NOT LISTED FOR SALE

831 Merrybell Ln Kennett Square, PA 19348

Estimated Value: $1,239,402 - $1,344,000

6 Beds
4.5 Baths
4,490 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $925,000 $206 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,127/month

6 Days on Market

Highlights

  • Heated Pool and Spa
  • Sauna
  • 8.1 Acre Lot
  • Kennett High School Rated A-
  • Scenic Views
  • Cape Cod Architecture

About This Home

As of January 2021

The beautiful & picturesque rolling hills of Chester County is the perfect setting for this home with sophisticated amenities. Situated next to Stateline Woods Preserve, this estate property on 8.1 acres provides impressive views of the lush surroundings. This 6-7 bedroom, 4 1/2 bath, 3 car turned garage stone cape has been maintained by its ORIGINAL OWNERS. It begins the moment you drive into the private Merrybell Lane when you are instantly enveloped by acres of preserved land. The stone steps introduce you to the expansive foyer with imported marble floor. The oak staircase is on the left of the foyer leading to the second floor. The living room on the right has pegged random width hardwood floors as well as the formal dining room which also boasts dentil crown moldings. The dining room is also accented with chair rail and double windows. The chef inspired open huge eat-in kitchen has custom solid cherry cabinets & drawers, built in desk, center island, pantry, stainless steel appliances, 36" wide stove, access through a glass slider to the expansive deck that overlooks a million dollar view & pegged random width hardwood flooring. The laundry room conveniently located off the kitchen has a powder room. The dentil crown molding & oak flooring continues into the family room with built in bookcases, gorgeous stone floor to ceiling fireplace with stone hearth & mantle, (2 ) ceiling fans, (3) sliding glass doors leading to the 79' wood deck that runs along exterior this of this home. There are (3) large bedrooms & 2 1/2 baths on the main level. The owners retreat features large walk in closet, exercise room with steam bath (14x9) & sauna plus full bathroom with jacuzzi, shower, double sink vanity, skylight & sliders leading to the deck. The other (2) bedrooms have double windows for plenty of light, ceiling fans & carpet. The 2nd floor has (3) additional bedrooms, one which connects to another & hall bath. All bedrooms are carpeted with an abundance of closets. The basement with its wine cellar which used to be operational & can be again. The 4th full bath is located in the basement with entrance & steps leading to the garage plus pool table & light. Enjoy the heated inground swimming pool with spa, lighted tennis & basketball court. Other amenities include an entrance CAR-TEL with exterior lights that can be controlled from the interior, wood (6) panel doors, whole house attic fan at top of 2nd floor steps, security system & generator. This home is convenient to Longwood Gardens, shopping, restaurants, town of Kennett Square, Wilmington, easy access to Route 52 & all major highways.

Last Agent to Sell the Property

Mary Beth Adelman

(302) 521-6209 mbaremax@aol.com RE/MAX Associates-Wilmington License #RS-313507 Listed on: 12/06/2020

RE/MAX Associates-Wilmington

Last Buyer's Agent

Andi Buehler

(302) 858-6090 andi.buehler@compass.com Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,838

Year Built

  • Built in 1987

Lot Details

  • 8.1 Acre Lot
  • Property is zoned R1

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Stone Siding

Interior Spaces

  • 4,490 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Screen For Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Sauna
  • Home Gym
  • Scenic Vista Views
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Partial Basement
  • Garage Access
  • Sump Pump

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Pool Equipment Shed

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 62-07 -0046

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,838

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Kitchen table & chairs-Sign on front of house with last name (PAPA)
  • Inclusions: Appliances in kitchen-Light fixtures-Ceiling fans-W/D- awning outside of FR-Fireplace equipment & screen-Pool table & lamp in basement-griddle to Jenn-aire is missing....-All inclusions in "AS IS" condition
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Marble, Tile/Brick, Partially Carpeted, Hardwood
  • Interior Amenities: Attic/House Fan, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Sauna, Skylight(s), Wood Floors
  • Fireplace Features: Mantel(s), Screen, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Exercise Room, Laundry, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partial, Garage Access, Sump Pump, Unfinished
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4490
  • Living Area Sq Ft: 4490
  • Price Per Sq Ft: 211.58
  • Above Grade Finished Sq Ft: 4490
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pool Equipment Shed
  • Construction Materials: Stone
  • Pool Features: In Ground, Heated, Pool/Spa Combo
  • Spa: Yes
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, 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: Circuit Breakers, Generator
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 284130.00
  • Land Assessed Value: 102910.00
  • Lot Size Acres: 8.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 352836.00
  • Zoning: R1

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 374518
  • School Tax: 12186.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 14838.00
  • Assessor Parcel Number: 62-07 -0046
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Jan 27, 2021
Sold by
Papa Peter A and Papa Nancy L
Bought by
Odutola Segun and Bellin Jessica
Seller's Agent
Mary Beth Adelman
RE/MAX Associates-Wilmington
Buyer's Agent
Andi Buehler
Compass RE
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Current Estimated Value
$1,295,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,101
Avg. Annual Appreciation
7.17%
Original Mortgage
$740,000
Outstanding Balance
$660,700
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$634,401

Purchase Details

Closed on
Oct 7, 2015
Sold by
Papa Peter A and Papa Nancy L
Bought by
Papa Peter A and Papa Nancy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Odutola Segun $925,000 Best Abstract Llc
Papa Peter A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odutola Segun $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $925,000 -2.6% $206 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/06/2020 12/06/20 For Sale $950,000 -- $212 / 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 $15,783 $387,040 $102,910 $284,130
2024 $15,783 $387,040 $102,910 $284,130
2023 $15,476 $387,040 $102,910 $284,130
2022 $15,064 $387,040 $102,910 $284,130
2021 $14,838 $387,040 $102,910 $284,130
2020 $14,560 $387,040 $102,910 $284,130
2019 $14,366 $387,040 $102,910 $284,130
2018 $14,068 $387,040 $102,910 $284,130
2017 $13,086 $387,040 $102,910 $284,130
2016 $1,815 $387,040 $102,910 $284,130
2015 $1,815 $387,040 $102,910 $284,130
2014 $1,815 $387,040 $102,910 $284,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT525842

Bright MLS

APN: 62-007-0046.0000