NOT LISTED FOR SALE

717 Laurel Ln Wayne, PA 19087

Estimated Value: $1,160,000 - $2,359,000

5 Beds
3.5 Baths
4,630 Sq Ft
$422/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,725,000 $373 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,937/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • No HOA
  • New Eagle Elementary School Rated A+
  • Mud Room
  • Den

About This Home

As of December 2021

Incredible opportunity to purchase a truly exquisite custom masterpiece in a very desirable location. This new construction home, built by Top Notch General Contracting, offers 5 bedrooms, 3 full and one half bathroom, 4,630 square feet of luxurious living space, optional finished 3rd floor, and a two-car side entry garage on a gorgeous .68 acre lot. It's the perfect blend of quality construction, functional floorplan, high-end finishes, and location. Interior features include site finished white oak hardwood floors throughout the main level and upstairs hallway, custom built-in cubbies in mudroom, 2-zone high efficiency HVAC system, extensive custom moldings and recessed lighting throughout, 2nd floor laundry, impressive two-story entrance foyer, wet bar with beverage center, wine storage, and Anderson 200 series wood windows. The gourmet kitchen has 48 inch custom painted maple cabinetry, stainless steel professional grade appliances, massive center island with overhang, tile backsplash, and quartz countertops. The master bedroom suite has huge his/her closets with custom storage systems and spa like bathroom with furniture grade double bowl vanity, stand alone soaking tub, large shower with frameless glass enclosure, and Carrera marble throughout. Exterior features include James Hardie lap siding, real stone veneer, bluestone walkway to front door, bluestone patio off dining room, and a large, level rear yard. This home is ideally located close to all major commuter routes, shopping, dining, downtown Wayne, the King of Prussia Town Center, Lifetime Fitness, and is part of the top rated Tredyffrin Easttown School District. One of the owners is a licensed PA broker. Taxes displayed are for old home on the property and will be re-assessed after settlement. Expected completion end of 2021. Pictures are from recently built homes by same builder.

Last Agent to Sell the Property

Brendan Reilly

(215) 510-2992 brendan@crescentrealestate.net Crescent Real Estate License #RM422357 Listed on: 03/17/2021

Last Buyer's Agent

Ben Hardy

(610) 420-8115 benhardy@kw.com Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,773

Year Built

  • Built in 1956 | Remodeled in 2021

Lot Details

  • 0.68 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Stone Siding

Interior Spaces

  • 4,630 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • New Eagle Elementary School
  • Valley Forge Middle School
  • Conestoga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0113
  • Assessor Parcel Number 43-06P-0113

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,773

Year Built

Built in 1956 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1956
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible opportunity to purchase a truly exquisite custom masterpiece in a very desirable location. This new construction home, built by Top Notch General Contracting, offers 5 bedrooms, 3 full and one half bathroom, 4,630 square feet of luxurious living space, optional finished 3rd floor, and a two-car side entry garage on a gorgeous .68 acre lot. It's the perfect blend of quality construction, functional floorplan, high-end finishes, and location. Interior features include site finished white oak hardwood floors throughout the main level and upstairs hallway, custom built-in cubbies in mudroom, 2-zone high efficiency HVAC system, extensive custom moldings and recessed lighting throughout, 2nd floor laundry, impressive two-story entrance foyer, wet bar with beverage center, wine storage, and Anderson 200 series wood windows. The gourmet kitchen has 48 inch custom painted maple cabinetry, stainless steel professional grade appliances, massive center island with overhang, tile backsplash, and quartz countertops. The master bedroom suite has huge his/her closets with custom storage systems and spa like bathroom with furniture grade double bowl vanity, stand alone soaking tub, large shower with frameless glass enclosure, and Carrera marble throughout. Exterior features include James Hardie lap siding, real stone veneer, bluestone walkway to front door, bluestone patio off dining room, and a large, level rear yard. This home is ideally located close to all major commuter routes, shopping, dining, downtown Wayne, the King of Prussia Town Center, Lifetime Fitness, and is part of the top rated Tredyffrin Easttown School District. One of the owners is a licensed PA broker. Taxes displayed are for old home on the property and will be re-assessed after settlement. Expected completion end of 2021. Pictures are from recently built homes by same builder.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Mud Room, Office, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4630
  • Living Area Sq Ft: 4630
  • Price Per Sq Ft: 372.57
  • Above Grade Finished Sq Ft: 4630
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 717

Beds/Baths

  • Bedrooms: 5
  • 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: Stone, Fiber Cement
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: TREDYFFRIN-EASTTOWN
  • Elementary School: NEW EAGLE
  • Middle School: VALLEY FORGE
  • High School: CONESTOGA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396605
  • School District Source: Listing Agent
  • Elementary School: NEW EAGLE
  • High School: CONESTOGA
  • Middle Or Junior School: VALLEY FORGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169450.00
  • Land Assessed Value: 71690.00
  • Land Use Code: R10
  • Lot Size Acres: 0.68
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29784.00
  • Year Assessed: 2021
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 317678
  • School Tax: 6056.00
  • Tax Annual Amount: 7773.00
  • Assessor Parcel Number: 43-06P-0113
  • Tax Lot: 0113
  • Tax Total Finished Sq Ft: 2040
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/17/2021

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Dec 17, 2021
Sold by
40 Chetwynd Road Llc
Bought by
Fleming Patrick James and Fleming Lindsay Diane
Seller's Agent
Brendan Reilly
Crescent Real Estate
Buyer's Agent
Ben Hardy
Compass RE
List Price
$1,725,000
Sold Price
$1,725,000
Current Estimated Value
$1,951,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,868
Avg. Annual Appreciation
3.30%
Original Mortgage
$1,121,250
Outstanding Balance
$1,026,187
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$925,681

Purchase Details

Listed on
Nov 17, 2020
Closed on
Nov 14, 2020
Sold by
Lemisch Raymond H and Estate Of Yale Schwartz
Bought by
40 Chetwynd Road Llc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Brendan Reilly
Crescent Real Estate
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.17%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Hess Eugene L and Hess Lila H
Bought by
Schwartz Yale and Schwartz Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.31%
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
Fleming Patrick James $1,725,000 Crescent Abstract Llc
40 Chetwynd Road Llc $550,000 Crescent Abstract Llc
Schwartz Yale $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Patrick James $1,121,250
Previous Owner Schwartz Yale $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $1,725,000 0.0% $373 / Sq Ft
03/17/2021 03/17/21 For Sale $1,725,000 +213.6% $373 / Sq Ft
11/17/2020 11/17/20 For Sale $550,000 0.0% $270 / Sq Ft
11/16/2020 11/16/20 Sold $550,000 -- $270 / Sq Ft View Prior Sale
10/08/2020 10/08/20 Pending -- -- --
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 $19,432 $551,690 $71,690 $480,000
2024 $19,432 $551,690 $71,690 $480,000
2023 $18,254 $551,690 $71,690 $480,000
2022 $7,773 $241,140 $71,690 $169,450
2021 $7,625 $241,140 $71,690 $169,450
2020 $7,415 $241,140 $71,690 $169,450
2019 $7,180 $241,140 $71,690 $169,450
2018 $7,038 $241,140 $71,690 $169,450
2017 $6,870 $241,140 $71,690 $169,450
2016 -- $241,140 $71,690 $169,450
2015 -- $241,140 $71,690 $169,450
2014 -- $241,140 $71,690 $169,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT531444

Bright MLS

APN: 43-06P-0113.0000