NOT LISTED FOR SALE

Estimated Value: $733,000 - $854,000

3 Beds
3.5 Baths
3,402 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $625,000 $184 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,199/month

8 Days on Market

Highlights

  • Loft
  • 1 Fireplace
  • Parking Storage or Cabinetry
  • Garnet Valley High School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of August 2022

A North-facing beauty rarely available in Town Centre Crossing. The Laurelton-model at Town Centre is spacious with almost 4000 square feet of usable living area. Within that area you will enjoy 3 bedrooms, 3 full baths, a powder room and a loft plus a study and fully finished basement with a home theatre/media room. 502 Drayton is filled with upgrades and the open floor plan is perfect for entertaining. The chef's kitchen includes a double oven, granite countertops, quality cabinetry and a Whirlpool stainless steel refrigerator (included in sale). The over-sized pantry has 2 sets of double doors and plenty of shelving to stay organized. There is also a first-floor laundry (front loading washer & dryer included in sale) adjacent to the mudroom and garage access plus a study just off the family room. The fully finished basement has a 3rd full bath plus the home theatre with projector, sub woofers and sound bar (all included in sale!) Upstairs the owner's suite has plenty of space for a king-sized bed plus dual sets of armoires and dressers. The 2 secondary bedrooms are both large with a walk-in closet in each. In addition to the 3 bedrooms, the second floor of this generously sized property also has a loft that can be used as a playroom, workout space or 4th bedroom. 502 Drayton is conveniently located near major routes to NJ, Delaware and Philadelphia (322, 202 and 1) as well as shopping, restaurants and entertainment. The original owners don't want to say good-bye but are listing their dream home for sale only due to employment relocation. Visit 502 Drayton and see for yourself all this beautiful home has to offer. "Buyer is responsible, at buyer's expense, for obtaining all tax & municipal certifications as well as U&O certificate required for settlement" - please include this language in your offer.

Drapes/curtains are not included in sale. Armoire in owner's suite is anchored to wall and is included in sale of home.

Property is available for quick sale & settlement within next 30 days

Last Agent to Sell the Property

Toni Lee Cavanagh

(610) 565-6040 tl.cavanagh@verizon.net Cavanagh Real Estate License #2188353 Listed on: 06/23/2022

Last Buyer's Agent

Gary Mercer

(610) 467-5319 garysr@garymercerteam.com LPT Realty, LLC License #RS164185L

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,137

Year Built

  • Built in 2017

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,402 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Loft
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Back Up Gas Heat Pump System
  • Natural Gas Water Heater

Community Details

  • $780 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • Town Centre Crossing Subdivision

Listing and Financial Details

  • Tax Lot 068-184
  • Assessor Parcel Number 13-00-00845-84

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,137

Year Built

Built in 2017

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-23
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Loft, Media Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3402
  • Living Area Sq Ft: 3402
  • Price Per Sq Ft: 189.56
  • Above Grade Finished Sq Ft: 3402
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • 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
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 780.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 338910.00
  • Land Assessed Value: 122850.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 8962259
  • School Tax: 8515.00
  • Tax Annual Amount: 10137.00
  • Assessor Parcel Number: 13-00-00845-84
  • Tax Lot: 068-184
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: GARNET VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 2, 2022
Sold by
Shreeram Keerthi
Bought by
Mukundan Prakash and Mukundan Divya Ayilur
Seller's Agent
Toni Lee Cavanagh
Cavanagh Real Estate
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$654,900
Sold Price
$625,000
Premium/Discount to List
-$29,900
-4.57%
Current Estimated Value
$789,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,977
Avg. Annual Appreciation
7.27%
Original Mortgage
$500,000
Outstanding Balance
$424,465
Interest Rate
4.83%
Mortgage Type
New Conventional
Estimated Equity
$365,512

Purchase Details

Closed on
Feb 7, 2017
Sold by
Lennar Ohb Llc
Bought by
Keerthi Shreeram and Sathappan Lakshmi Kalayappan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,992
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Ohb Homes Inc
Bought by
Lennar Ohb Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mukundan Prakash $625,000 Chesco Settlement Services Llc
Keerthi Shreeram $459,938 North American Title Agency
Lennar Ohb Llc $6,437,797 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mukundan Prakash $500,000
Previous Owner Keerthi Shreeram $347,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $625,000 -3.1% $184 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $644,900 -1.5% $190 / Sq Ft
06/23/2022 06/23/22 For Sale $654,900 -- $193 / 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 $10,513 $461,760 $122,850 $338,910
2024 $10,513 $461,760 $122,850 $338,910
2023 $10,251 $461,760 $122,850 $338,910
2022 $10,138 $461,760 $122,850 $338,910
2021 $17,046 $461,760 $122,850 $338,910
2020 $11,813 $298,959 $58,450 $240,509
2019 $11,638 $298,959 $58,450 $240,509
2018 $11,459 $298,959 $0 $0
2017 $2,195 $58,450 $0 $0
2016 $321 $58,450 $0 $0
2015 $327 $58,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2028556

Bright MLS

APN: 13-00-00845-84