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29 Founders Way

29 Founders Way, Downingtown, PA 19335
Property in Upper Uwchlan
Sold Dec 22, 2020
$642,000
$510,400 by Bayshore Mortgage Funding Llc
Mortgage Due Jan 01, 2051
Sold Jul 23, 1997
$346,007
$150,000 by Westminster Mtg Corp
Mortgage Due Aug 01, 2012
29 Founders Way has been categorized by the local assessors in Downingtown, PA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 29 Founders Way has 4,788 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,600 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 52,272 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 714 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 10, 2020 for $642,000. That's $116.68 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 1997 for $346,007. 29 Founders Way was last assessed in 2024. The total value of the property was assessed at $320,140. Specifically, the land the property is located on was valued at $79,280. While improvements on the property were assessed at a total of $240,860. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,931. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,600
  • Garage Type: Attached
  • Garage Square Area: 714
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 5,502
  • Gross Building Area: 5,502
  • Building Area: 4,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,788
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKERIDGE
  • Land Acres: 1.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.2 AC & DWG LOT 13

Ownership

  • Current Owner : IZZI MICHAEL
  • Current Owner 2: IZZI JENNIFER
  • Previous Owner : IRWIN JOHN J
  • Previous Owner 2: IRWIN ELISE B
  • Owner Before Previous Owner: LAKERIDGE LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304502

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 20-G4
  • District: 32
  • Parcel: 3206 00257400
  • Lot: 13
  • Municipality: UPPER UWCHLAN
  • Latitude: 40.0592
  • Longitude: -75.7068

    Address

  • Full Address: 29 Founders Way
  • Address - House Number: 29
  • Address - Street Name: Founders
  • Address - Suffix Type: Way
  • State: PA
  • City Name: Downingtown
  • Carrier Code: R005
  • 4-Digit Zip Code: 4520
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,931
  • Tax Rate Code Area: 32

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 860,871
  • High Value: 988,826
  • Low Value: 732,917

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $678,400
  • First Open Lien Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Dec 22, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: CITADEL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 26, 2022
  • Second Open Lien Mortgage Loan Amount: $168,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 25, 2047

    Market Valuation

  • Market Total Value: $321,690
  • Market Land Value: $79,280
  • Market Improvement Value: $242,410

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $320,140
  • Assessed Land Value: $79,280
  • Assessed Improvements Value: $240,860

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Transaction ID: 11809426803
  • Current Sale Price: $642,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11791113
  • Previous Sale Recording Date: Jul 23, 1997
  • Previous Sale Contract Date: Jul 17, 1997
  • Previous Sale Amount: $346,007
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Mortgage Transaction Date: Dec 22, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WESTMINSTER MTG CORP
  • Previous Mortgage Transaction Date: Jul 23, 1997
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Aug 01, 2012

About Chester



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Unit for rent at 138 Moore Rd, DOWNINGTOWN, PA, 19335

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Frequently Asked Questions

What neighborhood is 29 Founders Way located in?
The 29 Founders Way is a located in the neighborhood of Upper Uwchlan in Chester, Downingtown.
What is the average sales price for listings in 29 Founders Way?
The average sales price for units in 29 Founders Way is $0 currently.

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