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512 North Mill Road

512 North Mill Road, Kennett Square, PA 19348
Property in East Marlborough
Sold Jun 22, 2020
$426,300
$396,000 by Philadelphia Mortgage Advisors
Mortgage Due Jun 01, 2052
Sold Aug 10, 2007
$165,000
$132,000 by Trident Mortgage Company Lp
Mortgage Due Aug 01, 2037
Local assessors in Kennett Square, PA have categorized 512 North Mill Road as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 14,266 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 512 North Mill Road has a total of 1,497 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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. 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, 512 North Mill Road was last sold in Jun 15, 2020 for $426,300. According to our calculations, that's $284.77 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Jul 2, 2007. Current property owners are expected to pay $4,386 in taxes per year. The property on 512 North Mill Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $111,970. To break that down further, the land itself was valued at $49,760. While improvements to the property were assessed at a total of $62,210. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,266
  • Total Building Area: 1,497
  • Gross Building Area: 1,497
  • Building Area: 1,497
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,497
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT & DWG

Ownership

  • Current Owner : RATLIFF EDEN R
  • Current Owner 2: RATLIFF GABRIELLE A
  • Previous Owner : PAREDES LUIS CARLOS
  • Owner Before Previous Owner: PORTER HOWARD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Unionville-Chadds Ford School District
  • School Tax School District: UNIONVILLE-CHAD
  • Census Tract: 303502

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: 47-D4
  • District: 61
  • Parcel: 6108 00170000
  • Municipality: E. MARLBOROUGH
  • Latitude: 39.8552
  • Longitude: -75.7299

    Address

  • Full Address: 512 N Mill Rd
  • Address - House Number: 512
  • Street Direction: N
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Kennett Square
  • Carrier Code: R004
  • 4-Digit Zip Code: 1610
  • Zip Code: 19348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,386
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 479,900
  • High Value: 552,196
  • Low Value: 407,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: PHILADELPHIA MORTGAGE ADVISORS
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Loan Amount: $396,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $111,970
  • Market Land Value: $49,760
  • Market Improvement Value: $62,210

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $111,970
  • Assessed Land Value: $49,760
  • Assessed Improvements Value: $62,210

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 22, 2020
  • Current Sale Transaction ID: 11769456131
  • Current Sale Price: $426,300
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11740895
  • Previous Sale Recording Date: Aug 10, 2007
  • Previous Sale Contract Date: Jul 02, 2007
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT FCU
  • First Mortgage Transaction Date: Jun 22, 2020
  • First Mortgage Loan Amount: $404,985
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • Previous Mortgage Transaction Date: Aug 10, 2007
  • Previous Mortgage Loan Amount: $132,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Chester



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Frequently Asked Questions

What neighborhood is 512 North Mill Road located in?
The 512 North Mill Road is a located in the neighborhood of East Marlborough in Chester, Kennett Square.
What is the average sales price for listings in 512 North Mill Road?
The average sales price for units in 512 North Mill Road is $0 currently.

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