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Sold for $990,000
  • $990,000

    108 Gatehouse Dr, Kennett Square, PA 19348

    7beds
    7,132sqft
    SingleFamily
    Built in 1858
    3.7 Acres Lot
    $1,371,900 Zestimate®
    $139/sqft
    $4,556 Estimated rent

    Home value

    $1,371,900

    $1.08M - $1.73M

    $4,556/mo

    Zestimate® history
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    What's special

    Constructed between 1859 and 1860 by Bayard Taylor for the princely sum of $15,000, Cedarcroft may be the most famous home in the tri-state area. A famous world traveler, Bayard Taylor was well known for both his travel books, literary works, and poetry. Legendary guests to Cedarcroft included Ralph Waldo Emerson, John Greenleaf Whittier, James Russell Lowell, and Horace Greeley. The construction of the home was said to have been overseen by Taylor himself who described the large brick Italianate home as 'large and stately, simple in its forms, without much ornament ' expressive of strength and ornament.' An adjoining brick carriage house needs total restoration. The first floor features 13' ceilings, an Entry Hall with a grand staircase to the upper level, a spacious Living Room and Library, both with handsome fireplaces plus a large Dining Room, also with a gorgeous fireplace. The Kitchen is reached from both the Entry Hall and the Dining Room and will require a total refurbishment. Off the Kitchen is a Mud Room with a laundry hookup and access to an attached two car garage. Upstairs is a Master Suite with a fireplace, private bath, and large closet/dressing area. There is another large bedroom with a fireplace and five additional bedrooms, some of which could easily have walls removed to make larger spaces. This level has a total of four bathrooms which are all in need of total refurbishment. The Tower is accessed from this level. The third floor has a full bathroom and additional bedrooms/storage rooms plus the air handling equipment for the home's central air conditioning. The basement is accessed from the Garage and houses the home's oil heater, hot water heater, and electrical panels. There is also a root cellar that awaits restoration into a wonderful wine cellar! Consisting of two parcels set on 3.7 acres in the Unionville-Chadds Ford School District, this historic home is truly a one of a kind - full of potential awaiting restoration to its former glory. Rarely does such a high-profile home come on the market. Because restoration is needed and this is a sale by an estate, we are offering the property in As-Is' condition. Please see agent for details about taxes, etc. Property address AKA Gatehouse Drive. 2023-07-31

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Other, Oil
    Cooling
    • Central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,132 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3.7 Acres
    Details
    • Parcel number: 610501390000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1858

    Community & HOA

    Location
    • Region: Kennett Square

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $275,270
    • Annual tax amount: $2,766

    Price history

    DateEventPrice
    8/16/2023Sold$990,000$139/sqft
    Source: Public Record Report a problem
    7/11/2023Pending sale$990,000$139/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    7/11/2023Listing removed--
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem
    6/20/2023Pending sale$990,000$139/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    5/9/2023Price change$990,000-5.3%$139/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    4/21/2023Price change$1,045,000-4.9%$147/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    3/15/2023Price change$1,099,000-8.3%$154/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    11/19/2022Price change$1,199,000-13.1%$168/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    8/23/2022Price change$1,380,000+0.4%$193/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem
    8/19/2022Listed for sale$1,375,000$193/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PACT2030664 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,766 -69.2%$275,270
    2024$8,977 -64.6%$275,270 -58.1%
    2023$25,391 +3.3%$656,370
    2022$24,590 +17.5%$656,370
    2021$20,919 +195.9%$656,370
    2020$7,068 -70.9%$656,370
    2019$24,286 +5.8%$656,370
    2018$22,948 +9900%$656,370
    2017$229 -91.2%$656,370
    2016$2,603 $656,370
    2015$2,603 $656,370
    2014$2,603 $656,370
    2013-- $656,370
    2012-- $656,370
    2011-- $656,370
    2010-- $656,370
    2009-- $656,370
    2008-- $656,370
    2007-- $656,370
    2006-- $656,370
    2005-- $656,370
    2004-- $656,370
    2003-- $656,370
    2000-- $656,370
    Find assessor info on the county website

    Neighborhood: 19348

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,371,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,371,900