NOT LISTED FOR SALE

3 Somerset Ln Malvern, PA 19355

Estimated Value: $1,604,896 - $1,964,000

5 Beds
6 Baths
5,863 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $927,000 $158 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $11,286/month

94 Days on Market

Highlights

  • 2.11 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Charlestown Elementary School Rated A
  • Deck
  • Whirlpool Bathtub

About This Home

As of July 2014

Beautiful and Meticulous best describes this elegant home in Claremont. From the very gracious view through foyer with French doors to the new deck, living room with fireplace to the large entertaining dining room and spacious library this home is detailed in lovely mill work and hardwood floors. Enjoy the state of the art kitchen with huge island, double convection ovens, chef's stove, sub-zero fridge, natural cherry cabinets with new gorgeous granite plus large working desk all complimented by a sun drenched morning room. Stunning family room drenched in the warm sun by a wall of windows and vaulted ceiling featuring lovely stone fireplace with bookshelves. The master suite has a coffered ceiling and sitting room plus a his and hers bath. There are 4 other bedrooms and 3 full baths (1 Jack and Jill, 2 en-suite) plus a computer area. Location, Location, located on the cul de sac with fabulous views of the countryside, peaceful, serene and only 3 miles to the new PA Turnpike on-ramp, shopping, dining, Routes 202, 29 and 30. Back up generator!!!

Last Agent to Sell the Property

Linda Theuer

BHHS Fox & Roach Malvern-Paoli Listed on: 03/08/2014

BHHS Fox & Roach Malvern-Paoli

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,265

Year Built

  • Built in 2000

Lot Details

  • 2.11 Acre Lot
  • Cul-De-Sac
  • Property is in good condition
  • Property is zoned FR

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,863 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 6 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • $900 Other One-Time Fees
  • Claremont Subdivision

Listing and Financial Details

  • Tax Lot 0054.1300
  • Assessor Parcel Number 35-03 -0054.1300

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,265

Year Built

Built in 2000

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer And Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Oven - Double, Dishwasher, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 5863
  • Living Area Sq Ft: 5863
  • Net Sq Ft: 5863.00
  • Price Per Sq Ft: 185.91
  • Above Grade Finished Sq Ft: 5863
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Wood Siding, Stone
  • Access To Pool: No
  • Roof: 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
  • 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
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Fee Information

  • Other Fees: 900.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Land Use Code: R10
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 2.11
  • Lot Dimensions: 2.11 ACRES
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 91999.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: FR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 16265.00
  • Assessor Parcel Number: 35-03 -0054.1300
  • Tax Lot: 0054.1300
  • Tax Year: 2014
  • Close Date: 07/11/2014

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
Jul 2, 2014
Sold by
Nasreen Pabani Akber and Nasreen Kara
Bought by
Brilliant Stuart and Brilliant Melissa
Seller's Agent
Linda Theuer
BHHS Fox & Roach Malvern-Paoli
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,129,000
Sold Price
$927,000
Premium/Discount to List
-$202,000
-17.89%
Current Estimated Value
$1,801,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,299
Avg. Annual Appreciation
6.13%
Original Mortgage
$95,000
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 13, 2004
Sold by
Stainback John and Stainback Barbara
Bought by
Nasreen Pabani Akber and Nasreen Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2000
Sold by
Pennfield Knoll Associates Inc
Bought by
Stainback John and Stainback Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,200
Interest Rate
8.15%
Source: Public Records

Range of Values:

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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
Brilliant Stuart $927,000 None Available
Nasreen Pabani Akber $1,030,000 --
Stainback John $911,504 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brilliant Stuart $234,000
Closed Brilliant Stuart $85,886
Closed Brilliant Stuart $296,000
Open Brilliant Stuart $735,000
Closed Brilliant Stuart $296,450
Closed Brilliant Stuart $95,000
Closed Brilliant Stuart $741,600
Previous Owner Pabani Akber $290,000
Previous Owner Pabani Akbar $403,752
Previous Owner Nasreen Pabani Akber $824,000
Previous Owner Stainback John $729,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $927,000 -15.0% $158 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/05/2014 05/05/14 Price Changed $1,090,000 -3.5% $186 / Sq Ft
03/08/2014 03/08/14 For Sale $1,129,000 -- $193 / 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 $16,991 $440,700 $83,220 $357,480
2024 $16,991 $586,680 $83,220 $503,460
2023 $16,557 $586,680 $83,220 $503,460
2022 $16,228 $586,680 $83,220 $503,460
2021 $15,905 $586,680 $83,220 $503,460
2020 $15,646 $586,680 $83,220 $503,460
2019 $15,497 $586,680 $83,220 $503,460
2018 $15,206 $586,680 $83,220 $503,460
2017 $15,206 $586,680 $83,220 $503,460
2016 $15,141 $586,680 $83,220 $503,460
2015 $15,141 $534,880 $83,220 $451,660
2014 $15,141 $663,810 $83,220 $580,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003562153

Bright MLS

APN: 35-003-0054.1300