Seller's Agent in 2020
Richard Downes
BHHS Fox & Roach
(484) 995-0919
31 Total Sales
Estimated Value: $675,000 - $717,000
3
Beds
2.5
Baths
2,028
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Fireplace
- 1 Car Attached Garage
- Roberts Elementary School Rated A
- Great Room
- Living Room
About This Home
As of April 2020Welcome to 505 Springbrook Lane Wayne, PA. This Well Maintained Brick Home is located in the charming cul-de-sac community of Springbrook This single family home is truly move in ready with a newer Kitchen ready to entertain.. Enter into a 2 story Foyer that welcomes you into a Spacious Great Room with a Wood Burning Fireplace and Sliding Doors out to a Deck that overlooks the rear level Yard. There is a serene stream and wooded area in the back with access to a walking path giving you a sense of complete tranquility and privacy. The Eat-In Kitchen, Formal Dining Room and Powder Room complete this level with updated new flooring throughout. The Lower Level boasts a great large Family Room perfect for a Pool Table or Home Theatre for movie night or to watch the big game . This Level is walk-out, with access to the rear Yard through a sliding door that leads to a Lovely Rear Patio. The Second floor features a Master Bedroom Suite with a Large Master Bathroom and Walk-In Closet including a soaking Jacuzzi tub. Two additional well sized Bedrooms, Large Hall Bath and Laundry center complete this level. 505 Springbrook Lane features a one car attached garage and New Heater. Located in the award winning Upper Merion School District, and Very Close to the New King of Prussia Town Center featuring outdoor Shopping, Trendy Restaurants and Open Spaces for gathering with friends It is considered the " State of the Art" Shopping Center in the area. Also nearby is the King of Prussia Mall, Lifetime Fitness along with access to all major roadways and public transportation. Locally, there are numerous parks and walking trails along with Valley Forge Park to enjoy the outdoors. Don't Miss This opportunity to call this lovely property Home !
Last Agent to Sell the Property
(484) 995-0919 richard.downes@foxroach.com BHHS Fox & Roach Wayne-Devon Listed on: 01/31/2020
Co-Listed By
(610) 812-5207 margueritadownes@aol.com BHHS Fox & Roach-Haverford License #RS176236L
Last Buyer's Agent
(610) 416-4669 Mark.Pulos@foxroach.com BHHS Fox & Roach Wayne-Devon License #RS287936
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,972
Year Built
- Built in 1988
Lot Details
- 3,556 Sq Ft Lot
- Lot Dimensions are 60.00 x 0.00
- Property is zoned R1
HOA Fees
- $260 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Side Facing Garage
Home Design
- Colonial Architecture
- Masonry
Interior Spaces
- 2,028 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Great Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- Springbrook Subdivision
Listing and Financial Details
- Tax Lot 106
- Assessor Parcel Number 58-00-17496-041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2020
Closed on
Apr 21, 2020
Sold by
Riesenbach Matthew and Riesenbach Julianna Michelle
Bought by
Cox Michael and Cox Jennifer D
Seller's Agent
Richard Downes
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Mark Pulos
BHHS Fox & Roach Wayne-Devon
List Price
$465,000
Sold Price
$415,000
Premium/Discount to List
-$50,000
-10.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,446
Avg. Annual Appreciation
9.53%
Original Mortgage
$373,500
Outstanding Balance
$330,247
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$366,199
Purchase Details
Listed on
Apr 6, 2018
Closed on
Aug 3, 2018
Sold by
Thompson Donna G
Bought by
Riesenbach Matthew and Riesenbach Julianna Michelle
Seller's Agent
Carol Muldoon
Weichert Realtors
Buyer's Agent
Paul Friedman
Keller Williams Main Line
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%
Original Mortgage
$378,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2003
Sold by
Richardson Daniel C and Richardson Leslie
Bought by
Thompson Donna G and Thompson Julian C
Purchase Details
Closed on
Aug 16, 1995
Sold by
The Llanfair House Inc
Bought by
Richardson Daniel C and Richardson Leslie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cox Michael | $415,000 | None Available | |
| Riesenbach Matthew | $420,000 | None Available | |
| Thompson Donna G | $389,900 | -- | |
| Richardson Daniel C | $223,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cox Michael | $373,500 | |
| Previous Owner | Riesenbach Matthew | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2020 04/28/20 | Sold | $415,000 | -10.8% | $205 / Sq Ft | |
| 03/01/2020 03/01/20 | Pending | -- | -- | -- | |
| 01/31/2020 01/31/20 | For Sale | $465,000 | +10.7% | $229 / Sq Ft | |
| 07/30/2018 07/30/18 | Sold | $420,000 | -4.5% | $207 / Sq Ft | View Prior Sale |
| 06/24/2018 06/24/18 | Pending | -- | -- | -- | |
| 05/03/2018 05/03/18 | Price Changed | $440,000 | -2.2% | $217 / Sq Ft | |
| 04/06/2018 04/06/18 | For Sale | $449,900 | -- | $222 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,822 | $221,350 | $74,690 | $146,660 |
| 2024 | $6,822 | $221,350 | $74,690 | $146,660 |
| 2023 | $6,580 | $221,350 | $74,690 | $146,660 |
| 2022 | $6,298 | $221,350 | $74,690 | $146,660 |
| 2021 | $6,103 | $221,350 | $74,690 | $146,660 |
| 2020 | $5,832 | $221,350 | $74,690 | $146,660 |
| 2019 | $5,733 | $221,350 | $74,690 | $146,660 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Downes
-
Marguerita Downes
Seller Co-Listing Agent in 2020
Marguerita Downes
BHHS Fox & Roach
(610) 812-5207
18 Total Sales
-
Mark Pulos
Buyer's Agent in 2020
Mark Pulos
BHHS Fox & Roach
(610) 416-4669
164 Total Sales
-
C
Seller's Agent in 2018
Carol Muldoon
Weichert Corporate
-
Paul Friedman
P
Buyer's Agent in 2018
Paul Friedman
Keller Williams Main Line
8 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC637372
APN: 58-00-17496-041
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