Views - Golf Course
Listed By:
Springer Realty Group
Address
638 Chesterville Road, Lincoln University, PA
Price
$ 1,099,000
Property Attributes
  • MLS#PACT2051920
  • TypeContingent
  • CountyCHESTER
  • CityLincoln University
  • AreaFranklin Twp
  • Zip19352
  • StyleConverted Dwelling,Colonial,Farmhouse/National Fol
  • Year Built1914
  • Taxes$ 9804
  • Price$ 1,099,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.9 Acres
Data Source:
Bright MLS
Property Description

This Gentlemans Farm is a wonderful balance between country casual and serenity. The Traditional style home welcomes you with a spectacular vestibule and links this Circa 1914 home with 21st century conveniences. A place where you can have your own horses! Your own little piece of paradise! Look no further than 638 Chesterville Rd. From the moment you crest the hill driving up to the property you can put all your cares aside! There are many features for todays lifestyle including a newly finished gourmet kitchen with granite countertops and stainless steel appliances, the new cabinetry was professionally integrated with the original oak cabinetry, great sized rooms with plenty of natural sunlight and main bedroom suite with a huge walk-in closet and it is pre plumbed for a master bath, yet this home has kept the charm offering gorgeous hardwood floors, original chestnut trimmed oversized windows and a covered corner fireplace along with other ageless architectural details. An expansive wrap around porch overlooks a well-stocked pond and leads your eyes over the nature preserved lands next door. There is an original bank barn with tack room, hayloft and drive in ramp with a massive silo next to it. The large barn could potentially be used for many things including carriages or a car collection. The property is complete with two 2-bedroom and two 1-bedroom apartments. The rental income is staggering and the income can assist with the many projects you might want to do on the farm. Current rental Income is $63,000 and should be higher. Landlord hasn't raised rents in years. Ive been told that you can ride horseback all the way to Fairhill Fairgrounds from this property. The idyllic country setting is balanced with being minutes from shopping, schools, golf courses and an array of international equestrian events. If one still needs to travel, the proximity to major arteries allows it to be minutes to Wilmington Amtrak and under 45 minutes to Philadelphia airport. The almost 8 acres are within an area of similarly properties in the Cheshire Hunt country and an area celebrated for its extraordinary preservation accomplishments. Enjoy the country lifestyle at your own homestead! All the glorious sunsets only add to the charm of this wonderful property! NOTE: This property can be easily changed to a 4 unit to make it easier to get conforming financing.

High School
Avon Grove High School
Price History
9/1/2023 Listed $1,169,000
1/8/2024 6% - $1,099,000

General Features

Sewer Private Septic Tank,Gravity Sept Fld,On Site Septic
Heating Heat Pump - Electric BackUp,Summer/Winter Changeover
Cooling Central A/C
Utilities Cable TV Available
Possession Negotiable
Roof Slate,Asphalt
Exterior Features Exterior Lighting,Outbuilding(s)
Zoning LDR
Garage Spaces 4.00
Pool Y/N No Pool
Patio/Porch Features Wrap Around
Architectural Style Converted Dwelling,Colonial,Farmhouse/National Folk,Federal,Traditional
Construction Materials Wood Siding,Brick
Exclusions Tenants Personal Property
Year Built 1914
Electric 200+ Amp Service
View Pond,Scenic Vista,Trees/Woods
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 63000.00
OwnerPays Insurance,Lawn/Shrub Care,Sewer,Sewer Maintenance,Snow Removal,Taxes - Real Estate,Water
Accessibility None
County CHESTER
New Construction No
Property Type Multi-Family
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade
Total Rooms 10
Status ACTIVE UNDER CONTRACT
Directions RT 896 South to Cheesterville Rd (RT 841)
ModificationTimestamp 2024-03-23T18:45:40
City LINCOLN UNIVERSITY
Buyer Agent Compensation 2.5
Total Units 4
MLS Area Franklin Twp (10372)
Lot Size Square Feet 344124.00
Tax Assessed Value 290090.0
Waterfront Y/N No
Number of Units Leased 4
Street Name CHESTERVILLE
Tax Annual Amount 9804.0
Home Warranty Y/N No
Property Condition Very Good
Two Bedroom 2
Structure Type Detached
One Bedroom Units Count 2
Other Units Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Price Per Sq Ft 333.03
Acceptable Financing Cash,Conventional
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 3300
Days on Market 195
Location Type Pond
Lease Type Month to Month,Yearly
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 0029.0100
Total Actual Rent 63000.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Oil,Natural Gas,Electric
Basement Full,Unfinished,Outside Entrance
Flooring Wood,Fully Carpeted,Vinyl
Total Fireplaces 1
Hot Water Natural Gas,Electric
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix ROAD
Central Air Y/N Yes
LivingAreaSource Estimated

Exterior Features

Parking Features Private
Lot Features Adjoins - Public Land,Cleared,Fishing Available,Partly Wooded,Pond,Rural
Water Source Well-Shared
Total Parking Spaces 16
Garage Features Oversized
Type of Parking Driveway,Detached Garage,Other
Land Use Code R40
Foundation Details Permanent
Water View Y/N Yes
Lot Size Acres 7.90
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 69690.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 19352

Price
AVG $790K
$1.1M
Taxes
AVG $9,312
$9,804
Visits
AVG 362
418
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1914

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