NOT LISTED FOR SALE

703 Mckernan Ln Exton, PA 19341

Estimated Value: $552,000 - $786,000

4 Beds
2.5 Baths
2,416 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $295,000 $122 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,239/month

48 Days on Market

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • Attic
  • Lionville Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of May 2012

Great opportunity Great location! This house needs some TLC and some updating, but is priced appropriately and the end result will be worth it! This 2400 sq ft home in convenient Exton is priced to sell. Features include: formal Living Rm; formal Dining Rm; Family Rm with stone FP and OE to deck; large eat-in Kitchen with newer floor; main level den/office; laundry/PR area; full unfin. Basement; Main BR with a full bath (w/new shower doors) and large walk-in closet; 3 nicely sized Bedrooms and hall Bath; pull down stairs to attic storage; situated on a nice level 1 acre lot!

Last Agent to Sell the Property

Sue Murphy

Coldwell Banker Realty License #AB062860L Listed on: 02/02/2012

Coldwell Banker Realty

Last Buyer's Agent

Daniel Cosgrove

Long and Foster-West Chester* License #TREND:60022663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,715

Year Built

  • Built in 1976

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,416 Sq Ft Home
  • Property has 2 Levels
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • <<selfCleaningOvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Deck

Schools

  • Lionville Middle School
  • Downingtown High School East Campus

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Sweet Clover Subdivision

Listing and Financial Details

  • Tax Lot 0063.01D0
  • Assessor Parcel Number 33-05 -0063.01D0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,715

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Refrigerator
  • Inclusions: Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1976
  • Remarks Public: Great opportunity Great location! This house needs some TLC and some updating, but is priced appropriately and the end result will be worth it! This 2400 sq ft home in convenient Exton is priced to sell. Features include: formal Living Rm; formal Dining Rm; Family Rm with stone FP and OE to deck; large eat-in Kitchen with newer floor; main level den/office; laundry/PR area; full unfin. Basement; Main BR with a full bath (w/new shower doors) and large walk-in closet; 3 nicely sized Bedrooms and hall Bath; pull down stairs to attic storage; situated on a nice level 1 acre lot!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2416
  • Living Area Sq Ft: 2416
  • Net Sq Ft: 2416.00
  • Price Per Sq Ft: 122.10
  • Above Grade Finished Sq Ft: 2416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 703

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 133970.00
  • Land Assessed Value: 51490.00
  • Land Use Code: R10
  • Lot Features: Level
  • Lot Size Acres: 1.00
  • Lot Dimensions: 1X1
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 284738
  • Tax Annual Amount: 5715.00
  • Assessor Parcel Number: 33-05 -0063.01D0
  • Tax Lot: 0063.01D0
  • Tax Year: 2011
  • Close Date: 05/30/2012

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
May 22, 2012
Sold by
Omara Spring and Pitt Ernest M
Bought by
Cosgrove Mathew C and Saddic Cosgrove Christy A
Seller's Agent
Sue Murphy
Coldwell Banker Realty
Buyer's Agent
Daniel Cosgrove
Long and Foster-West Chester*
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$671,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,765
Avg. Annual Appreciation
6.23%
Original Mortgage
$236,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2002
Sold by
Heake George A
Bought by
Omara Spring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.5%

Purchase Details

Closed on
Aug 14, 1997
Sold by
Godman Gordy Lee Nesbitt and Godman Gordy Kathryn
Bought by
Heake George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,980
Interest Rate
7.56%
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
Cosgrove Mathew C $295,000 None Available
Omara Spring $218,700 --
Heake George A $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosgrove Matthew C $308,000
Closed Cosgrove Mathew C $236,000
Previous Owner Omara Spring $100,000
Previous Owner Omara Spring $154,000
Previous Owner Heake George A $202,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $295,000 0.0% $122 / Sq Ft
03/22/2012 03/22/12 Price Changed $295,000 0.0% $122 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
02/29/2012 02/29/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $295,000 -- $122 / 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
2024 $6,348 $185,460 $51,490 $133,970
2023 $6,163 $185,460 $51,490 $133,970
2022 $6,008 $185,460 $51,490 $133,970
2021 $5,907 $185,460 $51,490 $133,970
2020 $5,874 $185,460 $51,490 $133,970
2019 $5,874 $185,460 $51,490 $133,970
2018 $5,874 $185,460 $51,490 $133,970
2017 $5,874 $185,460 $51,490 $133,970
2016 $5,489 $185,460 $51,490 $133,970
2015 $5,489 $185,460 $51,490 $133,970
2014 $5,489 $185,460 $51,490 $133,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003832724

Bright MLS

APN: 33-005-0063.01D0