NOT LISTED FOR SALE

423 Old Eagle School Rd Unit WITH LOT Wayne, PA 19087

Estimated Value: $1,198,000 - $1,594,000

5 Beds
3.5 Baths
3,800 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $1,825,000 $480 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $8,689/month

34 Days on Market

Highlights

  • 2 Acre Lot
  • Manor Architecture
  • 2 Fireplaces
  • New Eagle Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of November 2023

Welcome to this exquisite country manor home that was built in 1911. Nestled on a sprawling, flat 2-acre double lot this home is situated majestically back from the road and enveloped by lush, mature landscaping. This residence offers privacy and tranquility, yet is close to all the conveniences of Wayne . The moment you enter, you'll be captivated by the grandeur of high ceilings, gleaming hardwood floors, and crown molding that adorn the ceilings.

As you step into the inviting embrace of the first floor, you'll discover an expansive living room bathed in natural light with large picture windows and a beautiful fireplace which is an ideal space for relaxation and entertainment. The neighboring dining room boasts a beautiful bay window area that opens up to the stone patio providing an elegant setting, perfect for hosting lavish dinner parties or intimate gatherings. The updated kitchen has stainless steel appliances and granite countertops, with space for any aspiring chef's creations. A convenient updated half bath and a cozy computer nook complete the main level.
Ascend the gracefully sweeping staircase to the second level, where the primary suite beckons with an ensuite bathroom complete with gorgeous finishes and a generous walk-in closet. An adjoining den/office provides a comfortable retreat, replete with a fireplace and built-in book shelves. A jack-and-jill bathroom connects to a second bedroom on this floor. In addition, there is a well-appointed laundry room and ample storage .

The third floor consists of three large bedrooms and a full bath. There is also a large storage closet for all of your needs. An unfinished lower level with high ceilings can be finished to your taste.
There is also a detached three car garage with a large unfinished space upstairs that has the versatility to be converted into an in-law suite, party space or additional office space.

Beyond the impressive interior, the enchantment continues outdoors. With the advantage of two parcels, 43-11B-0060 and 43-11B-0060.0100, the opportunities for expansion are as boundless as your imagination. The sprawling grounds present the perfect canvas for designing your dream outdoor oasis, from a serene garden retreat to a recreational haven.

Located within the award winning T/E school district, this remarkable manor resides on the highly desirable Red Fox Lane, known for its vibrant sense of community. Experience the annual Halloween parade and gatherings that bring neighbors together. Easy access to all major highways (I-76,I-476 and Rte. 202), the Strafford train station and all the shops and restaurants of Wayne, make this a perfect location for Main Line living. Embrace a lifestyle of sophistication, comfort, and connection in this exceptional residence that seamlessly marries timeless elegance with modern convenience. Your forever home awaits. This listing is for the house at 423 Old Eagle School Road and the additional lot at 507 Red Fox Lane- Potential for a sale of the home without the lot at a lower price.

Last Agent to Sell the Property

Jeanne Egan

BHHS Fox & Roach Wayne-Devon License #RS35686 Listed on: 08/22/2023

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Sheridan Doherty

Compass RE License #RS358498

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,642

Year Built

  • Built in 1911

Lot Details

  • 2 Acre Lot
  • Property is in excellent condition
  • Property is zoned R10,V10

Parking

  • 3 Car Detached Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Manor Architecture
  • Traditional Architecture
  • Plaster Walls
  • Slate Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room on Second Floor
  • Wood Flooring
  • Laundry on lower level

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • New Eagle Elementary School
  • Valley Forge Middle School
  • Conestoga Senior High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • Deepdale Subdivision

Listing and Financial Details

  • Tax Lot 0060
  • Assessor Parcel Number 43-11B-0060, 43-11B-00600.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,642

Year Built

Built in 1911

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Manor, Traditional
  • Ownership: Fee Simple
  • Exclusions: Stadium seats on back patio
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-08-24
  • Federal Flood Zone: No
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: High, Plaster Walls
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: 2nd Stry Fam Rm
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Unfinished
  • Laundry Type: Upper Floor, Lower Floor
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 525.00
  • Above Grade Finished Sq Ft: 3800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage Door Opener
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: TREDYFFRIN-EASTTOWN
  • Elementary School: NEW EAGLE
  • Middle School: VALLEY FORGE
  • High School: CONESTOGA SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396605
  • School District Source: Listing Agent
  • Elementary School: NEW EAGLE
  • High School: CONESTOGA SENIOR
  • Middle Or Junior School: VALLEY FORGE

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R10,V10

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 12222.00
  • Tax Annual Amount: 15642.00
  • Assessor Parcel Number: 43-11B-0060, 43-11B-00600.0100
  • Tax Lot: 0060
  • Tax Total Finished Sq Ft: 3527
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/16/2023

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 16, 2023
Sold by
Hennessey Peter W and Kettner Jennifer B
Bought by
Wilson Benjamin Richard and Wilson Leslie Ann
Seller's Agent
Jeanne Egan
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Sheridan Doherty
Compass RE
List Price
$1,995,000
Sold Price
$1,825,000
Premium/Discount to List
-$170,000
-8.52%
Views
585
Current Estimated Value
$1,407,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$417,095
Avg. Annual Appreciation
-13.71%
Original Mortgage
$1,460,000
Outstanding Balance
$1,437,562
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
-$29,657

Purchase Details

Closed on
May 22, 2014
Sold by
Gillis Dixon F and Gillis Carey P
Bought by
Hennessey Peter W and Kettner Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2008
Sold by
423 Old Eagle Partners Lp
Bought by
Gillis Dixon F and Gillis Carey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 2007
Sold by
Cusumano Kristin G and Estate Of Patricia G Cusumano
Bought by
423 Old Eagle Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,364,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
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
Wilson Benjamin Richard $1,825,000 Trident Land Transfer
Hennessey Peter W $950,000 None Available
Gillis Dixon F $867,500 First American Title Ins Co
423 Old Eagle Partners Lp $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Benjamin Richard $1,460,000
Previous Owner Hennessey Peter W $130,000
Previous Owner Hennessey Peter W $650,000
Previous Owner Gillis Dixon F $720,000
Previous Owner Gillis Dixon F $748,000
Previous Owner Gillis Dixon F $363,750
Previous Owner Gillis Dixon F $417,000
Previous Owner 423 Old Eagle Partners Lp $1,364,000
Previous Owner 423 Old Eagle Partners Lp $650,000
Previous Owner Cusumano Patricia G $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $1,825,000 -8.5% $480 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $1,995,000 -- $525 / 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 $12,217 $346,840 $124,040 $222,800
2023 $11,476 $346,840 $124,040 $222,800
2022 $11,180 $346,840 $124,040 $222,800
2021 $10,611 $335,570 $124,040 $211,530
2020 $10,318 $335,570 $124,040 $211,530
2019 $9,992 $335,570 $124,040 $211,530
2018 $9,794 $335,570 $124,040 $211,530
2017 $9,561 $335,570 $124,040 $211,530
2016 -- $335,570 $124,040 $211,530
2015 -- $335,570 $124,040 $211,530
2014 -- $335,570 $124,040 $211,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2051036

Bright MLS

APN: 43-11B-0060.0000