NOT LISTED FOR SALE

428 Fawn Hill Ln Penn Valley, PA 19072

Estimated Value: $1,989,000 - $2,590,218

5 Beds
4.5 Baths
4,925 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $2,200,000 $447 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,991/month

5 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • No HOA
  • Belmont Hills El School Rated A+
  • Engineered Wood Flooring
  • Beamed Ceilings

About This Home

As of December 2022

Just 2 years young, 428 Fawn Hill Lane is a showstopping custom home located on over an acre of land in a highly coveted neighborhood of Lower Merion Township. It is apparent that every detail was considered when this home was designed and constructed - the modern craftsman style, the well thought out floor plan, and all of the designer finishes - nothing more is needed than to just move right in. Upon entering the home through the double front doors into the 2-story foyer, you are greeted with a bright, open, and functional layout accompanied by a stunning exterior view. You’ll immediately notice the wide plank white oak flooring, sophisticated light fixtures, and 10’ ceilings that continue throughout the first floor. Just beyond the foyer, the private home office is an ideal place to spend your working days in front of the large picture window. Continuing on the first floor, the expansive family room contains a gas fireplace that has been clay-glazed for a sleek concrete look from floor to ceiling. The open and airy dining room with access to the back patio is fit to host all of your guests for holidays and parties alike. The magazine-worthy extended kitchen is a chef and entertainer’s dream with its oversized island and custom Adelphi cabinetry, GE Monogram appliances, 48” range, beverage refrigerator, custom range hood, quartzite countertops, elegant Bedrosian Cloe tile backsplash, and open shelving. The adjacent pantry space contains a second sink, dishwasher, and additional cabinetry and open shelving - just close the pocket door and the kitchen mess is hidden! Just off the kitchen is a breakfast area and sunroom with 2 walls of windows and doors currently being used as a playroom. And to complete the first floor, the mudroom off of the attached 2 car garage (which includes a smart garage door) has whitewashed brick herringbone flooring, custom built-in “cubbies”, powder room, and access to the basement. The second floor contains 4 large and sunny bedrooms (2 of which also have an en suite bathroom), hall bathroom, laundry room, linen closet, and reading nook. The master suite is not to be missed with its double doors, balcony overlooking the rear yard, beamed ceiling, coffee bar with beverage refrigerator, and walk-in custom closet. The luxury bathroom contains a curbless tile shower, double vanity, loads of storage, dreamy soaking tub, separate toilet room, and radiant heated floors. The 2,000+ square foot basement is ready to be finished and has 9’ ceilings, walk up stairs to the backyard, a 3-piece plumbing rough in for a future full bathroom, and a French drain around the perimeter. Outside, a covered front porch, a gracious bluestone patio with built-in gas fire pit, and an expansive yard with custom landscaping added for privacy complete this storybook setting. The home had previously been approved for a pool and cabana house should the lucky new owner choose to add this. Other upgrades include Control 4 Smart Home security system, upgraded speaker system in the first floor, primary bedroom, and back patio, smart blinds in office and primary bedroom with first floor wired for future smart blinds, and a whole-house generator. The location can not be beat with quick access to I-76 and 476, Suburban Square, and Whole Foods, all within the award-winning Lower Merion School District. Get the benefit of a fabulous new construction home without having to wait for the construction to happen.

Last Agent to Sell the Property

Lindsey Toconita

Kurfiss Sotheby's International Realty License #RS343604 Listed on: 09/08/2022

Kurfiss Sotheby's International Realty

Last Buyer's Agent

Lavinia Smerconish

Compass RE License #RS149832A

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,521

Year Built

  • Built in 2020

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 76.00 x 0.00
  • Property is in excellent condition
  • Property is zoned R1

Parking

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

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Poured Concrete
  • Active Radon Mitigation
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Home Security System
  • Laundry on upper level

Kitchen

  • Butlers Pantry
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System
  • Crawl Space

Outdoor Features

  • Balcony
  • Patio

Schools

  • Belmont Hills Elementary School
  • Welsh Valley Middle School
  • Harriton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Built by FT Builds
  • Penn Valley Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 40-00-17916-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,521

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: wall sconces in primary bedroom, light fixture in nursery
  • Inclusions: all appliances in as-is condition with no monetary value
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-08
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Engineered Wood, Tile/Brick
  • Interior Amenities: Butlers Pantry, Exposed Beams, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Active Radon Mitigation, Crawl Space
  • Levels Count: 2
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Drainage System, Full, Outside Entrance, Poured Concrete, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 6925
  • Living Area Sq Ft: 4925
  • Price Per Sq Ft: 486.29
  • Above Grade Finished Sq Ft: 4925
  • Below Grade Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 428

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 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: LOWER MERION
  • Elementary School: BELMONT HILLS
  • Middle School: WELSH VALLEY
  • High School: HARRITON
  • 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: BELMONT HILLS
  • High School: HARRITON
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 1.09
  • Lot Dimensions: 76.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47300.00
  • Outdoor Living Structures: Patio(s), Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R1

Building Info

  • Builder Name: FT Builds

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 22630.00
  • Tax Annual Amount: 28521.00
  • Assessor Parcel Number: 40-00-17916-008
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 4925
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/06/2022

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Nov 3, 2020
Sold by
428 Fawn Hill Lane Llc
Bought by
Kennedy Benjamin C and Kennedy Stacy A
Seller's Agent
Lavinia Smerconish
Compass RE
Buyer's Agent
Lindsey Toconita
Kurfiss Sotheby's International Realty
List Price
$1,875,000
Sold Price
$1,835,000
Premium/Discount to List
-$40,000
-2.13%
Current Estimated Value
$2,339,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,406
Avg. Annual Appreciation
4.73%
Original Mortgage
$183,316
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2018
Closed on
Jan 25, 2019
Sold by
Balkin Burton E and Balkin Esther R
Bought by
428 Fawn Hill Ln Llc
Seller's Agent
Joelyn Levensten
BHHS Fox & Roach-Haverford
Buyer's Agent
Joelyn Levensten
BHHS Fox & Roach-Haverford
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.81%
Original Mortgage
$1,065,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1965
Bought by
Balkin Burton E and Balkin Esther R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kennedy Benjamin C $1,835,000 None Available
428 Fawn Hill Ln Llc $510,000 None Available
Balkin Burton E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Brian $1,650,000
Closed Kennedy Benjamin C $183,316
Closed Kennedy Benjamin C $1,468,000
Previous Owner 428 Fawn Hill Lane Llc $257,500
Previous Owner 428 Fawn Hill Ln Llc $1,065,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $2,200,000 -8.1% $447 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $2,395,000 +30.5% $486 / Sq Ft
11/19/2020 11/19/20 Sold $1,835,000 -2.1% $320 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $1,875,000 +267.6% $327 / Sq Ft
12/21/2018 12/21/18 Sold $510,000 -7.3% $200 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $550,000 -- $215 / 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 $30,324 $726,110 -- --
2024 $30,324 $726,110 -- --
2023 $29,060 $726,110 $0 $0
2022 $28,521 $726,110 $0 $0
2021 $27,872 $726,110 $0 $0
2020 $10,860 $290,000 $167,520 $122,480
2019 $10,668 $290,000 $167,520 $122,480
2018 $10,668 $290,000 $167,520 $122,480
2017 $10,276 $290,000 $167,520 $122,480
2016 $10,163 $290,000 $167,520 $122,480
2015 $9,476 $290,000 $167,520 $122,480
2014 $9,476 $290,000 $167,520 $122,480
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2050084

Bright MLS

APN: 40-00-17916-008