NOT LISTED FOR SALE

512 Benson Ln Chester Springs, PA 19425

Estimated Value: $969,363 - $1,093,000

4 Beds
3.5 Baths
5,570 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $620,000 $111 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,486/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Shamona Creek Elementary School Rated A
  • 3 Car Attached Garage
  • Gas Fireplace

About This Home

As of July 2019

GORGEOUS...GORGEOUS...SIMPLY GORGEOUS! Classic upgraded and Expanded ELKINS style TOLL BROTHERS built estate home is for sale in the desirable Reserve at Eagle. Total Sq ft:5570. Finished basement sq ft: 1200. Get ready to be mesmerized by this elegant brick front colonial with hard to find front porch on a premium wooded scenic level lot in the award winning Downingtown East & STEM Schools. Enter this home into the grand two-story foyer with turned staircase and gleaming site finished hardwood floors. To the left, you will enjoy entertaining in the formal living room adjacent to the formal dining room with additional hardwood floors. To the right, a spacious study with boxed triple window with bench seating welcomes you. Upgraded crown molding, chair railing and millwork columns complement formal living/dining area. Continue around the stairs into the spacious two-story family room which has wall of windows, upgraded floor to ceiling stone gas fireplace and is full of light with wooded views. To the left of the family room is the grand kitchen with a breakfast area, MAPLE cabinets, STAINLESS STEEL appliances, industrial grade kitchen vent, gas stove, upgraded tile backsplash, diagonal tile floors, breakfast bar and glooming granite counters. This beautiful kitchen has walk-in pantry, ample counter & cabinet space and an island. Desirable Green-house addition not only expands the breakfast area and basement size, but also adds skylights, lots of sun filled windows and patio door. Off the family room, there is a laundry room as well as access to the 3-CAR garage. A rear staircase from Kitchen has private access to the second floor, highlighted by an impressive master bedroom with sitting area, a large walk in closet and master bath with his & her vanities, upgraded tiles, separate shower, and soaking tub. There are three additional bedrooms upstairs, two sharing a Jack-and-Jill bath and one with a private attached bath and walk-in-closet. Did I mention the finished basement for additional entertainment space? Fresh custom paint in several rooms. DUAL Natural gas HVAC Systems. An oversized paver patio for your summer entertainment! Imagine playing ball on this rare to find flat backyard! This community boasts the Clubhouse, Pool and Playground. Conveniently located near Shopping & Restaurants, Marsh Creek State Park, Eagleview Corporate Center, the PA Turnpike & Rte 100, 30, 401, 202. Welcome home!!!

Last Agent to Sell the Property

Jaya Duraisamy

(610) 220-8433 jaya@jayarealtygroup.com Keller Williams Real Estate -Exton Listed on: 04/05/2019

Keller Williams Real Estate -Exton

Last Buyer's Agent

Jaya Duraisamy

(610) 220-8433 jaya@jayarealtygroup.com Keller Williams Real Estate -Exton Listed on: 04/05/2019

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,200

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R2

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Schools

  • Shamona Creek Elementary School
  • Lionville Middle School
  • Downingtown High School East Campus

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0541
  • Assessor Parcel Number 32-03 -0541

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Reserve At Eagle Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,200

Year Built

Built in 2003

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 2003
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 5570
  • Living Area Sq Ft: 5570
  • Price Per Sq Ft: 146.43
  • Above Grade Finished Sq Ft: 4370
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Side Entry, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHAMONA CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • Middle Or Junior School: LIONVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 241300.00
  • Land Assessed Value: 71720.00
  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 279649
  • School Tax: 8509.00
  • Tax Annual Amount: 10200.00
  • Assessor Parcel Number: 32-03 -0541
  • Tax Lot: 0541
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 18, 2019
Sold by
Zhou Li and Wang Yang
Bought by
Varghese Thomas and Varghese Jancy
Seller's Agent
Jaya Duraisamy
Keller Williams Real Estate -Exton
Buyer's Agent
Jaya Duraisamy
Keller Williams Real Estate -Exton
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%
Current Estimated Value
$1,056,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,591
Avg. Annual Appreciation
8.90%
Original Mortgage
$496,000
Outstanding Balance
$434,361
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$622,230

Purchase Details

Listed on
Jun 4, 2014
Closed on
Aug 6, 2014
Sold by
Gastinger Matthew J and Gastinger Chantelle K
Bought by
Zhou Li and Wang Yang
Seller's Agent
Susan Casinelli
RE/MAX Professional Realty
Buyer's Agent
Deborah Hyatt
Hyatt Realty
List Price
$626,900
Sold Price
$615,000
Premium/Discount to List
-$11,900
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$492,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 26, 2013
Closed on
Sep 6, 2013
Sold by
The Grsw Stewart Real Estate Trust
Bought by
Gastinger Matthew J and Gastinger Chantelle K
Seller's Agent
Maureen Greim
Long & Foster Real Estate, Inc.
Buyer's Agent
Susan Casinelli
RE/MAX Professional Realty
List Price
$624,900
Sold Price
$611,500
Premium/Discount to List
-$13,400
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$75,000
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2013
Sold by
Reiver Lonnie B and Reiver Helene B
Bought by
The Grsw Stewart Real Estate Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2006
Sold by
K Hovnanian At Upper Uwchlan Llc
Bought by
Heake John F and Heake Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,400
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Toll Pa Ii Lp
Bought by
Reiver Lonnie B and Reiver Helene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Varghese Thomas $620,000 None Available
Zhou Li $615,000 None Available
Gastinger Matthew J $611,500 None Available
The Grsw Stewart Real Estate Trust $611,500 None Available
Heake John F $403,317 Eastern Title Agency Inc
Reiver Lonnie B $467,161 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varghese Thomas $496,000
Previous Owner Zhou Li $492,000
Previous Owner Gastinger Matthew J $75,000
Previous Owner The Grsw Stewart Real Estate Trust $444,775
Previous Owner Heake John F $349,400
Previous Owner Reiver Lonnie B $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2019 07/30/19 Sold $620,000 -3.1% $111 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/30/2019 04/30/19 Price Changed $639,900 -1.5% $115 / Sq Ft
04/05/2019 04/05/19 For Sale $649,900 +5.7% $117 / Sq Ft
08/06/2014 08/06/14 Sold $615,000 -2.4% $141 / Sq Ft View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
06/04/2014 06/04/14 Price Changed $629,900 +0.5% $144 / Sq Ft
06/04/2014 06/04/14 For Sale $626,900 +2.5% $143 / Sq Ft
10/31/2013 10/31/13 Sold $611,500 -2.1% $140 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $624,900 -- $143 / 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 $10,241 $291,400 $71,720 $219,680
2024 $10,241 $291,400 $71,720 $219,680
2023 $9,949 $291,400 $71,720 $219,680
2022 $9,707 $291,400 $71,720 $219,680
2021 $9,548 $291,400 $71,720 $219,680
2020 $10,200 $313,020 $71,720 $241,300
2019 $10,200 $313,020 $71,720 $241,300
2018 $10,200 $313,020 $71,720 $241,300
2017 $10,200 $313,020 $71,720 $241,300
2016 $9,049 $313,020 $71,720 $241,300
2015 $9,049 $313,020 $71,720 $241,300
2014 $9,049 $290,850 $71,720 $219,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT474280

Bright MLS

APN: 32-003-0541.0000