NOT LISTED FOR SALE

3 Mill Rd Malvern, PA 19355

Estimated Value: $1,429,964 - $2,030,000

5 Beds
3.5 Baths
4,376 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $1,760,000 $402 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,460/month

3 Days on Market

Highlights

  • Barn
  • Panoramic View
  • 2.93 Acre Lot
  • General Wayne Elementary School Rated A-
  • Commercial Range
  • Wood Burning Stove

About This Home

As of March 2023

Introducing 3 Mill Road, situated in the midst of Radnor Hunt country where you’ll enjoy rolling hills and scenic vistas! This beautifully preserved historic property is brimming with charm and offers modern amenities for today’s buyer. With picturesque views and a babbling creek along the boundary, this wonderful property features a main house, a springhouse, a tidy wood shed, and a barn with stalls, tack room, garden room, and upper-level party room! Tucked away at the end of a quiet road in Great Valley School District, this amazing home is truly one of a kind. Unique details abound – deep windowsills, decorative millwork and moldings, cherry and walnut hardwood floors, exposed beams, shiplap, and multiple fireplaces.

The circular driveway offers plenty of parking and guides you to the both the front and side entrances to the home. Enter the front door and you are welcomed into the “farmhouse room” with its gleaming hardwood floors, overhead beams, huge fireplace with wood burning stove, and access to the private and covered rear porch overlooking the beautiful grounds. To your right, and adjacent to the side entrance with spacious foyer, is the fabulous gourmet kitchen that opens to the light-filled breakfast area and stunning great room. The kitchen boasts high ceilings, recessed lighting, massive center island with seating, granite countertops, stainless steel commercial grade appliances, white custom cabinetry, pantry, and farmhouse sink. French doors from the kitchen open to the cozy porch and large patio with outdoor fireplace – perfect for al fresco entertaining or just enjoying the views with your morning coffee! A beautiful coffered ceiling and gas fireplace with mantel highlight the spacious great room, and from here a second set of French doors grants access to the rear yard. This level is completed with a powder room and coat closet. Ascend the wide staircase to the second level where you will find two bedrooms, each with a decorative fireplace, a tiled hall bath with pedestal sink and tub/shower combo, and a linen closet. Just a few more steps take you up to the next landing and the expansive primary suite with vaulted ceiling, French doors to a balcony, spa-like primary bath with oversized glass stall shower, separate vanities, private toilet, clawfoot soaking tub and linen closet. Adjacent to the primary bath is the walk-through primary closet with plenty of daylight, storage space, and conveniently connected laundry area. The upper level offers a loft area – perfect for hanging out or home office, plus a small study area, two additional spacious bedrooms (one with decorative fireplace) , hall storage, and a shared tiled bathroom with stall shower.

The outdoor space is perfect for year round fun offering a cozy fireplace for the cooler months, barn with stalls, one car parking and finished second floor to host parties, and the charming springhouse that was renovated for a private oasis.

Close to many top private academies, downtown Wayne and Malvern Borough, and easy access to all major roadways for an easy commute to Philadelphia, Wilmington, and NYC. This amazing property is a rare find in the desirable Radnor Hunt area – call today for more information or to schedule your showing!

Last Agent to Sell the Property

Meghan Chorin

(610) 299-9504 meghan.chorin@compass.com Compass RE Listed on: 02/02/2023

Compass RE

Last Buyer's Agent

Jennifer Bowden

(610) 585-8463 jenbowden@kw.com Keller Williams Real Estate-Montgomeryville License #RS325792

Keller Williams Real Estate-Montgomeryville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,768

Year Built

  • Built in 1731 | Remodeled in 2010

Lot Details

  • 2.93 Acre Lot
  • Split Rail Fence
  • Extensive Hardscape
  • Historic Home
  • Property is in excellent condition
  • Property is zoned R-10

Parking

  • 1 Car Attached Garage
  • 6 Driveway Spaces
  • Circular Driveway

Property Views

  • Panoramic
  • Creek or Stream
  • Garden

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,376 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Wainscoting
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 5 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Non-Functioning Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • French Doors
  • Unfinished Basement
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Commercial Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Porch

