$725,000 - $831,000
RENTED JAN 29, 2025

503 Cliff Ln Malvern, PA 19355

4 Beds
3.5 Baths
3,338 Sq Ft
$234 Price per Sq Ft

Last Sold June 14, 2018

Last sale price $589,990 $177 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,926/month

Highlights

  • Transitional Architecture
  • 2 Car Direct Access Garage
  • Gas Fireplace
  • Kathryn D. Markley El School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

503 Cliff Lane is an end unit Carriage Home with a finished basement and a fantastic view. This home was a former model and has all the extras. It is located in the popular Atwater community. 503 Cliff is adjacent to a walking trail, playground and dog park and has a beautiful view of Echo Lake. There are 4 bedrooms and 2 full bathrooms along with the laundry room on the second floor. The first floor is entered from the front door or the garage which has inside access and leads to the kitchen and/or powder room. The main floor has a large family room, open concept kitchen with access to the deck, in addition there a bonus space which can be used for dining, work or play. The large finished basement has a full bath and can accommodate all of your family's needs. Owner prefers a 2 year lease but will consider a 1 year. The Atwater community is best known for its convenient location just a few minutes from the PA Turnpike, Rt 202, Great Valley Corporate Center, Vanguard Business Campus, Wegmans, Target and other great shops. Minutes from the Paoli and Malvern Train stations and in the award winning Great Valley School District. The community also has a dog park, children's playground and walking paths that lead to the local township park.

Last Agent to Rent the Property

Grace Mengel

Tesla Realty Group, LLC License #SL3433213 Listed on: 01/26/2025

Tesla Realty Group, LLC

Last Renter's Agent

Maria Doyle

Compass RE License #RS315593

Compass RE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,335

Year Built

  • Built in 2018

Lot Details

  • 2,135 Sq Ft Lot

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,500
  • 12-Month Min and 24-Month Max Lease Term
  • Available 2/1/25
  • $50 Application Fee
  • Assessor Parcel Number 42-02 -0508

Community Details

Overview

  • Property has a Home Owners Association
  • Atwater Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis
  • $50 Monthly Pet Rent

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,335

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2025-02-01
  • Application Fee: 50.00
  • Monthly Pet Rent: 50.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 4500.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Transitional
  • Inclusions: Washer, Dryer Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-01-26
  • Federal Flood Zone: No
  • Year Built: 2018
  • Remarks Public: 503 Cliff Lane is an end unit Carriage Home with a finished basement and a fantastic view. This home was a former model and has all the extras. It is located in the popular Atwater community. 503 Cliff is adjacent to a walking trail, playground and dog park and has a beautiful view of Echo Lake. There are 4 bedrooms and 2 full bathrooms along with the laundry room on the second floor. The first floor is entered from the front door or the garage which has inside access and leads to the kitchen and/or powder room. The main floor has a large family room, open concept kitchen with access to the deck, in addition there a bonus space which can be used for dining, work or play. The large finished basement has a full bath and can accommodate all of your family's needs. Owner prefers a 2 year lease but will consider a 1 year. The Atwater community is best known for its convenient location just a few minutes from the PA Turnpike, Rt 202, Great Valley Corporate Center, Vanguard Business Campus, Wegmans, Target and other great shops. Minutes from the Paoli and Malvern Train stations and in the award winning Great Valley School District. The community also has a dog park, children's playground and walking paths that lead to the local township park.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3338
  • Living Area Sq Ft: 3338
  • Price Per Sq Ft: 1.81
  • Above Grade Finished Sq Ft: 2488
  • Below Grade Finished Sq Ft: 850
  • Total Below Grade Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • 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: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R55
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2135.00
  • Zoning: R55 RES TOWN HOUSE

Tax Info

  • Assessor Parcel Number: 42-02 -0508
  • Tax Total Finished Sq Ft: 3338
  • Close Date: 01/29/2025

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Oct 9, 2019
Sold by
Kang Jian and Yang Jing
Bought by
Kang Jian and Yang Jing
Seller's Agent
Grace Mengel
Tesla Realty Group, LLC
Buyer's Agent
Grace Mengel
Tesla Realty Group, LLC
Sold Price
$4,000
Current Estimated Value
$782,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,568

Purchase Details

Listed on
Apr 28, 2018
Closed on
Jun 12, 2018
Sold by
Nvr Inc
Bought by
Yang Jing and Kang Jian
Seller's Agent
Blair Dameron
NVR, INC.
Buyer's Agent
Blair Dameron
NVR, INC.
List Price
$604,990
Sold Price
$589,990
Premium/Discount to List
-$15,000
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$441,750
Outstanding Balance
$383,689
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$398,879
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
Kang Jian -- None Available
Yang Jing $589,990 Heritage Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Jing $441,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Rented $4,500 0.0% --
01/26/2025 01/26/25 For Rent $4,500 +8.4% --
08/28/2023 08/28/23 Rented $4,150 0.0% --
07/16/2023 07/16/23 Under Contract -- -- --
06/23/2023 06/23/23 Price Changed $4,150 -7.8% $1 / Sq Ft
05/01/2023 05/01/23 For Rent $4,500 +1.1% --
07/22/2021 07/22/21 Rented $4,450 +2.3% --
06/28/2021 06/28/21 Under Contract -- -- --
06/16/2021 06/16/21 For Rent $4,350 +8.8% --
09/24/2019 09/24/19 Rented $4,000 -11.1% --
08/17/2019 08/17/19 Price Changed $4,500 -6.3% $1 / Sq Ft
07/10/2019 07/10/19 For Rent $4,800 +6.7% --
05/12/2019 05/12/19 Rented $4,500 -6.3% --
02/06/2019 02/06/19 For Rent $4,800 0.0% --
06/14/2018 06/14/18 Sold $589,990 -2.5% $169 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $604,990 -- $174 / 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 $8,335 $290,870 $166,920 $123,950
2024 $8,335 $290,870 $166,920 $123,950
2023 $8,120 $290,870 $166,920 $123,950
2022 $7,957 $290,870 $166,920 $123,950
2021 $7,797 $290,870 $166,920 $123,950
2020 $7,669 $290,870 $166,920 $123,950
2019 $7,902 $302,660 $166,920 $135,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2089732

Bright MLS

APN: 42-002-0508.0000