NOT LISTED FOR SALE

514 Mercer Rd Merion Station, PA 19066

Estimated Value: $1,027,000 - $1,125,000

3 Beds
4 Baths
3,150 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $808,000 $257 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,663/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Cynwyd School Rated A+
  • No HOA
  • 3-minute walk to General Wayne Park

About This Home

As of November 2021

Fabulous 3 bedroom, 2 full and 2 half bath stone colonial home in the highly desirable Merion Park neighborhood and Lower Merion School District, zoned to Cynwyd Elementary, Bala Cynwyd Middle School and Choice of either Lower Merion or Harriton High School! You can't beat this location as this home is situated one block from one of the best Parks/Playgrounds around, the General Wayne Playground! Send the kids out to play and they are sure to find an old friend or maybe meet a new one. This home is also walkable to both Cynwyd Elementary and Bala Cynwyd Middle School, downtown Narberth plus a quick bike ride to the Cynwyd Heritage Trail entrance that is a little over a mile away. Follow the walkway to the delightful covered front porch with room for plenty of family or friends. Once inside you will find this home is completely updated with 3 nicely renovated bathrooms, a cozy den/family room/play area, a remodeled kitchen with island seating, and a fabulously finished basement! On the first floor be sure to take note of the wonderful living space and highly coveted circular flow, unusual for the homes in this neighborhood! Start with a spacious Living Room with wood-burning fireplace and plenty of room to entertain or enjoy time with loved ones. On the other side of the center hall find a nicely sized dining room with large bay window and chair molding. Accessible from either the dining room or the living room you will find a gorgeous kitchen with all of the modern updates, an abundant amount of cream colored cabinets, black granite tops, ceramic apron sink, large island (no cook top here!) with seating for at least 4, a built in microwave and built-in china cabinet. Open to the kitchen is a nicely sized family room or play area. In addition, there are plenty of built-in cubbies and shelving to store toys, games, coats etc. Note, there is also a formal coat closet in the foyer as well. Top all of this off with a half bath and 2 large windows overlooking the spectacular, FLAT and fully fenced in yard! Step outside to find what is likely one of the largest yards for a 3 bedroom home in the neighborhood. This amazing yard offers two patio areas, room for a large play set and plenty more space for whatever you would like plus an attached storage room for bikes, tools etc. Not to be missed is the true sense of privacy when you are out back as the trees and shrubbery are perfectly placed. Upstairs you will find the primary bedroom features 2 closets plus a full wall of beautiful built in cabinetry that offers an incredible amount of additional closet storage space. Completing this room is a nicely remodeled en suite bathroom featuring a stall shower with frameless glass door and floor to ceiling tile. Also on this floor is a linen closet, 2 very nicely sized bedrooms and an updated hall bath with one sink but plenty of precious counter space. Downstairs, the basement is finished (full French drain prior to doing so) with one large living area, great closets for storage (or a hide-away office) as well as a spacious laundry room with built in cabinets and an unfinished area for overflow storage. Lastly, enjoy a clean and bright half bath (the second for this home)! This is the one you have been waiting for; fabulous neighborhood with a strong sense of community, great park location, walk to schools, 3 truly spacious bedrooms and 4 total and all updated baths plus mudroom, family room, finished basement and zoned to an award-winning school district.

Last Agent to Sell the Property

Lauren Leithead

Compass RE License #RS278978 Listed on: 10/25/2021

Compass RE

Last Buyer's Agent

Felicia Stern

Compass RE License #RS154956

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,555

Year Built

  • Built in 1939

Lot Details

  • 7,908 Sq Ft Lot
  • Lot Dimensions are 55.00 x 0.00
  • Property is zoned LDR4

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cynwyd Elementary School
  • Lower Merion High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Merion Park Subdivision

Listing and Financial Details

  • Tax Lot 251
  • Assessor Parcel Number 40-00-36528-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,555

