Check Availability
Chester 19087
1497 LEXINGTON LN
$769,999
House - In Contract

1497 LEXINGTON LN

WAYNE, PA 19087
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2328 Sqft
$3,781
Estimated Monthly
$0
HOA / Fees

About This Property

After taking a break for the holiday season, this lovely home is BACK on the market and can be shown beginning Saturday, February 17 at 2PM!! 1497 Lexington Lane offers unbelievable value, low property taxes, a picturesque neighborhood and a convenient Wayne location within the popular T/E school district. Move right in to this 4 bedroom, 2.5 bath home on .78 acre lot with mature trees, extensive hardscaping and plenty of space for entertaining inside and out. A new whole house Generac generator is icing on the cake! The lengthy driveway leads to a classic brick "center hall colonial" with a covered front porch and attached two car garage with inside access. This home was meticulously prepared for the market with freshly painted siding, professional landscaping and a newly paved driveway. Through the front door you'll find hardwood floors running through the main level (including under the living room carpet) and throughout the second level. The attractive foyer welcomes you into the spacious living and dining rooms, both with large picture windows, which seller replaced during his ownership. The dining room with crown molding leads to the remodeled eat-in kitchen featuring newer stainless steel GE Profile appliances, large pantry cabinet and warm gray Italian tile flooring. The kitchen also has a door providing access to the lovely stone patio with ambient string lights and plenty of room for outdoor dining, grilling and lounging. You'll love the spacious family room off the kitchen with an exposed brick wall containing a wood-burning fireplace and a French door, also leading to the patio. There is a convenient separate laundry room and fully updated powder room on this level. Upstairs, the generous 20' by 13' primary suite features dual closets with built-in storage drawers and other organizational features. Recently renovated, the primary bathroom includes a double vanity, walk-in tiled shower with a frameless glass door and a linen storage area. There are three additional bedrooms, one with a very nice walk-in closet with custom storage. The second full bath could use a refresh but it has plenty of room for a double vanity as well as a large shower or a bathtub/shower and is adjacent to a hallway linen closet. The lower level is squeaky clean and was recently painted and drylok sealed. It offers plenty of space for an additional work, play or exercise space and a storage area and crawl space. There's also a newly installed full house Generac generator powered by natural gas. You'll love spending time in the flat yard which is partially enclosed with white vinyl privacy fencing and has a large grassy area for recreation including a "treehouse" playset. Located in the sought-after Brookmead  Farms / Glenhardie neighborhood, this home is within walking distance of Valley Forge Elementary and Middle Schools in the nationally acclaimed T/E school district. This home is also convenient to Valley Forge National Park, Gateway Shopping Center, Glenhardie Country Club, Lifetime Fitness, the King of Prussia Town Center and Mall, Rt. 202, I-76 and the Pennsylvania Turnpike. Plus, your location in Wayne provides quick rail or car access to all of the Main Line while still offering the superior value and low tax bill that is unique to Chester County. Homes like this one do not come to market often! Make your appointment today or come to an Open House on Sunday, November 19 from 1PM-3PM. Please note that Seller's ideal Settlement Date is January 3, 2024 but he is open to considering an earlier settlement date.
Unit Size
2,328Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$331
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1963
Listed By
Last updated: 3 months ago (Bright MLS #PACT2055740)

Price History

Date / Event Date Event Price
Feb 19, 2024 In contract -
In contract
Feb 15, 2024 Relisted $769,000
Relisted
Feb 15, 2024 Price Increased $769,999
↑ $999 (0.1%)
Price Increased
Dec 24, 2023 No longer available -
No longer available
Dec 12, 2023 Price Decreased $769,000
↓ $20K (2.5%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Features: Garage - Side Entry, Inside Access
Parking Features: Attached Garage, Driveway
Attached Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 12
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 4

Bathroom Information

Full Bathrooms on 1st Upper Level: 2

Interior Information

Interior Features: Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Primary Bath(s), Wood Floors
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
Flooring Type: Hardwood, Ceramic Tile, Carpet
Living Area Square Feet Source: Assessor

Room Information

Laundry Type: Main Floor

Fireplace Information

Has Fireplace
Mantel(s), Wood, Brick
Fireplaces: 1

Basement Information

Has Basement
Full, Unfinished

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 472
  • Garage Type: Attached
  • Garage Square Area: 472
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,110
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,328
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CELIA CONSTRUCTION CO
  • Land Acres: 0.783
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 & DWG

Ownership

  • Current Owner : KNEZEVICH DANIEL
  • Current Owner 2: KNEZEVICH LYNDA
  • Previous Owner : PATRICK DEBORAH A
  • Previous Owner 2: ESTATE OF PATRICIA MILLER
  • 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

  • Assessors Map Reference: 24-G1
  • District: 43
  • Parcel: 4305D00830000
  • Lot: 1
  • Municipality: TREDYFFRIN
  • Latitude: 40.0854
  • Longitude: -75.43

    Address

  • Full Address: 1497 Lexington Ln
  • Address - House Number: 1497
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Wayne
  • Carrier Code: C034
  • 4-Digit Zip Code: 1334
  • Zip Code: 19087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,699
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.0765
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 803,146
  • High Value: 864,639
  • Low Value: 741,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $586,000
  • First Open Lien Mortgage Lender: IRON WORKERS BANK
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $536,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: IRON WORKERS BANK
  • Second Open Lien Mortgage Recording Date: Jul 24, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 15, 2048

    Market Valuation

  • Market Total Value: $232,700
  • Market Land Value: $62,490
  • Market Improvement Value: $170,210

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $232,700
  • Assessed Land Value: $62,490
  • Assessed Improvements Value: $170,210

    Sales

  • Current Sale Contract Date: Dec 12, 2003
  • Current Sale Recording Date: Dec 23, 2003
  • Current Sale Transaction ID: 1129351431
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10355421

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Dec 23, 2003
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,324 ft²
$411/ft²
$955,000 Jun 2, 2023
$955,000 Jul 18, 2023
-

About Chester


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Frequently Asked Questions

When was property at 1497 Lexington Lane built and last sold?
The property at 1497 Lexington Lane was built in 1963 and last sold on Dec 12, 2003 for $300,000.
How much is this home worth?
The estimated value of the home located at 1497 Lexington Lane is $772,009.
What are some comparable homes to 1497 Lexington Lane?
Homes that are comparable to 1497 Lexington Lane include a house property at 1477 Lexington Lane, located in WAYNE, PA.

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