1 month on rocket

125 W State St, Kennett Square, PA, 19348

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,922 SqFt
$280/SqFt
Multi

Location

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125 W State St, Kennett Square$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAsphalt Driveway, Private, Parking Lot
Year Built1910
HeatingBaseboard, Forced Air
CoolingWindow Unit(s)
MLS #PACT2075484
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 125 W State St

This property is a fully occupied quadplex with development opportunity located in the thriving retail district of downtown Kennett Square. With no setback requirements the property can be fully developed. This property presents a unique opportunity for a variety of uses, including retail, offices, restaurants, and special exceptions like hotels or planned developments. While situated in the historic district, which requires architectural review, neighboring properties demonstrate the potential for substantial expansion. The property’s proximity to a public parking garage eliminates the need for on-site parking, making it even more attractive to development. It is currently configured as 4 apartments 1 bed/1 bath; 2 bed/2 bath; 3 bed / 1 bath; 4 bed / 2 bath.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Living Area: 3,922 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach - Hockessin
  • Office Phone: (302) 999-9999
  • Listing Agent: Chris J Black

Interior Features

Interior Information:

  • Flooring Type: Wood, Partially Carpeted

Exterior Features

Parking Information:

  • Parking: Asphalt Driveway, Private, Parking Lot

Lot Features

Lot Information:

  • Lot: Private, Back Yard
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Union & State Rd, continue on State Rd for 300'. Building is on your right. Street parking for showings. Rear parking lot has designated tenant parking.

Municipality:

  • Kennett Square Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $280/SqFt

Tax Information:

  • Annual Amount: $5,378
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Kennett Square, PA.

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Kennett Square, PA

City

Med. Sold Price

$600K

Med. Price/SqFt

$243

Avg. Days On Market

13

# of Sold Homes

14

125 W State St vs Kennett Square

49 DAYS ON ROCKET

+36 Days

$1,100,000

+$500K More

$280/SqFt

+$37 More

KEY TAKEAWAY

This property is $500K more than the Median Sold Price and $37/SqFt more than other homes in Kennett Square, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PACT2075484

Listing Office:

  • Office Name: BHHS Fox & Roach - Hockessin
  • Office Phone: (302) 999-9999
  • Listing Agent: Chris J Black

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2013Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,378$130,630
2020$5,495$130,630
2019$5,429$130,630
2018$5,303$130,630
2017$5,220$130,630

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4237357
4
/10

  • Bancroft Elementary School

  • 181 Bancroft Rd

  • 2.10 miles

  • Public District Grades 1-5

school-card-donut-4237358
5
/10

  • Greenwood Elementary School

  • 420 Greenwood Rd

  • 2.73 miles

  • Public District Grades 1-5

school-card-donut-4237359
4
/10

  • New Garden Elementary School

  • 265 New Garden Rd

  • 3.07 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,099. Residents of Kennett Square, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Chester County›Kennett Square›19348›125 W State St

This home is located at 125 W State St in Kennett Square, PA and zip code 19348. This 3,922 square foot home, which was built in 1910, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $1,100,000.

While more than 7 listings in Kennett Square, PA in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 4 were sold below. In November 2024 in Kennett Square, PA there were 12.7% less homes for sale than in October 2024. In November 2024 median list price was $600,000 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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