NOT LISTED FOR SALE

976 Baneswood Dr Kennett Square, PA 19348

Estimated Value: $1,311,000 - $1,536,000

5 Beds
6 Baths
7,023 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $1,323,000 $188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,455/month

3 Days on Market

Highlights

  • 3.5 Acre Lot
  • Traditional Architecture
  • 3 Car Attached Garage
  • Kennett High School Rated A-
  • 2 Fireplaces
  • Central Air

About This Home

As of June 2022

Showings Start Saturday. Surrounded by majestic trees this custom-built French country style home exudes personality. If you are tired of the
Ordinary floor plan this is a home you should see. Situated on 3.5 acres this cul de sac location is just minutes from
Longwood Gardens. As you approach the front door along the slate walkway, the expanded porch now has a full patio to the
Left, to enjoy a late afternoon beverage. Through the front door a soaring ceiling and freshly painted walls invite you to look further.
To the left and right are 10 ft ceilings. In the family room a large wood burning fireplace creates a warm ambiance in the fall
And winter, while the wall of windows allows all the greenery to show through in the spring and summer. Much of the main level has site-finished wood floors. The kitchen has features you would come to expect in a custom home, a designer stove with a double oven, a built-in fridge, natural finish granite, Decora cabinets, Saltillo River tile, handmade copper sinks, custom seeded glass doors & fully accessible to the dining room. Two powder rooms serve the main floor, and a full laundry room/mudroom is accessible from behind the garage. When touring this home, don’t miss the screened-in porch off the kitchen, the study with a view of the rear yard, the living room with a second fireplace, or the main floor primary suite to the far right of the home. Upstairs is a guest suite with a large public area and a full bath. There are 3 other generous bedrooms and 2 additional full baths. This wonderful location is just minutes away from shopping, recreation, schools, Longwood Gardens, Brandywine Valley, downtown Wilmington, Philadelphia Airport & Center City Philadelphia, see list of updates. Floor Plan and Photos will be posted soon. Square footage is based on tax records, we do not know if this is correct a prior listing

Last Agent to Sell the Property

Cathy Rock

EXP Realty, LLC License #RS0015518 Listed on: 04/22/2022

EXP Realty, LLC

Last Buyer's Agent

Craig Schwartz

Patterson-Schwartz-Hockessin License #RA-0020250

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,539

Year Built

  • Built in 1989

Lot Details

  • 3.5 Acre Lot
  • Property is zoned R10

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • 7,023 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Walk-Out Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • Property has a Home Owners Association
  • Baneswood Subdivision

Listing and Financial Details

  • Tax Lot 0050
  • Assessor Parcel Number 62-01 -0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,539

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-04-22
  • Year Built: 1989
  • Automatically Close On Close Date: Yes
  • Remarks Public: Showings Start Saturday. Surrounded by majestic trees this custom-built French country style home exudes personality. If you are tired of the Ordinary floor plan this is a home you should see. Situated on 3.5 acres this cul de sac location is just minutes from Longwood Gardens. As you approach the front door along the slate walkway, the expanded porch now has a full patio to the Left, to enjoy a late afternoon beverage. Through the front door a soaring ceiling and freshly painted walls invite you to look further. To the left and right are 10 ft ceilings. In the family room a large wood burning fireplace creates a warm ambiance in the fall And winter, while the wall of windows allows all the greenery to show through in the spring and summer. Much of the main level has site-finished wood floors. The kitchen has features you would come to expect in a custom home, a designer stove with a double oven, a built-in fridge, natural finish granite, Decora cabinets, Saltillo River tile, handmade copper sinks, custom seeded glass doors & fully accessible to the dining room. Two powder rooms serve the main floor, and a full laundry room/mudroom is accessible from behind the garage. When touring this home, don’t miss the screened-in porch off the kitchen, the study with a view of the rear yard, the living room with a second fireplace, or the main floor primary suite to the far right of the home. Upstairs is a guest suite with a large public area and a full bath. There are 3 other generous bedrooms and 2 additional full baths. This wonderful location is just minutes away from shopping, recreation, schools, Longwood Gardens, Brandywine Valley, downtown Wilmington, Philadelphia Airport & Center City Philadelphia, see list of updates. Floor Plan and Photos will be posted soon. Square footage is based on tax records, we do not know if this is correct a prior listing
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 7023
  • Living Area Sq Ft: 7023
  • Price Per Sq Ft: 141.68
  • Above Grade Finished Sq Ft: 7023
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 976

