NOT LISTED FOR SALE

555 Old Horseshoe Pike Downingtown, PA 19335

Estimated Value: $318,000 - $626,000

2 Beds
1.5 Baths
1,746 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $360,000 $206 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,055/month

Highlights

  • 1.58 Acre Lot
  • No HOA
  • 2 Car Detached Garage
  • Beaver Creek Elementary School Rated A-
  • Cottage
  • Parking Storage or Cabinetry

About This Home

As of October 2019

Amazing renovation located in Downingtown area school district! Rustic and contemporary styles mesh perfectly in this beautifully done home. Light filled galley kitchen with vaulted ceilings, skylight, gas cooking and stainless appliances will make you happy to stay in and make a meal. The dining room is nothing short of amazing with 8 light-filled windows on one side and stone walls on the other! At opposite ends of this gorgeous room with vaulted ceilings is a lovely window seat and a built-in bench for storage. The living room has a stone wall and exposed ceiling beams. The wood stove makes a lovely focal point. Radiant heated floors in addition to the wood stove make this level cozy and warm in winter. A powder room and a large laundry room/utility room finish this level. The second floor has a lovely guest bedroom and a very pretty full bath with large tiled shower and a heat fan. The main bedroom is on the 3rd floor and has a large closet area, ceiling fan and recessed lighting. This home is complete with deep window sills and enough charm to fill a home twice the size. There is even a huge 32 x 24-foot garage with running water and electricity and a 12 x 32 loft for storage. The list of improvements include a chimney liner and cap, 200 amp service in the home and 100 amps service in the garage, new well pump, new hot water heater, all new windows, complete renovation from sheet rook to roof, electric hydronic baseboard heaters on the 2nd and 3rd floor in addition to the radiant heat and wood stove on the first level. There's even an outside shower! You really won't want to miss this truly one of a kind home on a private and quiet drive.

Last Agent to Sell the Property

Susan Mangigian

RE/MAX Preferred - Newtown Square License #RS152252A Listed on: 09/04/2019

RE/MAX Preferred - Newtown Square

Last Buyer's Agent

Susan Mangigian

RE/MAX Preferred - Newtown Square License #RS152252A Listed on: 09/04/2019

RE/MAX Preferred - Newtown Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1800 | Remodeled in 2014

Lot Details

  • 1.58 Acre Lot
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Cottage
  • Converted Dwelling
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Heating System Powered By Owned Propane
  • Hot Water Heating System
  • Well
  • Propane Water Heater
  • Cesspool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0045.0100
  • Assessor Parcel Number 30-06 -0045.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,048

Year Built

Built in 1800 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Converted Dwelling
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-09-10
  • Year Built: 1800
  • Year Renovated: 2014
  • Remarks Public: Amazing renovation located in Downingtown area school district! Rustic and contemporary styles mesh perfectly in this beautifully done home. Light filled galley kitchen with vaulted ceilings, skylight, gas cooking and stainless appliances will make you happy to stay in and make a meal. The dining room is nothing short of amazing with 8 light-filled windows on one side and stone walls on the other! At opposite ends of this gorgeous room with vaulted ceilings is a lovely window seat and a built-in bench for storage. The living room has a stone wall and exposed ceiling beams. The wood stove makes a lovely focal point. Radiant heated floors in addition to the wood stove make this level cozy and warm in winter. A powder room and a large laundry room/utility room finish this level. The second floor has a lovely guest bedroom and a very pretty full bath with large tiled shower and a heat fan. The main bedroom is on the 3rd floor and has a large closet area, ceiling fan and recessed lighting. This home is complete with deep window sills and enough charm to fill a home twice the size. There is even a huge 32 x 24-foot garage with running water and electricity and a 12 x 32 loft for storage. The list of improvements include a chimney liner and cap, 200 amp service in the home and 100 amps service in the garage, new well pump, new hot water heater, all new windows, complete renovation from sheet rook to roof, electric hydronic baseboard heaters on the 2nd and 3rd floor in addition to the radiant heat and wood stove on the first level. There's even an outside shower! You really won't want to miss this truly one of a kind home on a private and quiet drive.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1746
  • Living Area Sq Ft: 1746
  • Price Per Sq Ft: 328.97
  • Above Grade Finished Sq Ft: 1146
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 555

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • 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
  • Garage Features: Garage Door Opener, Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Propane - Owned
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Cess Pool
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86440.00
  • Land Assessed Value: 60240.00
  • Land Use Code: R10
  • Lot Size Acres: 1.58
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 68730.00
  • Year Assessed: 2019
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2487305
  • School Tax: 3987.00
  • Tax Annual Amount: 5048.00
  • Assessor Parcel Number: 30-06 -0045.0100
  • Tax Lot: 0045.0100
  • Tax Total Finished Sq Ft: 1746
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/30/2019

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 30, 2019
Sold by
Federer William F
Bought by
Yannelli Steven A and Yannelli Jessica A
Seller's Agent
Susan Mangigian
RE/MAX Preferred - Newtown Square
Buyer's Agent
Susan Mangigian
RE/MAX Preferred - Newtown Square
List Price
$377,000
Sold Price
$360,000
Premium/Discount to List
-$17,000
-4.51%
Current Estimated Value
$488,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,192
Original Mortgage
$230,000
Outstanding Balance
$207,424
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Dimarco Gustino and Dimarco Evelyn T
Bought by
Federer William F
Source: Public Records

Range of Values:

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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
Yannelli Steven A $360,000 Preferred Closing Svcs Llc
Federer William F $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yannelli Steven A $230,000
Previous Owner Federer William F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $360,000 -4.5% $206 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $377,000 -- $216 / 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 $5,448 $146,680 $60,240 $86,440
2024 $5,448 $146,680 $60,240 $86,440
2023 $5,301 $146,680 $60,240 $86,440
2022 $5,101 $146,680 $60,240 $86,440
2021 $5,083 $146,680 $60,240 $86,440
2020 $5,056 $146,680 $60,240 $86,440
2019 $5,048 $146,680 $60,240 $86,440
2018 $5,048 $146,680 $60,240 $86,440
2017 $4,995 $146,680 $60,240 $86,440
2016 $1,849 $146,680 $60,240 $86,440
2015 $1,849 $127,390 $60,240 $67,150
2014 $1,849 $60,240 $60,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT488256

Bright MLS

APN: 30-006-0045.0100