NOT LISTED FOR SALE

204 Merion Rd Merion Station, PA 19066

Estimated Value: $1,622,692 - $2,137,000

5 Beds
4.5 Baths
7,125 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $1,275,000 $179 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,532/month

Highlights

  • 1.38 Acre Lot
  • 1-minute walk to Merion
  • 2 Fireplaces
  • Merion Elementary School Rated A+
  • Colonial Architecture
  • 3-minute walk to Merion Botanical Park

About This Home

As of June 2014

See how this newly renovated home is a prime example of how classic elegance meets 2013 amenities 7000 Sq ft, 1st floor is ideal for entertaining Formal living room, dining room, sunken family room and all marble library. Kitchen will all tumbled marble floor, 6 burner Viking stove, and Bosch dishwasher. Beautiful light colored custom cabinetry the flow of this floor is super! Second floor has master suite with gallery and lovely tile bath; plus four additional bedrooms and 2 full baths. Third floor has 2nd kitchen, all marble bath and 3 bedrooms. 3 car garage all set on 1 3/4 acres in the heart of LOWER MERION.

Last Agent to Sell the Property

Nancy Alperin

(215) 620-0099 Nancyalperin@maxwellrealty.com MAXWELL REALTY COMPANY Listed on: 03/14/2013

Last Buyer's Agent

Richard Li

(267) 767-7612 richard4493@gmail.com Liberty Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,449

Year Built

  • Built in 1918

Lot Details

  • 1.38 Acre Lot
  • Property is zoned RAA

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • 7,125 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Merion Subdivision

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 40-00-36916-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,449

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Remarks Public: See how this newly renovated home is a prime example of how classic elegance meets 2013 amenities 7000 Sq ft, 1st floor is ideal for entertaining Formal living room, dining room, sunken family room and all marble library. Kitchen will all tumbled marble floor, 6 burner Viking stove, and Bosch dishwasher. Beautiful light colored custom cabinetry the flow of this floor is super! Second floor has master suite with gallery and lovely tile bath; plus four additional bedrooms and 2 full baths. Third floor has 2nd kitchen, all marble bath and 3 bedrooms. 3 car garage all set on 1 3/4 acres in the heart of LOWER MERION.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 7125
  • Living Area Sq Ft: 7125
  • Net Sq Ft: 7125.00
  • Price Per Sq Ft: 202.81
  • Above Grade Finished Sq Ft: 7125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: 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: 3
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 1.38
  • Lot Dimensions: 377
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59992.00
  • Zoning: RAA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 727575
  • Tax Annual Amount: 15449.00
  • Assessor Parcel Number: 40-00-36916-007
  • Tax Lot: 105
  • Tax Year: 2014
  • Close Date: 06/12/2014

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 6, 2014
Sold by
204 Merion Road Llc
Bought by
Li Jessica Ping and Li Richard Quan
Seller's Agent
Nancy Alperin
MAXWELL REALTY COMPANY
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$1,475,000
Sold Price
$1,275,000
Premium/Discount to List
-$200,000
-13.56%
Current Estimated Value
$1,855,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,564
Avg. Annual Appreciation
3.37%
Original Mortgage
$850,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Palumbo Francis C and Palumbo Franca M
Bought by
204 Merion Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.99%
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
Li Jessica Ping $1,275,000 None Available
204 Merion Road Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Jessica Ping $850,000
Previous Owner 204 Merion Road Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $1,275,000 -11.8% $179 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
03/28/2014 03/28/14 Price Changed $1,445,000 0.0% $203 / Sq Ft
08/27/2013 08/27/13 Rented $6,000 -99.6% --
08/26/2013 08/26/13 Under Contract -- -- --
08/13/2013 08/13/13 Price Changed $1,399,000 +3.6% $196 / Sq Ft
07/15/2013 07/15/13 Price Changed $1,349,900 -1.4% $189 / Sq Ft
06/14/2013 06/14/13 Price Changed $1,369,000 -2.1% $192 / Sq Ft
05/15/2013 05/15/13 Price Changed $1,399,000 -3.5% $196 / Sq Ft
04/08/2013 04/08/13 Price Changed $1,449,000 -1.8% $203 / Sq Ft
03/14/2013 03/14/13 For Sale $1,475,000 0.0% $207 / Sq Ft
03/05/2013 03/05/13 For Rent $7,000 +16.7% --
06/18/2012 06/18/12 Rented $6,000 0.0% --
06/18/2012 06/18/12 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $6,000 -- --
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 $20,339 $487,000 $83,510 $403,490
2024 $20,339 $487,000 $83,510 $403,490
2023 $19,491 $487,000 $83,510 $403,490
2022 $19,129 $487,000 $83,510 $403,490
2021 $18,694 $487,000 $83,510 $403,490
2020 $18,237 $487,000 $83,510 $403,490
2019 $17,915 $487,000 $83,510 $403,490
2018 $17,916 $487,000 $83,510 $403,490
2017 $17,257 $487,000 $83,510 $403,490
2016 $17,068 $487,000 $83,510 $403,490
2015 $15,913 $487,000 $83,510 $403,490
2014 $15,913 $487,000 $83,510 $403,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003366536

Bright MLS

APN: 40-00-36916-007