NOT LISTED FOR SALE

1542 Morstein Rd Malvern, PA 19355

Estimated Value: $710,000 - $993,000

5 Beds
3.5 Baths
3,102 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $533,500 $172 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,339/month

277 Days on Market

Highlights

  • Paddocks
  • Second Garage
  • Colonial Architecture
  • Sugartown Elementary School Rated A-
  • 6.2 Acre Lot
  • Barn or Farm Building

About This Home

As of August 2012

Hold your horses! In fact you can let your horses roam the pastures of this fabulous property in Malvern. A setting that meets the needs of assorted uses from vinyards to hobby farmers with the large open hay field, or someone looking for the perfect place for their new estate home. Set well back from the road on over 6 bucolic acres and this 5 bedroom 3 and bath colonial home has great vistas of the fenced fields. A covered porch just off the library connects with a brick patio to doors flanking the living room fireplace. Master bedroom suite, second floor study with top floor sunning deck which leads to a bonus in-law suite. Oversize 2 car garage as well as a separate carriage shed within the circular drive, Stables with 2 box stalls, one standing stall and tack room with hay loft above complete this as a horse country property. Aggressively priced, this is the most affordable developed horse ready acreage in E. Whiteland Twp. Two tax parcels included in this offering 42-06-0046.0100 and 42-06-0042

Last Agent to Sell the Property

Vince mclaughlin

Long & Foster Real Estate, Inc. Listed on: 09/13/2011

Last Buyer's Agent

Eve Marberger

BHHS Fox & Roach-West Chester

BHHS Fox & Roach-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,454

Year Built

  • Built in 1902

Lot Details

  • 6.2 Acre Lot
  • Flag Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Second Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Marble Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms

Schools

  • K.D. Markley Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Oil Water Heater
  • On Site Septic

Additional Features

  • Shed
  • Barn or Farm Building
  • Paddocks

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0046.0100
  • Assessor Parcel Number 42-06 -0046.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,454

Year Built

Built in 1902

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Microwave, As Is
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1902
  • Remarks Public: Hold your horses! In fact you can let your horses roam the pastures of this fabulous property in Malvern. A setting that meets the needs of assorted uses from vinyards to hobby farmers with the large open hay field, or someone looking for the perfect place for their new estate home. Set well back from the road on over 6 bucolic acres and this 5 bedroom 3 and bath colonial home has great vistas of the fenced fields. A covered porch just off the library connects with a brick patio to doors flanking the living room fireplace. Master bedroom suite, second floor study with top floor sunning deck which leads to a bonus in-law suite. Oversize 2 car garage as well as a separate carriage shed within the circular drive, Stables with 2 box stalls, one standing stall and tack room with hay loft above complete this as a horse country property. Aggressively priced, this is the most affordable developed horse ready acreage in E. Whiteland Twp. Two tax parcels included in this offering 42-06-0046.0100 and 42-06-0042
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bath(s), Butlers Pantry, Kitchen - Eat-In
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 1542

Beds/Baths

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

Exterior Features

  • Other Structures: Shed, 2nd Garage, Barn/Farm Building
  • Other Structures List: Shed, 2nd Garage, Barn/Farm Building
  • Construction Materials: Stucco, Wood Siding, Brick
  • Access To Pool: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Zoned
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: GREAT VALLEY
  • Elementary School: K.D. MARKLEY
  • Middle School: GREAT VALLEY
  • High School: GREAT VALLEY
  • School District Key: 300200397337
  • Elementary School: K.D. MARKLEY
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Horse Amenities: Paddock
  • Land Use Code: V10
  • Lot Features: Flag
  • Lot Size Acres: 6.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 182952.00
  • Outdoor Living Structures: Roof
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 310978
  • Tax Annual Amount: 7454.00
  • Assessor Parcel Number: 42-06 -0046.0100
  • Tax Lot: 0046.0100
  • Tax Year: 2011
  • Close Date: 08/03/2012

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2011
Closed on
Jul 26, 2012
Sold by
Kling Thomas R and Kling Mary Carol
Bought by
Wendkos Stacy L
Seller's Agent
Vince mclaughlin
Long & Foster Real Estate, Inc.
Buyer's Agent
Eve Marberger
BHHS Fox & Roach-West Chester
List Price
$619,900
Sold Price
$533,500
Premium/Discount to List
-$86,400
-13.94%
Current Estimated Value
$884,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,310
Avg. Annual Appreciation
3.96%
Original Mortgage
$417,000
Outstanding Balance
$290,309
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$594,501
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
Wendkos Stacy L $533,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendkos Stacy L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $533,500 -11.1% $172 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
01/05/2012 01/05/12 Price Changed $599,900 -3.2% $193 / Sq Ft
09/13/2011 09/13/11 For Sale $619,900 -- $200 / 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 $6,221 $217,100 $70,120 $146,980
2023 $6,061 $217,100 $70,120 $146,980
2022 $5,939 $217,100 $70,120 $146,980
2021 $5,820 $217,100 $70,120 $146,980
2020 $5,724 $217,100 $70,120 $146,980
2019 $5,668 $217,100 $70,120 $146,980
2018 $5,561 $217,100 $70,120 $146,980
2017 $5,561 $217,100 $70,120 $146,980
2016 $4,785 $217,100 $70,120 $146,980
2015 $4,785 $217,100 $70,120 $146,980
2014 $4,785 $217,100 $70,120 $146,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003549723

Bright MLS

APN: 42-006-0042.0000