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half 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: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 324850.00
  • Land Assessed Value: 100070.00
  • Land Use Code: R10
  • Lot Size Acres: 3.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 152460.00
  • Year Assessed: 2022
  • Zoning: R10
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 372030
  • School Tax: 13542.00
  • Tax Annual Amount: 16539.00
  • Assessor Parcel Number: 62-01 -0050
  • Tax Lot: 0050
  • Tax Total Finished Sq Ft: 7023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/17/2022

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 9, 2022
Sold by
Lee Klein and Lee Gary
Bought by
Spodeck Cindy and Spodeck Leslie
Seller's Agent
Cathy Rock
EXP Realty, LLC
Buyer's Agent
Craig Schwartz
Patterson-Schwartz-Hockessin
List Price
$995,000
Sold Price
$1,323,000
Premium/Discount to List
$328,000
32.96%
Current Estimated Value
$1,434,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,292
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Apr 1, 2019
Closed on
Nov 5, 2020
Sold by
Spell Thomas R and Spell Ellen M
Bought by
Klein Gary Lee and Klein Diane
Seller's Agent
Victoria Dickinson
Patterson-Schwartz - Greenville
Buyer's Agent
Cathy Rock
EXP Realty, LLC
List Price
$700,000
Sold Price
$683,000
Premium/Discount to List
-$17,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.56%
Original Mortgage
$283,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Luft Jay D and Luft Roberta M
Bought by
Spell Thomas R and Spell Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
7.01%

Purchase Details

Closed on
Jan 10, 1995
Sold by
Long Richmond John and Long Richmond Teri
Bought by
Luft Jay D and Luft Roberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
9.23%
Source: Public Records

Range of Values:

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Average Value
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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
Spodeck Cindy $1,323,000 Best Abstract Llc
Klein Gary Lee $683,000 Weichert Closing Services Co
Spell Thomas R $770,000 --
Luft Jay D $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein Gary Lee $283,000
Previous Owner Spell Ellen M $219,600
Previous Owner Spell Thomas Ross $530,000
Previous Owner Spell Thomas R $616,000
Previous Owner Luft Jay D $472,000
Closed Spell Thomas R $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $1,323,000 0.0% $188 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/25/2022 04/25/22 Off Market $1,323,000 -- --
04/22/2022 04/22/22 For Sale $995,000 +45.7% $142 / Sq Ft
11/13/2020 11/13/20 Sold $683,000 -2.4% $125 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $700,000 +2.5% $128 / Sq Ft
06/18/2020 06/18/20 Off Market $683,000 -- --
06/17/2020 06/17/20 Price Changed $700,000 0.0% $128 / Sq Ft
06/17/2020 06/17/20 For Sale $700,000 0.0% $128 / Sq Ft
09/10/2019 09/10/19 Rented $3,700 -99.5% --
08/28/2019 08/28/19 Under Contract -- -- --
08/28/2019 08/28/19 Off Market $683,000 -- --
08/09/2019 08/09/19 For Rent $3,700 0.0% --
08/05/2019 08/05/19 Price Changed $749,000 -4.6% $137 / Sq Ft
04/01/2019 04/01/19 For Sale $785,000 0.0% $143 / Sq Ft
01/17/2018 01/17/18 Rented $3,750 -25.0% --
12/07/2017 12/07/17 Under Contract -- -- --
07/17/2017 07/17/17 For Rent $5,000 +8.7% --
06/15/2015 06/15/15 Rented $4,600 -8.0% --
03/31/2015 03/31/15 Under Contract -- -- --
03/17/2015 03/17/15 For Rent $5,000 -- --
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 $18,409 $451,450 $100,070 $351,380
2023 $16,991 $424,920 $100,070 $324,850
2022 $16,539 $424,920 $100,070 $324,850
2021 $16,290 $424,920 $100,070 $324,850
2020 $15,985 $424,920 $100,070 $324,850
2019 $15,772 $424,920 $100,070 $324,850
2018 $15,445 $424,920 $100,070 $324,850
2017 $14,366 $424,920 $100,070 $324,850
2016 $1,685 $424,920 $100,070 $324,850
2015 $1,685 $424,920 $100,070 $324,850
2014 $1,685 $424,920 $100,070 $324,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2022822

Bright MLS

APN: 62-001-0050.0000