781 N Reeds Rd Downingtown, PA 19335
Estimated Value: $620,000 - $726,353
4
Beds
3.5
Baths
3,480
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Private Pool
- Lake View
- Open Floorplan
- Brandywine-Wallace El School Rated A
- 1.3 Acre Lot
- Contemporary Architecture
About This Home
As of May 2020Have you realized in the recent weeks how badly you need more space from your two-legged and four-legged roommates? Look no further! Here is your (RARE) opportunity to own a beautiful single family home on a 1.3 acre level lot with a view of Marsh Creek Lake! This home is situated at the center of the lot, set far back from the road, and has a side entry 3-car garage. Seller had the exterior entirely redone and had the wood siding replaced with a low maintenance composite siding and stone. They also replaced the roof, flashing, gutters, sliding glass doors, new balcony, garage doors, etc. Upon entering the front door, you will notice a neutral palette with new flooring and fresh paint throughout. The two-story living room is open to the upstairs landing and hallway, and skylights provide an abundance of natural light! The open family room includes a floor to ceiling stone masonry fireplace, perfect to cozy up to on chilly evenings and decorate for your favorite holidays. The spacious eat-in kitchen provides plenty of cabinets and counter space, has sliding glass doors to the back yard, and is open to the family room and dining room, allowing endless possibilities for your dream kitchen design! The main floor also includes a mud room with laundry, powder room, and inside access to the 3-car garage. Venture upstairs to find your spacious master suite including a large walk-in closet, master bath with stall shower and dual sink vanity, and sliding glass doors to the balcony with a view of the lake! Three additional bedrooms (all a good size), a shared hall bath with dual sink vanity and tub, a large hallway linen closet, a finished bonus room that can be used as a toy room/homework area/walk-in closet/game room/etc., AND an additional storage area, all complete the upper level. What more could you ask for?? The finished basement has a wonderful layout to meet all of your family s needs, and has been freshly painted with all new flooring. There is a separate room that could be used for a home office, play room, additional bedroom, workout room, you name it. The finished basement also includes a full bathroom with stall shower, a cigar humidor/wine cellar, an unfinished room for all of your storage needs, and an outside entrance with walk up steps/bilco doors leading to the side yard. This home is situated on a beautiful 1.3 level lot, providing plenty of room for your dream outdoor entertaining space. Seller is offering a $10k credit with acceptable offer to either fill in or restore the in-ground pool in the backyard. Don t pass up on this incredible opportunity to own your dream home on a beautiful property in award winning DASD with STEM Academy!! Can you picture yourself being quarantined in this spacious home, escaping to the balcony to sip your quarantini while you watch the sun set after a long day in your jammies?
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,245
Year Built
- Built in 1986
Lot Details
- 1.3 Acre Lot
- Level Lot
- Property is in good condition
- Property is zoned R1
Parking
- 3 Car Direct Access Garage
- 10 Driveway Spaces
- Side Facing Garage
Home Design
- Contemporary Architecture
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Two Story Ceilings
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Stone Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Lake Views
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Wine Rack
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
Outdoor Features
- Private Pool
- Balcony
Schools
- Downingtown Middle School
- Downingtown High School West Campus
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 0034.01C0
- Assessor Parcel Number 32-06 -0034.01C0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2020
Closed on
May 22, 2020
Sold by
Randzo John J and Randzo Elizabeth A
Bought by
Groff Tyler U and Groff Georgina S
Seller's Agent
Leana Dickerman
KW Greater West Chester
Buyer's Agent
Jean Zantopoulos
BHHS Fox&Roach-Newtown Square
List Price
$449,900
Sold Price
$443,000
Premium/Discount to List
-$6,900
-1.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,588
Avg. Annual Appreciation
9.50%
Original Mortgage
$398,700
Outstanding Balance
$357,906
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$345,696
Purchase Details
Closed on
Sep 11, 1998
Sold by
Huffman Robert E and Huffman Terri L
Bought by
Gladstone Michael K and Gladstone Laura L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
6.85%
Similar Homes in Downingtown, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Groff Tyler U | $443,000 | None Available | |
| Gladstone Michael K | $241,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Groff Tyler U | $80,000 | |
| Open | Groff Tyler U | $398,700 | |
| Previous Owner | Randzo John J | $241,000 | |
| Previous Owner | Randzo John J | $195,000 | |
| Previous Owner | Randzo John J | $50,000 | |
| Previous Owner | Randzo John J | $200,000 | |
| Previous Owner | Randzo John J | $300,000 | |
| Previous Owner | Randzo John J | $266,400 | |
| Previous Owner | Gladstone Michael K | $193,200 | |
| Closed | Randzo John J | $33,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $443,000 | -1.5% | $127 / Sq Ft |
| 04/19/2020 04/19/20 | Pending | -- | -- | -- |
| 04/10/2020 04/10/20 | For Sale | $449,900 | -- | $129 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,504 | $213,530 | $50,010 | $163,520 |
| 2023 | $7,291 | $213,530 | $50,010 | $163,520 |
| 2022 | $7,113 | $213,530 | $50,010 | $163,520 |
| 2021 | $6,997 | $213,530 | $50,010 | $163,520 |
| 2020 | $7,245 | $222,330 | $50,010 | $172,320 |
| 2019 | $3,350 | $222,330 | $50,010 | $172,320 |
| 2018 | $7,245 | $222,330 | $50,010 | $172,320 |
| 2017 | $7,245 | $222,330 | $50,010 | $172,320 |
| 2016 | $6,850 | $222,330 | $50,010 | $172,320 |
| 2015 | $6,850 | $222,330 | $50,010 | $172,320 |
| 2014 | $6,850 | $222,330 | $50,010 | $172,320 |
Source: Public Records
Agents Affiliated with this Home
-
Leana Dickerman
Seller's Agent in 2020
Leana Dickerman
KW Greater West Chester
(610) 425-8555
7 in this area
242 Total Sales
-
Jean Zantopoulos
Buyer's Agent in 2020
Jean Zantopoulos
BHHS Fox & Roach
(484) 645-1644
18 Total Sales
Map
Source: Bright MLS
MLS Number: PACT504200
APN: 32-006-0034.01C0
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