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248 Patriot Lane

248 Patriot Lane, Downingtown, PA 19335
Property in East Brandywine
Sold Jul 06, 2016
$588,757
$471,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2046
248 Patriot Lane in Downingtown, PA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 248 Patriot Lane has 4,269 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 736 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 34,122 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 736 sqft. There are a total of 3 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 248 Patriot Lane sold most recently in Jun 24, 2016 for a total of $588,757. If you work out the math, that's approximately a cost of $117.63 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 $11,851 in taxes each year. 248 Patriot Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $327,920. If we break it down further, the land itself was valued at $105,870. Improvements to the property, however, were assessed at a total of $222,050. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 736
  • Garage Type: Attached
  • Garage Square Area: 736
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 34,122
  • Total Building Area: 5,005
  • Gross Building Area: 5,005
  • Building Area: 4,269
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,269
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIDE-A-WAY FARMS
  • Land Acres: 0.783
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 & DWG

Ownership

  • Current Owner : BINDU RAMACHANDRAN MANOJ
  • Current Owner 2: BINDU MANOJ
  • Previous Owner : SOUTHDOWN HOMES LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304300

Zoning

  • Zoning: R2

Geography

  • District: 30
  • Parcel: 3002 03590000
  • Lot: 30
  • Municipality: E. BRANDYWINE
  • Latitude: 40.0609
  • Longitude: -75.7737

    Address

  • Full Address: 248 Patriot Ln
  • Address - House Number: 248
  • Address - Street Name: Patriot
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Downingtown
  • Carrier Code: R001
  • 4-Digit Zip Code: 4994
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,851
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 863,373
  • High Value: 1,008,976
  • Low Value: 717,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $471,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 06, 2016
  • First Open Lien Mortgage Loan Amount: $471,000
  • 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: Jul 01, 2046

    Market Valuation

  • Market Total Value: $327,920
  • Market Land Value: $105,870
  • Market Improvement Value: $222,050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $327,920
  • Assessed Land Value: $105,870
  • Assessed Improvements Value: $222,050

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Jul 06, 2016
  • Current Sale Transaction ID: 1647280105
  • Current Sale Price: $588,757
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11482499

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 06, 2016
  • First Mortgage Loan Amount: $471,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Chester



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Frequently Asked Questions

What neighborhood is 248 Patriot Lane located in?
The 248 Patriot Lane is a located in the neighborhood of East Brandywine in Chester, Downingtown.
What is the average sales price for listings in 248 Patriot Lane?
The average sales price for units in 248 Patriot Lane is $0 currently.

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