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277 Chestnut Tree Road

277 Chestnut Tree Road, Elverson, PA 19520
Property in West Nantmeal
Sold May 23, 2018
$315,000
$299,250 by Homesale Mortgage Llc
Mortgage Due Jun 01, 2048
Sold Feb 28, 2013
$232,000
$208,800 by The Bryn Mawr Trust Co
Mortgage Due Mar 01, 2043
Local assessors in Elverson, PA have categorized 277 Chestnut Tree Road as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 43,124 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 3 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 277 Chestnut Tree Road has a total of 2,358 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 water 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with stone control joints. Lots of rock and stone were used in the construction of the exterior walls of the home. The home's a forced air unit 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, 277 Chestnut Tree Road was last sold in May 18, 2018 for $315,000. According to our calculations, that's $133.59 per sqft. Prior to that sales transaction, the property was sold for $232,000 in Feb 22, 2013. Current property owners are expected to pay $5,069 in taxes per year. The property on 277 Chestnut Tree Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $137,540. To break that down further, the land itself was valued at $30,410. While improvements to the property were assessed at a total of $107,130. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Stone
  • Exterior Walls Type: Rock and stone
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 2,358
  • Gross Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,358
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT & DWG

Ownership

  • Current Owner : LEWIS JOHN D
  • Current Owner 2: LEWIS BETHEL
  • Previous Owner : GALLAGHER PATRICK C
  • Previous Owner 2: GALLAGHER LINDEN C
  • Owner Before Previous Owner: WRIGHT FRANK J
  • Owner Before Previous Owner 2: WRIGHT ELAINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Twin Valley School District
  • School Tax School District: TWIN VALLEY
  • Census Tract: 311500

Zoning

  • Zoning: R1

Geography

  • District: 23
  • Parcel: 2302 00480000
  • Municipality: W. NANTMEAL
  • Latitude: 40.1315
  • Longitude: -75.8396

    Address

  • Full Address: 277 Chestnut Tree Rd
  • Address - House Number: 277
  • Address - Street Name: Chestnut Tree
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Elverson
  • Carrier Code: R002
  • 4-Digit Zip Code: 9113
  • Zip Code: 19520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,069
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 459,988
  • High Value: 532,815
  • Low Value: 387,162

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $449,250
  • First Open Lien Mortgage Lender: HOMESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 23, 2018
  • First Open Lien Mortgage Loan Amount: $299,250
  • 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: Jun 01, 2048
  • Second Open Lien Mortgage Lender: CENTRIC BANK
  • Second Open Lien Mortgage Recording Date: Feb 20, 2020
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $145,020
  • Market Land Value: $30,410
  • Market Improvement Value: $114,610

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $137,540
  • Assessed Land Value: $30,410
  • Assessed Improvements Value: $107,130

    Sales

  • Current Sale Contract Date: May 18, 2018
  • Current Sale Recording Date: May 23, 2018
  • Current Sale Transaction ID: 11469142247
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11608134
  • Previous Sale Recording Date: Feb 28, 2013
  • Previous Sale Contract Date: Feb 22, 2013
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 23, 2018
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: THE BRYN MAWR TRUST CO
  • Previous Mortgage Transaction Date: Feb 28, 2013
  • Previous Mortgage Loan Amount: $208,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Chester



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Frequently Asked Questions

What neighborhood is 277 Chestnut Tree Road located in?
The 277 Chestnut Tree Road is a located in the neighborhood of West Nantmeal in Chester, Elverson.
What is the average sales price for listings in 277 Chestnut Tree Road?
The average sales price for units in 277 Chestnut Tree Road is $0 currently.

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