$1,800,000
SOLD JUN 6, 2025

427 E Lancaster Ave Unit 2201 Wayne, PA 19087

Saint Davids Neighborhood
3 Beds
2.5 Baths
3,722 Sq Ft
$1,706/mo HOA Fee

Recently Sold

$484 Per Sq Ft

8% Below List Price

62 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to St. Davids
  • Contemporary Architecture
  • Wayne Elementary School Rated A+
  • New Construction
  • Assigned Subterranean Space

About This Home

As of June 2025

Discover the rare combination of spacious one-level living with a lock-and-go lifestyle in the charming and historic town of Wayne. This stunning, penthouse-like condo offers the perfect blend of chic urban style and suburban tranquility. Ideally located near an array of shops—from Boyds to unique boutiques—along with diverse dining options, art centers, gardens, parks, trails, top-rated schools, and a convenient train station, this vibrant community invites you to explore and enjoy all it has to offer.Abundant glass and natural light fill the space, creating a bright and airy ambiance. With high-end modern finishes and only 10 units in the building, this home offers exclusivity and privacy. Inside, you'll find a welcoming entry foyer that leads to a flexible and open floor plan. Designed for entertaining, this unit showcases an elegant wine room with storage for 240 bottles. The 9-foot ceilings throughout create a grand and spacious atmosphere. The unit features handsome engineered hardwood flooring. The chef's kitchen is a standout feature, with premium appliances and an abundance of custom cabinetry, open shelving, and a large island topped with veined quartz counters. The unit is equipped with high-efficiency 2-zone HVAC and tech-friendly wiring for seamless connectivity. The attention to detail is evident in the splendid lighting and designer hardware throughout the home.Parking is convenient with three underground parking spaces in a secure garage with keyless entry. The lush garden courtyard adds to the privacy and serenity of the community.Don't miss the opportunity to make this urban oasis your own! Contact us today to schedule a private viewing and experience the beauty and luxury of this remarkable residence.

Last Agent to Sell the Property

Marie Gordon

(610) 513-0049 marie.gordon@compass.com Compass RE License #RS282323 Listed on: 03/13/2025

Compass RE

Last Buyer's Agent

Megan Van Arkel

(610) 329-7504 vanarkel.megan@gmail.com Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,079

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $1,706 Monthly HOA Fees

Parking

  • Assigned Subterranean Space

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Entry on the 2nd floor
  • Frame Construction
  • Masonry

Interior Spaces

  • 3,722 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • Wayne Elementary School
  • Radnor M Middle School
  • Radnor H High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 384-000
  • Assessor Parcel Number 36-02-01219-15

Community Details

Overview

  • $2,900 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance
  • Wayne 427 Condominium Association
  • Low-Rise Condominium

Amenities

  • Common Area

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,079

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,706 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional, Contemporary
  • Ownership: Condominium
  • Inclusions: Washer, dryer and refrigerator
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2025-03-13
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the rare combination of spacious one-level living with a lock-and-go lifestyle in the charming and historic town of Wayne. This stunning, penthouse-like condo offers the perfect blend of chic urban style and suburban tranquility. Ideally located near an array of shops—from Boyds to unique boutiques—along with diverse dining options, art centers, gardens, parks, trails, top-rated schools, and a convenient train station, this vibrant community invites you to explore and enjoy all it has to offer. Abundant glass and natural light fill the space, creating a bright and airy ambiance. With high-end modern finishes and only 10 units in the building, this home offers exclusivity and privacy. Inside, you'll find a welcoming entry foyer that leads to a flexible and open floor plan. Designed for entertaining, this unit showcases an elegant wine room with storage for 240 bottles. The 9-foot ceilings throughout create a grand and spacious atmosphere. The unit features handsome engineered hardwood flooring. The chef's kitchen is a standout feature, with premium appliances and an abundance of custom cabinetry, open shelving, and a large island topped with veined quartz counters. The unit is equipped with high-efficiency 2-zone HVAC and tech-friendly wiring for seamless connectivity. The attention to detail is evident in the splendid lighting and designer hardware throughout the home. Parking is convenient with three underground parking spaces in a secure garage with keyless entry. The lush garden courtyard adds to the privacy and serenity of the community. Don't miss the opportunity to make this urban oasis your own! Contact us today to schedule a private viewing and experience the beauty and luxury of this remarkable residence.
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 3722
  • Living Area Sq Ft: 3722
  • Price Per Sq Ft: 497.04
  • Above Grade Finished Sq Ft: 3722
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Construction Completed: Yes
  • 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: Underground
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 3

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: 1706.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance
  • HOA Name: WAYNE 427 CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 2900.00

Schools

  • School District: RADNOR TOWNSHIP
  • Elementary School: WAYNE
  • Middle School: RADNOR M
  • High School: RADNOR H
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397358
  • School District Source: Listing Agent
  • Elementary School: WAYNE
  • High School: RADNOR H
  • Middle Or Junior School: RADNOR M

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R-50

Rental Info

  • Pets: Dogs Ok, Cats Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 21027.00
  • Tax Annual Amount: 27078.89
  • Assessor Parcel Number: 36-02-01219-15
  • Tax Lot: 384-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/06/2025

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 30, 2025
Sold by
Carlcon Llc
Bought by
James J Maguire Annuity Trust and Maguire
Seller's Agent
Marie Gordon
Compass RE
Buyer's Agent
Megan Van Arkel
Compass RE
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Views
444
Current Estimated Value
$1,830,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,985
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Oct 27, 2023
Sold by
M3p Partners Llc
Bought by
Caricon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.31%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $1,800,000 None Listed On Document
Deed $1,800,000 None Listed On Document
Special Warranty Deed $2,177,755 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $1,800,000 -2.7% $484 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $1,850,000 -5.1% $497 / Sq Ft
03/13/2025 03/13/25 For Sale $1,950,000 -- $524 / 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 $5,153 $1,339,319 $515,270 $824,049
2024 $5,153 $254,890 $254,890 --
2023 $4,949 $254,890 $254,890 $0
2022 $4,895 $254,890 $254,890 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2082152

Bright MLS

APN: 36-02-01219-15