NOT LISTED FOR SALE

43 Sherman Dr Malvern, PA 19355

Estimated Value: $1,766,000 - $2,291,214

5 Beds
8 Baths
7,716 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $1,150,000 $149 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,672/month

9 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wooded Lot
  • East Goshen Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2016

NO BEACH HOUSE. NO POCONO HOUSE. NO PROBLEM........welcome to PARADISE!! This absolutely stunning property has it all and there is no reason to wish for a second home, as from the moment you arrive you will never want to leave. This gracious 15 year young home, has 5/6 Bedrooms with 6 Full and 2 Half Baths and a backyard oasis that is guaranteed to provide many priceless memories. The grand 2 story front-to-back Foyer is flooded with natural sunlight and gracefully flows into the formal Living and Dining Rooms. A handsome Library with mahogany built-ins provides a wonderful home office that opens to the magnificent back deck. The family center has a spacious gourmet Kitchen that naturally flows into a step down Great Room with fireplace and coffered ceiling, and Breakfast Room that overlooks the magnificent backyard setting. This family friendly space continues as it opens to a covered deck area outfitted with ceiling fan, surround sound and outside tv sure to be a family favorite. The First Floor is completed by a formal and informal Powder Rooms, back stairs,and a Laundry/Mudroom area that provides access to the three car attached Garage. The sweeping Foyer staircase leads one to the lovely Master Suite with Sitting Area, two large walk-in closets, and luxurious Master Bath. There are two additional En-Suite Bedrooms, and two more Bedrooms with a Jack and Jill Bath. The Third Floor is also finished and would be perfect for an au-pair and/or in-laws. The finished Lower Level is ready for a party as it is completed outfitted with a bar, dance floor, pool table area, in-home Movie Theatre Room, full Bath,and Exercise Room that walks directly out to the breathtaking Pool area. This home is an entertainers dream both inside and out, and sits on the most private and breathtaking lot in the sought after community of the Reserves at Spring Meadow.... a true treat to see...don't miss it!!

Last Agent to Sell the Property

Dana Hospodar

BHHS Fox & Roach Wayne-Devon Listed on: 07/16/2016

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Mark Caracausa

Coldwell Banker Realty License #AB065736

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,786

Year Built

  • Built in 2001

Lot Details

  • 0.59 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Back and Side Yard
  • Property is in good condition
  • Property is zoned R2

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,716 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 8 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • $2,880 Other One-Time Fees
  • Reserve At Spring Subdivision

Listing and Financial Details

  • Tax Lot 0020.1900
  • Assessor Parcel Number 53-02 -0020.1900

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,786

Year Built

Built in 2001

Lot Details

0

HOA Fees

$240 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: Contact La
  • Inclusions: Contact La
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Ceiling Fan(s), Wet/Dry Bar, Stall Shower, Dining Area
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 7716
  • Living Area Sq Ft: 7716
  • Net Sq Ft: 7716.00
  • Price Per Sq Ft: 154.87
  • Above Grade Finished Sq Ft: 7716
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 5
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Access To Pool: Yes
  • Exterior Features: Satellite Dish
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 2880.00
  • Other Fees Frequency: One Time

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342

Lot Info

  • Land Use Code: R10
  • Lot Features: Level, Sloping, Open, Trees/Wooded, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.59
  • Lot Dimensions: 0 X0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25592.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14786.00
  • Assessor Parcel Number: 53-02 -0020.1900
  • Tax Lot: 0020.1900
  • Tax Year: 2016
  • Close Date: 10/14/2016

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2016
Closed on
Oct 13, 2016
Sold by
King Taylor and King Heather
Bought by
Sacks Branden R and Sacks Amy E
Seller's Agent
Dana Hospodar
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Mark Caracausa
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Current Estimated Value
$2,027,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$877,054
Avg. Annual Appreciation
6.64%
Original Mortgage
$850,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2013
Closed on
Aug 29, 2013
Sold by
Dunlap Steven J and Dunlap Stephanie R
Bought by
King Taylor and King Heather
Seller's Agent
Alex Coates
Keller Williams Realty Devon-Wayne
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,175,000
Sold Price
$1,095,000
Premium/Discount to List
-$80,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$700,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2008
Sold by
Rowe Ellis and Rowe Antoinette
Bought by
Dunlap Steven J and Dunlap Stephanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2004
Sold by
Sirva Relocation Llc
Bought by
Rowe Ellis and Rowe Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2004
Sold by
Dellorfano Scott W and Dellorfano Megan K
Bought by
Sirva Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
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
Sacks Branden R $1,150,000 Residential Settlement
King Taylor $1,095,000 None Available
Dunlap Steven J $1,300,000 None Available
Rowe Ellis $1,300,000 --
Sirva Relocation Llc $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sacks Branden R $1,137,500
Closed Sacks Branden R $131,692
Closed Sacks Branden R $100,000
Closed Sacks Branden R $850,000
Previous Owner King Taylor A $528,596
Previous Owner King Taylor $700,000
Previous Owner Dunlap Steven J $840,000
Previous Owner Dunlap Steven J $132,500
Previous Owner Dunlap Steven J $880,000
Previous Owner Dunlap Steven J $130,000
Previous Owner Dunlap Steven J $1,040,000
Previous Owner Rowe Ellis $1,000,000
Previous Owner Dellorfano Scott W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $1,150,000 -3.8% $149 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/16/2016 07/16/16 For Sale $1,195,000 +9.1% $155 / Sq Ft
09/16/2013 09/16/13 Sold $1,095,000 -6.8% $171 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $1,175,000 -- $183 / 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 $16,656 $579,600 $175,720 $403,880
2023 $16,656 $579,600 $175,720 $403,880
2022 $16,148 $579,600 $175,720 $403,880
2021 $15,918 $579,600 $175,720 $403,880
2020 $15,812 $579,600 $175,720 $403,880
2019 $15,586 $579,600 $175,720 $403,880
2018 $15,245 $579,600 $175,720 $403,880
2017 $14,906 $579,600 $175,720 $403,880
2016 $15,706 $579,600 $175,720 $403,880
2015 $15,706 $579,600 $175,720 $403,880
2014 $15,706 $579,600 $175,720 $403,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003576355

Bright MLS

APN: 53-002-0020.1900