122 E State St, Kennett Square, PA 19348 Property Records

Chester County property record for 122 E State St, Kennett Square, PA 19348 · Last verified June 2026

Property Summary

Property TypeCommercial
Lot Size0.23 acres (10,027 sqft)
OwnerCompany Name on File
Last Sale$615,000 (Jul 2004)
Tax Bill$128 (2026)
Deeds & MortgagesJul 2026 Construction Loan
Jul 2026 Sale
+ 2 more
Flood ZoneZone X (minimal risk)
APN3-3-126

Property Details

APN / Parcel Number

Primary APN3-3-126
Alternative APNs
  • 0303 01260000
  • 0303 0126

Exterior

Lot Area10,027 sqft (0.23 acres)
View / LotCentral Business

Utilities, Heating & Cooling

SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address122 E STATE ST
CityKENNETT SQUARE
StatePA
Zip19348
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT & PAVING
JurisdictionCHESTER PA
Township / Civil DivisionKENNETT SQUARE
Census Block Group1
Census Block1022
Census Tract303402

Owner

Source: Chester County records · APN 3-3-126

Assessment roll updated May 28, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address101 E STATE ST, KENNETT SQUARE, PA 19348-3109
Owner TypeCompany
VestingPartnership

Deeds, Mortgages & Sale History

DateDocument
Jul 16, 2026Deed of Trust, Mortgage · Construction Mortgage
VALLEY NATIONAL BANK
Jul 10, 2026Deed, Transfer
NONE LISTED ON DOCUMENT
Nov 19, 2018Deed of Trust, Mortgage · Line of Credit
MIDCAP FINANCIAL TRUST
Nov 21, 2018Grant Deed, Construction Loan · Line of Credit
MIDCAP FINANCIAL TRUST (CT)

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 21, 2004 · Amount on Record
Deed SaleJul 21, 2004 · Amount on Record
Deed Document Number200410437946
Deed Book / Page6225 / 2238
Prior Transfer DateJul 16, 2004
Prior Transfer Doc0010437948
Record UpdatedSep 20, 2026

July 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESTER PA
Recording DateJul 16, 2026
Property Address122 E STATE ST, KENNETT SQUARE, PA 19348
Document Number0012132839
Book / Page11618 / 281
Instrument DateJun 18, 2026
Instrument202612132839
Transaction TypeMortgage
Record UpdatedJul 29, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266

Mortgage

Document Number0012132839,
DateJul 16, 2026
Book Page11618/281
Instrument202612132839
Lender
NameVALLEY NATIONAL BANK
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Interest
Rate6.51%
Max Rate-1%

July 2026: Deed, Transfer

Document TypeDeed
JurisdictionCHESTER PA
Recording DateJul 10, 2026
Property Address122 E STATE ST, KENNETT SQUARE, PA 19348
Document Number0012131508
Book / Page11613 / 1120
Instrument DateJun 17, 2026
Instrument202612131508
Transaction TypeTransfer
Record UpdatedJul 23, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
Tax$4,162,659.45
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESTER PA
Property Address122 E STATE ST, KENNETT SQUARE, PA 19348
Transaction TypeMortgage
Record UpdatedAug 29, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address101 E STATE ST, KENNETT SQUARE, PA 19348-3109

Mortgage

Document Number0098452333
DateNov 19, 2018
Book Page9845/2333
Instrument11640051
Lender
NameMIDCAP FINANCIAL TRUST
TypePrivate Party
Address7255 WOODMONT AVE STE 200, BETHESDA, MD 20814
Agreement
TypeLine of Credit
AmountAmount Recorded

November 2018: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionCHESTER PA
Recording DateNov 21, 2018
Property Address122 E STATE ST, KENNETT SQUARE, PA 19348
Document Number0098470062
Book / Page009847 / 000062
Instrument DateOct 30, 2018
Instrument11640380
Transaction TypeConstruction Loan
Record UpdatedDec 24, 2018
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address101 E STATE ST KENNETT SQUARE PA 193483109, KENNETT SQUARE, PA 19348-3109

Mortgage

Document Number98470062
DateNov 21, 2018
Book Page009847/000062
Instrument11640380
Lender
NameMIDCAP FINANCIAL TRUST (CT)
Address7255 WOODMONT AVE # 200, BETHESDA, MD 20814-7904
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Chester County records · Assessment roll updated May 28, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StatePennsylvania
CountyChester County
MunicipalityKennett Square Borough
Unified School DistrictKennett Consolidated School District (KG - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$128.00 (-89.4%)$24,790 (-) Land $16,040 Building $8,750$33,540 (-) Land $16,040 Building $17,500
2024$1,207.00$24,790 Land $16,040 Building $8,750
1998$33,540 Land $16,040 Building $17,500

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Chester County (42029C), updated October 2, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 420293034021, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2004)
Claims Outside the SFHA1 of 1
Most Recent ClaimSep 2004, rainfall accumulation, Tropical Depression Ivan

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic DistrictWithin the Kennett Square Historic District
listed 1989 · 507 contributing resources · NRIS 89001052

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 453 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
VerizonFiber2,300 / 2,300
XfinityCable2,000 / 250
AT&TFixed Wireless100 / 20
T-Mobile USAFixed Wireless100 / 20

May also be available at this address: Verizon. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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