NOT LISTED FOR SALE

40 Wellesley Rd Swarthmore, PA 19081

Estimated Value: $1,677,000 - $2,806,043

6 Beds
6 Baths
8,420 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $1,215,000 $144 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $16,306/month

Highlights

  • Heated In Ground Pool
  • Heated Floors
  • Curved or Spiral Staircase
  • Swarthmore-Rutledge School Rated A
  • 1.93 Acre Lot
  • Colonial Architecture

About This Home

As of June 2020

Situated on nearly two magnificent acres, Riverview Farm Estate seamlessly blends character and history with 21st century upgrades for today's buyer! Originally built in 1916 as part of a 100-acre dairy farm, this stately home is filled with thoughtful detail throughout. Offering 6 bedrooms and 3.3 bathrooms, many of the original features remain in this Colonial style home, such as wide plank hardwood floors, original trim work and doors, built-in cabinetry, and 10 fireplaces. Upon entering the front door, you are greeted by the grand front-to-back foyer, with formal living and dining rooms on either side, and a beautiful extra wide staircase to the second level. The living room features original built-ins, a wood burning fireplace, and two sets of french doors that open to a covered patio with outdoor fireplace. The dining room with a gas fireplace, is perfect for all of your intimate gatherings. Also, on the first floor, you'll find the office and family room, both with fireplaces! The large family room opens to another outdoor covered patio overlooking the heated, in-ground pool. The updated kitchen and butler's pantry offer gorgeous new granite countertops, new fixtures, updated appliances, and original built-in cabinets. A back staircase leads to a private area with bedroom, sitting area, and an updated full bathroom - perfect as in-law/au pair suite. Continuing on the second floor, you'll find two guest rooms, one that opens to a balcony and offers a half bath and comfy sitting area with fireplace. The large master bedroom features a beautiful master bath updated in 2015, walk-in closet/dressing room, a fireplace, and has a connecting bedroom that could be used as a nursery or separate dressing area. Completing the second floor is an updated jack and jill hall bathroom. The third level of this home features two bedrooms (one currently used as exercise space), half bath, and a grand entertaining space with dormer windows, fireplace, and tall rounded ceilings. A partially finished full basement offers plenty of storage and an oversized laundry room with two washers and dryers. The grounds of this stunning property are professionally landscaped and feature a pond, covered patio areas, and a heated in-ground pool. There is also a detached 3-car garage with an apartment. This beautiful home, with all of its history and charm, is located within walking distance to the many shops and restaurants of Swarthmore Borough including the "Ville", close to the train station and I-95 for an easy commute to Philadelphia, and minutes to downtown Media offering year round activities and festivals! Call now for your appointment to see this amazing home - you won't be disappointed!

Last Agent to Sell the Property

Meghan Chorin

(610) 299-9504 meghan.chorin@compass.com Compass RE Listed on: 01/30/2020

Compass RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 1.93 Acre Lot
  • Wood Fence
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in very good condition

Parking

  • 3 Car Detached Garage
  • 10 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Pitched Roof
  • Shingle Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • 8,420 Sq Ft Home
  • Property has 3 Levels
  • Curved or Spiral Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Vaulted Ceiling
  • Recessed Lighting
  • 11 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Stained Glass
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Marble
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Pond
  • Multiple Balconies
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Strath Haven Middle School
  • Strath Haven High School

