NOT LISTED FOR SALE

502 Coates Ln King of Prussia, PA 19406

Estimated Value: $571,000 - $754,000

3 Beds
2.5 Baths
2,700 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $532,500 $197 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,275/month

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Candlebrook Elementary School Rated A
  • Deck
  • 3-minute walk to Bob Holland Memorial Park

About This Home

As of November 2021

Modern, Bright and Sophisticated, this custom home has it all! From the moment you walk in through the front door, you can see and feel the difference. This sundrenched end of row home features an open floor plan with 9 foot ceilings throughout and handcrafted coffered detail which adds depth and character to the first level living space. The first level of this home is an entertainers dream and features a dining room, family/living room, a gourmet kitchen with a 10' island, a powder room, a gas fireplace, a dry bar and a terrific patio for grilling and just hanging out. The second level includes the owners suite, 2 additional bedroom, the laundry room and hall bath. The owners suite has plenty of storage with 3 closets and features a beautiful bath with a double vanity. The lower level is a beautifully finished space the has direct access to the garage. This space is currently set up as a media room and office but with ample space and storage this area of the home gives you lots of options for you and your family. Parking won't be a problem for you or your guests as this home because it includes a 2 car attached garage (with direct access to the lower level space), a 2 car carport and additional parking spaces for guests in the private parking area located behind the property. Located on a quiet and beautiful street in the Upper Merion School District, this home is close to a local park with lots of room for the kids to play and it also features a nice running trail. The home has easy access to 76/476 and 202. It is close to the King of Prussia Mall and is just a short car ride or train trip to downtown Philadelphia. Schedule your showing today to see why this home should be your next home!

Last Agent to Sell the Property

Matthew Aragona

Compass RE License #2293844 Listed on: 09/12/2021

Compass RE

Co-Listed By

Jim Israel

Compass RE License #2549478

Last Buyer's Agent

Rachel Crowl-McGrath

Compass RE License #RS280576

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 2020

Lot Details

  • 3,744 Sq Ft Lot
  • Lot Dimensions are 32.00 x 0.00
  • Property is in excellent condition

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 12 Driveway Spaces
  • 2 Attached Carport Spaces
  • Parking Storage or Cabinetry
  • Rear-Facing Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck

Schools

  • Gulph Elementary School
  • Upper Merion Middle School
  • Upper Merion High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include snow removal, lawn maintenance
  • Mason 500 HOA
  • King Of Prussia Subdivision

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 58-00-20893-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,963

Year Built

Built in 2020

Lot Details

0

HOA Fees

$127 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-13
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Modern, Bright and Sophisticated, this custom home has it all! From the moment you walk in through the front door, you can see and feel the difference. This sundrenched end of row home features an open floor plan with 9 foot ceilings throughout and handcrafted coffered detail which adds depth and character to the first level living space. The first level of this home is an entertainers dream and features a dining room, family/living room, a gourmet kitchen with a 10' island, a powder room, a gas fireplace, a dry bar and a terrific patio for grilling and just hanging out. The second level includes the owners suite, 2 additional bedroom, the laundry room and hall bath. The owners suite has plenty of storage with 3 closets and features a beautiful bath with a double vanity. The lower level is a beautifully finished space the has direct access to the garage. This space is currently set up as a media room and office but with ample space and storage this area of the home gives you lots of options for you and your family. Parking won't be a problem for you or your guests as this home because it includes a 2 car attached garage (with direct access to the lower level space), a 2 car carport and additional parking spaces for guests in the private parking area located behind the property. Located on a quiet and beautiful street in the Upper Merion School District, this home is close to a local park with lots of room for the kids to play and it also features a nice running trail. The home has easy access to 76/476 and 202. It is close to the King of Prussia Mall and is just a short car ride or train trip to downtown Philadelphia. Schedule your showing today to see why this home should be your next home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Gourmet, Wet/Dry Bar, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 203.33
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Carport Spaces: 2
  • Garage: Yes
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Rear Entry, Inside Access
  • Attached Carport Spaces: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 16
  • Type Of Parking: Attached Garage, Attached Carport, Driveway
  • Number of Spaces in Driveway: 12

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 127.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Lawn Maintenance
  • HOA Name: MASON 500
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: UPPER MERION AREA
  • Elementary School: GULPH
  • Middle School: UPPER MERION
  • High School: UPPER MERION
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396617
  • School District Source: 3rd Party
  • Elementary School: GULPH
  • High School: UPPER MERION
  • Middle Or Junior School: UPPER MERION

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.09
  • Lot Dimensions: 32.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3744.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 22097979
  • School Tax: 4574.00
  • Tax Annual Amount: 5963.00
  • Assessor Parcel Number: 58-00-20893-009
  • Tax Lot: 028
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/16/2021

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Nov 11, 2021
Sold by
Johnson Marcus A and Johnson Kristina
Bought by
Barone Stephen
Seller's Agent
Matthew Aragona
Compass RE
Buyer's Agent
Rachel Crowl-McGrath
Compass RE
List Price
$575,000
Sold Price
$532,500
Premium/Discount to List
-$42,500
-7.39%
Current Estimated Value
$674,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,872
Avg. Annual Appreciation
5.74%
Original Mortgage
$494,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2019
Closed on
Mar 24, 2020
Sold by
Craft Custom Homes Llc
Bought by
Johnson Marcus A and Johnson Kristina
Seller's Agent
Binnie Bianco
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Jim Israel
Compass RE
List Price
$489,900
Sold Price
$489,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$507,536
Interest Rate
3.4%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Barone Stephen $532,500 New Title Company Name
Johnson Marcus A $489,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barone Stephen $494,000,000
Previous Owner Johnson Marcus A $507,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $532,500 -3.0% $197 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/11/2021 10/11/21 Price Changed $549,000 -2.8% $203 / Sq Ft
09/29/2021 09/29/21 Price Changed $565,000 -1.7% $209 / Sq Ft
09/12/2021 09/12/21 For Sale $575,000 +17.4% $213 / Sq Ft
03/31/2020 03/31/20 Sold $489,900 0.0% $181 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $489,900 -- $181 / 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 $6,665 $216,270 -- --
2024 $6,665 $216,270 -- --
2023 $6,428 $216,270 $0 $0
2022 $6,154 $216,270 $0 $0
2021 $5,963 $216,270 $0 $0
2020 $331 $12,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2010856

Bright MLS

APN: 58-00-20893-009