NOT LISTED FOR SALE

7 Chestnut Ln Wayne, PA 19087

Estimated Value: $1,104,979 - $1,506,000

4 Beds
2.5 Baths
2,280 Sq Ft
$563/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $840,000 $368 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,537/month

Highlights

  • Eat-In Gourmet Kitchen
  • Wooded Lot
  • Wood Flooring
  • Tredyffrin-Easttown Middle School Rated A+
  • Traditional Architecture
  • Upgraded Countertops

About This Home

As of January 2020

Charming doesn t begin to describe 7 Chestnut Lane. It may be one of the most coveted streets in the township. It is a quiet, tree lined, gorgeous stretch of Strafford Village. The 4 bedroom, stone home is filled with sunny rooms, random-width hardwood floors, arched doorways and deep window sills, dating back to when homes were built to last. However, 7 Chestnut has owners that have meticulously updated their home to make it work for a family of today. The Kitchen is spectacular with cabinets galore, granite countertops, a peninsula that seats 4, and stainless modern appliances including a 5-burner Thermador Range. The Basement has been completely refinished and is a great open family space. The 3rd floor is finished and houses the 4th Bedroom and a large, sunny and bright Office. The Dining Room leads out to a peaceful covered flagstone patio. The current owners have lovingly maintained this home and upgraded almost everything. They have completely renovated the upstairs Hall Bath, refinished the hardwood floors, installed a new gas fireplace in the Living Room, replaced the windows, installed a new HVAC in 2017, purchased new shutters, expanded the driveway, added stone retaining walls, professionally landscaped the yard, refinished the garage, replaced outdoor light fixtures, and installed new gutters. No stone was left unturned!Even though the house itself is pretty close to perfect, some would say that the best thing about this home is that it s located on Chestnut Lane in Strafford Village. Strafford Village is an old-fashioned neighborhood with neighbors that care about their community and take care of each other. Strafford Village has many social events, such as the Spring Thing Cocktail Party, Egg Hunt, 4th of July Parade and Picnic, Progressive Dinner, and Holiday Party. It is perfectly located in the award-winning T/E School District, and a few blocks from the Strafford Train Station and downtown Wayne.

Last Agent to Sell the Property

Wendy Haabestad

(610) 842-0072 Wendy.Haabestad@foxroach.com BHHS Fox & Roach Wayne-Devon Listed on: 11/04/2019

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Robin Elliott

(203) 273-9588 robin.elliott@foxroach.com Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,646

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Stone Retaining Walls
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R2

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Monitored

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed
  • Playground

Location

  • Suburban Location

Schools

  • Devon Elementary School
  • T E Middle School
  • Conestoga High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Strafford Village Subdivision

Listing and Financial Details

  • Tax Lot 0085
  • Assessor Parcel Number 43-11G-0085

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,646

Year Built

Built in 1941

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Living Room and Dining Room Window Treatments, Basement Refrigerator and Freezer, Swingset
  • Historic: No
  • Inclusions: Washer/Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2019-11-04
  • Federal Flood Zone: No
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Crown Moldings, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Office
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2280
  • Price Per Sq Ft: 361.84
  • Above Grade Finished Sq Ft: 2280
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Other Structures List: Shed, Garage(s)
  • Construction Materials: Stone
  • Exterior Features: Play Area, Stone Retaining Walls
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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: DEVON
  • High School: CONESTOGA
  • Middle Or Junior School: T E MIDDLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Front Yard, Landscaping, Level, Rear Yard, Sloping, Trees/Wooded
  • Lot Size Acres: 0.26
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R2
  • Zoning Description: Residential

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 6730.00
  • Tax Annual Amount: 8646.00
  • Assessor Parcel Number: 43-11G-0085
  • Tax Lot: 0085
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 31, 2019
Sold by
Corkery Ryan R and Corkery Heather M
Bought by
Hellberg Eric W and Hellberg Lindsey C
Seller's Agent
Wendy Haabestad
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Robin Elliott
Compass RE
List Price
$825,000
Sold Price
$840,000
Premium/Discount to List
$15,000
1.82%
Current Estimated Value
$1,284,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,245
Avg. Annual Appreciation
7.37%
Original Mortgage
$672,000
Outstanding Balance
$593,739
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$690,506

Purchase Details

Closed on
May 1, 2009
Sold by
Baker Kerry R
Bought by
Corkery Ryan R and Corkery Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hellberg Eric W $840,000 Trident Land Transfer Co Lp
Corkery Ryan R $640,000 Penntitle Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hellberg Eric W $672,000
Previous Owner Corkery Ryan R $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $840,000 +1.8% $368 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $825,000 -- $362 / 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 $9,928 $281,850 $103,250 $178,600
2024 $9,928 $281,850 $103,250 $178,600
2023 $9,325 $281,850 $103,250 $178,600
2022 $9,085 $281,850 $103,250 $178,600
2021 $8,912 $281,850 $103,250 $178,600
2020 $8,666 $281,850 $103,250 $178,600
2019 $6,375 $281,850 $103,250 $178,600
2018 $8,226 $281,850 $103,250 $178,600
2017 $8,030 $281,850 $103,250 $178,600
2016 -- $281,850 $103,250 $178,600
2015 -- $281,850 $103,250 $178,600
2014 -- $281,850 $103,250 $178,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT492656

Bright MLS

APN: 43-11G-0085.0000