NOT LISTED FOR SALE

575 Willis Ln Wayne, PA 19087

Estimated Value: $966,850 - $1,110,000

5 Beds
2.5 Baths
2,380 Sq Ft
$428/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $765,000 $321 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,149/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • New Eagle Elementary School Rated A+
  • 2 Fireplaces
  • Porch

About This Home

As of September 2021

Welcome to 575 Willis Lane, a terrific FIVE bedroom Colonial set on a quiet cul-de-sac in the heart of Wayne. This beautifully updated home sits on a lovely lot in the very heart of the top ranked Tredyffrin-Easttown School District. The formal entrance hall opens to the spacious living room featuring a wood burning fireplace with Colonial mantle and handsome brick hearth and surround. The formal dining room is the perfect space for family gatherings and holiday celebrations. The updated eat-in kitchen offers granite countertops, great cabinet space, a tile backsplash, a granite topped center island and a nice sized dining area. The family room features a second fireplace with gas insert and a doorway to the rear patio. An updated powder room, a convenient first floor laundry area and a cute mudroom area leading to the two car garage complete the picture for the first floor of this terrific home.
Upstairs you'll find the master suite with a huge walk-in closet and beautifully renovated master bathroom with gorgeous granite and custom tile work. FOUR additional good sized bedrooms are serviced by a gorgeously renovated hall bathroom.
The massive unfinished basement offers tremendous storage space and endless possibilities.
Outside you'll find a lovely patio area surrounded by mature shade trees, the ideal setting for relaxing, entertaining, grilling and dining al fresco.
New siding, windows and roof in 2014! Hardwood flooring, a charming covered front porch, tremendous closet and storage space, ceiling fans, mature plantings, TWO fireplaces, FIVE bedrooms and a serene setting all come together to make 575 Willis Lane a very special place to call home. A fantastic home in a wonderful location. This is it. Welcome home!

Last Agent to Sell the Property

John Collins

(484) 919-2420 john@calljohncollins.com RE/MAX Main Line - Devon License #RS184736L Listed on: 07/30/2021

RE/MAX Main Line - Devon

Last Buyer's Agent

Ann Hartman

(484) 753-3009 annieshartman@gmail.com RE/MAX Main Line - Devon

RE/MAX Main Line - Devon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,153

Year Built

  • Built in 1966

Lot Details

  • 0.5 Acre Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 2,380 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Window Treatments
  • Kitchen Island
  • Unfinished Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • New Eagle Elementary School
  • Valley Forge Middle School
  • Conestoga High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0052.0300
  • Assessor Parcel Number 43-06P-0052.0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,153

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Shelving and cabinet unit in family room
  • Inclusions: washer, dryer, refrigerator, window treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Kitchen - Island, Window Treatments
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2380
  • Living Area Sq Ft: 2380
  • Price Per Sq Ft: 314.92
  • Above Grade Finished Sq Ft: 2380
  • 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: Frame, Masonry
  • Roof: Asphalt
  • 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: Paved Parking
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: NEW EAGLE
  • High School: CONESTOGA
  • Middle Or Junior School: VALLEY FORGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 188970.00
  • Land Assessed Value: 94980.00
  • Lot Size Acres: 0.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21605.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 317610
  • School Tax: 7131.00
  • Tax Annual Amount: 9153.00
  • Assessor Parcel Number: 43-06P-0052.0300
  • Tax Lot: 0052.0300
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 17, 2021
Sold by
Yagley Michael J and Yagley Carolyn
Bought by
Sugam Jonathan A and Sugam Laura R
Seller's Agent
John Collins
RE/MAX Main Line - Devon
Buyer's Agent
Ann Hartman
RE/MAX Main Line - Devon
List Price
$749,500
Sold Price
$765,000
Premium/Discount to List
$15,500
2.07%
Current Estimated Value
$1,017,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,463
Avg. Annual Appreciation
6.87%
Original Mortgage
$612,000
Outstanding Balance
$556,874
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$460,589

Purchase Details

Closed on
Nov 1, 1980
Bought by
Yagley Michael J and Yagley Carolyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sugam Jonathan A $765,000 T A Of The Main Line Llc
Yagley Michael J $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sugam Jonathan A $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $765,000 +2.1% $321 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $749,500 -- $315 / 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 $10,002 $283,950 $94,980 $188,970
2024 $10,002 $283,950 $94,980 $188,970
2023 $9,395 $283,950 $94,980 $188,970
2022 $9,153 $283,950 $94,980 $188,970
2021 $8,979 $283,950 $94,980 $188,970
2020 $8,731 $283,950 $94,980 $188,970
2019 $7,132 $283,950 $94,980 $188,970
2018 $8,288 $283,950 $94,980 $188,970
2017 $8,090 $283,950 $94,980 $188,970
2016 -- $283,950 $94,980 $188,970
2015 -- $283,950 $94,980 $188,970
2014 -- $283,950 $94,980 $188,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2003652

Bright MLS

APN: 43-06P-0052.0300