NOT LISTED FOR SALE

407 Lantern Ln Unit 7 Kennett Square, PA 19348

Estimated Value: $480,000 - $517,000

3 Beds
2.5 Baths
2,269 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $325,000 $143 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,438/month

148 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • 1 Fireplace
  • Active Adult
  • Traditional Architecture
  • Community Pool

About This Home

As of August 2020

Welcome to 407 Lantern Lane, located in Victoria Gardens - one of Chester County's nicest and most popular 55+ communities. As you enter this 3 bed/2.5 bath, 2,269 sq ft home you will immediately notice the beautiful hardwood floors featured throughout the first floor. The Great Room is complete with a gas fireplace, offers tons of natural light, is perfect for entertaining and flows nicely into the spacious eat-in kitchen. The family room is quite comfortable and is great for TV viewing or relaxing with a good book. The first level also features a gorgeous master suite offering an abundance of closet space and a beautiful master bathroom. A powder room, laundry room and two-car garage complete the first level. Upstairs you will find a loft area (perfect for a home office), two large guest bedrooms and a full bath. The basement is very large and offers 9' ceilings. Currently unfinished, it is perfect for storage and has the potential to be converted into additional living space. As a resident of Victoria Gardens you will have access to a beautiful Clubhouse featuring a very well equipped Fitness Center, lovely Swimming Pool, Library, Meeting Rooms & Billiards. This location is convenient to Longwood Gardens, shopping, restaurants, cultural events, as well as the popular historic town of Kennett Square. Attractive price, affordable taxes and low HOA fees make this a must-see listing!

Last Agent to Sell the Property

Mike Diggin

(610) 742-1505 mpdiggin@gmail.com RE/MAX Town & Country License #RS332170 Listed on: 01/16/2020

RE/MAX Town & Country

Last Buyer's Agent

Gary Mercer

(610) 467-5319 garysr@garymercerteam.com LPT Realty, LLC License #RS164185L

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,983

Year Built

  • Built in 2007

Lot Details

  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,269 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0865
  • Assessor Parcel Number 62-04 -0865

Community Details

Overview

  • Active Adult
  • $750 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, lawn maintenance, management, pool(s), snow removal, trash
  • Active Adult | Residents must be 55 or older
  • Victoria Gardens Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Community Library

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,983

Year Built

Built in 2007

Lot Details

0

HOA Fees

$241 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-01-17
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 407 Lantern Lane, located in Victoria Gardens - one of Chester County's nicest and most popular 55+ communities. As you enter this 3 bed/2.5 bath, 2,269 sq ft home you will immediately notice the beautiful hardwood floors featured throughout the first floor. The Great Room is complete with a gas fireplace, offers tons of natural light, is perfect for entertaining and flows nicely into the spacious eat-in kitchen. The family room is quite comfortable and is great for TV viewing or relaxing with a good book. The first level also features a gorgeous master suite offering an abundance of closet space and a beautiful master bathroom. A powder room, laundry room and two-car garage complete the first level. Upstairs you will find a loft area (perfect for a home office), two large guest bedrooms and a full bath. The basement is very large and offers 9' ceilings. Currently unfinished, it is perfect for storage and has the potential to be converted into additional living space. As a resident of Victoria Gardens you will have access to a beautiful Clubhouse featuring a very well equipped Fitness Center, lovely Swimming Pool, Library, Meeting Rooms & Billiards. This location is convenient to Longwood Gardens, shopping, restaurants, cultural events, as well as the popular historic town of Kennett Square. Attractive price, affordable taxes and low HOA fees make this a must-see listing!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Laundry, Office, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2269
  • Living Area Sq Ft: 2269
  • Price Per Sq Ft: 149.80
  • Above Grade Finished Sq Ft: 2269
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 241.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Meeting Room, Billiard Room, Library, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 750.00

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R10
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4937.00
  • Tax Annual Amount: 5983.00
  • Assessor Parcel Number: 62-04 -0865
  • Tax Lot: 0865
  • Tax Total Finished Sq Ft: 2269
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/07/2020

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Kasper Thomas and Kasper Laura
Bought by
Kasper Living Trust
Current Estimated Value
$500,487

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jul 31, 2020
Sold by
Kelso Marisa and Spiewak Nicole
Bought by
Kasper Thomas and Kasper Laura
Seller's Agent
Mike Diggin
RE/MAX Town & Country
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Victoria Gardens L P
Bought by
Puglisi Anthony and Puglisi Alberta
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
Kasper Living Trust -- --
Kasper Thomas $325,000 Chesco Settlement Svcs Llc
Puglisi Anthony $280,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $325,000 -4.4% $143 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $339,900 -2.6% $150 / Sq Ft
05/07/2020 05/07/20 Price Changed $349,000 -0.3% $154 / Sq Ft
04/01/2020 04/01/20 For Sale $349,900 +7.7% $154 / Sq Ft
03/18/2020 03/18/20 Off Market $325,000 -- --
03/02/2020 03/02/20 Price Changed $349,900 -2.8% $154 / Sq Ft
01/16/2020 01/16/20 For Sale $359,900 -- $159 / 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 $6,394 $156,800 $38,650 $118,150
2024 $6,394 $156,800 $38,650 $118,150
2023 $6,270 $156,800 $38,650 $118,150
2022 $6,103 $156,800 $38,650 $118,150
2021 $6,011 $156,800 $38,650 $118,150
2020 $5,899 $156,800 $38,650 $118,150
2019 $5,820 $156,800 $38,650 $118,150
2018 $5,699 $156,800 $38,650 $118,150
2017 $5,301 $156,800 $38,650 $118,150
2016 $884 $156,800 $38,650 $118,150
2015 $884 $156,800 $38,650 $118,150
2014 $884 $156,800 $38,650 $118,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT496542

Bright MLS

APN: 62-004-0865.0000