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871 Jefferson Way

871 Jefferson Way, West Chester, PA 19380
Townhouse in East Goshen
Sold May 05, 2020
$355,000
$255,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2050
Sold Apr 14, 2006
$380,000
$300,000 by First National Bank Of Chester
Mortgage Due May 01, 2036
871 Jefferson Way in West Chester, PA was first built in 1986 and is 38 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. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 871 Jefferson Way has 1,352 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. The basement is 288 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 1,352 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. For those who need parking, there is a detached garage. The garage is 288 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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, 871 Jefferson Way was last sold in Apr 14, 2020 for $355,000. According to our calculations, that's $262.57 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Apr 10, 2006. Current property owners are expected to pay $4,906 in taxes per year. The property on 871 Jefferson Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $170,710. To break that down further, the land itself was valued at $40,560. While improvements to the property were assessed at a total of $130,150. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 288
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,352
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,352
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE/JEFFERSON
  • Land Acres: 0.031
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: UNIT 871 DWG & GAR

Ownership

  • Current Owner : SCHECTMAN RICHARD A
  • Current Owner 2: SCHECTMAN HELENE
  • Previous Owner : PASKALIS LYNNE L
  • Owner Before Previous Owner: BRANDON MARION W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Chester Area School District
  • School Tax School District: WEST CHESTER
  • Census Tract: 302803

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 32-J1
  • District: 53
  • Parcel: 5302 08230000
  • Municipality: E. GOSHEN
  • Latitude: 40.0062
  • Longitude: -75.5515

    Address

  • Full Address: 871 Jefferson Way
  • Address - House Number: 871
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Way
  • State: PA
  • City Name: West Chester
  • Carrier Code: C051
  • 4-Digit Zip Code: 6908
  • Zip Code: 19380

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,906
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 507,996
  • High Value: 587,120
  • Low Value: 428,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 05, 2020
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $176,500
  • Market Land Value: $40,560
  • Market Improvement Value: $135,940

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $170,710
  • Assessed Land Value: $40,560
  • Assessed Improvements Value: $130,150

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Transaction ID: 11758336610
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11731332
  • Previous Sale Recording Date: Apr 14, 2006
  • Previous Sale Contract Date: Apr 10, 2006
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 05, 2020
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF CHESTER
  • Previous Mortgage Transaction Date: Apr 14, 2006
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2036

About Chester



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Frequently Asked Questions

What neighborhood is 871 Jefferson Way located in?
The 871 Jefferson Way is a townhouse located in the neighborhood of East Goshen in Chester, West Chester.
What is the average sales price for listings in 871 Jefferson Way?
The average sales price for units in 871 Jefferson Way is $0 currently.

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