$270,000
361 Drummers Ln #361, Wayne, PA 19087
Listed by Real of Pennsylvania
Rarely offered two-bedroom condominium in Washington Mill Lofts, where historic industrial character meets modern convenience in the heart of downtown Phoenixville! Originally constructed in 1906 as the Davies Perseverance Knitting Mill, this distinctive building was thoughtfully converted into an intimate community of just 15 condominium residences in 2008, preserving much of its original architectural charm. Bright, airy, and filled with natural light, Unit #301 features soaring 11-foot ceilings, oversized factory-style windows, beautifully preserved original hardwood floors, and exposed ductwork that reflects the building's industrial heritage. The spacious, open-concept living and dining area creates an inviting setting for everyday living and entertaining. The adjoining kitchen offers generous cabinetry and counter space, a breakfast bar, dishwasher, and new induction range. The primary bedroom features three oversized windows with deep sills and a spacious closet. A second bedroom, currently used as a home office, offers flexibility for guests or a variety of other needs and features an oversized window, ample closet space, and a convenient secondary entrance to the residence. A full bathroom with tub/shower combination, updated fixtures, and a new LED mirror, along with a large hallway linen closet and a separate in-unit laundry area with washer and dryer, complete the interior. Recent improvements include fresh paint throughout most of the condominium, new window blinds, an Ecobee smart thermostat, a new kitchen garbage disposal, and a water heater replaced in 2023. A Ring security system with sensors on both entrances provides added convenience. Washington Mill Lofts offers secure building entry, elevator access, a shared community room, and a fenced courtyard with picnic area. Particularly valuable in a downtown setting, Unit #301 includes a deeded off-street parking space and a spacious, deeded private basement storage room. The condominium association provides common area and exterior building maintenance, master building insurance, snow removal, and trash service, contributing to an easy, low-maintenance lifestyle. The location is equally appealing! Just steps from the heart of downtown Phoenixville, enjoy an eclectic mix of restaurants, cafés, breweries, boutiques, and entertainment along Bridge and Main Streets. Catch a movie or live performance at the historic Colonial Theatre, browse the popular Phoenixville Farmers' Market, or experience the town's lively festivals and community events. Nearby walking and biking trails, including the Schuylkill River Trail, offer wonderful opportunities for outdoor recreation, while Valley Forge National Historical Park is just a short drive away. With its distinctive architectural details, modern updates, and walkable downtown location, this residence offers a wonderful blend of historic charm, everyday comfort, and convenience. A fantastic opportunity to enjoy loft-style living in the heart of Phoenixville!
| Date | Event | Price |
|---|---|---|
| Oct 29, 2026 | Listed for sale | $279,900 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
This address was previously listed July 2026 and taken off the market without selling. A new listing restarts the days-on-market clock.
Estimated value
$272,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Chester County assessment ratio, and this home's own September 2026 sale grown with the local market, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 408 WESTRIDGE DR #181, PHOENIXVILLE, PA 19460 | October 2026 | $370,000 | 2/2 | 928 | $321,105 |
| 200 LINCOLN AVE #304, PHOENIXVILLE, PA 19460 | August 2025 | $270,900 | 1/1 | 864 | $284,540 |
| 200 LINCOLN AVE #122, PHOENIXVILLE, PA 19460 | November 2025 | $277,500 | 1/1 | 820 | $305,457 |
| 200 LINCOLN AVE #302, PHOENIXVILLE, PA 19460 | December 2024 | $260,000 | 1/1 | 834 | $284,320 |
| 387 WESTRIDGE CIR #112, PHOENIXVILLE, PA 19460 | September 2025 | $307,500 | 2/2 | 928 | $279,226 |
| 200 LINCOLN AVE #111, PHOENIXVILLE, PA 19460 | October 2026 | $275,000 | 1/1 | 726 | $314,535 |
| Date | Event | Price |
|---|---|---|
| September 2026 | Sold | $244,900 |
| May 2024 | Sold | $252,000 |
| September 2023 | Sold | $250,000 |
| August 2023 | Sold | $220,000 |
| May 2022 | Sold | $245,000 |
| January 2022 | Sold | $190,500 |
| August 2021 | Sold | $260,100 |
| July 2021 | Sold | $187,000 |
| June 2021 | Sold | $220,000 |
| January 2021 | Sold | $212,750 |
| August 2019 | Sold | $169,900 |
| December 2018 | Sold | $199,500 |
| November 2018 | Sold | $178,500 |
| September 2017 | Sold | $212,500 |
| November 2016 | Sold | $167,000 |
| May 2016 | Sold | $194,000 |
| July 2015 | Sold | $164,000 |
| December 2014 | Sold | $162,000 |
| September 2014 | Sold | $160,000 |
| April 2014 | Sold | $159,900 |
| February 2012 | Sold | $148,000 |
From closed MLS and county deed records. Earlier transactions may exist.
Estimated at current rates
$5,163 / year
≈ $430 per month
MLS shows (2026)
$5,292
-2.4% at current rates
School tax
PHOENIXVILLE AREA · 35.08 mills (2025-26)
$3,703
County tax
Chester County · 5.16 mills (2026)
$545
Municipal tax
As recorded for 2026, varies by municipality
$915
Recomputed from the county assessment ($105,560, 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.
Loan term
Estimated monthly payment
$1,917/mo
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.
School district
Phoenixville Area
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.
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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 30, 2026 at 8:08 PM EDT
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