NOT LISTED FOR SALE

516 Lexington Ln Norristown, PA 19403

Estimated Value: $558,714 - $625,000

4 Beds
2.5 Baths
2,094 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $370,000 $177 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,895/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Skyview Upper Elementary School Rated A-
  • Attic
  • 2 Car Direct Access Garage

About This Home

As of July 2018

Wonderful Colonial in Methacton School District offers numerous improvements and enhancements making it a turn-key home for any buyer. Charming curb-appeal is the initial impression when arriving at this 4 Bedroom, 2.5 bath home sited on .39 acres in the desirable Village Green neighborhood. Covered front porch entry, bright foyer, and both Formal Living and Dining Rooms offer a perfect flow for entertaining in this 2,094 sq. ft. single. Hardwood flooring continues nearly throughout the home, excluding Ceramic Tile flooring added in the Kitchen to further enhance this neutrally decorated, and bright room. Adjacent, sunk-in Family Room has beamed ceiling, decorative fireplace with brick surround, and glass sliders leading to the rear yard with stamped concrete patio added in 2014. Laundry Room, and 2-car garage complete this level. 2nd floor highlights numerous updates including Master Bedroom en-suite with full bathroom renovation, all new solid core doors and hardware, and a full renovation of hall bathroom shared by the additional three, well-appointed bedrooms. Level, rear yard is a quiet respite from the daily grind and has plenty of room for a playset, or pool?you choose. Basement is unfinished, but has plenty of room for storage. NEW (2016) Roof, Gutters, and Downspouts complete the exterior improvements. Wonderful Methacton Schools, proximity to major highways, shopping and only minutes from the KoP Mall!

Last Agent to Sell the Property

Nicole Miller-DeSantis

Coldwell Banker Realty Listed on: 05/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Gregory Hansen

RE/MAX Action Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,938

Year Built

  • Built in 1969

Lot Details

  • 0.39 Acre Lot
  • Property is in good condition
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,094 Sq Ft Home
  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio

Schools

  • Methacton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Village Green Subdivision

Listing and Financial Details

  • Tax Lot 086
  • Assessor Parcel Number 43-00-07465-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,938

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Rear Yard Playset, W/D And Laundry Room Refrigerator, And Window Tx
  • Inclusions: Kitchen Refrigerator "As Is"
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1969
  • Remarks Public: Wonderful Colonial in Methacton School District offers numerous improvements and enhancements making it a turn-key home for any buyer. Charming curb-appeal is the initial impression when arriving at this 4 Bedroom, 2.5 bath home sited on .39 acres in the desirable Village Green neighborhood. Covered front porch entry, bright foyer, and both Formal Living and Dining Rooms offer a perfect flow for entertaining in this 2,094 sq. ft. single. Hardwood flooring continues nearly throughout the home, excluding Ceramic Tile flooring added in the Kitchen to further enhance this neutrally decorated, and bright room. Adjacent, sunk-in Family Room has beamed ceiling, decorative fireplace with brick surround, and glass sliders leading to the rear yard with stamped concrete patio added in 2014. Laundry Room, and 2-car garage complete this level. 2nd floor highlights numerous updates including Master Bedroom en-suite with full bathroom renovation, all new solid core doors and hardware, and a full renovation of hall bathroom shared by the additional three, well-appointed bedrooms. Level, rear yard is a quiet respite from the daily grind and has plenty of room for a playset, or pool?you choose. Basement is unfinished, but has plenty of room for storage. NEW (2016) Roof, Gutters, and Downspouts complete the exterior improvements. Wonderful Methacton Schools, proximity to major highways, shopping and only minutes from the KoP Mall!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2094
  • Living Area Sq Ft: 2094
  • Net Sq Ft: 2094.00
  • Price Per Sq Ft: 176.65
  • Above Grade Finished Sq Ft: 2094
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: METHACTON
  • High School: METHACTON
  • School District Key: 300200397031
  • High School: METHACTON

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.39
  • Lot Dimensions: 90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17100.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 750900
  • Tax Annual Amount: 5938.00
  • Assessor Parcel Number: 43-00-07465-007
  • Tax Lot: 086
  • Tax Year: 2018
  • Close Date: 07/10/2018

MLS Schools

  • School District Name: METHACTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Jul 10, 2018
Sold by
Remaley Charles F and Remaley Shannon
Bought by
Slater Robert Brian and Slater Ann
Seller's Agent
Nicole Miller-DeSantis
Coldwell Banker Realty
Buyer's Agent
Gregory Hansen
RE/MAX Action Associates
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$609,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,316
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Jan 6, 2012
Sold by
Remaley Charles F and Remaley Shannon
Bought by
Remaley Charles F and Remaley Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.98%

Purchase Details

Closed on
May 28, 2010
Sold by
Choi Eunyup and Choi Jongmoo Jay
Bought by
Remaley Charles F and Agostinelli Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
5.11%
Source: Public Records

Range of Values:

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Average Value
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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
Slater Robert Brian $370,000 None Available
Remaley Charles F -- None Available
Remaley Charles F $332,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slater Robert Brian $367,554
Closed Slater Robert Brian $366,160
Previous Owner Remaley Charles F $292,500
Previous Owner Remaley Charles F $299,250
Previous Owner Choi Jongmoo Jay $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $370,000 0.0% $177 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/12/2018 05/12/18 For Sale $369,900 -- $177 / 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 $6,905 $169,290 $57,330 $111,960
2023 $6,642 $169,290 $57,330 $111,960
2022 $6,461 $169,290 $57,330 $111,960
2021 $6,295 $169,290 $57,330 $111,960
2020 $6,148 $169,290 $57,330 $111,960
2019 $6,091 $169,290 $57,330 $111,960
2018 $6,091 $169,290 $57,330 $111,960
2017 $5,816 $169,290 $57,330 $111,960
2016 $5,750 $169,290 $57,330 $111,960
2015 $5,527 $169,290 $57,330 $111,960
2014 $5,527 $169,290 $57,330 $111,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001189382

Bright MLS

APN: 43-00-07465-007