NOT LISTED FOR SALE

37 Simpson Rd Unit 2 Ardmore, PA 19003

Estimated Value: $1,574,000 - $2,374,946

5 Beds
4.5 Baths
4,300 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 01, 2025

Last sale price $2,350,000 $547 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,275/month

139 Days on Market

Highlights

  • New Construction
  • 0.25 Acre Lot
  • No HOA
  • Penn Valley School Rated A+
  • Traditional Architecture
  • 2-minute walk to Linwood Park

About This Home

As of May 2025

Rayer Home Builders is underway! This time in Ardmore! Bringing two new homes here in this lovely authentic town. These Ardmore homes have a story in and about themselves, where Rayer Homes has transpired that authentic look that was designed from the existing works of art that line these streets still today. Rayer’s new design boasts a large aerial roof design accenting the edges of the hip roofs by extending the eaves. This early 1900’s look captures the beauty and constancy that this town is pumping with. There is also a wraparound front porch that signifies this corner lot where you can captivate every angle of what this exuberant neighborhood has to offer. Rayer has taken this look that has been cherished by the town of Ardmore and is putting that together with the high quality of the authentic material that is so heavily desired on the Main Line today. This house has a considerate amount of materials from stone, to shaker siding, to the James Hardie horizontal smooth face finish that gives this home that monumental look and feel that this town has flourished with over the years. This location sits in the heart of Ardmore where high-end restaurants and stores are just a short but also mesmerizing walk away. You will never get tired of this area because it is filled with the beauty and convenience that everyone covets here on the Main Line. Rayer Home Builders is here bringing homes to life, giving families a design with precision, and are conscious of the needs and wants that will tend to you and your family and make you feel like this is the forever home for you.

Last Agent to Sell the Property

David Cohen

(215) 260-5860 davidmilescohen@gmail.com Compass RE Listed on: 06/20/2024

Compass RE

Co-Listed By

Michael McCann

mmccann@mccannteam.com KW Empower License #AB049770L

Last Buyer's Agent

Lauren Leithead

(215) 694-7590 laurenleithead@gmail.com Compass RE License #RS278978

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 166.00 x 0.00
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 4,300 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40-00-55004-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,507

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Laundry Type: Has Laundry
  • Total Sq Ft: 4300
  • Living Area Sq Ft: 4300
  • Price Per Sq Ft: 581.40
  • Above Grade Finished Sq Ft: 4300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: No
  • 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
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 166.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 8307.00
  • Tax Annual Amount: 10507.00
  • Assessor Parcel Number: 40-00-55004-009
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
May 1, 2025
Sold by
John Rayer & Son Builders Llc
Bought by
Chin Alexander and Chin Cecillia
Seller's Agent
David Cohen
Compass RE
Buyer's Agent
Lauren Leithead
Compass RE
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%
Views
113
Current Estimated Value
$2,171,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,513
Avg. Annual Appreciation
-11.61%

Purchase Details

Closed on
Oct 6, 2021
Sold by
Alberici Carl F and Scherb Laura
Bought by
Scherb Laura and Burns Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2009
Sold by
Wilbur K Baylor Tr and Tunnell Ellwood D
Bought by
Alberici Laura A and Alberici Carl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,750
Interest Rate
4.85%
Mortgage Type
VA

Purchase Details

Closed on
May 21, 2001
Sold by
Baylor Wilbur K
Bought by
Wilbur K Baylor Tr and Wilbur K Baylor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chin Alexander $2,350,000 None Listed On Document
Chin Alexander $2,350,000 None Listed On Document
Scherb Laura -- None Available
Alberici Laura A $450,000 None Available
Wilbur K Baylor Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherb Laura $625,000
Previous Owner Alberici Laura A $441,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $2,350,000 -6.0% $547 / Sq Ft
06/20/2024 06/20/24 For Sale $2,500,000 -- $581 / 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 $10,232 $29,680 -- --
2024 $10,232 $244,990 $62,130 $182,860
2023 $9,806 $244,990 $62,130 $182,860
2022 $9,623 $244,990 $62,130 $182,860
2021 $9,404 $244,990 $62,130 $182,860
2020 $9,174 $244,990 $62,130 $182,860
2019 $9,012 $244,990 $62,130 $182,860
2018 $9,013 $244,990 $62,130 $182,860
2017 $8,681 $244,990 $62,130 $182,860
2016 $8,586 $244,990 $62,130 $182,860
2015 $8,005 $244,990 $62,130 $182,860
2014 $8,005 $244,990 $62,130 $182,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2108626

Bright MLS

APN: 40-00-55004-009