NOT LISTED FOR SALE

506 Falcon Dr Kennett Square, PA 19348

Estimated Value: $755,000 - $860,000

4 Beds
3.5 Baths
3,176 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $475,000 $150 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,281/month

10 Days on Market

Highlights

  • In Ground Pool
  • 1 Acre Lot
  • Traditional Architecture
  • Kennett High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2016

506 Falcon is the epitome of the perfect house to raise a family! This beautiful home provides all that a family could hope for. Privacy is yours to enjoy as this home's cul-de-sac location is nestled at the far end of the very desirable Falcon's Lair Community. You will fall in love with the entertaining opportunities that this house has to offer. With just the right space and vibe you will enjoy the ability to host both big parties or small family gatherings of all kinds. The backyard features plenty of wide open space that backs to woods. The family will never be bored with all the activities that this house has to offer. From the double decker tree house in the woods, to the handmade play wall for soccer and lacrosse in the spacious open yard to playing with neighborhood families in the cul-de-sac, the family will be entertained for hours. But, the jewel of this home's backyard is the gorgeous in-ground Sullivan pool with custom design details and diving board. There is plenty of professionally landscaped decking for pool side games, lounging and sunbathing. Or, enjoy relaxing summer afternoons in the shade on the deck that overlooks it all. You will enjoy cooling off under the newly installed SunSetter retractable awning. Pride of ownership continues throughout this home's interior. The open floor plan offers a large eat-in kitchen featuring Bosch dishwasher and stunning granite countertops. Cathedral ceilings, gas fireplace and Bose surround sound speakers complete the family room. A first floor office with beautiful French doors allows you the convenience of working from home. The stacked living room and dining room provide plenty of formal entertainment space. Or, let the party flow into the spacious walk-out lower level that features a large living area, full bath and bedroom. When you are ready to retreat, the master bedroom will greet you with its spacious sitting area with stunning views of the backyard oasis. The master bath features a stall shower and separate oversized whirlpool tub. Enjoy close proximity to unique shops, boutiques and restaurants in downtown Kennett Square. Located just minutes from Route 1 and easy access to the state of Delaware.

Last Agent to Sell the Property

CHIARA CLEMENS

BHHS Fox & Roach-Kennett Sq Listed on: 06/20/2016

Last Buyer's Agent

Kathi Trapnell

Long & Foster Real Estate, Inc. License #R3-0018783

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,752

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned BR

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,176 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Kennett Middle School
  • Kennett High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, management
  • Falcons Lair Subdivision

Listing and Financial Details

  • Tax Lot 0022.4100
  • Assessor Parcel Number 62-06 -0022.4100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,752

Year Built

Built in 1998

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Refrigerator In Garage.
  • Inclusions: Washer/Dryer, Refrigerator.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Whirlpool/Hottub, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 16
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3176
  • Living Area Sq Ft: 3176
  • Net Sq Ft: 3176.00
  • Price Per Sq Ft: 151.10
  • Above Grade Finished Sq Ft: 3176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stucco
  • Access To Pool: Yes
  • Exterior Features: Exterior Lighting
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: KENNETT CONSOLIDATED
  • Middle School: KENNETT
  • High School: KENNETT
  • School District Key: 300200397335
  • High School: KENNETT
  • Middle Or Junior School: KENNETT

Lot Info

  • Land Use Code: R10
  • Lot Features: Cul-De-Sac, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: BR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9752.00
  • Assessor Parcel Number: 62-06 -0022.4100
  • Tax Lot: 0022.4100
  • Tax Year: 2016
  • Close Date: 08/11/2016

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 11, 2016
Sold by
Hutchinson Paul W
Bought by
Chrisbacher Peter and Chrisbacher Katherine A
Seller's Agent
CHIARA CLEMENS
BHHS Fox & Roach-Kennett Sq
Buyer's Agent
Kathi Trapnell
Long & Foster Real Estate, Inc.
List Price
$479,900
Sold Price
$475,000
Premium/Discount to List
-$4,900
-1.02%
Current Estimated Value
$802,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,097
Avg. Annual Appreciation
6.12%
Original Mortgage
$399
Outstanding Balance
$322
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$810,116

Purchase Details

Closed on
Mar 11, 2010
Sold by
Hutchison Paul W and Hutchison Jodi Ann
Bought by
Hutchison Paul W

Purchase Details

Closed on
Oct 15, 2001
Sold by
Knauer Kenneth H and Knauer Georgiann T
Bought by
Hutchison Paul W and Hutchison Jodi Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 30, 1998
Sold by
Summit At Falcon Associates Lp
Bought by
Knauer Kenneth H and Knauer Georgiann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.02%
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
Chrisbacher Peter $475,000 Attorney
Hutchison Paul W -- None Available
Hutchison Paul W $335,000 --
Knauer Kenneth H $272,709 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chrisbacher Peter $399
Previous Owner Hutchison Ii Paul W $369,000
Previous Owner Hutchison Ii Paul W $373,000
Previous Owner Hutchison Paul W $268,000
Previous Owner Knauer Kenneth H $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2016 08/11/16 Sold $475,000 -1.0% $150 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $479,900 -- $151 / 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
2024 $10,266 $251,750 $75,360 $176,390
2023 $10,067 $251,750 $75,360 $176,390
2022 $9,799 $251,750 $75,360 $176,390
2021 $9,651 $251,750 $75,360 $176,390
2020 $9,471 $251,750 $75,360 $176,390
2019 $9,344 $251,750 $75,360 $176,390
2018 $9,151 $251,750 $75,360 $176,390
2017 $9,812 $290,220 $75,360 $214,860
2016 $1,151 $290,220 $75,360 $214,860
2015 $1,151 $290,220 $75,360 $214,860
2014 $1,151 $290,220 $75,360 $214,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003575739

Bright MLS

APN: 62-006-0022.4100