NOT LISTED FOR SALE

2 Skyline Dr Malvern, PA 19355

Estimated Value: $689,000 - $3,208,000

3 Beds
1 Bath
1,572 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $745,000 $474 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,714/month

8 Days on Market

Highlights

  • 2.9 Acre Lot
  • Rambler Architecture
  • Hot Water Heating System
  • Sugartown Elementary School Rated A-
  • No HOA

About This Home

As of May 2024

OFFER DEADLINE SUNDAY APRIL 7TH AT 7PM. Welcome to 2 Skyline Drive, nestled in the heart of the award-winning Great Valley School District. Calling all builders, investors, or buyers with a vision for the perfect custom home build. This is an exceptional opportunity to craft your dream residence on 2.9 acres of pristine land in a tranquil community setting. With its level topography and ample space, this property offers endless possibilities for architectural creativity and outdoor enjoyment. Imagine designing your own oasis, complete with lush gardens, serene pathways, and perhaps even a pool or tennis court. Located in a prime position on the Main Line, this address ensures convenient access to the area's finest amenities, including shopping, dining, entertainment, and top-rated schools. Whether you're seeking a serene retreat or a luxurious estate, 2 Skyline Drive provides the ideal canvas for realizing your vision. Don't miss out on this rare opportunity to create the home of your dreams in one of Pennsylvania's most sought-after areas. Seize the chance to build your legacy!

Last Agent to Sell the Property

Matt Gorham

(610) 842-2686 matt@mattgorhamteam.com Keller Williams Real Estate -Exton Listed on: 04/01/2024

Keller Williams Real Estate -Exton

Last Buyer's Agent

Matt Gorham

(610) 842-2686 matt@mattgorhamteam.com Keller Williams Real Estate -Exton Listed on: 04/01/2024

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1952

Lot Details

  • 2.9 Acre Lot
  • Property is in below average condition
  • Property is zoned R10 RESIDENTIAL

Home Design

  • Rambler Architecture
  • Fixer Upper
  • Permanent Foundation
  • Stucco

Interior Spaces

  • 1,572 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Schools

  • Sugartown Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0074
  • Assessor Parcel Number 54-02 -0074

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,235

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1952
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1572
  • Living Area Sq Ft: 1572
  • Price Per Sq Ft: 381.68
  • Above Grade Finished Sq Ft: 1572
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SUGARTOWN
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Lot Size Acres: 2.90
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 126324.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: R10 RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 4324.00
  • Tax Annual Amount: 5235.00
  • Assessor Parcel Number: 54-02 -0074
  • Tax Lot: 0074
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 24, 2024
Sold by
Dilabbio Harry J and Dilabbio Charles V
Bought by
Grogan Inv Properties Lp
Seller's Agent
Matt Gorham
Keller Williams Real Estate -Exton
Buyer's Agent
Matt Gorham
Keller Williams Real Estate -Exton
List Price
$600,000
Sold Price
$745,000
Premium/Discount to List
$145,000
24.17%
Views
851
Current Estimated Value
$1,596,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,451
Avg. Annual Appreciation
58.27%
Original Mortgage
$7,000,000
Outstanding Balance
$6,888,721
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$5,292,270
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grogan Inv Properties Lp $745,000 Trident Land Transfer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grogan Inv Properties Lp $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $745,000 +24.2% $474 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $600,000 -- $382 / 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 $5,375 $107,280 $107,280 --
2024 $5,375 $188,640 $107,280 $81,360
2023 $5,235 $188,640 $107,280 $81,360
2022 $5,129 $188,640 $107,280 $81,360
2021 $5,026 $188,640 $107,280 $81,360
2020 $4,942 $188,640 $107,280 $81,360
2019 $4,894 $188,640 $107,280 $81,360
2018 $4,801 $188,640 $107,280 $81,360
2017 $4,801 $188,640 $107,280 $81,360
2016 $4,215 $188,640 $107,280 $81,360
2015 $4,215 $188,640 $107,280 $81,360
2014 $4,215 $188,640 $107,280 $81,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2062928

Bright MLS

APN: 54-002-0074.0000