NOT LISTED FOR SALE

1130 Tower Ln E Penn Valley, PA 19072

Lower Merion Neighborhood

Estimated Value: $1,683,000 - $1,774,000

6 Beds
4.5 Baths
4,918 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $958,000 $195 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,719/month

49 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Attic
  • Belmont Hills El School Rated A+
  • Whirlpool Bathtub
  • 2 Fireplaces

About This Home

As of July 2012

This magnificent Colonial home, located in a family friendly neighborhood of coveted Lower Merion Township, is in pristine, "move-in" condition. Exquisitely appointed throughout, the first floor includes a Library with custom cabinetry, beautiful Living Room with hardwood flooring & fireplace and elegant Dining Room with decorative moldings. Furniture style cabinetry & Corian countertops highlight the Kitchen, while the charming Breakfast Area has a fireplace with brick surround. The Family Room features windows on three exposures. Located on the 2nd floor is the expansive Master Bedroom Suite with trey ceiling & luxurious Bath, together with 4 additional spacious Bedrooms, a Bonus Room plus 2 Baths. The day lit, walk-out Lower Level is beautifully finished and includes a large Recreation Room, Exercise Room, Bedroom & Bath. The beautiful grounds are level and perfect for entertainment & recreation.

Last Agent to Sell the Property

Robin Gordon

(610) 246-2281 robin@robingordon.com BHHS Fox & Roach-Haverford License #AB049690L Listed on: 04/18/2012

BHHS Fox & Roach-Haverford

Co-Listed By

Anne Stein

(484) 571-4453 annestein1@comcast.net BHHS Fox & Roach-Haverford

Last Buyer's Agent

Jack Aezen

(610) 662-1066 jack@aezen.com Compass RE License #RS226201L

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,134

Year Built

  • Built in 1967

Lot Details

  • 0.57 Acre Lot
  • Corner Lot
  • Property is in good condition
  • Property is zoned R2

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 4,918 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces

Outdoor Features

  • Patio

Schools

  • Belmont Hills Elementary School
  • Welsh Valley Middle School
  • Harriton Senior High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 085
  • Assessor Parcel Number 40-00-61812-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,134

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Agent
  • Inclusions: See Agent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Double, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Whirlpool/Hottub, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4918
  • Living Area Sq Ft: 4918
  • Net Sq Ft: 4918.00
  • Price Per Sq Ft: 196.22
  • Above Grade Finished Sq Ft: 4918
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Access To Pool: No
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: BELMONT HILLS
  • High School: HARRITON SENIOR
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.57
  • Lot Dimensions: 152
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24845.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 735790
  • Tax Annual Amount: 15134.00
  • Assessor Parcel Number: 40-00-61812-005
  • Tax Lot: 085
  • Tax Year: 2012

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2019
Sold by
Trachtenberg Eric L and Trachtenberg Jennifer L
Bought by
Kornberg William N and Kornberg Traci L
Current Estimated Value
$1,718,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,500
Outstanding Balance
$753,236
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$965,235

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 27, 2012
Sold by
Selarnick Stuart and Selarnick Nancy H
Bought by
Trachtenberg Jennifer L and Trachtenberg Eric L
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
Jack Aezen
Compass RE
List Price
$1,024,900
Sold Price
$958,000
Premium/Discount to List
-$66,900
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$417,000
Interest Rate
3.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kornberg William N $1,010,000 None Available
Trachtenberg Jennifer L $958,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornberg William N $858,500
Previous Owner Trachtenberg Jennifer L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $958,000 -0.7% $195 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/13/2012 05/13/12 Price Changed $965,000 -3.5% $196 / Sq Ft
04/29/2012 04/29/12 Price Changed $999,999 -2.4% $203 / Sq Ft
04/18/2012 04/18/12 For Sale $1,024,900 -- $208 / 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 $20,812 $498,340 $162,020 $336,320
2024 $20,812 $498,340 $162,020 $336,320
2023 $19,943 $498,340 $162,020 $336,320
2022 $19,575 $498,340 $162,020 $336,320
2021 $19,129 $498,340 $162,020 $336,320
2020 $18,662 $498,340 $162,020 $336,320
2019 $8,017 $498,340 $162,020 $336,320
Source: Public Records

Agents Affiliated with this Home

  • Robin Gordon

    Seller's Agent in 2012

    Robin Gordon

    BHHS Fox & Roach

    (610) 246-2281

    173 in this area

    1,309 Total Sales

    Robin Gordon
    Section Image

  • A

    Seller Co-Listing Agent in 2012

    Anne Stein

    BHHS Fox & Roach

    (484) 571-4453

    6 Total Sales

    Anne Stein
    Section Image
  • Jack Aezen

    Buyer's Agent in 2012

    Jack Aezen

    Compass RE

    (610) 662-1066

    34 in this area

    104 Total Sales

    Jack Aezen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003440985

Bright MLS

APN: 40-00-61812-005

Pennsylvania Montgomery County Penn Valley 19072 Lower Merion

1130 Tower Ln E, Penn Valley, PA

Not Listed for Sale

Detached

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