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