NOT LISTED FOR SALE

503 Falcon Dr Kennett Square, PA 19348

Estimated Value: $793,033 - $1,133,000

4 Beds
2.5 Baths
3,648 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $523,000 $143 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,667/month

Highlights

  • 1 Acre Lot
  • Traditional Architecture
  • Game Room
  • Kennett High School Rated A-
  • Wood Flooring
  • Den

About This Home

As of July 2019

After a long day, imagine driving along winding roads lined with lush landscape and trees. Within this private enclave of 53 homes in Falcon's Lair, embrace the beauty around you and know that your private oasis awaits you as you pull up to 503 Falcon Drive. This well maintained brick colonial is situated on a flat one-acre lot with mature landscaping and surrounding woods. The home opens into an expansive entranceway with cathedral ceiling and the first of 2 staircases to the upstairs. Pass by the home office and enter the spacious kitchen and family room area with ceiling extending to the second floor. Entertaining is a delight in the bright and airy kitchen featuring hardwood floors, white cabinetry, corian countertops and extra long center island. Dinnertime in the eat-in kitchen is delightful as you experience the crackling fire in the wood burning family room fireplace. Lounge with your morning coffee in the large sunroom off the kitchen or step outside onto the covered patio and relax as you take in the breathtaking sounds of nature all around. Surrounding paver stone flower beds bring color and beauty to this tranquil setting. The first floor is rounded out by the living room & dining rooms with hardwood floors and a convenient first floor laundry room off of the garage. Looking for a little more space for family activities? Have fun playing a game of pool in the finished basement or just simply relaxing in front of the tv. The large storage area can also be used as a workshop for crafting or home projects. A whole house central vacuum system makes housework a breeze. Ready to retire for the night? Retire to your spacious master suite with a wall of windows overlooking the back yard. There's plenty of storage space with separate his and her closets. The master bathroom features a soaking tub, stall shower and double sink vanity. There are three additional bedrooms upstairs and a full hall bath with double sinks and private access to one of the bedrooms. Come see for yourself how idyllic 503 Falcon Drive is and make this home your new oasis!

Last Agent to Sell the Property

Jill Taylor

(610) 731-4876 jill@taylorexperience.com Keller Williams Realty Devon-Wayne License #RS324642 Listed on: 05/15/2019

Keller Williams Realty Devon-Wayne

Co-Listed By

Doug Taylor

(484) 358-7300 doug@taylorexperience.com Keller Williams Realty Devon-Wayne License #RS324641

Last Buyer's Agent

Scott Patrick

(302) 218-5059 scott.patrick@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,836

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Property is zoned BR

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,648 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Game Room
  • Storage Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater
  • On Site Septic

Community Details

  • Association fees include common area maintenance
  • Falcons Lair HOA, Phone Number (610) 444-3032
  • Falcons Lair Subdivision

