NOT LISTED FOR SALE

500 Fellowship Rd Chester Springs, PA 19425

Estimated Value: $1,793,167

1 Bed
1.5 Baths
30,000 Sq Ft
$60/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $1,500,000 $50 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,212/month

169 Days on Market

Highlights

  • Guest House
  • Horse Facilities
  • 9.5 Acre Lot
  • Pickering Valley Elementary Rated A
  • Indoor Arena
  • Deck

About This Home

As of October 2022

The state of the art equestrian center and barn with indoor arena at 500 Fellowship Rd. is now available as a standalone 9.5 acre parcel. Turn-key for equestrian use with 10 main stalls and 2-4 outdoor stalls. The property offers many possibilities at an undeniable location, sitting in a beautiful neighborhood between Rt. 401 and Rt. 100, close to the PA Turnpike. Owner has retired their horses and is looking to sell the property as-is to the right buyer. Owner would also be open to a long term ground lease for the entire property.

Please click the link for a virtual tour to see a preview for yourself.

Last Agent to Sell the Property

Chase Gunther

Zommick McMahon Commercial Real Estate License #RS322878 Listed on: 05/03/2022

Last Buyer's Agent

Chase Gunther

Zommick McMahon Commercial Real Estate License #RS322878 Listed on: 05/03/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,020

Year Built

  • Built in 2008

Lot Details

  • 9.5 Acre Lot
  • Property is Fully Fenced
  • 7 Acres are fenced
  • Corner Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned AG, Please talk to Township

Parking

  • Driveway

Home Design

  • Farm
  • Metal Roof

Interior Spaces

  • 30,000 Sq Ft Home
  • Property has 2 Levels
  • Combination Dining and Living Room
  • Carpet
  • Galley Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower

Home Security

  • Home Security System
  • Flood Lights

Outdoor Features

  • Deck
  • Exterior Lighting

Farming

  • Center Aisle Barn
  • 7 Acres of Pasture
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Indoor Arena
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Additional Features

  • Guest House
  • Flood Risk

Listing and Financial Details

  • Tax Lot 0013.0600
  • Clean and Green
  • Assessor Parcel Number 32-02 -0013.0600

Community Details

Overview

  • No Home Owners Association
  • Built by Hoover Construction
  • Chester Springs Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Horse Facilities

Property Details

Property Type

Other

Est. Annual Taxes

$5,020

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Farm
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Remarks Public: The state of the art equestrian center and barn with indoor arena at 500 Fellowship Rd. is now available as a standalone 9.5 acre parcel. Turn-key for equestrian use with 10 main stalls and 2-4 outdoor stalls. The property offers many possibilities at an undeniable location, sitting in a beautiful neighborhood between Rt. 401 and Rt. 100, close to the PA Turnpike. Owner has retired their horses and is looking to sell the property as-is to the right buyer. Owner would also be open to a long term ground lease for the entire property. Please click the link for a virtual tour to see a preview for yourself.
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Carpet, Combination Dining/Living, Kitchen - Galley, Tub Shower, Store/Office
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Main Floor, Common
  • Total Sq Ft: 30000
  • Living Area Sq Ft: 30000
  • Price Per Sq Ft: 51.67
  • Above Grade Finished Sq Ft: 30000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Riding Ring, Indoor Arena, Horse Stable, Guest House, Center Aisle, Barn/Stable
  • Construction Materials: Mixed
  • Exterior Features: Exterior Lighting, Flood Lights
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Propane
  • Water Source: Private
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: Yes

Lot Info

  • Horses: Yes
  • Crops Included: No
  • Farm Features: Security System
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Fenced Acres: 7.00
  • Fencing: Fully
  • Horse Amenities: Arena, Riding Ring, Stable(s), Horses Allowed, Paddock
  • Improvement Assessed Value: 146840.00
  • Land Assessed Value: 3860.00
  • Land Use Code: R80
  • Lot Features: Backs To Trees, Cleared, Corner
  • Lot Size Acres: 9.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 413820.00
  • Outdoor Living Structures: Deck(s)
  • Pasture Acres: 7.00
  • Year Assessed: 2022
  • Zoning: AG
  • Zoning Description: Please talk to Township
  • Farmland Preservation: No

Building Info

  • Builder Name: Hoover Construction

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 278727
  • School Tax: 4178.00
  • Tax Annual Amount: 5020.00
  • Assessor Parcel Number: 32-02 -0013.0600
  • Tax Lot: 0013.0600
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2022
  • Close Date: 10/24/2022

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2015
Sold by
Gunther Charles and Gunther Michele
Bought by
Gunther Michele
Current Estimated Value
$1,793,167

Purchase Details

Closed on
Mar 22, 2007
Sold by
Gunther Fred
Bought by
Gunther Charles and Gunther Michele

Purchase Details

Closed on
Nov 21, 2001
Sold by
Shontz Larry and Seibert Mary S
Bought by
Gunther Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gunther Michele -- None Available
Gunther Charles -- None Available
Gunther Fred $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunther Michele S $550,000
Open Gunther Charles F $1,025,000
Closed Gunther Charles $265,000
Closed Gunther Charles $770,000
Closed Gunther Charles $770,000
Closed Gunther Fred $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $1,500,000 -3.2% $50 / Sq Ft
05/03/2022 05/03/22 For Sale $1,550,000 -- $52 / 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 $5,296 $226,350 $79,510 $146,840
2024 $5,296 $226,350 $79,510 $146,840
2023 $5,145 $226,350 $79,510 $146,840
2022 $5,020 $226,350 $79,510 $146,840
2021 $4,938 $226,350 $79,510 $146,840
2020 $4,911 $226,350 $79,510 $146,840
2019 $4,911 $226,350 $79,510 $146,840
2018 $4,911 $226,350 $79,510 $146,840
2017 $4,911 $226,350 $79,510 $146,840
2016 $4,781 $226,350 $79,510 $146,840
2015 $4,781 $226,350 $79,510 $146,840
2014 $4,781 $226,350 $79,510 $146,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT2023714

Bright MLS

APN: 32-002-0013.0600