541 Lancaster Ave Downingtown, PA 19335-2803
Property profile & analytics
541 Lancaster Ave, Downingtown, PA 19335-2803
- Turn key restaurants
- 10,788 SF
- 0.48 lot acres
Property ID
US73-1424881
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Social Downingtown / Restaurant
- ATM / Atm
- SOC / Bar & Pub
Property Details for 541 Lancaster Ave
- Year built
- 1900
- Lot size
- 0.48 lot acres
- Zone code
- R2
- Property type
- Turn key restaurants
- APN
- 1110 00540000
- APU
- 111000540000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 21, 2020 | $760,000 | Downtown Funk LLC | Charles A Hackett | Deed | $424k · Univest Bank & Trust Co |
| Jan 21, 2020 | — | South Estn Economic Dev Co Of Pa | — | Deed · related | $424k · Univest Bk & Tr Co |
| Mar 20, 2018 | — | Charles Hackett | — | Deed · related | $75k · Dnb First NA |
| May 6, 2014 | $190,485 | Charles A Hackett | Morris William W IV Trust | Grant Deed | $175k · Dnb First NA |
| Jan 19, 2010 | — | Morris Elizabeth A Tr | Morris William W IV | Quit Claim Deed · related | — |
| Sep 9, 2009 | — | William W Morris IV | Morris & Hackett | Quit Claim Deed | — |
| Mar 3, 2005 | $400,000 | Morris | Spoto Ents | Grant Deed | $532k · Dnb First NA |
| Oct 14, 1998 | $229,500 | Spoto Enterprises | Chester County Industrial Deve | Grant Deed | — |
| — | — | Morris | — | Deed Of Trust · related | $311k · Dnb First NA |
| — | — | Morris | — | Deed Of Trust · related | $175k · Dnb First NA |
| — | — | Charles Hackett | — | Deed Of Trust · related | $75k · Dnb First NA |
| — | — | South Estn Economic Dev Co Of Pa | — | Deed Of Trust · related | $424k · Univest Bk & Tr Co |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,195,000
- ML approach
- $1,180,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $831,000
- AI Estimate
- $587,000
Market price range: $832k - $1.90MMarket price range: $588k - $1.51M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,275,000 Current use
- WAREHOUSE, STORAGE
- $1,440,000 Change: +13% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,370,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Downingtown
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.7183
- Latitude
- 40.0004
- 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
$9,584
$68,110
$161,390
$229,500
-
$68,110
$164,280
$232,390
