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For Sale

Listing description

LOW TAXES! Welcome to 185 Old Lionville Road in DOWNINGTOWN SCHOOL DISTRICT! This well-maintained home sits on a large corner lot and features 3 bedrooms, 2.5 bathrooms, and plenty of great features both inside and out. Enjoy the beautiful front porch, perfect for relaxing, and a private backyard where you can unwind and enjoy some outdoor space. The property also features a large storage shed, perfect for storing lawn equipment, tools, and all the extras. The oversized driveway provides parking for up to 4 vehicles, a huge bonus for homeowners and guests alike. With lots of recent updates, a great corner lot, and LOW TAXES, this home has a lot to offer! Schedule your showing, MAKE AN OFFER, and make it yours!

Rooms by level

How the bedrooms and baths are distributed across the floors, as reported by the listing agent.

  1. Main level1 half bath
  2. Upper level3 bedrooms · 2 full baths

Facts & features

Interior

Bedrooms
3
Bathrooms
2 full · 1 half
Living area
2,000 sq ft
Heating
Forced Air, Heat Pump - Oil BackUp
Cooling
Central A/C, Ductless/Mini-Split

Property & construction

Property type
Residential · Detached
Architectural style
Colonial
Year built
1987

Lot & parking

Lot size
0.35 acres (15,263 sq ft)

Financial

Price / sq ft
$250
HOA dues
None

Listing details

MLS #
PACT2137934
County
Chester County
School district
Downingtown Area
Days on NookLocal
8 days

Interior features

Fireplace
1
Basement
Walkout Stairs, Unfinished
Laundry
Basement
Levels
2
Accessibility
None

Exterior & construction

Construction
Vinyl Siding
Foundation
Concrete Perimeter
Patio & porch
Porch(es), Patio(s)
Fencing
Rear

Systems & utilities

Heating fuel
Electric, Oil
Cooling fuel
Electric
Hot water
Electric
Water source
Public
Sewer
Public Sewer

Parking

Parking
Driveway
Parking features
Asphalt Driveway
Total spaces
4
Driveway spaces
4

Community

Subdivision
LAKEVIEW

Lot & zoning

Zoning
RES

Included in the sale

Possession
Negotiable, 0-30 Days CD, 31-60 Days CD

Price history

DateEventPrice
Oct 15, 2026Listed for sale$499,900

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$506,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Chester County assessment ratio, weighted toward the current asking price.

Current list price
$499,900
County assessment implies
$358,927
Est. property taxes at today's rates
$4,069/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
402 FARMHOUSE RD, DOWNINGTOWN, PA 19335October 2026$535,0003/12,088$567,422
234 WHITELAND AVE, DOWNINGTOWN, PA 19335March 2026$460,0003/21,854$514,574
205 ARMSTEAD CT, DOWNINGTOWN, PA 19335September 2026$480,0003/21,958$497,943
209 N LAKE DR, DOWNINGTOWN, PA 19335September 2026$418,5003/11,825$490,965
306 N LAKE DR, DOWNINGTOWN, PA 19335August 2025$520,0004/21,988$547,938
106 HILLTOP DR, DOWNINGTOWN, PA 19335September 2026$615,0003/21,990$558,535

Estimated taxes

Estimated at current rates

$5,018 / year

≈ $418 per month

MLS shows (2026)

$5,141

-2.4% at current rates

School tax

DOWNINGTOWN AREA · 31.91 mills (2025-26)

$3,502

County tax

Chester County · 5.16 mills (2026)

$567

Municipal tax

As recorded for 2026, varies by municipality

$949

Assessment note: this home is assessed at $109,760, well below the ~$152,869 its asking price implies at Chester County's common level ratio (30.6%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $1,598/year. Factor that into an offer.

Recomputed from the county assessment ($109,760, 1998 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Chester County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$99,980 (20%)
6.43%

Loan term

Estimated monthly payment

$3,073/mo

Principal & interest
$2,509
Property taxes (current rates)
$418
Home insurance (est.)
$146

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Downingtown Area

Academic index
78.2/100
Graduation rate
96.9%
PSSA ELA proficient
72.8%
PSSA Math proficient
67.8%

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Chester County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Chester County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: October 23, 2026 at 8:07 AM EDT

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