NOT LISTED FOR SALE

221 Spring Rd Malvern, PA 19355

Estimated Value: $3,791,541 - $5,781,000

6 Beds
11 Baths
18,942 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $2,760,000 $146 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $29,569/month

30 Days on Market

Highlights

  • Second Kitchen
  • Tennis Courts
  • Sauna
  • Sugartown Elementary School Rated A-
  • In Ground Pool
  • 18.8 Acre Lot

About This Home

As of November 2016

NO RESERVE AUCTION: October 28. Previously listed at $6.2M. Expansive European-style manor home on 18.8 acres exquisitely appointed in designer finishes and amenities, built for entertaining and family recreation. The original stone structure was built in 1755, expanded upon in 2002, and features Brazilian cherry floors, imported French floating limestone staircase, barrel arch, angled, exposed beam, and vaulted ceilings throughout. Spaces include a gourmet, country kitchen with a large Travertine island and outdoor dining terrace; a formal dining room with dining terrace access; a private master sanctuary with French doors to the balcony with garden view, a fireplace and custom built-ins, two custom walk-in closets and dressing room, and a 2-person shower with rainfall showerhead; a self-contained guest suite with a private terrace; a library/office with built-ins, hidden storage, and access to a private outdoor patio; an art Deco 8-person home theater outfitted with professional-grade film and sound; a billiards room with wet bar; a lower level built for leisure that includes a music room, full cardio and weight-training gym, commercial-size sauna, and kitchenette; a rotunda with 2 sculpture/art niches; and a bright central gallery "salon" with picture window and access to gardens. The property offers multi-tiered terraces, a covered porch, outdoor fireplace, tennis and basketball courts, pool with grass and slate lounging area, 17th-Century fountain, fully stocked pond, vegetable and cutting gardens, specimen trees, shrubs, and unique perennials. Located 30 miles outside of Philadelphia, 2 miles to SEPTA station with a 45-min commute to central Philadelphia, and 35 mins to Philadelphia International Airport. Open Thursday-Sunday, 11AM-1PM & by appointment.

Last Agent to Sell the Property

Melodie Kahr

BHHS Fox & Roach At the Harper, Rittenhouse Square License #AB066091 Listed on: 10/01/2016

BHHS Fox & Roach At the Harper, Rittenhouse Square

Last Buyer's Agent

Jody Vandegrift

BHHS Fox & Roach Malvern-Paoli License #RS324958

BHHS Fox & Roach Malvern-Paoli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,893

Year Built

  • Built in 2001

Lot Details

  • 18.8 Acre Lot
  • Lot Dimensions are 88x928
  • Open Lot
  • Sloped Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned RA

Parking

  • 4 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Wood Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 18,942 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Balcony
  • Patio
  • Porch

Farming

  • Spring House

Utilities

  • Air Filtration System
  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Radnor Hunt Subdivision

Listing and Financial Details

  • Tax Lot 0189
  • Assessor Parcel Number 54-03 -0189

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,893

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Please Inquire
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2001
  • Remarks Public: NO RESERVE AUCTION: October 28. Previously listed at $6.2M. Expansive European-style manor home on 18.8 acres exquisitely appointed in designer finishes and amenities, built for entertaining and family recreation. The original stone structure was built in 1755, expanded upon in 2002, and features Brazilian cherry floors, imported French floating limestone staircase, barrel arch, angled, exposed beam, and vaulted ceilings throughout. Spaces include a gourmet, country kitchen with a large Travertine island and outdoor dining terrace; a formal dining room with dining terrace access; a private master sanctuary with French doors to the balcony with garden view, a fireplace and custom built-ins, two custom walk-in closets and dressing room, and a 2-person shower with rainfall showerhead; a self-contained guest suite with a private terrace; a library/office with built-ins, hidden storage, and access to a private outdoor patio; an art Deco 8-person home theater outfitted with professional-grade film and sound; a billiards room with wet bar; a lower level built for leisure that includes a music room, full cardio and weight-training gym, commercial-size sauna, and kitchenette; a rotunda with 2 sculpture/art niches; and a bright central gallery "salon" with picture window and access to gardens. The property offers multi-tiered terraces, a covered porch, outdoor fireplace, tennis and basketball courts, pool with grass and slate lounging area, 17th-Century fountain, fully stocked pond, vegetable and cutting gardens, specimen trees, shrubs, and unique perennials. Located 30 miles outside of Philadelphia, 2 miles to SEPTA station with a 45-min commute to central Philadelphia, and 35 mins to Philadelphia International Airport. Open Thursday-Sunday, 11AM-1PM & by appointment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Sauna, Central Vacuum, Air Filter System, 2nd Kitchen, Exposed Beams, Wet/Dry Bar, Intercom, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 40
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor, Upper Floor, Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 18942
  • Living Area Sq Ft: 18942
  • Net Sq Ft: 18942.00
  • Price Per Sq Ft: 327.31
  • Above Grade Finished Sq Ft: 18942
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 221

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 11
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 6.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 6
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Spring House
  • Other Structures List: Spring House
  • Construction Materials: Stone
  • Access To Pool: Yes
  • Exterior Features: Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Pitched, Wood
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337

Lot Info

  • Improvement Assessed Value: 2326070.00
  • Land Assessed Value: 6960.00
  • Land Use Code: R10
  • Lot Features: Sloping, Open, Trees/Wooded
  • Lot Size Acres: 18.80
  • Lot Dimensions: 88X928
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 818928.00
  • Outdoor Living Structures: Patio(s), Porch(es), Balcony
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 353367
  • Tax Annual Amount: 58893.00
  • Assessor Parcel Number: 54-03 -0189
  • Tax Lot: 0189
  • Tax Year: 2016
  • Close Date: 11/29/2016

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Nov 29, 2016
Sold by
Kirby Michael G and Kirby Deborah
Bought by
Seaspring Real Estate Partners Llc
Seller's Agent
Melodie Kahr
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Jody Vandegrift
BHHS Fox & Roach Malvern-Paoli
List Price
$6,200,000
Sold Price
$2,760,000
Premium/Discount to List
-$3,440,000
-55.48%
Current Estimated Value
$4,684,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,924,180
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Jan 18, 2002
Sold by
Kirby Michael G
Bought by
Kirby Michael G and Kirby Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
7.14%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 25, 2000
Sold by
Neilson Janneke S J
Bought by
Kirby Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.87%
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
Seaspring Real Estate Partners Llc $2,760,000 None Available
Kirby Michael G -- --
Kirby Michael G $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirby Michael G $5,055,000
Previous Owner Kirby Michael G $5,000,000
Previous Owner Kirby Michael G $1,000,000
Closed Kirby Michael G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $2,760,000 -55.5% $146 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $6,200,000 -- $327 / 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 $48,559 $1,908,000 $210,600 $1,697,400
2023 $47,298 $1,908,000 $210,600 $1,697,400
2022 $46,343 $1,908,000 $210,600 $1,697,400
2021 $45,406 $1,908,000 $210,600 $1,697,400
2020 $44,653 $1,908,000 $210,600 $1,697,400
2019 $44,218 $1,908,000 $210,600 $1,697,400
2018 $43,374 $1,908,000 $210,600 $1,697,400
2017 $59,373 $2,536,670 $210,600 $2,326,070
2016 $53,098 $2,536,670 $210,600 $2,326,070
2015 $53,098 $2,536,670 $210,600 $2,326,070
2014 $53,098 $2,536,670 $210,600 $2,326,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003577517

Bright MLS

APN: 54-003-0189.0000