Seller's Agent in 2020
Kevin Toll
KW Empower
(610) 609-1096
1 in this area
388 Total Sales
518 E Spring Ave Unit 228 Ardmore, PA 19003
Wynnewood NeighborhoodEstimated Value: $801,208 - $925,000
3
Beds
3.5
Baths
2,162
Sq Ft
$401/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Colonial Architecture
- Traditional Floor Plan
- Penn Wynne Elementary School Rated A+
- Deck
- Wood Flooring
About This Home
As of June 2020Welcome to 518 E Spring Ave in highly sought after South Ardmore Park and Penn Wynne Elementary School of Lower Merion School District. The love and thoughtful upgrades are noticed in every room and provide functional living on three floors in this beautiful brick home. Upon entering 518 E Spring Ave notice the beautifully refinished hardwood floors and new hardwood flooring throughout your home. When you cross the threshold you are greeted with a living room to your right that is bright and airy. To your left is your large dining room with updated lighting fixtures, wood burning fireplace with new glass doors and extended granite hearth. Off of the dining room, to your left, you have a large family room with an additional fireplace, also with new glass doors and extended granite hearth. Passing through your dining room you have a updated private hall powder room -- the large wardrobe functions as a guest closet for additional storage with a modern twist! The 2019 remodeled KITCHEN features new cabinets, quartz countertops, hardwood flooring, stainless steel appliances and new windows! The kitchen has an abundance of natural light, including a skylight. The kitchen overlooks your fenced in rear yard with large private deck! Let's step outside and enjoy the private yard--- The fence was replaced in 2019, the deck refinished in 2015 and restained in 2020, with a privacy wood wall added in 2017! The rear yard was also leveled off, hardscaping added and trees removed. It is a large, safe oasis for all activities, four legged friends and private gatherings. Back inside - rounding off the first floor is an updated laundry room in 2019 with new washer/dryer from 2016. Head downstairs to your finished basement, where you will find a private retreat awaiting. The basement was updated in 2018 and has endless possibilities including a playroom, entertainment space, guest quarters, and so on--- included in the basement is a private full bathroom updated in 2018, and new hardwood floors that were installed in 2018, as well as new window. The electrical panel was upgraded in 2020 and is 200 amps. Ascend back upstairs to your 2nd floor where you have two full bathrooms, three bedrooms and a study. The master bedroom features hardwood flooring, upgraded master closet and a large wardrobe closet. The master bath was remodeled in 2016! The 2nd bedroom has beautiful hardwood flooring. In the third bedroom, pass through the large bonsu space - which could be used as a nursery, study or home office -- features new hardwood flooring, and a private large sleeping area with a new wardrobe closet have been added in 2017. Other highlights not to be overlooked include BRAND NEW AC unit and updated duct/return system in the bedrooms for better efficiency (2017). Roof was replaced in 2009; replacement windows throughout -- vinyl double hung. Move right in and enjoy all the upgrades and remodeling that allows for easy living and enjoyment of your entire home and lifestyle! Check out the 3D virtual tour--> https://bit.ly/518ESpring3DTour and video walkthroughs --> https://bit.ly/518ESpringVideoWalkThru of this beautiful Lower Merion Township home! Easy access to public transportation, major highways (76, 476 and turnpike), easy access to Center City Philadelphia, Fairmount Park and 90 minutes to the Jersey Shore. Do not miss out! This home will not last!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,599
Year Built
- Built in 1950
Lot Details
- 8,900 Sq Ft Lot
- Lot Dimensions are 81.00 x 0.00
- Wood Fence
