NOT LISTED FOR SALE

Estimated Value: $375,000

1.5 Acres
$250,000 Price per Acre
65,340 Sq Ft Lot

Last Sold February 04, 2019

Last sale price $4,100,000 $1,923 Per Sq Ft

Current estimated payment $2,385/month

360 Days on Market

Highlights

  • 1.5 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Kennett High School Rated A-

About This Lot

As of February 2019

Property fully open in November

A beautiful setting amidst Kennett Square's finest shopping, dining, and recreation; in walking distance to Historic downtown Kennett. We will be offering spacious, impeccably high end finished residences with spectacular amenities....all the elements of luxurious living have aligned at The Flats at Kennett. Adjacent to the beautifully landscaped grounds is Anson B. Nixon Park, one of several nearby recreation areas. Just down the street from Longwood Gardens, with luxurious apartments featuring large layouts, private balconies, quartz countertops, stainless steel appliances, and many more high end finishes, The Flats at Kennett is one of the most luxurious communities in the area.

Last Listed By

Eric Kuhn

Pillar Real Estate Advisors Listed on: 10/20/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,735

Year Built

  • 2021

Lot Details

  • 1.5

Utilities

  • Well
  • On Site Septic

Additional Features

  • 1.5 Acre Lot
  • En-Suite Primary Bedroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0001
  • Assessor Parcel Number 62-04 -0001

Property Details

Property Type

Land

Est. Annual Taxes

$4,735

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: The Ravello is a proposed 175-unit luxury apartment development opportunity situated on 14.4 acres. The approved structure is a four-story, wood frame apartment complex to be constructed over a one-story steel and concrete parking garage which accommodates 150 cars, in addition to 147 surface parking spots. The Ravello is a fully entitled site, construction permit ready and is the first Class A Luxury Apartment Site within 9 miles. The property is adjacent to Exelon Corporation, Anson B. Nixon Park, and within walking distance to downtown Kennett Square Borough.
  • Special Features: None
  • Year Built: 2021

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 66.96
  • Street Number Modifier: 603

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 89920.00
  • Lot Size Acres: 1.50
  • Lot Dimensions: 0X0, LotWidth:900
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 65340.00
  • Zoning: C
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 372619
  • Tax Annual Amount: 4735.00
  • Assessor Parcel Number: 62-04 -0001
  • Tax Lot: 0001
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/04/2019

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2016
Sold by
Blevins Edwin L and Blevins Carol
Bought by
Ravello Properties Lp
Total Days on Market
360
Current Estimated Value
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.43%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Aug 27, 2016
Sold by
Blevins Edvin L and Blevins Carol
Bought by
Ravello Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.43%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Range of Values:

