NOT LISTED FOR SALE

516 King of Prussia Rd Wayne, PA 19087

Saint Davids Neighborhood

Estimated Value: $1,113,000 - $1,369,000

5 Beds
2.5 Baths
3,160 Sq Ft
$391/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $950,000 $301 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,864/month

63 Days on Market

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • Farmhouse Style Home
  • Radnor El School Rated A+
  • 2.6 Acre Lot
  • 3 Fireplaces

About This Home

As of September 2021

Love older homes? Organic gardening? Have you been searching for a unique opportunity to create a family homestead? Then look no further! ‘Stonehaven Commons’, located on 2.6 lush acres in Radnor Township, offers two separate single family homes & will make all of your dreams come true! “Hillside (Gaybrook), the main house (516), is a wonderful living example of an 18th century early Pennsylvania stone farmhouse. It retains many of its original architectural details including random width hardwood flooring, deep window sills, interior doorways, enclosed staircases and much more! The oldest section (circa 1750) is located in the center section of the house (dining & center room), the living room was added “probably pre-1830” and the kitchen wing addition in 1929 by architect J. Brognard Okie, renovated in 2017. Currently, there are 5 bedrooms & 2.5 baths although you can modify the interior and/or exterior to suit your own personal wants & needs. The original stone and frame barn was converted into a delightful 2nd residence featuring 4 bedrooms with 2.5 baths. This charming stone cottage,has been recently updated throughout. Both homes are nestled in what can only be described as a four season, perennial garden paradise! Daffodils, tulips, hyacinths, allium, a century old pruned wisteria vine, heirloom lilies, phlox, sedum, echinacea plus much more – which you can refine and design to make your own. There is a water garden and (3) flowing ponds with water lilies and perennial plantings. Several stone patios including an area with a fire pit provide wonderful outdoor space to relax and enjoy nature’s beauty with friends and family. Raised bed gardens are waiting for you to plant your favorite heirloom tomatoes, squash, peppers – whatever you love to eat! Add a few chickens and a coop for fresh eggs. Unleash your creativity: Live in one house and have mom & dad, kids or extended family live in the other; use one property for rental income. The current owners had success living in one of the houses and renting the other as an Airbnb where visitors could rent ‘Colonial and/or Garden suites' or the entire house. They also had success renting the kitchen and all lower rooms and patios for weddings & other events. In addition to all of the above, the property is located minutes from stores, restaurants, Penn Medicine Radnor, colleges, train station & access to major routes. The possibilities of Stonehaven are endless for a buyer with the vision and passion to create the life of their dreams.

Last Listed By

AMY SULLIVAN

Long & Foster Real Estate, Inc. Listed on: 04/21/2021

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,843

Year Built

  • Built in 1752

Lot Details

  • 2.6 Acre Lot
  • Lot Dimensions are 121.24 x 79.14

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Farmhouse Style Home
  • Stucco

Interior Spaces

  • 3,160 Sq Ft Home
  • Property has 3 Levels
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House
  • Second Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Homes

  • Additional Residence on Property

Schools

  • Radnor Elementary School
  • Radnor M Middle School
  • Radnor H High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 069-000
  • Assessor Parcel Number 36-02-01190-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,843

Year Built

Built in 1752

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-04-21
  • Federal Flood Zone: No
  • Year Built: 1752
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3160
  • Living Area Sq Ft: 3160
  • Price Per Sq Ft: 316.14
  • Above Grade Finished Sq Ft: 3160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RADNOR TOWNSHIP
  • Elementary School: RADNOR
  • Middle School: RADNOR M
  • High School: RADNOR H
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397358
  • School District Source: Listing Agent
  • Elementary School: RADNOR
  • High School: RADNOR H
  • Middle Or Junior School: RADNOR M

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 2.60
  • Lot Dimensions: 121.24 x 79.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 113256.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 8773.00
  • Tax Annual Amount: 11843.00
  • Assessor Parcel Number: 36-02-01190-00
  • Tax Lot: 069-000
  • Tax Total Finished Sq Ft: 3160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/10/2021

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 12, 2021
Sold by
Kortsch Carol and Kortsch Uli
Bought by
Vasbinder Mary Ann
Seller's Agent
AMY SULLIVAN
Long & Foster Real Estate, Inc.
Buyer's Agent
Donna Ragusa
Coldwell Banker Realty
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Total Days on Market
63
Current Estimated Value
$1,235,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,879
Avg. Annual Appreciation
7.46%
Original Mortgage
$855,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2016
Sold by
Kortsch Uli and Kortsch Carol
Bought by
Colonial Savings Fa

Purchase Details

Closed on
Mar 24, 2004
Sold by
Eastern College
Bought by
Kortsch Uli and Kortsch Carol

Purchase Details

Closed on
Sep 14, 2001
Sold by
Eastern College
Bought by
Kortsch Uli and Kortsch Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vasbinder Mary Ann $950,000 Keystone Title Services
Colonial Savings Fa -- None Available
Kortsch Uli $625,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasbinder Mary Ann $855,000
Previous Owner Chf St Davids Llc $4,050,979
Previous Owner Kortsch Uli $597,000
Previous Owner Kortsch Uli $500,000
Closed Kortsch Uli $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $950,000 -4.9% $301 / Sq Ft
08/25/2021 08/25/21 Price Changed $999,000 0.0% $316 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $999,000 -- $316 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,748 $581,060 $298,250 $282,810
2023 $11,282 $581,060 $298,250 $282,810
2022 $11,159 $581,060 $298,250 $282,810
2021 $17,925 $581,060 $298,250 $282,810
2020 $12,248 $352,070 $176,700 $175,370
2019 $11,902 $352,070 $176,700 $175,370
2018 $11,669 $352,070 $0 $0
2017 $11,424 $352,070 $0 $0
2016 $1,972 $352,070 $0 $0
2015 $1,932 $352,070 $0 $0
2014 $1,972 $352,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PADE543988

Bright MLS

APN: 36-02-01190-00