NOT LISTED FOR SALE

Estimated Value: $822,000 - $993,000

4 Beds
2.5 Baths
3,370 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $630,000 $187 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,704/month

22 Days on Market

Highlights

  • Barn
  • View of Trees or Woods
  • Wood Flooring
  • Springton Manor Elementary School Rated A
  • 9.6 Acre Lot
  • Farmhouse Style Home

About This Home

As of October 2019

A modern home with 18th century detailing - Welcome to Strawberry Banke Farm; this unique 3,370 sqft estate designed by Howard Okie, nephew of acclaimed architect, Brognard Okie shows meticulous attention to details and craftsmanship. The eat-in kitchen features a large fireplace surrounded with handsome barn board, original 18th-century fireplace crane, and dutch door complete with a charming pie shelf. The red oak floors throughout have been meticulously maintained and the 18th-century strap hinges and lockbox add elements of sophistication not easily found today. Although the cornerstone reads 1988 you ll find the ambiance about this 4 bedroom 2.5 bath property to feel just like a home from the 1780s. The accompanying land is worth bragging about as well with nearly 10 acres of fenced pasture. You ll also enjoy the secret garden found in the ruins of the old barn - perfect for enjoying a glass of wine at sunset or lighting a cosy fire in the fall. This bucolic setting will set you at ease and surely bring you back to simpler times.

Last Agent to Sell the Property

William Cochrane

James A Cochrane Inc License #RM051966A Listed on: 07/18/2019

Last Buyer's Agent

Nigel Richards

Compass RE License #RS291337

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,433

Year Built

  • Built in 1988

Lot Details

  • 9.6 Acre Lot
  • Wood Fence
  • Property is zoned FR

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Woods
  • Pasture
  • Garden

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Fiberglass Roof
  • Metal Roof
  • Stone Siding
  • Stucco
  • Cedar

Interior Spaces

  • 3,370 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Patio
  • Outbuilding

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Glenmoore Woods Subdivision

Listing and Financial Details

  • Tax Lot 0010.01A0
  • Assessor Parcel Number 31-04 -0010.01A0

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,433

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Exclusions: Candle box in hall & dining room
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Remarks Public: A modern home with 18th century detailing - Welcome to Strawberry Banke Farm; this unique 3,370 sqft estate designed by Howard Okie, nephew of acclaimed architect, Brognard Okie shows meticulous attention to details and craftsmanship. The eat-in kitchen features a large fireplace surrounded with handsome barn board, original 18th-century fireplace crane, and dutch door complete with a charming pie shelf. The red oak floors throughout have been meticulously maintained and the 18th-century strap hinges and lockbox add elements of sophistication not easily found today. Although the cornerstone reads 1988 you ll find the ambiance about this 4 bedroom 2.5 bath property to feel just like a home from the 1780s. The accompanying land is worth bragging about as well with nearly 10 acres of fenced pasture. You ll also enjoy the secret garden found in the ruins of the old barn - perfect for enjoying a glass of wine at sunset or lighting a cosy fire in the fall. This bucolic setting will set you at ease and surely bring you back to simpler times.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven - Single, Microwave, Trash Compactor, Stainless Steel Appliances
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Carpet, Dining Area, Exposed Beams, Formal/Separate Dining Room, Kitchen - Island, Primary Bath(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer, Bedroom 1, Mud Room
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3370
  • Living Area Sq Ft: 3370
  • Price Per Sq Ft: 191.39
  • Above Grade Finished Sq Ft: 3370
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 830

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Garage(s)
  • Construction Materials: Stucco, Cedar, Stone
  • Exterior Features: Outbuilding(s)
  • Roof: Fiberglass, Shingle, Metal
  • View: Garden/Lawn, Pasture, Trees/Woods
  • 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
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

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

  • Fencing: Wood
  • Improvement Assessed Value: 151830.00
  • Land Assessed Value: 83750.00
  • Land Use Code: R10
  • Lot Size Acres: 9.60
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 418176.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2019
  • Zoning: FR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 277484
  • School Tax: 6404.00
  • Tax Annual Amount: 7433.00
  • Assessor Parcel Number: 31-04 -0010.01A0
  • Tax Lot: 0010.01A0
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/22/2019

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 22, 2019
Sold by
Rausch Theodore L
Bought by
Kortum Walter and Kortum Katherine
Seller's Agent
William Cochrane
James A Cochrane Inc
Buyer's Agent
Nigel Richards
Compass RE
List Price
$645,000
Sold Price
$630,000
Premium/Discount to List
-$15,000
-2.33%
Total Days on Market
22
Current Estimated Value
$896,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,761
Avg. Annual Appreciation
6.13%
Original Mortgage
$535,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1987
Bought by
Rausch Theodore L and Rausch Marianne H
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
Kortum Walter $630,000 None Available
Rausch Theodore L $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortum Walter $529,000
Closed Kortum Walter $535,500
Previous Owner Rausch Theodore L $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $630,000 -2.3% $187 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $645,000 -- $191 / 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 $8,035 $235,580 $83,750 $151,830
2023 $7,800 $235,580 $83,750 $151,830
2022 $7,604 $235,580 $83,750 $151,830
2021 $7,476 $235,580 $83,750 $151,830
2020 $7,433 $235,580 $83,750 $151,830
2019 $7,433 $235,580 $83,750 $151,830
2018 $7,433 $235,580 $83,750 $151,830
2017 $7,433 $235,580 $83,750 $151,830
2016 $7,027 $235,580 $83,750 $151,830
2015 $7,027 $235,580 $83,750 $151,830
2014 $7,027 $235,580 $83,750 $151,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT483844

Bright MLS

APN: 31-004-0010.01A0