NOT LISTED FOR SALE

1242 Lafayette Rd Gladwyne, PA 19035

Estimated Value: $2,473,000 - $2,843,612

5 Beds
9 Baths
8,807 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $1,467,400 $167 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $16,267/month

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Wood Burning Stove
  • Welsh Valley Middle School Rated A+
  • Colonial Architecture
  • 3 Fireplaces

About This Home

As of July 2020

This extraordinary private retreat is set perfectly at the top of a rolling hill of Gladwyne offering an unbeatable blend of grandeur, tranquility and beautiful vistas. The home was meticulously and exquisitely renovated with the finest materials from 2009-2014 with an attention to every detail evoking a wonderful balance of space and yet remains intimate. In the top-notch gourmet kitchen with top drawer appliances including a Viking gas double range, twin dishwashers, two sinks, beverage cooler, wall ovens and deluxe walk-in pantry, you have an easy flow to the family room with its vaulted ceiling and cozy gas fireplace. Set adjacent to this gathering room and kitchen, there is access to the outdoor patio, natural gas grill and pool - this gathering space for family and friends connects beautifully to the outside. To balance this fun and busy entertaining space, there is a serene balcony off the master bedroom, wonderful for slowly waking to the morning or unwinding at the conclusion of the day. In addition to the first floor office, there is the most beautiful 3rd floor space you have ever seen! There, the options are endless! It could be an amazing office, a second family room up and away from the more active family room on the first floor, a playroom or a space dedicated to the daily routine of homework!The excitement of the home extends to the lower level where you will find a custom built climate controlled wine cellar, an extensive games and play area and a screening area. Get ready for game day as you enjoy a beautifully designed bar complete with fridge, bar tap, dishwasher and more. 1242 Lafayette has a quiet elegance paired with a welcoming warmth that make it the perfect spot to call "home". Come and visit-you don't want to miss it!

Last Agent to Sell the Property

Kate Livesey

(484) 620-4234 kathleen.livesey@foxroach.com BHHS Fox & Roach-Rosemont Listed on: 03/09/2020

BHHS Fox & Roach-Rosemont

Last Buyer's Agent

Robin Gordon

(610) 246-2281 robin@robingordon.com BHHS Fox & Roach-Haverford License #AB049690L

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,472

Year Built

  • Built in 1952 | Remodeled in 2009

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 153.00 x 0.00
  • East Facing Home
  • Sprinkler System
  • Property is zoned RA

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • 1 Elevator
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Home Security System
  • Laundry on main level
  • Partially Finished Basement

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • On Site Septic

Additional Features

  • Accessible Elevator Installed
  • In Ground Pool

Community Details

  • No Home Owners Association
  • Gladwyne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40-00-29252-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,472

Year Built

Built in 1952 | Remodeled in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Dining Room Chandelier
  • Inclusions: Bathroom mirrors; WD main floor, WD 2nd floor; Refrig; pool equip., TV brackets
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1952
  • Year Renovated: 2009
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Elevator, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Sprinkler System, Stove - Wood
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 3
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 8807
  • Living Area Sq Ft: 8807
  • Price Per Sq Ft: 214.37
  • Above Grade Finished Sq Ft: 7459
  • Below Grade Finished Sq Ft: 1348
  • Total Below Grade Sq Ft: 1348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1242

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.97
  • Lot Dimensions: 153.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42148.00
  • Zoning: RA

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 25472.00
  • Assessor Parcel Number: 40-00-29252-003
  • Tax Year: 2020
  • Close Date: 07/02/2020

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jun 30, 2020
Sold by
Heth Daniel T and Heth Rosalynn H
Bought by
Bisson Gregory and Fishman Jessica M
Seller's Agent
Kate Livesey
BHHS Fox & Roach-Rosemont
Buyer's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
List Price
$1,599,000
Sold Price
$1,467,400
Premium/Discount to List
-$131,600
-8.23%
Current Estimated Value
$2,611,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,137
Avg. Annual Appreciation
11.56%
Original Mortgage
$1,027,180
Outstanding Balance
$910,835
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,700,702

Purchase Details

Closed on
Dec 21, 2001
Sold by
Colletti Paul J and Colletti Rose Pallante
Bought by
Heth Daniel T and Heth Rosalynn H
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
Bisson Gregory $1,467,400 None Available
Heth Daniel T $614,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bisson Gregory $1,027,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $1,467,400 -8.2% $167 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $1,599,000 -- $182 / 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 $28,407 $680,210 -- --
2024 $28,407 $680,210 -- --
2023 $27,223 $680,210 $0 $0
2022 $27,223 $680,210 $0 $0
2021 $26,110 $680,210 $0 $0
2020 $25,472 $680,210 $0 $0
2019 $25,023 $680,210 $0 $0
2018 $25,022 $680,210 $0 $0
2017 $18,057 $509,590 $0 $0
2016 $17,859 $509,590 $0 $0
2015 $16,651 $509,590 $0 $0
2014 $16,651 $509,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC643696

Bright MLS

APN: 40-00-29252-003