NOT LISTED FOR SALE

514 E Lancaster Ave Unit V-4 Wynnewood, PA 19096

Estimated Value: $978,000 - $1,131,000

3 Beds
2.5 Baths
2,639 Sq Ft
$402/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $840,000 $318 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,601/month

96 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Tudor Architecture
  • Penn Wynne Elementary School Rated A+
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of February 2021

Have the best of both worlds where living is easy in this impressive turn-key luxury 3 bedroom 2.5 bath home in a park-like setting within the Lower Merion School District and just 15 minutes from downtown Philly. The bucolic 514 E. Lancaster offers all the space and privacy of a single-family home with the maintenance-free conveniences of an HOA! One of the newly constructed villas on the historic 6-acre estate of Red Leaf Manor this home seamlessly blends the old with the new - an open floor plan with a top of the line chef's kitchen including professional-grade appliances, handblown glass lighting, 10-inch wide plank oak flooring and every upgrade imaginable. On the first floor, the kitchen flows through to the great room offering indoor/outdoor living with sliding glass doors that open to a large private deck perfect for relaxing or entertaining. Next, a dual gas fireplace connects the great room to the dining room for those cozy nights spent indoors. The second floor presents 3 spacious bedrooms with 2 full baths and plenty of closet and storage space. The primary bedroom features a large custom walk-in closet, dressing area, additional gas fireplace, and a marble bath with a soaking tub. Other special features include a whole house chlorine filtration system with reverse osmosis and a water softener, a security system, plantation shutters, and a design with space allocated for a 3 stop elevator system. All exterior maintenance and abundant grounds are cared for by the HOA. Minutes from Whole Foods, Narberth Park, the Merion Golf Club, Wynnewood train station and everything wonderful in both the Mainline and Philadelphia areas, this is easy living at its finest.

Last Agent to Sell the Property

Nikki Steinig

Compass RE Listed on: 10/06/2020

Compass RE

Co-Listed By

Patrick Campbell

Compass RE License #RS286983

Last Buyer's Agent

Pamela Mawhinney Owsik

Duffy Real Estate-Narberth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,658

Year Built

  • Built in 2013

Lot Details

  • Property is in excellent condition
  • Property is zoned R3

HOA Fees

  • $704 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture
  • Frame Construction

Interior Spaces

  • 2,639 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 3 Fireplaces
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors

Schools

  • Lower Merion High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Treatment System
  • Natural Gas Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 40-00-30236-309

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, lawn care front, lawn care rear, lawn care side, management, lawn maintenance, snow removal, exterior building maintenance

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,658

Year Built

Built in 2013

Lot Details

0

HOA Fees

$704 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Have the best of both worlds where living is easy in this impressive turn-key luxury 3 bedroom 2.5 bath home in a park-like setting within the Lower Merion School District and just 15 minutes from downtown Philly. The bucolic 514 E. Lancaster offers all the space and privacy of a single-family home with the maintenance-free conveniences of an HOA! One of the newly constructed villas on the historic 6-acre estate of Red Leaf Manor this home seamlessly blends the old with the new - an open floor plan with a top of the line chef's kitchen including professional-grade appliances, handblown glass lighting, 10-inch wide plank oak flooring and every upgrade imaginable. On the first floor, the kitchen flows through to the great room offering indoor/outdoor living with sliding glass doors that open to a large private deck perfect for relaxing or entertaining. Next, a dual gas fireplace connects the great room to the dining room for those cozy nights spent indoors. The second floor presents 3 spacious bedrooms with 2 full baths and plenty of closet and storage space. The primary bedroom features a large custom walk-in closet, dressing area, additional gas fireplace, and a marble bath with a soaking tub. Other special features include a whole house chlorine filtration system with reverse osmosis and a water softener, a security system, plantation shutters, and a design with space allocated for a 3 stop elevator system. All exterior maintenance and abundant grounds are cared for by the HOA. Minutes from Whole Foods, Narberth Park, the Merion Golf Club, Wynnewood train station and everything wonderful in both the Mainline and Philadelphia areas, this is easy living at its finest.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater, Water Conditioner - Owned, Oven/Range - Gas
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Soaking Tub, Walk-In Closet(s), Upgraded Countertops, Wood Floors, Water Treat System, Kitchen - Eat-In
  • Fireplace Features: Double Sided, Gas/Propane, Marble, Mantel(s), Fireplace - Glass Doors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2639
  • Living Area Sq Ft: 2639
  • Price Per Sq Ft: 341.00
  • Above Grade Finished Sq Ft: 2639
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 3
  • 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: Frame
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Motion Detectors, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 704.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Lawn Maintenance, Snow Removal, Ext Bldg Maint
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: LOWER MERION
  • High School: LOWER MERION
  • High School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • High School: LOWER MERION

Lot Info

  • Lot Dimensions: x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7334083
  • School Tax: 14060.00
  • Tax Annual Amount: 17658.00
  • Assessor Parcel Number: 40-00-30236-309
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Feb 14, 2021
Sold by
Krasno Faith
Bought by
Feenane Joseph E and Feenane Attarah B
Seller's Agent
Nikki Steinig
Compass RE
Buyer's Agent
Pamela Mawhinney Owsik
Duffy Real Estate-Narberth
List Price
$925,000
Sold Price
$840,000
Premium/Discount to List
-$85,000
-9.19%
Current Estimated Value
$1,018,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,309
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jul 5, 2013
Sold by
Red Leaf Villas Llc
Bought by
Krasno Faith
Source: Public Records

Range of Values:

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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
Feenane Joseph E $840,000 None Available
Krasno Faith $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feenane Joseph E $455,600
Previous Owner Krasno Faith $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $840,000 -6.7% $318 / Sq Ft
10/23/2020 10/23/20 Price Changed $899,900 -2.7% $341 / Sq Ft
10/06/2020 10/06/20 For Sale $925,000 -- $351 / 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 $15,867 $379,950 -- --
2023 $15,206 $379,950 $0 $0
2022 $14,924 $379,950 $0 $0
2021 $17,658 $460,020 $0 $0
2020 $17,227 $460,020 $0 $0
2019 $16,923 $460,020 $0 $0
2018 $16,922 $460,020 $0 $0
2017 $16,301 $460,020 $0 $0
2016 $16,121 $460,020 $0 $0
2015 $15,031 $460,020 $0 $0
2014 $15,031 $460,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nikki Steinig

    Seller's Agent in 2021

    Nikki Steinig

    Compass RE

    (215) 287-7723

    1 in this area

    41 Total Sales

    Section Image
  • Patrick Campbell

    Seller Co-Listing Agent in 2021

    Patrick Campbell

    Compass RE

    (215) 828-6558

    2 in this area

    319 Total Sales

    Section Image
  • Pamela Mawhinney Owsik

    Buyer's Agent in 2021

    Pamela Mawhinney Owsik

    Duffy Real Estate-Narberth

    (610) 659-7021

    3 in this area

    58 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC666514

Bright MLS

APN: 40-00-30236-309

Pennsylvania Montgomery County Wynnewood 19096

514 E Lancaster Ave Unit V-4, Wynnewood, PA

This home is located at 514 E Lancaster Ave Unit V-4, Wynnewood, PA 19096 since 06 October 2020 and is currently estimated at $1,062,025, approximately $402 per square foot. This property was built in 2013. 514 E Lancaster Ave Unit V-4 is a home located in Montgomery County with nearby schools including Penn Wynne Elementary School, Bala-Cynwyd Middle School, and Lower Merion High School.

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