Utilities

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

Community Details

  • No Home Owners Association
  • Swarthmore Hills Subdivision

Listing and Financial Details

  • Tax Lot 253-000
  • Assessor Parcel Number 43-00-01318-00

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Extra Refrigerator/Freezer, Six Burner Stove, Stainless Steel Appliances, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Heated, Marble, Tile/Brick
  • Interior Amenities: Attic, Built-Ins, Butlers Pantry, Carpet, Cedar Closet(s), Chair Railings, Crown Moldings, Curved Staircase, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Stain/Lead Glass, Stall Shower, Store/Office, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 11
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Vaulted Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Bedroom 1, Exercise Room, Laundry, Office, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 8420
  • Living Area Sq Ft: 8420
  • Price Per Sq Ft: 165.68
  • Above Grade Finished Sq Ft: 8420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Underground Lawn Sprinkler
  • Pool Features: Fenced, Heated, In Ground
  • Roof: Flat, Pitched, Rubber, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 10
  • Parking Features: Circular Driveway, Electric Vehicle Charging Station(s), Paved Driveway, Private
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System
  • 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: WALLINGFORD-SWARTHMORE
  • Middle School: STRATH HAVEN
  • High School: STRATH HAVEN
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396626
  • School District Source: Listing Agent
  • High School: STRATH HAVEN
  • Middle Or Junior School: STRATH HAVEN

Lot Info

  • Additional Parcels: No
  • Fencing: Wood
  • Land Use Code: R-10
  • Lot Features: Front Yard, Landscaping, Pond, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.93
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 84070.80
  • Outdoor Living Structures: Balconies- Multiple, Patio(s), Porch(es), Screened
  • Property Condition: Good, Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 38399.00
  • Tax Annual Amount: 47456.00
  • Assessor Parcel Number: 43-00-01318-00
  • Tax Lot: 253-000
  • Tax Total Finished Sq Ft: 8420
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/01/2020

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
May 20, 2020
Sold by
Hull Wesley and Hull Diana
Bought by
Cole David A and Cole Ann Lr
Seller's Agent
Meghan Chorin
Compass RE
List Price
$1,475,000
Sold Price
$1,215,000
Premium/Discount to List
-$260,000
-17.63%
Current Estimated Value
$2,330,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,115,681
Avg. Annual Appreciation
14.06%
Original Mortgage
$972,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Hull Wesley and Hull Diana
Bought by
Mckenna Ryan Michael and Mckenna Kristen M

Purchase Details

Closed on
Mar 16, 2016
Sold by
Hull Wesley
Bought by
Hull Wesley and Hull Diana

Purchase Details

Listed on
Oct 18, 2014
Closed on
Dec 12, 2014
Sold by
Lewis Andrew A and Lewis Virginia B
Bought by
Hull Wesley
Seller's Agent
Perri Ann Evanson
BHHS Fox & Roach-Media
Buyer's Agent
Susan Manners
BHHS Fox & Roach-Chadds Ford
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$1,500,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1997
Sold by
Shepard Geoffrey C and Shepard Saundra C
Bought by
Lewis Andrew A and Lewis Virginia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Cole David A $1,215,000 Tss
Mckenna Ryan Michael -- Trident Land Transfer Co Lp
Mckenna Ryan Michael -- Trident Land Transfer Co Lp
Mckenna Ryan Michael $260,000 None Available
Mckenna Ryan Michael $260,000 None Available
Hull Wesley -- Attorney
Hull Wesley $2,000,000 None Available
Lewis Andrew A $1,200,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole David A $972,000
Previous Owner Hull Wesley $1,500,000
Previous Owner Lewis Andrew A $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $1,215,000 -12.9% $144 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $1,395,000 -5.4% $166 / Sq Ft
01/30/2020 01/30/20 For Sale $1,475,000 -26.3% $175 / Sq Ft
12/12/2014 12/12/14 Sold $2,000,000 0.0% $238 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $2,000,000 -- $238 / 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 $47,387 $1,315,000 $273,100 $1,041,900
2024 $47,387 $1,315,000 $273,100 $1,041,900
2023 $45,552 $1,315,000 $273,100 $1,041,900
2022 $40,973 $1,215,000 $273,100 $941,900
2021 $66,735 $1,215,000 $273,100 $941,900
2020 $47,456 $813,400 $250,940 $562,460
2019 $42,955 $755,300 $250,940 $504,360
2018 $59,236 $1,059,060 $0 $0
2017 $57,905 $1,059,060 $0 $0
2016 $5,812 $1,059,060 $0 $0
2015 $5,812 $1,059,060 $0 $0
2014 $5,812 $1,059,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE508088

Bright MLS

APN: 43-00-01318-00