NOT LISTED FOR SALE

840 Springbank Ln Wayne, PA 19087

Estimated Value: $1,681,000 - $1,977,000

4 Beds
2.5 Baths
4,344 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,585,000 $365 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,852/month

5 Days on Market

Highlights

  • Valley View
  • Traditional Architecture
  • Wood Flooring
  • New Eagle Elementary School Rated A+
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of June 2023

Welcome to 840 Springbank Lane-- a beautiful, updated, four bedroom colonial in the popular Avonwood neighborhood, in the Tredyffrin/Easttown School District. This home features a flat back and side yard providing a private setting and/or a wonderful play area. The first floor features a gourmet kitchen with a large granite island, granite countertops, and top-of-the-line appliances. The kitchen flows into a large family room with a stone fireplace, and looks out onto the yard and stone terrace. The first floor also features a home office with a fireplace; living room with a fireplace and french doors; formal dining room; and laundry/mudroom w/access to the 3 car garage. The second floor features a large master bedroom with an updated master bathroom and large custom closets. Three additional bedrooms and a bathroom complete the second floor. The lower level is a finished play/game/den room with beverage center and storage closets. A portion of the space is conveniently used as an office/gym. There is plenty of storage space on both sides of the finished part of the lower level. The house has been maintained throughout the years with new windows, new roof, updated kitchen, updated master bathroom, and has been freshly painted throughout. This property has all this, including the convenience to Valley Forge Park, major routes and public transportation, as well as the shopping and dining delights of downtown Wayne and King of Prussia. Don't miss this special home!

Last Agent to Sell the Property

Bob Davis

(610) 651-2700 Bob.Davis@foxroach.com BHHS Fox & Roach Wayne-Devon Listed on: 04/09/2023

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Jennifer Lebow

(610) 822-3356 kenenochs@compass.com Compass RE License #RS292936

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,981

Year Built

  • Built in 1991

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Northeast Facing Home
  • Split Rail Fence
  • Stone Retaining Walls
  • Decorative Fence
  • Sloped Lot
  • Sprinkler System
  • Back Yard Fenced, Front and Side Yard
  • Property is in excellent condition

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Valley
  • Garden

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Wood Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Chimney Cap
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Awning
  • Replacement Windows
  • Insulated Windows
  • Double Hung Windows
  • Palladian Windows
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Whirlpool Bathtub

Home Security

  • Home Security System
  • Exterior Cameras
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • New Eagle Elementary School
  • Valley Forge Middle School
  • Conestoga Senior High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tax Lot 0009.0600
  • Assessor Parcel Number 43-06N-0009.0600

Community Details

Overview

  • Avonwood Homeowners Association
  • Avonwood Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,981

Year Built

Built in 1991

Lot Details

0

HOA Fees

$104 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-04-13
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Kitchen - Eat-In, Dining Area
  • Window Features: Energy Efficient, Insulated, Double Hung, Palladian, Replacement
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Wood, Brick
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass, Storm, Insulated
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Basement Finished Percent: 80.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 4344
  • Living Area Sq Ft: 4344
  • Price Per Sq Ft: 362.90
  • Above Grade Finished Sq Ft: 3844
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Stone
  • Exterior Features: Street Lights, Awning(s), Exterior Lighting, Underground Lawn Sprinkler, Stone Retaining Walls, Chimney Cap(s)
  • Roof: Pitched, Wood
  • Spa: No
  • View: Garden/Lawn, Valley
  • 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
  • Parking Features: Asphalt Driveway, Private
  • Garage Features: Garage - Side Entry, Additional Storage Area, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 250.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Main Entrance Lock, Security System, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Name: AVONWOOD HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: NEW EAGLE
  • High School: CONESTOGA SENIOR
  • Middle Or Junior School: VALLEY FORGE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Decorative, Split Rail, Rear
  • Lot Features: Cul-De-Sac, Sloping, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20648.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RESI

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 12487.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 15981.00
  • Assessor Parcel Number: 43-06N-0009.0600
  • Tax Lot: 0009.0600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2023
Closed on
Jun 29, 2023
Sold by
Gray Samuel D and Deyo Tanya V
Bought by
Markulics Molly and Markulics Todd V
Seller's Agent
Bob Davis
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Jennifer Lebow
Compass RE
List Price
$1,395,000
Sold Price
$1,585,000
Premium/Discount to List
$190,000
13.62%
Views
22
Current Estimated Value
$1,796,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,659
Avg. Annual Appreciation
4.44%
Original Mortgage
$885,000
Outstanding Balance
$856,561
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$920,851

Purchase Details

Closed on
Nov 19, 1998
Sold by
Gray Samuel D and Deyo Tanya V
Bought by
Gray Samuel D and Deyo Tanya V

Purchase Details

Closed on
Mar 20, 1998
Sold by
Nesbitt James K and Nesbitt Judith C
Bought by
Gray Samuel D and Deyo Tanya V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.89%
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
Markulics Molly $1,585,000 None Listed On Document
Gray Samuel D -- --
Gray Samuel D $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markulics Molly $885,000
Previous Owner Gray Samuel D $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $1,585,000 +13.6% $365 / Sq Ft
04/09/2023 04/09/23 For Sale $1,395,000 -- $321 / Sq Ft
Source: Bright MLS

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 $17,013 $486,950 $183,380 $303,570
2024 $17,013 $483,000 $183,380 $299,620
2023 $15,981 $483,000 $183,380 $299,620
2022 $15,568 $483,000 $183,380 $299,620
2021 $15,273 $483,000 $183,380 $299,620
2020 $14,852 $483,000 $183,380 $299,620
2019 $14,382 $483,000 $183,380 $299,620
2018 $14,097 $483,000 $183,380 $299,620
2017 $13,761 $483,000 $183,380 $299,620
2016 -- $483,000 $183,380 $299,620
2015 -- $483,000 $183,380 $299,620
2014 -- $483,000 $183,380 $299,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2042668

Bright MLS

APN: 43-06N-0009.0600

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