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131 East State Street

131 East State Street, Kennett Square, PA 19348
Property in Kennett Square
Local assessors in Kennett Square, PA have categorized 131 East State Street as a office type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,825 square feet.

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. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 131 East State Street sold most recently in Nov 12, 1996 for a total of $194,326. If you work out the math, that's approximately a cost of $48.63 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 $7,946 in taxes each year. 131 East State Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $168,210. If we break it down further, the land itself was valued at $31,190. Improvements to the property, however, were assessed at a total of $137,020. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,825
  • Total Building Area: 3,996
  • Gross Building Area: 3,996
  • Building Area: 3,996
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Land Acres: 0.065
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: LOT OFFICE & APT

Ownership

  • Current Owner : WARNER STEPHEN H
  • Current Owner 2: WARNER ROBERT G
  • Previous Owner : PEARSON WAYNE E

Neighborhood

  • School District Name: Kennett Consolidated School District
  • School Tax School District: KENNETT SQUARE
  • Census Tract: 303402

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: 47-E5
  • District: 03
  • Parcel: 0302 02180000
  • Municipality: KENNETT SQUARE
  • Latitude: 39.8472
  • Longitude: -75.7108

    Address

  • Full Address: 131 E State St
  • Address - House Number: 131
  • Street Direction: E
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: PA
  • City Name: Kennett Square
  • Carrier Code: C008
  • 4-Digit Zip Code: 3156
  • Zip Code: 19348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,946
  • Tax Rate Code Area: 03

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: FRANKFORD BANK NA
  • First Open Lien Mortgage Recording Date: Nov 12, 1996
  • First Open Lien Mortgage Loan Amount: $275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $168,210
  • Market Land Value: $31,190
  • Market Improvement Value: $137,020

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $168,210
  • Assessed Land Value: $31,190
  • Assessed Improvements Value: $137,020

    Sales

  • Current Sale Contract Date: Nov 12, 1996
  • Current Sale Recording Date: Nov 12, 1996
  • Current Sale Transaction ID: 1144593751
  • Current Sale Price: $194,326
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 67999

    Last Sale Mortgage

  • First Mortgage Lender: FRANKFORD BANK NA
  • First Mortgage Transaction Date: Nov 12, 1996
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Kennett Square



Similar Buildings

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Nearby Rentals

Unit for rent at 319 Walnut Court Way, KENNETT SQUARE, PA, 19348

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 874 ft²
319 Walnut Court Way #19, KENNETT SQUARE, PA, 19348 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 131 East State Street located in?
The 131 East State Street is a located in the neighborhood of Kennett Square in Kennett Square, Kennett Square.
What is the average sales price for listings in 131 East State Street?
The average sales price for units in 131 East State Street is $0 currently.

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