See Home Value
Chester 19335
78 MARGIL FARM DRIVE
$1,266,134*
House - Off Market

78 MARGIL FARM DRIVE

DOWNINGTOWN, PA 19335
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
5828 Sqft
$1,013,000 - $1,237,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jun 16, 2021
$1,055,000
$505,000 by Envoy Mortgage Ltd
Mortgage Due Jul 01, 2051
Sold Apr 24, 2007
$985,000
$280,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2037

About This Property

Welcome to the former Model Home for Cumberland Ridge!  Award-winning Moser Builders have have crafted this exquisite home with every available option with 5 BR 4.2 Bath and over 5,800 finished square feet of luxury.  Professional established landscaping with irrigation and custom paver walkway surround the home.  Enter into the Center Hall Foyer with wainscoting and gleaming hardwoods.  Formal Living Room with cozy fireplace with French Doors leading to the Professional Office.  A Formal Dining Room also flanks the foyer and has custom woodworking, hardwood floors and access to the stunning Kitchen.  Gourmet Kitchen is sure to impress with oversized granite island, 6-burner Wolf Range, double oven and counter-depth stainless fridge.  Ideal for entertaining, the kitchen is open to the Breakfast Room with vaulted tongue-and-groove ceiling and is also open to the gorgeous Family Room!  Vaulted ceilings in the Family are accented by a cozy raised-hearth fireplace and tons of windows overlooking the private rear yard.  Access from the 3-car garage into a custom mudroom with lockers, powder room and tile flooring!  Upstairs the Master Suite is sure to impress with custom tray ceiling, sitting area, his-and-hers walk-in closets, and spa-like Master Bath with large soaking tub, dual vanities, glass shower and water closet.  Down the hall 2 guest bedrooms share a Jack-n-Jill full Bath.  Generous-sized 3rd Bedroom, Center Hall Bath Laundry Room and Bonus Room above the garage!  As expected, the fully finished lower level does not disappoint and features a 2nd Family Room/Theater, custom Full Bar, Billiard Room, Bedroom, Full Bathroom and tons of space for whatever suits.  The rear of the home has been finished with a custom composite Trex Deck overlooking the flat and private rear yard.  The walkout basement accesses the paver patio that has been extended to include an outdoor Kitchen and hard-scaped paver fire pit!  The entire home has been fully remediated with Hardie Siding and is truly a turn-key opportunity in award-winning Downingtown SD and STEM Academy.  Easy access to all major routes and minutes to shopping and grocery stores, this amazing custom home has so much to offer!

The manager has listed the unit size as 5828 square feet.
Unit Size
5,828Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$193
Property Type
House
Property Taxes
$11,185
HOA Dues
$91
Year Built
2004

Price History

Date / Event Date Event Price
Oct 7, 2021 No longer available -
No longer available
Jun 16, 2021 Sold to Andrew Wanner Preusse, Cour... $1,055,000
Sold to Andrew Wanner Preusse, Cour...
Mar 4, 2021 In contract -
In contract
Mar 3, 2021 Relisted $1,125,000
Relisted
Mar 2, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,000
  • Garage Type: Attached
  • Garage Square Area: 690
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,984
  • Total Building Area: 6,518
  • Gross Building Area: 6,518
  • Building Area: 5,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,828
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND RDG
  • Land Acres: 1.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 AC & DWG LOT 54

Ownership

  • Current Owner : PREUSSE ANDREW WANNER
  • Current Owner 2: PREUSSE COURTNEY JANE
  • Previous Owner : FLUHARTY WILLIAM J
  • Previous Owner 2: FLUHARTY CHERYL LYNN
  • Owner Before Previous Owner: CUMBERLAND RIDGE DEVELOPMENT LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304300

Zoning

  • Zoning: R2

Geography

  • District: 30
  • Parcel: 3006 00505100
  • Lot: 54
  • Municipality: E. BRANDYWINE
  • Latitude: 40.0217
  • Longitude: -75.7258

    Address

  • Full Address: 78 Margil Farm Dr
  • Address - House Number: 78
  • Address - Street Name: Margil Farm
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Downingtown
  • Carrier Code: R004
  • 4-Digit Zip Code: 1555
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,665
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 1,056,800
  • High Value: 1,213,876
  • Low Value: 899,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $505,000
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $505,000
  • 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: $322,770
  • Market Land Value: $110,400
  • Market Improvement Value: $212,370

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $322,770
  • Assessed Land Value: $110,400
  • Assessed Improvements Value: $212,370

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11839898358
  • Current Sale Price: $1,055,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11842766
  • Previous Sale Recording Date: Apr 24, 2007
  • Previous Sale Contract Date: Apr 19, 2007
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $505,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 24, 2007
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chester


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 365 Donofrio Drive, DOWNINGTOWN, PA, 19335

$2,850 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,250 ft²
365 Donofrio Drive, DOWNINGTOWN, PA, 19335 Listing by Derek Donatelli


Frequently Asked Questions

When was property at 78 Margil Farm Drive built and last sold?
The property at 78 Margil Farm Drive was built in 2004 and last sold on May 26, 2021 for $1,055,000.
How much is this home worth?
The estimated value of the home located at 78 Margil Farm Drive is $1,132,749.
What are some comparable homes to 78 Margil Farm Drive?
There are currently no comparable homes to 78 Margil Farm Drive.

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