NOT LISTED FOR SALE

49 Nichols Mill Rd Downingtown, PA 19335

Estimated Value: $856,000 - $989,000

5 Beds
4 Baths
4,090 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $865,000 $211 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,087/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Direct Access Garage
  • Property is in excellent condition
  • Beaver Creek Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

**Offer Deadline 12PM Saturday 11/18**
Welcome to your dream home in Downingtown – only five years young, meticulously maintained, and ready for you to make lasting memories! This Hampshire model, the largest in the highly sought-after Dowlin Forge community, boasts a spacious open floor plan flooded with natural light, yet still retaining privacy. The luxurious kitchen, equipped with a double oven and a vast walk-in pantry, is a culinary enthusiast's delight. Enjoy meals under the coffered accent ceiling in the dining room and cozy up by the gas fireplace in the living room. The first floor features an additional bedroom/bonus room with a full bathroom just outside in the hallway. A three-car garage and a convenient mudroom complete this level. Upstairs, discover abundant closet space in all bedrooms and in the hallway. The primary suite is a retreat in itself, featuring a sitting area, connected laundry room, and a generously sized ensuite bathroom. The finished basement adds extra living and storage space, perfect for various activities. This home, sitting on one of the largest lots in the community, offers a beautifully fenced yard for ultimate privacy. Entertain guests on the weatherproof deck and stone patio, complete with a spacious pergola featuring custom sun shades. Start your mornings on the covered front porch, sipping coffee and enjoying the neighborhood. Other notable updates to the home include a full lawn irrigation system for maintenance free lawn care, and a Yarna water descaler system. You can have all of this, while enjoying the lifestyle benefits of a prime Downingtown location. Access to award-winning schools, including the renowned Downingtown S.T.E.M. Academy. Nature enthusiasts will appreciate the proximity to Marsh Creek State Park, the nearby Struble Trail, and Kerr Park, as well as a walking trail through the Dowlin Forge community. Plus, enjoy convenient shopping at nearby centers and supermarkets, including the local organic Kimberton Whole Foods market. Don't miss the chance to make this exceptional property your new home!

Last Agent to Sell the Property

Jon Brouse

BHHS Fox & Roach-Jenkintown License #RS329496 Listed on: 11/16/2023

BHHS Fox & Roach-Jenkintown

Last Buyer's Agent

Venka Sunkara

Tesla Realty Group, LLC License #RS350408

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,523

Year Built

  • Built in 2018

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Driveway Spaces

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

Schools

  • Downingtown High School West Campus

Utilities

  • Forced Air Heating and Cooling System
  • Community Propane
  • Propane Water Heater
  • Cable TV Available

Community Details

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, snow removal
  • Dowlin Forge Station HOA
  • Built by D.R. Horton
  • Dowlin Forge Station Subdivision

Listing and Financial Details

  • Tax Lot 0121
  • Assessor Parcel Number 30-03 -0121

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,523

Year Built

Built in 2018

Lot Details

0

HOA Fees

$95 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: covered swing seat in rear corner of yard, tv mounting brackets in basement
  • Inclusions: Refrigerator, oven/range, dishwasher, basement refrigerator, play-set in yard, custom sun shades on pergola, all window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-11-16
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4090
  • Living Area Sq Ft: 4090
  • Price Per Sq Ft: 234.51
  • Above Grade Finished Sq Ft: 3390
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane - Community, Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 94.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA Name: DOWLIN FORGE STATION HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District: DOWNINGTOWN AREA
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • High School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11050.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: D.R. Horton

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 8316.00
  • Tax Annual Amount: 10523.00
  • Assessor Parcel Number: 30-03 -0121
  • Tax Lot: 0121
  • Tax Total Finished Sq Ft: 4090
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/12/2024

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 12, 2024
Sold by
Rayeski Thomas and Rayeski Eileen
Bought by
Katragadda Rajeev and Putigampu Pravallika
Seller's Agent
Jon Brouse
BHHS Fox & Roach-Jenkintown
Buyer's Agent
Venka Sunkara
Tesla Realty Group, LLC
List Price
$795,000
Sold Price
$865,000
Premium/Discount to List
$70,000
8.81%
Views
45
Current Estimated Value
$934,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,442
Avg. Annual Appreciation
2.79%
Original Mortgage
$565,000
Outstanding Balance
$535,505
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$368,865

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 29, 2018
Sold by
Dr Horton Inc
Bought by
Rayeski Thomas and Rayeski Eileen
Seller's Agent
KEVIN SZCZOTKA
D.R. Horton Realty of New Jersey
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$559,990
Sold Price
$559,673
Premium/Discount to List
-$317
-0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
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
Katragadda Rajeev $865,000 Chadds Ford Abstract
Rayeski Thomas $559,673 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katragadda Rajeev $565,000
Closed Rayeski Thomas $529,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $865,000 +8.8% $211 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $795,000 +42.0% $194 / Sq Ft
03/23/2018 03/23/18 Sold $559,673 -0.1% $142 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $559,990 -- $142 / 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 $10,815 $291,190 $91,940 $199,250
2023 $10,523 $291,190 $91,940 $199,250
2022 $10,127 $291,190 $91,940 $199,250
2021 $10,091 $291,190 $91,940 $199,250
2020 $10,038 $291,190 $91,940 $199,250
2019 $9,881 $287,110 $91,940 $195,170
2018 $908 $26,370 $26,370 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2056098

Bright MLS

APN: 30-003-0121.0000