NOT LISTED FOR SALE

501 Broad Acres Rd Penn Valley, PA 19072

Estimated Value: $1,180,000 - $1,380,000

4 Beds
4 Baths
3,623 Sq Ft
$347/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $760,000 $210 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,928/month

1 Day on Market

Highlights

  • Gourmet Kitchen
  • Cape Cod Architecture
  • Wooded Lot
  • Penn Valley School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of July 2020

Wonderful, expanded, stone Cape Cod-style home in coveted Penn Valley neighborhood. This beautiful property has been expensively and tastefully updated and is in move-in condition. It offers generous-sized rooms filled with natural light, beautiful hardwood floors, ample closet space and storage. Covered porch. Welcoming entrance hall leading to large living room with gas fireplace, wall of built-in cabinetry and gorgeous wide plank hardwood flooring. The living room leads to a large dining room with doors to both the gourmet kitchen and the fabulous 2-story family room/breakfast room addition, thereby offering great flow for entertaining. The kitchen can also be accessed from the family room/breakfast room as well as the hallway. The well-equipped kitchen has beautiful cabinetry, granite counters, under-cabinet lighting, high-end appliances and marble tile flooring. The stunning family room is a wonderful feature of this lovely home. It has a wood burning "heat-a-later" fireplace, custom Andersen sliding doors leading to the large deck, and a good size breakfast room. Further down the hallway there is a formal powder room and a master bedroom suite. The master suite comprises a beautiful marble bathroom, a den/sitting room with custom Andersen sliding doors to the deck, master bedroom with ample closets including a large walk-in closet, and a bonus room currently being used as an office. The second floor offers 3 generous-size bedrooms, a hall bathroom and a hall (cedar) closet. The large lower level is finished, with a powder room, a stone wood-burning fireplace and offers great additional entertaining space. There is also a laundry room and a large storage room. Doors lead to the 2-car attached garage. The back yard is very private with lovely plantings and has a large storage shed. In addition to the 2-car garage, there is also a car port which can accommodate 2 additional cars. New roof (May 2020). Whole house generator. This lovely home is conveniently located close to shopping, Narberth train station and major arteries.

Last Agent to Sell the Property

Suzy Coffey

BHHS Fox & Roach-Haverford License #RS250662 Listed on: 06/09/2020

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Jeffrey Beer

Keller Williams Real Estate-Doylestown License #RM423353

Keller Williams Real Estate-Doylestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,557

Year Built

  • Built in 1970

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 266.00 x 0.00
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • 3 Driveway Spaces
  • 2 Attached Carport Spaces
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Plaster Walls
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Garden Views
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Double Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Front Loading Washer
  • Gas Dryer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Penn Valley Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 40-00-07312-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,557

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All Light Fixtures, Washer & Dryer, Whole House Generator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-09
  • Federal Flood Zone: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer - Gas, Exhaust Fan, Oven - Double, Oven - Self Cleaning, Refrigerator, Washer - Front Loading, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Attic/House Fan, Built-Ins, Cedar Closet(s), Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Skylight(s), Stall Shower, Store/Office, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Screens, Skylights, Wood Frame
  • Fireplace Features: Gas/Propane, Mantel(s), Stone, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Office, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Garage Access, Heated, Interior Access, Walkout Level, Windows
  • Laundry Type: Basement, Hookup, Lower Floor
  • Total Sq Ft: 3623
  • Living Area Sq Ft: 3623
  • Price Per Sq Ft: 245.51
  • Above Grade Finished Sq Ft: 3173
  • Below Grade Finished Sq Ft: 450
  • Total Below Grade Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 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
  • Other Structures List: Shed
  • Construction Materials: Stone, Vinyl Siding
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Carport Spaces: 2
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Carport Spaces: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Attached Carport, Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1101
  • Lot Features: Corner, Front Yard, Irregular, Level, Rear Yard, Sideyard(s), Sloping, Trees/Wooded
  • Lot Size Acres: 0.59
  • Lot Dimensions: 266.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25800.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 9197.00
  • Tax Annual Amount: 11557.00
  • Assessor Parcel Number: 40-00-07312-001
  • Tax Lot: 115
  • Tax Total Finished Sq Ft: 3173
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/24/2020

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 20, 2020
Sold by
Mcdermott Joseph B and Mcdermott Louise P
Bought by
Frankel David C and Schmidt Anne P
Seller's Agent
Suzy Coffey
BHHS Fox & Roach-Haverford
Buyer's Agent
Jeffrey Beer
Keller Williams Real Estate-Doylestown
List Price
$779,000
Sold Price
$760,000
Premium/Discount to List
-$19,000
-2.44%
Current Estimated Value
$1,258,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,033
Avg. Annual Appreciation
10.43%
Original Mortgage
$638,400
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1982
Bought by
Mcdermott Joseph B and Mcdermott Louise
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
Frankel David C $760,000 None Available
Mcdermott Joseph B $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frankel David C $638,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $760,000 -2.4% $210 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $779,000 -- $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 $12,889 $308,620 $132,080 $176,540
2024 $12,889 $308,620 $132,080 $176,540
2023 $12,351 $308,620 $132,080 $176,540
2022 $12,123 $308,620 $132,080 $176,540
2021 $11,847 $308,620 $132,080 $176,540
2020 $11,557 $308,620 $132,080 $176,540
2019 $11,353 $308,620 $132,080 $176,540
2018 $11,353 $308,620 $132,080 $176,540
2017 $10,936 $308,620 $132,080 $176,540
2016 $10,816 $308,620 $132,080 $176,540
2015 $10,084 $308,620 $132,080 $176,540
2014 $10,084 $308,620 $132,080 $176,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC650830

Bright MLS

APN: 40-00-07312-001