NOT LISTED FOR SALE

506 Norris Ln Unit 4C West Chester, PA 19380

Estimated Value: $564,000 - $632,000

2 Beds
2.5 Baths
2,166 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $520,000 $240 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,078/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Den
  • Hillsdale Elementary School Rated A
  • Great Room
  • 1 Car Attached Garage

About This Home

As of September 2022

A rare opportunity to own a home in this small, private and exclusive, sought after enclave of homes known as Mayfield. The unique two bedroom, two and a half bath townhome is tucked away in the boro of West Chester yet an easy walk to the town center and all it's offerings. Walls of windows, open floor plan, attached garage and enclosed patio are just a few amenities found in this property. Double glass doors with sidelight windows and transom windows above welcome you to the two story foyer with gleaming hardwood floors and accent lighting. Open to the spacious Living Room with a wall of windows, recessed lights and a ceiling fan. A Dining Room with custom lights is open to the Great Room and Kitchen. The entire back of the house are windows and doors that access a private, fenced patio. A spacious Kitchen with handsome custom kitchen cabinets, Corian counters with sun filled transom windows and a vaulted ceiling is open to the Great Room with fireplace and outdoor access. The Laundry closet is located in the Kitchen with pantry storage. Entry to the deep one car garage and a Half Bath complete the main level. Upstairs the gracious Master Bedroom has a vaulted ceiling, recessed lights, ceiling fan, two large closets, one walk-in and a large ensuite Bathroom with a jacuzzi tub, water closet, double bowl vanity, separate shower plus linen closet. There is a generous size second bedroom and Full Hall Bathroom that complete the second floor. An unfinished Basement provides plenty of dry, clean storage space with a built-in storage closet. This community is one of West Chester boro's best kept secrets. New carpet throughout, light galore, it is a true retreat in the best location, location, location. Convenient to major highways and shopping in award winning West Chester School district with low taxes.

Last Agent to Sell the Property

Gail Rader

(484) 883-7285 gail.rader@foxroach.com BHHS Fox & Roach-West Chester License #RS274490 Listed on: 07/11/2022

BHHS Fox & Roach-West Chester

Last Buyer's Agent

Ginny Nagle

(484) 883-2709 ginny.nagle@exprealty.com EXP Realty, LLC License #AB068410

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,052

Year Built

  • Built in 1999

Lot Details

  • Property is in excellent condition

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,166 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Great Room
  • Living Room
  • Den
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0043.1200
  • Assessor Parcel Number 01-04 -0043.1200

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, trash
  • Mayfield Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,052

Year Built

Built in 1999

Lot Details

0

HOA Fees

$331 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: refrigerator, washer, dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-11
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: A rare opportunity to own a home in this small, private and exclusive, sought after enclave of homes known as Mayfield. The unique two bedroom, two and a half bath townhome is tucked away in the boro of West Chester yet an easy walk to the town center and all it's offerings. Walls of windows, open floor plan, attached garage and enclosed patio are just a few amenities found in this property. Double glass doors with sidelight windows and transom windows above welcome you to the two story foyer with gleaming hardwood floors and accent lighting. Open to the spacious Living Room with a wall of windows, recessed lights and a ceiling fan. A Dining Room with custom lights is open to the Great Room and Kitchen. The entire back of the house are windows and doors that access a private, fenced patio. A spacious Kitchen with handsome custom kitchen cabinets, Corian counters with sun filled transom windows and a vaulted ceiling is open to the Great Room with fireplace and outdoor access. The Laundry closet is located in the Kitchen with pantry storage. Entry to the deep one car garage and a Half Bath complete the main level. Upstairs the gracious Master Bedroom has a vaulted ceiling, recessed lights, ceiling fan, two large closets, one walk-in and a large ensuite Bathroom with a jacuzzi tub, water closet, double bowl vanity, separate shower plus linen closet. There is a generous size second bedroom and Full Hall Bathroom that complete the second floor. An unfinished Basement provides plenty of dry, clean storage space with a built-in storage closet. This community is one of West Chester boro's best kept secrets. New carpet throughout, light galore, it is a true retreat in the best location, location, location. Convenient to major highways and shopping in award winning West Chester School district with low taxes.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Den, Basement, Great Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2166
  • Living Area Sq Ft: 2166
  • Price Per Sq Ft: 253.92
  • Above Grade Finished Sq Ft: 2166
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 2
  • 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, 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 Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 992.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1500.00

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: 203260.00
  • Land Assessed Value: 31400.00
  • Land Use Code: R55
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 220365
  • School Tax: 5177.00
  • Tax Annual Amount: 8052.00
  • Assessor Parcel Number: 01-04 -0043.1200
  • Tax Lot: 0043.1200
  • Tax Total Finished Sq Ft: 2166
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/30/2022

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 30, 2022
Sold by
White John P
Bought by
Shultis Charles I and Shultis Sandra A
Seller's Agent
Gail Rader
BHHS Fox & Roach-West Chester
Buyer's Agent
Ginny Nagle
EXP Realty, LLC
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%
Current Estimated Value
$603,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,704
Avg. Annual Appreciation
5.03%
Original Mortgage
$170,000
Outstanding Balance
$163,014
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$440,690
Source: Public Records

Range of Values:

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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
Shultis Charles I $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shultis Charles I $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $520,000 -5.5% $240 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $550,000 -4.3% $254 / Sq Ft
07/11/2022 07/11/22 For Sale $575,000 -- $265 / 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 $6,566 $187,200 $31,400 $155,800
2024 $6,566 $187,200 $31,400 $155,800
2023 $8,140 $234,660 $31,400 $203,260
2022 $8,052 $234,660 $31,400 $203,260
2021 $7,888 $234,660 $31,400 $203,260
2020 $7,742 $234,660 $31,400 $203,260
2019 $7,650 $234,660 $31,400 $203,260
2018 $7,512 $234,660 $31,400 $203,260
2017 $7,375 $234,660 $31,400 $203,260
2016 $5,239 $234,660 $31,400 $203,260
2015 $5,239 $234,660 $31,400 $203,260
2014 $5,239 $234,660 $31,400 $203,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2027934

Bright MLS

APN: 01-004-0043.1200