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1061 Smithfield Lane

1061 Smithfield Lane, Downingtown, PA 19335
Property in West Bradford
Sold Jan 26, 2021
$566,920
$501,920 by Nvr Mortgage Finance Inc
Mortgage Due Feb 01, 2051
Sold Oct 26, 2020
$210,000
1061 Smithfield Lane in Downingtown, PA was first built in 2020 and is 4 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 traditional style. There are a total of 2 floors. There are a total of 9 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. 1061 Smithfield Lane has 3,488 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 760 sqft and has been categorized as a full basement. In total, the area measurement of the land is 17,658 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 attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. 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 forced air unit and being fueled with gas. 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. The property was last sold in Jan 11, 2021 for $566,920. That's $145.07 per sqft. Prior to that sales transaction, the property was also sold in Sep 17, 2020 for $210,000. 1061 Smithfield Lane was last assessed in 2024. The total value of the property was assessed at $270,240. Specifically, the land the property is located on was valued at $70,330. While improvements on the property were assessed at a total of $199,910. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,083. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 760
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,658
  • Total Building Area: 3,908
  • Gross Building Area: 3,908
  • Building Area: 3,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,488
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUCK HILL FARM
  • Land Acres: 0.405
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 & DWG

Ownership

  • Current Owner : BARON MEREDITH COURTNEY
  • Current Owner 2: BARON DAVID BENJAMIN
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: TI MCKEE BRADFORD LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Coatesville Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 303804

Zoning

  • Zoning: R1

Geography

  • District: 50
  • Parcel: 5004 03960000
  • Lot: 31
  • Municipality: W. BRADFORD
  • Latitude: 39.9748
  • Longitude: -75.7496

    Address

  • Full Address: 1061 Smithfield Ln
  • Address - House Number: 1061
  • Address - Street Name: Smithfield
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Downingtown
  • Carrier Code: C015
  • 4-Digit Zip Code: 3716
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,083
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 721,593
  • High Value: 841,368
  • Low Value: 601,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $501,920
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $501,920
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $270,240
  • Market Land Value: $70,330
  • Market Improvement Value: $199,910

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $270,240
  • Assessed Land Value: $70,330
  • Assessed Improvements Value: $199,910

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11815132991
  • Current Sale Price: $566,920
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11801025
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Sep 17, 2020
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $501,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Chester



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Frequently Asked Questions

What neighborhood is 1061 Smithfield Lane located in?
The 1061 Smithfield Lane is a located in the neighborhood of West Bradford in Chester, Downingtown.
What is the average sales price for listings in 1061 Smithfield Lane?
The average sales price for units in 1061 Smithfield Lane is $0 currently.

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