NOT LISTED FOR SALE

342 E Lancaster Ave Penn Wynne, PA 19096

Estimated Value: $920,000 - $1,426,000

6 Beds
5.5 Baths
4,392 Sq Ft
$271/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $875,000 $199 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,836/month

125 Days on Market

Highlights

  • Private Pool
  • 0.73 Acre Lot
  • Recreation Room
  • Penn Wynne Elementary School Rated A+
  • Colonial Architecture
  • Sun or Florida Room

About This Home

As of December 2023

INCREDIBLE PROPERTY AND INCREDIBLE VALUE IN LOWER MERION SCHOOL DISTRICT!

Nestled on a beautiful .73 acre lot in the heard of the Main Line, this spacious 6 bedroom, 5.1 bath home with nearly 4000 sq.ft. of living space offers both style and convenience. The front door opens to a large foyer with French doors at the end which allow natural light to flood into the home and offer an exit to the back patio. The expansive main floor includes a spacious family room with fire place, bonus work out room/study, private office, dining room which seats 10-12 comfortably and large eat in kitchen with view of the striking back yard.. Hardwood flooring and recessed lighting is features in several of the rooms on the main level as are French doors which walk out to the beautiful back yard and patio which spans the length of the back of the house. A mudroom off the kitchen, powder room and entrance to a 2 car garage complete the main level. On the 2nd level complete with hard wood flooring you will find a spacious primary bedroom with large walk in closet and ensuite bathroom; 3 additional bedrooms one of which has an ensuite bathroom, and a laundry area. Continue up to the 3rd level to find 2 additional bedrooms and a full hall bathroom. Stairs from the kitchen lead to a partially finished basement consisting of a full bathroom, lounge area and exterior stairs to the back yard. In addition there is a large unfinished area perfect for storage or project room. The large flat, fenced in back yard complete with beautiful pool and patio area will make you feel like you are on vacation every day! This home is conveniently located to parks, restaurants, entertainment and more! Minutes to the Whole Foods, Downtown Ardmore , Ardmore Farmer's market and Lankenau Hospital. A short drive into Center city or walk to the Wynnewood Regional Rail train for a very easy commute. This is a wonderful property is an amazing community. Book your appointment today!

This property is being sold "as is" and buyer is responsible for obtaining the Use and Occupancy Certificate

SELLER IS OFFERING A $35,000 CREDIT TO A BUYER AT SETTLEMENT

(Property is located on Lancaster Avenue just past Remington Rd going toward Lankenau Hospital)

Last Agent to Sell the Property

Roseann Tulley

Redfin Corporation License #RS330033 Listed on: 06/28/2023

Redfin Corporation

Last Buyer's Agent

Felicia Stern

Compass RE License #RS154956

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,908

Year Built

  • Built in 1923

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 155.00 x 0.00

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • French Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Penn Wynne Elementary School
  • Bala Cynwyd Middle School
  • Lower Merion High School

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • On Site Septic

Additional Features

  • Energy-Efficient Appliances
  • Private Pool

Community Details

  • No Home Owners Association
  • Penn Wynne Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 40-00-30244-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,908

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, French
  • Ownership: Fee Simple
  • Exclusions: All Personal Property
  • Inclusions: Projector and Screen in Living Room, Washer, Dryer, Refrigerator and Oven all in "as-is" condition
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-06-28
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Breakfast Room, Sun/Florida Room, Laundry, Mud Room, Office, Recreation Room, Storage Room, Bedroom 6, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Partial, Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5483
  • Living Area Sq Ft: 4392
  • Price Per Sq Ft: 249.94
  • Above Grade Finished Sq Ft: 3997
  • Below Grade Finished Sq Ft: 395
  • Below Grade Sq Ft: 1091
  • Total Below Grade Sq Ft: 1486
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 342

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Elementary School: PENN WYNNE
  • Middle School: BALA CYNWYD
  • High School: LOWER MERION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • Elementary School: PENN WYNNE
  • High School: LOWER MERION
  • Middle Or Junior School: BALA CYNWYD

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.73
  • Lot Dimensions: 155.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31775.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 12504.00
  • Tax Annual Amount: 15908.00
  • Assessor Parcel Number: 40-00-30244-001
  • Tax Lot: 51
  • Tax Total Finished Sq Ft: 4120
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 12/19/2023

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Nov 20, 2023
Sold by
Sood Suruchi and Annapragada Madhu
Bought by
Rapoport Yosef and Kudan Sara
Seller's Agent
Roseann Tulley
Redfin Corporation
Buyer's Agent
Felicia Stern
Compass RE
List Price
$1,299,000
Sold Price
$875,000
Premium/Discount to List
-$424,000
-32.64%
Views
628
Current Estimated Value
$1,191,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,756
Avg. Annual Appreciation
20.32%
Original Mortgage
$656,250
Outstanding Balance
$645,357
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$546,399

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jul 29, 2017
Sold by
Mastrogiannis Dimitrios and Kapsali Mastrogiannis Marianna
Bought by
Sood Suruchi and Annapragada Madhu
Seller's Agent
Maureen Sexton
Keller Williams Main Line
Buyer's Agent
CAMILLE BURSTIN
BHHS Fox & Roach-Rosemont
List Price
$950,000
Sold Price
$965,000
Premium/Discount to List
$15,000
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%
Original Mortgage
$465,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2007
Sold by
Hart Marcy N and Abrams Neal H
Bought by
Kapsali Mastrogiannis Marianna and Mastrogiannis Dimitrios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.78%

Purchase Details

Closed on
Nov 27, 1995
Sold by
Elgart Sivia
Bought by
Abrams Neal H and Hart Marcy N

Purchase Details

Closed on
Nov 17, 1995
Sold by
Elgart Sivia
Bought by
Elgart Sivia
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
Rapoport Yosef $875,000 Rosner Settlement Services
Sood Suruchi $965,000 None Available
Kapsali Mastrogiannis Marianna $715,000 None Available
Abrams Neal H $319,900 --
Elgart Sivia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapoport Yosef $656,250
Previous Owner Sood Suruchi $200,000
Previous Owner Sood Suruchi $200,000
Previous Owner Sood Suruchi $465,000
Previous Owner Pasali Mastrogiannis Marianna $159,500
Previous Owner Kapsali Mastrogiannis Marianna $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $875,000 -12.4% $199 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
09/23/2023 09/23/23 Price Changed $999,000 -20.0% $227 / Sq Ft
09/03/2023 09/03/23 Price Changed $1,249,000 -2.0% $284 / Sq Ft
07/25/2023 07/25/23 Price Changed $1,275,000 -1.8% $290 / Sq Ft
06/28/2023 06/28/23 For Sale $1,299,000 +34.6% $296 / Sq Ft
08/29/2017 08/29/17 Sold $965,000 +4.3% $234 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
05/10/2017 05/10/17 Price Changed $925,000 -2.6% $225 / Sq Ft
03/20/2017 03/20/17 For Sale $950,000 -- $231 / 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 $16,121 $386,010 -- --
2024 $16,121 $386,010 -- --
2023 $15,449 $386,010 $0 $0
2022 $15,162 $386,010 $0 $0
2021 $14,817 $386,010 $0 $0
2020 $13,482 $360,010 $0 $0
2019 $13,244 $360,010 $0 $0
2018 $13,242 $360,010 $0 $0
2017 $12,757 $360,010 $0 $0
2016 $12,616 $360,010 $0 $0
2015 $11,763 $360,010 $0 $0
2014 $11,763 $360,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2076038

Bright MLS

APN: 40-00-30244-001