$250,000
SOLD FEB 23, 2016

5 Raintree Rd Chadds Ford, PA 19317

2.4 Acres
$104,167 Price per Acre
104,544 Sq Ft Lot

Recently Sold

28% Below List Price

Highlights

  • 2.4 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Hillendale Elementary School Rated A

About This Lot

As of August 2025

Beautiful 2.4 acre building lot in Chadds Ford, PA, just past the Delaware border. Accessible from Raintree Rd and backing up to Cossart Manor Rd, the surrounding area is filled with by gorgeous original estates and newer luxury homes, all in the Unionville-Chadds Ford school system. Minutes from Wilmington and Kennett, the location is convenient to restaurants, shopping, major expressways, etc. The lot is open and spacious with mature perimeter trees, and a suggested optimal home site and architectural renderings by Bernardin Haber Holloway are available. Builder tie-in with award-winning Dewson construction ensures the highest quality construction for your custom home.

Last Agent to Sell the Property

Laird Bunch

Monument Sotheby's International Realty Listed on: 01/19/2016

Monument Sotheby's International Realty

Co-Listed By

Jack Clough

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Laird Bunch

Monument Sotheby's International Realty Listed on: 01/19/2016

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,765

Lot Details

  • 2.4 Acre Lot
  • Property is zoned R2

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Community Details

  • No Home Owners Association
  • Raintree Subdivision

Listing and Financial Details

  • Tax Lot 0082
  • Assessor Parcel Number 64-05 -0082

Property Details

Property Type

Land

Est. Annual Taxes

$2,765

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Beautiful 2.4 acre building lot in Chadds Ford, PA, just past the Delaware border. Accessible from Raintree Rd and backing up to Cossart Manor Rd, the surrounding area is filled with by gorgeous original estates and newer luxury homes, all in the Unionville-Chadds Ford school system. Minutes from Wilmington and Kennett, the location is convenient to restaurants, shopping, major expressways, etc. The lot is open and spacious with mature perimeter trees, and a suggested optimal home site and architectural renderings by Bernardin Haber Holloway are available. Builder tie-in with award-winning Dewson construction ensures the highest quality construction for your custom home.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 3.34
  • Street Number Modifier: 5

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

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

Schools

  • School District: UNIONVILLE-CHADDS FORD
  • School District Key: 300200397341

Lot Info

  • Lot Size Acres: 2.40
  • Lot Dimensions: 0X0, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104544.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 377236
  • Tax Annual Amount: 2765.00
  • Assessor Parcel Number: 64-05 -0082
  • Tax Lot: 0082
  • Tax Year: 2016
  • Close Date: 02/23/2016

MLS Schools

  • School District Name: UNIONVILLE-CHADDS FORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Aug 7, 2025
Sold by
Klingenberg Arnold T and Klingenberg Michele H
Bought by
Elkins David V and Elkins Daniele D
Seller's Agent
Katherine & John Matson
BHHS Fox & Roach-West Chester
Buyer's Agent
Victoria Dickinson
Patterson-Schwartz - Greenville
List Price
$2,899,000
Sold Price
$2,750,000
Premium/Discount to List
-$149,000
-5.14%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.32%
Original Mortgage
$2,337,500
Outstanding Balance
$2,337,500
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$499,076

Purchase Details

Listed on
Sep 9, 2022
Closed on
Mar 14, 2023
Sold by
H & S Construction & Supply Llc
Bought by
Klingenberg Arnold T and Klingenberg Michele Haser
Seller's Agent
Jacob Lipton
Coldwell Banker Realty
Buyer's Agent
Katherine & John Matson
BHHS Fox & Roach-West Chester
List Price
$2,400,000
Sold Price
$2,250,000
Premium/Discount to List
-$150,000
-6.25%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Jan 19, 2016
Closed on
Feb 23, 2016
Sold by
Castle Ben T and Castle Nikki K
Bought by
H & S Construction & Supply Llc
Seller's Agent
Laird Bunch
Monument Sotheby's International Realty
Buyer's Agent
Laird Bunch
Monument Sotheby's International Realty
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.51%

Purchase Details

Closed on
Jul 30, 2009
Sold by
Mateson Mark E and Smith Mateson Diane
Bought by
Castle Ben T and Castle Nikki K

Purchase Details

Closed on
Feb 23, 2009
Sold by
Mateson Mark E and Smith Mateson Diane
Bought by
Mateson Mark E and Smith Mateson Diane
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $2,750,000 None Listed On Document
Deed $2,250,000 Trident Land Transfer
Deed $250,000 Global Title Inc
Deed $299,900 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,337,500 New Conventional
Previous Owner $350,000 Construction
Previous Owner $1,000,000 Construction
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $2,750,000 -5.1% $267 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $2,899,000 +28.8% $281 / Sq Ft
03/14/2023 03/14/23 Sold $2,250,000 -6.3% $391 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
09/09/2022 09/09/22 For Sale $2,400,000 +860.0% $417 / Sq Ft
02/23/2016 02/23/16 Sold $250,000 -28.4% --
01/19/2016 01/19/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $349,000 -- --
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 $24,007 $631,900 $80,450 $551,450
2024 $24,007 $631,900 $80,450 $551,450
2023 $23,392 $636,140 $84,690 $551,450
2022 $3,049 $84,690 $84,690 $0
2021 $2,974 $84,690 $84,690 $0
2020 $2,966 $84,690 $84,690 $0
2019 $2,911 $84,690 $84,690 $0
2018 $2,902 $84,690 $84,690 $0
2017 $2,841 $84,690 $84,690 $0
2016 $336 $84,690 $84,690 $0
2015 $336 $84,690 $84,690 $0
2014 $336 $84,690 $84,690 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002376914

Bright MLS

APN: 64-005-0082.0000