208 Raintree Lane

Closed 3/17/20
Closed 3/17/20
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Last Sold Price
$159,000
1 bed926 sqft$172/sqft
208 Raintree Ln, Malvern, PA 19355

Description

Investors only please, or owner occupant that can settle in 1st quarter and wait to occupy until the current lease ends. This sale is part of a 1031 exchange and is contingent upon the unit owner completing another property sale and settling 1st quarter of 2020. Welcome to 208 Raintree Ln, Malvern, a spacious, secluded 2nd floor condo unit that includes a living room with balcony, a dining area, kitchen, a generous bedroom with large walk-in closet, a full bathroom, and laundry room. You can expect...Investors only please, or owner occupant that can settle in 1st quarter and wait to occupy until the current lease ends. This sale is part of a 1031 exchange and is contingent upon the unit owner completing another property sale and settling 1st quarter of 2020. Welcome to 208 Raintree Ln, Malvern, a spacious, secluded 2nd floor condo unit that includes a living room with balcony, a dining area, kitchen, a generous bedroom with large walk-in closet, a full bathroom, and laundry room. You can expect maintenance free living with monthly fees covering pool membership, water, heat allowance, sewer, lawn care, trash & snow removal with onsite maintenance to address minor repairs promptly. The desirable Raintree community is within walking distance of all that Malvern Boro has to offer including the train station as well as its many shops and restaurants. The community location also provides convenient access to major roadways. Investors, this unit has a solid rental history. Existing lease and necessary 1031 exchange clause are in agent comments.
LISTING CLOSED: 03/17/2020 12:00 AM

  1. Listed by William M McGarrigle • RE/MAX Main Line-Paoli
    P: (610) 640-9315 bill@billsells.com

Property Details for 208 Raintree Lane

Status
Closed
MLS #
PACT493654
Days on Market
9
Pet Policy
Allowed
Taxes
$2,234 / year
HOA Fees
-
Condo/Co-op Fees
$326 / month
Property Type
Condo
MLS Type
Residential / Condo
Year Built
1972
County
Chester County
Tax ID Number
02-06 -0215
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
2
Structure Type
Unit/Flat/Apartment
Style
Traditional
Levels/Stories
2
Furnished
No
Unit Building Type
Garden 1 - 4 Floors
Waterfront
No
Views
Trees/Woods
Garage
No
Subdivision
RAINTREE
Subdivision
RAINTREE (CHESTER PA)
Cross Street
Sugartown Rd
Municipality
MALVERN BORO
Washer/Dryer/Hook Up in Unit Y/N
Yes
Central Air
Yes
Basement
No
Above Grade Finished SQFT
926.00
Above Grade Fin SQFT Source
Assessor
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No
Property Condition
Good
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Location

Listing Courtesy of RE/MAX Main Line-Paoli

Sold By Metric Realty

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Building Information for 208 Raintree Lane

Building/Complex208 Raintree LnFloor-Stories2Residences-Pet PolicyAllowedPet Policy DetailsCats OKYear Built1972

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$1,320 per month

30 year fixed, 6.55% Interest

Principal and Interest

$808

Property Taxes

$186

HOA Dues

$326

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Property Information for 208 Raintree Lane

Location
Location
  • School District Name: GREAT VALLEY
  • School District County ID: 300200397337
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: GREAT VALLEY M.S. (CHESTER PA)
  • MiddleSchoolSource: Listing Agent
  • High School: GREAT VALLEY (CHESTER PA)
  • HighSchoolSource: Listing Agent
  • County: CHESTER
  • MLS Area: Malvern Boro (10302)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Heat, Insurance, Lawn Maintenance, Pool(s), Snow Removal, Trash, Water
  • HOA Condo Coop Amenities: Pool - Outdoor
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $73,030
  • Year Assessed: 2020
  • County Tax: $319
  • Improvement Assessed Value: $60,580
  • City Town Tax: $341
  • Land Assessed Value: $12,450
  • Clean Green Assessed: No
  • Land Use Code: R50
  • Zoning: R4
  • Tax Lot: 0215
  • School Tax: $1,574
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Full Bath
  • Stories: Main
Financial Information
Financial Information
  • Annual Rental Income: $14,640
Building Info
Building Info
  • Total Finished SQFT: 926.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Location Type: Corner Lot/Unit
  • Parcel ID: 225239
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Dryer, Refrigerator
  • Accessibility Features: None
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Pool: Yes - Community
  • Horse: No
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 208 Raintree Lane

DateEvent & SourcePriceAppreciation
Mar 17, 2020

Closed (Public Record)

Public Record #668853062

$159,000—
Mar 17, 2020

Closed

BRIGHT #PACT493654

$159,000—
Dec 8, 2019

Pending

BRIGHT #PACT493654

—
DateEvent & SourcePrice
03/17/2020

Closed (Public Record)

Public Record #668853062

$159,000
03/17/2020

Closed

BRIGHT #PACT493654

$159,000
12/08/2019

Pending

BRIGHT #PACT493654

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 208 Raintree Lane

Taxable ValueLand$12,450Additions$60,580Total$73,030
Tax Record2026$2,560 ($213 / month)
Home Facts
Beds1Baths1Total Finished SqFt926 SqFtAbove Grade Finished SqFt926 SqFtStories1Lot Size926 SqFtStyleCondominiumYear Built1972ZoningR4CountyCHESTERAPN0206 02150000

Schools near 208 Raintree Lane

This home is within Great Valley School District.
Rating
School
Type
Grades
Distance
General Wayne El School
Public - K to 4
Great Valley Middle School
Public - 7 to 8
Great Valley High School
Public - 9 to 12
The Phelps School
Private - 6 to 12
Rating
School
Distance
General Wayne El School
PublicK to 4

Great Valley Middle School
Public7 to 8

Great Valley High School
Public9 to 12

The Phelps School
Private6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 208 Raintree Lane, Malvern, PA 19355
$159,000
1
926
–
206 Raintree Lane, Malvern, PA 19355
$224,000
3
1,743
–
204 Raintree Lane, Unit 204, Malvern, PA 19355
$92,000
2
–
–
204 Raintree Lane, Malvern, PA 19355
$170,000
2
1,405
–
202 Raintree Lane, Malvern, PA 19355
$120,000
2
1
1,405
–
106 Raintree Lane, Malvern, PA 19355
$138,000
2
1,405
–

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Listing Courtesy of RE/MAX Main Line-Paoli

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.