NOT LISTED FOR SALE

78 Margil Farm Dr Downingtown, PA 19335

Estimated Value: $1,184,000 - $1,356,000

5 Beds
6 Baths
5,828 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $1,055,000 $181 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,944/month

Highlights

  • Deck
  • Traditional Architecture
  • Mud Room
  • Beaver Creek Elementary School Rated A-
  • 2 Fireplaces
  • Den

About This Home

As of June 2021

Welcome to the former Model Home for Cumberland Ridge! Award-winning Moser Builders have have crafted this exquisite home with every available option with 5 BR 4.2 Bath and over 5,800 finished square feet of luxury. Professional established landscaping with irrigation and custom paver walkway surround the home. Enter into the Center Hall Foyer with wainscoting and gleaming hardwoods. Formal Living Room with cozy fireplace with French Doors leading to the Professional Office. A Formal Dining Room also flanks the foyer and has custom woodworking, hardwood floors and access to the stunning Kitchen. Gourmet Kitchen is sure to impress with oversized granite island, 6-burner Wolf Range, double oven and counter-depth stainless fridge. Ideal for entertaining, the kitchen is open to the Breakfast Room with vaulted tongue-and-groove ceiling and is also open to the gorgeous Family Room! Vaulted ceilings in the Family are accented by a cozy raised-hearth fireplace and tons of windows overlooking the private rear yard. Access from the 3-car garage into a custom mudroom with lockers, powder room and tile flooring! Upstairs the Master Suite is sure to impress with custom tray ceiling, sitting area, his-and-hers walk-in closets, and spa-like Master Bath with large soaking tub, dual vanities, glass shower and water closet. Down the hall 2 guest bedrooms share a Jack-n-Jill full Bath. Generous-sized 3rd Bedroom, Center Hall Bath Laundry Room and Bonus Room above the garage! As expected, the fully finished lower level does not disappoint and features a 2nd Family Room/Theater, custom Full Bar, Billiard Room, Bedroom, Full Bathroom and tons of space for whatever suits. The rear of the home has been finished with a custom composite Trex Deck overlooking the flat and private rear yard. The walkout basement accesses the paver patio that has been extended to include an outdoor Kitchen and hard-scaped paver fire pit! The entire home has been fully remediated with Hardie Siding and is truly a turn-key opportunity in award-winning Downingtown SD and STEM Academy. Easy access to all major routes and minutes to shopping and grocery stores, this amazing custom home has so much to offer!

Last Agent to Sell the Property

Rory Burkhart

EXP Realty, LLC License #RS-0017589 Listed on: 08/11/2020

EXP Realty, LLC

Last Buyer's Agent

Steven Eckell

Coldwell Banker Realty License #AB065133

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,185

Year Built

  • Built in 2004

Lot Details

  • 1.01 Acre Lot
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned R2

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Beaver Creek Elementary School
  • Downingtown Middle School
  • Downingtown High School West Campus

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater
  • On Site Septic

Community Details

  • Association fees include common area maintenance, sewer
  • Cumberland Ridge HOA
  • Cumberland Ridge Subdivision

