Seller's Agent in 2014
Theresa Tarquinio
RE/MAX
(610) 291-6536
29 in this area
246 Total Sales
51 Founders Way Downingtown, PA 19335
Estimated Value: $1,221,071 - $1,329,000
5
Beds
4.5
Baths
5,980
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Water Oriented
- 1.3 Acre Lot
- Shamona Creek Elementary School Rated A
- Commercial Range
- Colonial Architecture
About This Home
As of October 2014A Retreat in Paradise with In-Law Suite situated on a Picturesque 1 Acre Lot on Marsh Creek Lake! An Entertainer's Dream with stunning new Dave Stimmel designed Chef's Kitchen, Freshwater Anthony Sylvan Pool, multi level Patios with built-in gas grill & brick fp and a fabulous walk-out lower level Rec Rm with wet bar, play rm & changing rm with full bath. This luxury estate offers elegant & comfortable living featuring gleaming wide-plank cherry flrs & custom moldings, a grand Foyer with curved staircase flanked by the formal Living Rm & Dining Rms, a gourmet Kitchen with Wolf 6-burner range with commercial hood accented with a stacked slate backsplash with Grohe pot-filler, Wolf microwave & warming drawer, Viking oven (2nd oven), Miele dw, Chroma-Quartz counter tops & island w/custom granite lava rock carved island seating area, Kohler farmhouse sink, Grohe fixtures & an open Breakfast Area with skylight & patio door to the deck. Also presented on the 1st Flr is the Family Rm with cathedral ceiling, brick wood burning fp & triple window overlooking the pool, a Study, Laundry Rm with outside access & door to the 3-Car Gar & a spacious In-law Suite with bedroom, living rm, closet & full bath. Upstairs are 3 nicely sized BRs, a remodeled Hall Bath & the Master BR with sitting rm with gas fp, breathtaking views from the balcony, walk-in closet remodeled by Calif. Closets & a fabulous new luxurious bath with modern details & spa-like amenities such as his/hers vanities, random width tile flooring, a freestanding soaking tub with Grohe hand-held spray hose & walk-in shower with rain faucet. Presented on the Lower Level is a Recreation Rm with custom built wet bar, Play Rm/Exercise Rm, large Storage area & addtl room that would make the perfect changing room after a relaxing swim in the pool. A captivating exterior includes a heated swimming pool with waterfall, outdoor fp & built-in grill, professional landscaping & perennial beds, loads of space for backyard parties & a natural path to Marsh Creek Lake. Other notable updates include: 2 AC Units, Water Heater, Pool Pump, Interior/Exterior Lighting & Carpeting. Upstairs baths were remodeled by Gardner Fox. A short walk to the elementary & new 6th grade center, proximity to major routes such as the PA Turnpike, Rts 30/100/113/401, employment centers & shopping add to the appeal of this spectacular home! This is your home & vacation property all wrapped up into ONE! Over $200,000 in upgrades since 2010!
Last Agent to Sell the Property
(610) 291-6536 theresat@remax.net RE/MAX Professional Realty License #AB046734L Listed on: 09/03/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,539
Year Built
- Built in 1997
Lot Details
- 1.3 Acre Lot
- Flag Lot
- Property is in good condition
- Property is zoned R1
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 5,980 Sq Ft Home
- Property has 2 Levels
- Wet Bar
- Cathedral Ceiling
- Skylights
- Brick Fireplace
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Self-Cleaning Oven
- Commercial Range
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- In-Law or Guest Suite
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- In Ground Pool
- Water Oriented
- Property is near a lake
- Deck
- Patio
Schools
- Shamona Creek Elementary School
- Downington Middle School
- Downingtown High School West Campus
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Treatment System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Lakeridge Subdivision
Listing and Financial Details
- Tax Lot 0025.8500
- Assessor Parcel Number 32-06 -0025.8500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2014
Closed on
Oct 15, 2014
Sold by
Mellinger Jonathan C and Mellinger Traci L
Bought by
Brooks James J and Redman Lynne
Seller's Agent
Theresa Tarquinio
RE/MAX Professional Realty
Buyer's Agent
Dan Helwig
Dan Helwig Inc
List Price
$750,000
Sold Price
$743,750
Premium/Discount to List
-$6,250
-0.83%
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
$521,018
Avg. Annual Appreciation
4.95%
Original Mortgage
$250,000
Outstanding Balance
$191,591
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,073,177
Purchase Details
Closed on
Sep 20, 2010
Sold by
Robinson Kevin F and Robinson Jennifer E
Bought by
Mellinger Jonathan C and Mellinger Traci L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 1997
Sold by
Lakeridge Lp
Bought by
Burns Richard J and Lawrence Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brooks James J | $743,750 | None Available | |
| Mellinger Jonathan C | $660,000 | None Available | |
| Burns Richard J | $426,754 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brooks James J | $250,000 | |
| Previous Owner | Mellinger Jonathan C | $417,000 | |
| Previous Owner | Burns Richard J | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2014 10/16/14 | Sold | $743,750 | -0.8% | $124 / Sq Ft |
| 09/10/2014 09/10/14 | Pending | -- | -- | -- |
| 09/03/2014 09/03/14 | For Sale | $750,000 | -- | $125 / 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 | $15,233 | $433,470 | $96,270 | $337,200 |
| 2024 | $15,233 | $433,470 | $96,270 | $337,200 |
| 2023 | $14,800 | $433,470 | $96,270 | $337,200 |
| 2022 | $14,439 | $433,470 | $96,270 | $337,200 |
| 2021 | $14,204 | $433,470 | $96,270 | $337,200 |
| 2020 | $14,125 | $433,470 | $96,270 | $337,200 |
| 2019 | $14,125 | $433,470 | $96,270 | $337,200 |
| 2018 | $14,125 | $433,470 | $96,270 | $337,200 |
| 2017 | $14,125 | $433,470 | $96,270 | $337,200 |
| 2016 | $13,857 | $433,470 | $96,270 | $337,200 |
| 2015 | $13,857 | $433,470 | $96,270 | $337,200 |
| 2014 | $13,857 | $449,020 | $96,270 | $352,750 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Tarquinio
-
Dan Helwig
Buyer's Agent in 2014
Dan Helwig
Dan Helwig Inc
(215) 233-5000
24 Total Sales
Map
Source: Bright MLS
MLS Number: 1003066234
APN: 32-006-0025.8500
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