NOT LISTED FOR SALE

7 Black Horse Cir Downingtown, PA 19335

Estimated Value: $622,179 - $694,000

8.9 Acres
$73,207 Price per Acre
387,684 Sq Ft Lot

Last Sold January 24, 2020

Last sale price $300,000

Est. 117% increase in value since last sale

Current estimated payment $4,089/month

157 Days on Market

Highlights

  • Horses Allowed On Property
  • 8.9 Acre Lot
  • No HOA
  • Springton Manor Elementary School Rated A

About This Lot

As of January 2020

Would you like to own your own little slice of Heaven? You must take a look at the almost 9 Acre Parcel in Downingtown School District! Come see this beautiful mostly open land with your very own pond for fishing! Your horse will love it too! No Builder tie in...use your own or let us suggest someone. Wait till you see the views...it will take your breath away. This is an approved lot including Septic Permit in hand...so...start building! Minutes from the Downingtown Interchange of the Pa. Turnpike, Restaurants and Shopping.

Last Agent to Sell the Property

Peter O'Malley

New Precision Realty License #RS275741 Listed on: 04/28/2019

Last Buyer's Agent

Michelle Pyle

Coldwell Banker Hearthside Realtors-Collegeville License #RS296613

Coldwell Banker Hearthside Realtors-Collegeville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,352

Lot Details

  • 8.9 Acre Lot
  • Property is zoned R2

Additional Features

  • Horses Allowed On Property
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0007
  • Assessor Parcel Number 32-02 -0007

Property Details

Property Type

Land

Est. Annual Taxes

$2,352

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Would you like to own your own little slice of Heaven? You must take a look at the almost 9 Acre Parcel in Downingtown School District! Come see this beautiful mostly open land with your very own pond for fishing! Your horse will love it too! No Builder tie in...use your own or let us suggest someone. Wait till you see the views...it will take your breath away. This is an approved lot including Septic Permit in hand...so...start building! Minutes from the Downingtown Interchange of the Pa. Turnpike, Restaurants and Shopping.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.85
  • Street Number Modifier: Lot #7

Beds/Baths

  • Bedrooms Perc Count: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Land Use Code: V10
  • Lot Count: 1
  • Lot Size Acres: 8.90
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 387684.00
  • Perc Type: Approved
  • Year Assessed: 2019
  • Zoning: R2
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 278714
  • School Tax: 1962.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2352.00
  • Assessor Parcel Number: 32-02 -0007
  • Tax Lot: 0007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/24/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 1998
Sold by
Roberts Edward and Roberts Elizabeth P
Bought by
Ferrari Mark and Ferrari Karen
Current Estimated Value
$651,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,450
Interest Rate
6.68%
Mortgage Type
VA

Purchase Details

Closed on
Oct 16, 1997
Sold by
Grace Vincent P and Grace Nancy L
Bought by
Roberts Edward and Roberts Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
7.46%
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
Ferrari Mark $178,900 --
Roberts Edward $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Mark $50,000
Open Ferrari Mark $238,400
Closed Ferrari Mark $80,000
Closed Ferrari Mark $86,036
Closed Ferrari Mark $182,450
Previous Owner Roberts Edward $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $300,000 -8.8% --
10/05/2019 10/05/19 For Sale $329,000 0.0% --
10/02/2019 10/02/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $329,000 -6.0% --
07/30/2019 07/30/19 Price Changed $350,000 -6.7% --
04/28/2019 04/28/19 For Sale $375,000 -- --
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 $6,791 $193,250 $45,300 $147,950
2024 $6,791 $193,250 $45,300 $147,950
2023 $6,598 $193,250 $45,300 $147,950
2022 $6,380 $191,530 $45,300 $146,230
2021 $6,276 $191,530 $45,300 $146,230
2020 $6,241 $191,530 $45,300 $146,230
2019 $6,241 $191,530 $45,300 $146,230
2018 $6,241 $191,530 $45,300 $146,230
2017 $62 $191,530 $45,300 $146,230
2016 $5,642 $183,760 $45,300 $138,460
2015 $5,642 $183,760 $45,300 $138,460
2014 $5,642 $183,760 $45,300 $138,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT475968

Bright MLS

APN: 32-003-0009.2700