NOT LISTED FOR SALE

79 Margil Farm Dr Downingtown, PA 19335

Estimated Value: $1,129,678 - $1,260,000

4 Beds
5 Baths
4,827 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $950,000 $197 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,643/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • 1 Fireplace
  • Beaver Creek Elementary School Rated A-
  • Wood Flooring
  • 3 Car Direct Access Garage

About This Home

As of October 2021

Welcome to Cumberland Ridge! This romantic and luxurious executive estate has all you have been waiting for. Located in one of the best lots in the neighborhood, this exquisite home is surrounded by mature trees creating a backyard paradise. With 4 bedrooms, 3 full bathrooms, 2 half bath, and a bright & spacious office on the first floor, this home will be perfect for the work-from-home professional.
The impressive open foyer leads you to a dramatic formal living room, a grand dining room, and that upgraded gourmet kitchen you always wanted and it is sure to impress. It is open and bright with white cabinets, granite countertops, a large island with a breakfast bar, and a very bright eat-in area. The huge family room has high vaulted ceilings, large windows, and a gas fireplace. This open floor plan is excellent for entertaining.
As you walk upstairs, you will notice the gleaming hardwood floors throughout the home. The alluring master bedroom suite has a tray ceiling, large closets, and a beautiful master bathroom with dual vanities, a soaking tub, a glass shower, and a water closet. Completing the second floor are 3 generous rooms; One queen suite with an attached bathroom, and the 2 other bedrooms share a Jack-and-Jill full bath, and a laundry room. The fully finished huge basement is the ideal hangout spot with enough space for a home theatre, pool table, and so much more.
The exterior of the home has been fully remediated with Hardi Plank siding. This freshly painted and clean home allows you a turn-key opportunity in the award-winning Downingtown School District and STEM academy.
Conveniently located to major routes and minutes from shopping, entertainment, and restaurants. You don’t want to miss the opportunity to own this home, schedule your appointment today! *Home was pre-inspected by the Sellers prior to listing home. Please provide feedback and request an inspection report if interested after showing the home**

Last Agent to Sell the Property

Anna Abbatemarco

EXP Realty, LLC License #RS320063 Listed on: 07/28/2021

EXP Realty, LLC

Co-Listed By

Stacey Morrison

Keller Williams Real Estate -Exton License #RS317499

Last Buyer's Agent

Jason Peeples

BHHS Fox & Roach-West Chester License #1967715

BHHS Fox & Roach-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,562

Year Built

  • Built in 2005

Lot Details

  • 1.06

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Additional Features

  • Patio
  • 1.06 Acre Lot

Community Details

  • Association fees include common area maintenance, sewer
  • Built by MOSER BUILDER
  • Cumberland Ridge Subdivision, Ashby Floorplan

Listing and Financial Details

  • Tax Lot 0050.3000
  • Assessor Parcel Number 30-06 -0050.3000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,562

Year Built

Built in 2005

Lot Details

0

HOA Fees

$91 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-28
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Cumberland Ridge! This romantic and luxurious executive estate has all you have been waiting for. Located in one of the best lots in the neighborhood, this exquisite home is surrounded by mature trees creating a backyard paradise. With 4 bedrooms, 3 full bathrooms, 2 half bath, and a bright & spacious office on the first floor, this home will be perfect for the work-from-home professional. The impressive open foyer leads you to a dramatic formal living room, a grand dining room, and that upgraded gourmet kitchen you always wanted and it is sure to impress. It is open and bright with white cabinets, granite countertops, a large island with a breakfast bar, and a very bright eat-in area. The huge family room has high vaulted ceilings, large windows, and a gas fireplace. This open floor plan is excellent for entertaining. As you walk upstairs, you will notice the gleaming hardwood floors throughout the home. The alluring master bedroom suite has a tray ceiling, large closets, and a beautiful master bathroom with dual vanities, a soaking tub, a glass shower, and a water closet. Completing the second floor are 3 generous rooms; One queen suite with an attached bathroom, and the 2 other bedrooms share a Jack-and-Jill full bath, and a laundry room. The fully finished huge basement is the ideal hangout spot with enough space for a home theatre, pool table, and so much more. The exterior of the home has been fully remediated with Hardi Plank siding. This freshly painted and clean home allows you a turn-key opportunity in the award-winning Downingtown School District and STEM academy. Conveniently located to major routes and minutes from shopping, entertainment, and restaurants. You don’t want to miss the opportunity to own this home, schedule your appointment today! *Home was pre-inspected by the Sellers prior to listing home. Please provide feedback and request an inspection report if interested after showing the home**
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Dining Area, Kitchen - Gourmet, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4827
  • Living Area Sq Ft: 4827
  • Price Per Sq Ft: 224.75
  • Above Grade Finished Sq Ft: 4227
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 79

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • 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: Fiber Cement, Hardiplank Type
  • 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: Inside Access
  • 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
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • 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: Yes
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: BEAVER CREEK
  • Middle School: DOWNINGTON
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • High 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: DOWNINGTON

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: 38
  • R Factor Ext Walls: 16

Lot Info

  • Improvement Assessed Value: 275010.00
  • Land Assessed Value: 110320.00
  • Land Use Code: R10
  • Lot Size Acres: 1.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46086.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2021
  • Zoning: RES

Building Info

  • Builder Name: MOSER BUILDER

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4538978
  • School Tax: 10684.00
  • Tax Annual Amount: 13562.00
  • Assessor Parcel Number: 30-06 -0050.3000
  • Tax Lot: 0050.3000
  • Tax Total Finished Sq Ft: 4827
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/14/2021

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 20, 2021
Sold by
Brunner John C and Brunner Michele A
Bought by
Reeder Mark and Reeder Kristen
Seller's Agent
Anna Abbatemarco
EXP Realty, LLC
Buyer's Agent
Jason Peeples
BHHS Fox & Roach-West Chester
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,193,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,420
Avg. Annual Appreciation
5.60%
Original Mortgage
$760,000
Outstanding Balance
$693,049
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$483,157
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
Reeder Mark $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeder Mark $760,000
Previous Owner Brunner John C $100,000
Previous Owner Brunner John C $50,000
Previous Owner Brunner John C $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $950,000 0.0% $197 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $950,000 -- $197 / 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 $14,311 $385,330 $110,320 $275,010
2024 $14,311 $385,330 $110,320 $275,010
2023 $13,925 $385,330 $110,320 $275,010
2022 $13,401 $385,330 $110,320 $275,010
2021 $13,353 $385,330 $110,320 $275,010
2020 $13,283 $385,330 $110,320 $275,010
2019 $13,262 $385,330 $110,320 $275,010
2018 $13,262 $385,330 $110,320 $275,010
2017 $13,121 $385,330 $110,320 $275,010
2016 $11,623 $385,330 $110,320 $275,010
2015 $11,623 $385,330 $110,320 $275,010
2014 $11,623 $385,330 $110,320 $275,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2003702

Bright MLS

APN: 30-006-0050.3000