NOT LISTED FOR SALE

228 Broughton Ln Villanova, PA 19085

Estimated Value: $2,473,101 - $2,900,000

6 Beds
9 Baths
9,631 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $1,622,000 $168 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $18,296/month

337 Days on Market

Highlights

  • Home Theater
  • Commercial Range
  • Cathedral Ceiling
  • Welsh Valley Middle School Rated A+
  • Normandy Architecture
  • Wood Flooring

About This Home

As of May 2019

Situated on a quiet, private lane in Villanova, Lower Merion Twp, you'll find this stately, breathtaking stone mansion. Built in 2005, this 6 Bdrm/7.2 Bath home has every modern amenity complete with old world charm. First impressions are everything, and the grand traverse Entrance Hall with herringbone hard wood flooring certainly lives up to that. High-end appointments such as rich custom millwork, tray ceilings and wainscoting are found throughout this special home. Entertain in the formal Living Room with marble surround gas fireplace, or the formal Dining Room w/ large bow window and separate serving area w/ beautiful built-in china cabinets. Escape to the handsome Library with coffered ceiling, custom built-ins and marble surround gas fp. The center island Chef's Kitchen with dramatic domed ceiling detail is filled with every convenience for the modern day cook, including 42" custom cabinetry, Subzero, Thermador Professional oven, gas cooktop & warming drawer, 2 Bosch dishwashers, walk-in pantry and so much more. The Kitchen opens into the striking Family Room with stone gas fp, and 12-ft vaulted beamed ceiling. Two Powder Rms, Wet bar, and family entry area, back stairway complete the main level. On the 2nd Fl, the magnificent Master Suite features tray ceiling, Sitting Area w/ French doors to Juliette balcony, custom outfitted dressing area w/ window seat & 2 large walk-in closets. And, it doesn't stop there?luxurious Master Bath with inlaid mosaic natural honed stone flooring, 2 custom vanities, frameless shower and separate water closet. There are 5 add'l Bedrooms, all En-Suite, all spacious with custom outfitted closets, and all uniquely their own. The Laundry Rm with Whirlpool Duet washer/dryer & laundry sink is ideally located on the 2nd floor as well. The 3rd fl offers a fun, creatively decorated Bonus Rm w/ Bath or 6th Bdrm. The icing on the cake is the fabulous Lower Level with something for everyone: Billiard Rm, wet Bar, climate controlled 400 bottle Wine Room, Rec Rm, Exercise Rm and Home Theater plus storage. On a summer night, step outside to the flagstone patio with stone fireplace and relax to the sounds of the fountain and koi pond or your favorite music on the outdoor speakers. Landscape lighting, underground sprinklers. 3 car att Garage. Award Winning Lower Merion Schools and minutes to the train, 76, 476, Main Line shopping and restaurants, 25 min to Center City Phila, 30th St. Station and PHL Airport. A gem!

Last Listed By

Marjie Frankel

Compass RE Listed on: 04/17/2018

Compass RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.71 Acre Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces

Home Design

  • Normandy Architecture
  • Traditional Architecture
  • Wood Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Library
  • Home Gym
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Commercial Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Welsh Valley Middle School
  • Harriton Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 40-00-08000-006

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Normandy, Traditional
  • Ownership: Fee Simple
  • Exclusions: Master Bdrm And Gym Tv, Drapes In Bedroom #2 And #3
  • Inclusions: W/D, Theater Rm Chairs,Tv & Components, Universal Gym,Bar Fridge, Koi
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven - Double, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Central Vacuum, Exposed Beams, Wet/Dry Bar, Stall Shower, Dining Area
  • Window Features: Energy Efficient
  • Fireplace Features: Marble, Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Breakfast Room, Exercise Room, Laundry, Media Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 9631
  • Living Area Sq Ft: 9631
  • Net Sq Ft: 7278.00
  • Price Per Sq Ft: 257.63
  • Above Grade Finished Sq Ft: 7278
  • Below Grade Finished Sq Ft: 2353
  • Total Below Grade Sq Ft: 2353
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 6
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 5.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 5
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Stone
  • Exterior Features: Lawn Sprinkler, Exterior Lighting
  • Roof: Wood
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Middle School: WELSH VALLEY
  • High School: HARRITON SENIOR
  • School District Key: 300200396851
  • High School: HARRITON SENIOR
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Land Use Code: 1101
  • Lot Features: Corner, Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.71
  • Lot Dimensions: 115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 41275.00
  • Assessor Parcel Number: 40-00-08000-006
  • Tax Lot: 121
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/17/2019

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 17, 2019
Sold by
Rogers Kimberly C
Bought by
Brosman Michael K and Brosman Victoria A
Seller's Agent
Marjie Frankel
Compass RE
Buyer's Agent
Ady McGowan
BHHS Fox & Roach Wayne-Devon
List Price
$2,300,000
Sold Price
$1,622,000
Premium/Discount to List
-$678,000
-29.48%
Total Days on Market
337
Current Estimated Value
$2,717,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,095,034
Avg. Annual Appreciation
10.07%
Original Mortgage
$1,297,600
Outstanding Balance
$1,152,647
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,743,203

Purchase Details

Closed on
Jan 24, 2012
Sold by
Latoff Robert G and Latoff Kimberly C
Bought by
Rogers Kimberly C

Purchase Details

Closed on
Aug 1, 2005
Sold by
Geftman Wayne & Assocs Inc
Bought by
Latoff Robert G and Latoff Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
5.54%

Purchase Details

Closed on
Aug 26, 2003
Sold by
Simmons Chester and Schade Molly C
Bought by
Geftman Wayne & Assocs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.29%

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
Brosman Michael K $1,622,000 None Available
Rogers Kimberly C -- None Available
Latoff Robert G $3,000,000 None Available
Geftman Wayne & Assocs Inc $650,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brosman Michael K $500,000
Open Brosman Michael K $1,297,600
Closed Brosman Michael K $160,000
Previous Owner Latoff Kimberly C $1,099,000
Previous Owner Latoff Robert G $2,250,000
Previous Owner Geftman Wayne & Assocs Inc $2,160,000
Previous Owner Geftman Wayne & Assocs Inc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $1,622,000 -13.5% $168 / Sq Ft
03/13/2019 03/13/19 Price Changed $1,875,000 -1.3% $195 / Sq Ft
01/24/2019 01/24/19 Price Changed $1,900,000 -2.6% $197 / Sq Ft
11/12/2018 11/12/18 Price Changed $1,950,000 -2.5% $202 / Sq Ft
09/25/2018 09/25/18 Price Changed $1,999,999 -8.0% $208 / Sq Ft
06/01/2018 06/01/18 Price Changed $2,175,000 -5.4% $226 / Sq Ft
04/17/2018 04/17/18 For Sale $2,300,000 -- $239 / 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 $37,060 $887,400 -- --
2023 $35,515 $887,400 $0 $0
2022 $34,857 $887,400 $0 $0
2021 $34,063 $887,400 $0 $0
2020 $36,924 $986,000 $0 $0
2019 $41,275 $1,122,000 $0 $0
2018 $41,275 $1,122,000 $0 $0
2017 $39,758 $1,122,000 $0 $0
2016 $39,321 $1,122,000 $0 $0
2015 $36,662 $1,122,000 $0 $0
2014 $36,662 $1,122,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000410364

Bright MLS

APN: 40-00-08000-006