NOT LISTED FOR SALE

1176 Lafayette Rd Wayne, PA 19087

Estimated Value: $1,030,253 - $1,142,000

5 Beds
3.5 Baths
3,175 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $685,000 $216 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,540/month

15 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Living Room
  • Roberts Elementary School Rated A
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of October 2020

Enjoy the charm and character of this stately stone colonial nestled on a fantastic 1.5+ acre lot with a stellar location! This early 20th century home has the land and with over 3,000 square feet has the size to accommodate nearly any vision. The home has an abundance of features including front and rear staircases, generously sized living room with exit to covered porch, a back deck overlooking the sprawling rear grounds, 3 car attached garage, and an oversized detached barn/garage that provides ample space for the hobbyist, car lover, or storage. While the home is ready for updating, the boiler has recently been replaced and upgraded to natural gas, sewer discharge pipes have been upgraded, and the living room and master bedroom have undergone recent updates. All of this and a stellar Wayne location. Minutes to the bustling Town Center, King of Prussia Mall, and Wayne s historic shopping district. Not to mention proximity to local trails, public transportation, and major roadways! Don t miss your chance to create your picturesque estate with a fantastic and convenient location.

Last Agent to Sell the Property

Eric Rehling

(610) 308-3330 eric@therealestategps.com RE/MAX Ready License #RM-422090 Listed on: 07/24/2020

Last Buyer's Agent

Anthony Zecca

(302) 438-6596 anthonyzecca@kw.com Keller Williams Realty Devon-Wayne License #RS338322

Keller Williams Realty Devon-Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,343

Year Built

  • Built in 1931

Lot Details

  • 1.67 Acre Lot
  • Lot Dimensions are 170.00 x 0.00
  • Property is zoned R1A

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • 3,175 Sq Ft Home
  • Property has 2 Levels
  • Non-Functioning Fireplace
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Upper Merion High School

Farming

  • Barn

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Community Details

  • Colonial Village Neighborhood Association

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number 58-00-12382-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,343

Year Built

Built in 1931

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1931
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3175
  • Living Area Sq Ft: 3175
  • Price Per Sq Ft: 220.44
  • Above Grade Finished Sq Ft: 3175
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn
  • Construction Materials: Masonry
  • 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
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 45.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: COLONIAL VILLAGE NEIGHBORHOOD ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: UPPER MERION

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 1.67
  • Lot Dimensions: 170.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 72800.00
  • Zoning: R1A

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 826985
  • School Tax: 7212.00
  • Tax Annual Amount: 9343.00
  • Assessor Parcel Number: 58-00-12382-007
  • Tax Lot: 024
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 6, 2020
Sold by
Picozzi James
Bought by
Mcginnis Dennis J and Mcginnis Dana M
Seller's Agent
Eric Rehling
RE/MAX Ready
Buyer's Agent
Anthony Zecca
Keller Williams Realty Devon-Wayne
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%
Current Estimated Value
$1,079,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,063
Avg. Annual Appreciation
9.26%
Original Mortgage
$510,400
Outstanding Balance
$452,106
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$626,957

Purchase Details

Closed on
Mar 6, 2013
Sold by
Picozzi James and Picozzi Richard
Bought by
Picozzi James

Purchase Details

Closed on
Mar 1, 2013
Sold by
Picozzi James and Picozzi Richard
Bought by
Picozzi James and Picozzi Richard

Purchase Details

Closed on
Jun 20, 2008
Sold by
Bryn Mawr Tr Co
Bought by
Picozzi Diane
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
Mcginnis Dennis J $685,000 Title Services
Picozzi James -- None Available
Picozzi James -- None Available
Picozzi Diane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginnis Dennis J $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $685,000 -2.1% $216 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $699,900 -- $220 / 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 $10,509 $340,980 -- --
2024 $10,509 $340,980 -- --
2023 $10,136 $340,980 $0 $0
2022 $9,702 $340,980 $0 $0
2021 $9,402 $340,980 $0 $0
2020 $8,984 $340,980 $0 $0
2019 $8,831 $340,980 $0 $0
2018 $8,830 $340,980 $0 $0
2017 $8,514 $340,980 $0 $0
2016 $8,380 $340,980 $0 $0
2015 $8,071 $340,980 $0 $0
2014 $8,071 $340,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC657592

Bright MLS

APN: 58-00-12382-007