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502 Brookfield Way

502 Brookfield Way, West Chester, PA 19382
Property in Willistown
Sold Jun 21, 2021
$350,000
$306,000 by Keystone Funding Inc
Mortgage Due Jul 01, 2051
Sold Jan 05, 1995
$133,000
$119,700 by Chemical Residential Mtg Corp
Mortgage Due Jan 01, 2025
502 Brookfield Way in West Chester, PA was first built in 1984 and is 40 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 502 Brookfield Way has 1,991 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. In total, the area measurement of the land is 1,480 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. The exterior walls of the home are made of stucco. 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 heat pump and being fueled with electricity. 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. 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, 502 Brookfield Way was last sold in Jun 11, 2021 for $350,000. According to our calculations, that's $175.79 per sqft. Prior to that sales transaction, the property was sold for $133,000 in Dec 29, 1994. Current property owners are expected to pay $3,313 in taxes per year. The property on 502 Brookfield Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $125,600. To break that down further, the land itself was valued at $35,910. While improvements to the property were assessed at a total of $89,690. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 1,480
  • Total Building Area: 1,991
  • Gross Building Area: 1,991
  • Building Area: 1,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,991
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLISTOWN WOODS COMPLEX 04-6
  • Land Acres: 0.034
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIT 502-E & DWG

Ownership

  • Current Owner : COWELL JOHN
  • Previous Owner : SUGZDINIS STANLEY G
  • Previous Owner 2: SUGZDINIS OLGA W
  • Owner Before Previous Owner: KOELLN KENNETH W
  • Owner Before Previous Owner 2: KOELLN LISA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Great Valley School District
  • School Tax School District: GREAT VALLEY
  • Census Tract: 300301

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: 33-F10
  • District: 54
  • Parcel: 5408F00230000
  • Municipality: WILLISTOWN
  • Latitude: 39.963
  • Longitude: -75.5076

    Address

  • Full Address: 502 Brookfield Way
  • Address - House Number: 502
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Way
  • State: PA
  • City Name: West Chester
  • Carrier Code: C013
  • 4-Digit Zip Code: 6613
  • Zip Code: 19382

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,313
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 424,958
  • High Value: 495,680
  • Low Value: 354,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: KEYSTONE FUNDING INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $306,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $125,600
  • Market Land Value: $35,910
  • Market Improvement Value: $89,690

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $125,600
  • Assessed Land Value: $35,910
  • Assessed Improvements Value: $89,690

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11840584251
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11843622
  • Previous Sale Recording Date: Jan 05, 1995
  • Previous Sale Contract Date: Dec 29, 1994
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYSTONE FUNDING INC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHEMICAL RESIDENTIAL MTG CORP
  • Previous Mortgage Transaction Date: Jan 05, 1995
  • Previous Mortgage Loan Amount: $119,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2025

About Chester



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Frequently Asked Questions

What neighborhood is 502 Brookfield Way located in?
The 502 Brookfield Way is a located in the neighborhood of Willistown in Chester, West Chester.
What is the average sales price for listings in 502 Brookfield Way?
The average sales price for units in 502 Brookfield Way is $0 currently.

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