NOT LISTED FOR SALE

501 Falcon Dr Kennett Square, PA 19348

Estimated Value: $730,000 - $872,000

4 Beds
2.5 Baths
3,432 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $462,500 $135 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,232/month

38 Days on Market

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • Cathedral Ceiling
  • Kennett High School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2018

Welcome to 501 Falcon Drive in beautiful Falcon's Lair, a pretty neighborhood with rolling hills plus 50 acres of preserved Open Space. This brick-faced colonial near the end of the development is light and bright with hardwood floors, granite countertops, center island. Eating area of the kitchen is a lovely sunroom overlooking paver patio, private rear yard with view of Open Space! Family room features vaulted ceiling, built-ins, wood burning fireplace, and soaring windows. Additional room can be used as library, office or den. Moving upstairs to the master suite with tray ceiling, two walk-in closets, 12x11 sitting room, master bath with double sink,shower and large soaking tub. Three additional bedrooms and bath complete second level. Convenient to Delaware, Longwood Gardens and all that Kennett Square has to offer. Voted one of the Coolest Towns in America.

Last Agent to Sell the Property

Joyce Basciani

Beiler-Campbell Realtors-Kennett Square Listed on: 08/25/2017

Last Buyer's Agent

Jon Brouse

BHHS Fox & Roach-Jenkintown License #RS329496

BHHS Fox & Roach-Jenkintown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,812

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • West Facing Home
  • Open Lot
  • Sloped Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,432 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Sun or Florida Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Patio

Community Details

  • Association fees include common area maintenance
  • Falcons Lair Subdivision

Listing and Financial Details

  • Tax Lot 0022.3700
  • Assessor Parcel Number 62-06 -0022.3700

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,812

Year Built

Built in 1997

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Chandelier And Four Small Chandeliers
  • Inclusions: Refrigerator, Washer/Dryer, Dr Sconces, Study Sconces
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Welcome to 501 Falcon Drive in beautiful Falcon's Lair, a pretty neighborhood with rolling hills plus 50 acres of preserved Open Space. This brick-faced colonial near the end of the development is light and bright with hardwood floors, granite countertops, center island. Eating area of the kitchen is a lovely sunroom overlooking paver patio, private rear yard with view of Open Space! Family room features vaulted ceiling, built-ins, wood burning fireplace, and soaring windows. Additional room can be used as library, office or den. Moving upstairs to the master suite with tray ceiling, two walk-in closets, 12x11 sitting room, master bath with double sink,shower and large soaking tub. Three additional bedrooms and bath complete second level. Convenient to Delaware, Longwood Gardens and all that Kennett Square has to offer. Voted one of the Coolest Towns in America.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stall Shower, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Library, Bedroom 1, Sun/Florida Room, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Drainage System
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3432
  • Living Area Sq Ft: 3432
  • Net Sq Ft: 3432.00
  • Price Per Sq Ft: 139.83
  • Above Grade Finished Sq Ft: 3432
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas, Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335

Lot Info

  • Improvement Assessed Value: 195260.00
  • Land Assessed Value: 60550.00
  • Land Use Code: R10
  • Lot Features: Sloping, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 374189
  • Tax Annual Amount: 8812.00
  • Assessor Parcel Number: 62-06 -0022.3700
  • Tax Lot: 0022.3700
  • Tax Year: 2017
  • Close Date: 01/17/2018

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Frank Mark D and Gerace Alyssa L
Bought by
Frank Mark D and Frank Alyssa G
Current Estimated Value
$796,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2017
Closed on
Jan 17, 2018
Sold by
Mattleman Cathy A
Bought by
Frank Mark D and Gerace Alyssa L
Seller's Agent
Joyce Basciani
Beiler-Campbell Realtors-Kennett Square
Buyer's Agent
Jon Brouse
BHHS Fox & Roach-Jenkintown
List Price
$479,900
Sold Price
$462,500
Premium/Discount to List
-$17,400
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$424,100
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Summit At Falcon Associates Lp
Bought by
Mattleman Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,233
Interest Rate
7.19%
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
Frank Mark D -- Global Title Inc
Frank Mark D -- --
Mattleman Cathy A $276,541 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Mark D $380,000
Closed Frank Mark D $395,000
Closed Frank Mark D $404,000
Closed Frank Mark D $424,100
Previous Owner Mattleman Cathy A $173,681
Previous Owner Mattleman Cathy A $221,233
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $462,500 -3.6% $135 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $479,900 -- $140 / 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 $10,432 $255,810 $60,550 $195,260
2024 $10,432 $255,810 $60,550 $195,260
2023 $10,229 $255,810 $60,550 $195,260
2022 $9,957 $255,810 $60,550 $195,260
2021 $9,807 $255,810 $60,550 $195,260
2020 $9,623 $255,810 $60,550 $195,260
2019 $9,495 $255,810 $60,550 $195,260
2018 $9,298 $255,810 $60,550 $195,260
2017 $8,649 $255,810 $60,550 $195,260
2016 $1,014 $255,810 $60,550 $195,260
2015 $1,014 $255,810 $60,550 $195,260
2014 $1,014 $255,810 $60,550 $195,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000293495

Bright MLS

APN: 62-006-0022.3700