NOT LISTED FOR SALE

Estimated Value: $1,408,000 - $1,633,000

6 Beds
6.5 Baths
9,368 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $1,020,000 $109 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,446/month

Highlights

  • 0.93 Acre Lot
  • Colonial Architecture
  • 3 Car Direct Access Garage
  • Pine Road Elementary School Rated A
  • 3 Fireplaces
  • Parking Storage or Cabinetry

About This Home

As of July 2020

INCREDIBLE INVERNESS OPPORTUNITY IN AWARD WINNING LOWER MORELAND SCHOOL DISTRICT! MOTIVATED SELLER: TAKE ADVANTAGE OF A NEW LIST PRICE, RECENTLY REDUCED TAXES, AND ENTICING MORTGAGE RATES! Set on a on a premier lot in Lower Moreland's coveted Inverness neighborhood, this stately stone and stucco 6 bedroom, 6.2 bath Colonial offers 6,500+ square feet of living space. The open floor plan imparts a gracious flow that is ideal for entertaining and comfortable daily living. A grand entrance foyer welcomes you, and leads to the sun-lit living room with gas fireplace, spacious dining room with tray ceiling, library or home office with custom built-ins and fireplace, plus 3 season screened porch. The fabulous gourmet kitchen features top of the line appliances, new refrigerator, double oven, new additional oven and microwave, 2 dishwashers, granite counters & a separate breakfast area. Great room boasts a stone gas fireplace, custom wall unit, entertainment area with attached bar, carved wooden pillars, and a decorative stained-glass archway. Not to be missed is the convenient first floor in-law, guest, or nanny suite with sizeable bedroom, handicapped accessible full bath, walk-in closet, and dedicated HVAC system. Second floor private spaces include the gracious master suite with separate sitting room, vast closets, and spa-like full bath with tub, shower and double vanities, 2 toilet rooms, three additional en-suite bedrooms and a full laundry room. A third level offers an additional office and sitting area. Completing this amazing home is the finished lower level with game & bonus rooms, gym, full bath and at home HD cinema with surround sound. Exterior highlights include private flagstone patio, beautifully landscaped yard, and 3-car attached garage. Home is only 1-mile from Meadowbrook station, with direct access to center city and airport. Within walking distance to the 5.4-mile Pennypack Trail. Conveniently located to Whole Foods, Giant, the Willow Grove Mall, brand new Penn Cinema, as well as many incredible restaurants and coffee shops. Award winning Lower Moreland School District. CARING FOR FAMILY AND WORKING REMOTELY IS OUR NEW NORMAL. THIS BEAUTIFUL HOME MAKES ALL OF THAT EASY TO ACCOMPLISH!NOW MORE THAN EVER, THERE IS NO PLACE like HOME.

Last Agent to Sell the Property

David Edelman

(610) 908-4473 david.edelman@lnf.com Compass RE License #RS323638 Listed on: 04/17/2020

Compass RE

Co-Listed By

VERONICA EDELMAN

(215) 805-3240 veronica.edelman@lnf.com Long & Foster Real Estate, Inc. License #RS344361

Last Buyer's Agent

May Chen

(917) 325-3642 maychen.realtor@gmail.com Canaan Realty Investment Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 173.00 x 0.00
  • Property is zoned LL

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Schools

  • Lower Moreland High School

Utilities

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

Community Details

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance
  • Inverness Subdivision