- Level Lot
- Back Yard Fenced
- Property is in good condition
- Property is zoned R4
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,162 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Built-In Features
- Skylights
- Recessed Lighting
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Front Loading Dryer
- Front Loading Washer
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- Circular Driveway
- Shared Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Shed
Schools
- Penn Wynne Elementary School
- Bala Cynwyd Middle School
- Lower Merion High School
Utilities
- Central Air
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 228
- Assessor Parcel Number 40-00-55804-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2020
Closed on
Jun 18, 2020
Sold by
Ibrahim Adam and Safadi Lydia
Bought by
Bhagat Paras and Panwar Vinnu
Seller's Agent
Kevin Toll
KW Empower
Buyer's Agent
David Cohen
Compass RE
List Price
$625,000
Sold Price
$625,000
Total Days on Market
9
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
$242,052
Avg. Annual Appreciation
7.00%
Original Mortgage
$510,400
Outstanding Balance
$457,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$409,451
Purchase Details
Listed on
Apr 26, 2014
Closed on
Nov 19, 2014
Sold by
Glaskin Carol L
Bought by
Ibrahim Adam and Safadi Lydia
Seller's Agent
Alicia Jones
BHHS Fox & Roach-Haverford
Buyer's Agent
Kevin Toll
KW Empower
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$380,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 1997
Sold by
Singer Lois
Bought by
Glaskin Carol L
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 |
|---|---|---|---|
| Bhagat Paras | $625,000 | None Available | |
| Ibrahim Adam | $400,000 | None Available | |
| Glaskin Carol L | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bhagat Paras | $172,600 | |
| Closed | Bhagat Paras | $47,500 | |
| Open | Bhagat Paras | $510,400 | |
| Previous Owner | Ibrahim Adam | $377,000 | |
| Previous Owner | Ibrahim Adam | $380,000 | |
| Previous Owner | Glaskin Carol L | $380,000 | |
| Previous Owner | Glaskin Carol L | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $625,000 | 0.0% | $289 / Sq Ft |
| 05/06/2020 05/06/20 | For Sale | $625,000 | +56.3% | $289 / Sq Ft |
| 11/26/2014 11/26/14 | Sold | $400,000 | 0.0% | $185 / Sq Ft |
| 11/15/2014 11/15/14 | Pending | -- | -- | -- |
| 10/06/2014 10/06/14 | Price Changed | $400,000 | -8.0% | $185 / Sq Ft |
| 06/30/2014 06/30/14 | Price Changed | $435,000 | -6.5% | $201 / Sq Ft |
| 05/30/2014 05/30/14 | Price Changed | $465,000 | -5.3% | $215 / Sq Ft |
| 05/09/2014 05/09/14 | Price Changed | $491,000 | -6.5% | $227 / Sq Ft |
| 04/26/2014 04/26/14 | For Sale | $525,000 | -- | $243 / 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 | $8,475 | $202,920 | $59,180 | $143,740 |
| 2023 | $8,121 | $202,920 | $59,180 | $143,740 |
| 2022 | $7,971 | $202,920 | $59,180 | $143,740 |
| 2021 | $7,789 | $202,920 | $59,180 | $143,740 |
| 2020 | $7,599 | $202,920 | $59,180 | $143,740 |
| 2019 | $7,465 | $202,920 | $59,180 | $143,740 |
| 2018 | $7,464 | $202,920 | $59,180 | $143,740 |
| 2017 | $7,191 | $202,920 | $59,180 | $143,740 |
| 2016 | $7,111 | $202,920 | $59,180 | $143,740 |
| 2015 | $6,631 | $202,920 | $59,180 | $143,740 |
| 2014 | $6,631 | $202,920 | $59,180 | $143,740 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Toll
-
Megan Toll
M
Seller Co-Listing Agent in 2020
Megan Toll
KW Empower
(484) 467-1446
1 in this area
293 Total Sales
-
David Cohen
Buyer's Agent in 2020
David Cohen
Compass RE
(215) 260-5860
2 in this area
54 Total Sales
-
Alicia Jones
A
Seller's Agent in 2014
Alicia Jones
BHHS Fox & Roach
(267) 496-3839
9 Total Sales
-
Samantha Figures
Seller Co-Listing Agent in 2014
Samantha Figures
EveryHome Realtors
(610) 716-7454
2 in this area
25 Total Sales
Map
Similar Homes in the area
Source: Bright MLS
MLS Number: PAMC647684
APN: 40-00-55804-001
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