NOT LISTED FOR SALE

Estimated Value: $1,537,000 - $2,741,000

4 Beds
5 Baths
6,218 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $1,025,000 $165 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,909/month

123 Days on Market

Highlights

  • In Ground Pool
  • Water Oriented
  • Deck
  • Welsh Valley Middle School Rated A+
  • Colonial Architecture
  • Pond

About This Home

As of March 2013

A truly magnificent home in the exclusive Summit enclave in the neighborhood of Northwood. This 6200 sq ft French Colonial had no expense spared in its construction and in its professional decorating & landscaping. Expansive open foyer, gourmet kitchen, open family room with firepl, study, formal living and dining rooms, butlers pantry w dumbwaiter, powder rm & large deck encompasses the 1st floor. Master bedroom has large sitting rm/dressing rm with fireplace, large walk in closet plus master bath with steam shower, jetted tub & a private deck with incredible views. 3 additional bedrooms plus 2 more full baths, sitting room, another 2nd floor deck & laundry complete the 2nd floor. Basement is finished walkout with large game room, wet bar, powder room & multi level theater room. There is a large heated pool, patio, pond with waterfall & gas firepit. The house includes an elevator, 3 car garage, lawn sprinkler system & a central vac. Located in the prestigious Lower Merion SD.

Last Agent to Sell the Property

Jeffrey Bryant

Springer Realty Group Listed on: 07/16/2012

Springer Realty Group

Last Buyer's Agent

Bill Cook

BHHS Fox & Roach-Haverford License #RS-206535-L

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,031

Year Built

  • Built in 2005

Lot Details

  • 2,170 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Property is in good condition
  • Property is zoned RAA

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Stucco

Interior Spaces

  • 6,218 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near a pond
  • Pond
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, lawn maintenance, snow removal
  • $1,000 Other One-Time Fees

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 40-00-64995-215

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,031

Year Built

Built in 2005

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Home Theater Equipment, Window Treatments, Pool Table, Shuffleboard Ta
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Master Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Central Vacuum, Elevator, Wet/Dry Bar, Kitchen - Eat-In
  • Fireplace Features: Marble, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 6218
  • Living Area Sq Ft: 6218
  • Net Sq Ft: 6218.00
  • Price Per Sq Ft: 176.91
  • Above Grade Finished Sq Ft: 6218
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Access To Pool: Yes
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Pitched
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 267.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA: Yes

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time

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

  • Land Use Code: 1101
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2170.00
  • Outdoor Living Structures: Deck(s), Roof, Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RAA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 736685
  • Tax Annual Amount: 21031.00
  • Assessor Parcel Number: 40-00-64995-215
  • Tax Lot: 161
  • Tax Year: 2012
  • Close Date: 03/25/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Feb 13, 2013
Sold by
Korver Kyle E
Bought by
Naik Archit and Naik Mukti
Seller's Agent
Jeffrey Bryant
Springer Realty Group
Buyer's Agent
Bill Cook
BHHS Fox & Roach-Haverford
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Current Estimated Value
$1,882,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,529
Avg. Annual Appreciation
5.57%
Original Mortgage
$820,000
Outstanding Balance
$587,598
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,417,577

Purchase Details

Closed on
Sep 20, 2005
Sold by
Appaloosa Dev Corp
Bought by
Korver Kyle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Naik Archit $1,025,000 None Available
Korver Kyle E $1,711,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naik Archit $100,000
Closed Naik Archit $50,000
Open Naik Archit $820,000
Previous Owner Korver Kyle E $1,000,000
Previous Owner Appaloosa Development Corp $408,400
Previous Owner Appaloosa Dev Corp $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $1,025,000 -6.8% $165 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
10/20/2012 10/20/12 Price Changed $1,100,000 -8.3% $177 / Sq Ft
08/24/2012 08/24/12 Price Changed $1,200,000 -4.0% $193 / Sq Ft
07/16/2012 07/16/12 For Sale $1,250,000 -- $201 / 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 $28,015 $670,800 -- --
2023 $26,847 $670,800 $0 $0
2022 $26,349 $670,800 $0 $0
2021 $25,749 $670,800 $0 $0
2020 $25,120 $670,800 $0 $0
2019 $24,677 $670,800 $0 $0
2018 $24,677 $670,800 $0 $0
2017 $23,770 $670,800 $0 $0
2016 $23,508 $670,800 $0 $0
2015 $21,919 $670,800 $0 $0
2014 $21,919 $670,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003443259

Bright MLS

APN: 40-00-64995-215