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Average Value
Not Available
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
Ravello Properties Lp -- Attorney
Ravello Properties Llc $1,400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hreg Kennett Square Llc $29,618,000
Closed Hreg Kennett Square Llc $30,180,000
Closed Ravello Properties Llc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Price Changed $1,875 +1.1% $2 / Sq Ft
06/17/2024 06/17/24 Price Changed $1,855 +0.3% $2 / Sq Ft
06/04/2024 06/04/24 Price Changed $1,850 +0.8% $2 / Sq Ft
05/29/2024 05/29/24 Price Changed $1,835 +0.5% $2 / Sq Ft
05/28/2024 05/28/24 Price Changed $1,825 -1.4% $2 / Sq Ft
05/27/2024 05/27/24 Price Changed $1,850 -3.1% $2 / Sq Ft
05/27/2024 05/27/24 Price Changed $1,910 +3.2% $2 / Sq Ft
05/21/2024 05/21/24 Price Changed $1,850 +0.8% $2 / Sq Ft
05/14/2024 05/14/24 Price Changed $1,835 +1.1% $2 / Sq Ft
05/14/2024 05/14/24 Price Changed $1,815 -4.7% $2 / Sq Ft
05/08/2024 05/08/24 Price Changed $1,905 +1.6% $2 / Sq Ft
05/08/2024 05/08/24 Price Changed $1,875 -1.6% $2 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,905 -1.3% $2 / Sq Ft
05/01/2024 05/01/24 Price Changed $1,930 +0.3% $2 / Sq Ft
04/25/2024 04/25/24 Price Changed $1,925 +2.7% $2 / Sq Ft
04/25/2024 04/25/24 Price Changed $1,875 -2.6% $2 / Sq Ft
04/21/2024 04/21/24 Price Changed $1,925 +2.7% $2 / Sq Ft
04/19/2024 04/19/24 Price Changed $1,875 +6.2% $2 / Sq Ft
04/17/2024 04/17/24 Price Changed $1,765 +1.4% $2 / Sq Ft
04/11/2024 04/11/24 Price Changed $1,740 -3.3% $2 / Sq Ft
04/10/2024 04/10/24 Price Changed $1,800 +3.4% $2 / Sq Ft
04/09/2024 04/09/24 Price Changed $1,740 -5.4% $2 / Sq Ft
04/05/2024 04/05/24 Price Changed $1,840 +2.2% $2 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,800 -2.2% $2 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,840 +2.2% $2 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,800 -2.2% $2 / Sq Ft
04/02/2024 04/02/24 Price Changed $1,840 -8.5% $2 / Sq Ft
03/31/2024 03/31/24 Price Changed $2,010 +9.2% $3 / Sq Ft
03/28/2024 03/28/24 Price Changed $1,840 +0.8% $2 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,825 +1.1% $2 / Sq Ft
03/13/2024 03/13/24 Price Changed $1,805 +0.8% $2 / Sq Ft
03/12/2024 03/12/24 Price Changed $1,790 +1.4% $2 / Sq Ft
03/06/2024 03/06/24 Price Changed $1,765 +1.1% $2 / Sq Ft
02/28/2024 02/28/24 Price Changed $1,745 +0.9% $2 / Sq Ft
02/14/2024 02/14/24 Price Changed $1,730 +0.6% $2 / Sq Ft
02/12/2024 02/12/24 Price Changed $1,720 +0.3% $2 / Sq Ft
02/12/2024 02/12/24 Price Changed $1,715 +3.0% $2 / Sq Ft
02/09/2024 02/09/24 Price Changed $1,665 -0.3% $2 / Sq Ft
02/08/2024 02/08/24 Price Changed $1,670 -2.6% $2 / Sq Ft
02/07/2024 02/07/24 Price Changed $1,715 -0.6% $2 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,725 -0.3% $2 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,730 +1.8% $2 / Sq Ft
02/01/2024 02/01/24 Price Changed $1,700 -1.4% $2 / Sq Ft
01/31/2024 01/31/24 Price Changed $1,725 -2.8% $2 / Sq Ft
01/28/2024 01/28/24 Price Changed $1,775 -0.3% $2 / Sq Ft
01/24/2024 01/24/24 Price Changed $1,780 +2.0% $2 / Sq Ft
01/21/2024 01/21/24 Price Changed $1,745 -0.9% $2 / Sq Ft
01/20/2024 01/20/24 Price Changed $1,760 +3.2% $2 / Sq Ft
01/19/2024 01/19/24 Price Changed $1,705 -4.5% $2 / Sq Ft
01/09/2024 01/09/24 Price Changed $1,785 -2.2% $2 / Sq Ft
01/06/2024 01/06/24 Price Changed $1,825 -0.5% $2 / Sq Ft
01/02/2024 01/02/24 Price Changed $1,835 +2.8% $2 / Sq Ft
12/21/2023 12/21/23 Price Changed $1,785 -3.3% $2 / Sq Ft
12/20/2023 12/20/23 Price Changed $1,845 -0.8% $2 / Sq Ft
