NOT LISTED FOR SALE

Estimated Value: $844,000 - $893,000

3 Beds
2.5 Baths
2,669 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $620,000 $232 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,366/month

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Belmont Hills El School Rated A+
  • More Than Two Accessible Exits
  • 3-minute walk to Lewis J. Smith Park

About This Home

As of August 2021

Very convenient location! Great neighborhood! Welcome to 1010 Smith Drive in Lower Merion Township. This well maintained home offers 3 bedrooms and 2.5 bathrooms. As you enter the home you will notice the large living & dining rooms with beautiful hardwood floors throughout. The living room offers recessed lighting and a large picture window with bright light shining through. The living and dining room lead to the gorgeous eat-in kitchen. The eat-in kitchen offers newer appliances, newer granite countertops and hardwood cabinets with more than enough storage space. As you enter the lower level notice the spacious den, half bathroom and laundry room. The den opens up with sliding glass doors to the private backyard. The upper level includes 3 bedrooms and 2 full bathrooms. The master with the perfect layout has hardwood floors, ceiling fan and full bathroom. 2 other bedrooms are generously sized with hardwood floors and bright light shining through. The lower level leads to a basement which can be used as a playroom. This home will not last! Schedule a private showing today!

Last Agent to Sell the Property

Jianping Zheng

JP Platinum Realty Services LLC Listed on: 07/02/2021

Last Buyer's Agent

Jianping Zheng

JP Platinum Realty Services LLC Listed on: 07/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,590

Year Built

  • Built in 1956

Lot Details

  • 10,241 Sq Ft Lot
  • Lot Dimensions are 102.00 x 0.00

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Split Level Home
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 40-00-55196-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,590

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer and Dryer in as is condition.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-02
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Remarks Public: Very convenient location! Great neighborhood! Welcome to 1010 Smith Drive in Lower Merion Township. This well maintained home offers 3 bedrooms and 2.5 bathrooms. As you enter the home you will notice the large living & dining rooms with beautiful hardwood floors throughout. The living room offers recessed lighting and a large picture window with bright light shining through. The living and dining room lead to the gorgeous eat-in kitchen. The eat-in kitchen offers newer appliances, newer granite countertops and hardwood cabinets with more than enough storage space. As you enter the lower level notice the spacious den, half bathroom and laundry room. The den opens up with sliding glass doors to the private backyard. The upper level includes 3 bedrooms and 2 full bathrooms. The master with the perfect layout has hardwood floors, ceiling fan and full bathroom. 2 other bedrooms are generously sized with hardwood floors and bright light shining through. The lower level leads to a basement which can be used as a playroom. This home will not last! Schedule a private showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2669
  • Living Area Sq Ft: 2669
  • Price Per Sq Ft: 306.75
  • Above Grade Finished Sq Ft: 2119
  • Below Grade Finished Sq Ft: 550
  • Total Below Grade Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1010

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.24
  • Lot Dimensions: 102.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10241.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 733958
  • School Tax: 6839.00
  • Tax Annual Amount: 8590.00
  • Assessor Parcel Number: 40-00-55196-006
  • Tax Lot: 223
  • Tax Total Finished Sq Ft: 2669
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/27/2021

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 26, 2021
Sold by
Huang Liang and Yang Xiaomeng
Bought by
Song Xiaoming
Seller's Agent
Jianping Zheng
JP Platinum Realty Services LLC
Buyer's Agent
Jianping Zheng
JP Platinum Realty Services LLC
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$861,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,014
Avg. Annual Appreciation
7.78%
Original Mortgage
$496,000
Outstanding Balance
$449,484
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$390,802

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 21, 2019
Sold by
Masoodi Ryan and Sadry Fatemeh
Bought by
Huang Liang and Yang Xiaomeng
Seller's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
Buyer's Agent
Jianping Zheng
JP Platinum Realty Services LLC
List Price
$525,000
Sold Price
$499,000
Premium/Discount to List
-$26,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$449,000
Interest Rate
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jul 7, 2015
Sold by
The Loretta J Garfinkel Revocable Trust
Bought by
Masoodi Reza and Sadry Fatemeh
Seller's Agent
Eleanor Powers
Coldwell Banker Realty
Buyer's Agent
Parvin Rostami
Long & Foster Real Estate, Inc.
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$413,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1996
Sold by
Paster Loretta J and Garfinkel Loretta J
Bought by
Garfinkel Loretta J and Loretta J Garfinkel Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Song Xiaoming $620,000 None Available
Huang Liang $499,000 None Available
Masoodi Reza $435,000 Attorney
Garfinkel Loretta J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Xiaoming $496,000
Previous Owner Huang Liang $449,000
Previous Owner Masoodi Reza $413,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $620,000 -4.6% $232 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $650,000 0.0% $244 / Sq Ft
09/12/2019 09/12/19 Rented $3,000 -7.7% --
08/25/2019 08/25/19 Price Changed $3,250 -4.4% $1 / Sq Ft
07/28/2019 07/28/19 For Rent $3,400 0.0% --
06/03/2019 06/03/19 Sold $499,000 -5.0% $235 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $525,000 +20.7% $248 / Sq Ft
07/07/2015 07/07/15 Sold $435,000 -5.2% $163 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/23/2015 04/23/15 Price Changed $459,000 -8.0% $172 / Sq Ft
03/26/2015 03/26/15 For Sale $499,000 -- $187 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,345 $223,770 $89,260 $134,510
2024 $9,345 $223,770 $89,260 $134,510
2023 $8,956 $223,770 $89,260 $134,510
2022 $8,790 $223,770 $89,260 $134,510
2021 $8,590 $223,770 $89,260 $134,510
2020 $8,380 $223,770 $89,260 $134,510
2019 $8,232 $223,770 $89,260 $134,510
2018 $8,232 $223,770 $89,260 $134,510
2017 $7,929 $223,770 $89,260 $134,510
2016 $7,842 $223,770 $89,260 $134,510
2015 $7,312 $223,770 $89,260 $134,510
2014 $7,312 $223,770 $89,260 $134,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2001080

Bright MLS

APN: 40-00-55196-006