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1939
  • Automatically Close On Close Date: No
  • Remarks Public: Fabulous 3 bedroom, 2 full and 2 half bath stone colonial home in the highly desirable Merion Park neighborhood and Lower Merion School District, zoned to Cynwyd Elementary, Bala Cynwyd Middle School and Choice of either Lower Merion or Harriton High School! You can't beat this location as this home is situated one block from one of the best Parks/Playgrounds around, the General Wayne Playground! Send the kids out to play and they are sure to find an old friend or maybe meet a new one. This home is also walkable to both Cynwyd Elementary and Bala Cynwyd Middle School, downtown Narberth plus a quick bike ride to the Cynwyd Heritage Trail entrance that is a little over a mile away. Follow the walkway to the delightful covered front porch with room for plenty of family or friends. Once inside you will find this home is completely updated with 3 nicely renovated bathrooms, a cozy den/family room/play area, a remodeled kitchen with island seating, and a fabulously finished basement! On the first floor be sure to take note of the wonderful living space and highly coveted circular flow, unusual for the homes in this neighborhood! Start with a spacious Living Room with wood-burning fireplace and plenty of room to entertain or enjoy time with loved ones. On the other side of the center hall find a nicely sized dining room with large bay window and chair molding. Accessible from either the dining room or the living room you will find a gorgeous kitchen with all of the modern updates, an abundant amount of cream colored cabinets, black granite tops, ceramic apron sink, large island (no cook top here!) with seating for at least 4, a built in microwave and built-in china cabinet. Open to the kitchen is a nicely sized family room or play area. In addition, there are plenty of built-in cubbies and shelving to store toys, games, coats etc. Note, there is also a formal coat closet in the foyer as well. Top all of this off with a half bath and 2 large windows overlooking the spectacular, FLAT and fully fenced in yard! Step outside to find what is likely one of the largest yards for a 3 bedroom home in the neighborhood. This amazing yard offers two patio areas, room for a large play set and plenty more space for whatever you would like plus an attached storage room for bikes, tools etc. Not to be missed is the true sense of privacy when you are out back as the trees and shrubbery are perfectly placed. Upstairs you will find the primary bedroom features 2 closets plus a full wall of beautiful built in cabinetry that offers an incredible amount of additional closet storage space. Completing this room is a nicely remodeled en suite bathroom featuring a stall shower with frameless glass door and floor to ceiling tile. Also on this floor is a linen closet, 2 very nicely sized bedrooms and an updated hall bath with one sink but plenty of precious counter space. Downstairs, the basement is finished (full French drain prior to doing so) with one large living area, great closets for storage (or a hide-away office) as well as a spacious laundry room with built in cabinets and an unfinished area for overflow storage. Lastly, enjoy a clean and bright half bath (the second for this home)! This is the one you have been waiting for; fabulous neighborhood with a strong sense of community, great park location, walk to schools, 3 truly spacious bedrooms and 4 total and all updated baths plus mudroom, family room, finished basement and zoned to an award-winning school district.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Stone
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 301.51
  • Above Grade Finished Sq Ft: 2650
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • 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

Schools

  • School District: LOWER MERION
  • Elementary School: CYNWYD
  • High School: LOWER MERION
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396851
  • School District Source: 3rd Party
  • Elementary School: CYNWYD
  • High School: LOWER MERION

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.18
  • Lot Dimensions: 55.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7908.00
  • Year Assessed: 2021
  • Zoning: LDR4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 727478
  • School Tax: 7608.00
  • Tax Annual Amount: 9555.00
  • Assessor Parcel Number: 40-00-36528-008
  • Tax Lot: 251
  • Tax Total Finished Sq Ft: 3150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/01/2021

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Oct 27, 2021
Sold by
Lester Benjamin Russell and Lester Amy Roslow
Bought by
Barzilay Ran and Barzilay Sigal B
Seller's Agent
Lauren Leithead
Compass RE
Buyer's Agent
Felicia Stern
Compass RE
List Price
$799,000
Sold Price
$808,000
Premium/Discount to List
$9,000
1.13%
Current Estimated Value
$1,072,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,217
Avg. Annual Appreciation
7.63%
Original Mortgage
$646,400
Outstanding Balance
$594,757
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$477,460

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 21, 2013
Sold by
Kavitsky Charles
Bought by
Lester Benjamin Russell and Lester Amy Roslow
Seller's Agent
Michael Becker
KW Empower
Buyer's Agent
Linda Glass
Compass RE
List Price
$679,000
Sold Price
$645,000
Premium/Discount to List
-$34,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$99,000
Interest Rate
4.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 14, 2012
Sold by
Kavitsky Charles and Pines Jodi Gail
Bought by
Kavitsky Charles

Purchase Details

Closed on
Jul 2, 2007
Sold by
Lyver Geraldine W
Bought by
Kavitsky Charles and Pines Jodi Gail

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
6.54%
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
Barzilay Ran $808,000 None Available
Lester Benjamin Russell $645,000 None Available
Kavitsky Charles -- None Available
Kavitsky Charles $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barzilay Ran $646,400
Previous Owner Lester Benjamin Russell $200,000
Previous Owner Lester Benjamin Russell $110,000
Previous Owner Lester Benjamin Russell $110,000
Previous Owner Lester Benjamin Russell $99,000
Previous Owner Lester Benjamin Russell $417,000
Previous Owner Kavitsky Charles $305,000
Previous Owner Kavitsky Charles $300,000
Previous Owner Lyver Geraldine W $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $808,000 +1.1% $257 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $799,000 +23.9% $254 / Sq Ft
08/30/2013 08/30/13 Sold $645,000 -5.0% $300 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $679,000 -- $316 / 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 $10,395 $253,910 -- --
2024 $10,395 $248,910 -- --
2023 $9,962 $248,910 $0 $0
2022 $9,777 $248,910 $0 $0
2021 $9,555 $248,910 $0 $0
2020 $9,321 $248,910 $0 $0
2019 $9,157 $248,910 $0 $0
2018 $9,157 $248,910 $0 $0
2017 $8,820 $248,910 $0 $0
2016 $8,723 $248,910 $0 $0
2015 $8,134 $248,910 $0 $0
2014 $8,134 $248,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2002402

Bright MLS

APN: 40-00-36528-008