1520 Spring Mill Rd Gladwyne, PA 19035
Gladwyne NeighborhoodEstimated Value: $1,660,000 - $2,438,000
7
Beds
4.5
Baths
5,890
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- Private Pool
- 5.02 Acre Lot
- 5 Fireplaces
- Welsh Valley Middle School Rated A+
- Colonial Architecture
- No HOA
About This Home
As of March 2024"Kimberlea" stands as a timeless masterpiece set on a sprawling 5-acre estate in Gladwyne, adjacent to the 9th hole of the Philadelphia Country Club. Built in 1832, this iconic estate property is ready for a transformative new chapter. The expansive grounds, once dedicated to equestrian pursuits, now boast mature trees, specimen plantings, and panoramic views, creating an ambiance rich in history and potential.
The main residence, characterized by Federal style architecture, seamlessly blends old-world charm with modern possibilities. The inviting living room, complete with a fireplace and library nook, and French doors open onto a tranquil patio. The grand dining room flows into a butler's pantry and an eat-in kitchen overlooking a peaceful swimming pool. The residence has a recently updated 7/8 inch cedar shake roof.
Upstairs, the second floor reveals three spacious bedrooms with fireplaces and two baths, while the third floor offers four additional bedrooms and two baths. These spaces can easily transform into study rooms or creative spaces for crafts and gift-wrapping.
While "Kimberlea" has been lovingly maintained and doesn't require immediate restoration, it is indeed a BIG project ready to be shaped by ambitious visions. The sellers welcome offers from buyers eager to infuse their personality into this grand estate.
Imagine transforming the historical stone bank barn into a lively Party Barn, complete with indoor pickle ball, half-court basketball, and a movie/play room. The vast property has ample space for a tennis court and putting green, promising five acres of fun and leisure. The kitchen, not part of the original structure, can be expanded towards the barn, creating an open-concept family room with an attached garage. The carriage house presents opportunities for a secluded home office, private gym, or an in-law cottage.
The living room, traditionally formal, can be re-imagined to include a library and a pool table, creating a space for relaxation and entertainment.
"Kimberlea" is a unique opportunity for those who are passionate about crafting a home tailored to their desires. Located close to award-winning schools and major transportation routes, and imbued with the esteemed ambiance of the Philadelphia Country Club, this estate is a canvas for dreams.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,466
Year Built
- Built in 1830
Lot Details
- 5.02 Acre Lot
- Lot Dimensions are 280.00 x 0.00
Parking
- 2 Car Detached Garage
- 8 Driveway Spaces
Home Design
- Colonial Architecture
- Stone Foundation
- Stucco
Interior Spaces
- 5,890 Sq Ft Home
- Property has 3 Levels
- 5 Fireplaces
- Family Room
- Living Room
- Dining Room
- Den
- Laundry on main level
- Unfinished Basement
Bedrooms and Bathrooms
- 7 Bedrooms
Pool
- Private Pool
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
- Gladwyne Subdivision
Listing and Financial Details
- Assessor Parcel Number 40-00-56628-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2024
Closed on
Mar 12, 2024
Sold by
Colen Joseph E
Bought by
Colen Joseph E and Keating Joanna Cathryn
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
Daniel Leigh
Duffy Real Estate-Narberth
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Total Days on Market
6
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,834
Avg. Annual Appreciation
-4.44%
Original Mortgage
$1,380,000
Outstanding Balance
$1,363,683
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$812,483
Purchase Details
Closed on
Apr 10, 1980
Bought by
Colen Joseph E
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Similar Homes in Gladwyne, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colen Joseph E | $2,300,000 | None Listed On Document | |
| Colen Joseph E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Colen Joseph E | $1,380,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2024 03/07/24 | Sold | $2,300,000 | -7.8% | $390 / Sq Ft |
| 01/18/2024 01/18/24 | Pending | -- | -- | -- |
| 01/12/2024 01/12/24 | For Sale | $2,495,000 | -- | $424 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $32,901 | $787,800 | $459,770 | $328,030 |
| 2023 | $31,529 | $787,800 | $459,770 | $328,030 |
| 2022 | $30,945 | $787,800 | $459,770 | $328,030 |
| 2021 | $30,240 | $787,800 | $459,770 | $328,030 |
| 2020 | $29,501 | $787,800 | $459,770 | $328,030 |
| 2019 | $28,981 | $787,800 | $459,770 | $328,030 |
| 2018 | $28,980 | $787,800 | $459,770 | $328,030 |
| 2017 | $27,916 | $787,800 | $459,770 | $328,030 |
| 2016 | $27,609 | $787,800 | $459,770 | $328,030 |
| 2015 | $25,742 | $787,800 | $459,770 | $328,030 |
| 2014 | $25,742 | $787,800 | $459,770 | $328,030 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Gordon
Seller's Agent in 2024
Robin Gordon
BHHS Fox & Roach
(610) 246-2280
42 in this area
1,240 Total Sales
-
Daniel Leigh
Buyer's Agent in 2024
Daniel Leigh
Duffy Real Estate-Narberth
(484) 571-2317
2 in this area
49 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2093026
APN: 40-00-56628-005
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