RENTED AUG 17, 2025

196 Merrin Ln Wayne, PA 19087

Estimated Value: $969,380 - $1,055,000

4 Beds
3.5 Baths
3,064 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $820,000 $268 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,298/month

Highlights

  • Scenic Views
  • Open Floorplan
  • Deck
  • New Eagle Elementary School Rated A+
  • Colonial Architecture
  • Wood Flooring

About This Home

As of August 2025

This is an amazing rental opportunity to live the luxury, new construction life in the top rated school district in PA. This lovely 4 bedroom, 3 1/2 bath luxury townhome is perfectly positioned within the community backing up to Wilson Farm Park. Step out of your backdoor and into the serenity of parks, playgrounds, woods, ponds and extraordinary green space! From the walk-up entry you are greeted by an open floor plan featuring gourmet kitchen with professional quality stainless steel appliances, quartz stone counter tops, large center island with seating, walk-in pantry, and an open layout for modern living. In the adjacent family room you will find gas fireplace surrounded by built-ins, spacious seating areas and direct access to the deck with spectacular park views! The upper floor features a spacious primary bedroom suite with walk-in closets, luxurious bath with double vanities, water closet, and walk-in glass shower. This level includes two additional bedrooms, hall bath and laundry with included washer/dryer. The lower level features family room, full bath, 4th bedroom and direct ground-level access to the park. This home has the very best of Parkview at Chesterbrook, top-rated TE schools, and all the amenities Wayne has to offer. Make this home your dream home today! Please note many of the photos used here were from when the owners purchased. Since their purchase the added molding and a wall map feature in the Living Room, mounted the TV over the fireplace and enhanced the builtins in the LR. On the lower level they upgraded the carpeting and added a plush padding. Some items could be available for the tenant to use for their personal ease should they be interested. These included the TV mounted over the LR FP and the whole entertainment system which powers TV, movies, gaming and workouts. Additional items could include counter and bar stools. Please reach out the listing agent if your clients are interested in these negotiable items . There is a TESLA charging station in the 2-car garage. The home is under contract with an ADT security system for the tenant's peace of mind and protection.

Last Agent to Rent the Property

Betty Angelucci

(610) 651-2700 betty.angelucci@foxroach.com BHHS Fox & Roach Wayne-Devon Listed on: 08/05/2025

BHHS Fox & Roach Wayne-Devon

Last Renter's Agent

Chelsea Lamb

(610) 520-0100 info@mainlinekw.com Keller Williams Main Line License #RS361369

Keller Williams Main Line

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2016

Lot Details

  • 1,248

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods
  • Valley
  • Park or Greenbelt

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Slab Foundation
  • Blown-In Insulation
  • Shingle Roof
  • Brick Front
  • HardiePlank Type

Interior Spaces

  • 3,064 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Gas Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Deck
  • Outdoor Grill

Schools

  • Conestoga High School

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Windows
  • 1,248 Sq Ft Lot
  • Suburban Location

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,200
  • Tenant pays for cable TV, cooking fuel, electricity, gas, heat, hot water, internet, light bulbs/filters/fuses/alarm care, sewer, water
  • Rent includes hoa/condo fee, HVAC maint, lawn service, trash removal
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 8/15/25
  • $40 Application Fee
  • Assessor Parcel Number 43-05 -3658

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • Parkview At Chesterbrook HOA
  • Parkview Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2016

Lot Details

1,248 Sq Ft Lot

HOA Fees

$150 per month

Parking

2

Rental Info

  • Date Available: 2025-08-15
  • Application Fee: 40.00
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee, Hvac Maint, Lawn Service, Trash Removal
  • Security Deposit: 5200.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Gas, Heat, Hot Water, Internet, Light Bulbs/Filters/Fuses/Alarm Care, Sewer, Water
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Traditional
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Gas, Dryer - Front Loading, Energy Efficient Appliances, Freezer, Humidifier, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s)
  • Window Features: Double Hung, Energy Efficient, Screens, Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall, High
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 100.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3064
  • Living Area Sq Ft: 3064
  • Price Per Sq Ft: 1.70
  • Above Grade Finished Sq Ft: 3064
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front, Hardiplank Type, Blown-In Insulation
  • Exterior Features: Bbq Grill, Sidewalks
  • Roof: Shingle
  • Spa: No
  • View: Park/Greenbelt, Scenic Vista, Trees/Woods, Valley
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA Name: PARKVIEW AT CHESTERBROOK
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • High School: CONESTOGA

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1248.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 43-05 -3658

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 29, 2021
Sold by
Subach Robert J and Subach Lizatte R
Bought by
Parekh Parag B and Parekh Nipa P
Seller's Agent
Justin Johnson
BHHS Fox & Roach-New Hope
Buyer's Agent
Bheem Bhat
Tesla Realty Group, LLC
List Price
$795,000
Sold Price
$820,000
Premium/Discount to List
$25,000
3.14%
Current Estimated Value
$1,000,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,845
Avg. Annual Appreciation
4.48%
Original Mortgage
$656,000
Outstanding Balance
$597,397
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$403,448

Purchase Details

Closed on
Nov 18, 2016
Sold by
Chesterbrook Homes Lp
Bought by
Subach Robert J and Subach Lizette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,170
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2016
Sold by
500 Chesterbrook Boulevard Lp
Bought by
Chesterbrook Homes Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parekh Parag B $820,000 Heritage Land Transfer Co
Subach Robert J $637,872 Hollister Land Services
Chesterbrook Homes Lp $1,501,830 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parekh Parag B $656,000
Previous Owner Subach Robert J $384,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2025 08/17/25 Rented $5,500 +5.8% --
08/07/2025 08/07/25 Under Contract -- -- --
08/05/2025 08/05/25 For Rent $5,200 0.0% --
07/30/2021 07/30/21 Sold $820,000 +3.1% $268 / Sq Ft View Prior Sale
04/23/2021 04/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $795,000 -- $259 / Sq Ft
Source: Bright MLS

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 $11,908 $338,070 $63,390 $274,680
2024 $11,908 $338,070 $63,390 $274,680
2023 $11,186 $338,070 $63,390 $274,680
2022 $10,897 $338,070 $63,390 $274,680
2021 $10,690 $338,070 $63,390 $274,680
2020 $10,395 $338,070 $63,390 $274,680
2019 $10,067 $338,070 $63,390 $274,680
2018 $9,867 $338,070 $63,390 $274,680
2017 $1,466 $51,450 $51,450 $0
2016 -- $51,450 $51,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2105622

Bright MLS

APN: 43-005-3658.0000

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