101 Wallace Ave, Downingtown, PA 19335 Property Records

Chester County property record for 101 Wallace Ave, Downingtown, PA 19335

Property Summary

Property TypeCommercial
Details14,280 sqft · built 1999
Lot Size3.8 acres (165,528 sqft)
OwnerCompany Name on File
Last Sale$1,200,000 (Mar 1999)
Tax Bill$5,425 (2026)
Deeds & MortgagesOct 2019 Line of Credit
Flood ZoneZone X (minimal risk)
APN11-4-7

Property Details

APN / Parcel Number

Primary APN11-4-7
Alternative APNs
  • 1104 00070000
  • 1104 0007

Interior

Building Area14,280 sqft Total Area

Exterior

Year BuiltBuilt 1999
Effective Year BuiltEffective 1999
Lot Area165,528 sqft
View / LotCentral Business

Utilities, Heating & Cooling

Cooling SystemCentral
Heating FuelElectric
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address101 WALLACE AVE
CityDOWNINGTOWN
StatePA
Zip19335-2604
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeC3
Legal Description3.8 AC & COMM BLDG
JurisdictionCHESTER PA
Township / Civil DivisionDOWNINGTOWN
Census Block Group1
Census Block1014
Census Tract304101

Owner

101 Wallace Ave, a commercial property, is owned by a company that bought it in March 1999.

Source: Chester County records, as of May 28, 2026

Owner of RecordCompany Name on File
Mailing Address1811 BERLIN RD, CHERRY HILL, NJ 08003-3735
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 19, 1999 · Amount on File
Deed SaleMar 19, 1999 · Amount on File
Deed Document Number199922436
Deed Book / Page4528 / 2038
Record UpdatedSep 20, 2026

October 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESTER PA
Property Address101 WALLACE AVE, DOWNINGTOWN, PA 19335-2604
Document Number0100250746
Instrument DateOct 7, 2019
Transaction TypeMortgage
Record UpdatedNov 1, 2019
Title CompanySURETY TITLE CORPORATION, SURETY TITLE CORP

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1811 BERLIN RD CHERRY HILL NJ 080033735, CHERRY HILL, NJ 08003-3735

Mortgage

Document Number0100250746
DateOct 18, 2019
Book Page010025/000746
Instrument11695006
Lender
NameBANK OF AMERICA
TypeBank
Address141 W FRONT ST # 340, RED BANK, NJ 07701-6421
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2026 property tax bill for 101 Wallace Ave was $5,425.

Source: Chester County assessment roll, as of May 28, 2026

Property Jurisdictions

TypeName
StatePennsylvania
CountyChester County
MunicipalityDowningtown Borough
Unified School DistrictDowningtown Area School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$5,425.00$1,186,500 Land $789,960 Building $396,540$1,252,000 Land $789,960 Building $462,040
2024$81,304.00$1,947,000 Land $789,960 Building $1,157,040
1998$1,252,000 Land $789,960 Building $462,040

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 101 Wallace Ave in Zone X, an area of minimal flood risk, though there have been 9 flood claims nearby since 1983.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies7 in force
Nearby Flood Claims9 (1983–2021)
Claims Outside the SFHA4 of 9
Most Recent ClaimSep 2021 · Remnants Of Hurricane Ida
Claims by Event
  • Remnants Of Hurricane Ida, Sep 2021 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 101 Wallace Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 98% of the US · lower than 98.3% of Pennsylvania
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemDOWNINGTOWN WATER AUTHORITY
serves 9,900 people · EPA ID PA1150026
Water SourceSurface water
Last State InspectionDec 2024
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting22
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 320 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
Xfinity
Cable
2,000 / 250
AT&T
Fixed Wireless
100 / 20

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