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1240 Wembley Drive

1240 Wembley Drive, Wayne, PA 19087
Property in Tredyffrin
Sold Jul 17, 2013
$795,000
$541,000 by First Guaranty Mortgage Corp
Mortgage Due May 01, 2036
Sold Dec 08, 1997
$466,516
$325,000 by Countrywide Home Loans Inc
Mortgage Due Dec 01, 2027
Local assessors in Wayne, PA have categorized 1240 Wembley Drive as a residential type of property. The home was built in 1997 and is 27 years old. It was most recently renovated and altered in 2023. The property's lot size has been calculated to be 24,774 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 4 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 1240 Wembley Drive has a total of 4,008 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 finished improved basement that is 770 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 770 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Lots of stucco 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 forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 9, 2013 for $795,000. That's $166.39 per sqft. Prior to that sales transaction, the property was also sold in Nov 6, 1997 for $466,516. 1240 Wembley Drive was last assessed in 2024. The total value of the property was assessed at $418,110. Specifically, the land the property is located on was valued at $68,120. While improvements on the property were assessed at a total of $349,990. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $13,769. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 770
  • Garage Type: Attached
  • Garage Square Area: 770
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 24,774
  • Total Building Area: 4,778
  • Gross Building Area: 4,778
  • Building Area: 4,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHAMONA RDG PARTNERS
  • Land Acres: 0.569
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 & DWG

Ownership

  • Current Owner : BILLINGS MARK S
  • Current Owner 2: DERGANC BILLINGS KATHERINE MARY
  • Previous Owner : WEBER JOHN C
  • Previous Owner 2: WEBER CAROLYN B
  • Owner Before Previous Owner: SHAMONA RIDGE PARTNERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tredyffrin-Easttown School District
  • School Tax School District: TREDYFFRIN-EAST
  • Census Tract: 300101

Zoning

  • Zoning: R1

Geography

  • District: 43
  • Parcel: 4306E01120000
  • Lot: 10
  • Municipality: TREDYFFRIN
  • Latitude: 40.0796
  • Longitude: -75.4213

    Address

  • Full Address: 1240 Wembley Dr
  • Address - House Number: 1240
  • Address - Street Name: Wembley
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Wayne
  • Carrier Code: C030
  • 4-Digit Zip Code: 1618
  • Zip Code: 19087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,769
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 1,235,245
  • High Value: 1,443,561
  • Low Value: 1,026,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $541,000
  • First Open Lien Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $541,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $418,110
  • Market Land Value: $68,120
  • Market Improvement Value: $349,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $418,110
  • Assessed Land Value: $68,120
  • Assessed Improvements Value: $349,990

    Sales

  • Current Sale Contract Date: Jul 09, 2013
  • Current Sale Recording Date: Jul 17, 2013
  • Current Sale Transaction ID: 1124238695
  • Current Sale Price: $795,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11290816
  • Previous Sale Recording Date: Dec 08, 1997
  • Previous Sale Contract Date: Nov 06, 1997
  • Previous Sale Amount: $466,516
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 17, 2013
  • First Mortgage Loan Amount: $636,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 08, 1997
  • Previous Mortgage Loan Amount: $325,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About Chester



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Frequently Asked Questions

What neighborhood is 1240 Wembley Drive located in?
The 1240 Wembley Drive is a located in the neighborhood of Tredyffrin in Chester, Wayne.
What is the average sales price for listings in 1240 Wembley Drive?
The average sales price for units in 1240 Wembley Drive is $0 currently.

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