$359,400
SOLD MAY 21, 2020

703 Inverness Dr West Chester, PA 19380

3 Beds
3 Baths
2,342 Sq Ft
$558/mo HOA Fee

Recently Sold

$153 Per Sq Ft

5% Below List Price

Highlights

  • 24-Hour Security
  • Gated Community
  • Deck
  • Active Adult
  • Golf Course View
  • Traditional Architecture

About This Home

As of October 2024

Nestled in a lovely golf course setting, this end unit Thornbury model is a great opportunity to simplify and enjoy the easy Hersheys Mill lifestyle. The welcoming living room features a fireplace and crown molding, and the formal dining room has access to the large deck with awning. The attractive kitchen has modern appliances, a center island, and a sunny breakfast area. The main floor also features a master suite with an ensuite bathroom, a second bedroom, and a hall bathroom. The sunny walk-out lower level has a family room, office, third bedroom, third full bathroom, and laundry room. Hershey's Mill is an idyllic retreat in gorgeous Chester County, offering easy living and an inviting social community. The Hershey's Mill golf club offers a free one year social membership to new owners.

Last Agent to Sell the Property

Deborah Dorsey

(610) 724-2880 deb@debdorsey.com BHHS Fox & Roach-Rosemont Listed on: 01/08/2020

BHHS Fox & Roach-Rosemont

Co-Listed By

Dave DORSEY

(610) 724-2879 dave@debdorsey.com BHHS Fox & Roach-Rosemont

BHHS Fox & Roach-Rosemont

Last Buyer's Agent

Dave DORSEY

(610) 724-2879 dave@debdorsey.com BHHS Fox & Roach-Rosemont

BHHS Fox & Roach-Rosemont

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,785

Year Built

  • Built in 1985

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Golf Course Views
  • Security Gate

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Septic Tank
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Deck
  • 1,342 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 0618
  • Assessor Parcel Number 53-02 -0618

Community Details

Overview

  • Active Adult
  • $1,675 Capital Contribution Fee
  • Association fees include security gate, exterior building maintenance, common area maintenance, water, sewer, trash, snow removal, pool(s)
  • $2,081 Other One-Time Fees
  • Senior Community | Residents must be 55 or older
  • Hersheys Mill Subdivision, Thornbury Floorplan
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Community Library

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,785

Year Built

Built in 1985

Lot Details

0

HOA Fees

$558 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Window treatments in Den/Second Bedroom.
  • Inclusions: Washer, dryer, kitchen refrigerator, dehumidifier, lower level freezer, and some window treatments.
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Office, Storage Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Outside Entrance
  • Laundry Type: Lower Floor, Main Floor, Hookup
  • Total Sq Ft: 2342
  • Living Area Sq Ft: 2342
  • Price Per Sq Ft: 282.41
  • Above Grade Finished Sq Ft: 1342
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 703

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Golf Course
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Public Sewer, Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1675.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Cable, Common Grounds, Community Center, Gated Community, Golf Course Membership Available, Library, Pool - Outdoor, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Security Gate, Ext Bldg Maint, Common Area Maintenance, Water, Sewer, Trash, Snow Removal, Pool(s)
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Other Fees: 2081.40
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1675.00

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R55
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1342.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 3800.00
  • Tax Annual Amount: 4785.00
  • Assessor Parcel Number: 53-02 -0618
  • Tax Lot: 0618
  • Tax Total Finished Sq Ft: 2342
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/21/2020

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 4, 2024
Sold by
Crispin Samuel E and Crispin Barbara J
Bought by
Iannucci David and Iannucci Karen
Seller's Agent
Deborah Dorsey
BHHS Fox & Roach-Rosemont
Buyer's Agent
Becky Burnham
RE/MAX Excellence - Kennett Square
List Price
$550,000
Sold Price
$550,000
Views
56
Current Estimated Value
$605,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,601
Avg. Annual Appreciation
8.10%
Original Mortgage
$440,000
Outstanding Balance
$435,806
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$155,959

Purchase Details

Listed on
Jan 8, 2020
Closed on
May 6, 2020
Sold by
Mcardle James L and Mcardle Elizabeth A
Bought by
Crispin Samuel E and Crispin Barbara J
Seller's Agent
Deborah Dorsey
BHHS Fox & Roach-Rosemont
Buyer's Agent
Dave DORSEY
BHHS Fox & Roach-Rosemont
List Price
$379,000
Sold Price
$359,400
Premium/Discount to List
-$19,600
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$269,550
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Virtue Donald E and Virtue Margaret J
Bought by
Mcardle James L and Mcardle Elizabeth A

Purchase Details

Closed on
Mar 4, 1996
Sold by
Gallagher Lawrence P and Gallagher Marilyn S
Bought by
Virtue Donald E and Virtue Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7%
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 Type Sale Price Title Company
Deed $550,000 None Listed On Document
Deed $359,400 Trident Land Transfer Co Lp
Deed $382,500 --
Deed $178,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $269,550 New Conventional
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $550,000 0.0% $203 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $550,000 +53.0% $203 / Sq Ft
05/21/2020 05/21/20 Sold $359,400 -5.2% $153 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
02/09/2020 02/09/20 For Sale $379,000 +5.5% $162 / Sq Ft
02/08/2020 02/08/20 Off Market $359,400 -- --
01/08/2020 01/08/20 For Sale $379,000 -- $162 / 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 $5,241 $182,380 $54,270 $128,110
2024 $5,241 $182,380 $54,270 $128,110
2023 $5,241 $182,380 $54,270 $128,110
2022 $5,081 $182,380 $54,270 $128,110
2021 $4,817 $175,410 $54,270 $121,140
2020 $4,785 $175,410 $54,270 $121,140
2019 $4,717 $175,410 $54,270 $121,140
2018 $4,614 $175,410 $54,270 $121,140
2017 $4,511 $175,410 $54,270 $121,140
2016 $3,996 $175,410 $54,270 $121,140
2015 $3,996 $175,410 $54,270 $121,140
2014 $3,996 $175,410 $54,270 $121,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT491816

Bright MLS

APN: 53-002-0618.0000