NOT LISTED FOR SALE

481 Major John Way Malvern, PA 19355

Estimated Value: $890,611 - $966,000

4 Beds
4 Baths
2,718 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $791,092 $291 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,788/month

Highlights

  • New Construction
  • Craftsman Architecture
  • 2 Car Detached Garage
  • General Wayne Elementary School Rated A-
  • Community Pool
  • Tankless Water Heater

About This Home

As of May 2023

2023 Delivery of this beautiful to-be-built home. Pictures are of our decorated Kingston V model.

Last Agent to Sell the Property

Betty Serfass

Fusion PHL Realty, LLC Listed on: 08/18/2022

Last Buyer's Agent

Jessica Li

RE/MAX Plus License #RS328640

RE/MAX Plus

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,050

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,005 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stick Built Home

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Tankless Water Heater
  • Public Septic

Community Details

Overview

  • $378 Recreation Fee
  • 4 Units
  • Spring Oak Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,050

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: 2023 Delivery of this beautiful to-be-built home. Pictures are of our decorated Kingston V model.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3431
  • Living Area Sq Ft: 2718
  • Price Per Sq Ft: 282.39
  • Above Grade Finished Sq Ft: 2718
  • Below Grade Sq Ft: 713
  • Total Below Grade Sq Ft: 713
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 481

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: 378.00
  • Association Recreation Fee: Yes

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4005.00
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Existing Lease Type: None
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2022
  • Close Date: 05/05/2023

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Apr 27, 2023
Sold by
Jpo Spring Oak 2 Llc
Bought by
Mao Zhihao and Zhang Yuning
Seller's Agent
Betty Serfass
Fusion PHL Realty, LLC
Buyer's Agent
Jessica Li
RE/MAX Plus
List Price
$767,545
Sold Price
$791,092
Premium/Discount to List
$23,547
3.07%
Views
6
Current Estimated Value
$923,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,811
Avg. Annual Appreciation
3.07%
Original Mortgage
$570,000
Outstanding Balance
$557,156
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$290,684
Source: Public Records

Range of Values:

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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
Mao Zhihao $791,092 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Zhihao $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $791,092 +3.1% $291 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $767,545 -- $282 / 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 $9,050 $312,480 $65,190 $247,290
2023 $1,451 $54,030 $54,030 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2031322

Bright MLS

APN: 35-004-0384.0000