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507 Gramercy Ln

Downingtown, PA 19335

3 bd 4 ba 3,442 sqft Built 2001 Lot 1,306 sqft townhomes
Most recent sale
$652,500
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $652,500 MLS #PACT2020554
Mar 24, 2022 Listed $575,000 MLS #PACT2020554
Mar 16, 2006 Sold $449,000 Public Record
Sep 29, 2003 Sold $395,000 MLS #4211436
Apr 30, 2003 Listed $395,000 MLS #4211436

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $225,150 $41,090 $266,240 $10,143
2024 $225,150 $41,090 $266,240 $9,113
2023 $219,760 $41,090 $260,850 $8,667
2022 $219,760 $41,090 $260,850 $8,451
2021 $219,760 $41,090 $260,850 $8,308
2020 $219,760 $41,090 $260,850 $8,261
2019 $219,760 $41,090 $260,850 $8,261
2018 $219,760 $41,090 $260,850 $8,261
2017 $219,760 $41,090 $260,850 $8,261
2016 $219,760 $41,090 $260,850 $8,207
2015 $219,760 $41,090 $260,850 $8,207
2014 $219,760 $41,090 $260,850 $8,207
2013 $219,760 $41,090 $260,850 $8,207
2012 $219,760 $41,090 $260,850 $8,155
2011 $219,760 $41,090 $260,850 $8,037
2010 $219,760 $41,090 $260,850 $7,903
2009 $219,760 $41,090 $260,850 $7,668
2008 $219,760 $41,090 $260,850 $7,505

Property facts

Year built
2001
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
3,442 sqft
Lot size
1,306 sqft
ZIP code
19335
City
Downingtown
Street
Gramercy Ln
Coordinates
40.05989, -75.68464

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,163
Gross rental yield
9.50%
Implied cap rate
6.17%
Trend-extrapolated value

Frequently asked questions

When did 507 Gramercy Ln last sell?
507 Gramercy Ln most recently sold on Apr 29, 2022 for $652,500.
What is the current tax assessment for 507 Gramercy Ln?
The most recent total assessment for 507 Gramercy Ln (year 2026) is $266,240 with $10,143 in property tax.
How does 507 Gramercy Ln's assessment compare to its last sale price?
The current assessment is 59.2% below the last sale price of $652,500.
When was 507 Gramercy Ln built?
507 Gramercy Ln was built in 2001.
How does 507 Gramercy Ln compare to others on Gramercy Ln?
We track 8 other properties on Gramercy Ln. Browse the list under "Other properties on Gramercy Ln" to compare beds, baths, and sale history.
What are the property facts for 507 Gramercy Ln?
507 Gramercy Ln is a 3 bed, 4 bath, 3,442 sqft, 1,306 sqft lot townhomes.
Is 507 Gramercy Ln a flip candidate?
No — 507 Gramercy Ln does not appear in our flips dataset.
Is 507 Gramercy Ln a tax-appeal candidate?
No — 507 Gramercy 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
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$427.2K
2026 Q4
$416.1K
ZIP 19335 — Median Price History + Forecast

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