NOT LISTED FOR SALE

550 General Learned Rd King of Prussia, PA 19406

Estimated Value: $629,632 - $654,000

4 Beds
3.5 Baths
2,817 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $625,000 $222 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,845/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Porch
  • Caley Elementary School Rated A
  • No HOA
  • 1 Car Attached Garage

About This Home

As of September 2024

Welcome to this elegantly updated 4-bedroom, 3.5-bathroom split-level home in the coveted Lafayette Park area. As you arrive, you'll be greeted by impeccably maintained landscaping and a new roof, inviting you into a spacious living room bathed in natural light. Just beyond, a sizable dining room pairs perfectly with an eat-in kitchen, featuring an oversized island and an inviting view from the covered porch. Enjoy your morning coffee or evening relaxation while overlooking a charming backyard.

Head upstairs to discover three bedrooms, including a second primary suite with an en-suite bathroom. The other two well-appointed bedrooms share another full bathroom. The top floor opens up to an expansive Master bedroom, complete with a sitting area, a full bath, and a walk-in closet, offering a flexible space that can evolve with your lifestyle needs.

The excitement continues on the lower level, where a cozy great room features a classic brick fireplace and engineered wood floors, creating an ideal spot for relaxing or watching the game. This level also includes a convenient powder room and a laundry room with ample storage, opening to a side yard.

Nestled in a friendly community, this home is just steps away from Upper Merion Area High School, minutes from the bustling Plaza at King of Prussia, and near Walker Field for those who love the outdoors. This home promises a blend of tranquility and accessibility, making it perfect for anyone looking to plant roots in a nurturing neighborhood. Ready to move in and ready for you to start your new chapter!

Last Agent to Sell the Property

William Eagles

(215) 740-2856 will.eagles@gmail.com Long & Foster Real Estate, Inc. License #RS346823 Listed on: 08/08/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lei Barry

(215) 605-7024 lei@leibarryteam.com Keller Williams Real Estate-Blue Bell License #RS273205

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 87.00 x 0.00
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R2A

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Split Level Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,817 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Lafayette Park Subdivision

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 58-00-08089-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,547

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Basement Fridge, electric dog fence
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 2024-08-08
  • Year Built: 1960
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to this elegantly updated 4-bedroom, 3.5-bathroom split-level home in the coveted Lafayette Park area. As you arrive, you'll be greeted by impeccably maintained landscaping and a new roof, inviting you into a spacious living room bathed in natural light. Just beyond, a sizable dining room pairs perfectly with an eat-in kitchen, featuring an oversized island and an inviting view from the covered porch. Enjoy your morning coffee or evening relaxation while overlooking a charming backyard. Head upstairs to discover three bedrooms, including a second primary suite with an en-suite bathroom. The other two well-appointed bedrooms share another full bathroom. The top floor opens up to an expansive Master bedroom, complete with a sitting area, a full bath, and a walk-in closet, offering a flexible space that can evolve with your lifestyle needs. The excitement continues on the lower level, where a cozy great room features a classic brick fireplace and engineered wood floors, creating an ideal spot for relaxing or watching the game. This level also includes a convenient powder room and a laundry room with ample storage, opening to a side yard. Nestled in a friendly community, this home is just steps away from Upper Merion Area High School, minutes from the bustling Plaza at King of Prussia, and near Walker Field for those who love the outdoors. This home promises a blend of tranquility and accessibility, making it perfect for anyone looking to plant roots in a nurturing neighborhood. Ready to move in and ready for you to start your new chapter!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Bathroom - Stall Shower, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2817
  • Living Area Sq Ft: 2817
  • Price Per Sq Ft: 225.42
  • Above Grade Finished Sq Ft: 2817
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: UPPER MERION AREA
  • School District Key: 300200396617
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1101
  • Lot Features: Level, Sloping, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.29
  • Lot Dimensions: 87.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12600.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2024
  • Zoning: R2A

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3857.00
  • Tax Annual Amount: 5547.00
  • Assessor Parcel Number: 58-00-08089-007
  • Tax Lot: 043
  • Tax Total Finished Sq Ft: 2817
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/25/2024

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 20, 2024
Sold by
Maniscalco Adam P
Bought by
Knouse Ryan John and Knouse Molly Harris
Seller's Agent
William Eagles
Long & Foster Real Estate, Inc.
Buyer's Agent
Lei Barry
Keller Williams Real Estate-Blue Bell
List Price
$649,900
Sold Price
$625,000
Premium/Discount to List
-$24,900
-3.83%
Views
89
Current Estimated Value
$640,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,408
Avg. Annual Appreciation
2.44%
Original Mortgage
$500,000
Outstanding Balance
$494,881
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$145,527

Purchase Details

Listed on
May 19, 2014
Closed on
Jul 31, 2014
Sold by
Mcallister Shirley A
Bought by
Maniscalco Adam P
Seller's Agent
Dee Dee Reigh
Long & Foster Real Estate, Inc.
Buyer's Agent
Crista De Grazio
Realty One Group Restore - Collegeville
List Price
$400,000
Sold Price
$373,100
Premium/Discount to List
-$26,900
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$298,480
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Mcllister Shirley
Bought by
Jm Real Estate Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
3.35%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Knouse Ryan John $625,000 Germantown Title
Maniscalco Adam P $373,100 None Available
Jm Real Estate Holdings Lp $2,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knouse Ryan John $500,000
Previous Owner Maniscalco Adam P $298,480
Previous Owner Jm Real Estate Holdings Lp $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $625,000 -1.6% $222 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $635,000 -2.3% $225 / Sq Ft
08/08/2024 08/08/24 For Sale $649,900 +74.2% $231 / Sq Ft
07/31/2014 07/31/14 Sold $373,100 -5.5% $132 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
05/30/2014 05/30/14 Price Changed $395,000 -1.3% $140 / Sq Ft
05/19/2014 05/19/14 For Sale $400,000 -- $142 / 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 $5,403 $175,340 -- --
2024 $5,403 $175,340 -- --
2023 $5,212 $175,340 $0 $0
2022 $4,989 $175,340 $0 $0
2021 $4,834 $175,340 $0 $0
2020 $4,620 $175,340 $0 $0
2019 $4,541 $175,340 $0 $0
2018 $4,542 $175,340 $0 $0
2017 $4,378 $175,340 $0 $0
2016 $4,310 $175,340 $0 $0
2015 $4,057 $171,410 $53,650 $117,760
2014 $4,057 $171,410 $53,650 $117,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2113342

Bright MLS

APN: 58-00-08089-007