Listing and Financial Details

  • Tax Lot 0050.5100
  • Assessor Parcel Number 30-06 -0050.5100

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,185

Year Built

Built in 2004

Lot Details

0

HOA Fees

$91 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the former Model Home for Cumberland Ridge! Award-winning Moser Builders have have crafted this exquisite home with every available option with 5 BR 4.2 Bath and over 5,800 finished square feet of luxury. Professional established landscaping with irrigation and custom paver walkway surround the home. Enter into the Center Hall Foyer with wainscoting and gleaming hardwoods. Formal Living Room with cozy fireplace with French Doors leading to the Professional Office. A Formal Dining Room also flanks the foyer and has custom woodworking, hardwood floors and access to the stunning Kitchen. Gourmet Kitchen is sure to impress with oversized granite island, 6-burner Wolf Range, double oven and counter-depth stainless fridge. Ideal for entertaining, the kitchen is open to the Breakfast Room with vaulted tongue-and-groove ceiling and is also open to the gorgeous Family Room! Vaulted ceilings in the Family are accented by a cozy raised-hearth fireplace and tons of windows overlooking the private rear yard. Access from the 3-car garage into a custom mudroom with lockers, powder room and tile flooring! Upstairs the Master Suite is sure to impress with custom tray ceiling, sitting area, his-and-hers walk-in closets, and spa-like Master Bath with large soaking tub, dual vanities, glass shower and water closet. Down the hall 2 guest bedrooms share a Jack-n-Jill full Bath. Generous-sized 3rd Bedroom, Center Hall Bath Laundry Room and Bonus Room above the garage! As expected, the fully finished lower level does not disappoint and features a 2nd Family Room/Theater, custom Full Bar, Billiard Room, Bedroom, Full Bathroom and tons of space for whatever suits. The rear of the home has been finished with a custom composite Trex Deck overlooking the flat and private rear yard. The walkout basement accesses the paver patio that has been extended to include an outdoor Kitchen and hard-scaped paver fire pit! The entire home has been fully remediated with Hardie Siding and is truly a turn-key opportunity in award-winning Downingtown SD and STEM Academy. Easy access to all major routes and minutes to shopping and grocery stores, this amazing custom home has so much to offer!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven - Wall, Stainless Steel Appliances, Oven - Double, Cooktop, Oven/Range - Gas
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Study, Mud Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5828
  • Living Area Sq Ft: 5828
  • Price Per Sq Ft: 233.02
  • Above Grade Finished Sq Ft: 4828
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 78

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stone
  • Exterior Features: Extensive Hardscape
  • Roof: 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
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1090.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Sewer
  • HOA Name: CUMBERLAND RIDGE
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: BEAVER CREEK
  • Middle School: DOWNINGTOWN
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397436
  • School District Source: Listing Agent
  • Elementary School: BEAVER CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 212370.00
  • Land Assessed Value: 110400.00
  • Land Use Code: R10
  • Lot Size Acres: 1.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43984.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4538999
  • School Tax: 8774.00
  • Tax Annual Amount: 11185.00
  • Assessor Parcel Number: 30-06 -0050.5100
  • Tax Lot: 0050.5100
  • Tax Total Finished Sq Ft: 5828
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/08/2021

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
May 26, 2021
Sold by
Fluharty William J and Fluharty Cheryl Lynn
Bought by
Preusse Andrew Wanner and Preusse Courtney Jane
Seller's Agent
Rory Burkhart
EXP Realty, LLC
Buyer's Agent
Steven Eckell
Coldwell Banker Realty
List Price
$1,175,000
Sold Price
$1,055,000
Premium/Discount to List
-$120,000
-10.21%
Current Estimated Value
$1,267,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,745
Avg. Annual Appreciation
3.94%
Original Mortgage
$505,000
Outstanding Balance
$457,215
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$786,558
Source: Public Records

Range of Values:

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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
Preusse Andrew Wanner $1,055,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preusse Andrew Wanner $505,000
Previous Owner Fluharty William J $247,000
Previous Owner Fluharty William J $100,000
Previous Owner Fluharty William J $270,000
Previous Owner Fluharty William J $280,000
Previous Owner Fluharty William J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $1,055,000 -6.2% $181 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
12/22/2020 12/22/20 Price Changed $1,125,000 -4.3% $193 / Sq Ft
08/11/2020 08/11/20 For Sale $1,175,000 -- $202 / 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 $11,987 $322,770 $110,400 $212,370
2024 $11,987 $322,770 $110,400 $212,370
2023 $11,665 $322,770 $110,400 $212,370
2022 $11,225 $322,770 $110,400 $212,370
2021 $11,185 $322,770 $110,400 $212,370
2020 $11,126 $322,770 $110,400 $212,370
2019 $11,108 $322,770 $110,400 $212,370
2018 $11,108 $322,770 $110,400 $212,370
2017 $10,991 $322,770 $110,400 $212,370
2016 $9,703 $322,770 $110,400 $212,370
2015 $9,703 $322,770 $110,400 $212,370
2014 $9,703 $322,770 $110,400 $212,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT512988

Bright MLS

APN: 30-006-0050.5100