NOT LISTED FOR SALE

5 Indian Way Malvern, PA 19355

Estimated Value: $1,002,625 - $1,111,000

4 Beds
3.5 Baths
3,191 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $816,000 $256 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,295/month

Highlights

  • 2.5 Acre Lot
  • Colonial Architecture
  • No HOA
  • Sugartown Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of May 2021

Highest and best offers due by 8pm Monday 3/8/2021. Welcome to 5 Indian Way! This well-maintained beauty is located on a 2.5 acre lot on a private cul-de-sac in desirable Great Valley School District. This home boasts over 3,000 square feet of living space including a hard-to-find in-law or au pair suite on the first floor. Entering into the foyer, you are greeted by warm, refinished hardwood floors throughout the first floor. To the left is the family room complete with a bow window overlooking the spacious front yard, crown molding, recessed lighting and custom built-in bookshelves with cabinets for storage. Through the family room, you'll step down into the private study with an elegant wood-burning fireplace, custom built-ins, crown molding and a new sliding glass door leading out to the patio and backyard. This is perfect for a home office or home schooling. As you make your way to the rear of the house, you are welcomed into the warm and inviting updated kitchen. With quartz countertops, stainless appliances, cherry cabinets, family workstation plus a casual dining bar and a huge wall of cabinets for pantry storage, this kitchen has it all! Just off the kitchen and open to the family room is the large dining room. An impressive wall of windows overlooks the flat, expansive backyard and a door that opens out to the patio. This room is perfect for both formal or casual indoor/outdoor entertaining! Off of the kitchen is the mudroom with slate floors and hooks for coats and backpacks. The mudroom opens out onto the driveway for easy access for groceries and visitors. Completing the first floor is the coveted in-law or au pair suite! This expansive space has a full bathroom with a step-in shower, washer and dryer, a large walk-in closet, access to the backyard, and full hook-ups for a kitchenette. On the second floor, the master suite boasts ample closet space and an updated bathroom with vaulted ceiling, step-in tile shower with frameless glass door and a rustic vanity. Two huge bedrooms complete this floor and share the hall bathroom with a vanity and a tub/shower combination. On the third floor, there is another large bedroom plus two walk-in storage closets. The spacious basement features a washer and dryer and has plenty of room for additional storage. The secluded backyard provides year-round privacy and space to run and play, and the organic herb garden and perennial berry bushes will be a treat for adults and kids alike! All of this just minutes from the restaurants and local shopping in downtown West Chester and Malvern. This property is a gem!

Last Agent to Sell the Property

Meghan McGarrigle

(610) 350-9673 Meghan@BillMcGarrigleTeam.com Keller Williams Real Estate -Exton License #RS315833 Listed on: 03/06/2021

Keller Williams Real Estate -Exton

Last Buyer's Agent

Emily Withers

(484) 686-6078 emily.withers@compass.com HomeSmart Realty Advisors

HomeSmart Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,103

Year Built

  • Built in 1952

Lot Details

  • 2.5 Acre Lot

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,191 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Partial Basement

Bedrooms and Bathrooms

Schools

  • Sugartown Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0067
  • Assessor Parcel Number 54-02 -0067

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,103

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer, Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-03-06
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: Highest and best offers due by 8pm Monday 3/8/2021. Welcome to 5 Indian Way! This well-maintained beauty is located on a 2.5 acre lot on a private cul-de-sac in desirable Great Valley School District. This home boasts over 3,000 square feet of living space including a hard-to-find in-law or au pair suite on the first floor. Entering into the foyer, you are greeted by warm, refinished hardwood floors throughout the first floor. To the left is the family room complete with a bow window overlooking the spacious front yard, crown molding, recessed lighting and custom built-in bookshelves with cabinets for storage. Through the family room, you'll step down into the private study with an elegant wood-burning fireplace, custom built-ins, crown molding and a new sliding glass door leading out to the patio and backyard. This is perfect for a home office or home schooling. As you make your way to the rear of the house, you are welcomed into the warm and inviting updated kitchen. With quartz countertops, stainless appliances, cherry cabinets, family workstation plus a casual dining bar and a huge wall of cabinets for pantry storage, this kitchen has it all! Just off the kitchen and open to the family room is the large dining room. An impressive wall of windows overlooks the flat, expansive backyard and a door that opens out to the patio. This room is perfect for both formal or casual indoor/outdoor entertaining! Off of the kitchen is the mudroom with slate floors and hooks for coats and backpacks. The mudroom opens out onto the driveway for easy access for groceries and visitors. Completing the first floor is the coveted in-law or au pair suite! This expansive space has a full bathroom with a step-in shower, washer and dryer, a large walk-in closet, access to the backyard, and full hook-ups for a kitchenette. On the second floor, the master suite boasts ample closet space and an updated bathroom with vaulted ceiling, step-in tile shower with frameless glass door and a rustic vanity. Two huge bedrooms complete this floor and share the hall bathroom with a vanity and a tub/shower combination. On the third floor, there is another large bedroom plus two walk-in storage closets. The spacious basement features a washer and dryer and has plenty of room for additional storage. The secluded backyard provides year-round privacy and space to run and play, and the organic herb garden and perennial berry bushes will be a treat for adults and kids alike! All of this just minutes from the restaurants and local shopping in downtown West Chester and Malvern. This property is a gem!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3191
  • Living Area Sq Ft: 3191
  • Price Per Sq Ft: 235.04
  • Above Grade Finished Sq Ft: 3191
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

