NOT LISTED FOR SALE

5 Summit Rd Malvern, PA 19355

Estimated Value: $772,000 - $879,000

4 Beds
2.5 Baths
2,586 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $550,000 $213 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,787/month

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • Sugartown Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of April 2016

Four years old, custom built, low taxes and low utilities ?- average gas and electric for past year was $126/month (for a family of 5) -- that's $1520 a year! Hardwood floors throughout, natural light, 9' ceilings. Enjoy a fire in the Great Room on cool fall and winter evenings. Family room with bar for watching the game or movies; study/office area in the finished basement. Entertain in the dining room off the kitchen. Upstairs Master bedroom with walk-in closet and spacious master bath, three bedrooms, hall bath and laundry room on the second floor. Rear deck overlooks a private backyard perfect for barbecuing and entertaining with built-in bench seating. Two-car attached garage. Storage shed. Convenient location ? walk to Malvern Borough for shopping, restaurants; short drive to Wegmans, etc! Easy access to Rt. 30, Rt. 352 Rt. 202, Slip ramp to I-76 for ease in commuting or travel.

Last Agent to Sell the Property

Connielynne Hodgkins

(610) 931-9959 connielynne.hodgkins@foxroach.com BHHS Fox & Roach Malvern-Paoli Listed on: 09/30/2015

BHHS Fox & Roach Malvern-Paoli

Last Buyer's Agent

Lauren Dickerman Covington

(610) 363-4383 lauren@dickermanteam.com Keller Williams Real Estate -Exton

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,513

Year Built

  • Built in 2011

Lot Details

  • 0.52 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R2

Parking

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

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,586 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0011.0100
  • Assessor Parcel Number 42-07C-0011.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,513

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Year Built: 2011
  • Remarks Public: Four years old, custom built, low taxes and low utilities ?- average gas and electric for past year was $126/month (for a family of 5) -- that's $1520 a year! Hardwood floors throughout, natural light, 9' ceilings. Enjoy a fire in the Great Room on cool fall and winter evenings. Family room with bar for watching the game or movies; study/office area in the finished basement. Entertain in the dining room off the kitchen. Upstairs Master bedroom with walk-in closet and spacious master bath, three bedrooms, hall bath and laundry room on the second floor. Rear deck overlooks a private backyard perfect for barbecuing and entertaining with built-in bench seating. Two-car attached garage. Storage shed. Convenient location ? walk to Malvern Borough for shopping, restaurants; short drive to Wegmans, etc! Easy access to Rt. 30, Rt. 352 Rt. 202, Slip ramp to I-76 for ease in commuting or travel.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Energy Efficient Appliances
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2586
  • Living Area Sq Ft: 2586
  • Net Sq Ft: 2586.00
  • Price Per Sq Ft: 212.68
  • Above Grade Finished Sq Ft: 2586
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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

Schools

  • School District: GREAT VALLEY
  • High School: GREAT VALLEY
  • School District Key: 300200397337
  • High School: GREAT VALLEY

Lot Info

  • Improvement Assessed Value: 128240.00
  • Land Assessed Value: 52800.00
  • Land Use Code: R10
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.52
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22739.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6619207
  • Tax Annual Amount: 4513.00
  • Assessor Parcel Number: 42-07C-0011.0100
  • Tax Lot: 0011.0100
  • Tax Year: 2016
  • Close Date: 04/28/2016

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Apr 28, 2016
Sold by
Morrison William J and Morrison Kim C
Bought by
Culbertson Paul James and Culbertson Allison
Seller's Agent
Connielynne Hodgkins
BHHS Fox & Roach Malvern-Paoli
Buyer's Agent
Lauren Dickerman Covington
Keller Williams Real Estate -Exton
List Price
$594,000
Sold Price
$550,000
Premium/Discount to List
-$44,000
-7.41%
Current Estimated Value
$816,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,160
Avg. Annual Appreciation
4.25%
Original Mortgage
$417,000
Outstanding Balance
$332,716
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$483,444

Purchase Details

Closed on
Jun 2, 2011
Sold by
Shelderfer Christopher and Shelderfer Michelle
Bought by
Morrison William J and Morrison Kim C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
4.62%
Mortgage Type
New Conventional
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
Culbertson Paul James $550,000 None Available
Morrison William J $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culbertson Paul James $417,000
Previous Owner Morrison William J $299,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $550,000 0.0% $213 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/18/2016 02/18/16 Price Changed $550,000 -3.3% $213 / Sq Ft
12/01/2015 12/01/15 Price Changed $569,000 -3.1% $220 / Sq Ft
10/29/2015 10/29/15 Price Changed $587,000 -1.2% $227 / Sq Ft
09/30/2015 09/30/15 For Sale $594,000 -- $230 / 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 $5,662 $197,580 $52,800 $144,780
2024 $5,662 $197,580 $52,800 $144,780
2023 $5,054 $181,040 $52,800 $128,240
2022 $4,953 $181,040 $52,800 $128,240
2021 $4,853 $181,040 $52,800 $128,240
2020 $4,773 $181,040 $52,800 $128,240
2019 $4,727 $181,040 $52,800 $128,240
2018 $4,637 $181,040 $52,800 $128,240
2017 $4,637 $181,040 $52,800 $128,240
2016 $802 $181,040 $52,800 $128,240
2015 $802 $181,040 $52,800 $128,240
2014 $802 $181,040 $52,800 $128,240
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002709580

Bright MLS

APN: 42-07C-0011.0100