$667,000
SOLD MAR 31, 2025

531 Franklin Way West Chester, PA 19380

3 Beds
3 Baths
1,952 Sq Ft
$667/mo HOA Fee

Recently Sold

$342 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Senior Living
  • Carriage House
  • Community Pool
  • Gated Community
  • Workshop
  • Tennis Courts

About This Home

As of March 2025

In the charming 55+ community of Hershey's Mill, Chester County, an immaculate carriage home awaits its next chapter. This 1,952 square foot end-unit residence offers a seamless blend of elegance and thoughtful design, appealing to those who seek comfort and convenience. This listing emphasizes both the stylish and functional aspects of modern living. Upon entering, you'll be greeted by gracious room dimensions and the undeniable warmth of beautiful hardwood flooring paired with exquisite millwork. The skylit living room is a central feature, inviting natural light while offering access to a large deck. Here, you can enjoy peaceful views of open spaces and the whispering pine trees—a perfect setting for morning coffee or evening relaxation. The formal dining room, detailed with crown molding, provides an ideal space for entertaining. Adjacent, the light & bright eat-in kitchen boasts abundant cabinet space, making meal preparation a delight. Whether you're hosting a dinner party or enjoying a quiet meal, this space accommodates every need. Privacy and luxury converge in the primary bedroom suite, complete with two walk-in closets and an updated bath. The second bedroom is spacious and served by an updated hall bath, while a third bedroom has been artfully converted into a lovely den/library. This flexibility of space ensures the home meets diverse lifestyle needs. Practicality isn't sacrificed for style; the home features a convenient main floor laundry room. The daylight, walk-out finished basement extends the living space significantly, offering a full bath and versatile areas that can easily serve as an extra bedroom. It's an ideal setup when family and grandchildren visit, providing direct access to the community's private Franklin Way pool. Also found in the basement are a hobby room/workshop, multiple storage rooms, and a cedar closet, ensuring everything has its place. Recent updates include a new roof in 2024 and an efficient Lennox Heat & Central Air system installed in 2023, ensuring year-round comfort. Included with the home, a washer, dryer, refrigerator, and a one-year AHS Home Warranty provides peace of mind. This property is situated in a community rich with amenities, including a Community Center, library, pools, tennis courts, a wood shop, and walking trails. For those interested, golf course membership is available. Adding to its appeal, the home lies conveniently off a private lane with easy access to Village Square Shopping Center, where a Giant supermarket, Starbucks, and other convenience stores await. With a short drive to the quaint shops and nightlife of West Chester Borough, effortless access to major routes like Rt 202, and renowned regional attractions such as Longwood Gardens and King of Prussia shopoping, the location is one you will truly appreciate. If you’re looking for a residence that pairs lifestyle amenities with homey charm, this carriage home in Hershey's Mill offers a rare opportunity. Take a look then take action.

Last Agent to Sell the Property

David Stilwell

KW Greater West Chester License #RS149035A Listed on: 02/09/2025

KW Greater West Chester

Last Buyer's Agent

Elizabeth Rafferty

Engel & Völkers License #RS276901

Engel & Völkers

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,876

Year Built

  • Built in 1985

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Carriage House
  • Rambler Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,952 Sq Ft Home
  • Property has 1 Level
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Workshop
  • Basement Windows

Utilities

  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0531
  • Assessor Parcel Number 53-02 -0531

Community Details

Overview

  • Senior Living
  • $4,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, lawn maintenance, management, pool(s), security gate, sewer, snow removal, trash
  • $2,618 Other One-Time Fees
  • Senior Community | Residents must be 55 or older
  • Franklin Village HOA
  • Hersheys Mill Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Community Library

