NOT LISTED FOR SALE

497 Lee Place Exton, PA 19341

Estimated Value: $778,000 - $796,000

4 Beds
3.5 Baths
2,997 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $689,000 $230 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,073/month

1 Day on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • Mary C Howse Elementary School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of June 2022

Welcome to 497 Lee Place, a beautiful 4 bed, 3.5 bath recently built townhouse in sought after Exton! Enter the home into the foyer with tall ceilings and hardwood floors. Continue into the gorgeous kitchen with granite countertops, a large island, all stainless steel appliances, a wall oven, pantry closet, soft close cabinets and an open concept to the living room. Bright living room offers the perfect place to relax by the gas fireplace. Enjoy the convenience of a first floor master bedroom filled with natural light through the many windows with a walk-in closet and expansive en-suite with granite countertops, double sinks, large glass shower and tile floor. A powder room, laundry room and access to the 2-car garage complete the main level. Arrive at the upper level to a spacious loft with recessed lighting and views down to the lower level, a great flex space for games, a home office or whatever you can imagine! Next, you will find a secondary master bedroom with recessed lighting, a walk-in closet, regular closet and en-suite with double sink, granite countertops, shower stall and upgraded cabinets. Two additional bedrooms and a hall full bath can also be found on this level. This great home is conveniently located within quick access to major roadways, and close to great local shopping, dining, the train station and more! Do not miss out on this opportunity!

Last Agent to Sell the Property

Thomas Toole III

RE/MAX Main Line-West Chester License #RS228901 Listed on: 05/06/2022

RE/MAX Main Line-West Chester

Co-Listed By

Zahra Saleh

RE/MAX Main Line-West Chester License #RS361606

Last Buyer's Agent

Enjamuri Swamy

Realty Mark Cityscape-Huntingdon Valley License #1860599

Realty Mark Cityscape-Huntingdon Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,993

Year Built

  • Built in 2021

Lot Details

  • 4,165 Sq Ft Lot
  • Backs To Open Common Area
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in excellent condition

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,997 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • Transom Windows
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Loft

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Windows

Home Security

Schools

  • Mary C. Howse Elementary School
  • Pierce Middle School
  • Henderson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1690
  • Assessor Parcel Number 41-05 -1690

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal
  • Waterloo Reserve Community Association, Phone Number (610) 363-1322
  • Waterloo Reserve Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,993

Year Built

Built in 2021

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Dishwasher, Microwave, Washer & Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-06
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 497 Lee Place, a beautiful 4 bed, 3.5 bath recently built townhouse in sought after Exton! Enter the home into the foyer with tall ceilings and hardwood floors. Continue into the gorgeous kitchen with granite countertops, a large island, all stainless steel appliances, a wall oven, pantry closet, soft close cabinets and an open concept to the living room. Bright living room offers the perfect place to relax by the gas fireplace. Enjoy the convenience of a first floor master bedroom filled with natural light through the many windows with a walk-in closet and expansive en-suite with granite countertops, double sinks, large glass shower and tile floor. A powder room, laundry room and access to the 2-car garage complete the main level. Arrive at the upper level to a spacious loft with recessed lighting and views down to the lower level, a great flex space for games, a home office or whatever you can imagine! Next, you will find a secondary master bedroom with recessed lighting, a walk-in closet, regular closet and en-suite with double sink, granite countertops, shower stall and upgraded cabinets. Two additional bedrooms and a hall full bath can also be found on this level. This great home is conveniently located within quick access to major roadways, and close to great local shopping, dining, the train station and more! Do not miss out on this opportunity!
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Disposal, Dryer, Oven - Self Cleaning, Oven - Wall, Oven/Range - Gas, Stainless Steel Appliances, Washer, Water Heater, Range Hood
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung, Transom
  • Fireplace Features: Gas/Propane, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Loft, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full, Interior Access, Unfinished, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 2997
  • Living Area Sq Ft: 2997
  • Price Per Sq Ft: 220.22
  • Above Grade Finished Sq Ft: 2997
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 497

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle, Pitched
  • View: Garden/Lawn, Trees/Woods
  • 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 235.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA Name: WATERLOO RESERVE COMMUNITY ASSOCIATION
  • HOA Phone: 610-363-1322
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WEST CHESTER AREA
  • Elementary School: MARY C. HOWSE
  • Middle School: PIERCE
  • High School: HENDERSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397342
  • School District Source: Listing Agent
  • Elementary School: MARY C. HOWSE
  • High School: HENDERSON
  • Middle Or Junior School: PIERCE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 228150.00
  • Land Assessed Value: 64350.00
  • Land Use Code: R55
  • Lot Features: Backs - Open Common Area, Backs To Trees, Front Yard, Rear Yard
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4165.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16655636
  • School Tax: 6453.00
  • Tax Annual Amount: 7993.00
  • Assessor Parcel Number: 41-05 -1690
  • Tax Lot: 1690
  • Tax Total Finished Sq Ft: 2997
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/16/2022

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Calatlantic Group Inc
Bought by
Gacheru Hilda and Gacheru Stephen
Current Estimated Value
$774,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,990
Outstanding Balance
$468,476
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$315,370
Source: Public Records

Range of Values:

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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
Gacheru Hilda $649,990 Lennar Closing Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gacheru Hilda $519,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $689,000 +4.4% $230 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $660,000 -- $220 / 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 $7,440 $256,680 $64,350 $192,330
2023 $8,103 $292,500 $64,350 $228,150
2022 $7,993 $292,500 $64,350 $228,150
2021 $692 $25,710 $25,710 $0
2020 $688 $25,710 $25,710 $0
2019 $678 $25,710 $25,710 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2022224

Bright MLS

APN: 41-005-1690.0000