12/19/2023 12/19/23 Price Changed $1,860 +1.9% $2 / Sq Ft
12/16/2023 12/16/23 Price Changed $1,825 -0.5% $2 / Sq Ft
12/14/2023 12/14/23 Price Changed $1,835 -4.4% $2 / Sq Ft
11/22/2023 11/22/23 Price Changed $1,920 +1.1% $2 / Sq Ft
11/21/2023 11/21/23 Price Changed $1,900 -1.0% $2 / Sq Ft
11/17/2023 11/17/23 Price Changed $1,920 +1.6% $2 / Sq Ft
11/14/2023 11/14/23 Price Changed $1,890 -1.0% $2 / Sq Ft
11/09/2023 11/09/23 Price Changed $1,910 +1.3% $2 / Sq Ft
11/08/2023 11/08/23 Price Changed $1,885 +1.1% $2 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,865 -2.6% $2 / Sq Ft
11/01/2023 11/01/23 Price Changed $1,915 +1.3% $2 / Sq Ft
10/31/2023 10/31/23 Price Changed $1,890 -1.3% $2 / Sq Ft
10/29/2023 10/29/23 Price Changed $1,915 +1.1% $2 / Sq Ft
10/24/2023 10/24/23 Price Changed $1,895 +0.8% $2 / Sq Ft
10/22/2023 10/22/23 Price Changed $1,880 +0.5% $2 / Sq Ft
10/20/2023 10/20/23 Price Changed $1,870 -8.2% $2 / Sq Ft
10/17/2023 10/17/23 Price Changed $2,036 +2.3% $3 / Sq Ft
10/11/2023 10/11/23 Price Changed $1,991 +2.1% $3 / Sq Ft
10/05/2023 10/05/23 Price Changed $1,951 -3.0% $3 / Sq Ft
10/04/2023 10/04/23 Price Changed $2,011 +2.0% $3 / Sq Ft
10/01/2023 10/01/23 Price Changed $1,971 +0.3% $3 / Sq Ft
09/30/2023 09/30/23 Price Changed $1,966 +0.3% $3 / Sq Ft
09/20/2023 09/20/23 Price Changed $1,961 -9.5% $3 / Sq Ft
09/11/2023 09/11/23 Price Changed $2,166 -1.1% $3 / Sq Ft
09/10/2023 09/10/23 Price Changed $2,191 -0.2% $3 / Sq Ft
09/09/2023 09/09/23 Price Changed $2,196 +3.9% $3 / Sq Ft
09/07/2023 09/07/23 Price Changed $2,114 -1.4% $3 / Sq Ft
09/06/2023 09/06/23 Price Changed $2,144 -0.2% $3 / Sq Ft
09/05/2023 09/05/23 Price Changed $2,149 -2.9% $3 / Sq Ft
09/04/2023 09/04/23 Price Changed $2,214 -2.5% $3 / Sq Ft
09/01/2023 09/01/23 Price Changed $2,271 +4.4% $3 / Sq Ft
08/30/2023 08/30/23 Price Changed $2,176 +1.6% $3 / Sq Ft
08/30/2023 08/30/23 Price Changed $2,141 0.0% $3 / Sq Ft
08/29/2023 08/29/23 Price Changed $2,141 +0.2% $3 / Sq Ft
08/29/2023 08/29/23 Price Changed $2,136 0.0% $3 / Sq Ft
08/25/2023 08/25/23 Price Changed $2,136 -0.2% $3 / Sq Ft
08/25/2023 08/25/23 Price Changed $2,141 +1.9% $3 / Sq Ft
08/18/2023 08/18/23 Price Changed $2,101 +1.0% $3 / Sq Ft
08/17/2023 08/17/23 Price Changed $2,081 -1.3% $3 / Sq Ft
08/16/2023 08/16/23 Price Changed $2,109 +0.5% $3 / Sq Ft
08/16/2023 08/16/23 Price Changed $2,099 -12.4% $3 / Sq Ft
08/09/2023 08/09/23 Price Changed $2,395 +2.1% $3 / Sq Ft
08/02/2023 08/02/23 Price Changed $2,345 +1.3% $3 / Sq Ft
07/27/2023 07/27/23 Price Changed $2,315 +0.2% $3 / Sq Ft
07/26/2023 07/26/23 Price Changed $2,310 +42.6% $3 / Sq Ft
06/23/2023 06/23/23 For Rent $1,620 0.0% --
06/16/2023 06/16/23 For Rent $1,620 0.0% --
03/28/2023 03/28/23 Price Changed $1,620 +21.8% $2 / Sq Ft
03/08/2023 03/08/23 Price Changed $1,330 -30.7% $2 / Sq Ft
09/12/2022 09/12/22 Price Changed $1,920 +3.5% $2 / Sq Ft
06/07/2022 06/07/22 For Rent $1,855 0.0% --
05/18/2022 05/18/22 For Rent $1,855 0.0% --
02/04/2019 02/04/19 Sold $4,100,000 -6.3% $1,923 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $4,375,000 -- $2,052 / 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 $3,677 $90,170 $90,170 --
2023 $3,606 $90,170 $90,170 $0
2022 $3,510 $90,170 $90,170 $0
2021 $1,469 $38,330 $38,330 $0
2020 $1,442 $38,330 $38,330 $0
2019 $4,760 $128,250 $38,330 $89,920
2018 $4,662 $128,250 $38,330 $89,920
2017 $4,336 $128,250 $38,330 $89,920
2016 $509 $128,250 $38,330 $89,920
2015 $509 $128,250 $38,330 $89,920
2014 $509 $128,250 $38,330 $89,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003279681

Bright MLS

APN: 62-004-0001.0000