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305 Redbud Lane

305 Redbud Lane, Kennett Square, PA 19348
Property in East Marlborough
305 Redbud Lane in Kennett Square, PA was first built in 2017 and is 7 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 townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 305 Redbud Lane has 2,312 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 600 sqft and has been categorized as a full basement. In total, the area measurement of the land is 1,235 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 240 sqft. There is one available parking space. 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, 305 Redbud Lane sold most recently in Jun 20, 2020 for a total of $404,900. If you work out the math, that's approximately a cost of $158.66 per sqft. Before that, the property was also sold for $359,400 in Nov 20, 2018. 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 $7,227 in taxes each year. 305 Redbud Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $184,500. If we break it down further, the land itself was valued at $85,770. Improvements to the property, however, were assessed at a total of $98,730. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Building Style

Colonial

Facilities

Laundry Room

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200111
01/11/2020
3 Bed
3 Bath
1712 ft²
$395,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1712 ft²
$404,900 +2.51%
07/06/2020
John Murray
BHHS Fox & Roach Wayne-Devon

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 600
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,235
  • Total Building Area: 2,552
  • Gross Building Area: 2,552
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,312
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.028
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 38 & DWG

Ownership

  • Current Owner : MEGANATHAN SATISH KUMAR
  • Current Owner 2: KUMAR AARTHI DEVI
  • Previous Owner : GILMAN ADITI
  • Previous Owner 2: GILMAN MICHAEL
  • Owner Before Previous Owner: REGIS INVESTMENT PROPERTIES LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Unionville-Chadds Ford School District
  • School Tax School District: UNIONVILLE-CHAD
  • Census Tract: 303501

Zoning

  • Zoning: RB

Geography

  • District: 61
  • Parcel: 6105 01987800
  • Lot: 38
  • Municipality: E. MARLBOROUGH
  • Latitude: 39.8604
  • Longitude: -75.7047

    Address

  • Full Address: 305 Redbud Ln
  • Address - House Number: 305
  • Address - Street Name: Redbud
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Kennett Square
  • Carrier Code: R007
  • 4-Digit Zip Code: 1585
  • Zip Code: 19348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,227
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.1671
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 551,343
  • High Value: 643,503
  • Low Value: 459,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Loan Amount: $396,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2042

    Market Valuation

  • Market Total Value: $184,500
  • Market Land Value: $85,770
  • Market Improvement Value: $98,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $184,500
  • Assessed Land Value: $85,770
  • Assessed Improvements Value: $98,730

    Sales

  • Current Sale Contract Date: Jun 20, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Transaction ID: 11771745099
  • Current Sale Price: $404,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11743467
  • Previous Sale Recording Date: Nov 28, 2018
  • Previous Sale Contract Date: Nov 20, 2018
  • Previous Sale Amount: $359,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Jul 06, 2020
  • First Mortgage Loan Amount: $397,565
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • Previous Mortgage Transaction Date: Nov 28, 2018
  • Previous Mortgage Loan Amount: $287,520
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About Chester



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Frequently Asked Questions

What neighborhood is 305 Redbud Lane located in?
The 305 Redbud Lane is a located in the neighborhood of East Marlborough in Chester, Kennett Square.
What is the average sales price for listings in 305 Redbud Lane?
The average sales price for units in 305 Redbud Lane is $395,000 , or $231/sqft. currently.

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