507 School HouseKennett Square, PA 19348

  • Office properties
  • 15,772 SF
Off market
$20,799,130 Estimated

Property Details for 507 School House

Year built
1990
Lot size
2.08 AC
Property size (Sq ft)
15,772 SF
Zone code
RB
Property type
Office properties
Property subtype
Other office properties
APN
6106 03000000
APU
610603000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,852,667
    6.5%
    $5,402,462
    7%
    $5,016,572
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,906,331
    Geo Method
    $2,060,770
  • Alternative Use

    Use
    Valuation
    Residential
    $6,699,052
    Hospitality
    $6,136,296
    Educational
    $5,105,326
    Medical
    $5,280,906
    Retail
    $7,941,619
507 School House, Kennett Square, Pennsylvania

Location Insight

City
Kennett Square
County
Chester
State
Pennsylvania
Latitude
39.859
Longitude
-75.6942
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,006
$101,520
$456,150
$557,670
-
$101,520
$479,670
$581,190

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