NOT LISTED FOR SALE

Estimated Value: $1,428,000 - $1,498,000

4 Beds
4 Baths
3,808 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $900,000 $236 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,718/month

107 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Eat-In Kitchen
  • Welsh Valley Middle School Rated A+
  • No HOA
  • Living Room

About This Home

As of August 2015

2 Gunning Lane, a beautifully maintained Main Line colonial style home situated on an lovely 1.2 acre property is one of only 3 homes on this private Gladwyne cul-de-sac. Step onto the terraced rear patio and appreciate the well-manicured lawn, lovely beds and serene privacy created by mature trees, evergreen shrubbery and earth toned fencing. Entering through the front door through a covered flagstone portico, the 2 story foyer features a slate floor opens to the formal powder room and a step down sun filled formal living room. A focal point is the charming fireplace surrounded by a traditional white mantel. Step up from the living room through a wide doorway to the formal dining room, spacious enough to accommodate a large holiday gathering, featuring chair rail and crown molding accents. Continue to the expertly remodeled kitchen complete with a "Nettune Bordeaux" tone granite topped center island with an integrated, vented cook-top. A convenient coffee bar, finished with a rich black granite top sits between the double door stainless steel refrigerator and a chest of furniture quality custom cabinetry and pantry. An oven and microwave are built into off-white curved cabinetry on the opposite wall next to the deep stainless steel sink mounted underneath a black granite countertop. The breakfast room sits between the kitchen and family room with 2 windows overlooking the private backyard. From the spacious fireside family room a doorway accesses both the laundry, attached 2 car garage and sliding glass doors to the rear patio. Downstairs, the basement is finished into a cozy, carpeted, space with additional unfinished storage and a utility room. The second level includes a thoughtfully redesigned master bedroom and bath, including a large walk-in closet and a tastefully decorated bathroom that includes a double bowl vanity and over sized marble shower with glass surround. The additional 3 bedrooms are spacious and feature ample closet space. A large hall bath with tub and shower and a unique adjacent powder room complete the second floor living space. There are pull down stairs in the second floor hallway that provide attic access. The rear patio is an inviting, tiered design, easily accessed from the family room and offers splendid views and quiet enjoyment of the deep, private back yard. A move-in condition home, conveniently located in the heart of Gladwyne.

Last Agent to Sell the Property

Jeff Pendergast

Compass RE Listed on: 04/01/2015

Compass RE

Last Buyer's Agent

Beth Mulholland

BHHS Fox & Roach Wayne-Devon

BHHS Fox & Roach Wayne-Devon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,758

Year Built

  • Built in 1975

Lot Details

  • 1.2 Acre Lot
  • Property is in good condition
  • Property is zoned RA

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces

Outdoor Features

  • Shed

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 052
  • Assessor Parcel Number 40-00-21760-502

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,758

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Mbr And Basement Tv's And Mounting Hardware, 2 Safes In The Mbr Closet
  • Inclusions: Washer, Dryer And Refrigerator
  • New Construction: No
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3808
  • Living Area Sq Ft: 3808
  • Net Sq Ft: 3804.00
  • Price Per Sq Ft: 301.15
  • Above Grade Finished Sq Ft: 3304
  • Below Grade Finished Sq Ft: 504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

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 Size Acres: 1.20
  • Lot Dimensions: 169
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43361.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12758.00
  • Assessor Parcel Number: 40-00-21760-502
  • Tax Lot: 052
  • Tax Year: 2015
  • Close Date: 08/07/2015

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Aug 3, 2015
Sold by
Brown Richard N and Brown Jennifer W
Bought by
Davis Adam C and Davis Jessica L
Seller's Agent
Jeff Pendergast
Compass RE
Buyer's Agent
Beth Mulholland
BHHS Fox & Roach Wayne-Devon
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Current Estimated Value
$1,541,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,055
Avg. Annual Appreciation
4.97%
Original Mortgage
$720,000
Outstanding Balance
$574,683
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$888,885

Purchase Details

Closed on
Jun 29, 2001
Sold by
Silvi Gary and Silvi Monique J
Bought by
Brown Richard N and Brown Jennifer W

Purchase Details

Closed on
Jan 31, 1997
Sold by
Redman Jerry L and Redman Carole J
Bought by
Silvi Gary and Silvi Monique J
Source: Public Records

Range of Values:

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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
Davis Adam C $900,000 None Available
Brown Richard N $590,000 --
Silvi Gary $292,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Adam C $720,000
Previous Owner Brown Richard N $675,000
Previous Owner Brown Richard N $688,000
Previous Owner Brown Richard N $200,000
Previous Owner Brown Richard N $802,000
Previous Owner Brown Richard N $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $900,000 -9.5% $236 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $995,000 -- $261 / 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 $15,869 $380,000 $181,860 $198,140
2023 $15,208 $380,000 $181,860 $198,140
2022 $14,926 $380,000 $181,860 $198,140
2021 $14,586 $380,000 $181,860 $198,140
2020 $14,230 $380,000 $181,860 $198,140
2019 $13,979 $380,000 $181,860 $198,140
2018 $13,978 $380,000 $181,860 $198,140
2017 $13,465 $380,000 $181,860 $198,140
2016 $13,317 $380,000 $181,860 $198,140
2015 $12,874 $380,000 $181,860 $198,140
2014 $12,417 $380,000 $181,860 $198,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003466039

Bright MLS

APN: 40-00-21760-502