NOT LISTED FOR SALE

1208 N Spring Mill Rd Villanova, PA 19085

Estimated Value: $958,000 - $2,669,000

1.04 Acres
$1,607,441 Price per Acre
45,302 Sq Ft Lot

Last Sold June 09, 2016

Last sale price $450,000 $218 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $11,580/month

146 Days on Market

Highlights

  • No HOA
  • Welsh Valley Middle School Rated A+
  • En-Suite Primary Bedroom

About This Lot

As of June 2016

Wonderful, unique opportunity to build your own dream home on this level, 1.04 acre, interior lot in sought-after Villanova in Lower Merion Township. The current home residing on this spectacular property is a 4 Bedroom, 2 Full Bathroom, 1 Powder Room, 2066 Sq Ft Colonial and was built in 1850. It is currently collecting income of $2000 per month. This current home is NOT in the building envelope for the new home. Seller can tear down the existing home or can keep it as a guest house, In-Law Suite or servants quarters. Optional Builder Tie in. Award-winning Lower Merion Schools. Close to 76, 476, Conshohocken, Plymouth Meeting and King of Prussia.

Last Agent to Sell the Property

Damon Michels

KW Main Line - Narberth License #AB067731 Listed on: 12/16/2015

KW Main Line - Narberth

Last Buyer's Agent

Karen Strid

BHHS Fox & Roach-Rosemont License #RS325403

BHHS Fox & Roach-Rosemont

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,004

Lot Details

  • 1.04 Acre Lot
  • The property's topography is level

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Gladwyne Elementary School
  • Welsh Valley Middle School
  • Harriton Senior High School

Utilities

  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 40-00-56600-159

Property Details

Property Type

Land

Est. Annual Taxes

$9,004

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Wonderful, unique opportunity to build your own dream home on this level, 1.04 acre, interior lot in sought-after Villanova in Lower Merion Township. The current home residing on this spectacular property is a 4 Bedroom, 2 Full Bathroom, 1 Powder Room, 2066 Sq Ft Colonial and was built in 1850. It is currently collecting income of $2000 per month. This current home is NOT in the building envelope for the new home. Seller can tear down the existing home or can keep it as a guest house, In-Law Suite or servants quarters. Optional Builder Tie in. Award-winning Lower Merion Schools. Close to 76, 476, Conshohocken, Plymouth Meeting and King of Prussia.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 11.07
  • Street Number Modifier: 1208

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists, On Site Septic
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LOWER MERION
  • Elementary School: GLADWYNE
  • Middle School: WELSH VALLEY
  • High School: HARRITON SENIOR
  • School District Key: 300200396851
  • Elementary School: GLADWYNE
  • High School: HARRITON SENIOR
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Lot Size Acres: 1.04
  • Lot Dimensions: 0X0, LotWidth:157
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45085.00
  • Topography: Level
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 734327
  • Tax Annual Amount: 9004.00
  • Assessor Parcel Number: 40-00-56600-159
  • Tax Lot: 051
  • Tax Year: 2016
  • Close Date: 06/09/2016

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jun 23, 2016
Sold by
Estate Of Glen Rosenwald and Rosenwald Dean
Bought by
Levin Corey Shea and Iannotti Stephanie Rose
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Karen Strid
BHHS Fox & Roach-Rosemont
List Price
$559,000
Sold Price
$450,000
Premium/Discount to List
-$109,000
-19.5%
Current Estimated Value
$1,700,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,250,902
Avg. Annual Appreciation
15.33%

Purchase Details

Closed on
Jun 27, 2012
Sold by
Alexander Stephen M and Alexander Marie C
Bought by
Rosenwald Glen
Source: Public Records

Range of Values:

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Average Value
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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
Levin Corey Shea $450,000 Attorney
Rosenwald Glen $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iannotti Stephanie Rose $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $450,000 -19.5% $218 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $559,000 -- $271 / 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
2024 $27,753 $664,550 -- --
2023 $26,596 $664,550 $0 $0
2022 $26,103 $664,550 $0 $0
2021 $25,509 $664,550 $0 $0
2020 $24,886 $664,550 $0 $0
2019 $24,447 $664,550 $0 $0
2018 $24,446 $664,550 $0 $0
2017 $7,190 $202,900 $0 $0
2016 $7,111 $265,750 $202,900 $62,850
2015 $9,003 $265,750 $202,900 $62,850
2014 $8,683 $265,750 $202,900 $62,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003471165

Bright MLS

APN: 40-00-56600-159