NOT LISTED FOR SALE

8 E Welsh Pool Rd Exton, PA 19341

Estimated Value: $611,896

2 Beds
2 Baths
3,568 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $639,999 $179 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,821/month

60 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • Oversized Parking
  • Lionville Elementary School Rated A
  • 2 Car Detached Garage
  • More Than Two Accessible Exits

About This Home

As of September 2021

Mixed Use Property for sale! First floor of this property is a fully fitout Operating Restaurant that has been a long-term staple in the Exton community for +/- 25 yrs. This property comes with all the Fixtures, Furniture and Equipment to operate the restaurant. Upstairs you will find a very spacious 2-bedroom apartment with a full-finished attic for additional living space. The property also has a full unfinished basement that is currently being used as additional storage for Restaurant. Property is being sold as-is. New Owner can operate their business out of the first floor and live upstairs, or they can look to rent out either space. Abundant parking for +/- 15 cars with an additional 2-car detached garage in the rear. Roof is less than 6 years old and property is fully sprinklered.

Last Agent to Sell the Property

Eric Kuhn

Pillar Real Estate Advisors Listed on: 01/28/2021

Last Buyer's Agent

Eric Kuhn

Pillar Real Estate Advisors Listed on: 01/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1929

Lot Details

  • 0.34 Acre Lot
  • Property is zoned PC - PLANNED COMMERCIAL

Parking

  • 2 Car Detached Garage
  • 15 Open Parking Spaces
  • Handicap Parking
  • Oversized Parking
  • Lighted Parking
  • Side Facing Garage
  • Parking Lot

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Stucco

Interior Spaces

  • 3,568 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0015
  • Assessor Parcel Number 33-04H-0015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame, Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Personal belongings / furniture for residence.
  • Inclusions: All Fixtures Furniture and Equipment pertaining to the Restaurant Use on the first floor, would be included in the sale.
  • New Construction: No
  • Story List: Main
  • Year Built: 1929
  • Remarks Public: Mixed Use Property for sale! First floor of this property is a fully fitout Operating Restaurant that has been a long-term staple in the Exton community for +/- 25 yrs. This property comes with all the Fixtures, Furniture and Equipment to operate the restaurant. Upstairs you will find a very spacious 2-bedroom apartment with a full-finished attic for additional living space. The property also has a full unfinished basement that is currently being used as additional storage for Restaurant. Property is being sold as-is. New Owner can operate their business out of the first floor and live upstairs, or they can look to rent out either space. Abundant parking for +/- 15 cars with an additional 2-car detached garage in the rear. Roof is less than 6 years old and property is fully sprinklered.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 3568
  • Living Area Sq Ft: 3568
  • Price Per Sq Ft: 179.37
  • Above Grade Finished Sq Ft: 3568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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
  • Parking Features: Paved Parking, Handicap Parking, Lighted Parking
  • Garage Features: Oversized, Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 17
  • Type Of Parking: Detached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 15

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: DOWNINGTOWN AREA
  • School District Key: 300200397436
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125060.00
  • Land Assessed Value: 35360.00
  • Land Use Code: C30
  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14814.00
  • Year Assessed: 2021
  • Zoning: PC - PLANNED COMMERCIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 283318
  • School Tax: 4361.00
  • Tax Annual Amount: 5110.00
  • Assessor Parcel Number: 33-04H-0015
  • Tax Lot: 0015
  • Tax Total Finished Sq Ft: 3568
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/01/2021

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Jul 27, 2021
Sold by
Daprano Salvatore and Daprano Giuseppa
Bought by
Mblu Ventures Llc
Seller's Agent
Eric Kuhn
Pillar Real Estate Advisors
Buyer's Agent
Eric Kuhn
Pillar Real Estate Advisors
List Price
$639,999
Sold Price
$639,999
Total Days on Market
60
Current Estimated Value
$611,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,103
Avg. Annual Appreciation
-1.14%
Original Mortgage
$393,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2000
Sold by
Sweeney Mary T
Bought by
Daprano Salvatore and Daprano Giuseppa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.59%
Mortgage Type
Commercial
Source: Public Records

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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
Mblu Ventures Llc $525,000 None Available
Daprano Salvatore $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mblu Ventures Llc $393,750
Previous Owner Daprano Salvatore $136,776
Previous Owner Daprano Salvatore $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $639,999 0.0% $179 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $639,999 -- $179 / 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 $5,491 $160,420 $35,360 $125,060
2023 $5,331 $160,420 $35,360 $125,060
2022 $5,197 $160,420 $35,360 $125,060
2021 $5,110 $160,420 $35,360 $125,060
2020 $5,081 $160,420 $35,360 $125,060
2019 $5,081 $160,420 $35,360 $125,060
2018 $5,081 $160,420 $35,360 $125,060
2017 $5,081 $160,420 $35,360 $125,060
2016 $4,720 $160,420 $35,360 $125,060
2015 $4,720 $160,420 $35,360 $125,060
2014 $4,720 $160,420 $35,360 $125,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT528532

Bright MLS

APN: 33-04H-0015.0000