NOT LISTED FOR SALE

561 Greenridge Rd Glenmoore, PA 19343

Estimated Value: $614,695

3 Beds
1.5 Baths
1,425 Sq Ft
$431/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $350,000 $246 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,015/month

67 Days on Market

Highlights

  • Deck
  • Rambler Architecture
  • Ramp on the main level
  • Springton Manor Elementary School Rated A
  • Corner Lot
  • South Facing Home

About This Home

As of August 2023

FABULOUS OPPORTUNITY IN DOWNINGTOWN EAST SCHOOLS! Don't let this opportunity pass you by! WOW! Talk about Christmas in JULY!!! SELLER IS OFFERING A $15,000 SELLER CREDIT FOR A CLOSING ON OR BEFORE 8/30/23!! Fabulous one floor living in this 3 bedroom (or 2 bedrooms + den), 1.5 bath rancher! This adorable home greets you with it's sun-soaked living room with large windows and southern exposure! Luxury vinyl plank flooring runs throughout the home. The bright, open, airy kitchen has granite counters, pantry and sliding doors opening to the private deck. A den off of the kitchen can also be used as a 3rd bedroom . The master bedroom is oversized with ample storage and closet space. A large, same floor laundry offers plenty of storage as well! This home also has walkable 2nd floor storage which can be customized as well for additional living space or raised for a complete 2nd floor! A separate detached building has availability for it's own water/sewer hookup and with a little creativity; could be used as an in-law . quarters, private office, or Air BNB. So many possibilities! This parcel also has approval for a 2 car garage which can be built at any time. With the property being sold "as is"; this gives the next owner the opportunity to customize and expand their ideas and dreams! A dedicated driveway is being completed which will then change the address of this HIDDEN GEM to "521 McGraw Lane" - making it part of the established community of Greenridge.
Situated in the coveted Downingtown East schools with the renowned STEM academy! Close to turnpike, transit, shopping, dining, parks and more! Home currently rents for $1900 month. Keep it rented while you enhance the detached building and or build your garage! Don't wait! PLEASE NOTE: The Taxes are an estimation based on Chester County common level ratio as this is part of newer subdivision. This opportunity won't last long!

Last Agent to Sell the Property

Sharon Sharpe

Realty One Group Advocates License #RS283838 Listed on: 06/02/2023

Realty One Group Advocates

Last Buyer's Agent

Sharon Sharpe

Realty One Group Advocates License #RS283838 Listed on: 06/02/2023

Realty One Group Advocates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1940

Lot Details

  • South Facing Home
  • Corner Lot
  • Level Lot
  • Property is in excellent condition
  • Property is zoned C60, Home is part of recent adaptive re-use HOA subdivision

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • Property has 1 Level
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Springton Manor Elementary School
  • Downingtown High School East Campus

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Public Septic

Community Details

  • Greenbridge HOA

Listing and Financial Details

  • Tax Lot 0007.02B0
  • Assessor Parcel Number 32-01 -0007.02B0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,868

Year Built

Built in 1940

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Ramp - Main Level
  • Exclusions: washer and dryer (tenant property)
  • Inclusions: refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1425
  • Living Area Sq Ft: 1425
  • Price Per Sq Ft: 270.11
  • Above Grade Finished Sq Ft: 1425
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 561

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Concrete
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: GREENBRIDGE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: SPRINGTON MANOR
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: SPRINGTON MANOR
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS

Lot Info

  • Land Use Code: C60
  • Lot Features: Corner, Level
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: C60
  • Zoning Description: Home is part of recent adaptive re-use HOA subdivision

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 4095.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4868.00
  • Assessor Parcel Number: 32-01 -0007.02B0
  • Tax Lot: 0007.02B0
  • Tax Total Finished Sq Ft: 1425
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/23/2023

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Warwick Land Development Inc
Bought by
Fc Glenmoore Llc
Current Estimated Value
$614,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 1, 2023
Sold by
Warwick Land Development Inc
Bought by
Livick Jeffrey P
Seller's Agent
Sharon Sharpe
Realty One Group Advocates
Buyer's Agent
Sharon Sharpe
Realty One Group Advocates
List Price
$419,000
Sold Price
$350,000
Premium/Discount to List
-$69,000
-16.47%
Views
270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.17%
Original Mortgage
$518,760
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2023
Sold by
Warwick Land Development Inc
Bought by
Ceribelli Peter A and Ceribelli Marjorie M

Purchase Details

Closed on
May 15, 2023
Sold by
Warwick Land Development Inc
Bought by
Guiles Stacy A

Purchase Details

Closed on
Sep 5, 2000
Sold by
Biesemeyer Ralph E and Biesemeyer Jil
Bought by
Open Community Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Fc Glenmoore Llc $825,000 Brendan Abstract
Livick Jeffrey P $576,400 None Listed On Document
Ceribelli Peter A $590,681 None Listed On Document
Guiles Stacy A $632,646 None Listed On Document
Open Community Corp $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fc Glenmoore Llc $3,000,000
Closed Fc Glenmoore Llc $390,000
Previous Owner Livick Jeffrey P $518,760
Previous Owner Warwick Land Development Inc $2,435,615
Previous Owner Warwick Land Development Inc $250,000
Previous Owner Warwick Land Development Inc $2,975,000
Previous Owner Open Community Corp $140,000
Closed Open Community Corp $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $350,000 -9.1% $246 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $384,900 -3.8% $270 / Sq Ft
06/20/2023 06/20/23 Price Changed $399,900 -4.6% $281 / Sq Ft
06/02/2023 06/02/23 For Sale $419,000 0.0% $294 / Sq Ft
08/20/2018 08/20/18 Rented $1,800 0.0% --
08/20/2018 08/20/18 Under Contract -- -- --
08/02/2018 08/02/18 For Rent $1,800 +44.0% --
08/10/2015 08/10/15 Rented $1,250 -16.7% --
08/06/2015 08/06/15 Under Contract -- -- --
06/26/2015 06/26/15 For Rent $1,500 -- --
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 $7,563 $184,240 $76,560 $107,680
2024 $7,563 $215,200 $107,520 $107,680
2023 $7,348 $215,200 $107,520 $107,680
2022 $7,169 $215,200 $107,520 $107,680
2021 $7,051 $215,200 $107,520 $107,680
2020 $7,012 $215,200 $107,520 $107,680
2019 $7,012 $215,200 $107,520 $107,680
2018 $7,012 $215,200 $107,520 $107,680
2017 $33,457 $1,026,760 $107,520 $919,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2046354

Bright MLS

APN: 32-001-0007.02B0