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710 McKernan Lane

710 McKernan Lane, Exton, PA 19341
Property in Uwchlan
Sold Nov 12, 2020
$525,000
$498,750 by Mortgage America Inc
Mortgage Due Nov 01, 2050
Sold Jul 09, 2007
$450,000
$360,000 by American Home Mortgage Corp
Mortgage Due Aug 01, 2037
Local assessors in Exton, PA have categorized 710 McKernan Lane as a residential type of property. The home was built in 1977 and is 47 years old. 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 colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 are 3 full bathrooms. There are also 4 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 710 McKernan Lane has a total of 3,238 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 572 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 municipal 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 attached garage for those who need a place to park their vehicle. The garage on the property is 572 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 710 McKernan Lane sold most recently in Oct 12, 2020 for a total of $525,000. If you work out the math, that's approximately a cost of $137.80 per sqft. Before that, the property was also sold for $450,000 in Jun 22, 2007. 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 $7,551 in taxes each year. 710 McKernan Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $248,490. If we break it down further, the land itself was valued at $51,490. Improvements to the property, however, were assessed at a total of $197,000. 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. 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.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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 572
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,810
  • Gross Building Area: 3,810
  • Building Area: 3,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,238
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROPERTY/I&S CONSTRUCTION CO
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 AC DWG & POOL LOT 11

Ownership

  • Current Owner : YEATES IAN V
  • Previous Owner : SKALSKI ROBERT
  • Previous Owner 2: SKALSKI DENISE
  • Owner Before Previous Owner: MCMANES LISIANNA NESCI
  • Owner Before Previous Owner 2: MCMANES WILLIAM T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304403

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 21-J7
  • District: 33
  • Parcel: 3305 006301K0
  • Lot: 11
  • Municipality: UWCHLAN
  • Latitude: 40.0509
  • Longitude: -75.6238

    Address

  • Full Address: 710 Mckernan Ln
  • Address - House Number: 710
  • Address - Street Name: Mckernan
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Exton
  • Carrier Code: C006
  • 4-Digit Zip Code: 1928
  • Zip Code: 19341

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,551
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 736,351
  • High Value: 844,013
  • Low Value: 628,688

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $608,750
  • First Open Lien Mortgage Lender: MORTGAGE AMERICA INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $498,750
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: WILMINGTON SAVINGS FUND SOCIET
  • Second Open Lien Mortgage Recording Date: Jul 20, 2022
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $275,230
  • Market Land Value: $51,490
  • Market Improvement Value: $223,740

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $248,490
  • Assessed Land Value: $51,490
  • Assessed Improvements Value: $197,000

    Sales

  • Current Sale Contract Date: Oct 12, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11799491673
  • Current Sale Price: $525,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11778517
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Contract Date: Jun 22, 2007
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE AMERICA INC
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $498,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 09, 2007
  • Previous Mortgage Loan Amount: $360,000
  • 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 710 McKernan Lane located in?
The 710 McKernan Lane is a located in the neighborhood of Uwchlan in Chester, Exton.
What is the average sales price for listings in 710 McKernan Lane?
The average sales price for units in 710 McKernan Lane is $0 currently.

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