NOT LISTED FOR SALE

674 Timber Ln Devon, PA 19333

Estimated Value: $1,101,000 - $2,786,000

4 Beds
2.5 Baths
2,400 Sq Ft
$833/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $647,000 $270 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $12,677/month

222 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • New Eagle Elementary School Rated A+
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of August 2020

Beautifully situated on Flat lot, Located on Timber Lane in Devon, this 2-story, early American-styled, brick home is part of the exclusive Shand Tract, one of the most picturesque neighborhoods in the country. The builder, Robert Narrigan, built this house for his personal residence but ended up selling it to Eugene Jaeger MD, son of the well-known brain surgeon who founded the Department of Neurosurgery at Jefferson Medical Hospital. This house features not only a flat, 3/4-acre lot at the highest crest of the lane but a sizable building envelope off the living room side of the house for a large addition. With the traditional 4 bedrooms, 2- 1/2 baths, this home also offers the easy potential for a 5th bedroom and full bath over the garage. Graced with a large kitchen featuring a fireplace and raised hearth that opens to a lovely slate patio, this property also has an elegant foyer, dining room and living room with another fireplace and built-in bookshelves. All these rooms and all the bedrooms have gorgeous hardwood floors. Recently added is a second-story sun porch where you can enjoy a cup of tea on a late afternoon while looking over a forest of beautiful trees. . As far as the neighborhood, you cannot wish for more. Convenient to local elementary, middle and high schools, route 202, Lancaster Avenue, the Devon train station, The Devon Horse Show, two post offices and several shopping centers (including a Trader Joes), 674 Timber Lane is also an easy commute to Center City and the Philadelphia Airport.

Last Agent to Sell the Property

Philip Cannavo

(610) 363-6006 philcannavo@aol.com VRA Realty License #RS270930 Listed on: 11/30/2019

VRA Realty

Co-Listed By

Gary Birchall

(610) 233-5928 gbirchall@birchmax.com BHHS Fox & Roach Malvern-Paoli

Last Buyer's Agent

Susan Shea

(610) 304-7227 Susy.Shea@foxroach.com BHHS Fox & Roach Wayne-Devon License #RS228024L

BHHS Fox & Roach Wayne-Devon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,703

Year Built

  • Built in 1959

Lot Details

  • 0.7 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Location

  • Suburban Location

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Shand Tract Subdivision

Listing and Financial Details

  • Tax Lot 0074.0300
  • Assessor Parcel Number 43-10D-0074.0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,703

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-11-30
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 269.58
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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 - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air, Forced Air
  • 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

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 SENIOR
  • Middle Or Junior School: VALLEY FORGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 214520.00
  • Land Assessed Value: 62920.00
  • Lot Size Acres: 0.70
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30429.00
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 320615
  • School Tax: 6797.00
  • Tax Annual Amount: 8703.00
  • Assessor Parcel Number: 43-10D-0074.0300
  • Tax Lot: 0074.0300
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2019
Closed on
Aug 11, 2020
Sold by
Jaeger James R and Estate Of Henrietta M Jaeger
Bought by
Addesi Gerard D and Addesi Eleanor D
Seller's Agent
Philip Cannavo
VRA Realty
Buyer's Agent
Susan Shea
BHHS Fox & Roach Wayne-Devon
List Price
$655,000
Sold Price
$647,000
Premium/Discount to List
-$8,000
-1.22%
Current Estimated Value
$1,999,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,352,256
Avg. Annual Appreciation
23.33%
Original Mortgage
$517,600
Outstanding Balance
$459,148
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,540,108
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
Addesi Gerard D $647,000 Trident Land Transfer Co Lp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addesi Gerard D $517,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $647,000 -1.2% $270 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $655,000 0.0% $273 / Sq Ft
06/19/2020 06/19/20 For Sale $655,000 +1.2% $273 / Sq Ft
06/13/2020 06/13/20 Off Market $647,000 -- --
05/20/2020 05/20/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $640,000 -1.5% $267 / Sq Ft
04/20/2020 04/20/20 Price Changed $650,000 -5.1% $271 / Sq Ft
04/17/2020 04/17/20 Price Changed $685,000 -0.7% $285 / Sq Ft
04/10/2020 04/10/20 Price Changed $690,000 -0.4% $288 / Sq Ft
04/08/2020 04/08/20 Price Changed $693,000 -0.7% $289 / Sq Ft
03/13/2020 03/13/20 Price Changed $698,000 -4.1% $291 / Sq Ft
02/27/2020 02/27/20 Price Changed $727,500 +0.3% $303 / Sq Ft
02/14/2020 02/14/20 Price Changed $725,000 -3.2% $302 / Sq Ft
01/21/2020 01/21/20 Price Changed $749,000 -4.0% $312 / Sq Ft
01/20/2020 01/20/20 Price Changed $780,000 -1.3% $325 / Sq Ft
11/30/2019 11/30/19 For Sale $790,000 -- $329 / 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 $26,427 $750,280 $62,920 $687,360
2024 $26,427 $750,280 $62,920 $687,360
2023 $23,891 $722,080 $62,920 $659,160
2022 $8,943 $277,440 $62,920 $214,520
2021 $8,773 $277,440 $62,920 $214,520
2020 $8,531 $277,440 $62,920 $214,520
2019 $8,261 $277,440 $62,920 $214,520
2018 $8,098 $277,440 $62,920 $214,520
2017 $7,905 $277,440 $62,920 $214,520
2016 -- $277,440 $62,920 $214,520
2015 -- $277,440 $62,920 $214,520
2014 -- $277,440 $62,920 $214,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT494462

Bright MLS

APN: 43-10D-0074.0300