NOT LISTED FOR SALE

1201 Chermar Ln Penn Valley, PA 19072

Lower Merion Neighborhood

Estimated Value: $1,025,000 - $1,148,000

4 Beds
2.5 Baths
2,259 Sq Ft
$484/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $675,000 $299 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,903/month

Highlights

  • In Ground Pool
  • Colonial Architecture
  • 1 Fireplace
  • Belmont Hills El School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of April 2020

Welcome to this meticulously maintained and tastefully updated 4 bed 2 bath center hall colonial, situated on .62 of an acre in desirable Penn Valley. The first floor has great flow for entertaining with large living and dining rooms as well as a generously sized first floor family room with a fireplace, built-ins & sliders to the back yard. The brick patio off the family room is the perfect place to enjoy the yard and in-ground pool. Light permeates the eat-in, island kitchen through a large bay window. The first floor laundry area leads off the kitchen to an attached 2 car garage. The first floor powder room has been recently updated. The second floor consists of a large master suite with a custom fitted walk-in closet and new master bathroom with oversized walk-in shower, 3 additional corner bedrooms and updated hall bath. The finished lower level offers great usable space, perfect for play, gym and office areas as well as a large unfinished area for additional storage. This functional home is move-in ready - freshly painted throughout, refinished hardwood floors, 2 new bathrooms and new powder room and a FULL stucco remediation stucco was removed and replaced with hardy plank!!The pool, while fully operational is closed for the winter, is in need of some repairs and is being sold in as-is condition. It has been used every summer since installation and was converted from a chlorine pool to a salt pool within the last five years. Award winning Lower Merion schools, near to major highways and an easy commute to Center City. Showings start at brokers open Tuesday Feb 25, 1-4pm

Last Agent to Sell the Property

Felicia Stern

(610) 291-6513 felicia.stern@compass.com Compass RE License #RS154956 Listed on: 02/24/2020

Compass RE

Co-Listed By

Monique Wallace

(610) 322-3339 monique.wallace@compass.com Compass RE License #RS290561

Last Buyer's Agent

Francesca Prieto

(267) 679-6654 frances.prieto@compass.com Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,931

Year Built

  • Built in 1978

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 145.00 x 0.00
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 096
  • Assessor Parcel Number 40-00-10225-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,931

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-02-24
  • Federal Flood Zone: No
  • Year Built: 1978
  • Remarks Public: Welcome to this meticulously maintained and tastefully updated 4 bed 2 bath center hall colonial, situated on .62 of an acre in desirable Penn Valley. The first floor has great flow for entertaining with large living and dining rooms as well as a generously sized first floor family room with a fireplace, built-ins & sliders to the back yard. The brick patio off the family room is the perfect place to enjoy the yard and in-ground pool. Light permeates the eat-in, island kitchen through a large bay window. The first floor laundry area leads off the kitchen to an attached 2 car garage. The first floor powder room has been recently updated. The second floor consists of a large master suite with a custom fitted walk-in closet and new master bathroom with oversized walk-in shower, 3 additional corner bedrooms and updated hall bath. The finished lower level offers great usable space, perfect for play, gym and office areas as well as a large unfinished area for additional storage. This functional home is move-in ready - freshly painted throughout, refinished hardwood floors, 2 new bathrooms and new powder room and a FULL stucco remediation stucco was removed and replaced with hardy plank!!The pool, while fully operational is closed for the winter, is in need of some repairs and is being sold in as-is condition. It has been used every summer since installation and was converted from a chlorine pool to a salt pool within the last five years. Award winning Lower Merion schools, near to major highways and an easy commute to Center City. Showings start at brokers open Tuesday Feb 25, 1-4pm
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Cooktop, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Formal/Separate Dining Room, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 8
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 4518
  • Living Area Sq Ft: 2259
  • Price Per Sq Ft: 298.80
  • Above Grade Finished Sq Ft: 2259
  • Above Grade Unfinished Sq Ft: 2259
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Pool Features: In Ground
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 1101
  • Lot Size Acres: 0.62
  • Lot Dimensions: 145.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27000.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 719197
  • School Tax: 11881.00
  • Tax Annual Amount: 14931.00
  • Assessor Parcel Number: 40-00-10225-004
  • Tax Lot: 096
  • Tax Total Finished Sq Ft: 2259
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/21/2020

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 27, 2020
Sold by
Glazer Paula and Abrams Elyce I
Bought by
Gosfield Alexander and Gosfield Andrea
Seller's Agent
Felicia Stern
Compass RE
Buyer's Agent
Francesca Prieto
Compass RE
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,092,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,383
Avg. Annual Appreciation
9.11%
Original Mortgage
$506,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1979
Bought by
Abrams Basil and Abrams Maureen
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
Gosfield Alexander $675,000 None Available
Abrams Basil $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gosfield Alexander $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2020 04/21/20 Sold $675,000 0.0% $299 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $675,000 -- $299 / 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 $14,085 $337,250 -- --
2024 $14,085 $337,250 -- --
2023 $15,957 $398,710 $210,300 $188,410
2022 $15,661 $398,710 $210,300 $188,410
2021 $15,305 $398,710 $210,300 $188,410
2020 $14,931 $398,710 $210,300 $188,410
2019 $14,667 $398,710 $210,300 $188,410
2018 $14,667 $398,710 $210,300 $188,410
2017 $14,128 $398,710 $210,300 $188,410
2016 $13,973 $398,710 $210,300 $188,410
2015 $13,029 $398,710 $210,300 $188,410
2014 $13,029 $398,710 $210,300 $188,410
Source: Public Records

Agents Affiliated with this Home

  • Felicia Stern

    Seller's Agent in 2020

    Felicia Stern

    Compass RE

    (610) 291-6513

    12 in this area

    74 Total Sales

    Felicia Stern
    Section Image
  • Monique Wallace

    Seller Co-Listing Agent in 2020

    Monique Wallace

    Compass RE

    (610) 322-3339

    10 in this area

    49 Total Sales

    Monique Wallace
    Section Image
  • Francesca Prieto

    Buyer's Agent in 2020

    Francesca Prieto

    Compass RE

    (267) 679-6654

    4 in this area

    96 Total Sales

    Francesca Prieto
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC640058

Bright MLS

APN: 40-00-10225-004

Pennsylvania Montgomery County Penn Valley 19072 Lower Merion

1201 Chermar Ln, Penn Valley, PA

This home is located at 1201 Chermar Ln, Penn Valley, PA 19072 since 24 February 2020 and is currently estimated at $1,092,383, approximately $483 per square foot. This property was built in 1978. 1201 Chermar Ln is a home located in Montgomery County with nearby schools including Belmont Hills El School, Welsh Valley Middle School, and Harriton Senior High School.

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