Landlord's Agent in 2025
Israela Haor-Friedman
BHHS Fox & Roach
(610) 730-0731
66 in this area
115 Total Sales
115 Summit Ln Bala Cynwyd, PA 19004
Bala Cynwyd Neighborhood
5
Beds
4.5
Baths
3,519
Sq Ft
$350
Price per Sq Ft
Highlights
- Colonial Architecture
- 1 Fireplace
- More Than Two Accessible Exits
- Merion Elementary School Rated A+
- 3 Car Detached Garage
- Central Heating and Cooling System
About This Home
As of May 2025Welcome to 115 Summit Lane, a gracious brick colonial nestled in the heart of Bala Cynwyd’s most walkable and connected neighborhood. Just one block from Montgomery Avenue, this charming home offers timeless elegance and modern comfort in a serene, community-oriented setting.Inside, light-filled living spaces flow seamlessly from the formal dining and living rooms—each rich with traditional detail and warmth—to a stunning modern addition anchored by a spacious brand-new chef's kitchen and great family room. Skylights, a wall of windows, and garden views create a seamless connection with nature.The second floor boasts a rare, private primary suite featuring cathedral ceilings, a gas fireplace, and a luxurious spa-like bath with walk-in shower, skylight, and expansive dressing room. Three additional bedrooms, including one en-suite, and a third-floor loft with full bath provide generous accommodations for family and guests.Additional highlights include a finished lower level, a brand new mud/laundry room with ample storage, private driveway with EV charger, and lush outdoor living spaces. Located from shops, restaurants, and beloved local institutions, this home offers the perfect blend of privacy, community, and convenience.115 Summit Lane isn’t just a home—it’s a legacy of warmth, celebration, and connection.
Last Agent to Rent the Property
BHHS Fox & Roach-Haverford License #RS320565 Listed on: 04/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,911
Year Built
- Built in 1950
Lot Details
- 9,678 Sq Ft Lot
- Lot Dimensions are 83.00 x 0.00
Parking
- 3 Car Detached Garage
- Rear-Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 3,519 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
Accessible Home Design
- More Than Two Accessible Exits
Schools
- Merion Elementary School
- Bala Middle School
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Heating System Uses Oil
- Electric Water Heater
Community Details
- Bala Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $6,900
- 48-Month Min and 60-Month Max Lease Term
- Available 7/15/25
- Assessor Parcel Number 40-00-60076-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2020
Closed on
Dec 11, 2020
Sold by
Elbaum David M and Elbaum Seena Beth
Bought by
Morgenstern Robert M and Morgenstern Alyse A
Seller's Agent
Lisie Abrams
Compass RE
Buyer's Agent
Devorah Selber
BHHS Fox & Roach-Haverford
List Price
$829,000
Sold Price
$852,500
Premium/Discount to List
$23,500
2.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,665
Avg. Annual Appreciation
8.06%
Original Mortgage
$682,000
Outstanding Balance
$609,646
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$623,049
Purchase Details
Closed on
Aug 13, 2001
Sold by
Schmidt Louis A and Schmidt Jan Grasch
Bought by
Elbaum David M and Elbaum Seena Beth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morgenstern Robert M | $852,500 | None Available | |
| Elbaum David M | $599,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morgenstern Robert M | $90,300 | |
| Open | Morgenstern Robert M | $682,000 | |
| Previous Owner | Elbaum Seena Beth | $424,000 | |
| Previous Owner | Elbaum David M | $350,000 | |
| Previous Owner | Elbaum Seena B | $100,000 | |
| Previous Owner | Elbaum David M | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Rented | $6,500 | -5.8% | -- |
| 04/30/2025 04/30/25 | For Rent | $6,900 | 0.0% | -- |
| 12/14/2020 12/14/20 | Sold | $852,500 | +2.8% | $222 / Sq Ft |
| 10/26/2020 10/26/20 | Pending | -- | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $829,000 | -- | $216 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,911 | $285,210 | $75,760 | $209,450 |
| 2024 | $11,911 | $285,210 | $75,760 | $209,450 |
| 2023 | $11,414 | $285,210 | $75,760 | $209,450 |
| 2022 | $11,203 | $285,210 | $75,760 | $209,450 |
| 2021 | $10,948 | $285,210 | $75,760 | $209,450 |
| 2020 | $10,680 | $285,210 | $75,760 | $209,450 |
| 2019 | $10,492 | $285,210 | $75,760 | $209,450 |
| 2018 | $10,492 | $285,210 | $75,760 | $209,450 |
| 2017 | $10,107 | $285,210 | $75,760 | $209,450 |
| 2016 | $9,996 | $285,210 | $75,760 | $209,450 |
| 2015 | $9,319 | $285,210 | $75,760 | $209,450 |
| 2014 | $9,319 | $285,210 | $75,760 | $209,450 |
Source: Public Records
Agents Affiliated with this Home
-
Israela Haor-Friedman
-
Richard Telep
R
Tenant's Agent in 2025
Richard Telep
BHHS Fox & Roach
(610) 507-9010
5 in this area
16 Total Sales
-
Lisie Abrams
Seller's Agent in 2020
Lisie Abrams
Compass RE
(215) 779-5765
6 in this area
139 Total Sales
-
Devorah Selber
Buyer's Agent in 2020
Devorah Selber
BHHS Fox & Roach
(610) 212-2725
5 in this area
49 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2138626
APN: 40-00-60076-004
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