$400,000
SOLD NOV 26, 2014

518 E Spring Ave Unit 228 Ardmore, PA 19003

3 Beds
2.5 Baths
2,162 Sq Ft
8,900 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

24% Below List Price

203 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Penn Wynne Elementary School Rated A+
  • 2 Fireplaces
  • Living Room

About This Home

As of June 2020

BRAND NEW PRICE!!! 400K Tucked back under a canopy of trees, this expanded South Ardmore Park home is not like any other home in the neighborhood. Pull up in your private horseshoe turn-around driveway, and enter this rare gem. With two first floor additions, this home feel spacious. Your first floor laundry area makes doing the laundry a breeze, and enjoy the larger kitchen layout for those gourmet meals. The Arts and Crafts navy blue and cream hand painted mural in the dining room is stunning, with a period chandelier that compliments the revival theme. In the library (family Room), with half bathroom and fireplace, the striking stained glass window greets you and beckons you to this warm and relaxed room. On the second floor, enjoy your master en-suite with an oversized closet, and two large bedrooms (one with it's own study) and hall bath, equipped with a Jacuzzi. The back yard with deck is ready for summer BBQs and if you want to take a walk, you have a fabulous park just down the street. Waiting for your personal touches, come see the next love of your life. Bring your offers! Let's Talk.

Last Agent to Sell the Property

Alicia Jones

BHHS Fox & Roach-Haverford Listed on: 04/26/2014

BHHS Fox & Roach-Haverford

Co-Listed By

Samantha Figures

EveryHome Realtors License #RS284448

Last Buyer's Agent

Kevin Toll

KW Empower License #RS306972

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1950

Lot Details

  • 8,900 Sq Ft Lot
  • 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
  • 2 Fireplaces
  • Stone Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Shared Driveway

Schools

  • Penn Wynne Elementary School
  • Bala Cynwyd Middle School
  • Lower Merion High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number 40-00-55804-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,631

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: BRAND NEW PRICE!!! 400K Tucked back under a canopy of trees, this expanded South Ardmore Park home is not like any other home in the neighborhood. Pull up in your private horseshoe turn-around driveway, and enter this rare gem. With two first floor additions, this home feel spacious. Your first floor laundry area makes doing the laundry a breeze, and enjoy the larger kitchen layout for those gourmet meals. The Arts and Crafts navy blue and cream hand painted mural in the dining room is stunning, with a period chandelier that compliments the revival theme. In the library (family Room), with half bathroom and fireplace, the striking stained glass window greets you and beckons you to this warm and relaxed room. On the second floor, enjoy your master en-suite with an oversized closet, and two large bedrooms (one with it's own study) and hall bath, equipped with a Jacuzzi. The back yard with deck is ready for summer BBQs and if you want to take a walk, you have a fabulous park just down the street. Waiting for your personal touches, come see the next love of your life. Bring your offers! Let's Talk.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s)
  • Fireplace Features: Brick, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2162
  • Living Area Sq Ft: 2162
  • Net Sq Ft: 2162.00
  • Price Per Sq Ft: 185.01
  • Above Grade Finished Sq Ft: 2162
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Shared Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

  • School District: LOWER MERION
  • Elementary School: PENN WYNNE
  • Middle School: BALA CYNWYD
  • High School: LOWER MERION
  • School District Key: 300200396851
  • Elementary School: PENN WYNNE
  • High School: LOWER MERION
  • Middle Or Junior School: BALA CYNWYD

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.20
  • Lot Dimensions: 81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8900.00
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 734117
  • Tax Annual Amount: 6631.00
  • Assessor Parcel Number: 40-00-55804-001
  • Tax Lot: 228
  • Tax Year: 2014
  • Close Date: 11/26/2014

MLS Schools

  • School District Name: LOWER MERION

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
203
Current Estimated Value
$879,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,164
Avg. Annual Appreciation
7.14%
Original Mortgage
$510,400
Outstanding Balance
$457,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$421,563

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
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 Type Sale Price Title Company
Deed $625,000 None Available
Deed $400,000 None Available
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,600 Credit Line Revolving
Closed $47,500 New Conventional
Open $510,400 New Conventional
Previous Owner $377,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $380,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
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

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 $8,475 $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

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Map

Source: Bright MLS

MLS Number: 1002899158

Bright MLS

APN: 40-00-55804-001