NOT LISTED FOR SALE

242 Derwen Rd Merion Station, PA 19066

Estimated Value: $1,451,000 - $1,696,588

5 Beds
3.5 Baths
3,218 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $740,000 $230 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $9,590/month

278 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • No HOA
  • Cynwyd School Rated A+
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of April 2016

This corner, center hall colonial, Trophy Property, in the heart of Merion Station, has everything a buyer could ever want in a residence. Featuring 5 enormous bedrooms, 3 full baths, 1st floor powder room, finished lower level with paneling and fireplace, elegant foyer, gigantic living room with French doors that flow onto a terrace, private study, formal Dining room with 2nd terrace off symmetrically mirrored French doors, light bathed Kitchen with breakfast room. 2nd floor boasts master on suite with dressing area and palatial sized master bath with cavernous closets. Additionally, two other well appointed bedrooms with a den attached to the 2nd and full bath. 3rd floor is private with 2 bedrooms and a full bath. Meticulous gardens and landscaping, spacious 2 car detached garage with storage and a brick patio that will be in entertaining envy of all of you friends Convenient to everything and in one of the most desirable residential neighborhoods of Lower Merion. Don't miss this extraordinary home.

Last Agent to Sell the Property

Brian Stetler

(610) 996-1907 blstetler@gmail.com BHHS Fox & Roach-Center City Walnut License #RS301905 Listed on: 04/30/2015

BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

Damon Michels

(610) 668-3400 damon@damonmichels.com KW Main Line - Narberth License #AB067731

KW Main Line - Narberth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,018

Year Built

  • Built in 1926

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Irregular Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned R3

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,218 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Merion Station Subdivision

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 40-00-15436-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,018

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer
  • New Construction: No
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 3218
  • Living Area Sq Ft: 3218
  • Net Sq Ft: 3218.00
  • Price Per Sq Ft: 248.29
  • Above Grade Finished Sq Ft: 3218
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cul-De-Sac, Irregular, Level, Trees/Wooded
  • Lot Size Acres: 0.37
  • Lot Dimensions: 115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16300.00
  • Property Condition: Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 721218
  • Tax Annual Amount: 13018.00
  • Assessor Parcel Number: 40-00-15436-004
  • Tax Lot: 044
  • Tax Year: 2016

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Mar 15, 2016
Sold by
Suro David G and Suro Pinera David G
Bought by
Donovan Ryan P and Donovan Aurica Y
Seller's Agent
Brian Stetler
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Damon Michels
KW Main Line - Narberth
List Price
$899,900
Sold Price
$740,000
Premium/Discount to List
-$159,900
-17.77%
Current Estimated Value
$1,573,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,647
Avg. Annual Appreciation
8.10%
Original Mortgage
$592,000
Outstanding Balance
$468,409
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,105,238

Purchase Details

Closed on
Jan 13, 2000
Sold by
Endrikat Fred R and Endrikat Eugenia G
Bought by
Suro David G and Suro Annette M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donovan Ryan P $740,000 Attorney
Donovan Ryan P $740,000 Trident Land Transfer
Suro David G $558,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Ryan P $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $740,000 -7.4% $230 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
10/29/2015 10/29/15 Price Changed $799,000 -3.2% $248 / Sq Ft
10/07/2015 10/07/15 Price Changed $825,000 -2.9% $256 / Sq Ft
10/07/2015 10/07/15 Price Changed $850,000 -2.9% $264 / Sq Ft
07/30/2015 07/30/15 Price Changed $875,000 -2.8% $272 / Sq Ft
04/30/2015 04/30/15 For Sale $899,900 -- $280 / 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 $16,047 $384,240 $120,080 $264,160
2024 $16,047 $384,240 $120,080 $264,160
2023 $15,378 $384,240 $120,080 $264,160
2022 $15,093 $384,240 $120,080 $264,160
2021 $14,749 $384,240 $120,080 $264,160
2020 $14,389 $384,240 $120,080 $264,160
2019 $14,135 $384,240 $120,080 $264,160
2018 $14,135 $384,240 $120,080 $264,160
2017 $13,616 $384,240 $120,080 $264,160
2016 $13,466 $384,240 $120,080 $264,160
2015 $13,018 $384,240 $120,080 $264,160
2014 $12,555 $384,240 $120,080 $264,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002588748

Bright MLS

APN: 40-00-15436-004