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1472 Federal Drive

1472 Federal Drive, Downingtown, PA 19335
Sold Sep 14, 2020
$350,000
$250,000 by Trident Mortgage Company Lp
Mortgage Due Sep 01, 2050
Sold Sep 05, 2017
$294,500
$235,600 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2047
Local assessors in Downingtown, PA have categorized 1472 Federal Drive as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 22,000 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 7 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 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 1472 Federal Drive has a total of 1,498 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 276 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. 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 attached garage for those who need a place to park their vehicle. The garage on the property is 276 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of alum/vinyl siding 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1472 Federal Drive was last sold in Aug 18, 2020 for $350,000. According to our calculations, that's $197.29 per sqft. Prior to that sales transaction, the property was sold for $294,500 in Aug 25, 2017. Current property owners are expected to pay $4,549 in taxes per year. The property on 1472 Federal Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $135,340. To break that down further, the land itself was valued at $34,250. While improvements to the property were assessed at a total of $101,090. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Driveway

Driveway

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 276
  • Garage Type: Attached
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 1,774
  • Gross Building Area: 1,774
  • Building Area: 1,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,498
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONIAL WOODS
  • Land Acres: 0.505
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 53 & DWG

Ownership

  • Current Owner : PIERGIOVANNI GENEVA
  • Previous Owner : GLASS DANIEL J
  • Owner Before Previous Owner: MURPHY SHAWN D
  • Owner Before Previous Owner 2: MURPHY ALICIA V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 303803

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 30-C5
  • District: 50
  • Parcel: 5002J00100000
  • Lot: 53
  • Municipality: W. BRADFORD
  • Latitude: 39.9879
  • Longitude: -75.7329

    Address

  • Full Address: 1472 Federal Dr
  • Address - House Number: 1472
  • Address - Street Name: Federal
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Downingtown
  • Carrier Code: C019
  • 4-Digit Zip Code: 3636
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,549
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 460,186
  • High Value: 527,943
  • Low Value: 392,429

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $136,240
  • Market Land Value: $34,250
  • Market Improvement Value: $101,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $135,340
  • Assessed Land Value: $34,250
  • Assessed Improvements Value: $101,090

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11787539484
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11760974
  • Previous Sale Recording Date: Sep 05, 2017
  • Previous Sale Contract Date: Aug 25, 2017
  • Previous Sale Amount: $294,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 05, 2017
  • Previous Mortgage Loan Amount: $235,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Chester



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Frequently Asked Questions

What neighborhood is 1472 Federal Drive located in?
The 1472 Federal Drive is a house located in the neighborhood of West Bradford in Chester, Downingtown.
What is the average sales price for listings in 1472 Federal Drive?
The average sales price for units in 1472 Federal Drive is $0 currently.

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