NOT LISTED FOR SALE

Estimated Value: $385,000 - $456,489

3 Beds
1.5 Baths
1,710 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2022

Last sale price $365,000 $213 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,321 / mo

17 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Kennett High School Rated A-
  • 1 Fireplace
  • Zoned Heating and Cooling

About This Home

As of September 2022

Welcome to 507 Pennock! A rare find under $400K single family home with great condition in Kennett Square! This home is very charming and it has many updates throughout. The previous owner renovated in 2013 and put more upgrades in 2021, including new roof , radon remediation, and french drain in the basement. It also has a wood burning fireplace in the living room, formal dining, and a sunroom surrounded by large windows. It is located almost right next to the Longwood Gardens, close to historical Kennett Square, to major roadways, shopping & restaurants. It has a massive, open and leveled backyard. You will enjoy gardening and hosting gatherings with your friends and families. 16' x 10' shed is also included. Did I mention, right next to the living room, there's a sunroom with vaulted ceiling, two ceiling fans & newer carpet? It's perfect for an office, play room or Family Room. Go to the 2nd floor to find three bedrooms & a large full bathroom with tub/shower combo. Newer Heating & Central Air unit. Every window has been replaced plus the exterior walls & attic insulated for better efficiency. Kitchen has tile floors & lots of recessed lighting. Powder Room & Laundry Room/Mudroom just through the kitchen with a door leading to the finished deck that overlooks the large, open back yard. Step down to the Basement w/ basement doors could be used for storage if needed. Public sewer & water (house uses public water but private well is still hooked up to outside faucet for washing car or watering garden/grass!) Schedule a showing soon!

Last Agent to Sell the Property

Madoka Nishimura

(215) 376-4444 bsmith@realtymarkus.com Realty Mark Associates-CC License #1866944 Listed on: 07/24/2022

Last Buyer's Agent

Mary Ellen Detterline

(484) 712-0009 rnaimo70@msn.com RE/MAX Ace Realty

RE/MAX Ace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 1948

Lot Details

  • 13,738 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Wood Foundation
  • Block Foundation
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,710 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Schools

  • Kennett High School

Utilities

  • Zoned Heating and Cooling
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Orchard Ridge Subdivision

Listing and Financial Details

  • Tax Lot 0004
  • Assessor Parcel Number 61-06P-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,906

Year Built

Built in 1948

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-07-26
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Wood
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1710
  • Living Area Sq Ft: 1710
  • Price Per Sq Ft: 219.30
  • Above Grade Finished Sq Ft: 1710
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

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

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: KENNETT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89660.00
  • Land Assessed Value: 41270.00
  • Lot Size Acres: 0.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13738.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 371486
  • School Tax: 4173.00
  • Tax Annual Amount: 4906.00
  • Assessor Parcel Number: 61-06P-0004
  • Tax Lot: 0004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2022
Closed on
Sep 13, 2022
Sold by
Akemi Earle
Bought by
Hayes Ryan C and Hayes Julia M
Seller's Agent
Madoka Nishimura
Realty Mark Associates-CC
Buyer's Agent
Mary Ellen Detterline
RE/MAX Ace Realty
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
2
Current Estimated Value
$426,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,872
Avg. Annual Appreciation
4.46%
Original Mortgage
$346,750
Outstanding Balance
$330,576
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$96,296

Purchase Details

Listed on
Aug 17, 2021
Closed on
Nov 3, 2021
Sold by
Scott Ryan E and Scott Wendy C
Bought by
Earle Akemi
Seller's Agent
RYAN SCOTT
Long & Foster Real Estate, Inc.
Buyer's Agent
Madoka Nishimura
Realty Mark Associates-CC
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Cheng Ken Wah and Yang Wei
Bought by
Scott Ryan E and Scott Wendy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2000
Sold by
Spencer Keith R and Spencer Sue A
Bought by
Cheng Ken Wah and Yang Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
8.24%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Spencer Roy M and Spencer Jane A
Bought by
Spencer Keith R and Spencer Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayes Ryan C $365,000 --
Earle Akemi $360,000 None Available
Scott Ryan E $125,000 None Available
Cheng Ken Wah $127,000 --
Spencer Keith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Ryan C $346,750
Previous Owner Scott Ryan E $112,500
Previous Owner Cheng Ken Wah $120,650
Previous Owner Spencer Keith R $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2022 09/14/22 Sold $365,000 -2.7% $213 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $375,000 -2.6% $219 / Sq Ft
07/24/2022 07/24/22 For Sale $385,000 +6.9% $225 / Sq Ft
11/08/2021 11/08/21 Sold $360,000 +2.9% $211 / Sq Ft View Prior Sale
09/30/2021 09/30/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $350,000 -2.8% $205 / Sq Ft
08/20/2021 08/20/21 Off Market $360,000 -- --
08/17/2021 08/17/21 For Sale $350,000 0.0% $205 / Sq Ft
12/31/2020 12/31/20 Rented $2,100 0.0% --
11/30/2020 11/30/20 Under Contract -- -- --
11/29/2020 11/29/20 For Rent $2,100 0.0% --
11/26/2020 11/26/20 Under Contract -- -- --
11/04/2020 11/04/20 For Rent $2,100 0.0% --
08/27/2020 08/27/20 Rented $2,100 0.0% --
06/17/2020 06/17/20 Under Contract -- -- --
06/13/2020 06/13/20 For Rent $2,100 +5.0% --
10/05/2015 10/05/15 Rented $2,000 0.0% --
09/16/2015 09/16/15 Under Contract -- -- --
08/27/2015 08/27/15 For Rent $2,000 +5.3% --
04/01/2014 04/01/14 Rented $1,900 0.0% --
03/28/2014 03/28/14 Under Contract -- -- --
03/16/2014 03/16/14 For Rent $1,900 -- --
Source: Bright MLS

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 $882 $130,930 $41,270 $89,660
2024 $882 $130,930 $41,270 $89,660
2023 $882 $130,930 $41,270 $89,660
2022 $733 $130,930 $41,270 $89,660
2021 $882 $130,930 $41,270 $89,660
2020 $710 $130,930 $41,270 $89,660
2019 $858 $130,930 $41,270 $89,660
2018 $858 $130,930 $41,270 $89,660
2017 $858 $130,930 $41,270 $89,660
2016 $409 $130,930 $41,270 $89,660
2015 $409 $130,930 $41,270 $89,660
2014 $409 $103,260 $41,270 $61,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2029634

Bright MLS

APN: 61-06P-0004.0000

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