NOT LISTED FOR SALE

702 Somerset Ct Unit 702 Chester Springs, PA 19425

Estimated Value: $350,000 - $447,000

2 Beds
1.5 Baths
1,500 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $217,000 $145 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,438/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Living Room
  • Lionville Elementary School Rated A
  • Community Pool
  • Laundry Room

About This Home

As of August 2018

Why rent when you can own this wonderful 2 bedroom townhome in Liongate, a great community located in the award winning Downingtown School District, home of the STEM academy! As you enter into the tiled foyer you'll notice the spacious living room with a beautiful stacked stone wood-burning fireplace. The living room also has neutral tone newer carpeting. Right off the living room you'll find a large dining room area. It's great for gatherings or just enjoying a nice meal at the end of the day. The gorgeously updated kitchen features plenty of cabinets, newer appliances, lots of counter and cabinet space, a tile backsplash and tile floors. Adjacent to the kitchen is a cozy breakfast room with a large bay window. Completing the first floor is a powder room and a storage closet. Heading upstairs you'll find two very spacious bedrooms. The master bedroom features a large walk-in dressing area and closet. The renovated bathroom has a separate shower area with a large storage closet. The laundry room is conveniently located on the second floor as well. There is a also a partially floored attic for additional storage. If you enjoy relaxing outside you'll love the large gated deck right off the living room. The large wood deck is a great place to entertain a crowd or relax with a book and a cup of coffee. It also has a gate for access to the shaded lawn. Everything's been updated in this home! Newer roof, newer HVAC, newer windows, newer siding...there's nothing to do but move right in! The Liongate community features a community pool, a clubhouse, basketball courts and a playground. There's easy access to major roads including the turnpike and Route 202. Close to schools, shopping, and restaurants, this home you should definitely check out. Make an appointment and see it today! You won't be disappointed!

Last Agent to Sell the Property

Debbie Hepler

(610) 420-6500 debbie@debbiehepler.com Keller Williams Real Estate -Exton Listed on: 06/02/2018

Keller Williams Real Estate -Exton

Last Buyer's Agent

Cynthia Young

cynthiayoungrealestate@gmail.com RE/MAX Town & Country

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1981

Lot Details

  • 1,167 Sq Ft Lot

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Tile or Brick Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Lionville Elementary And Middle School
  • Downingtown High School East Campus

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0205
  • Assessor Parcel Number 33-02 -0205

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash
  • $912 Other One-Time Fees
  • Liongate Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,751

Year Built

Built in 1981

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1981
  • Remarks Public: Why rent when you can own this wonderful 2 bedroom townhome in Liongate, a great community located in the award winning Downingtown School District, home of the STEM academy! As you enter into the tiled foyer you'll notice the spacious living room with a beautiful stacked stone wood-burning fireplace. The living room also has neutral tone newer carpeting. Right off the living room you'll find a large dining room area. It's great for gatherings or just enjoying a nice meal at the end of the day. The gorgeously updated kitchen features plenty of cabinets, newer appliances, lots of counter and cabinet space, a tile backsplash and tile floors. Adjacent to the kitchen is a cozy breakfast room with a large bay window. Completing the first floor is a powder room and a storage closet. Heading upstairs you'll find two very spacious bedrooms. The master bedroom features a large walk-in dressing area and closet. The renovated bathroom has a separate shower area with a large storage closet. The laundry room is conveniently located on the second floor as well. There is a also a partially floored attic for additional storage. If you enjoy relaxing outside you'll love the large gated deck right off the living room. The large wood deck is a great place to entertain a crowd or relax with a book and a cup of coffee. It also has a gate for access to the shaded lawn. Everything's been updated in this home! Newer roof, newer HVAC, newer windows, newer siding...there's nothing to do but move right in! The Liongate community features a community pool, a clubhouse, basketball courts and a playground. There's easy access to major roads including the turnpike and Route 202. Close to schools, shopping, and restaurants, this home you should definitely check out. Make an appointment and see it today! You won't be disappointed!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Tile/Brick
  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 143.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 170.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 912.00
  • Other Fees Frequency: One Time

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: LIONVILLE
  • Middle School: LIONVILLE
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • School District Key: 300200397436
  • Elementary School: LIONVILLE
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS
  • Middle Or Junior School: LIONVILLE

Lot Info

  • Improvement Assessed Value: 64440.00
  • Land Assessed Value: 22430.00
  • Land Use Code: R10
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1167.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 281146
  • Tax Annual Amount: 2751.00
  • Assessor Parcel Number: 33-02 -0205
  • Tax Lot: 0205
  • Tax Year: 2018
  • Close Date: 08/10/2018

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 10, 2018
Sold by
Flyntz Joseph
Bought by
Mcmickle Roger C and Mcmickle Nancy D
Seller's Agent
Debbie Hepler
Keller Williams Real Estate -Exton
Buyer's Agent
Cynthia Young
RE/MAX Town & Country
List Price
$214,900
Sold Price
$217,000
Premium/Discount to List
$2,100
0.98%
Current Estimated Value
$382,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,146
Avg. Annual Appreciation
8.17%
Original Mortgage
$173,600
Outstanding Balance
$150,765
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$231,381

Purchase Details

Closed on
Nov 19, 2009
Sold by
Giovanetti Dominic and Giovanetti Mary
Bought by
Flyntz Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2000
Sold by
Saggese Eva M and Saggese Elizabeth M
Bought by
Giovanetti Dominic and Giovanetti Mary

Purchase Details

Closed on
Apr 18, 1994
Sold by
Saggese Eva M
Bought by
Saggese Eva M and Saggese Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
6%
Source: Public Records

Range of Values:

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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
Mcmickle Roger C $217,000 None Available
Flyntz Joseph $195,000 None Available
Giovanetti Dominic $96,000 --
Saggese Eva M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmickle Roger C $173,600
Previous Owner Flyntz Joseph $191,468
Previous Owner Saggese Eva M $80,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $217,000 +1.0% $145 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $214,900 0.0% $143 / Sq Ft
06/02/2018 06/02/18 For Sale $214,900 -- $143 / 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 $2,973 $86,870 $22,430 $64,440
2024 $2,973 $86,870 $22,430 $64,440
2023 $2,887 $86,870 $22,430 $64,440
2022 $2,814 $86,870 $22,430 $64,440
2021 $2,767 $86,870 $22,430 $64,440
2020 $2,751 $86,870 $22,430 $64,440
2019 $2,751 $86,870 $22,430 $64,440
2018 $2,751 $86,870 $22,430 $64,440
2017 $2,751 $86,870 $22,430 $64,440
2016 $2,463 $86,870 $22,430 $64,440
2015 $2,463 $86,870 $22,430 $64,440
2014 $2,463 $86,870 $22,430 $64,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001757746

Bright MLS

APN: 33-002-0205.0000