NOT LISTED FOR SALE

525 N Swarthmore Ave Swarthmore, PA 19081

Estimated Value: $1,024,000 - $1,258,000

4 Beds
3.5 Baths
4,400 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $784,000 $178 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,880/month

6 Days on Market

Highlights

  • Second Kitchen
  • French Architecture
  • Wood Flooring
  • Swarthmore-Rutledge School Rated A
  • Cathedral Ceiling
  • No HOA

About This Home

As of August 2022

This wonderful house was custom built by the current owner specifically to take advantage of the fabulous location! The entire orientation of the home faces the large, deep property in the back. Do not let Swarthmore Avenue deter you from seeing this house - with newer windows, the thoughtful orientation, and excellent insulation, there is no noise to contend with. And, the location is super convenient to the elementary school, the town center, swim club, playing fields, Starbucks and other commercial outlets - the location is actually one of the current owner's favorite features! The inside of this home, because of its newer age, also offers wonderful attributes that can be hard to find in Swarthmore! There are 4+ Bedrooms, 3.5 Baths, and 4,400 SQ of living space. The Foyer has travertine tile with an inlaid design. To the right is a freshly painted spectacular Great Room with 13-ft. vaulted ceilings and a stunning blue-stone fireplace. This room was designed as a very practical combined Family Room/Dining Room. There are random-width Brazilian Cherry floors which run throughout most of the home. Adjacent to this room, is a wonderful open Kitchen/Family Room. The gourmet Kitchen is fully-loaded with a huge center island with granite countertops, stainless steel appliances including a double oven, built-in microwave, Viking gas cooktop, and Samsung refrigerator. Seventeen-foot ceilings give this space a dramatic feel, and there are lovely architectural details and a Juliet balcony that add extra charm. The Owner's Suite is also located on the main level, and has windows all along the back wall for a wonderful view of the backyard and peaceful setting. The en Suite Bath has a jetted tub, separate water closet, dual sinks and walk-in shower. And the walk-in closet/dressing room is huge! A Laundry Room, half-Bath and attached two-car garage complete the first floor. The open attractive wooden stair case leads to 3 generous Bedrooms, all with large closets, lovely hardwood floors and lots of windows. There is a full hall Bathroom with travertine tile throughout. There is also a spectacular walk-out finished basement which has become the heart of the home for the current owners! It boasts a Family Room with a home theater, another large room that can act as an exercise room/office/craft room, and there is a wonderful kitchenette, with granite countertops, dishwasher, cooktop and built-in microwave. This makes entertaining super easy! French doors lead to the fabulous large backyard which is great for entertaining all ages! This "newer" home has so many amenities which are incredibly hard to come by and also has the added advantage of being close to the downtown, elementary school, Swarthmore College and more! More pictures coming soon!

Last Agent to Sell the Property

Heidi Foggo

Compass RE Listed on: 06/21/2022

Compass RE

Last Buyer's Agent

Kristin Bailey

KW Philly

KW Philly

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 85x199
  • Sloped Lot
  • Back and Front Yard
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • French Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,400 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Strath Haven High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 099-000
  • Assessor Parcel Number 43-00-01190-00

