See Home Value
Chester 19380
987 N NEW STREET
$1,264,490*
House - Off Market

987 N NEW STREET

WEST CHESTER, PA 19380
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
6380 Sqft
$1,125,000 - $1,375,000
Reference Base Price*
1.16%
Since Jul 1, 2022
National-US
Primary Model
Sold Aug 08, 2022
$1,300,000
$400,000 by Nations Direct Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Oct 16, 2006
$885,000
$708,000 by Financial Mortgage Corp
Mortgage Due Nov 01, 2036

About This Property

Welcome to 987 N. New Street, where luxury and privacy meet prime accessibility to the charming borough of West Chester.This custom-built home by James Watson sits on a generous 2 + acre lot. The size of the lot is 88,470 square feet or slightly over 2 acres. Exterior features include a circular driveway at the front of the home, two separate decks and two EP Henry patios in the rear. Step inside the front door to the large two-story foyer with the formal dining room to your left. On your right, you'll find the living room and sunroom, adjoined with an elegant double-sided fireplace. The sunroom opens up to a private deck overlooking the patio for a view of the serene natural backdrop.  Move through the living room French doors and enter the generously sized study, perfect for a home library or office space. Exit the study through another set of French doors and you'll be greeted by the family room on your right. This space features a cozy stone fireplace, perfectly complementing the wooded natural backdrop of the property. Continue past the family room to enter the large kitchen and breakfast room, featuring access to the spacious primary deck. This home has extensive refinished oak hardwood flooring on the first and second floors. There are two separate HVAC units, a central vacuum, and a security system.Walk up to the second floor using either the front main staircase or the convenient rear staircase just off the kitchen. The second-floor impresses with five bedrooms. At the top of the front staircase, you will find a large primary suite, featuring a sitting room, his-and-her walk-in closets, and an updated primary bath. At the opposite end of the hall, you will be surprised to find a spacious 2nd primary suite, equipped with its own full bathroom, walk-in closet, and large storage space. Between the two suites are three additional bedroom spaces and another full bathroom. Across from the master suite, open the door and walk up the stairs to access the third floor. You will be thrilled to find a large open floored space with rough ins for a bath and three dormer windows.The walkout basement is a large finished space, equipped with a bar and eating area, a full bath, a separate room with sliding glass doors for a large home office, and plenty of storage space.This house is located in the West Chester Area School District and is within close driving distance to Wilmington, King of Prussia, Philadelphia and all major routes. Enjoy the abundant shopping, restaurants, parks and trails. This house is ready for you to call it home. .

The manager has listed the unit size as 6380 square feet.
Unit Size
6,380Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$1,176
HOA Dues
-
Year Built
2001

Price History

Date / Event Date Event Price
Aug 8, 2022 Sold to Edmund P Taylor, Katie Taylor $1,300,000
Sold to Edmund P Taylor, Katie Taylor
Jun 28, 2022 No longer available -
No longer available
May 28, 2022 In contract -
In contract
May 12, 2022 Listed $1,250,000
Listed
Dec 22, 2021 Relisted $1,250,000
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 726
  • Garage Type: Attached
  • Garage Square Area: 726
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 88,470
  • Total Building Area: 5,454
  • Gross Building Area: 5,454
  • Building Area: 4,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JOHN M HICKMAN & EILEEN M HICK
  • Land Acres: 2.031
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 AC & DWG LOT 2

Ownership

  • Current Owner : TAYLOR EDMUND P
  • Current Owner 2: TAYLOR KATIE
  • Previous Owner : FRAME JR WILLIAM R
  • Owner Before Previous Owner: SANTORA LOUIS F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Chester Area School District
  • School Tax School District: WEST CHESTER
  • Census Tract: 302703

Zoning

  • Zoning: R2

Geography

  • District: 52
  • Parcel: 5204C01420000
  • Lot: 2
  • Municipality: W. GOSHEN
  • Latitude: 39.9766
  • Longitude: -75.6224

    Address

  • Full Address: 987 N New St
  • Address - House Number: 987
  • Street Direction: N
  • Address - Street Name: New
  • Address - Suffix Type: St
  • State: PA
  • City Name: West Chester
  • Carrier Code: C037
  • 4-Digit Zip Code: 3800
  • Zip Code: 19380

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,300
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.0765
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 1,273,650
  • High Value: 1,371,168
  • Low Value: 1,176,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 08, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $493,310
  • Market Land Value: $56,360
  • Market Improvement Value: $436,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $493,310
  • Assessed Land Value: $56,360
  • Assessed Improvements Value: $436,950

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Transaction ID: 11895776596
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11939187
  • Previous Sale Recording Date: Oct 16, 2006
  • Previous Sale Contract Date: Oct 13, 2006
  • Previous Sale Amount: $885,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 08, 2022
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 16, 2006
  • Previous Mortgage Loan Amount: $708,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,590 ft²
$200/ft²
$920,000 Jul 12, 2019
$920,000 Jul 16, 2020
-
House
5 Beds
4 Baths
3,459 ft²
$288/ft²
$995,000 Aug 24, 2023
$995,000 Nov 9, 2023
-
House
6 Beds
4 Baths
5,071 ft²
$195/ft²
$989,000 Sep 30, 2015
$989,000 Feb 29, 2016
-
House
7 Beds
4 Baths
5,500 ft²
$211/ft²
$1,162,500 Jul 27, 2022
$1,162,500 May 4, 2023
-
In Contract
House
4 Beds
6 Baths
4,290 ft²
$292/ft²
$1,251,295 Oct 31, 2023
-
$109/mo
In Contract
House
4 Beds
6 Baths
4,290 ft²
$300/ft²
$1,286,430 Nov 6, 2023
-
$109/mo
In Contract
House
4 Beds
6 Baths
4,290 ft²
$299/ft²
$1,281,445 Nov 6, 2023
-
$109/mo
In Contract
House
4 Beds
5 Baths
3,531 ft²
$315/ft²
$1,113,815 Oct 16, 2023
-
$109/mo

About Chester


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Frequently Asked Questions

When was property at 987 North New Street built and last sold?
The property at 987 North New Street was built in 2001 and last sold on Jul 15, 2022 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 987 North New Street is $1,262,500.
What are some comparable homes to 987 North New Street?
There are currently no comparable homes to 987 North New Street.

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