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Chester
40 ELM LN
$640,000
House - Off Market

40 ELM LN

GLENMOORE, PA 19343
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3682 Sqft
$840,856
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Watch our video tour! https://www.youtube.com/watch?v=aaFLB2nmJnM Welcome to 40 Elm Lane in Wallace Township offering 4 bedrooms, 4.5 bathrooms and over 3,600 square feet. This home sits in the Downingtown High School West Campus. A wooded 5+ acre private retreat describes this one of a kind home with a unique design and structure. This home just went under construction having major upgrades including new roof shingles, new sidelights, new windows, new siding, new gutters, new deck, new electrical fixtures, new electrical 200 AMP panel, new boiler + new high velocity heat pump and compressor, new water heaters (2), new water softener + new neutralizer + well tank, new high end stainless steel appliances, custom. showers + custom shower doors in the bathrooms, new walkway, new garage doors+ openers, refinished Harwood floors, all new plumbing fixtures and so much more! As you enter the home into the foyer with coat closet you will fall in love with the wooded look throughout. The main level flows nicely which makes for great entertaining! To the right is the formal dining room with easy access to the large high end kitchen. The kitchen is fantastic with stainless steel appliances, beautiful backsplash, upgraded granite countertops, modern white gourmet cabinets and recessed lighting. The living and family room are off of the kitchen. You will love the amount of natural lighting that shines through. The main level is complete with a laundry room, mudroom, half bathroom. and study with full bathroom ensuite. The second level offers 4 bedrooms and 3 full bathrooms. 2 of the bedrooms are massive with full bathrooms ensuite and lots of closet space. The other 2 bedrooms are generously sized and share a hall bathroom. The bathrooms are completely high end with frameless shower doors, beautiful tile work and custom backsplash. The lower level is a fully finished walk-out basement with a great amount of storage space. 40 Elm Lane is a unique home and is definitely not cookie cutter by any means! Call to schedule a private showing today!
Unit Size
3,682Ft²
Days on Market
183 days
Land Size
5.60 acres
Price per sqft
$174
Property Type
House
Property Taxes
$802
HOA Dues
-
Year Built
1988
Last updated: 2 years ago (Bright MLS #PACT508336)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Dec 21, 2020 Sold to Christine Bincham, Christop... $640,000
Sold to Christine Bincham, Christop...
Aug 25, 2020 In contract -
In contract
Aug 16, 2020 Price Decreased $640,000
↓ $9K (1.4%)
Price Decreased
Aug 14, 2020 Price Decreased $648,990
↓ $10 (0%)
Price Decreased
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,300
  • Garage Type: Attached
  • Garage Square Area: 674
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 243,936
  • Total Building Area: 5,938
  • Gross Building Area: 5,938
  • Building Area: 5,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 5,264
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREENBRIAR
  • Land Acres: 5.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5.6 AC & DWG LOT 4

Ownership

  • Current Owner : BINCHAM CHRISTOPHER
  • Current Owner 2: BINCHAM CHRISTINE
  • Previous Owner : MICROORIGIN VENTURES INC
  • Owner Before Previous Owner: XIE FANG
  • Owner Before Previous Owner 2: HALECKY ALAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304600

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 11-D12
  • District: 31
  • Parcel: 3103 00310800
  • Lot: 4
  • Municipality: WALLACE
  • Latitude: 40.0876
  • Longitude: -75.7962

    Address

  • Full Address: 40 Elm Ln
  • Address - House Number: 40
  • Address - Street Name: Elm
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Glenmoore
  • Carrier Code: R005
  • 4-Digit Zip Code: 1332
  • Zip Code: 19343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,641
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 898,978
  • High Value: 1,036,530
  • Low Value: 761,426

    Market Valuation

  • Market Total Value: $351,590
  • Market Land Value: $85,810
  • Market Improvement Value: $265,780

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $351,590
  • Assessed Land Value: $85,810
  • Assessed Improvements Value: $265,780

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11808769656
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11790733
  • Previous Sale Recording Date: Jan 14, 2020
  • Previous Sale Contract Date: Jan 10, 2020
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Jan 14, 2020
  • Previous Mortgage Loan Amount: $389,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chester


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Frequently Asked Questions

When was property at 40 Elm Lane built and last sold?
The property at 40 Elm Lane was built in 1988 and last sold on Nov 30, 2020 for $640,000.
How much is this home worth?
The estimated value of the home located at 40 Elm Lane is $666,794.
What are some comparable homes to 40 Elm Lane?
There are currently no comparable homes to 40 Elm Lane.

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