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool
  • Jogging Path

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,876

Year Built

Built in 1985

Lot Details

0

HOA Fees

$667 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Carriage House, Ranch/Rambler
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator in As-Is Condition with no monetary value.
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: In the charming 55+ community of Hershey's Mill, Chester County, an immaculate carriage home awaits its next chapter. This 1,952 square foot end-unit residence offers a seamless blend of elegance and thoughtful design, appealing to those who seek comfort and convenience. This listing emphasizes both the stylish and functional aspects of modern living. Upon entering, you'll be greeted by gracious room dimensions and the undeniable warmth of beautiful hardwood flooring paired with exquisite millwork. The skylit living room is a central feature, inviting natural light while offering access to a large deck. Here, you can enjoy peaceful views of open spaces and the whispering pine trees—a perfect setting for morning coffee or evening relaxation. The formal dining room, detailed with crown molding, provides an ideal space for entertaining. Adjacent, the light & bright eat-in kitchen boasts abundant cabinet space, making meal preparation a delight. Whether you're hosting a dinner party or enjoying a quiet meal, this space accommodates every need. Privacy and luxury converge in the primary bedroom suite, complete with two walk-in closets and an updated bath. The second bedroom is spacious and served by an updated hall bath, while a third bedroom has been artfully converted into a lovely den/library. This flexibility of space ensures the home meets diverse lifestyle needs. Practicality isn't sacrificed for style; the home features a convenient main floor laundry room. The daylight, walk-out finished basement extends the living space significantly, offering a full bath and versatile areas that can easily serve as an extra bedroom. It's an ideal setup when family and grandchildren visit, providing direct access to the community's private Franklin Way pool. Also found in the basement are a hobby room/workshop, multiple storage rooms, and a cedar closet, ensuring everything has its place. Recent updates include a new roof in 2024 and an efficient Lennox Heat & Central Air system installed in 2023, ensuring year-round comfort. Included with the home, a washer, dryer, refrigerator, and a one-year AHS Home Warranty provides peace of mind. This property is situated in a community rich with amenities, including a Community Center, library, pools, tennis courts, a wood shop, and walking trails. For those interested, golf course membership is available. Adding to its appeal, the home lies conveniently off a private lane with easy access to Village Square Shopping Center, where a Giant supermarket, Starbucks, and other convenience stores await. With a short drive to the quaint shops and nightlife of West Chester Borough, effortless access to major routes like Rt 202, and renowned regional attractions such as Longwood Gardens and King of Prussia shopoping, the location is one you will truly appreciate. If you’re looking for a residence that pairs lifestyle amenities with homey charm, this carriage home in Hershey's Mill offers a rare opportunity. Take a look then take action.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Daylight, Full, Heated, Improved, Outside Entrance, Walkout Level, Windows, Workshop
  • Laundry Type: Main Floor
  • Total Sq Ft: 1952
  • Living Area Sq Ft: 1952
  • Price Per Sq Ft: 327.87
  • Above Grade Finished Sq Ft: 1952
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Library, Pool - Outdoor, Security, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Security Gate, Sewer, Snow Removal, Trash
  • HOA Name: FRANKLIN VILLAGE
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Other Fees: 2618.34
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 4000.00

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R55
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: R55 RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 5384.00
  • Tax Annual Amount: 6876.00
  • Assessor Parcel Number: 53-02 -0531
  • Tax Lot: 0531
  • Tax Total Finished Sq Ft: 1952
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/31/2025

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2025
Closed on
Mar 13, 2025
Sold by
Barbara Rexford White Personal Trust and White Robert D
Bought by
Raskauskas Devereaux B
Seller's Agent
David Stilwell
KW Greater West Chester
Buyer's Agent
Elizabeth Rafferty
Engel & Völkers
List Price
$640,000
Sold Price
$667,000
Premium/Discount to List
$27,000
4.22%
Views
1085
Current Estimated Value
$663,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,418
Avg. Annual Appreciation
-1.96%
Original Mortgage
$200,000
Outstanding Balance
$199,831
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$463,751

Purchase Details

Closed on
Oct 17, 2014
Sold by
Blanton Eleanor B and Blanton Warren L
Bought by
White Barbara Rexford and White Robert D

Purchase Details

Closed on
Sep 29, 1997
Sold by
Blanton Eleanor B
Bought by
Blanton Eleanor B and The Eleanor B Blanton Trust
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $667,000 Trident Land Transfer
Deed $667,000 Trident Land Transfer
Bargain Sale Deed $400,000 Non Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $79,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $667,000 +4.2% $342 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $640,000 -- $328 / 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 $6,806 $236,850 $86,110 $150,740
2023 $6,806 $236,850 $86,110 $150,740
2022 $6,599 $236,850 $86,110 $150,740
2021 $6,505 $236,850 $86,110 $150,740
2020 $6,462 $236,850 $86,110 $150,740
2019 $9,005 $236,850 $86,110 $150,740
2018 $6,230 $236,850 $86,110 $150,740
2017 $6,091 $236,850 $86,110 $150,740
2016 $5,445 $236,850 $86,110 $150,740
2015 $5,445 $236,850 $86,110 $150,740
2014 $5,445 $236,850 $86,110 $150,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2091192

Bright MLS

APN: 53-002-0531.0000