NOT LISTED FOR SALE

402 Penns Ln Unit 402 Malvern, PA 19355

Estimated Value: $504,767 - $567,000

3 Beds
4 Baths
1,620 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 24, 2025

Last sale price $557,000 $344 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,536/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Central Air
  • General Wayne Elementary School Rated A-
  • Corner Fireplace
  • Property is in excellent condition

About This Home

As of April 2025

Stunning renovation from EMC Builders - welcome to 402 Penns Lane! Williamsburg style community with only 22 units- where each home exterior is unique. This inner unit has been updated with a brand new kitchen, new flooring, new hallway bathroom, new flagstone patio & newly finished basement with powder room! Too many updates to mention, you will not be disappointed! Enter foyer with family room/flex room with brick fireplace. The new kitchen with quartz countertops opens to a large entertaining space perfect for Eagles games or a place to relax & decompress with a book. Eat in kitchen opens to private new flagstone patio for even more living space. The second floor includes 3 bedrooms, new hallway bathroom and main suite features large bath. The basement is finished with new powder room offering another level of living space!! If you are looking for an affordable, freshly updated home close to everything Malvern Borough has to offer- look no further!! Award winning Great Valley School District, excellent restaurants, shopping, trails, events & SO MUCH MORE!!!

Last Agent to Sell the Property

Stacie Koroly

EXP Realty, LLC License #RS227581L Listed on: 04/02/2025

EXP Realty, LLC

Last Buyer's Agent

Megan McGowan

BHHS Fox & Roach Wayne-Devon

BHHS Fox & Roach Wayne-Devon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,094

Year Built

  • Built in 1982

Lot Details

  • 918 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 2 Levels
  • Corner Fireplace
  • Brick Fireplace
  • Laundry on upper level

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Interior Basement Entry

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, snow removal, trash
  • Greentree HOA
  • Greentree Subdivision

Listing and Financial Details

  • Tax Lot 0045.2000
  • Assessor Parcel Number 54-01P-0045.2000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,094

Year Built

Built in 1982

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer/Fridge all in "As Is" condition
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 4/2/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Stunning renovation from EMC Builders - welcome to 402 Penns Lane! Williamsburg style community with only 22 units- where each home exterior is unique. This inner unit has been updated with a brand new kitchen, new flooring, new hallway bathroom, new flagstone patio & newly finished basement with powder room! Too many updates to mention, you will not be disappointed! Enter foyer with family room/flex room with brick fireplace. The new kitchen with quartz countertops opens to a large entertaining space perfect for Eagles games or a place to relax & decompress with a book. Eat in kitchen opens to private new flagstone patio for even more living space. The second floor includes 3 bedrooms, new hallway bathroom and main suite features large bath. The basement is finished with new powder room offering another level of living space!! If you are looking for an affordable, freshly updated home close to everything Malvern Borough has to offer- look no further!! Award winning Great Valley School District, excellent restaurants, shopping, trails, events & SO MUCH MORE!!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace Features: Brick, Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Poured Concrete
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 324.07
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: No
  • Type Of Parking: Parking Lot

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: 225.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Snow Removal, Trash
  • HOA Name: GREENTREE HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: GREAT VALLEY
  • Elementary School: GENERAL WAYNE
  • Middle School: GREAT VALLEY M.S.
  • High School: GREAT VALLEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397337
  • School District Source: Listing Agent
  • Elementary School: GENERAL WAYNE
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R10
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 918.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R3

Rental Info

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

Tax Info

  • School Tax: 3417.00
  • Tax Annual Amount: 4094.00
  • Assessor Parcel Number: 54-01P-0045.2000
  • Tax Lot: 0045.2000
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/24/2025

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Apr 24, 2025
Sold by
Sasaguay Shyan Andres
Bought by
Clark James H and Clark Elizabeth G
Seller's Agent
Stacie Koroly
EXP Realty, LLC
Buyer's Agent
Megan McGowan
BHHS Fox & Roach Wayne-Devon
List Price
$525,000
Sold Price
$557,000
Premium/Discount to List
$32,000
6.1%
Views
256
Current Estimated Value
$539,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,743
Avg. Annual Appreciation
-10.37%
Original Mortgage
$317,000
Outstanding Balance
$317,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$223,192

Purchase Details

Closed on
Nov 13, 2024
Sold by
Mattia Denise B
Bought by
Sasaguay Shyan Andres

Purchase Details

Closed on
Jan 27, 1994
Sold by
Witcher Eileen F
Bought by
Mattia Denise B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.12%
Source: Public Records

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 Buyer Sale Price Title Company
Clark James H $557,000 Trident Land Transfer
Sasaguay Shyan Andres $350,000 None Listed On Document
Mattia Denise B $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark James H $317,000
Previous Owner Mattia Denise B $25,000
Previous Owner Mattia Denise B $37,000
Previous Owner Mattia Denise B $15,000
Previous Owner Mattia Denise B $16,000
Previous Owner Mattia Denise B $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $557,000 +6.1% $344 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $525,000 -- $324 / 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 $3,995 $140,210 $39,630 $100,580
2023 $3,891 $140,210 $39,630 $100,580
2022 $3,812 $140,210 $39,630 $100,580
2021 $3,735 $140,210 $39,630 $100,580
2020 $3,673 $140,210 $39,630 $100,580
2019 $3,638 $140,210 $39,630 $100,580
2018 $3,568 $140,210 $39,630 $100,580
2017 $3,568 $140,210 $39,630 $100,580
2016 $3,101 $140,210 $39,630 $100,580
2015 $3,101 $140,210 $39,630 $100,580
2014 $3,101 $140,210 $39,630 $100,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2091772

Bright MLS

APN: 54-01P-0045.2000