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

Chester County property record for 128 E State St, Kennett Square, PA 19348 · Last verified August 2026

Property Highlights

Property TypeCommercial > Office > Commercial Office
Year BuiltBuilt 2007
Square Footage64,946 sqft Total Area
Lot Size7,937 sqft (0.182 acres)
Last Sale$4,121,444 (2026)
Tax Bill$8,237.00 (2026)

Property Details

APN / Parcel Number

Primary APN3-3-127
Alternative APNs
  • 0303 01270000
  • 0303 0127

Interior

Units4 Units
Building Area64,946 sqft Total Area
ElevatorElevator

Exterior

Year BuiltBuilt 2007
Effective Year BuiltEffective 2007
Lot Area7,937 sqft (0.182 acres)

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemHVAC Heating
SewageMunicipal Sewage
Water SourceCommercial Water Source

Location & Zoning

Street Address128 E STATE ST
CityKENNETT SQUARE
StatePA
Zip19348-3172
Property UsageCommercial Property Usage
TypeCommercial > Office > Commercial Office
Legal DescriptionLOT & COMM BLDG
JurisdictionCHESTER PA
Minor Civil DivisionKENNETT SQUARE
Census Blockgroup1
Census Block1022
Census Tract303402

Owner

Source: Chester County records · APN 3-3-127

Assessment roll updated May 28, 2026 · Last verified August 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 Address1007 N ORANGE ST, 4143, WILMINGTON, DE 19801-1239
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jul 10, 2026Deed, Transfer
NONE LISTED ON DOCUMENT
Nov 21, 2018Deed of Trust, Mortgage · Line of Credit
MIDCAP FINANCIAL TRUST
Nov 19, 2018Deed of Trust, Mortgage · Line of Credit
MIDCAP FINANCIAL TRUST
Nov 26, 2018Grant Deed, Mortgage · Line of Credit
MIDCAP FUNDING IV TRUST (CT)

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 10, 2026 · Amount on Record
Deed SaleJul 10, 2026 · Amount on Record
Deed Doc Number202612131508
Deed Book / Page11613 / 1120
Prior Transfer DateJul 16, 2004
Prior Transfer Doc0010437948
Record RefreshedSep 20, 2026

July 2026: Deed, Transfer

Document TypeDeed
JurisdictionCHESTER PA
Recording DateJul 10, 2026
Property Address128 E STATE ST, KENNETT SQUARE, PA 19348-3172
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 Tax (Full/Partial Unknown)
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESTER PA
Property Address128 E STATE ST, KENNETT SQUARE, PA 19348-3172
Transaction TypeMortgage
Record UpdatedSep 14, 2021
Title CompanyFIRST AMERICAN TITLE INSURAN

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0098470062
DateNov 21, 2018
Book Page9847/0062
Instrument11640380
Lender
NameMIDCAP FINANCIAL TRUST
TypeNon-Lending Institution
AddressBETHESDA, MD 20814
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESTER PA
Property Address128 E STATE ST, KENNETT SQUARE, PA 19348-3172
Transaction TypeMortgage
Record UpdatedSep 14, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

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, Mortgage

Document TypeGrant Deed
JurisdictionCHESTER PA
Recording DateNov 26, 2018
Property Address128 E STATE ST, KENNETT SQUARE, PA 19348-3172
Document Number0098472009
Book / Page009847 / 002009
Instrument DateOct 30, 2018
Instrument11640597
Transaction TypeMortgage
Record UpdatedJan 07, 2019
Title CompanyNATIONAL COMMERCIAL SERVICES, NATIONAL COM'L SVCS

Transferred To (Grantee/Buyer)

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

Mortgage

Document Number98472009
DateNov 26, 2018
Book Page009847/002009
Instrument11640597
Lender
NameMIDCAP FUNDING IV TRUST (CT)
Address7255 WOODMONT AVE # 200, BETHESDA, MD 20814-7904
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueNov 25, 2023
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Chester County records · Assessment roll updated May 28, 2026 · Last verified August 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$8,237.00 (-96.7%)$1,585,460 (-69.05%) Land $100,350 Building $1,485,110$1,585,460 (-) Land $100,350 Building $1,485,110
2024$249,633.00$5,122,940 Land $100,350 Building $5,022,590
1998$1,585,460 Land $100,350 Building $1,485,110

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Chester County (42029C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

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

Values are read at the parcel center point; 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.

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