NOT LISTED FOR SALE

Estimated Value: $736,000 - $788,000

3 Beds
3.5 Baths
2,760 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $660,000 $239 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,266/month

Highlights

  • Open Floorplan
  • Carriage House
  • Engineered Wood Flooring
  • Hillsdale Elementary School Rated A
  • Recreation Room
  • Breakfast Room

About This Home

As of June 2023

Welcome to 723 Mercers Mill Ln, in the sought after 27 home Community of Mercers Mill in West
Chester. This beautiful end unit carriage-style townhouse features 3 bedrooms and 3.5 baths and has
an abundance of large windows throughout and a very open floor plan making it very bright with
natural light. The entire house has been freshly painted and has all new upgraded carpets - it is truly
move-in ready, and is available for a quick settlement. Enter into the light filled, two story Foyer with
half wall, that is open to the Dining Room. The living room with gas fireplace and a den with great
views out the back of the home. The open floor plan then leads you to the gourmet Kitchen with
double ovens, gas cooking, 42” cabinets, stainless GE Profile appliances, and an eat-in area – and is
completely open to large Family Room. The family room features a fireplace as well as a wall of
windows and door to large deck where you can enjoy the views of the beautiful open space.. The
family room is also open to the office which creates a great flow to the space. The Second floor has a
large primary suite with a walk in closet plus two additional closets with organizers, a makeup vanity
outside the bath, and a luxury bath with a stall shower, soaking tub, two vanities with marble tops.
There are two additional bedrooms and a hall bath on this level. You will not want to miss the large,
fully finished, walkout lower level featuring an expansive and open 2 nd family room with a gorgeous
wood floor using reclaimed wood from a local bowling alley, a full bathroom, as well as a bar area.
Finishing out the home is a large attached 2 car garage. This house is conveniently located within
minutes of charming downtown West Chester and is a must see from top to bottom!

Last Agent to Sell the Property

Brody Shea

BHHS Fox & Roach Wayne-Devon License #RS365457 Listed on: 05/16/2023

BHHS Fox & Roach Wayne-Devon

Co-Listed By

Susan Shea

BHHS Fox & Roach Wayne-Devon License #RS228024L

Last Buyer's Agent

Elizabeth Van Der Waag

BHHS Fox & Roach Wayne-Devon License #RS328661

BHHS Fox & Roach Wayne-Devon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,054

Year Built

  • Built in 2005

Lot Details

  • 2,240 Sq Ft Lot

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Carriage House
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,760 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Room
  • Laundry Room

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub

Schools

  • Hillsdale Elementary School
  • Peirce Middle School
  • Henderson High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • $1,100 Capital Contribution Fee
  • Association fees include lawn maintenance, common area maintenance, snow removal, lawn care front
  • Diamond Community Services HOA
  • Mercers Mill Subdivision

Listing and Financial Details

  • Tax Lot 0032.2100
  • Assessor Parcel Number 51-05R-0032.2100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,054

Year Built

Built in 2005

Lot Details

0

HOA Fees

$370 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Carriage House
  • Ownership: Fee Simple
  • Inclusions: All kitchen appliances in "as is" condition. Pool table in basement
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-16
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Engineered Wood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Breakfast Area, Built-Ins, Floor Plan - Open, Soaking Tub, Walk-In Closet(s), Wood Floors
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Breakfast Room, Bedroom 1, Laundry, Recreation Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 230.07
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 723

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • 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 - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 370.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Snow Removal, Lawn Care Front
  • HOA Name: DIAMOND COMMUNITY SERVICES
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1100.00

Schools

  • School District: WEST CHESTER AREA
  • Elementary School: HILLSDALE
  • Middle School: PEIRCE
  • High School: HENDERSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397342
  • School District Source: Listing Agent
  • Elementary School: HILLSDALE
  • High School: HENDERSON
  • Middle Or Junior School: PEIRCE

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2240.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 6288.00
  • Tax Annual Amount: 8054.00
  • Assessor Parcel Number: 51-05R-0032.2100
  • Tax Lot: 0032.2100
  • Tax Total Finished Sq Ft: 2760
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/14/2023

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 14, 2023
Sold by
Graves J Michael Le
Bought by
Gillespie Edward G and Gillespie Maureen B
Seller's Agent
Brody Shea
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Elizabeth Van Der Waag
BHHS Fox & Roach Wayne-Devon
List Price
$635,000
Sold Price
$660,000
Premium/Discount to List
$25,000
3.94%
Views
31
Current Estimated Value
$764,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,028
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Graves J Michael
Bought by
Graves J Michael and Graves Jessica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Gillespie Edward G $660,000 Trident Land Transfer
Graves J Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graves Graves J $348,000
Previous Owner Graves J Michael $261,000
Previous Owner Graves J Michael $99,000
Previous Owner Graves J Michael $50,000
Previous Owner Graves J Michael $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $660,000 +3.9% $239 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $635,000 -- $230 / 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 $8,124 $280,270 $65,730 $214,540
2023 $8,054 $280,270 $65,730 $214,540
2022 $7,949 $280,270 $65,730 $214,540
2021 $7,767 $280,270 $65,730 $214,540
2020 $7,716 $280,270 $65,730 $214,540
2019 $7,467 $280,270 $65,730 $214,540
2018 $7,302 $280,270 $65,730 $214,540
2017 $7,138 $280,270 $65,730 $214,540
2016 $6,138 $280,270 $65,730 $214,540
2015 $6,138 $280,270 $65,730 $214,540
2014 $6,138 $280,270 $65,730 $214,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2045022

Bright MLS

APN: 51-05R-0032.2100