NOT LISTED FOR SALE

71 Founders Way Downingtown, PA 19335

Estimated Value: $883,000 - $1,048,000

4 Beds
3.5 Baths
4,386 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $650,000 $148 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,140/month

Highlights

  • Eat-In Gourmet Kitchen
  • 1 Acre Lot
  • Dual Staircase
  • Shamona Creek Elementary School Rated A
  • Open Floorplan
  • Traditional Architecture

About This Home

As of July 2020

COMING SOON with professional photography! Custom built in the desirable Lakeridge community, this stately 4-bedroom, 3.5 bath home has a pristine curb appeal, generous mature lot, open floor plan, chef s kitchen, first floor office, huge luxurious master suite, fully finished walk-out basement with media/game/bar areas, and is located in the award-winning Downingtown school district, just steps to Shamona Creek Elementary school. The grand double door entrance opens to a 2-story foyer and exquisite crystal chandelier, and dramatic center staircase leading to the 2nd floor with family room overlook. Gleaming hardwood floors pull you into the family room, with a stone floor to ceiling gas fireplace and a wall of windows providing loads of natural light. The family room flows easily into the newly renovated kitchen with a breakfast bar, center island gas cook-top, double sink, high-end Bosch appliances, LG smart refrigerator, and specially crafted etched glass pantry door. Just beyond the kitchen is the laundry/mudroom with plenty of storage and an outside entrance to the deck with easy access to the three-car garage with motion-sensor lighting, WIFI garage door openers, and custom garage flooring and industrial quality cabinetry. A charming large living room and formal dining room offer great space for holiday gatherings. Beyond the living room is a professionally appointed office with double door access and stunning views of neighborhood open space. On the second floor of the home, you will find a luxurious master bedroom suite with solid oak hardwood floors, newly renovated bathroom with double vanity, jetted tub, and lots of natural light with many windows and a skylight. The walk-in closet is very large with custom built-in cabinets. There are three additional bedrooms 2 share a Jack & Jill bath with double vanity, and the other is a princess suite with private bathroom. The finished walk out basement provides the perfect space for entertaining and includes a wet bar with wine refrigerator, and game room area just right for a pool table, air hockey, and darts. Bose theater surround sound system envelops the large entertainment area so that you can enjoy cinema-like sound. For those DIYers, enjoy a separate workshop area with custom built workbenches and lots of storage. The deck, patio and strolling backyard provide the perfect landscape for endless family gatherings, neighborhood parties, and sports activities. Kitchen glass slider doors lead out to the upper deck where you can enjoy your private pergola with a refreshing cocktail on those warm sunny days. The deck stairs lead down to a secluded paver patio - equipped with a hot tub hook-up, and sliding door access to the finished basement - and is the perfect area for a fire pit retreat or relaxing in a hammock on a Sunday afternoon. Other features of the home include a large spacious shed for lawn and garden tools, whole-house generator hookup, landscaping lighting throughout the property, Dual-zone HVAC system, whole house speaker system, gorgeous exposed hardwood floors throughout, new roof (2017), hardwired smoke and carbon monoxide detectors, upgraded lighting throughout, and WIFI thermostats. With Marsh Creek State Park and loads of trails right out your door and easy access to commuter routes, this executive home literally has it all. Make your appointment today and start living the good life!

Last Agent to Sell the Property

Kim Tupper

(484) 343-5938 kim.tupper@foxroach.com BHHS Fox & Roach-Chadds Ford License #SP1110091 Listed on: 06/08/2020

BHHS Fox & Roach-Chadds Ford

Last Buyer's Agent

Chad Reid

(267) 888-6072 chad.reid@kw.com Iron Valley Real Estate Doylestown License #RS341123

Iron Valley Real Estate Doylestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,780

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • South Facing Home
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 4,386 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Bar
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Workshop
  • Storage Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Shamona Creek Elementary School

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Lakeridge Subdivision

Listing and Financial Details

  • Tax Lot 0025.0400
  • Assessor Parcel Number 32-06 -0025.0400

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,780

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: generator
  • Inclusions: garage cabs, floor tiles, chest freezer, 2 bsmt TV, 2 workshop benches, patio/deck furniture, pergola, shed, refrigerator, washer, dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-08
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Freezer, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Dryer - Front Loading, Dryer - Electric
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Pane, Screens
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Laundry, Office, Storage Room, Workshop, Media Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Walkout Level, Workshop
  • Laundry Type: Main Floor
  • Total Sq Ft: 4386
  • Living Area Sq Ft: 4386
  • Price Per Sq Ft: 148.20
  • Above Grade Finished Sq Ft: 4386
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 71

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Hardiplank Type
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Secure Storage
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry, Additional Storage Area
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: SHAMONA CREEK
  • Elementary School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: SHAMONA CREEK

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

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

Tax Info

  • School Tax: 9827.00
  • Tax Annual Amount: 11780.00
  • Assessor Parcel Number: 32-06 -0025.0400
  • Tax Lot: 0025.0400
  • Tax Total Finished Sq Ft: 4386
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/16/2020

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 10, 2020
Sold by
Charlery Desmond and Cola Kimberly A
Bought by
Fagnani Linnzi R
Seller's Agent
Kim Tupper
BHHS Fox & Roach-Chadds Ford
Buyer's Agent
Chad Reid
Iron Valley Real Estate Doylestown
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$984,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,291
Avg. Annual Appreciation
8.27%
Original Mortgage
$450,000
Outstanding Balance
$399,771
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$584,520

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jan 9, 2013
Bought by
Charlery Desmond and Coia Kimberly A
Seller's Agent
LINDA SIMPSON
Keller Williams Real Estate -Exton
Buyer's Agent
Jack Aezen
Compass RE
List Price
$589,000
Sold Price
$570,000
Premium/Discount to List
-$19,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Dec 15, 1995
Sold by
Lakeridge Lp
Bought by
Thomas John and Thomas Usha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,800
Interest Rate
6.87%
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
Fagnani Linnzi R $650,000 Sage Premier Settlements
Charlery Desmond $569,500 --
Thomas John $366,549 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagnani Linnzi R $450,000
Previous Owner Thomas John $291,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2020 07/16/20 Sold $650,000 0.0% $148 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $650,000 +14.0% $148 / Sq Ft
12/17/2012 12/17/12 Sold $570,000 -3.2% $130 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $589,000 -- $134 / 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 $11,052 $279,680 $77,100 $202,580
2024 $11,052 $314,480 $77,100 $237,380
2023 $10,431 $305,500 $77,100 $228,400
2022 $10,177 $305,500 $77,100 $228,400
2021 $10,010 $305,500 $77,100 $228,400
2020 $11,780 $361,530 $77,100 $284,430
2019 $11,780 $361,530 $77,100 $284,430
2018 $11,780 $361,530 $77,100 $284,430
2017 $11,780 $361,530 $77,100 $284,430
2016 $11,298 $361,530 $77,100 $284,430
2015 $11,298 $361,530 $77,100 $284,430
2014 $11,298 $361,530 $77,100 $284,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT507578

Bright MLS

APN: 32-006-0025.0400