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438 Newark Road

438 Newark Road, Landenberg, PA 19350
Property in New Garden
Sold Nov 12, 2019
$252,800
$248,221 by Prosperity Home Mortgage Llc
Mortgage Due Dec 01, 2049
Sold Jul 12, 2016
$152,500
Local assessors in Landenberg, PA have categorized 438 Newark Road as a residential type of property. The home was built in 1935 and is 89 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 438 Newark Road has a total of 1,344 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 816 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 816 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Lots of alum/vinyl siding 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. 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, 438 Newark Road sold most recently in Nov 6, 2019 for a total of $252,800. If you work out the math, that's approximately a cost of $188.10 per sqft. Before that, the property was also sold for $152,500 in Jul 1, 2016. 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 $3,765 in taxes each year. 438 Newark Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $97,260. If we break it down further, the land itself was valued at $37,460. Improvements to the property, however, were assessed at a total of $59,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 816
  • Garage Type: Detached
  • Garage Square Area: 816
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

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

Ownership

  • Current Owner : DOWDALL KEVIN
  • Previous Owner : FAMILY TIES LLC
  • Owner Before Previous Owner: PENNINGTON EPHRIM R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kennett Consolidated School District
  • School Tax School District: KENNETT SQUARE
  • Census Tract: 306501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 54-K1
  • District: 60
  • Parcel: 6005 00980000
  • Municipality: NEW GARDEN
  • Latitude: 39.7885
  • Longitude: -75.7485

    Address

  • Full Address: 438 Newark Rd
  • Address - House Number: 438
  • Address - Street Name: Newark
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Landenberg
  • Carrier Code: R006
  • 4-Digit Zip Code: 9340
  • Zip Code: 19350

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,765
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 362,918
  • High Value: 425,254
  • Low Value: 300,582

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $278,993
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 12, 2019
  • First Open Lien Mortgage Loan Amount: $248,221
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Dec 02, 2021
  • Second Open Lien Mortgage Loan Amount: $30,772
  • Second Open Lien Mortgage Term: 335
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $103,050
  • Market Land Value: $37,460
  • Market Improvement Value: $65,590

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $97,260
  • Assessed Land Value: $37,460
  • Assessed Improvements Value: $59,800

    Sales

  • Current Sale Contract Date: Nov 06, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Transaction ID: 11678095809
  • Current Sale Price: $252,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11699094
  • Previous Sale Recording Date: Jul 12, 2016
  • Previous Sale Contract Date: Jul 01, 2016
  • Previous Sale Amount: $152,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 12, 2019
  • First Mortgage Loan Amount: $248,221
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

About Chester



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Frequently Asked Questions

What neighborhood is 438 Newark Road located in?
The 438 Newark Road is a located in the neighborhood of New Garden in Chester, Landenberg.
What is the average sales price for listings in 438 Newark Road?
The average sales price for units in 438 Newark Road is $0 currently.

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