NOT LISTED FOR SALE

492 Major John Way Malvern, PA 19355

Estimated Value: $880,000 - $953,000

3 Beds
2.5 Baths
3,054 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $825,225 $270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,505/month

20 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Open Floorplan
  • Charlestown Elementary School Rated A
  • Gourmet Kitchen
  • Clubhouse

About This Home

As of May 2024

This stunning home will instantly excite you as you walk through your new front door experiencing the dramatic entrance showcasing true open concept living.With a truly maintenance free living lifestyle, the Traditional Neighborhood Development (TND) promotes a sense of community not usually experienced in today's suburban developments. Spring Oak offers carefree living that has something for everyone; swimming pool, fitness center, walking trails, basketball court, bocce ball, community garden and state-of-the-art clubhouse. The design center has a beautiful display of these high ended selected finishes; such as Hardie Plank siding on all sides and real window shutters. Photos may vary from home. This home is available for end of year delivery.Photos may vary from home. Price is based on time of deposit and contract within the required period of time. Prices and terms of the sale subject to change without notice.

Last Agent to Sell the Property

Nicole Marcum Rife

Compass RE License #RS306682 Listed on: 02/03/2024

Compass RE

Last Buyer's Agent

Sue Liu

RE/MAX Plus License #RS348377

RE/MAX Plus

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,730 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $471 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 3,054 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Deck

Schools

  • Charlestown Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 0400
  • Assessor Parcel Number 35-04 -0400

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, lawn maintenance, pool(s), recreation facility, snow removal, trash
  • Spring Oak Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room

Recreation

  • Fitness Center
  • Lap or Exercise Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,520

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$471 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Inclusions and upgrades are to be discussed directly with the in-house sales team of JP Orleans.
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: This stunning home will instantly excite you as you walk through your new front door experiencing the dramatic entrance showcasing true open concept living. With a truly maintenance free living lifestyle, the Traditional Neighborhood Development (TND) promotes a sense of community not usually experienced in today's suburban developments. Spring Oak offers carefree living that has something for everyone; swimming pool, fitness center, walking trails, basketball court, bocce ball, community garden and state-of-the-art clubhouse. The design center has a beautiful display of these high ended selected finishes; such as Hardie Plank siding on all sides and real window shutters. Photos may vary from home. This home is available for end of year delivery. Photos may vary from home. Price is based on time of deposit and contract within the required period of time. Prices and terms of the sale subject to change without notice.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Breakfast Area, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3054
  • Living Area Sq Ft: 3054
  • Price Per Sq Ft: 270.21
  • Above Grade Finished Sq Ft: 3054
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 492

Beds/Baths

  • Bedrooms: 3
  • 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: Stone, Hardiplank Type
  • Construction Completed: Yes
  • Roof: 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: Covered Parking, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA Fees: 471.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Fitness Center, Pool - Outdoor, Swimming Pool, Meeting Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Lap/Exercise

Schools

  • School District: GREAT VALLEY
  • Elementary School: CHARLESTOWN
  • Middle School: GREAT VALLEY M.S.
  • High School: GREAT VALLEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397337
  • School District Source: Listing Agent
  • Elementary School: CHARLESTOWN
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY M.S.

Lot Info

  • Land Use Code: V10
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2730.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1235.00
  • Tax Annual Amount: 1520.00
  • Assessor Parcel Number: 35-04 -0400
  • Tax Lot: 0400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/13/2024

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
May 13, 2024
Sold by
Jpo Spring Oak 2 Llc
Bought by
Zhang Lei and Zhao Nan
Seller's Agent
Nicole Marcum Rife
Compass RE
Buyer's Agent
Sue Liu
RE/MAX Plus
List Price
$825,225
Sold Price
$825,225
Views
14
Current Estimated Value
$900,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,876
Avg. Annual Appreciation
7.26%
Original Mortgage
$325,000
Interest Rate
6.88%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Zhang Lei $825,225 Surety Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zhang Lei $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $825,225 0.0% $270 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $825,225 -- $270 / 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 $1,560 $53,870 $53,870 --
2023 $1,446 $53,870 $53,870 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicole Marcum Rife

    Seller's Agent in 2024

    Nicole Marcum Rife

    Compass RE

    (484) 678-8131

    11 in this area

    354 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Sue Liu

    RE/MAX

    (267) 471-1045

    1 in this area

    46 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PACT2058618

Bright MLS

APN: 35-004-0400.0000

Pennsylvania Chester County Malvern 19355

492 Major John Way, Malvern, PA

This home is located at 492 Major John Way, Malvern, PA 19355 since 03 February 2024 and is currently estimated at $900,101, approximately $294 per square foot. This property was built in 2023. 492 Major John Way is a home located in Chester County with nearby schools including Charlestown Elementary School, Great Valley Middle School, and Great Valley High School.

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