NOT LISTED FOR SALE

531 Wayne Ave Springfield, PA 19064

Estimated Value: $517,000 - $568,762

5 Beds
2.5 Baths
2,618 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2024

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

Est. 20% increase in value since last sale

Current estimated payment $3,674 / mo

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) 892-8300 mediaoffice@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/18/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Thomas Toole III

(610) 692-2228 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
  • Heating System Uses 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

8,276 Sq Ft Lot

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
$540,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,191
Avg. Annual Appreciation
10.20%
Original Mortgage
$100,000
Outstanding Balance
$98,717
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$441,474

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE2067552

Bright MLS

APN: 42-00-07392-00

Your Personal Tour Guide

Ask me questions while you tour the home.