Seller's Agent in 2020
Lavinia Smerconish
Compass RE
(610) 615-5400
10 in this area
370 Total Sales
501 Contention Ln Berwyn, PA 19312
Estimated Value: $1,887,000 - $2,505,000
5
Beds
5
Baths
5,034
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- Greenhouse
- Second Kitchen
- Commercial Range
- New Eagle Elementary School Rated A+
- View of Trees or Woods
- 6.1 Acre Lot
About This Home
As of December 2020From its origin in 1939 when 'Tanglewood' controlled the 25 acres encompassing both sides of Contention Lane through to what is now Castlewood, Devonshire, Hickory, and Tanglewood Rds, this impressive stone Norman-style home retains its strong architectural appeal, now on 6 acres with commanding views of the surrounding woods and stream. Owned by the Heckscher family for almost 60 years until their departure in 1997, the home's interior appointments were influenced by the family?s passion for technology and the railroad industry. One of the first homes with a telephone, interior weather monitoring, recessed lighting, and in-wall speakers, its interior features dramatic detail: a center foyer stair rail formed from a railroad track, and pathway lights similar to those found in train cars of the time. These elements of original innovation and style remain in the home to this day. Following the Heckscher family's ownership, a generous guest house was added above the three+ car garage, featuring a bedroom, bath, kitchen, and fireplace; the space was further improved upon by the current stewards through a comprehensive, exciting interior renovation of the primary bedroom and bath, kitchen, and family bedroom as well as the additions of an exceptional seated bar with beer taps, additional light exposures, and access to the rear yard. Gardens surround a bluestone terrace made even more magical in the evening by overhead bistro lighting. A nature trail rings the property, providing a long walk through woods as well as glimpses of the property's specimen trees, including a hemlock gifted to the original owners by the Japanese government. Unlike so many from this era, this home enjoys high ceilings on its three finished levels with five (5) bedrooms and three (3) full baths found on the main home's second floor. Beautifully located within the TE school district and offering supreme tranquility yet only two turns from major roadways and premium shopping. The home is an oasis with a flexible floor plan able to accommodate many under one roof while still feeling intimate. An exceptional property.
Last Agent to Sell the Property
Compass RE License #RS149832A Listed on: 09/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,442
Year Built
- Built in 1939
Lot Details
- 6.1 Acre Lot
- Sprinkler System
- Property is zoned R1
Parking
- 3 Car Detached Garage
Property Views
- Woods
- Creek or Stream
Home Design
- Normandy Architecture
- Traditional Architecture
- Brick Exterior Construction
- Slate Roof
- Stone Siding
Interior Spaces
- Property has 3 Levels
- Curved or Spiral Staircase
- Bar
- Cathedral Ceiling
- 3 Fireplaces
- Basement Fills Entire Space Under The House
- Home Security System
- Laundry on upper level
Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Butlers Pantry
- Commercial Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
Outdoor Features
- Patio
- Exterior Lighting
- Greenhouse
- Shed
Schools
- Hillside Elementary School
- T E Middle School
- Conestoga Senior High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Radiant Heating System
- Hot Water Heating System
- 200+ Amp Service
- Well
- Propane Water Heater
- Oil Water Heater
Community Details
- No Home Owners Association
- Tanglewood Subdivision
Listing and Financial Details
- Tax Lot 0045
- Assessor Parcel Number 43-10C-0045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2020
Closed on
Nov 25, 2020
Sold by
Sadoulet Samuel P
Bought by
Kim Yong Kook and Kim Linda U
Seller's Agent
Lavinia Smerconish
Compass RE
Buyer's Agent
Sarah West
Compass RE
List Price
$2,050,000
Sold Price
$1,800,000
Premium/Discount to List
-$250,000
-12.2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,997
Avg. Annual Appreciation
5.48%
Original Mortgage
$1,080,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 9, 2015
Closed on
Sep 1, 2015
Sold by
Clark David D and Clark Melissa Gerold
Bought by
Sadoulet Samuel P
Seller's Agent
SUSAN JURGENSEN
BHHS Fox & Roach Malvern-Paoli
Buyer's Agent
David Joslin
Century 21 Advantage Gold - Newtown Square
List Price
$1,500,000
Sold Price
$1,370,000
Premium/Discount to List
-$130,000
-8.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,096,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 12, 1997
Sold by
Heckscher Benjamin H and Heckscher Anna H
Bought by
Clark David D and Clark Melissa Gerold
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
8%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Yong Kook | $1,800,000 | Commonground Abstract Llc | |
| Sadoulet Samuel P | $1,370,000 | First American Title | |
| Clark David D | $555,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Yong Kook | $500,000 | |
| Previous Owner | Kim Yong Kook | $1,080,000 | |
| Previous Owner | Sadoulet Samuel P | $319,044 | |
| Previous Owner | Sadoulet Samuel P | $1,096,000 | |
| Previous Owner | Clark David D | $1,040,000 | |
| Previous Owner | Clark David D | $810,000 | |
| Previous Owner | Clark David D | $750,000 | |
| Previous Owner | Clark David D | $444,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2020 12/04/20 | Sold | $1,800,000 | -5.0% | $358 / Sq Ft |
| 10/22/2020 10/22/20 | Pending | -- | -- | -- |
| 10/13/2020 10/13/20 | Price Changed | $1,895,000 | -7.6% | $376 / Sq Ft |
| 09/13/2020 09/13/20 | For Sale | $2,050,000 | +49.6% | $407 / Sq Ft |
| 09/28/2015 09/28/15 | Sold | $1,370,000 | -8.7% | $272 / Sq Ft |
| 06/21/2015 06/21/15 | Pending | -- | -- | -- |
| 04/09/2015 04/09/15 | For Sale | $1,500,000 | -- | $298 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $24,077 | $683,550 | $287,750 | $395,800 |
| 2023 | $22,616 | $683,550 | $287,750 | $395,800 |
| 2022 | $22,033 | $683,550 | $287,750 | $395,800 |
| 2021 | $21,614 | $683,550 | $287,750 | $395,800 |
| 2020 | $21,018 | $683,550 | $287,750 | $395,800 |
| 2019 | $20,354 | $683,550 | $287,750 | $395,800 |
| 2018 | $19,951 | $683,550 | $287,750 | $395,800 |
| 2017 | $19,475 | $683,550 | $287,750 | $395,800 |
| 2016 | -- | $683,550 | $287,750 | $395,800 |
| 2015 | -- | $683,550 | $287,750 | $395,800 |
| 2014 | -- | $683,550 | $287,750 | $395,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lavinia Smerconish
-
Sarah West
Buyer's Agent in 2020
Sarah West
Compass RE
(415) 205-9773
3 in this area
90 Total Sales
-
SUSAN JURGENSEN
Seller's Agent in 2015
SUSAN JURGENSEN
BHHS Fox & Roach
(610) 324-4297
3 in this area
16 Total Sales
-
David Joslin
Buyer's Agent in 2015
David Joslin
Century 21 Advantage Gold - Newtown Square
(610) 517-8249
73 Total Sales
Map
Source: Bright MLS
MLS Number: PACT516006
APN: 43-10C-0045.0000
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