Seller's Agent in 2023
Karrie Gavin
Elfant Wissahickon-Rittenhouse Square
(215) 260-1376
1 in this area
657 Total Sales
Latch's Lane Condominiums 40 Old Lancaster Rd Unit 407 Merion Station, PA 19066
Estimated Value: $377,000 - $398,000
2
Beds
2
Baths
1,458
Sq Ft
$685/mo
HOA Fee
Highlights
- Fitness Center
- Traditional Architecture
- Community Pool
- Merion Elementary School Rated A+
- Wood Flooring
- Meeting Room
About This Home
As of May 2023Don't miss this spacious 2 Bed/2 Bath + Den condo in the popular Latch's Lane Condominium, the largest 2 bedroom layout in the building. Step inside the entryway and notice the gorgeous parquet floors, leading you to the open concept layout, through the entrance hall/dining room to the spacious living room with large windows offering tree-top views. The unit features a spacious primary bedroom with a large walk-in-closet and private bathroom with stall shower. The secondary bedroom and secondary bathroom are situated on the other side of the unit for optimal privacy. Off of the main entry/dining room, find the kitchen and a convenient den/office, maximizing usable space in the home! This ideal layout can be easily customized. The building features an exercise room, club room, outdoor pool, picnic areas and large, lush grounds. Condo fees include heat, gas, water, outdoor parking, private storage unit, on-site management and elevators (including a sabbath elevator). Conveniently located near Route 76, regional rail and bus lines, and City Avenue Corridor for commuting and shopping ease!
Last Agent to Sell the Property
Elfant Wissahickon-Rittenhouse Square License #RS317681 Listed on: 01/19/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,499
Year Built
- Built in 1948
Lot Details
- 1,481
HOA Fees
- $685 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,458 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Wood Flooring
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Lower Merion High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Steam
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 422
- Assessor Parcel Number 40-00-44101-121
Community Details
Overview
- Association fees include gas, heat, water, common area maintenance
- Mid-Rise Condominium
- Latches Lane Condo Community
- Latchs Lane Subdivision
Amenities
- Picnic Area
- Meeting Room
- Party Room
- Laundry Facilities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Cats Allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2023
Closed on
May 15, 2023
Sold by
Goren Ellen
Bought by
Salkin Lori D
Seller's Agent
Karrie Gavin
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Israela Haor-Friedman
BHHS Fox & Roach-Haverford
List Price
$389,500
Sold Price
$350,000
Premium/Discount to List
-$39,500
-10.14%
Views
151
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,513
Avg. Annual Appreciation
5.51%
Original Mortgage
$262,500
Outstanding Balance
$256,464
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$138,038
Purchase Details
Closed on
Jun 4, 2018
Sold by
Goren Cherie
Bought by
Goren Cherie and Goren Ellen
Purchase Details
Closed on
Sep 15, 1999
Sold by
Goren Joseph Robert and Goren Cherie
Bought by
Goren Cherie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salkin Lori D | $350,000 | None Listed On Document | |
| Goren Cherie | -- | None Available | |
| Goren Cherie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salkin Lori D | $262,500 | |
| Previous Owner | Goren Cherie | $345,000 | |
| Previous Owner | Goren Cherie | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $350,000 | -4.9% | $240 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | Price Changed | $368,000 | -5.5% | $252 / Sq Ft |
| 01/19/2023 01/19/23 | For Sale | $389,500 | -- | $267 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,695 | $112,430 | $28,400 | $84,030 |
| 2023 | $4,499 | $112,430 | $28,400 | $84,030 |
| 2022 | $4,416 | $112,430 | $28,400 | $84,030 |
| 2021 | $4,316 | $112,430 | $28,400 | $84,030 |
| 2020 | $4,210 | $112,430 | $28,400 | $84,030 |
| 2019 | $4,136 | $112,430 | $28,400 | $84,030 |
| 2018 | $4,136 | $112,430 | $28,400 | $84,030 |
| 2017 | $3,984 | $112,430 | $28,400 | $84,030 |
| 2016 | $3,940 | $112,430 | $28,400 | $84,030 |
| 2015 | $3,673 | $112,430 | $28,400 | $84,030 |
| 2014 | $3,673 | $112,430 | $28,400 | $84,030 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2023
Rena Asher
Elfant Wissahickon-Rittenhouse Square
1 in this area
9 Total Sales
-
Buyer's Agent in 2023
Israela Haor-Friedman
BHHS Fox & Roach
(610) 730-0731
26 in this area
118 Total Sales
About Latch's Lane Condominiums
Map
Source: Bright MLS
MLS Number: PAMC2061798
APN: 40-00-44101-121
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 40 Old Lancaster Rd Unit 408
- 40 Old Lancaster Rd Unit 309
- 40 Old Lancaster Rd Unit 605
- 40 Old Lancaster Rd Unit 302
- 162 Union Ave
- 5221 Church Rd
- 6 Balwyn Place
- 101 Montgomery Ave Unit A-5
- 104 Llanfair Rd
- 20 Montgomery Ave Unit K
- 2405 N 57th St
- 2306 N 52nd St
- 314 Cynwyd Rd
- 20 Berwick Rd
- 415 City Ave Unit B2
- 415 City Ave Unit H2
- 2304 N 51st St
- 20 Conshohocken State Rd Unit 504
- 20 Conshohocken State Rd
- 20 Conshohocken State Rd Unit 611
- 40 Old Lancaster Rd Unit 311
- 40 Old Lancaster Rd Unit 314
- 40 Old Lancaster Rd Unit 615
- 40 Old Lancaster Rd Unit 210
- 40 Old Lancaster Rd Unit 106
- 40 Old Lancaster Rd Unit 212
- 40 Old Lancaster Rd Unit 105
- 40 Old Lancaster Rd Unit 514
- 40 Old Lancaster Rd Unit 304
- 40 Old Lancaster Rd Unit 101
- 40 Old Lancaster Rd Unit 213
- 40 Old Lancaster Rd Unit 316
- 40 Old Lancaster Rd Unit 305
- 40 Old Lancaster Rd Unit 415
- 40 Old Lancaster Rd Unit 301
- 40 Old Lancaster Rd Unit 203
- 40 Old Lancaster Rd Unit 512
- 40 Old Lancaster Rd Unit 209
- 40 Old Lancaster Rd Unit 111
- 40 Old Lancaster Rd Unit 608