NOT LISTED FOR SALE

439 School Ln Wayne, PA 19087

Estimated Value: $1,351,000 - $1,771,602

4 Beds
3.5 Baths
4,500 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $845,000 $188 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $9,628/month

53 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Attic
  • New Eagle Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of October 2016

Feast your eyes on this beautiful, totally rehabbed, expanded Brick Colonial situated in a quiet, well-established tree-lined neighborhood on verdant level lot. This gem with open floor plan has 4 Bedrooms and 3.5 Baths, 3 fireplaces and gleaming hardwood floors with Craftsman details throughout. The heart of the home is found in its true entertaining and family space where you'll find a seamless flow ? New State-of-the-Art Gourmet Kitchen opening to a Breakfast area, Butler's Pantry with Wet Bar, Family Room with fireplace and Deck (10x14.) Also included on 1st level are Powder Room, Private Office and Mud Room off 2-Car attached Garage. Sunlit Winding Staircase leads to 2nd floor with Sumptuous Master Bedroom Suite with vaulted ceiling, His & Hers Walk-in closets, a sensational Master Bath with double sinks, private "water closet", free-standing tub and marble shower. Three additional bedrooms and 2 full baths (one of which is a Jack and Jill) + Laundry complete 2nd floor. Finished space on lower level with stone FP makes great private "man cave". With its great curb appeal and amenities close to the heart of Wayne with its many shops and restaurants ? what a wonderful place to live!! Now is your opportunity to see your new home on School Lane as your blank canvas. Visualize how your ideas for comfort, style and livability can come to life. If you wish to have a hand in the design ? now is the time!!! Close to The heart of Wayne with its many shops and restaurants. Library, shopping, King of Prussia Mall & train. Also convenient to major highways, Amtrak and airport. Great curb appeal! What a wonderful place to call home!!!

Last Agent to Sell the Property

Diane Strauss

BHHS Fox & Roach-Haverford License #RS155238A Listed on: 08/09/2016

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Tyler Wagner

Compass RE License #AB066512

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,273

Year Built

  • Built in 1951

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Brick Fireplace
  • Replacement Windows
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement
  • Home Security System
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0100
  • Assessor Parcel Number 43-11B-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,273

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Wet/Dry Bar, Stall Shower, Dining Area
  • Window Features: Bay/Bow, Energy Efficient, Replacement
  • Fireplace Features: Brick, Stone
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Net Sq Ft: 4200.00
  • Price Per Sq Ft: 202.36
  • Above Grade Finished Sq Ft: 4200
  • Below Grade Finished Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 439

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • 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: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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
  • School District Key: 300200396605
  • Elementary School: NEW EAGLE
  • High School: CONESTOGA SENIOR
  • Middle Or Junior School: VALLEY FORGE

Lot Info

  • Land Use Code: R10
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.45
  • Lot Dimensions: 00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19601.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6273.00
  • Assessor Parcel Number: 43-11B-0100
  • Tax Lot: 0100
  • Tax Year: 2016
  • Close Date: 10/24/2016

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 19, 2016
Sold by
Reddbarr Five Llc
Bought by
Lapp Brent T and Lapp Kathryn A
Seller's Agent
Diane Strauss
BHHS Fox & Roach-Haverford
Buyer's Agent
Tyler Wagner
Compass RE
List Price
$859,900
Sold Price
$845,000
Premium/Discount to List
-$14,900
-1.73%
Current Estimated Value
$1,542,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,901
Avg. Annual Appreciation
6.56%
Original Mortgage
$676,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2015
Closed on
Oct 23, 2015
Sold by
Whalen William F
Bought by
Reddbarr Five Llc
Seller's Agent
John Salkowski
Real of Pennsylvania
Buyer's Agent
William (Bill) McGarrigle
Keller Williams Real Estate -Exton
List Price
$440,000
Sold Price
$375,000
Premium/Discount to List
-$65,000
-14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.77%
Original Mortgage
$1,150,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 27, 2006
Sold by
Whalen William F and Estate Of Gloria W Scherick
Bought by
Whalen William F

Purchase Details

Closed on
May 7, 2001
Sold by
Scherick Gloria W and Scherick Jerome N
Bought by
Scherick Jerome N and Scherick Gloria W
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
Lapp Brent T $845,000 Cu Settlement Services
Reddbarr Five Llc $375,000 None Available
Whalen William F -- None Available
Scherick Jerome N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapp Brent T $507,000
Closed Lapp Brent T $676,000
Previous Owner Reddbarr Five Llc $1,150,000
Previous Owner Whalen William F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $845,000 -0.6% $188 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
08/30/2016 08/30/16 Price Changed $849,900 -1.2% $189 / Sq Ft
08/09/2016 08/09/16 For Sale $859,900 +129.3% $191 / Sq Ft
10/16/2015 10/16/15 Sold $375,000 -6.0% $190 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/19/2015 08/19/15 Price Changed $399,000 -9.3% $203 / Sq Ft
07/23/2015 07/23/15 For Sale $440,000 -- $223 / 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 $14,653 $416,000 $92,470 $323,530
2024 $14,653 $416,000 $92,470 $323,530
2023 $13,764 $416,000 $92,470 $323,530
2022 $13,409 $416,000 $92,470 $323,530
2021 $13,044 $412,530 $92,470 $320,060
2020 $12,685 $412,530 $92,470 $320,060
2019 $12,284 $412,530 $92,470 $320,060
2018 $12,041 $412,530 $92,470 $320,060
2017 $6,319 $221,780 $92,460 $129,320
2016 -- $221,780 $92,460 $129,320
2015 -- $221,780 $92,460 $129,320
2014 -- $221,780 $92,460 $129,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003576795

Bright MLS

APN: 43-11B-0100.0000