NOT LISTED FOR SALE

485 Hopewell Rd Downingtown, PA 19335

Estimated Value: $548,066 - $693,000

4 Beds
2.5 Baths
2,324 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $412,000 $177 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,843/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Attached Garage
  • Brandywine-Wallace El School Rated A
  • Breakfast Room
  • More Than Two Accessible Exits

About This Home

As of May 2020

Welcome to your new home in the award winning Downingtown Area School District! This home has been renovated from top down, including a recent 1000 square foot addition with a dream of an owner's suite (two walk in closets, impressive bathroom, and large bedroom as well as an office area just off the suite). Brand new HVAC system, a new roof in 2015, Kitchen (2017), septic (2017) and back deck (2019) are just some of the improvements the owners have completed so you can move right in and have all the major work done for you already! A flat, fenced in backyard with over half an acre will give you plenty of space to enjoy your outdoor activities.

Last Agent to Sell the Property

Dave Ashe

(610) 864-6125 dave@daveasheteam.com Keller Williams Real Estate -Exton License #RM422741 Listed on: 03/07/2020

Keller Williams Real Estate -Exton

Co-Listed By

Sean Farrell

(610) 505-1843 sean@daveasheteam.com Keller Williams Real Estate -Exton

Last Buyer's Agent

Kim Knaub

(215) 260-9696 knaubfam@gmail.com CG Realty, LLC License #RS349300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 1952 | Remodeled in 2019

Lot Details

  • 0.55 Acre Lot
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Stucco

Interior Spaces

  • 2,324 Sq Ft Home
  • Property has 2 Levels
  • Stone Fireplace
  • Family Room
  • Breakfast Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Brandywine-Wallace Elementary School
  • Downingtown Middle School
  • Downingtown High School West Campus

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0072
  • Assessor Parcel Number 30-05 -0072

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,803

Year Built

Built in 1952 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Kitchen refrigerator and bathroom sauna are all negotiable.
  • Historic: No
  • Inclusions: See Exclusions clause
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1952
  • Year Renovated: 2019
  • Remarks Public: Welcome to your new home in the award winning Downingtown Area School District! This home has been renovated from top down, including a recent 1000 square foot addition with a dream of an owner's suite (two walk in closets, impressive bathroom, and large bedroom as well as an office area just off the suite). Brand new HVAC system, a new roof in 2015, Kitchen (2017), septic (2017) and back deck (2019) are just some of the improvements the owners have completed so you can move right in and have all the major work done for you already! A flat, fenced in backyard with over half an acre will give you plenty of space to enjoy your outdoor activities.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Kitchen, Family Room, Basement, Breakfast Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2324
  • Living Area Sq Ft: 2324
  • Price Per Sq Ft: 182.87
  • Above Grade Finished Sq Ft: 2324
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 485

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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: 4
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: BRANDYWINE-WALLACE
  • Middle School: DOWNINGTOWN
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: BRANDYWINE-WALLACE
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125640.00
  • Land Assessed Value: 42700.00
  • Land Use Code: R10
  • Lot Size Acres: 0.55
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24000.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 275867
  • School Tax: 4576.00
  • Tax Annual Amount: 5803.00
  • Assessor Parcel Number: 30-05 -0072
  • Tax Lot: 0072
  • Tax Total Finished Sq Ft: 2324
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/28/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
May 21, 2020
Sold by
Eagles Christine M and Eagles Chester J
Bought by
Miller Francis and Miller Kelly S
Seller's Agent
Dave Ashe
Keller Williams Real Estate -Exton
Buyer's Agent
Kim Knaub
CG Realty, LLC
List Price
$425,000
Sold Price
$412,000
Premium/Discount to List
-$13,000
-3.06%
Current Estimated Value
$623,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,517
Avg. Annual Appreciation
8.12%
Original Mortgage
$370,800
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2014
Sold by
Harpel Daisy
Bought by
Eagles Christine M and Eagles Chester J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.18%
Mortgage Type
New Conventional
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
Miller Francis $412,000 Evans Abstract Llc
Eagles Christine M $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Francis $75,000
Open Miller Francis $371,585
Closed Miller Francis $370,800
Previous Owner Eagles Christine M $240,000
Previous Owner Eagles Christine M $220,000
Previous Owner Eagles Christine M $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $412,000 -3.1% $177 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $425,000 -- $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
2025 $6,252 $168,340 $42,700 $125,640
2024 $6,252 $168,340 $42,700 $125,640
2023 $6,084 $168,340 $42,700 $125,640
2022 $5,854 $168,340 $42,700 $125,640
2021 $5,833 $168,340 $42,700 $125,640
2020 $5,803 $168,340 $42,700 $125,640
2019 $4,547 $132,130 $42,700 $89,430
2018 $4,547 $132,130 $42,700 $89,430
2017 $4,499 $132,130 $42,700 $89,430
2016 $3,607 $132,130 $42,700 $89,430
2015 $3,607 $124,170 $42,700 $81,470
2014 $3,607 $124,170 $42,700 $81,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT501910

Bright MLS

APN: 30-005-0072.0000