Listing and Financial Details

  • Tax Lot 0022.3800
  • Assessor Parcel Number 62-06 -0022.3800

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,836

Year Built

Built in 1998

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: washer, dryer, kitchen refrigerator, dining room mirror, cuckoo clock, hanging tapestries
  • Home Warranty: No
  • Inclusions: laundry fridge, microwave, dishwasher, oven, cooktop, electric fence, pool table. All in as is condition.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Remarks Public: After a long day, imagine driving along winding roads lined with lush landscape and trees. Within this private enclave of 53 homes in Falcon's Lair, embrace the beauty around you and know that your private oasis awaits you as you pull up to 503 Falcon Drive. This well maintained brick colonial is situated on a flat one-acre lot with mature landscaping and surrounding woods. The home opens into an expansive entranceway with cathedral ceiling and the first of 2 staircases to the upstairs. Pass by the home office and enter the spacious kitchen and family room area with ceiling extending to the second floor. Entertaining is a delight in the bright and airy kitchen featuring hardwood floors, white cabinetry, corian countertops and extra long center island. Dinnertime in the eat-in kitchen is delightful as you experience the crackling fire in the wood burning family room fireplace. Lounge with your morning coffee in the large sunroom off the kitchen or step outside onto the covered patio and relax as you take in the breathtaking sounds of nature all around. Surrounding paver stone flower beds bring color and beauty to this tranquil setting. The first floor is rounded out by the living room & dining rooms with hardwood floors and a convenient first floor laundry room off of the garage. Looking for a little more space for family activities? Have fun playing a game of pool in the finished basement or just simply relaxing in front of the tv. The large storage area can also be used as a workshop for crafting or home projects. A whole house central vacuum system makes housework a breeze. Ready to retire for the night? Retire to your spacious master suite with a wall of windows overlooking the back yard. There's plenty of storage space with separate his and her closets. The master bathroom features a soaking tub, stall shower and double sink vanity. There are three additional bedrooms upstairs and a full hall bath with double sinks and private access to one of the bedrooms. Come see for yourself how idyllic 503 Falcon Drive is and make this home your new oasis!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Breakfast Room, Laundry, Office, Storage Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 70.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 3648
  • Living Area Sq Ft: 3648
  • Price Per Sq Ft: 143.91
  • Above Grade Finished Sq Ft: 3648
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: FALCONS LAIR
  • HOA Phone: 610-444-3032
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 189640.00
  • Land Assessed Value: 75360.00
  • Land Use Code: R10
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2019
  • Zoning: BR

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 374190
  • School Tax: 8069.00
  • Tax Annual Amount: 9836.00
  • Assessor Parcel Number: 62-06 -0022.3800
  • Tax Lot: 0022.3800
  • Tax Total Finished Sq Ft: 3648
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/17/2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 12, 2019
Sold by
Lattanzio Joseph F and Lattanzio Deborah J
Bought by
Bardenhagen Eric K and Bardenhagen Rebecca M
Seller's Agent
Jill Taylor
Keller Williams Realty Devon-Wayne
Buyer's Agent
Scott Patrick
Compass
List Price
$525,000
Sold Price
$523,000
Premium/Discount to List
-$2,000
-0.38%
Current Estimated Value
$886,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,758
Avg. Annual Appreciation
8.87%
Original Mortgage
$288,300
Outstanding Balance
$248,810
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,948

Purchase Details

Closed on
Jun 29, 2009
Sold by
Primacy Closing Corporation
Bought by
Lattanzio Joseph F and Lattanzio Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Trent George E and Trent Debra C
Bought by
Primacy Closing Corporation

Purchase Details

Closed on
Jul 21, 1998
Sold by
Summit At Falcon Associates Lp
Bought by
Trent George E and Trent Debra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Bardenhagen Eric K $523,000 Madison Settlement Services
Lattanzio Joseph F $500,000 None Available
Primacy Closing Corporation $500,000 None Available
Trent George E $313,762 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bardenhagen Eric K $288,300
Previous Owner Lattanzio Joseph F $400,000
Previous Owner Trent George E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2019 07/17/19 Sold $523,000 -0.4% $143 / Sq Ft
05/15/2019 05/15/19 For Sale $525,000 -- $144 / 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 $10,806 $265,000 $75,360 $189,640
2024 $10,806 $265,000 $75,360 $189,640
2023 $10,597 $265,000 $75,360 $189,640
2022 $10,314 $265,000 $75,360 $189,640
2021 $10,159 $265,000 $75,360 $189,640
2020 $9,969 $265,000 $75,360 $189,640
2019 $9,836 $265,000 $75,360 $189,640
2018 $9,632 $265,000 $75,360 $189,640
2017 $8,960 $265,000 $75,360 $189,640
2016 $1,051 $265,000 $75,360 $189,640
2015 $1,051 $265,000 $75,360 $189,640
2014 $1,051 $265,000 $75,360 $189,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT479030

Bright MLS

APN: 62-006-0022.3800