NOT LISTED FOR SALE

232 Spring Rd Malvern, PA 19355

Estimated Value: $2,745,880 - $3,668,000

5 Beds
9 Baths
11,300 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $1,600,000 $142 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $20,164/month

24 Days on Market

Highlights

  • Built in 2013 | Newly Remodeled
  • Commercial Range
  • Colonial Architecture
  • Sugartown Elementary School Rated A-
  • 2.4 Acre Lot
  • Deck

About This Home

As of December 2013

Great Opportunity - 232 Spring Road in Malvern is now bank owned. It has been reduced to $1,900,000. This new home has over 11 thousand square feet, five bedrooms, each with a private bath, outstanding mill work, a finished lower level and a fabulous gourmet kitchen, all on nearly 2 and a half acres. Must See!! This home is being sold as is.

Last Agent to Sell the Property

Ginette Wendelken

(610) 283-8739 ghal369@aol.com BHHS Fox & Roach-Haverford License #RS156779A Listed on: 11/20/2013

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Suzanne Alfano

suzanne.alfano@foxroach.com BHHS Fox & Roach Malvern-Paoli License #TREND:60036800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 2.4 Acre Lot
  • Southeast Facing Home
  • Open Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned RA

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • French Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 11,300 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 9 Bathrooms
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by DTM DEVELOPERS

Listing and Financial Details

  • Tax Lot 0155
  • Assessor Parcel Number 54-03 -0155

Home Details

Home Type

Single Family

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, French
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Double, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood
  • Interior Amenities: Master Bath(s), Kitchen - Island, Butlers Pantry, Sprinkler System, Water Treat System, Exposed Beams, Wet/Dry Bar, Stall Shower, Dining Area
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Marble, Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 11300
  • Living Area Sq Ft: 11300
  • Net Sq Ft: 11300.00
  • Price Per Sq Ft: 168.14
  • Above Grade Finished Sq Ft: 11300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 9
  • Full Bathrooms: 5
  • Half Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Access To Pool: No
  • Exterior Features: Street Lights, Lawn Sprinkler, Exterior Lighting
  • Roof: Pitched, Shingle
  • 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, Garage Door Opener, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Energy Star Cooling System
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump - Gas Backup, Forced Air, Energy Star Heating System
  • Heating: Yes
  • Hot Water: Natural Gas, Propane
  • 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

Lot Info

  • Improvement Assessed Value: 2129160.00
  • Land Assessed Value: 72000.00
  • Lot Features: Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.40
  • Lot Dimensions: .0X0
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Excellent
  • Zoning: RA

Building Info

  • Builder Name: DTM DEVELOPERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 353331
  • Tax Annual Amount: 52900.00
  • Assessor Parcel Number: 54-03 -0155
  • Tax Lot: 0155
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Dec 24, 2013
Sold by
Beneficial Mutual Savings Bank
Bought by
The Virginia A Funk Gift Trust
Seller's Agent
Ginette Wendelken
BHHS Fox & Roach-Haverford
Buyer's Agent
Suzanne Alfano
BHHS Fox & Roach Malvern-Paoli
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%
Current Estimated Value
$3,352,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,752,293
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
Nov 20, 2013
Closed on
Nov 19, 2013
Sold by
Murtaugh Donald T
Bought by
Beneficial Mutual Savings Bank
Seller's Agent
Ginette Wendelken
BHHS Fox & Roach-Haverford
Buyer's Agent
Suzanne Alfano
BHHS Fox & Roach Malvern-Paoli
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%

Purchase Details

Closed on
Aug 8, 2007
Sold by
Rettew Gregory and Rettew Suzanne
Bought by
Murtaugh Donald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Rettew Suzanne
Bought by
Rettew Gregory and Rettew Suzanne

Purchase Details

Closed on
Feb 11, 2004
Sold by
Rettew Suzanne and Trust Of Constance C Walsh
Bought by
Rettew Suzanne

Purchase Details

Closed on
Nov 5, 2001
Sold by
Walsh Constance C
Bought by
Constance C Walsh Year 2001 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Virginia A Funk Gift Trust $1,600,000 None Available
Beneficial Mutual Savings Bank -- None Available
Murtaugh Donald T $620,000 None Available
Rettew Gregory -- --
Rettew Suzanne -- --
Constance C Walsh Year 2001 Trust -- Commonwealth Land Title Ins
Walsh Constance C -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murtaugh Donald T $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $1,600,000 -15.8% $142 / Sq Ft
11/20/2013 11/20/13 For Sale $1,900,000 -- $168 / 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 $31,620 $1,109,840 $72,000 $1,037,840
2024 $31,620 $1,109,840 $72,000 $1,037,840
2023 $30,799 $1,109,840 $72,000 $1,037,840
2022 $30,178 $1,109,840 $72,000 $1,037,840
2021 $29,567 $1,109,840 $72,000 $1,037,840
2020 $29,077 $1,109,840 $72,000 $1,037,840
2019 $28,794 $1,109,840 $72,000 $1,037,840
2018 $28,244 $1,109,840 $72,000 $1,037,840
2017 $28,244 $1,109,840 $72,000 $1,037,840
2016 $42,174 $1,109,840 $72,000 $1,037,840
2015 $42,174 $1,066,810 $72,000 $994,810
2014 $42,174 $1,384,600 $72,000 $1,312,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003561067

Bright MLS

APN: 54-003-0155.0000