NOT LISTED FOR SALE

Estimated Value: $1,214,000 - $1,302,004

11.96 Acres
$105,393 Price per Acre
520,978 Sq Ft Lot

Last Sold July 16, 2012

Last sale price $4,750,000 $2,078 Per Sq Ft

Current estimated payment $8,068/month

Highlights

  • 11.96 Acre Lot
  • Welsh Valley Middle School Rated A+
  • En-Suite Primary Bedroom

About This Lot

As of July 2012

12 flat private acres across from the Philadelphia Country Club in the estate section of Gladwyne. Consisting of 5 already subdivided & separately deeded lots including: Tax parcel 40-00-56652-008 aka 1626 Spring Mill Rd. on 2.28 acres; Tax parcel 40-44-5664-005 aka 1650 Spring Mill Rd on 2.6 acres; Tax parcel 40-00-56656-004 aka 1145 Ginkgo Ln on 1.96 acres; Tax parcel 40-00-19236-002 aka 1125 Ginkgo Ln on 2.50 acres & Tax parcel 40-00-19237-001 aka 1135 Ginkgo Ln on 2.50 acres. This magnificent estate property sits majestically across from the Philadelphia Country Club with 360 degree sweeping panoramic views. No builder tie-in. This is one of the few remaining opportunities left in Gladwyne to create the estate or estates of your dreams! There are 3 houses on site all sold in as-is condition and there are 2 vacant lots. Rare opportunity to build 1 or 5 homes.

Last Agent to Sell the Property

Andrea Desy Edrei

(917) 968-7848 andreasellsnyc@gmail.com SERHANT PENNSYLVANIA LLC License #RS279858 Listed on: 04/13/2012

SERHANT PENNSYLVANIA LLC

Last Buyer's Agent

Lavinia Smerconish

(610) 615-5400 lavinia@laviniasmerconish.com Compass RE License #RS149832A

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,397

Lot Details

  • 11.96 Acre Lot
  • The property's topography is level
  • Property is zoned RAA

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Approved Septic System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 40-00-56652-008 ET AL

Property Details

Property Type

Land

Est. Annual Taxes

$48,397

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Master Bedroom
  • Price Per Sq Ft: 12.05

Exterior Features

  • Road Surface Type: Paved

Utilities

  • Sewer/Septic System: Approved System, Septic Exists, On Site Septic
  • Utilities: Water Available, Natural Gas Available, Electric Available
  • Water Source: Public

Schools

  • School District: LOWER MERION
  • Elementary School: GLADWYNE
  • Middle School: WELSH VALLEY
  • High School: HARRITON SENIOR
  • School District Key: 300200396851

Lot Info

  • Lot Size Acres: 11.96
  • Lot Dimensions: 11.96, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 520977.00
  • Topography: Level
  • Zoning: RAA

Tax Info

  • Assessor Parcel Number: 734342
  • Tax Annual Amount: 48397.0
  • Assessor Parcel Number: 40-00-56652-008 ET AL
  • Tax Lot: 022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Ascenzo Keith and Baumstein Graeme
Bought by
Ascenzo Keith and Baumstein Graeme
Current Estimated Value
$1,260,501

Purchase Details

Closed on
Apr 2, 2024
Sold by
Baumstein Edward S and Baumstein Brucie F
Bought by
Ascenzo Keith and Baumstein Graeme

Purchase Details

Closed on
Nov 17, 2023
Sold by
Hbp2 Llc
Bought by
Baumstein Edward S and Baumstein Brucie F

Purchase Details

Closed on
Jun 19, 2018
Sold by
Baumstein Edward S and Baumstein Brucie F
Bought by
Hbp2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2012
Closed on
Jul 13, 2012
Sold by
Rubin Michael
Bought by
Baumstein Edward S and Baumstein Brucie F
Seller's Agent
Andrea Desy Edrei
SERHANT PENNSYLVANIA LLC
Buyer's Agent
Lavinia Smerconish
Compass RE
List Price
$6,279,000
Sold Price
$4,750,000
Premium/Discount to List
-$1,529,000
-24.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.95%

Purchase Details

Closed on
Jan 2, 2008
Sold by
Willoughby Roberta M and Willoughby Alan T
Bought by
Rubin Michael

Purchase Details

Closed on
Jul 13, 2006
Sold by
Pnc Bank Na Tr and Read William B
Bought by
Willoughby Alan T and Willoughby Roberta Milne
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
Ascenzo Keith -- None Listed On Document
Ascenzo Keith -- None Listed On Document
Baumstein Edward S -- None Listed On Document
Hbp2 Llc $750,585 None Available
Baumstein Edward S -- None Available
Rubin Michael $1,500,000 None Available
Willoughby Alan T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hbp2 Llc $993,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $4,750,000 -24.4% $2,078 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $6,279,000 -- $2,747 / 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
2025 $16,944 $405,720 -- --
2024 $16,944 $405,720 -- --
2023 $16,237 $405,720 $0 $0
2022 $15,937 $405,720 $0 $0
2021 $15,574 $405,720 $0 $0
2020 $15,193 $405,720 $0 $0
2019 $14,925 $405,720 $0 $0
2018 $14,925 $405,720 $0 $0
2017 $14,377 $405,720 $0 $0
2016 $14,218 $405,720 $0 $0
2015 $13,257 $405,720 $0 $0
2014 $13,257 $405,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003440957

Bright MLS

APN: 40-00-56652-008