$1,144,000 - $1,214,000
RENTED OCT 30, 2024

838 Richards Rd Wayne, PA 19087

4 Beds
3 Baths
3,839 Sq Ft
$308 Price per Sq Ft

Last Sold October 25, 2012

Last sale price $620,000 $162 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,620/month

About This Home

As of October 2012

Welcome to 838 Richards Road in Wayne PA an outstanding rental of a single family home in the award-winning Tredyffrin/Easttown School District just in time to register for the school year!! Large 4 bedroom 2 1/2 bathroom single family home with beautiful yard with pool. Hardwoods throughout the first and second levels. Enter home after parking in the horseshoe-shaped driveway and large living room to the right, flows in the large dining room and with screened in porch off it. Large kitchen with new gas cooktop, dishwasher, refrigerator, countertops and subway tile backsplash, is open to a breakfast and a large sunroom. A large family room is next to the breakfast room with views to the spectacular rear yard. To the left of the front door is an office area with second door out to access the first floor powder room. Garage access is from the inside of the home. Upstairs find 3 bedooms of very ample size, a hall bathroom, and a large owners suite repleat with two large walk-in closets and another sitting room or office space. The lower level is the entire footprint of the house available and is unfinished. Rear yard is flat and absolutely stunning. Pool recently relined and all new pool equipment. Landlord will pay for: pool maintenance, weekly pool service in-season, grass cutting and landscaping (weeding and Spring/Fall cleanups/ mulching), HVAC maintenance. Home is located in close proximity to the Valley Forge National Park, the Chester Valley Trail, and shopping and dining of the Gateway Shopping Center, The King of Prussia Town Center and the King of Prussia Shopping Mall.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Oct 25, 2012
Sold by
Rissell Theresa A
Bought by
Raia Satheesh and Raja Brinda
Seller's Agent
Kathleen Wilkin
RE/MAX Preferred - Newtown Square
Buyer's Agent
John Fleming
Weichert, Realtors - Cornerstone
List Price
$648,000
Sold Price
$620,000
Premium/Discount to List
-$28,000
-4.32%
Current Estimated Value
$1,180,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,524
Avg. Annual Appreciation
5.29%
Original Mortgage
$140,900
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2001
Sold by
Rissell Theresa A
Bought by
Rissell Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.88%

Purchase Details

Closed on
May 2, 1996
Sold by
Capetola Anna and Capetola Anna T
Bought by
Munch Craig R and Rissell Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7%

Range of Values:

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Average Value
Not Available
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
Raia Satheesh $620,000 None Available
Rissell Theresa A -- --
Munch Craig R $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raja Satheesh $510,264
Closed Raja Satheesh $180,000
Closed Raia Satheesh $140,900
Previous Owner Raia Satheesh $417,000
Previous Owner Rissell Theresa A $100,694
Previous Owner Rissell Theresa A $100,000
Previous Owner Rissell Theresa A $248,000
Previous Owner Munch Craig R $310,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Rented $5,000 0.0% --
09/29/2024 09/29/24 Under Contract -- -- --
09/06/2024 09/06/24 Price Changed $5,000 -9.1% $1 / Sq Ft
08/04/2024 08/04/24 For Rent $5,500 0.0% --
10/25/2012 10/25/12 Sold $620,000 -4.3% $179 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $648,000 -- $188 / Sq Ft

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 $12,531 $355,760 $71,940 $283,820
2023 $11,771 $355,760 $71,940 $283,820
2022 $11,467 $355,760 $71,940 $283,820
2021 $11,249 $355,760 $71,940 $283,820
2020 $10,939 $355,760 $71,940 $283,820
2019 $10,593 $355,760 $71,940 $283,820
2018 $10,384 $355,760 $71,940 $283,820
2017 $10,136 $355,760 $71,940 $283,820
2016 -- $355,760 $71,940 $283,820
2015 -- $355,760 $71,940 $283,820
2014 -- $340,660 $71,930 $268,730
Source: Public Records

Agents Affiliated with this Home

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