NOT LISTED FOR SALE

503 Reservoir Rd West Chester, PA 19380

Estimated Value: $906,000 - $1,092,000

4 Beds
3.5 Baths
4,090 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $699,000 $171 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,908/month

Highlights

  • 1.6 Acre Lot
  • Colonial Architecture
  • No HOA
  • East Goshen Elementary School Rated A
  • 2 Fireplaces
  • Central Air

About This Home

As of January 2021

Immaculate Center Hall Colonial, shows like a model home! Living room w/fireplace. Den/office, large formal Dining Room. Large Eat-in-Kitchen, powder room, family room w/fireplace. Private rear yard and large patio perfect for outdoor entertaining. All hardwood floors. Second floor features large Master Suite with full tile bath plus large closets. Three additional nice size bedrooms and hall tile bath. Lower level is completely finished with shower. 2 car garage w/storage. Driveway parking for seven cars. Quick possession available. Many extra's included. Call agent for a personal tour of this exceptional home.

Last Agent to Sell the Property

Joseph Sciarrino

(610) 299-1731 joesciarrino@verizon.net Long & Foster Real Estate, Inc. Listed on: 10/16/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gary Mercer

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

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,555

Year Built

  • Built in 1988

Lot Details

  • 1.6 Acre Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Goodwin Acres Subdivision

Listing and Financial Details

  • Tax Lot 0111.0100
  • Assessor Parcel Number 53-04 -0111.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,555

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-16
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Immaculate Center Hall Colonial, shows like a model home! Living room w/fireplace. Den/office, large formal Dining Room. Large Eat-in-Kitchen, powder room, family room w/fireplace. Private rear yard and large patio perfect for outdoor entertaining. All hardwood floors. Second floor features large Master Suite with full tile bath plus large closets. Three additional nice size bedrooms and hall tile bath. Lower level is completely finished with shower. 2 car garage w/storage. Driveway parking for seven cars. Quick possession available. Many extra's included. Call agent for a personal tour of this exceptional home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4090
  • Living Area Sq Ft: 4090
  • Price Per Sq Ft: 225.48
  • Above Grade Finished Sq Ft: 3100
  • Below Grade Finished Sq Ft: 990
  • Total Below Grade Sq Ft: 990
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well, Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 204330.00
  • Land Assessed Value: 72590.00
  • Land Use Code: R10
  • Lot Size Acres: 1.60
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 69700.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 347740
  • School Tax: 5999.00
  • Tax Annual Amount: 7555.00
  • Assessor Parcel Number: 53-04 -0111.0100
  • Tax Lot: 0111.0100
  • Tax Total Finished Sq Ft: 4090
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/07/2021

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 6, 2021
Sold by
Ricciuti Richard F and Cortese Anna Marie
Bought by
Muller Brian E and Muller Sarah E
Seller's Agent
Joseph Sciarrino
Long & Foster Real Estate, Inc.
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$999,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,992
Avg. Annual Appreciation
7.73%
Original Mortgage
$629,100
Outstanding Balance
$561,474
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$438,518

Purchase Details

Listed on
Mar 23, 2012
Closed on
Jul 27, 2012
Sold by
Sakel Barbara A
Bought by
Ricciuti Richard F and Cortese Anna Marie
Seller's Agent
Tony Dahm
EXP Realty, LLC
Buyer's Agent
John Spognardi
RE/MAX Signature
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$414,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Sakel Robert and Sakel Barbara A
Bought by
Sakel Barbara A

Purchase Details

Closed on
Jul 30, 1996
Sold by
Pace Ronald A and Pace Teresa A
Bought by
Sakel Robert and Sakel Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.8%
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
Muller Brian E $699,000 Brendan Abstract Company Inc
Ricciuti Richard F $460,000 None Available
Sakel Barbara A -- --
Sakel Robert $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller Brian E $629,100
Previous Owner Ricciuti Richard F $414,000
Previous Owner Sakel Robert $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2021 01/07/21 Sold $699,000 0.0% $171 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $699,000 +52.0% $171 / Sq Ft
07/31/2012 07/31/12 Sold $460,000 -5.2% $112 / Sq Ft View Prior Sale
06/14/2012 06/14/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $485,000 -- $119 / 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 $7,958 $276,920 $72,590 $204,330
2024 $7,958 $276,920 $72,590 $204,330
2023 $7,958 $276,920 $72,590 $204,330
2022 $7,715 $276,920 $72,590 $204,330
2021 $7,605 $276,920 $72,590 $204,330
2020 $7,555 $276,920 $72,590 $204,330
2019 $7,447 $276,920 $72,590 $204,330
2018 $7,284 $276,920 $72,590 $204,330
2017 $7,122 $276,920 $72,590 $204,330
2016 $7,435 $276,920 $72,590 $204,330
2015 $7,435 $276,920 $72,590 $204,330
2014 $7,435 $276,920 $72,590 $204,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT518976

Bright MLS

APN: 53-004-0111.0100