NOT LISTED FOR SALE

531 Wayne Ave Springfield, PA 19064

Estimated Value: $512,000 - $590,000

5 Beds
2.5 Baths
2,618 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $450,000 $172 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,616/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • No HOA
  • Springfield High School Rated A-
  • Attic
  • 2 Car Detached Garage

About This Home

As of June 2024

Rare opportunity in Colonial Park ! It "s not often a 5 bed home that comes available in the best location in Springfield. Many great features here: 5 generously sized bedrooms providing everyone plenty of room to enjoy their own space along with 2 full bathrooms as well :) Main floor layout includes formal living & dining areas off the kitchen plus a supersized family room addition with gas fireplace and sliders to the rear deck ! Te lower level basement offers a nice adult retreat with dry bar and separate utility / storage area. Finally you are blessed with a sweet 2 car garage with storage and plenty of yard to entertain ! Seize this rare chance to transform this property in a superb location and make it yours !! Call or text Brian for your exclusive showing !!

Last Agent to Sell the Property

Brian Gibson

(610) 529-5732 C21briangibson@gmail.com Long & Foster Real Estate, Inc. Listed on: 05/18/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Thomas Toole III

(484) 297-9703 tom@tomtoole.com RE/MAX Main Line-West Chester License #RS228901

RE/MAX Main Line-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,875

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60.00 x 144.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • 2,618 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Recreation Room
  • Country Kitchen
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Laundry in Basement
  • Natural lighting in basement

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Springfield High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Colonial Park Subdivision

Listing and Financial Details

  • Tax Lot 350-000
  • Assessor Parcel Number 42-00-07392-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,875

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Any furniture or appliances are negotiable
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-19
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Dining Area, Family Room Off Kitchen, Kitchen - Country
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Recreation Room
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Laundry Type: Basement
  • Total Sq Ft: 2618
  • Living Area Sq Ft: 2618
  • Price Per Sq Ft: 196.72
  • Above Grade Finished Sq Ft: 2618
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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
  • Parking Features: Shared Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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
  • Association Recreation Fee: No

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: SPRINGFIELD

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 60.00 x 144.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 6749.00
  • Tax Annual Amount: 8875.00
  • Assessor Parcel Number: 42-00-07392-00
  • Tax Lot: 350-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: SPRINGFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jun 24, 2024
Sold by
Mele Victor J
Bought by
Schwartz-Glassmer Sara D and De Monte Kyle
Seller's Agent
Brian Gibson
Long & Foster Real Estate, Inc.
Buyer's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
List Price
$515,000
Sold Price
$450,000
Premium/Discount to List
-$65,000
-12.62%
Views
84
Current Estimated Value
$546,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,871
Avg. Annual Appreciation
13.88%
Original Mortgage
$100,000
Outstanding Balance
$98,717
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$448,154

Purchase Details

Closed on
Oct 9, 2012
Sold by
Mele Victor J
Bought by
Mele Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwartz-Glassmer Sara D $450,000 None Listed On Document
Mele Victor J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz-Glassmer Sara D $100,000
Previous Owner Mele Victor J $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $450,000 -12.6% $172 / Sq Ft
05/18/2024 05/18/24 For Sale $515,000 -- $197 / 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 $9,017 $320,810 $95,950 $224,860
2024 $9,017 $320,810 $95,950 $224,860
2023 $8,682 $320,810 $95,950 $224,860
2022 $8,495 $320,810 $95,950 $224,860
2021 $13,155 $320,810 $95,950 $224,860
2020 $7,829 $172,780 $46,130 $126,650
2019 $7,646 $172,780 $46,130 $126,650
2018 $7,536 $172,780 $0 $0
2017 $7,362 $172,780 $0 $0
2016 $968 $172,780 $0 $0
2015 $968 $172,780 $0 $0
2014 $968 $172,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2067552

Bright MLS

APN: 42-00-07392-00