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124 Marshall Bridge Road

124 Marshall Bridge Road, Kennett Square, PA 19348
Property in Kennett
Sold May 14, 2019
$239,276
$385,000 by Manufacturers & Traders Trust
Mortgage
Sold Jun 03, 2015
$1,050,000
$840,000 by M & T Bank
Mortgage Due Jun 01, 2045
Local assessors in Kennett Square, PA have categorized 124 Marshall Bridge Road as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 242,673 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 124 Marshall Bridge Road has a total of 13,049 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,750 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 1,542 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with stone control joints. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 124 Marshall Bridge Road sold most recently in May 8, 2019 for a total of $239,276. If you work out the math, that's approximately a cost of $18.34 per sqft. Before that, the property was also sold for $1,050,000 in Apr 29, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $21,640 in taxes each year. 124 Marshall Bridge Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $541,180. If we break it down further, the land itself was valued at $97,320. Improvements to the property, however, were assessed at a total of $443,860. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1900
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Stone
  • Building Style: Custom
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,750
  • Garage Type: Detached
  • Garage Square Area: 1,542
  • Parking Space Count: 6
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 242,673
  • Total Building Area: 13,049
  • Gross Building Area: 13,049
  • Building Area: 13,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 13,049
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 5.571
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5.571 AC DWG GAR BLDG & PO

Ownership

  • Current Owner : AHL JOHN PETER
  • Current Owner 2: AHL ANN OFFUTT
  • Previous Owner : 114 MBR LLC
  • Owner Before Previous Owner: LEWIS JOHN L
  • Owner Before Previous Owner 2: LEWIS AUDREY GARLACH
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kennett Consolidated School District
  • School Tax School District: KENNETT SQUARE
  • Census Tract: 303301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 47-G11
  • District: 62
  • Parcel: 6206 00650100
  • Municipality: KENNETT
  • Latitude: 39.8111
  • Longitude: -75.7022

    Address

  • Full Address: 124 Marshall Bridge Rd
  • Address - House Number: 124
  • Address - Street Name: Marshall Bridge
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Kennett Square
  • Carrier Code: R003
  • 4-Digit Zip Code: 2706
  • Zip Code: 19348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,640
  • Tax Rate Code Area: 62

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 996,304
  • High Value: 1,164,846
  • Low Value: 827,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Open Lien Mortgage Recording Date: Jan 29, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $385,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $602,950
  • Market Land Value: $97,320
  • Market Improvement Value: $505,630

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $541,180
  • Assessed Land Value: $97,320
  • Assessed Improvements Value: $443,860

    Sales

  • Current Sale Contract Date: May 08, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11607092866
  • Current Sale Price: $239,276
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11665164
  • Previous Sale Recording Date: Jun 03, 2015
  • Previous Sale Contract Date: Apr 29, 2015
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Jun 03, 2015
  • Previous Mortgage Loan Amount: $840,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Chester



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Frequently Asked Questions

What neighborhood is 124 Marshall Bridge Road located in?
The 124 Marshall Bridge Road is a located in the neighborhood of Kennett in Chester, Kennett Square.
What is the average sales price for listings in 124 Marshall Bridge Road?
The average sales price for units in 124 Marshall Bridge Road is $0 currently.

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