NOT LISTED FOR SALE

116 Grasmere Rd Bala Cynwyd, PA 19004

Estimated Value: $815,000 - $930,000

3 Beds
2.5 Baths
1,996 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $520,000 $261 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,298/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Living Room
  • Merion Elementary School Rated A+
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of October 2018

Welcome to this lovingly well maintained home in a most convenient location. Tucked away on a quiet street, this custom built, one-of-a-kind home in excellent condition exudes charm. Center Hall Colonial, large living room with fireplace. Formal dining room, eat-in kitchen with newer appliances, and pantry. Library/Den, possible for a 4th bedroom. Outside exit to elegant flagstone patio and 1 car garage. Second floor features a master bedroom with full bath, two additional large bedrooms and a ceramic tiled hall bath. Excellent closet and storage space. Basement is semi-finish. Large storage room with shelves that can be accessed from the garage as well. Updates include central air and 200 amp electricity. Hardwood floors throughout. One-of-a-kind house located in a serene setting with mature plantings. A must see. It is within walking distance to the shops on Bala Avenue, train to Center City and major access to Routes.

Last Agent to Sell the Property

Israela Haor-Friedman

(610) 730-0731 israela.friedman@foxroach.com BHHS Fox & Roach-Haverford License #RS320565 Listed on: 08/06/2018

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Cecile Steinriede

(215) 880-2726 cecile@ewrhomes.com Elfant Wissahickon-Rittenhouse Square License #RS277878

Elfant Wissahickon-Rittenhouse Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,673

Year Built

  • Built in 1936

Lot Details

  • 7,635 Sq Ft Lot
  • Property is zoned R4

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • 1,996 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces

Schools

  • Lower Merion High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 251
  • Assessor Parcel Number 40-00-20124-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,673

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Net Sq Ft: 1996.00
  • Price Per Sq Ft: 275.55
  • Above Grade Finished Sq Ft: 1996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • 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: 1
  • Total Garage And Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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
  • High School: LOWER MERION
  • School District Key: 300200396851
  • High School: LOWER MERION

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.18
  • Lot Dimensions: 65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7635.00
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7673.00
  • Assessor Parcel Number: 40-00-20124-005
  • Tax Lot: 251
  • Tax Year: 2018
  • Close Date: 10/12/2018

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 11, 2018
Sold by
Franklin Trust
Bought by
Steinriede Kent and Steinriede Cecile
Seller's Agent
Israela Haor-Friedman
BHHS Fox & Roach-Haverford
Buyer's Agent
Cecile Steinriede
Elfant Wissahickon-Rittenhouse Square
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$858,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,683
Avg. Annual Appreciation
7.42%
Original Mortgage
$408,000
Outstanding Balance
$355,800
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$502,883

Purchase Details

Closed on
Jun 29, 1999
Sold by
Franklin Judith E
Bought by
Judith E Franklin Revocable Living Trust

Purchase Details

Closed on
Nov 24, 1998
Sold by
Franklin Jerrold and Franklin Judith E
Bought by
Franklin Judith E
Source: Public Records

Range of Values:

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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
Steinriede Kent $520,000 None Available
Judith E Franklin Revocable Living Trust -- --
Franklin Judith E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinriede Kent $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $520,000 -5.5% $261 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $550,000 0.0% $276 / Sq Ft
08/06/2018 08/06/18 For Sale $550,000 -- $276 / 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 $8,940 $214,090 -- --
2024 $8,940 $214,090 -- --
2023 $8,568 $214,090 $0 $0
2022 $8,409 $214,090 $0 $0
2021 $8,218 $214,090 $0 $0
2020 $8,017 $214,090 $0 $0
2019 $7,673 $208,590 $0 $0
2018 $7,673 $208,590 $0 $0
2017 $7,391 $208,590 $0 $0
2016 $7,311 $208,590 $0 $0
2015 $6,815 $208,590 $0 $0
2014 $6,815 $208,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005958073

Bright MLS

APN: 40-00-20124-005