NOT LISTED FOR SALE

1429 Orchard Way Lower Merion Township, PA 19010

Estimated Value: $1,884,817 - $1,931,000

5 Beds
4.5 Baths
4,100 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $1,440,000 $351 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,392/month

196 Days on Market

Highlights

  • New Construction
  • 3-minute walk to Rosemont
  • Colonial Architecture
  • Welsh Valley Middle School Rated A+
  • Open Floorplan
  • 4-minute walk to Unkefer Park

About This Home

As of March 2021

Exquisite new construction! Another Stunning residence from Rayer Sexton Homes, these established builders pair the finest materials and unparalleled craftsmanship into 4100+ Square feet of stunning living space. This Custom Modern Farmhouse Style Home, set on a tree lined street, will feature 5 bedrooms, 4.1 bathrooms and an attached two car garage. Large covered front porch gravitates you in to the first-floor foyer which boasts a living room, dining room, office and butler's pantry with Custom Crown molding. The chef's kitchen exudes sophistication and modern design while showcasing the highest standard of luxury with Thermador appliances and Century Cabinetry, large center island, and opens to the family room with fireplace & built ins, then flows into the separate breakfast room leading to deck. Rear mud room with powder room and entrance to garage complete the first floor. The second level features a luxurious master bedroom retreat with tray ceilings, large dressing room, en-suite with double vanities, walk-in shower and separate soaking tub. Laundry room, 3 spacious bedrooms, one with an en-suite and a full hall bathroom complete the upper level. The third floor features a fifth bedroom and it's own bathroom. There will be an option to finish the lower level and add even more space. This amazing home is in Award-Winning Lower Merion School District. Conveniently located near dining, shopping, entertainment as well as major roadways and public transportation allowing an easy commute. February 2021 delivery, Taxes TBD

Last Agent to Sell the Property

Damon Michels

KW Main Line - Narberth License #AB067731 Listed on: 06/05/2020

KW Main Line - Narberth

Co-Listed By

Chrissy Klinedinst

KW Main Line - Narberth

Last Buyer's Agent

Mary Byrnes

RE/MAX Main Line-Paoli License #1970443

RE/MAX Main Line-Paoli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,272

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 70.00 x 0.00
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R3

Parking

  • 2 Car Direct Access Garage
  • 3 Driveway Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Gladwyne Elementary School
  • Harriton Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Rayer Sexton Homes, LLC
  • Bryn Mawr Subdivision

Listing and Financial Details

  • Tax Lot 096
  • Assessor Parcel Number 40-00-44672-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,272

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Exquisite new construction! Another Stunning residence from Rayer Sexton Homes, these established builders pair the finest materials and unparalleled craftsmanship into 4100+ Square feet of stunning living space. This Custom Modern Farmhouse Style Home, set on a tree lined street, will feature 5 bedrooms, 4.1 bathrooms and an attached two car garage. Large covered front porch gravitates you in to the first-floor foyer which boasts a living room, dining room, office and butler's pantry with Custom Crown molding. The chef's kitchen exudes sophistication and modern design while showcasing the highest standard of luxury with Thermador appliances and Century Cabinetry, large center island, and opens to the family room with fireplace & built ins, then flows into the separate breakfast room leading to deck. Rear mud room with powder room and entrance to garage complete the first floor. The second level features a luxurious master bedroom retreat with tray ceilings, large dressing room, en-suite with double vanities, walk-in shower and separate soaking tub. Laundry room, 3 spacious bedrooms, one with an en-suite and a full hall bathroom complete the upper level. The third floor features a fifth bedroom and it's own bathroom. There will be an option to finish the lower level and add even more space. This amazing home is in Award-Winning Lower Merion School District. Conveniently located near dining, shopping, entertainment as well as major roadways and public transportation allowing an easy commute. February 2021 delivery, Taxes TBD
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Butlers Pantry, Built-Ins, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Screens, Double Hung, Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Breakfast Room, Laundry, Mud Room, Office, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4100
  • Living Area Sq Ft: 4100
  • Price Per Sq Ft: 353.66
  • Above Grade Finished Sq Ft: 4100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1429

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Cement Siding
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Shingle, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Elementary School: GLADWYNE
  • High School: HARRITON SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • Elementary School: GLADWYNE
  • High School: HARRITON SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 2103
  • Lot Features: Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.30
  • Lot Dimensions: 70.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13212.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R3

Building Info

  • Builder Name: Rayer Sexton Homes, LLC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4817825
  • School Tax: 31.00
  • Tax Annual Amount: 38.00
  • Assessor Parcel Number: 40-00-44672-018
  • Tax Lot: 096
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/30/2021

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Mar 18, 2021
Sold by
Rayer Sexton Homes Llc
Bought by
Macrae William Ross and Macrae Caitlyn Elaine
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Mary Byrnes
RE/MAX Main Line-Paoli
List Price
$1,450,000
Sold Price
$1,440,000
Premium/Discount to List
-$10,000
-0.69%
Total Days on Market
196
Current Estimated Value
$1,902,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,939
Avg. Annual Appreciation
5.49%
Original Mortgage
$548,250
Outstanding Balance
$425,226
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,395,255

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 19, 2020
Sold by
Flood Daniel and Flood Jennifer Schwoebel
Bought by
Rayer Sexton Homes Llc
Seller's Agent
Jen Flood
BHHS Fox & Roach-Haverford
Buyer's Agent
Damon Michels
KW Main Line - Narberth
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
422.24%
Original Mortgage
$718,875
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Bella Terra Llc
Bought by
Flood Jennifer Schwoebel and Flood Daniel

Purchase Details

Closed on
Oct 12, 2005
Sold by
Bella Terra Llc
Bought by
Bella Terra Llc
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
Macrae William Ross $1,440,000 None Available
Rayer Sexton Homes Llc $410,000 None Available
Flood Jennifer Schwoebel $349,000 None Available
Bella Terra Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macrae William Ross $548,250
Previous Owner Rayer Sexton Homes Llc $718,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $1,440,000 +251.2% $351 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
06/25/2020 06/25/20 Sold $410,000 -71.7% --
06/05/2020 06/05/20 For Sale $1,450,000 +262.5% $354 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $400,000 -- --
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
2024 $24,272 $581,170 -- --
2023 $23,259 $581,170 $0 $0
2022 $22,828 $581,170 $0 $0
2021 $38 $1,000 $0 $0
2020 $37 $1,000 $0 $0
2019 $37 $1,000 $0 $0
2018 $36 $1,000 $0 $0
2017 $35 $1,000 $0 $0
2016 $34 $1,000 $0 $0
2015 $32 $1,000 $0 $0
2014 $32 $1,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC651138

Bright MLS

APN: 40-00-44672-018