Seller's Agent in 2024
Vince May
BHHS Fox & Roach
(610) 656-6049
34 in this area
319 Total Sales
508 Smithbridge Rd Glen Mills, PA 19342
Garnet Valley NeighborhoodEstimated Value: $1,258,967
1
Bed
3.5
Baths
4,504
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- Pond
- Partially Wooded Lot
- 1 Fireplace
- Garnet Valley High School Rated A
- Attic
- Bonus Room
About This Home
As of May 2024Welcome to 508 Smithbridge Rd, a 9 acre parcel (508 Smithbridge is roughly 7 acres and the sale includes adjacent 1.88 acres parcel # 13-00-00761-01 with total taxes of $3,692) in the heart of Garnet Valley! This large/level parcel is currently being utilized as Smithbridge Gardens Nursery and can continue to be run as a nursery or other agricultural business use. The home situated in the R-2 Residential District of Concord Township. The existing property was originally a barn and is registered as a Historic Resource of Concord Township dating back to 1790, but has had many updates in the 200+ years it's been standing. The building is currently being used as offices on the first floor, while the 2nd floor consists of a recently renovated oversized 1 bedroom apartment. There are several large storage areas throughout the building. There is a rear patio with pergola that has a convenient finished space a few steps away featuring a kitchenette, full bath and large open area. The grounds also offer a 2 car detached garage, a large workshop/storage area, ponds and more… Build your dream home, subdivide and build several homes or operate your own nursery. Only a stone's throw from major shopping districts, Garnet Valley Schools, Rachel Kohl Library and the kids dream playground. All showings are by appointment only. Please do not walk the property during business hours. Smithbridge Gardens, LLC is not being sold in conjunction with the sale of the property.
Last Agent to Sell the Property
BHHS Fox & Roach-Media License #AB066877 Listed on: 12/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,077
Year Built
- Built in 1790
Lot Details
- Level Lot
- Open Lot
- Partially Wooded Lot
- Additional Land
- Historic Home
- Property is in good condition
- Property is zoned R2
Parking
- 2 Car Detached Garage
- Front Facing Garage
- Gravel Driveway
- Unpaved Parking
- Parking Lot
Home Design
- Slab Foundation
- Pitched Roof
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 4,504 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Living Room
- Dining Room
- Den
- Bonus Room
- Game Room
- Storage Room
- Attic
Bedrooms and Bathrooms
- 1 Bedroom
Outdoor Features
- Pond
- Patio
- Storage Shed
Schools
- Concord Elementary School
- Garnet Valley Middle School
- Garnet Valley High School
Utilities
- Ductless Heating Or Cooling System
- Radiant Heating System
- Well
- Natural Gas Water Heater
- Gravity Septic Field
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 092-000
- Assessor Parcel Number 13-00-00761-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 22, 2023
Closed on
Apr 29, 2024
Sold by
Biggs Holding Company Llc
Bought by
508 Smithbridge Llc
Seller's Agent
Vince May
BHHS Fox & Roach-Media
Buyer's Agent
Nick DeLuca
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%
Views
101
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
$33,967
Avg. Annual Appreciation
2.06%
Original Mortgage
$918,750
Outstanding Balance
$906,499
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$352,468
Purchase Details
Closed on
Dec 16, 2020
Sold by
Biggs Holding Company Llc
Bought by
Biggs Holding Company Llc
Purchase Details
Closed on
Nov 6, 2019
Sold by
Smith Florence V and Revocable Tr Agmt Of Ronald V
Bought by
Biggs Holding Company Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 7, 2014
Sold by
Smith Ronald W and Revocable Trust Agreement Of R
Bought by
Revocable Trust Agreement Of Ronald W &
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 |
|---|---|---|---|
| 508 Smithbridge Llc | $1,225,000 | Title Services | |
| Biggs Holding Company Llc | -- | Heritage Land Transfer Co In | |
| Biggs Holding Company Llc | $500,000 | None Available | |
| Revocable Trust Agreement Of Ronald W & | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 508 Smithbridge Llc | $918,750 | |
| Previous Owner | Biggs Holding Company Llc | $100,000 | |
| Previous Owner | Biggs Holding Company Llc | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $1,225,000 | -5.4% | $272 / Sq Ft |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 12/22/2023 12/22/23 | For Sale | $1,295,000 | -- | $288 / 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 |
|---|---|---|---|---|
| 2025 | $8,140 | $357,530 | $238,890 | $118,640 |
| 2024 | $8,140 | $357,530 | $238,890 | $118,640 |
| 2023 | $7,937 | $357,530 | $238,890 | $118,640 |
| 2022 | $7,849 | $357,530 | $238,890 | $118,640 |
| 2021 | $13,199 | $357,530 | $238,890 | $118,640 |
| 2020 | $8,446 | $213,750 | $213,750 | $0 |
| 2019 | $8,321 | $213,750 | $213,750 | $0 |
| 2018 | $8,193 | $213,750 | $0 | $0 |
| 2017 | $8,026 | $213,750 | $0 | $0 |
| 2016 | $1,197 | $213,750 | $0 | $0 |
| 2015 | $1,197 | $213,750 | $0 | $0 |
| 2014 | $1,197 | $213,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vince May
-
Nick DeLuca
Buyer's Agent in 2024
Nick DeLuca
Coldwell Banker Realty
(610) 316-6751
3 in this area
197 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2058950
APN: 13-00-00761-00
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