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403 Penns Lane

403 Penns Lane, Malvern, PA 19355
Townhouse in Willistown
403 Penns 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 1982 and is 42 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 403 Penns Lane has 1,632 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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. 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, 403 Penns Lane was last sold in Sep 16, 2021 for $375,000. According to our calculations, that's $229.78 per sqft. Current property owners are expected to pay $3,705 in taxes per year. The property on 403 Penns Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $140,430. To break that down further, the land itself was valued at $39,420. While improvements to the property were assessed at a total of $101,010. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210825
08/25/2021
3 Bed
2.5 Bath
1632 ft²
$350,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1632 ft²
$375,000 +7.14%
10/05/2021
Dawn Kummerer

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 720
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,632
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREENTREE PLAN
  • Land Acres: 0.017
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIT 403 & DWG

Ownership

  • Current Owner : SIEGEL MARCY
  • Previous Owner : KELLY ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Great Valley School District
  • School Tax School District: GREAT VALLEY
  • Census Tract: 300303

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 23-F9
  • District: 54
  • Parcel: 5401P00452100
  • Municipality: WILLISTOWN
  • Latitude: 40.039
  • Longitude: -75.5018

    Address

  • Full Address: 403 Penns Ln
  • Address - House Number: 403
  • Address - Street Name: Penns
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Malvern
  • Carrier Code: C012
  • 4-Digit Zip Code: 3214
  • Zip Code: 19355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,705
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 465,313
  • High Value: 535,310
  • Low Value: 395,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,250
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $281,250
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $140,430
  • Market Land Value: $39,420
  • Market Improvement Value: $101,010

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $140,430
  • Assessed Land Value: $39,420
  • Assessed Improvements Value: $101,010

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11859021815
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11874010

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $281,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Paoli



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Nearby Rentals

Unit for rent at

$2,500 /mo

  • 2 Beds
  • 2 Baths
Listing by Susan R Cosgrove
Unit for rent at

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,279 ft²
Listing by William Holder

Frequently Asked Questions

What neighborhood is 403 Penns Lane located in?
The 403 Penns Lane is a townhouse located in the neighborhood of Willistown in Paoli, Malvern.
What is the average sales price for listings in 403 Penns Lane?
The average sales price for units in 403 Penns Lane is $350,000 , or $214/sqft. currently.

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