NOT LISTED FOR SALE

306 Righters Mill Rd Penn Valley, PA 19072

Estimated Value: $2,244,517 - $2,435,000

5 Beds
7 Baths
7,769 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $1,529,000 $197 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $15,369/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • 2 Fireplaces
  • Penn Valley School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of June 2014

Exquisite Stone and Stucco, 5 Bedroom, 4 Full Bath, 3 Powder Room, 6600 Square foot, Manor home which sits on beautifully manicured .85 acre level lot in sought-after Penn Valley. This 2-story, center hall, colonial home features and open floor plan with beautiful oak hardwood floors, crown moldings, wainscoting and a surround sound system throughout the entire first floor. Formal, sunny Living Room with fireplace, Sizeable Dining Room with chair rail, crown moldings and surround sound, cozy Office/Den with custom book shelves and sunny spacious Family Room with vaulted ceilings, fireplace and wonderful views to the oasis-like back yard. Spacious Kitchen offers built-in stainless steel Thermador and Sub-zero appliances, granite counter tops, large island workspace, desk area and recessed lighting. Mud Room with custom built cubbies. Butler's pantry with wine cooler and Breakfast room with high ceilings and French Doors leading to the spectacular fenced-in level rear flagstone patio with built-in barbeque grill which are perfect for entertaining indoors and out. 2nd floor boasts a Master Bedroom Suite complete with Sitting Room, high ceilings, his/her walk-in closets, luxurious his and hers Master Baths with granite double vanities, Jack and Jill tile shower and Jacuzzi tub for quiet and relaxation. 2nd full suite with its own bath, closet, sitting area (perfect for au pair or visiting in-laws).3 more sizeable bedrooms with great walk-in closet space, 2 full spacious baths and Laundry Room complete this level. Finished enormous basement with endless possibilities. Large level fenced-in rear yard with lighting and sprinkler system. Professionally landscaped front yard and sprinkler system. Three-car garage. Award winning Lower Merion Schools. Close to I-76 and minutes to Center City! Unpack and start making memories in this home which is truly in move-in condition. Special financing is available on all properties from Sirva Mortgage, Inc.

Last Agent to Sell the Property

Damon Michels

KW Main Line - Narberth License #AB067731 Listed on: 04/28/2014

KW Main Line - Narberth

Last Buyer's Agent

Linda 'Z'

BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,005

Year Built

  • Built in 2005

Lot Details

  • 0.88 Acre Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R1

Parking

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

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • 2 Fireplaces
  • Marble Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio

Schools

  • Penn Valley Elementary School
  • Welsh Valley Middle School
  • Harriton Senior High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 40-00-50004-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,005

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2005
  • Remarks Public: Exquisite Stone and Stucco, 5 Bedroom, 4 Full Bath, 3 Powder Room, 6600 Square foot, Manor home which sits on beautifully manicured .85 acre level lot in sought-after Penn Valley. This 2-story, center hall, colonial home features and open floor plan with beautiful oak hardwood floors, crown moldings, wainscoting and a surround sound system throughout the entire first floor. Formal, sunny Living Room with fireplace, Sizeable Dining Room with chair rail, crown moldings and surround sound, cozy Office/Den with custom book shelves and sunny spacious Family Room with vaulted ceilings, fireplace and wonderful views to the oasis-like back yard. Spacious Kitchen offers built-in stainless steel Thermador and Sub-zero appliances, granite counter tops, large island workspace, desk area and recessed lighting. Mud Room with custom built cubbies. Butler's pantry with wine cooler and Breakfast room with high ceilings and French Doors leading to the spectacular fenced-in level rear flagstone patio with built-in barbeque grill which are perfect for entertaining indoors and out. 2nd floor boasts a Master Bedroom Suite complete with Sitting Room, high ceilings, his/her walk-in closets, luxurious his and hers Master Baths with granite double vanities, Jack and Jill tile shower and Jacuzzi tub for quiet and relaxation. 2nd full suite with its own bath, closet, sitting area (perfect for au pair or visiting in-laws).3 more sizeable bedrooms with great walk-in closet space, 2 full spacious baths and Laundry Room complete this level. Finished enormous basement with endless possibilities. Large level fenced-in rear yard with lighting and sprinkler system. Professionally landscaped front yard and sprinkler system. Three-car garage. Award winning Lower Merion Schools. Close to I-76 and minutes to Center City! Unpack and start making memories in this home which is truly in move-in condition. Special financing is available on all properties from Sirva Mortgage, Inc.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Dining Area
  • Fireplace Features: Marble, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 7769
  • Living Area Sq Ft: 7769
  • Net Sq Ft: 6600.00
  • Price Per Sq Ft: 253.79
  • Above Grade Finished Sq Ft: 6600
  • Below Grade Finished Sq Ft: 1169
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Stone
  • Access To Pool: No
  • 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
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • 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

Schools

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

Lot Info

  • Land Use Code: 1101
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38190.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 732462
  • Tax Annual Amount: 35005.00
  • Assessor Parcel Number: 40-00-50004-005
  • Tax Lot: 101
  • Tax Year: 2014
  • Close Date: 06/30/2014

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jun 9, 2014
Sold by
Sirva Relocation Properties Llc
Bought by
Heffelfinger Ryan and Lo Michele
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Linda 'Z'
BHHS Fox & Roach-Haverford
List Price
$1,675,000
Sold Price
$1,529,000
Premium/Discount to List
-$146,000
-8.72%
Current Estimated Value
$2,363,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,839
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 28, 2014
Closed on
May 14, 2014
Sold by
Wax Sandra M
Bought by
Sirva Relocation Properties Llc
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Linda 'Z'
BHHS Fox & Roach-Haverford
List Price
$1,675,000
Sold Price
$1,529,000
Premium/Discount to List
-$146,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 2014
Sold by
Wax Michael and Wax Sandra M
Bought by
Wax Sandra M

Purchase Details

Closed on
Nov 4, 2005
Sold by
Dtm Dev Llc
Bought by
Wax Michael J and Wax Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,500
Interest Rate
6.07%

Purchase Details

Closed on
Jul 21, 2004
Sold by
Kay Judith
Bought by
Dtm Dev Llc
Source: Public Records

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
Heffelfinger Ryan $1,529,000 None Available
Sirva Relocation Properties Llc $1,529,000 None Available
Wax Sandra M -- None Available
Wax Michael J $1,850,000 --
Dtm Dev Llc $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heffelfinger Ryan $965,000
Closed Heffelfinger Ryan $299,650
Closed Heffelfinger Ryan $1,000,000
Previous Owner Sirva Relocation Properties Llc $223,200
Previous Owner Wax Sandra M $700,000
Previous Owner Wax Michael J $907,500
Previous Owner Wax Michael J $850,000
Previous Owner Wax Michael $907,500
Closed Dtm Dev Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $1,529,000 -8.7% $197 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $1,675,000 -- $216 / 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 $33,889 $811,500 -- --
2023 $32,476 $811,500 $0 $0
2022 $32,476 $811,500 $0 $0
2021 $31,150 $811,500 $0 $0
2020 $30,389 $811,500 $0 $0
2019 $29,852 $811,500 $0 $0
2018 $29,852 $811,500 $0 $0
2017 $32,600 $920,000 $0 $0
2016 $32,242 $920,000 $0 $0
2015 $30,062 $920,000 $0 $0
2014 $30,062 $1,103,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003456763

Bright MLS

APN: 40-00-50004-005