NOT LISTED FOR SALE

401 Merion Rd Merion Station, PA 19066

Estimated Value: $1,759,620 - $2,034,000

7 Beds
6 Baths
6,024 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,500,000 $249 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $12,049/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • 0.68 Acre Lot
  • Deck
  • Merion Elementary School Rated A+
  • Colonial Architecture
  • Recreation Room

About This Home

As of July 2022

Beautiful Stone Colonial on a 0.67-acre corner lot in sought-after Merion Station features 7 bedrooms, 4 full bathrooms, 2 half baths, and a huge, level, landscaped, fenced-in yard with a pool! The large formal living has hardwood floors that flow throughout, a wood-burning fireplace, and crown molding that leads to the formal dining room which is perfect for hosting gatherings both large and small. Spacious kitchen with tons of cabinet space, pantry, double oven, 2 dishwashers, breakfast room, and access to the oversized back deck. Cozy sunroom with brick floors and a convenient half bathroom complete this level. Up the stairs to the second floor is the primary bedroom suite with a large closet, sitting area, and full bath, a large 2nd bedroom with a full ensuite bath, 2 additional bedrooms, and a hall bath. The third floor has 3 bedrooms, a full hall bath, and additional storage. Finished lower level with playroom, a prohibition bar, another half bath, a laundry room, and 2 storage rooms. 3-car garage and a large circular driveway. Located in the award-winning Lower Merion School District. Close to dining and shopping areas of Wynnewood, and Merion and a quick commute to Center City. Walk to train, public transportation, houses of worship and all downtown Narberth has to offer! This home has it all, schedule your viewing today!

Last Agent to Sell the Property

Damon Michels

KW Main Line - Narberth License #AB067731 Listed on: 06/14/2022

KW Main Line - Narberth

Last Buyer's Agent

Alexis McBride

Keller Williams Main Line

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,024

Year Built

  • Built in 1910

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 189.00 x 0.00
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Ground Rent
  • Property is zoned R2

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Heated Basement
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Exterior Lighting

Schools

  • Merion Elementary School
  • Lower Merion High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Merion Subdivision

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number 40-00-37136-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,024

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-06-15
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood, Wood
  • Interior Amenities: Breakfast Area, Crown Moldings, Kitchen - Eat-In, Butlers Pantry, Primary Bath(s), Laundry Chute, Tub Shower, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • 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, Family Room, Bedroom 1, Sun/Florida Room, Laundry, Recreation Room, Storage Room, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Windows, Heated
  • Laundry Type: Basement
  • Total Sq Ft: 6024
  • Living Area Sq Ft: 6024
  • Price Per Sq Ft: 290.52
  • Above Grade Finished Sq Ft: 5504
  • Below Grade Finished Sq Ft: 520
  • Total Below Grade Sq Ft: 520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • 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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Exterior Lighting, Street Lights
  • Pool Features: Heated, In Ground
  • Roof: Slate
  • 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
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Built In, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • 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: Oil, Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Elementary School: MERION
  • High School: LOWER MERION
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396851
  • School District Source: 3rd Party
  • Elementary School: MERION
  • High School: LOWER MERION

Lot Info

  • Fencing: Fully
  • Land Use Code: 1101
  • Lot Features: Corner, Front Yard, Landscaping, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.68
  • Lot Dimensions: 189.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29500.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 17475.00
  • Tax Annual Amount: 22024.00
  • Assessor Parcel Number: 40-00-37136-003
  • Tax Lot: 281
  • Tax Total Finished Sq Ft: 4831
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/29/2022

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 25, 2022
Sold by
Abraham Scheer
Bought by
Schapiro Schneur Zalman and Platt Hallie
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Alexis McBride
Keller Williams Main Line
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Current Estimated Value
$1,853,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,207
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Oct 19, 2006
Sold by
Smith Rosemary C and Smith Gavin M
Bought by
Scheer Randy H and Scheer Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.47%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Smith Rosemary C
Bought by
Smith Rosemary C

Purchase Details

Closed on
Nov 11, 1996
Sold by
Smith Brian J and Smith Rosemary C
Bought by
Smith Brian J
Source: Public Records

Range of Values:

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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
Schapiro Schneur Zalman $1,500,000 Rosner Settlement Services
Scheer Randy H $1,150,000 None Available
Smith Rosemary C -- --
Smith Brian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheer Randy H $975,000
Previous Owner Scheer Abraham $945,000
Previous Owner Scheer Randy H $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,500,000 -6.2% $249 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,599,000 -- $265 / 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 $23,417 $560,720 -- --
2024 $23,417 $560,720 -- --
2023 $22,441 $560,720 $0 $0
2022 $22,025 $560,720 $0 $0
2021 $21,523 $560,720 $0 $0
2020 $20,998 $560,720 $0 $0
2019 $20,627 $560,720 $0 $0
2018 $20,627 $560,720 $0 $0
2017 $19,869 $560,720 $0 $0
2016 $19,651 $560,720 $0 $0
2015 $18,321 $560,720 $0 $0
2014 $18,321 $560,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2038980

Bright MLS

APN: 40-00-37136-003