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 41-00-04631-134

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Contact Listing Agent for exclusions
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-04-19
  • Year Built: 2003
  • Remarks Public: INCREDIBLE INVERNESS OPPORTUNITY IN AWARD WINNING LOWER MORELAND SCHOOL DISTRICT! MOTIVATED SELLER: TAKE ADVANTAGE OF A NEW LIST PRICE, RECENTLY REDUCED TAXES, AND ENTICING MORTGAGE RATES! Set on a on a premier lot in Lower Moreland's coveted Inverness neighborhood, this stately stone and stucco 6 bedroom, 6.2 bath Colonial offers 6,500+ square feet of living space. The open floor plan imparts a gracious flow that is ideal for entertaining and comfortable daily living. A grand entrance foyer welcomes you, and leads to the sun-lit living room with gas fireplace, spacious dining room with tray ceiling, library or home office with custom built-ins and fireplace, plus 3 season screened porch. The fabulous gourmet kitchen features top of the line appliances, new refrigerator, double oven, new additional oven and microwave, 2 dishwashers, granite counters & a separate breakfast area. Great room boasts a stone gas fireplace, custom wall unit, entertainment area with attached bar, carved wooden pillars, and a decorative stained-glass archway. Not to be missed is the convenient first floor in-law, guest, or nanny suite with sizeable bedroom, handicapped accessible full bath, walk-in closet, and dedicated HVAC system. Second floor private spaces include the gracious master suite with separate sitting room, vast closets, and spa-like full bath with tub, shower and double vanities, 2 toilet rooms, three additional en-suite bedrooms and a full laundry room. A third level offers an additional office and sitting area. Completing this amazing home is the finished lower level with game & bonus rooms, gym, full bath and at home HD cinema with surround sound. Exterior highlights include private flagstone patio, beautifully landscaped yard, and 3-car attached garage. Home is only 1-mile from Meadowbrook station, with direct access to center city and airport. Within walking distance to the 5.4-mile Pennypack Trail. Conveniently located to Whole Foods, Giant, the Willow Grove Mall, brand new Penn Cinema, as well as many incredible restaurants and coffee shops. Award winning Lower Moreland School District. CARING FOR FAMILY AND WORKING REMOTELY IS OUR NEW NORMAL. THIS BEAUTIFUL HOME MAKES ALL OF THAT EASY TO ACCOMPLISH!NOW MORE THAN EVER, THERE IS NO PLACE LIKE HOME.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 9368
  • Living Area Sq Ft: 9368
  • Price Per Sq Ft: 151.64
  • Above Grade Finished Sq Ft: 6588
  • Below Grade Finished Sq Ft: 2780
  • Total Below Grade Sq Ft: 2780
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1180

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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: Additional Storage Area, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: LOWER MORELAND TOWNSHIP
  • High School: LOWER MORELAND
  • High School Source: Listing Agent
  • School District Key: 300200396852
  • School District Source: Listing Agent
  • High School: LOWER MORELAND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.93
  • Lot Dimensions: 173.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40688.00
  • Year Assessed: 2020
  • Zoning: LL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 739770
  • School Tax: 25018.00
  • Tax Annual Amount: 30815.00
  • Assessor Parcel Number: 41-00-04631-134
  • Tax Lot: 011
  • Tax Total Finished Sq Ft: 6588
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/16/2020

MLS Schools

  • School District Name: LOWER MORELAND TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jul 16, 2020
Sold by
Kornblau Lynn Sare
Bought by
Zhu Shu Xian and Lin Min
Seller's Agent
David Edelman
Compass RE
Buyer's Agent
May Chen
Canaan Realty Investment Group
List Price
$999,000
Sold Price
$1,020,000
Premium/Discount to List
$21,000
2.1%
Current Estimated Value
$1,509,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,985
Avg. Annual Appreciation
7.74%
Original Mortgage
$550,000
Outstanding Balance
$487,704
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,022,281

Purchase Details

Closed on
Jul 29, 2002
Sold by
Arcadia At Inverness Glen Lp
Bought by
Kornblau Jeffrey and Kornblau Lynn Sare
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
Zhu Shu Xian $1,020,000 None Available
Kornblau Jeffrey $1,000,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Shu Xian $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $1,020,000 +2.1% $109 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $999,000 0.0% $107 / Sq Ft
05/28/2020 05/28/20 For Sale $999,000 -2.1% $107 / Sq Ft
04/17/2020 04/17/20 Off Market $1,020,000 -- --
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 $28,873 $571,880 -- --
2024 $28,873 $571,880 -- --
2023 $27,594 $571,880 $0 $0
2022 $26,783 $571,880 $0 $0
2021 $26,234 $571,880 $0 $0
2020 $30,721 $690,200 $0 $0
2019 $43,204 $985,430 $106,160 $879,270
2018 $8,205 $985,430 $106,160 $879,270
2017 $40,747 $985,430 $106,160 $879,270
2016 $40,363 $985,430 $106,160 $879,270
2015 $37,919 $985,430 $106,160 $879,270
2014 $37,919 $985,430 $106,160 $879,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC645546

Bright MLS

APN: 41-00-04631-134