NOT LISTED FOR SALE

Estimated Value: $138,000 - $196,000

16.2 Acres
$10,309 Price per Acre
705,672 Sq Ft Lot

Last Sold July 11, 2020

Last sale price $115,000

Est. 45% increase in value since last sale

Current estimated payment $1,098/month

49 Days on Market

Highlights

  • 16.2 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of July 2020

Motivated Sellers! Buildable lot available! Earn passive income!! Two billboards on property generating income of $2,400 per year. Two parcels being sold together make up 16.2 acres of wooded acreage. 55 Glencrest Rd & 705 W Lincoln Hwy are both Zoned C (conservation) Allowing one single family residence on each lot with 30% disturbance maximum due to steep slopes. Some permitted uses include passive recreation/parks, public uses, and single family dwelling. Special exception uses include private clubs and two family conversions. Conditional uses include cluster developments, campgrounds, indoor recreation facilities, golf course, active recreation, wireless communications facilities and alternative energy production. See Valley Township for more information regarding zoning. Public water and sewer is available. The property also has two billboards leased by Lamar Advertising producing passive income.

Last Agent to Sell the Property

Derek Donatelli

(484) 535-2000 derekdonatelli@donatellirealestate.com EXP Realty, LLC License #rs336160 Listed on: 05/29/2019

EXP Realty, LLC

Last Buyer's Agent

Lori Livingston

(484) 947-7137 lori.livingston@expcommercial.com eXp Commercial License #RS0040012

eXp Commercial

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,392

Lot Details

  • 16.2 Acre Lot
  • Corner Lot
  • 705 W Lincoln Hwy, Coatesville, PA 19320Parcel# 38-02 -0208

Utilities

  • No Septic System
  • Sewer Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38-02 -0201

Property Details

Property Type

Land

Est. Annual Taxes

$2,392

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.33

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System, No Sewer System, Public Sewer
  • Utilities: Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 705 W Lincoln Hwy, Coatesville, PA 19320Parcel# 38-02 -0208
  • Lot Features: Corner
  • Lot Size Acres: 16.20
  • Lot Dimensions: 0, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 348480.00
  • Zoning: C
  • Farmland Preservation: No

Rental Info

  • Lease Considered: No
  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 293445
  • School Tax: 1981.00
  • Tax Annual Amount: 2392.00
  • Assessor Parcel Number: 38-02 -0201
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Saba Tabassum
Bought by
55 Glencrest Llc
Current Estimated Value
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$80,270
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$86,730

Purchase Details

Closed on
Aug 14, 2017
Sold by
Valley Development Coatesville Llc
Bought by
Saba Tabassum

Purchase Details

Closed on
Mar 21, 2013
Sold by
Valley Development Partners Llc
Bought by
Valley Development Coatesville Llc

Purchase Details

Closed on
Oct 25, 2010
Sold by
Alward Kenneth W and Alward Paula R
Bought by
Staheli Travis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,038
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
55 Glencrest Llc $56,153 None Available
Saba Tabassum $69,900 None Available
Valley Development Coatesville Llc $88,162 None Available
Staheli Travis J $260,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 55 Glencrest Llc $90,000
Previous Owner Staheli Travis J $257,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2020 07/11/20 Sold $115,000 0.0% --
07/17/2019 07/17/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $115,000 -- --
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 $2,638 $51,860 $51,860 --
2024 $2,638 $51,860 $51,860 --
2023 $2,571 $51,860 $51,860 $0
2022 $2,491 $51,860 $51,860 $0
2021 $2,414 $51,860 $51,860 $0
2020 $2,392 $51,860 $51,860 $0
2019 $2,304 $51,860 $51,860 $0
2018 $2,208 $51,860 $51,860 $0
2017 $2,066 $51,860 $51,860 $0
2016 $1,735 $51,860 $51,860 $0
2015 $1,735 $51,860 $51,860 $0
2014 $1,735 $51,860 $51,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT478886

Bright MLS

APN: 38-002-0201.0000