505 Montgomery Ln Wayne, PA 19087
Saint Davids Neighborhood
6
Beds
5.5
Baths
6,166
Sq Ft
0.95
Acres
Highlights
- Spa
- Deck
- Victorian Architecture
- Radnor El School Rated A+
- Marble Flooring
- Attic
About This Home
As of July 2015MONTGOMERY LANE . . .RADNOR TOWNSHIP . . .LOCATION, LOCATION, LOCATION!!! "Lainshaw" is the completely renovated original home of Radnor's famed Montgomery family. While perfectly located on a very private and quiet cul-de-sac, the owners still enjoy the convenience of walking to the train, schools, dining and shopping. Lainshaw's architecturally significant interiors include high ceilings, large deep-silled windows, French doors, lovely working fireplaces as well as a modern floor plan, new baths and gourmet kitchen with ever-popular adjacent Family Room. The beautiful, professionally landscaped grounds feature a flat grassy back yard and well planned specimen plantings creating a private and tranquil setting for outdoor enjoyment and entertaining. All mechanicals are new. The selective appointments, luxurious finishes and high-end quality throughout this wonderful home cannot be replicated!
Last Buyer's Agent
Mike Holoka
Long & Foster Real Estate, Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,658
Year Built
- Built in 1879
Lot Details
- 0.95 Acre Lot
- Cul-De-Sac
- Level Lot
- Back, Front, and Side Yard
- Property is in good condition
Parking
- 2 Car Detached Garage
- 3 Open Parking Spaces
- Driveway
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Wood Siding
Interior Spaces
- 6,166 Sq Ft Home
- Property has 3 Levels
- Wet Bar
- Ceiling height of 9 feet or more
- Ceiling Fan
- Skylights
- Stone Fireplace
- Brick Fireplace
- Family Room
- Living Room
- Dining Room
- Home Security System
- Laundry on upper level
- Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Built-In Double Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Marble
- Tile or Brick
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-in Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Spa
- Deck
- Patio
- Exterior Lighting
- Porch
Schools
- Radnor Elementary And Middle School
- Radnor High School
Utilities
- Forced Air Heating and Cooling System
- Radiator
- Heating System Uses Gas
- Back Up Gas Heat Pump System
- Hot Water Heating System
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 082-000
- Assessor Parcel Number 36-02-01246-03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2015
Closed on
Jul 10, 2015
Sold by
Foster William K and Whitney Lisa C
Bought by
Hermans Katherine E and Hermans Paul B
Seller's Agent
Barbara Cranford
BHHS Fox & Roach-Haverford
Buyer's Agent
Mike Holoka
Long & Foster Real Estate, Inc.
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,240,000
Outstanding Balance
$983,886
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,365,612
Purchase Details
Closed on
Feb 21, 2014
Sold by
Whitney Lisa C
Bought by
Foster William K and Whitney Lisa C
Purchase Details
Closed on
Mar 15, 2004
Sold by
Foster William K and Whitney Lisa C
Bought by
Whitney Lisa C
Purchase Details
Closed on
May 26, 1997
Sold by
Frazier John E and Frazier Pamela T
Bought by
Foster William K and Whitney Lisa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,550,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $540,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,240,000 | New Conventional | |
| Previous Owner | $300,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2025 05/10/25 | For Sale | $2,850,000 | +83.9% | $439 / Sq Ft |
| 07/24/2015 07/24/15 | Sold | $1,550,000 | -8.6% | $251 / Sq Ft |
| 06/27/2015 06/27/15 | Pending | -- | -- | -- |
| 05/08/2015 05/08/15 | For Sale | $1,695,000 | -- | $275 / 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 | $17,505 | $865,790 | $283,460 | $582,330 |
| 2023 | $16,811 | $865,790 | $283,460 | $582,330 |
| 2022 | $16,628 | $865,790 | $283,460 | $582,330 |
| 2021 | $26,708 | $865,790 | $283,460 | $582,330 |
| 2020 | $18,408 | $529,150 | $145,630 | $383,520 |
| 2019 | $17,888 | $529,150 | $145,630 | $383,520 |
| 2018 | $17,537 | $529,150 | $0 | $0 |
| 2017 | $17,170 | $529,150 | $0 | $0 |
| 2016 | $2,904 | $529,150 | $0 | $0 |
| 2015 | $2,904 | $529,150 | $0 | $0 |
| 2014 | $2,904 | $529,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Fitzgerald
Seller's Agent in 2025
Sue Fitzgerald
Compass RE
(610) 209-9238
88 Total Sales
-
Barbara Cranford
Seller's Agent in 2015
Barbara Cranford
BHHS Fox & Roach
(610) 999-5095
25 Total Sales
-
Robin Pew
Seller Co-Listing Agent in 2015
Robin Pew
BHHS Fox & Roach
(610) 420-2900
21 Total Sales
-
M
Buyer's Agent in 2015
Mike Holoka
Long & Foster
Map
Source: Bright MLS
MLS Number: 1002596736
APN: 36-02-01246-03
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