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: 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: GREAT VALLEY
  • Elementary School: SUGARTOWN
  • 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: SUGARTOWN
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 167760.00
  • Land Assessed Value: 98860.00
  • Land Use Code: R10
  • Lot Size Acres: 2.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 108900.00
  • Year Assessed: 2021
  • Zoning: RESI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 352761
  • School Tax: 5815.00
  • Tax Annual Amount: 7103.00
  • Assessor Parcel Number: 54-02 -0067
  • Tax Lot: 0067
  • Tax Total Finished Sq Ft: 3191
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/11/2021

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
May 11, 2021
Sold by
Mills Marvin L and Mills Sorayn C
Bought by
Palmer Rebekah L and Palmer Thomas E
Seller's Agent
Meghan McGarrigle
Keller Williams Real Estate -Exton
Buyer's Agent
Emily Withers
HomeSmart Realty Advisors
List Price
$750,000
Sold Price
$816,000
Premium/Discount to List
$66,000
8.8%
Current Estimated Value
$1,063,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,906
Avg. Annual Appreciation
6.19%
Original Mortgage
$701,760
Outstanding Balance
$635,970
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$427,936

Purchase Details

Listed on
Aug 27, 2015
Closed on
Nov 4, 2015
Sold by
Stiles Richard and Stiles Marilyn C
Bought by
Mills Marvin L and Mills Soraya C
Seller's Agent
Kathy McQuilkin
RE/MAX Professional Realty
Buyer's Agent
Nancy Radcliffe
Coldwell Banker Hearthside Realtors-Collegeville
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$558,750
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Dec 27, 1993
Sold by
Blender Edward and Blender Patricia M
Bought by
Stiles B Richard and Stiles Marilyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.11%

Purchase Details

Closed on
Dec 1, 1993
Bought by
Stiles Stiles B and Stiles Marilyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.11%
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
Palmer Rebekah L $816,000 Houwzer Title
Mills Marvin L $606,000 Title Services
Stiles B Richard $383,400 --
Stiles Stiles B $383,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Rebekah L $701,760
Previous Owner Mills Marvin L $558,750
Previous Owner Stiles B Richard $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2021 05/11/21 Sold $816,000 +8.8% $256 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $750,000 +24.0% $235 / Sq Ft
11/04/2015 11/04/15 Sold $605,000 +1.7% $190 / Sq Ft View Prior Sale
09/27/2015 09/27/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $595,000 -- $186 / 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 $7,596 $266,620 $98,860 $167,760
2024 $7,596 $266,620 $98,860 $167,760
2023 $7,399 $266,620 $98,860 $167,760
2022 $7,250 $266,620 $98,860 $167,760
2021 $7,103 $266,620 $98,860 $167,760
2020 $6,985 $266,620 $98,860 $167,760
2019 $6,917 $266,620 $98,860 $167,760
2018 $6,785 $266,620 $98,860 $167,760
2017 $6,785 $266,620 $98,860 $167,760
2016 $6,181 $266,620 $98,860 $167,760
2015 $6,181 $266,620 $98,860 $167,760
2014 $6,181 $266,620 $98,860 $167,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2000006

Bright MLS

APN: 54-002-0067.0000