Seller's Agent in 2019
Caleb Knecht
Keller Williams Elite
(484) 995-1591
10 in this area
297 Total Sales
81 Founders Way Downingtown, PA 19335
Estimated Value: $1,019,784 - $1,266,000
4
Beds
3.5
Baths
5,266
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- 1 Acre Lot
- Deck
- Wood Flooring
- Shamona Creek Elementary School Rated A
- Traditional Architecture
- 2 Fireplaces
About This Home
As of October 2019Welcome to 81 Founders Way, a gorgeous 4 bedroom home on a spacious, corner lot in the community of Lakeridge and the award winning Downingtown School District featuring the highly sought after STEM Academy! Step into the grand foyer with beautiful hardwood flooring that leads you to the formal living room with crown molding and chair rail that spreads to the formal dining room with trey ceiling. The bright kitchen boasts an abundance of cabinet space, granite countertops, wall oven, pantry, recessed lighting, center island with breakfast bar and gas cooktop, and a sunny breakfast area. The spacious sunroom off the kitchen offers access to the rear deck and endless possibilities for use: dining area, sitting area, playroom, or even a craft room! Spend some time in the grand family room with vaulted ceiling, stone fireplace, skylights, and a triple window offering views of the tree-lined backyard while bathing the room in sunlight. The first floor study features beautiful built-in bookshelves and cabinetry. Enjoy the added convenience of the main floor powder and laundry rooms. Ascend to the second story and meet the master retreat with sitting area, large walk-in closet, and a master bathroom with tile flooring, soaking tub and standing shower. There are 3 additional, generously sized bedrooms and a full bath on the second floor. The impressively finished, walk-out basement is an entertainers dream with a full wet bar, recreation space, and bonus family room with ventless fireplace! The basement features don t stop there! Also enjoy another office space, a bonus room that could be used as a 5th bedroom and a full bath! Outside, relax on the rear deck with pergola or the stone patio, both overlooking the spacious rear yard featuring impressive landscaping, mature trees and a peaceful stream running along the edge of the property. Take advantage of the 3-car, attached garage for additional storage solutions. Additional features include: new hot water heater, newer HVAC system, whole home generator, electric pet fence and much more. Conveniently located close to major roadways for commuting, Marsh Creek State Park for recreation, and many shopping and dining options! This home has been meticulously cared for by the current owners and is ready for you to make it your own!
Last Agent to Sell the Property
(484) 995-1591 caleb@kw.com Keller Williams Elite License #RS288414 Listed on: 06/06/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,728
Year Built
- Built in 1999
Lot Details
- 1 Acre Lot
- Corner Lot
- Property is zoned R1
Parking
- 3 Car Attached Garage
- 5 Open Parking Spaces
- Side Facing Garage
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Pitched Roof
- Vinyl Siding
- Stucco
Interior Spaces
- Property has 2 Levels
- Wet Bar
- Chair Railings
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Gas Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Den
- Bonus Room
- Game Room
- Sun or Florida Room
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Oven or Range
- Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Patio
Schools
- Shamona Creek Elementary School
- Downingtown Middle School
- Downingtown High School West Campus
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Lakeridge Subdivision
Listing and Financial Details
- Tax Lot 0025.0900
- Assessor Parcel Number 32-06 -0025.0900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2019
Closed on
Oct 1, 2019
Sold by
Hays David H and Hays Lori A
Bought by
Costa Daniel W
Seller's Agent
Caleb Knecht
Keller Williams Elite
Buyer's Agent
Michael Carpenter
Keller Williams Main Line
List Price
$670,000
Sold Price
$630,000
Premium/Discount to List
-$40,000
-5.97%
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
$482,696
Avg. Annual Appreciation
9.93%
Original Mortgage
$472,500
Outstanding Balance
$415,612
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$697,084
Purchase Details
Closed on
Aug 12, 2005
Sold by
Malpass Jack W and Malpass Marsha A
Bought by
Hays David H and Hays Lori A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 30, 1999
Sold by
Lakeridge Lp
Bought by
Malpass Jack W and Malpass Marsha A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.02%
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 |
|---|---|---|---|
| Costa Daniel W | $630,000 | None Available | |
| Hays David H | $595,000 | -- | |
| Malpass Jack W | $364,358 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Costa Daniel W | $472,500 | |
| Previous Owner | Hays David H | $476,000 | |
| Previous Owner | Malpass Jack W | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2019 10/10/19 | Sold | $630,000 | -3.8% | $120 / Sq Ft |
| 08/25/2019 08/25/19 | Pending | -- | -- | -- |
| 07/18/2019 07/18/19 | Price Changed | $655,000 | -2.2% | $124 / Sq Ft |
| 06/06/2019 06/06/19 | For Sale | $670,000 | -- | $127 / 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 |
|---|---|---|---|---|
| 2025 | $12,649 | $359,930 | $77,100 | $282,830 |
| 2024 | $12,649 | $359,930 | $77,100 | $282,830 |
| 2023 | $12,289 | $359,930 | $77,100 | $282,830 |
| 2022 | $11,990 | $359,930 | $77,100 | $282,830 |
| 2021 | $11,794 | $359,930 | $77,100 | $282,830 |
| 2020 | $11,728 | $359,930 | $77,100 | $282,830 |
| 2019 | $11,728 | $359,930 | $77,100 | $282,830 |
| 2018 | $11,728 | $359,930 | $77,100 | $282,830 |
| 2017 | $11,728 | $359,930 | $77,100 | $282,830 |
| 2016 | $11,247 | $359,930 | $77,100 | $282,830 |
| 2015 | $11,247 | $359,930 | $77,100 | $282,830 |
| 2014 | $11,247 | $359,930 | $77,100 | $282,830 |
Source: Public Records
Agents Affiliated with this Home
-
Caleb Knecht
-
Michael Carpenter
Buyer's Agent in 2019
Michael Carpenter
Keller Williams Main Line
(610) 405-7568
102 Total Sales
-
John Carpenter
Buyer Co-Listing Agent in 2019
John Carpenter
Keller Williams Main Line
101 Total Sales
Map
Source: Bright MLS
MLS Number: PACT481066
APN: 32-006-0025.0900
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