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123 Tradition Lane

123 Tradition Lane, Downingtown, PA 19335
Property in East Brandywine
Sold May 22, 2001
$180,000
$136,000 by Trident Mtg Company Lp
Mortgage Due Jun 01, 2031
123 Tradition Lane in Downingtown, PA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 123 Tradition Lane has 1,584 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 462 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 123 Tradition Lane sold most recently in May 4, 2001 for a total of $180,000. If you work out the math, that's approximately a cost of $87.98 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,201 in taxes each year. 123 Tradition Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $143,910. If we break it down further, the land itself was valued at $44,210. Improvements to the property, however, were assessed at a total of $99,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 462
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,046
  • Gross Building Area: 2,046
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,584
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOCUST KNOLL 02
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 AC & DWG LOT 29

Ownership

  • Current Owner : DIEHL MARK D
  • Previous Owner : DIEHL ANNELIESE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 29-K1
  • District: 30
  • Parcel: 3005L00610000
  • Lot: 29
  • Municipality: E. BRANDYWINE
  • Latitude: 40.0207
  • Longitude: -75.7539

    Address

  • Full Address: 123 Tradition Ln
  • Address - House Number: 123
  • Address - Street Name: Tradition
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Downingtown
  • Carrier Code: C021
  • 4-Digit Zip Code: 1328
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,201
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 439,868
  • High Value: 513,656
  • Low Value: 366,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: TRIDENT MTG COMPANY LP
  • First Open Lien Mortgage Recording Date: May 22, 2001
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031

    Market Valuation

  • Market Total Value: $143,910
  • Market Land Value: $44,210
  • Market Improvement Value: $99,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $143,910
  • Assessed Land Value: $44,210
  • Assessed Improvements Value: $99,700

    Sales

  • Current Sale Contract Date: May 04, 2001
  • Current Sale Recording Date: May 22, 2001
  • Current Sale Transaction ID: 1129159886
  • Current Sale Price: $180,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 31357

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MTG COMPANY LP
  • First Mortgage Transaction Date: May 22, 2001
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2031

About Chester



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Frequently Asked Questions

What neighborhood is 123 Tradition Lane located in?
The 123 Tradition Lane is a located in the neighborhood of East Brandywine in Chester, Downingtown.
What is the average sales price for listings in 123 Tradition Lane?
The average sales price for units in 123 Tradition Lane is $0 currently.

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