NOT LISTED FOR SALE

Estimated Value: $698,000 - $789,000

4 Beds
2.5 Baths
2,724 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $675,000 $248 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,223/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 2 Car Direct Access Garage
  • Nether Providence El School Rated A
  • No HOA
  • Central Air

About This Home

As of June 2024

Welcome to 502 Scott Lane in the sought-after Scots Glen neighborhood of Wallingford-Swarthmore School District. This charming split-level home has been lovingly updated and thoughtfully designed to accommodate everyone in the family!
On the main floor, you'll find a welcoming formal living room featuring hardwood floors, a cozy fireplace with built-ins, and a large picture window that floods the space with natural light. Adjacent is the formal dining room with hardwood floors, sliders leading to the sun porch, and views of the fenced-in yard. The updated kitchen and breakfast room boast stainless steel appliances, granite countertops, ample cabinet space and built-in seating in the breakfast nook.
Moving upstairs you will discover the large primary suite with an en-suite bath and dual closets, along with two additional generously sized bedrooms and an updated hall bath with linen closet. A short flight up leads to a spacious fourth bedroom, offering flexibility and privacy.
The lower level features a large family room with another fireplace, built-ins, and a picture window overlooking the rear patio, along with a convenient two-car garage, powder room, laundry room, and access to an additional finished lower level. Descend a short flight of stairs to find a versatile space perfect for a home theater, office, playroom, or gym.
Outside, the property boasts a fantastic level yard with beautiful trees, foundation plantings, and a rear patio, perfect for outdoor gatherings and relaxation.
Conveniently situated near major transportation routes, Philadelphia International Airport, restaurants, and more, this home offers the ideal balance of suburban tranquility and urban accessibility.

Last Agent to Sell the Property

Jessica Mudrick

Coldwell Banker Realty License #AB068754 Listed on: 05/16/2024

Coldwell Banker Realty

Co-Listed By

Victoria Sheridan

Coldwell Banker Realty License #RS319664

Last Buyer's Agent

Meg Reiss

Keller Williams Main Line

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,994

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 112.00 x 125.00

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asbestos

Interior Spaces

  • 2,724 Sq Ft Home
  • Property has 2.5 Levels
  • 2 Fireplaces
  • Improved Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Scots Glen Subdivision

Listing and Financial Details

  • Tax Lot 153-000
  • Assessor Parcel Number 34-00-02470-06

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,994

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 502 Scott Lane in the sought-after Scots Glen neighborhood of Wallingford-Swarthmore School District. This charming split-level home has been lovingly updated and thoughtfully designed to accommodate everyone in the family! On the main floor, you'll find a welcoming formal living room featuring hardwood floors, a cozy fireplace with built-ins, and a large picture window that floods the space with natural light. Adjacent is the formal dining room with hardwood floors, sliders leading to the sun porch, and views of the fenced-in yard. The updated kitchen and breakfast room boast stainless steel appliances, granite countertops, ample cabinet space and built-in seating in the breakfast nook. Moving upstairs you will discover the large primary suite with an en-suite bath and dual closets, along with two additional generously sized bedrooms and an updated hall bath with linen closet. A short flight up leads to a spacious fourth bedroom, offering flexibility and privacy. The lower level features a large family room with another fireplace, built-ins, and a picture window overlooking the rear patio, along with a convenient two-car garage, powder room, laundry room, and access to an additional finished lower level. Descend a short flight of stairs to find a versatile space perfect for a home theater, office, playroom, or gym. Outside, the property boasts a fantastic level yard with beautiful trees, foundation plantings, and a rear patio, perfect for outdoor gatherings and relaxation. Conveniently situated near major transportation routes, Philadelphia International Airport, restaurants, and more, this home offers the ideal balance of suburban tranquility and urban accessibility.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 2724
  • Living Area Sq Ft: 2724
  • Price Per Sq Ft: 244.09
  • Above Grade Finished Sq Ft: 2724
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Spa: No
  • 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, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WALLINGFORD-SWARTHMORE
  • School District Key: 300200396626
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 0.31
  • Lot Dimensions: 112.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 12302.00
  • Tax Annual Amount: 14994.00
  • Assessor Parcel Number: 34-00-02470-06
  • Tax Lot: 153-000
  • Tax Total Finished Sq Ft: 2724
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/14/2024

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 10, 2024
Sold by
Smith 2020 Turst and Smith Matthew T
Bought by
Powell Kristen and Martin Stephen
Seller's Agent
Jessica Mudrick
Coldwell Banker Realty
Buyer's Agent
Meg Reiss
Keller Williams Main Line
List Price
$664,900
Sold Price
$675,000
Premium/Discount to List
$10,100
1.52%
Views
16
Current Estimated Value
$727,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,452
Avg. Annual Appreciation
6.43%
Original Mortgage
$540,000
Outstanding Balance
$533,830
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$193,622

Purchase Details

Closed on
Aug 24, 2020
Sold by
Smith Judith W
Bought by
Smith Matthew T and Smith Valerie E

Purchase Details

Listed on
Jan 19, 2017
Closed on
Apr 10, 2017
Sold by
Webb Robert S and Webb Eileen M
Bought by
Smith Judith W
Seller's Agent
Brooke Penders
Coldwell Banker Realty
Buyer's Agent
David Smith
Coldwell Banker Realty
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$352,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1999
Sold by
Annus Martin and Annus Ingrid
Bought by
Webb Robert S and Webb Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.75%
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
Powell Kristen $675,000 None Listed On Document
Smith Matthew T -- None Available
Smith 2020 Trust $11,625 None Listed On Document
Smith Judith W $440,000 Title Services
Webb Robert S $199,900 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Kristen $540,000
Previous Owner Smith Judith W $352,000
Previous Owner Webb Robert S $15,150
Previous Owner Webb Robert S $181,000
Previous Owner Webb Robert S $160,000
Previous Owner Webb Robert S $50,095
Previous Owner Webb Robert S $15,095
Previous Owner Webb Robert S $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $675,000 +1.5% $248 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $664,900 +51.1% $244 / Sq Ft
04/10/2017 04/10/17 Sold $440,000 -2.2% $139 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
02/04/2017 02/04/17 Price Changed $450,000 -2.2% $142 / Sq Ft
01/19/2017 01/19/17 For Sale $460,000 -- $145 / 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 $15,102 $423,580 $110,990 $312,590
2024 $15,102 $423,580 $110,990 $312,590
2023 $14,510 $423,580 $110,990 $312,590
2022 $14,202 $423,580 $110,990 $312,590
2021 $23,073 $423,580 $110,990 $312,590
2020 $10,946 $188,880 $60,410 $128,470
2019 $10,644 $188,880 $60,410 $128,470
2018 $10,437 $188,880 $0 $0
2017 $10,150 $188,880 $0 $0
2016 $1,037 $188,880 $0 $0
2015 $1,037 $188,880 $0 $0
2014 $1,037 $188,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2066666

Bright MLS

APN: 34-00-02470-06