NOT LISTED FOR SALE

432 School Ln Wayne, PA 19087

Estimated Value: $1,269,605 - $1,647,000

4 Beds
4.5 Baths
3,458 Sq Ft
$433/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $1,015,000 $294 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,861/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Attic
  • New Eagle Elementary School Rated A+
  • Wood Flooring
  • 1 Fireplace

About This Home

As of February 2020

Welcome home to 432 School Lane, a charming four bedroom, four and one half bath home built in 2016 on a lovely flat lot in the Shand Tract neighborhood serviced by the award winning Tredyffrin-Easttown School District. A gracious flagstone walkway invites you to the front porch flanked with stone and wood pillars. Enter into the two-story Foyer with turned staircase and deep brown hardwood floors that continue on all three floors. To the left is the Great Room with fireplace, Dining Room with sliding glass door to the private rear patio and open concept Kitchen with oversized island with black granite top that seats five. The Kitchen has crisp white cabinetry, stainless appliances and hood, a triple window over the zero radius stainless under mount sink, granite countertops and large double door pantry closet. Just off the kitchen is a convenient Mudroom with side entry door, built in bench and hooks, a double door closet, powder room and access to the oversized two car garage. On the other side of the Great Room is the Family Room with cathedral ceiling, a spacious closet and full bath. At the top of the turned staircase is a Loft Area, perfect for a home office, reading nook or homework station. The Master Bedroom Suite includes a large outfitted walk in closet and Bathroom with radiant heat floors, a private water closet, soaking tub and Carrera tiled shower with seamless glass door. There are two additional bedrooms, a spacious hall bath and convenient Laundry Room on this floor. Continue to the third floor for the 4th bedroom and spacious full bath. Each of the bedrooms and the 1st floor Family Room have Hunter Douglas room darkening honeycomb blinds. The unfinished lower level has an egress window to meet township requirements, two 50 gallon hot water heaters, and one of the two HVAC systems that provide dual zoned heat. This beautiful home is conveniently located near the Strafford Train Station, Downtown Wayne, Devon Yards, King of Prussia, Valley Forge Park, Chester Valley Trail, major routes: 202, 76, 476, and much more.

Last Agent to Sell the Property

Kim Cunningham Marren

(610) 247-0662 kim.marren@foxroach.com Compass RE Listed on: 11/08/2019

Compass RE

Last Buyer's Agent

Greg Williams

(267) 246-1264 greg@myphillynest.com Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,622

Year Built

  • Built in 2016

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Shingle Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,458 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Bar
  • Recessed Lighting
  • 1 Fireplace
  • Triple Pane Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Mud Room
  • Family Room
  • Combination Dining and Living Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Partial Basement
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shand Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-11B-0131

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,622

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dehumidifier in Basement
  • Inclusions: Washer, Dryer, Refrigerator, Window Treatments, Electric Fireplace insert in living room
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2019-11-09
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Butlers Pantry, Kitchen - Eat-In, Attic, Bar, Central Vacuum, Combination Dining/Living, Floor Plan - Open, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Energy Efficient, Triple Pane, Screens, Sliding
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone, Concrete Perimeter, Crawl Space
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Mud Room, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3458
  • Living Area Sq Ft: 3458
  • Net Sq Ft: 3093.00
  • Price Per Sq Ft: 287.74
  • Above Grade Finished Sq Ft: 3458
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Shingle Siding
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle, Metal
  • 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: NEW EAGLE
  • High School: CONESTOGA SENIOR
  • Middle Or Junior School: VALLEY FORGE

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 8249.00
  • Tax Annual Amount: 10622.00
  • Assessor Parcel Number: 43-11B-0131
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 14, 2020
Sold by
Bilk Androniki and Zotalis George
Bought by
Liva Jessica M and Liva William J
Seller's Agent
Kim Cunningham Marren
Compass RE
Buyer's Agent
Greg Williams
Compass RE
List Price
$995,000
Sold Price
$1,015,000
Premium/Discount to List
$20,000
2.01%
Current Estimated Value
$1,497,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,651
Avg. Annual Appreciation
6.85%
Original Mortgage
$913,500
Outstanding Balance
$808,840
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$688,811

Purchase Details

Listed on
Sep 9, 2016
Closed on
Feb 13, 2017
Sold by
432 School Lane Llc
Bought by
Bili Androniki and Zotalis George
Seller's Agent
Kim Cunningham Marren
Compass RE
Buyer's Agent
Michelle Leonard
Keller Williams Realty Devon-Wayne
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$70,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2016
Closed on
May 5, 2016
Sold by
Duane Russell
Bought by
432 School Lane Llc
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
Kim Cunningham Marren
Compass RE
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
217.60%
Original Mortgage
$561,375
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Liva Jessica M $1,015,000 Commonground Abstract Llc
Bili Androniki $899,000 None Available
432 School Lane Llc $365,000 Land Services Usa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liva Jessica M $913,500
Previous Owner Bili Androniki $70,400
Previous Owner 432 School Lane Llc $561,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2020 02/14/20 Sold $1,015,000 +2.0% $294 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $995,000 +10.7% $288 / Sq Ft
02/13/2017 02/13/17 Sold $899,000 0.0% $291 / Sq Ft View Prior Sale
01/06/2017 01/06/17 Pending -- -- --
09/09/2016 09/09/16 For Sale $899,000 +146.3% $291 / Sq Ft
05/05/2016 05/05/16 Sold $365,000 0.0% $276 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $365,000 -- $276 / 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 $12,168 $345,460 $90,460 $255,000
2024 $12,168 $345,460 $90,460 $255,000
2023 $11,430 $345,460 $90,460 $255,000
2022 $11,135 $345,460 $90,460 $255,000
2021 $10,924 $345,460 $90,460 $255,000
2020 $10,622 $345,460 $90,460 $255,000
2019 $10,287 $345,460 $90,460 $255,000
2018 $10,083 $345,460 $90,460 $255,000
2017 $4,906 $172,200 $90,460 $81,740
2016 -- $172,200 $90,460 $81,740
2015 -- $172,200 $90,460 $81,740
2014 -- $172,200 $90,460 $81,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT492652

Bright MLS

APN: 43-11B-0131.0000