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32 Wood Lane

32 Wood Lane, Malvern, PA 19355
Property in East Whiteland
Sold Jul 07, 2020
$468,000
$374,400 by Benchmark Fcu
Mortgage Due Jul 01, 2050
Sold Oct 01, 1987
$130,000
32 Wood Lane has been categorized by the local assessors in Malvern, PA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 32 Wood Lane has 1,722 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 300 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 16,988 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of masonry. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 26, 2020 for $468,000. That's $271.78 per sqft. Prior to that sales transaction, the property was also sold in Oct 1, 1987 for $130,000. 32 Wood Lane was last assessed in 2024. The total value of the property was assessed at $165,360. Specifically, the land the property is located on was valued at $44,200. While improvements on the property were assessed at a total of $121,160. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,390. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,722
  • Gross Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,722
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOWNEAST
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 65 & DWG

Ownership

  • Current Owner : SHIPLEY WILLIAM
  • Current Owner 2: SHIPLEY SARAH
  • Previous Owner : SHIPLEY WILLIAM
  • Previous Owner 2: MCGUINNESS MARGARET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Valley School District
  • School Tax School District: GREAT VALLEY
  • Census Tract: 302103

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 23-B8
  • District: 42
  • Parcel: 4204 02210000
  • Lot: 65
  • Municipality: E. WHITELAND
  • Latitude: 40.048
  • Longitude: -75.5304

    Address

  • Full Address: 32 Wood Ln
  • Address - House Number: 32
  • Address - Street Name: Wood
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Malvern
  • Carrier Code: C153
  • 4-Digit Zip Code: 1731
  • Zip Code: 19355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,390
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 512,796
  • High Value: 599,275
  • Low Value: 426,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,400
  • First Open Lien Mortgage Lender: BENCHMARK FCU
  • First Open Lien Mortgage Recording Date: Jul 07, 2020
  • First Open Lien Mortgage Loan Amount: $374,400
  • 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, 2050

    Market Valuation

  • Market Total Value: $165,360
  • Market Land Value: $44,200
  • Market Improvement Value: $121,160

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $165,360
  • Assessed Land Value: $44,200
  • Assessed Improvements Value: $121,160

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Transaction ID: 11772880011
  • Current Sale Price: $468,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11744159
  • Previous Sale Recording Date: Oct 01, 1987
  • Previous Sale Contract Date: Oct 01, 1987
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BENCHMARK FCU
  • First Mortgage Transaction Date: Jul 07, 2020
  • First Mortgage Loan Amount: $374,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Chester



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Frequently Asked Questions

What neighborhood is 32 Wood Lane located in?
The 32 Wood Lane is a located in the neighborhood of East Whiteland in Chester, Malvern.
What is the average sales price for listings in 32 Wood Lane?
The average sales price for units in 32 Wood Lane is $0 currently.

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