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: French
  • Ownership: Fee Simple
  • Inclusions: Refridgerator, Washer, And Dryer, Pot Holder & Playset As Is
  • New Construction: No
  • Story List: Lower 3, Main, Upper 1
  • Expected On Market: 2022-06-22
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: This wonderful house was custom built by the current owner specifically to take advantage of the fabulous location! The entire orientation of the home faces the large, deep property in the back. Do not let Swarthmore Avenue deter you from seeing this house - with newer windows, the thoughtful orientation, and excellent insulation, there is no noise to contend with. And, the location is super convenient to the elementary school, the town center, swim club, playing fields, Starbucks and other commercial outlets - the location is actually one of the current owner's favorite features! The inside of this home, because of its newer age, also offers wonderful attributes that can be hard to find in Swarthmore! There are 4+ Bedrooms, 3.5 Baths, and 4,400 SQ of living space. The Foyer has travertine tile with an inlaid design. To the right is a freshly painted spectacular Great Room with 13-ft. vaulted ceilings and a stunning blue-stone fireplace. This room was designed as a very practical combined Family Room/Dining Room. There are random-width Brazilian Cherry floors which run throughout most of the home. Adjacent to this room, is a wonderful open Kitchen/Family Room. The gourmet Kitchen is fully-loaded with a huge center island with granite countertops, stainless steel appliances including a double oven, built-in microwave, Viking gas cooktop, and Samsung refrigerator. Seventeen-foot ceilings give this space a dramatic feel, and there are lovely architectural details and a Juliet balcony that add extra charm. The Owner's Suite is also located on the main level, and has windows all along the back wall for a wonderful view of the backyard and peaceful setting. The en Suite Bath has a jetted tub, separate water closet, dual sinks and walk-in shower. And the walk-in closet/dressing room is huge! A Laundry Room, half-Bath and attached two-car garage complete the first floor. The open attractive wooden stair case leads to 3 generous Bedrooms, all with large closets, lovely hardwood floors and lots of windows. There is a full hall Bathroom with travertine tile throughout. There is also a spectacular walk-out finished basement which has become the heart of the home for the current owners! It boasts a Family Room with a home theater, another large room that can act as an exercise room/office/craft room, and there is a wonderful kitchenette, with granite countertops, dishwasher, cooktop and built-in microwave. This makes entertaining super easy! French doors lead to the fabulous large backyard which is great for entertaining all ages! This "newer" home has so many amenities which are incredibly hard to come by and also has the added advantage of being close to the downtown, elementary school, Swarthmore College and more! More pictures coming soon!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), 2nd Kitchen, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Office
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4400
  • Living Area Sq Ft: 4400
  • Price Per Sq Ft: 174.77
  • Above Grade Finished Sq Ft: 4400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

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

Exterior Features

  • Other Structures: Above 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: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, 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: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WALLINGFORD-SWARTHMORE
  • High School: STRATH HAVEN
  • School District Key: 300200396626
  • School District Source: Listing Agent
  • High School: STRATH HAVEN

Lot Info

  • Land Use Code: R-10
  • Lot Features: Sloping, Front Yard, Rear Yard
  • Lot Size Acres: 0.39
  • Lot Dimensions: 85X199
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16915.00
  • Property Condition: Excellent
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 566086
  • School Tax: 16793.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 20726.00
  • Assessor Parcel Number: 43-00-01190-00
  • Tax Lot: 099-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/19/2022

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 3, 2022
Sold by
Derosa Kenneth R
Bought by
Scherm Benwise and Scherm Samantha
Seller's Agent
Heidi Foggo
Compass RE
Buyer's Agent
Kristin Bailey
KW Philly
List Price
$769,000
Sold Price
$784,000
Premium/Discount to List
$15,000
1.95%
Current Estimated Value
$1,115,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,950
Avg. Annual Appreciation
12.23%
Original Mortgage
$647,200
Outstanding Balance
$619,733
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$496,217

Purchase Details

Closed on
Jul 7, 1999
Sold by
Swarthmore College
Bought by
Derosa Kenneth R and Derosa Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Scherm Benwise $784,000 Great American Abstract
Derosa Kenneth R $85,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherm Benwise $647,200
Previous Owner Derosa Kenneth R $165,000
Previous Owner Derosa Kenneth R $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $784,000 +2.0% $178 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $769,000 -- $175 / 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 $22,148 $614,620 $156,300 $458,320
2024 $22,148 $614,620 $156,300 $458,320
2023 $21,290 $614,620 $156,300 $458,320
2022 $20,727 $614,620 $156,300 $458,320
2021 $33,759 $614,620 $156,300 $458,320
2020 $20,420 $350,000 $116,600 $233,400
2019 $19,905 $350,000 $116,600 $233,400
2018 $19,576 $350,000 $0 $0
2017 $19,137 $350,000 $0 $0
2016 $1,921 $350,000 $0 $0
2015 $1,960 $350,000 $0 $0
2014 $1,921 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2028472

Bright MLS

APN: 43-00-01190-00