NOT LISTED FOR SALE

507 Major John Way Unit 137 Frazer, PA 19355

Spring Oak Neighborhood

Estimated Value: $1,296,648 - $1,372,000

4 Beds
3.5 Baths
5,554 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $1,217,531 $219 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,827/month

45 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • Cathedral Ceiling
  • Charlestown Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2022

Brokers warmly welcome. Must accompany clients on their first visit.

Sales office located at 136 Spring Oak Drive, Malvern, PA. This Peyton home will be ready to move in Summer 2022! There is still time to choose design options!

NEW CONSTRUCTION. This inviting and popular Peyton single family home in our Spring Oak development, with full brick front, porch with metal roof, and HardiePlank siding. is available with design options! A dramatic entrance showcasing a turned staircase, formal living and dining room complete with a butler pantry. A two-story great room, chef's kitchen, library with double-doors, four bedrooms and 3 full baths and a full basement rounds out the fantastic floor plan. Visit our Peyton model today.

Last Listed By

Betty Serfass

Fusion PHL Realty, LLC Listed on: 09/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,948

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,255 Sq Ft Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

HOA Fees

  • $281 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Laundry on main level
  • Attic

Kitchen

  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Exterior Lighting
  • Play Equipment
  • Porch

Schools

  • Great Valley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • 200+ Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash, health club
  • Built by JPO SPRING OAK, LP
  • Spring Oak Subdivision, Peyton Floorplan
  • Jpo Spring Oak, Lp Community

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,948

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$281 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Brokers warmly welcome. Must accompany clients on their first visit. Sales office located at 136 Spring Oak Drive, Malvern, PA. This Peyton home will be ready to move in Summer 2022! There is still time to choose design options! NEW CONSTRUCTION. This inviting and popular Peyton single family home in our Spring Oak development, with full brick front, porch with metal roof, and HardiePlank siding. is available with design options! A dramatic entrance showcasing a turned staircase, formal living and dining room complete with a butler pantry. A two-story great room, chef's kitchen, library with double-doors, four bedrooms and 3 full baths and a full basement rounds out the fantastic floor plan. Visit our Peyton model today.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Oven - Self Cleaning, Dishwasher, Disposal, Energy Efficient Appliances, Built-In Microwave, Range Hood, Water Heater - Tankless, Water Heater - High-Efficiency
  • Flooring Type: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stall Shower, Dining Area
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Library, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Drainage System, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 5554
  • Living Area Sq Ft: 5554
  • Price Per Sq Ft: 345.99
  • Above Grade Finished Sq Ft: 3519
  • Below Grade Finished Sq Ft: 2035
  • Total Below Grade Sq Ft: 2035
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Cement Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Play Equipment, Exterior Lighting
  • Roof: Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System, Central A/C
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned, Energy Star Heating System, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 281.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Health Club
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: GREAT VALLEY
  • High School: GREAT VALLEY
  • School District Key: 300200397337
  • School District Source: Listing Agent
  • High School: GREAT VALLEY

Green Features

  • Efficiency: Appliances, Construction, Hvac, Lighting

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7255.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: RES

Building Info

  • Builder Name: JPO SPRING OAK, LP

Rental Info

  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: 00000
  • Tax Year: 2021
  • Close Date: 08/29/2022

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Aug 18, 2022
Sold by
Jpo Spring Oak Lp
Bought by
Bennink David W and Bennink Francine Lorraine
Seller's Agent
Betty Serfass
Fusion PHL Realty, LLC
Buyer's Agent
Betty Serfass
Fusion PHL Realty, LLC
List Price
$962,665
Sold Price
$1,217,531
Premium/Discount to List
$254,866
26.48%
Total Days on Market
45
Current Estimated Value
$1,331,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,381
Avg. Annual Appreciation
5.58%
Original Mortgage
$525,000
Outstanding Balance
$505,826
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$903,094

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
Bennink David W $1,219,228 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennink David W $525,000
Previous Owner Jpo Spring Oak Lp $9,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $1,217,531 0.0% $219 / Sq Ft
06/27/2022 06/27/22 Price Changed $1,217,531 +17.2% $219 / Sq Ft
11/08/2021 11/08/21 Price Changed $1,039,270 +8.0% $187 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $962,665 -- $173 / 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 $13,948 $481,600 $94,600 $387,000
2023 $13,591 $481,600 $94,600 $387,000
2022 $1,729 $62,510 $62,510 $0
2021 $1,695 $62,510 $62,510 $0
2020 $1,667 $62,510 $62,510 $0
2019 $2,735 $62,510 $62,510 $0
2018 $1,620 $62,510 $62,510 $0
Source: Public Records

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Source: Bright MLS

MLS Number: PACT2008312

Bright MLS

APN: 35-004-0344.0000