NOT LISTED FOR SALE

438 Sprague Rd Penn Valley, PA 19072

Estimated Value: $2,170,000 - $2,563,000

5 Beds
8 Baths
6,400 Sq Ft
$376/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $1,825,000 $285 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,692/month

Highlights

  • In Ground Pool
  • Commercial Range
  • Deck
  • Belmont Hills El School Rated A+
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of January 2017

Another spectacular two-story center hall colonial masterpiece built by Sposato Home Builder. What once was a modest, stone-faced rancher sitting on this fabulous property, is now transformed into a majestic newly constructed home. The main level features an eat-in gourmet kitchen with stainless steel appliances, a large center island with quartz counter-tops and subway tile back-splash. The main level has an open concept layout situated and styled to be perfect for entertaining. With sight-lines from the kitchen through the sun-lit morning room into the inviting family room with a gas fireplace, the main level is an enchanting space for hosting. Also featured on the main level is a two-story foyer, dining room, living room, office, large mudroom with built in storage, oversized pantry, butler?s pantry with a wine fridge, two half baths, a three car garage, as well as access to a relaxing outdoor deck. Abundant natural light illuminates the exquisite hardwood floors used throughout the house. Elegant wainscoting and crown molding is used tastefully throughout the main level. The upper level has five incredible bedrooms and bathrooms. The the master suite features coveted tray ceilings, double doors for privacy, a sitting area, as well as his and hers walk in closets. A huge arched window is the focal point of the master bath and serves as the backdrop for the stand-alone soaker tub. The master suite also features his and hers sinks with granite counter tops and a luxurious glass-enclosed shower with dual shower-heads. There are four additional spacious bedrooms, three of them have walk-in closets and their own private full baths that feature a decorative tiled shower/tub, tiled flooring, and granite counter top. At the opposite end of the hall from the master, there is a large in-law suite with private bath with spacious walk-in closet. A spacious laundry room with stylish tiled flooring designed to look like hardwood is also located on the upper level. For added convenience, there is a second staircase, which leads you down to the main floor by the mudroom area. Finally, the lower level is a fully finished basement that boasts a rustic stone fireplace and a full bath with shower. This finely crafted home leaves nothing to be desired. From the recessed lighting to the finished hardwood floors and open concept floor plan. this home is conveniently located to Center city and award winning Lower Merion Schools.

Last Agent to Sell the Property

Randy Barker

Compass RE License #RS279648 Listed on: 11/28/2016

Compass RE

Last Buyer's Agent

Scott Bohrer

Mega Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,483

Year Built

  • Built in 1955 | Remodeled in 2016

Lot Details

  • 0.66 Acre Lot
  • Corner Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Roof
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Welsh Valley Middle School
  • Harriton Senior High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 40-00-55396-004

Community Details

Overview

  • No Home Owners Association
  • Penn Valley Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,483

Year Built

Built in 1955 | Remodeled in 2016

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
  • Year Built: 1955
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Kitchen - Eat-In
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Foundation Details: Stone, Concrete Perimeter
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 6400
  • Living Area Sq Ft: 6400
  • Net Sq Ft: 5400.00
  • Price Per Sq Ft: 351.85
  • Above Grade Finished Sq Ft: 5400
  • Below Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 438

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 5
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Access To Pool: Yes
  • Pool Features: In Ground
  • Roof: Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: LOWER MERION
  • Middle School: WELSH VALLEY
  • High School: HARRITON SENIOR
  • School District Key: 300200396851
  • High School: HARRITON SENIOR
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Land Use Code: 2104
  • Lot Features: Corner
  • Lot Size Acres: 0.66
  • Lot Dimensions: 259
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28700.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9483.00
  • Assessor Parcel Number: 40-00-55396-004
  • Tax Lot: 012
  • Tax Year: 2016
  • Close Date: 01/27/2017

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 23, 2017
Sold by
Vinand Holdings Llc
Bought by
Jain Rajan and Jain Angela Gupta
Seller's Agent
Randy Barker
Compass RE
Buyer's Agent
Scott Bohrer
Mega Realty, LLC
List Price
$1,900,000
Sold Price
$1,825,000
Premium/Discount to List
-$75,000
-3.95%
Current Estimated Value
$2,403,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,594
Avg. Annual Appreciation
3.38%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 19, 2015
Sold by
Kestenbaum Joseph and Kestenbaum Sharon Tobin
Bought by
Vinand Holdings Llc
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
Randy Barker
Compass RE
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
276.13%
Original Mortgage
$322,750
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2005
Sold by
438 Sprague Assocs Lp
Bought by
Kestenbaum Joseph and Kestenbaum Sharon Tobin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Goldfeder Samuel and Stein Laura
Bought by
438 Sprague Assocs Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Sold by
Krevitz Harold and Krevitz Marian
Bought by
Goldfeder Sam and Stein Laura
Source: Public Records

Range of Values:

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Average Value
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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
Jain Rajan $1,825,000 None Available
Vinand Holdings Llc $425,000 None Available
Kestenbaum Joseph $710,000 --
438 Sprague Assocs Lp $595,000 --
Goldfeder Sam $303,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vinand Holdings Llc $322,750
Previous Owner Vinand Holdings Llc $322,750
Previous Owner Kestenbaum Joseph $650,000
Previous Owner 438 Sprague Associates Lp $1,025,000
Previous Owner 438 Sprague Assocs Lp $1,025,000
Previous Owner Goldfeder Sam $75,000
Previous Owner Stein Laura $394,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $1,825,000 -3.9% $285 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $1,900,000 +347.1% $297 / Sq Ft
12/23/2015 12/23/15 Sold $425,000 0.0% $241 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $425,000 -- $241 / 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 $34,633 $829,280 -- --
2024 $34,633 $829,280 -- --
2023 $33,189 $829,280 $0 $0
2022 $32,574 $829,280 $0 $0
2021 $31,832 $829,280 $0 $0
2020 $31,055 $829,280 $0 $0
2019 $30,506 $829,280 $0 $0
2018 $30,506 $829,280 $0 $0
2017 $5,166 $145,800 $0 $0
2016 $5,109 $270,590 $145,800 $124,790
2015 $9,168 $270,590 $145,800 $124,790
2014 $8,842 $270,590 $145,800 $124,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003483847

Bright MLS

APN: 40-00-55396-004