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503 Homestead Ln

Chadds Ford, PA 19317

2 bd 2 ba 1,248 sqft Built 1996 Lot 32,234 sqft townhomes
Most recent sale
$410,000
Apr 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Sold $410,000 BrightMLS
Feb 25, 2024 Listed $395,000 BrightMLS
Aug 31, 2000 Sold $154,000 Public Record
May 29, 1996 Sold $122,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $176,510 $78,510 $255,020 $9,567
2025 $176,510 $78,510 $255,020 $6,103
2024 $176,510 $78,510 $255,020 $5,806
2023 $176,510 $78,510 $255,020 $5,661
2022 $176,510 $78,510 $255,020 $5,598
2021 $176,510 $78,510 $255,020 $9,414
2020 $74,160 $42,540 $116,700 $4,611
2019 $74,160 $42,540 $116,700 $4,543
2018 $116,700 $4,473
2017 $116,700 $4,382
2016 $116,700 $4,300
2015 $116,700 $4,234
2014 $116,700 $4,171
2013 $116,700 $4,096
2012 $116,700 $4,079
2011 $116,700 $3,985
2009 $116,700 $3,782
2008 $116,700 $3,709

Property facts

Year built
1996
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,248 sqft
Lot size
32,234 sqft
ZIP code
19317
City
Chadds Ford
Street
Homestead Ln
Coordinates
39.84307, -75.53411

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,872
Gross rental yield
5.48%
Implied cap rate
3.56%
Trend-extrapolated value

Frequently asked questions

When did 503 Homestead Ln last sell?
503 Homestead Ln most recently sold on Apr 17, 2024 for $410,000.
What is the current tax assessment for 503 Homestead Ln?
The most recent total assessment for 503 Homestead Ln (year 2026) is $255,020 with $9,567 in property tax.
How does 503 Homestead Ln's assessment compare to its last sale price?
The current assessment is 37.8% below the last sale price of $410,000.
When was 503 Homestead Ln built?
503 Homestead Ln was built in 1996.
How does 503 Homestead Ln compare to others on Homestead Ln?
We track 8 other properties on Homestead Ln. Browse the list under "Other properties on Homestead Ln" to compare beds, baths, and sale history.
What are the property facts for 503 Homestead Ln?
503 Homestead Ln is a 2 bed, 2 bath, 1,248 sqft, 32,234 sqft lot townhomes.
Is 503 Homestead Ln a flip candidate?
No — 503 Homestead Ln does not appear in our flips dataset.
Is 503 Homestead Ln a tax-appeal candidate?
No — 503 Homestead Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.9%
Implied 1-yr
-19.8%
2026 Q2
$665.9K
2026 Q3
$617.4K
ZIP 19317 — Median Price History + Forecast

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