$1,300,000
SOLD FEB 10, 2025

427 E Lancaster Ave Unit 2302 Wayne, PA 19087

Saint Davids Neighborhood
2 Beds
2.5 Baths
1,872 Sq Ft
$725/mo HOA Fee

Recently Sold

$694 Per Sq Ft

5% Below List Price

85 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to St. Davids
  • Penthouse
  • Wayne Elementary School Rated A+
  • 24-Hour Security
  • Panoramic View

About This Home

As of February 2025

Welcome to Wayne 427, an upscale boutique condominium project that artfully combines the feel of modern city living in a suburban setting. The sleek lobby and furnished landing set the tone for this cutting edge and custom designed rare 3rd floor 2 Bedroom, 2.5 Bath corner unit. Upgraded like a builders model, this home has luxury finishes throughout and upgrades galore like wood paneled ceilings, custom shutters on all windows, Blond engineered hardwoods, custom lighting, and incredible designer wall papers throughout! Enter into the foyer with coat closet & convenient Half Bath, and continue to the open floor plan Main Living Area. Floor-to-ceiling windows leading to the private balcony allow an abundance of natural light to enter into this stylish space. The Living Room with more beautiful Blonde engineered hardwoods, wood paneled ceiling, custom built-in cabinetry, fireplace with custom mantel, stone surround and elegant lighting is the perfect place to gather with family & friends. More Blonde engineered hardwood floors and recessed lighting continue to the gourmet Kitchen which boasts Avalon-pewter custom two-tone cabinetry, glazed quartz backsplash, quartz countertops, stainless steel appliances including a sub-zero refrigerator and freezer, Wolf oven and cooktop, and an extended island for additional seating. The Primary Bedroom ensuite with double vanity & stone and tiled shower with frameless glass shower and soaking tub includes impressive his and her closets, more incredible trim and paneled ceilings throughout. A second Bedroom is available for guests or a home office/sleeping space with a customized full bath. Enjoy opulent, low-maintenance living enhanced by gracious amenities including custom-fitted elevators, keyless entry w/ an invisible motion sensor & remote door unlock, 2 deeded spaces in the ground level, secure and well lit parking garage with easy elevator access, energy-efficient systems, individual storage locker, a well-equipped gym, meeting room, mail/package room, 24/7 emergency maintenance, plus landscaping and snow removal services. Perfectly situated on Lancaster Ave, close to shopping, dining, and in the top-rated Radnor school district. Wayne 427 is a minute or two from historic down town Wayne and an easy train ride to Center City and points further East and West and North and South.

Last Agent to Sell the Property

Paul Lott

(610) 812-7359 PaulLott@kw.com Keller Williams Real Estate - West Chester License #RS298201 Listed on: 11/01/2024

Keller Williams Real Estate - West Chester

Co-Listed By

Andrew Masson

(610) 517-9671 andrew.masson@kw.com Keller Williams Real Estate - West Chester License #RS358206

Last Buyer's Agent

Deborah Dorsey

(610) 724-2880 deb@debdorsey.com BHHS Fox & Roach-Rosemont

BHHS Fox & Roach-Rosemont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,611

Year Built

  • Built in 2023

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Assigned Parking

Property Views

  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Penthouse
  • Beaux Arts Architecture
  • Art Deco Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,872 Sq Ft Home
  • Property has 4 Levels
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Basement
  • Garage Access
  • Monitored

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Garage doors are at least 85 inches wide

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 384-000
  • Assessor Parcel Number 36-02-01219-20

Community Details

Overview

  • $2,900 Capital Contribution Fee
  • Association fees include alarm system, common area maintenance, exterior building maintenance, lawn maintenance, management, recreation facility, reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Wayne427 Condominium Association Condos
  • Built by Janiczek Homes
  • Property Manager

Amenities

  • Fax or Copying Available
  • Meeting Room
  • Party Room
  • Community Storage Space
  • 1 Elevator

