NOT LISTED FOR SALE

509 Valley View Rd Merion Station, PA 19066

Estimated Value: $682,000 - $767,000

4 Beds
1.5 Baths
2,110 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $650,000 $308 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,783/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Merion Elementary School Rated A+
  • No HOA
  • Radiator

About This Home

As of October 2023

Classic single home on one the most desired blocks in Merion Station! Famous for its annual block party the Saturday after Labor Day and having over 250 trick or treaters, with a strong sense of community and neighborly spirit, you will never want to live anywhere else! Many homes on the block have not changed owners in over 40 years but have the next generations living in them, so don't miss this rare opportunity to live on Valley View Road! The current owners lived here for almost 50 years and cared for the home well during their stewardship.

The first floor has a great flow, with an open living and dining room, both off the large sun room, all with gleaming original oak hardwood floors with decorative walnut border. The sun room sits overlooking Valley View Road, raised above street level for privacy and great light throughout the day. The sleek European styled kitchen is off the dining room, looking through to the sun room. Behind the kitchen is a mud room leading to the rear garden--the mud room is a great place to easily add a first floor powder room! There is a large walk in closet on the stair landing to the 2nd floor, which could be an alternate location for a first floor powder room. The landing also connects with the back stair from the kitchen.

The second floor is where the three main bedrooms are located. All are nicely sized corner bedrooms with large closets. The large hall bath has a spacious linen closet, original soaking bathtub and a large window overlooking the rear garden. A stairway from the hall leads to the large finished attic, which makes a perfect teen or boomerang offspring retreat, guest room, or separated home office space. This is also a great expansion opportunity for a gracious primary suite without expanding the house's footprint. The dry basement has the laundry, good storage space and an updated 1/4 bath.

Be sure to walk the winding brick pathway to the private and charmingly landscaped rear garden. A second garden walkway leads from the mud room doorway to the driveway and detached garage. Aside from being located on an amazing block, you will have a short walk to the Narberth train station and a similarly short walk to Merion Elementary, especially along Rockland to the school's rear drop off and pick up. Located just three houses outside the Borough of Narberth, you get all the amenities of living near Narberth "downtown", while enjoying lower taxes in Lower Merion, and of course, the highly desired Lower Merion School District, in the coveted Merion Elementary catchment, and living in the high school "choice" zone.

Last Agent to Sell the Property

Matthew Aragona

Compass RE License #2293844 Listed on: 09/07/2023

Compass RE

Co-Listed By

David Feldman

Compass RE License #RS305028

Last Buyer's Agent

Lily Wu

Keller Williams Main Line License #RS314264

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,290

Year Built

  • Built in 1925

Lot Details

  • 4,505 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Property is zoned R-SINGLE FAMILY

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Stucco

Interior Spaces

  • 2,110 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Schools

  • Merion Elementary School
  • Bala Middle School

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Merion Station Subdivision

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 40-00-63540-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,290

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Stained glass panels in front of windows, window air conditioners
  • Inclusions: Refrigerator, clothes washer and dryer in "as is" condition at time of sale
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-07
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2110
  • Living Area Sq Ft: 2110
  • Price Per Sq Ft: 308.06
  • Above Grade Finished Sq Ft: 2110
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Elementary School: MERION
  • Middle School: BALA
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • Elementary School: MERION
  • Middle Or Junior School: BALA

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.10
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4505.00
  • Year Assessed: 2023
  • Zoning: R-SINGLE FAMILY

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 6544.00
  • Tax Annual Amount: 8290.00
  • Assessor Parcel Number: 40-00-63540-005
  • Tax Lot: 201
  • Tax Total Finished Sq Ft: 2110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/31/2023

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 12, 2023
Sold by
Robin Renate
Bought by
Liu Wei and Lamonica Janine
Seller's Agent
Matthew Aragona
Compass RE
Buyer's Agent
Lily Wu
Keller Williams Main Line
List Price
$650,000
Sold Price
$650,000
Total Days on Market
4
Views
51
Current Estimated Value
$723,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,738
Avg. Annual Appreciation
6.95%
Original Mortgage
$520,000
Outstanding Balance
$513,088
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$210,650

Purchase Details

Closed on
Feb 23, 2018
Sold by
Waechtler Curtis A and Truesdale Carolyn E
Bought by
Waechtler Curtis A and Truesdale Carolyn E

Purchase Details

Closed on
Aug 17, 1972
Bought by
Robin Peter G and Robin Renate
Source: Public Records

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Range of Values:

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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
Liu Wei $650,000 Trident Land Transfer
Waechtler Curtis A -- None Available
Robin Peter G $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Wei $520,000
Closed Liu Wei $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $650,000 0.0% $308 / Sq Ft
09/07/2023 09/07/23 For Sale $650,000 -- $308 / 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
2024 $8,652 $207,150 $88,230 $118,920
2023 $8,291 $207,150 $88,230 $118,920
2022 $8,137 $207,150 $88,230 $118,920
2021 $7,952 $207,150 $88,230 $118,920
2020 $7,757 $207,150 $88,230 $118,920
2019 $7,620 $207,150 $88,230 $118,920
2018 $7,621 $207,150 $88,230 $118,920
2017 $7,340 $207,150 $88,230 $118,920
2016 $7,260 $207,150 $88,230 $118,920
2015 $6,769 $207,150 $88,230 $118,920
2014 $6,769 $207,150 $88,230 $118,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2082532

Bright MLS

APN: 40-00-63540-005