NOT LISTED FOR SALE

Estimated Value: $3,079,000 - $3,424,000

6 Beds
6 Baths
6,500 Sq Ft
$493/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $2,825,000 $435 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $20,442/month

1 Day on Market

Highlights

  • New Construction
  • Private Pool
  • 1 Fireplace
  • Welsh Valley Middle School Rated A+
  • Contemporary Architecture
  • No HOA

About This Home

As of March 2022

1423 Spring Mill Rd is a rarely offered, completely custom, +/-6,500 sqft new construction home located in highly sought-after, Gladwyne, PA. Sat on .83 acres of land, this 6 bedroom, 6 bathroom residence features a saltwater pool, a finished basement, and a 3-car garage with electric car charging. In addition to all that’s offered in the home, it’s located in the Blue Ribbon Award winning Lower Merion school district. Lush, mature trees trace the property line providing privacy from neighboring homes. A freshly paved driveway guides you past the immaculately manicured lawn and shrubbery, toward the stunning modern, yet classic exterior. At the home’s main entrance, a two-story foyer and center staircase welcomes you inside. The bright and airy family room is filled with natural light from oversized windows, while a gas fireplace provides warmth. This space is sure to be the heart of the home, as it’s open to the spectacular chef’s kitchen that’s adorned with top-of-the-line appliances, custom cabinetry, designer finishes, a large island, and a breakfast nook with bay windows. For seamless indoor and outdoor entertaining, a pair of French doors open from the family room to the picturesque backyard that’s anchored by a saltwater pool. Off the kitchen, there’s a mudroom with access to the 3-car garage and a second staircase, a laundry room, and a full bathroom by the basement steps. On the east wing of this level, you’ll find the formal living room, a secluded study that’s perfect for working from home, a dining room that opens to the back yard, and a guest bedroom suite. On the lower level of the home, there’s a finished bonus space that’s ideal for a media room or playroom. On the second level of the home, there’s a bedroom suite at the center and two secondary bedrooms that share a Jack-and-Jill bathroom. By the home’s second staircase, there’s a separate wing with a study, a second laundry room, and a large bedroom suite. Completing this level is an east wing dedicated to the primary suite. There’s a huge bedroom, oversized walk-in closet, and a luxurious, spa-like bathroom with flanked vanities, a soaking tub, waterfall shower, and a water closet. 1423 Spring Mill Rd’s location provides easy access to Philadelphia via I-76 and the surrounding suburbs via I-676 and the PA Turnpike. *All square footage numbers are approximate and include above and below grade square footage. Square footage should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.*

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 10/19/2021

KW Empower

Co-Listed By

Arvind Balaji

KW Empower

Last Buyer's Agent

Robin Gordon

BHHS Fox & Roach-Haverford License #AB049690L

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,061

Year Built

  • 1950

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 215.00 x 0.00
  • Property is in excellent condition

Parking

  • 3 Car Direct Access Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,500 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Gladwyne Subdivision

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 40-00-56824-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,061

Year Built

1950

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2021-10-19
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1950

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 6500
  • Living Area Sq Ft: 6500
  • Price Per Sq Ft: 414.62
  • Above Grade Finished Sq Ft: 6500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1423

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Upper Level Bathrooms: 6
  • Upper Level Bathrooms: 6.00
  • Upper Level Full Bathrooms: 6

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Construction Completed: No
  • 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: Inside Access
  • 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
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.83
  • Lot Dimensions: 215.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 10441.00
  • Tax Annual Amount: 13061.00
  • Assessor Parcel Number: 40-00-56824-007
  • Tax Lot: 035
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/02/2022

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Rose Lorraine M
Bought by
1423 Spring Mill Llc
Total Days on Market
1
Current Estimated Value
$3,204,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,000
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 30, 2020
Sold by
Rose Lorraine M and Truscott William
Bought by
Rose Lorraine M

Purchase Details

Closed on
May 12, 2015
Sold by
The Bryn Mawr Trust Company
Bought by
Rose Lorraine M and Truscott William

Purchase Details

Closed on
Apr 10, 1998
Sold by
Louderback Gary R and Louderback Michele B
Bought by
Rufo Anthony M
Source: Public Records

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Range of Values:

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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
1423 Spring Mill Llc $660,000 None Available
Rose Lorraine M -- None Available
Rose Lorraine M $500,000 None Available
Rufo Anthony M $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liss Jason $1,700,000
Closed 1423 Spring Mill Llc $60,000
Closed 1423 Spring Mill Llc $1,195,000
Previous Owner Rufo Anthony M $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $2,825,000 +4.8% $435 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $2,695,000 -- $415 / 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 $41,222 $987,050 -- --
2023 $39,503 $987,050 $0 $0
2022 $13,159 $335,000 $200,000 $135,000
2021 $12,859 $335,000 $200,000 $135,000
2020 $12,545 $335,000 $200,000 $135,000
2019 $12,324 $335,000 $200,000 $135,000
2018 $12,324 $335,000 $200,000 $135,000
2017 $11,871 $335,000 $200,000 $135,000
2016 $11,741 $335,000 $200,000 $135,000
2015 $10,947 $335,000 $200,000 $135,000
2014 $10,947 $335,000 $200,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2014040

Bright MLS

APN: 40-00-56824-007