NOT LISTED FOR SALE

516 N Mill Rd Kennett Square, PA 19348

Estimated Value: $362,173 - $467,000

3 Beds
2 Baths
1,300 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $315,000 $242 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,363/month

5 Days on Market

Highlights

  • Additional Residence on Property
  • Rambler Architecture
  • No HOA
  • Hillendale Elementary School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of March 2023

2 Homes For The Price Of One! Investor Alert - Twice the fun, half the Sum... .77 Acres in the ever popular Unionville-Chadds Ford School District. East Marlborough Township - Kennett Square. Both houses are in need a TLC - Sweat Equity, live in one and rent the other out. Main house has a very large front covered patio, walk in the sliders to the left and you have a living room with wood burning fireplace, bedroom, walk up 2 steps to dining room, eat in kitchen, laundry room, walk up another step to a main bedroom with bath, hall bath, 2nd bedroom, large family room. The front house consists of Living Room, kitchen, 2 bedrooms and a bathroom, that has newer furnace and is also on public sewer. An Unusual Opportunity in the Unionville-Chadds Ford Schools. Professional pictures are coming soon

Last Agent to Sell the Property

Christine Tobelmann

(610) 316-4456 ctobes24@gmail.com Long & Foster Real Estate, Inc. Listed on: 11/11/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

John Kriza

johnkriza@gmail.com Beiler-Campbell Realtors-Kennett Square License #5021907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,884

Year Built

  • Built in 1930

Lot Details

  • 0.77 Acre Lot
  • Level Lot
  • Irregular Lot
  • Back, Front, and Side Yard
  • Property is zoned R20, Residential; 2 family

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Dining Area
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Additional Homes

  • Additional Residence on Property

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0016
  • Assessor Parcel Number 61-08 -0016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,884

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: tenants possessions in front house
  • Inclusions: Refrigerator, Washer, Dryer all as-is, no monetary value
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Remarks Public: 2 Homes For The Price Of One! Investor Alert - Twice the fun, half the Sum... .77 Acres in the ever popular Unionville-Chadds Ford School District. East Marlborough Township - Kennett Square. Both houses are in need a TLC - Sweat Equity, live in one and rent the other out. Main house has a very large front covered patio, walk in the sliders to the left and you have a living room with wood burning fireplace, bedroom, walk up 2 steps to dining room, eat in kitchen, laundry room, walk up another step to a main bedroom with bath, hall bath, 2nd bedroom, large family room. The front house consists of Living Room, kitchen, 2 bedrooms and a bathroom, that has newer furnace and is also on public sewer. An Unusual Opportunity in the Unionville-Chadds Ford Schools. Professional pictures are coming soon
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room Count: 8
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 230.69
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: UNIONVILLE-CHADDS FORD
  • School District Key: 300200397341
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 130310.00
  • Land Assessed Value: 53440.00
  • Land Use Code: R20
  • Lot Features: Front Yard, Irregular, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.77
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33676.00
  • Year Assessed: 2023
  • Zoning: R20
  • Zoning Description: Residential; 2 family

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 371821
  • School Tax: 5647.00
  • Tax Annual Amount: 6884.00
  • Assessor Parcel Number: 61-08 -0016
  • Tax Lot: 0016
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/15/2023

MLS Schools

  • School District Name: UNIONVILLE-CHADDS FORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Mar 9, 2023
Sold by
Mayo Ellen J
Bought by
Kanara Keith A
Seller's Agent
Christine Tobelmann
Long & Foster Real Estate, Inc.
Buyer's Agent
John Kriza
Beiler-Campbell Realtors-Kennett Square
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Views
82
Current Estimated Value
$426,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,391
Avg. Annual Appreciation
9.61%
Original Mortgage
$300,000
Outstanding Balance
$291,226
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$106,490

Purchase Details

Closed on
Feb 1, 1989
Bought by
Mayo Ellen J
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
Kanara Keith A $315,000 --
Mayo Ellen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanara Keith A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $315,000 0.0% $242 / Sq Ft
01/23/2023 01/23/23 Off Market $315,000 -- --
11/16/2022 11/16/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $299,900 -4.8% $231 / Sq Ft
11/15/2022 11/15/22 Off Market $315,000 -- --
11/11/2022 11/11/22 For Sale $299,900 -- $231 / 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 $1,237 $183,750 $53,440 $130,310
2024 $1,237 $183,750 $53,440 $130,310
2023 $1,237 $183,750 $53,440 $130,310
2022 $1,029 $183,750 $53,440 $130,310
2021 $1,237 $183,750 $53,440 $130,310
2020 $996 $183,750 $53,440 $130,310
2019 $1,204 $183,750 $53,440 $130,310
2018 $1,204 $183,750 $53,440 $130,310
2017 $1,204 $183,750 $53,440 $130,310
2016 $729 $183,750 $53,440 $130,310
2015 $729 $183,750 $53,440 $130,310
2014 $729 $183,750 $53,440 $130,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2035716

Bright MLS

APN: 61-008-0016.0000