NOT LISTED FOR SALE

402 Rustmont Dr Unit 402 Malvern, PA 19355

Estimated Value: $481,000 - $524,000

3 Beds
4 Baths
1,920 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $336,500 $175 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,315/month

3 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • 1 Fireplace
  • General Wayne Elementary School Rated A-
  • Traditional Architecture
  • Upgraded Countertops

About This Home

As of May 2019

Step inside this lovely and immaculate 3 story brick townhome in Rustmont-located in an enclave of the community cul-de-sac, tree lined by woods. This a rare opportunity to own the most sought after setting in Rustmont. Adjacent to the Malvern retreat, you will enjoy tranquility year round and a convenient location just minutes to the train, shopping and restaurants of Paoli and Malvern. This well maintained home features a formal living room with brick surround fireplace, sitting room with bookshelves, dining room updated with an attractive brick-faced wall, kitchen with granite peninsula and powder room on the main level. Hardwood floors were added to the main floor and the foyer was updated with tile while the rest of the home have new carpeting installed. The spacious deck overlooking woods, is great for grilling and al fresco dining with friends and close relatives all summer long. Upstairs is the spacious master bedroom with updated en-suite bath. There are two additional bedrooms that share an updated hall bath and finally a convenient laundry room with brand new washer and dryer. The warmly finished lower level with brick Fireplace, new carpets, and access to the outside await your leisurely pursuits of fun and games. Step outside to the yard that you do not need to do anything with other than enjoy the space. All this and more including the award winning Great Valley School District.

Last Agent to Sell the Property

Beth Stein

(484) 713-2456 srgteam@steinrealtygroup.com Keller Williams Real Estate -Exton License #RS275145 Listed on: 04/18/2019

Keller Williams Real Estate -Exton

Last Buyer's Agent

Paul Clough

(610) 952-4562 pclough03@comcast.net Swayne Real Estate Group, LLC License #RS210554L

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1985

Lot Details

  • 1,920 Sq Ft Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • $900 Capital Contribution Fee
  • Association fees include lawn maintenance, snow removal, common area maintenance, exterior building maintenance
  • Rustmont Subdivision

Listing and Financial Details

  • Tax Lot 0257
  • Assessor Parcel Number 54-03B-0257

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,840

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Built in sound system in basement, projector and projector screen in basement
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-04-18
  • Year Built: 1985
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops, Wainscotting
  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 171.09
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Snow Removal, Common Area Maintenance, Ext Bldg Maint
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 900.00

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GENERAL WAYNE
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 117840.00
  • Land Assessed Value: 30180.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1920.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 353913
  • School Tax: 3152.00
  • Tax Annual Amount: 3840.00
  • Assessor Parcel Number: 54-03B-0257
  • Tax Lot: 0257
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Brightwell Trever O and Garnett Kelly G
Bought by
Brightwell Trever O and Brightwell Kelly G
Current Estimated Value
$507,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$196,404
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$311,441

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 22, 2019
Sold by
Larosa Michale and Larosa Melissa
Bought by
Brightwell Trever O and Garnett Kelly G
Seller's Agent
Beth Stein
Keller Williams Real Estate -Exton
Buyer's Agent
Paul Clough
Swayne Real Estate Group, LLC
List Price
$328,500
Sold Price
$336,500
Premium/Discount to List
$8,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$286,025
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2016
Closed on
Aug 15, 2016
Sold by
Dixon Annabelle G
Bought by
Larosa Michael and Larosa Melissa
Seller's Agent
Beth Stein
Keller Williams Real Estate -Exton
Buyer's Agent
Beth Stein
Keller Williams Real Estate -Exton
List Price
$320,000
Sold Price
$308,900
Premium/Discount to List
-$11,100
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$247,120
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2002
Sold by
Procopio Ralph V and Procopio Patricia A
Bought by
Dixon Annabelle G

Purchase Details

Closed on
Feb 16, 1996
Sold by
Cunningham Bernard M and Cunningham Kathleen
Bought by
Procopio Ralph V and Procopio Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brightwell Trever O -- None Available
Brightwell Trever O $336,500 None Available
Larosa Michael $308,900 First Land Transfer
Dixon Annabelle G $223,900 --
Procopio Ralph V $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brightwell Trever O $270,000
Closed Brightwell Trever O $286,025
Previous Owner Larosa Michael $247,120
Previous Owner Procopio Ralph V $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2019 05/24/19 Sold $336,500 +2.4% $175 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $328,500 +6.3% $171 / Sq Ft
09/21/2016 09/21/16 Sold $308,900 0.0% $161 / Sq Ft View Prior Sale
07/24/2016 07/24/16 Pending -- -- --
07/15/2016 07/15/16 Price Changed $308,900 -3.5% $161 / Sq Ft
06/05/2016 06/05/16 For Sale $320,000 -- $167 / 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 $4,217 $148,020 $30,180 $117,840
2024 $4,217 $148,020 $30,180 $117,840
2023 $4,108 $148,020 $30,180 $117,840
2022 $4,025 $148,020 $30,180 $117,840
2021 $3,943 $148,020 $30,180 $117,840
2020 $3,878 $148,020 $30,180 $117,840
2019 $3,840 $148,020 $30,180 $117,840
2018 $3,767 $148,020 $30,180 $117,840
2017 $3,767 $148,020 $30,180 $117,840
2016 $3,281 $148,020 $30,180 $117,840
2015 $3,281 $148,020 $30,180 $117,840
2014 $3,281 $148,020 $30,180 $117,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT475536

Bright MLS

APN: 54-03B-0257.0000