Recreation

  • Fitness Center
  • Jogging Path

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,611

Year Built

Built in 2023

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Art Deco, Beaux Arts
  • Accessibility Features: 48"+ Halls, >84" Garage Door, Elevator
  • Ownership: Condominium
  • Exclusions: brand new furnishings and personal property
  • Inclusions: all appliances in condo.
  • New Construction: No
  • Story List: Main
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Wayne 427, an upscale boutique condominium project that artfully combines the feel of modern city living in a suburban setting. The sleek lobby and furnished landing set the tone for this cutting edge and custom designed rare 3rd floor 2 Bedroom, 2.5 Bath corner unit. Upgraded like a builders model, this home has luxury finishes throughout and upgrades galore like wood paneled ceilings, custom shutters on all windows, Blond engineered hardwoods, custom lighting, and incredible designer wall papers throughout! Enter into the foyer with coat closet & convenient Half Bath, and continue to the open floor plan Main Living Area. Floor-to-ceiling windows leading to the private balcony allow an abundance of natural light to enter into this stylish space. The Living Room with more beautiful Blonde engineered hardwoods, wood paneled ceiling, custom built-in cabinetry, fireplace with custom mantel, stone surround and elegant lighting is the perfect place to gather with family & friends. More Blonde engineered hardwood floors and recessed lighting continue to the gourmet Kitchen which boasts Avalon-pewter custom two-tone cabinetry, glazed quartz backsplash, quartz countertops, stainless steel appliances including a sub-zero refrigerator and freezer, Wolf oven and cooktop, and an extended island for additional seating. The Primary Bedroom ensuite with double vanity & stone and tiled shower with frameless glass shower and soaking tub includes impressive his and her closets, more incredible trim and paneled ceilings throughout. A second Bedroom is available for guests or a home office/sleeping space with a customized full bath. Enjoy opulent, low-maintenance living enhanced by gracious amenities including custom-fitted elevators, keyless entry w/ an invisible motion sensor & remote door unlock, 2 deeded spaces in the ground level, secure and well lit parking garage with easy elevator access, energy-efficient systems, individual storage locker, a well-equipped gym, meeting room, mail/package room, 24/7 emergency maintenance, plus landscaping and snow removal services. Perfectly situated on Lancaster Ave, close to shopping, dining, and in the top-rated Radnor school district. Wayne 427 is a minute or two from historic down town Wayne and an easy train ride to Center City and points further East and West and North and South.
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Elevator
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 4
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Foyer, Great Room, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Garage Access
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 1872
  • Living Area Sq Ft: 1872
  • Price Per Sq Ft: 734.51
  • Above Grade Finished Sq Ft: 1872
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • View: Scenic Vista, Trees/Woods, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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
  • Security: 24 Hour Security, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 725.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Wayne427 Condominium Association
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Fitness Center, Fax/Copying, Jog/Walk Path, Meeting Room, Party Room, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Name: WAYNE427 CONDOMINIUM ASSOCIATION
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2900.00

Schools

  • School District: RADNOR TOWNSHIP
  • School District Key: 300200397358
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-50
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Janiczek Homes

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 15806.00
  • Tax Annual Amount: 21611.00
  • Assessor Parcel Number: 36-02-01219-20
  • Tax Lot: 384-000
  • Tax Total Finished Sq Ft: 1872
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 02/10/2025

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 6, 2025
Sold by
Mullen John F
Bought by
Schratwieser Greg
Seller's Agent
Paul Lott
Keller Williams Real Estate - West Chester
Buyer's Agent
Deborah Dorsey
BHHS Fox & Roach-Rosemont
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%
Views
123
Current Estimated Value
$1,350,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,980
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Sep 18, 2023
Sold by
M3p Partners Llc
Bought by
Mullen John F
Source: Public Records

Range of Values:

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List 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 $1,300,000 None Listed On Document
Special Warranty Deed $1,189,328 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $1,300,000 -5.5% $694 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
11/01/2024 11/01/24 For Sale $1,375,000 -- $735 / 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 $5,155 $1,039,180 $254,970 $784,210
2024 $5,155 $254,970 $254,970 --
2023 $4,951 $254,970 $254,970 $0
2022 $4,897 $254,970 $254,970 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2078806

Bright MLS

APN: 36-02-01219-20