Farming

  • Barn
  • Spring House

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Radnor Hunt Subdivision

Listing and Financial Details

  • Tax Lot 0299.0100
  • Assessor Parcel Number 54-03 -0299.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,768

Year Built

Built in 1731 | Remodeled in 2010

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Farmhouse/National Folk
  • Ownership: Fee Simple
  • Exclusions: wood in shed, freezer in barn and generator negotiable
  • Historic: Yes
  • Inclusions: house appliances in as is condition
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1731
  • Year Renovated: 2010
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave, Commercial Range, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Exposed Beams, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane, Mantel(s), Non-Functioning, Wood, Stone
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Vaulted Ceilings, Beamed Ceilings
  • Foundation Details: Block, Stone, Crawl Space
  • Levels Count: 3
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4376
  • Living Area Sq Ft: 4376
  • Price Per Sq Ft: 365.61
  • Above Grade Finished Sq Ft: 4376
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Garage(s), Shed, Spring House
  • Construction Materials: Stone, Stucco
  • Exterior Features: Outbuilding(s), Extensive Hardscape, Exterior Lighting
  • Roof: Asphalt
  • View: Creek/Stream, Garden/Lawn, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Paved Driveway, Private
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: 90% Forced Air, Heat Pump(s), Baseboard - Hot Water, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Split Rail
  • Improvement Assessed Value: 240260.00
  • Land Assessed Value: 147750.00
  • Lot Features: Stream/Creek
  • Lot Size Acres: 2.93
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 127805.00
  • Outdoor Living Structures: Balcony, Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R-10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4776108
  • School Tax: 8893.00
  • Tax Annual Amount: 10768.00
  • Assessor Parcel Number: 54-03 -0299.0100
  • Tax Lot: 0299.0100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Feb 23, 2023
Sold by
Reiser Susan S
Bought by
Perry Richard and Cimmino Ginna
Seller's Agent
Meghan Chorin
Compass RE
Buyer's Agent
Jennifer Bowden
Keller Williams Real Estate-Montgomeryville
List Price
$1,599,900
Sold Price
$1,760,000
Premium/Discount to List
$160,100
10.01%
Views
36
Current Estimated Value
$1,649,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,679
Avg. Annual Appreciation
-2.23%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Reiser Andrew B and Reiser Susan S
Bought by
Reiser Susan S

Purchase Details

Closed on
Sep 16, 2010
Sold by
Schaffer Bernard P and Schaffer Elizabeth O
Bought by
Reiser Andrew B and Reiser Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 22, 2006
Sold by
Spahr Robert N and Spahr Julia D
Bought by
Schaffer Bernard P and Schaffer Elizabeth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Sold by
Nvs Custom Homes Lp
Bought by
Follman John P and Follman Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.83%
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
Perry Richard $1,760,000 --
Reiser Susan S -- None Available
Reiser Andrew B $500,000 None Available
Schaffer Bernard P $825,000 None Available
Follman John P $937,972 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reiser Andrew B $500,000
Previous Owner Schaffer Bernard P $400,000
Previous Owner Follman John P $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $1,760,000 +10.0% $402 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $1,599,900 -- $366 / 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 $11,055 $388,010 $147,750 $240,260
2024 $11,055 $388,010 $147,750 $240,260
2023 $10,768 $388,010 $147,750 $240,260
2022 $10,550 $388,010 $147,750 $240,260
2021 $10,337 $388,010 $147,750 $240,260
2020 $10,165 $388,010 $147,750 $240,260
2019 $10,067 $388,010 $147,750 $240,260
2018 $9,874 $388,010 $147,750 $240,260
2017 $9,874 $388,010 $147,750 $240,260
2016 $8,538 $388,010 $147,750 $240,260
2015 $8,538 $388,010 $147,750 $240,260
2014 $8,538 $388,010 $147,750 $240,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2039196

Bright MLS

APN: 54-003-0299.0100