NOT LISTED FOR SALE

111 Fairview Rd Penn Valley, PA 19072

Estimated Value: $1,849,422 - $2,085,000

5 Beds
6 Baths
6,473 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $1,299,000 $201 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,788/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Private Lot
  • Penn Valley School Rated A+
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2020

111 Fairview Road is situated on over an acre of private grounds in the heart of Penn Valley. This beautiful home offers great comfortable living in the most private setting in Lower Merion Township. Set on an interior lot, this home is surrounded by mature trees offering picturesque views from every window. As you enter into the 2 story marble foyer drenched with sunlight, you are welcomed into this open floor plan with a grand staircase centering the home. Main level offers a formal living room with fireplace, large den/office with built in's, cozy fireplace and wet bar overlooking spacious backyard, open 2 story family room centered by gas fireplace with large open windows, formal dining room surrounded with floor to ceiling windows, spacious eat in kitchen with Cook top Island and stainless steel appliances leading you to large wrap around Trex deck allowing for complete privacy. Main level laundry, 2 powder rooms on either side of main level, walk in pantry and entrance to 3 car garage complete this fabulous level. High end surround sound system is installed on deck, kitchen, living room and master bedroom! There are Hardwood floors throughout except for marble foyer. Second level offers large Master Suite with double sink, soaking whirl pool, his/her walk in closet and coffered ceiling. Balcony overlooking family rooms leads to three other very generously sized bedrooms, 2 bathrooms (two en-suite) with lots of storage and abundant closet space. Lower level is walk out to EP Henry patio under over-sized Trex deck. Huge recreation area with 4th fireplace (gas), 5th bedroom with double closets, full bath and lots of unfinished space for storage. This home offers over 6,000 SF of living space with generous room sizes and perfect for entertaining all year around. The exterior yard is private and surrounded by mature trees not overlooking any neighbors! Lots of other perks and special touches as you walk through this well-built sun drenched home that is just minutes to the Township Elementary and Middle schools. Perfect sized home for everyone and centrally located! Minutes to Center City, Narberth Train Station, Manayunk shopping and dining, and other Main Line establishments.

Last Agent to Sell the Property

Angela Berke

Keller Williams Main Line Listed on: 06/01/2020

Keller Williams Main Line

Last Buyer's Agent

Tammy Harrison

Compass RE License #AB068656

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,868

Year Built

  • Built in 1990

Lot Details

  • 1.18 Acre Lot
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • 5 Driveway Spaces
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Gourmet Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 082
  • Assessor Parcel Number 40-00-17572-307

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,868

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: see agent
  • Inclusions: All kitchen appliances, washer/dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-01
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Walk-In Closet(s), Whirlpool/Hottub
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 6473
  • Living Area Sq Ft: 6473
  • Price Per Sq Ft: 242.12
  • Above Grade Finished Sq Ft: 5555
  • Below Grade Finished Sq Ft: 918
  • Total Below Grade Sq Ft: 918
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Private, Shared Driveway
  • Garage Features: Built In
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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

Lot Info

  • Land Use Code: 1101
  • Lot Features: Level, Private, Secluded
  • Lot Size Acres: 1.18
  • Lot Dimensions: x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51496.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 22290.00
  • Tax Annual Amount: 27868.00
  • Assessor Parcel Number: 40-00-17572-307
  • Tax Lot: 082
  • Tax Total Finished Sq Ft: 6473
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/26/2020

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Oct 20, 2020
Sold by
Noteware Ellen and Ellis Steven
Bought by
Welch Jonathan R and Kumar Pooja
Seller's Agent
Angela Berke
Keller Williams Main Line
Buyer's Agent
Tammy Harrison
Compass RE
List Price
$1,449,000
Sold Price
$1,299,000
Premium/Discount to List
-$150,000
-10.35%
Current Estimated Value
$1,972,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,474
Avg. Annual Appreciation
8.49%
Original Mortgage
$1,039,200
Outstanding Balance
$926,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,007,094

Purchase Details

Closed on
Jan 4, 2011
Sold by
Coletta Karen L and Coletta Anthony V
Bought by
Ellis Steven and Noteware Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.62%
Source: Public Records

Range of Values:

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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
Welch Jonathan R $1,299,000 None Available
Ellis Steven $1,195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Jonathan R $1,039,200
Previous Owner Ellis Steven $378,000
Previous Owner Ellis Steven $417,000
Previous Owner Coletta Karen L $417,000
Previous Owner Coletta Anthony $500,000
Previous Owner Coletta Anthony $948,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $1,299,000 -3.4% $201 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/25/2020 08/25/20 Price Changed $1,345,000 -3.9% $208 / Sq Ft
07/15/2020 07/15/20 Price Changed $1,399,000 -2.5% $216 / Sq Ft
06/16/2020 06/16/20 Price Changed $1,435,000 -1.0% $222 / Sq Ft
06/01/2020 06/01/20 For Sale $1,449,000 -- $224 / 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 $25,484 $610,200 -- --
2024 $25,484 $610,200 -- --
2023 $24,421 $610,200 $0 $0
2022 $23,969 $610,200 $0 $0
2021 $27,994 $729,300 $0 $0
2020 $27,311 $729,300 $0 $0
2019 $26,829 $729,300 $0 $0
2018 $26,829 $729,300 $0 $0
2017 $25,843 $729,300 $0 $0
2016 $25,559 $729,300 $0 $0
2015 $23,831 $729,300 $0 $0
2014 $23,831 $729,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC649770

Bright MLS

APN: 40-00-17572-307