NOT LISTED FOR SALE

Estimated Value: $434,000 - $490,000

3 Beds
2 Baths
1,632 Sq Ft
$288/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $475,000 $291 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,890/month

19 Days on Market

Highlights

  • No HOA
  • Cottage
  • Split Rail Fence
  • Kennett High School Rated A-
  • Shed
  • Wood Burning Fireplace

About This Home

As of July 2024

Known as “The Cottage on Cope Road” this adorable 1920’s cottage is full of charm and vintage details. Lovingly updated and maintained by the same owner since 2005, this property is quaint and peaceful. Due to its dual zoning – residential (County) and commercial (Township) – it offers a unique opportunity within walking distance to downtown Kennett Square.

For Buyers who want the convenience of being in-town in Kennett, but want a little more room to play, garden and entertain, this is a fantastic property! Easy one-floor living provides 3 bedrooms and 2 full bathrooms, with multiple other rooms that could be used as an additional bedroom, an office, a den, etc. A generous living room with a wood burning fireplace anchors the home and is a cozy gathering spot. Off of this space, an adorable smaller room is currently set up for reading a book while taking in the view out the window. In the kitchen, the original upper cabinets and matching built-in have been repainted, but the appliances have recently been replaced for a lovely mix of old and new. A walkup attic with loads of storage and an unfinished basement complete the home.

For Buyers who want to take advantage of the commercial aspect of this property, the options are plentiful. You could use the entire home for your business, or rent out some of the rooms to other tenants. A shared space for professionals would be easy to establish; with various exterior entrances, independent spaces could be created with the kitchen and a bathroom being shared.

For investors and developers, the myriad by-right commercial uses offer tremendous potential. Projects of varying scope and size could be explored.

A property like this doesn’t often come up for sale so don’t miss out on this incredible offering.

Last Agent to Sell the Property

Kyle McKean

Long & Foster Real Estate, Inc. License #RS362679 Listed on: 05/04/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

David Harrell

Long & Foster Real Estate, Inc. License #R3-0013718

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1920 | Remodeled in 2005

Lot Details

  • 0.77 Acre Lot
  • Split Rail Fence
  • Privacy Fence
  • Zoning described as Dual zoning: Residential (County) and Commercial (Township)

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,632 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0026
  • Assessor Parcel Number 62-04 -0026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,505

Year Built

Built in 1920 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Cottage
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Refrigerator, stove, washer and dryer (all in as-is condition)
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-04
  • Year Built: 1920
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Known as “The Cottage on Cope Road” this adorable 1920’s cottage is full of charm and vintage details. Lovingly updated and maintained by the same owner since 2005, this property is quaint and peaceful. Due to its dual zoning – residential (County) and commercial (Township) – it offers a unique opportunity within walking distance to downtown Kennett Square. For Buyers who want the convenience of being in-town in Kennett, but want a little more room to play, garden and entertain, this is a fantastic property! Easy one-floor living provides 3 bedrooms and 2 full bathrooms, with multiple other rooms that could be used as an additional bedroom, an office, a den, etc. A generous living room with a wood burning fireplace anchors the home and is a cozy gathering spot. Off of this space, an adorable smaller room is currently set up for reading a book while taking in the view out the window. In the kitchen, the original upper cabinets and matching built-in have been repainted, but the appliances have recently been replaced for a lovely mix of old and new. A walkup attic with loads of storage and an unfinished basement complete the home. For Buyers who want to take advantage of the commercial aspect of this property, the options are plentiful. You could use the entire home for your business, or rent out some of the rooms to other tenants. A shared space for professionals would be easy to establish; with various exterior entrances, independent spaces could be created with the kitchen and a bathroom being shared. For investors and developers, the myriad by-right commercial uses offer tremendous potential. Projects of varying scope and size could be explored. A property like this doesn’t often come up for sale so don’t miss out on this incredible offering.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space, Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 305.76
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 629

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Lot Info

  • Fencing: Split Rail, Privacy
  • Land Use Code: R10
  • Lot Size Acres: 0.77
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33402.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • Zoning Description: Dual zoning: Residential (County) and Commercial (Township)

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2843.00
  • Tax Annual Amount: 3505.00
  • Assessor Parcel Number: 62-04 -0026
  • Tax Lot: 0026
  • Tax Total Finished Sq Ft: 1632
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 22, 2024
Sold by
Taylor Kathy M
Bought by
Leonard Kathleen
Seller's Agent
Kyle McKean
Long & Foster Real Estate, Inc.
Buyer's Agent
David Harrell
Long & Foster Real Estate, Inc.
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Views
156
Current Estimated Value
$469,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,595
Avg. Annual Appreciation
-1.18%
Original Mortgage
$380,000
Outstanding Balance
$377,341
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$92,064

Purchase Details

Closed on
Sep 14, 2005
Sold by
Federal National Mortgage Association
Bought by
Ventura David R

Purchase Details

Closed on
Dec 9, 2004
Sold by
Smith Steele S
Bought by
Federal National Mortgage Association
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
Leonard Kathleen $475,000 None Listed On Document
Ventura David R $171,000 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Kathleen $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $475,000 -4.8% $291 / Sq Ft
05/10/2024 05/10/24 Price Changed $499,000 -9.3% $306 / Sq Ft
05/04/2024 05/04/24 For Sale $550,000 -- $337 / 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
2024 $3,575 $87,660 $43,880 $43,780
2023 $3,505 $87,660 $43,880 $43,780
2022 $3,412 $87,660 $43,880 $43,780
2021 $3,361 $87,660 $43,880 $43,780
2020 $3,298 $87,660 $43,880 $43,780
2019 $3,254 $87,660 $43,880 $43,780
2018 $3,186 $87,660 $43,880 $43,780
2017 $2,964 $87,660 $43,880 $43,780
2016 $348 $87,660 $43,880 $43,780
2015 $348 $87,660 $43,880 $43,780
2014 $348 $87,660 $43,880 $43,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2061578

Bright MLS

APN: 62-004-0026.0000