NOT LISTED FOR SALE

541 Lafayette Rd Merion Station, PA 19066

Estimated Value: $978,000 - $1,055,022

4 Beds
2.5 Baths
2,238 Sq Ft
$458/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $710,000 $317 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,331/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Mud Room
  • Cynwyd School Rated A+
  • Corner Lot
  • 5-minute walk to General Wayne Park

About This Home

As of July 2020

Welcome home. This fabulous home in Merion Park is ready for you to move in and unpack your bags. Situated on a corner lot, this stunning colonial has excellent curb appeal. The first floor features top nail hardwood floors throughout the living room and dining room, wainscoting and custom plantation shutters. The kitchen has granite countertops, stainless steel appliances and a Schott Ceran induction cooktop stove. The second floor has 4 spacious bedrooms and two full bathrooms. Each bedroom has ceiling fans and custom wooden blinds. The master bath has dual vanity and a walk-in rainfall shower. The backyard has tons of space and includes a spacious patio and is perfect for entertaining.

Last Agent to Sell the Property

Jody Kotler

(610) 937-1111 jodykotler@comcast.net Keller Williams Main Line Listed on: 06/12/2020

Keller Williams Main Line

Last Buyer's Agent

sara Olender Friel

(215) 806-6145 sara@saraolender.com Keller Williams Main Line

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,696

Year Built

  • Built in 1954

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 73.00 x 0.00
  • Corner Lot
  • Property is zoned R4

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,238 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Community Details

  • No Home Owners Association
  • Merion Park Subdivision

Listing and Financial Details

  • Tax Lot 322
  • Assessor Parcel Number 40-00-29132-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,696

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: washer, dryer, TVs, items in back room first floor, fire place tools/cover
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Basement, Study, Mud Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 2238
  • Living Area Sq Ft: 2238
  • Price Per Sq Ft: 312.33
  • Above Grade Finished Sq Ft: 2238
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 541

Beds/Baths

  • Bedrooms: 4
  • 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: 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: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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
  • School District Key: 300200396851
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.23
  • Lot Dimensions: 73.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Year Assessed: 2020
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 7716.00
  • Tax Annual Amount: 9696.00
  • Assessor Parcel Number: 40-00-29132-006
  • Tax Lot: 322
  • Tax Total Finished Sq Ft: 2238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/29/2020

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 24, 2020
Sold by
Peterson Nancy R
Bought by
Corrado Christopher and Corrado Maggie
Seller's Agent
Jody Kotler
Keller Williams Main Line
Buyer's Agent
sara Olender Friel
Keller Williams Main Line
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Current Estimated Value
$1,024,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,256
Avg. Annual Appreciation
7.07%
Original Mortgage
$568,000
Outstanding Balance
$504,988
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$506,562

Purchase Details

Closed on
Aug 1, 2017
Sold by
Gross Michael C and Peterson Nancy R
Bought by
Peterson Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
3.89%

Purchase Details

Closed on
Sep 23, 2003
Sold by
Raskin Richard K
Bought by
Gross Michael C and Peterson Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,600
Interest Rate
6.35%
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
Corrado Christopher $710,000 None Available
Peterson Nancy R -- None Available
Gross Michael C $441,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrado Christopher $568,000
Previous Owner Gross Michael C $74,600
Previous Owner Gross Michael C $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $710,000 +1.6% $317 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $699,000 -- $312 / 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 $10,814 $258,930 $121,240 $137,690
2024 $10,814 $258,930 $121,240 $137,690
2023 $10,363 $258,930 $121,240 $137,690
2022 $10,171 $258,930 $121,240 $137,690
2021 $9,939 $258,930 $121,240 $137,690
2020 $9,696 $258,930 $121,240 $137,690
2019 $9,525 $258,930 $121,240 $137,690
2018 $9,526 $258,930 $121,240 $137,690
2017 $9,175 $258,930 $121,240 $137,690
2016 $9,075 $258,930 $121,240 $137,690
2015 $8,461 $258,930 $121,240 $137,690
2014 $8,461 $258,930 $121,240 $137,690
Source: Public Records

Agents Affiliated with this Home

  • Jody Kotler

    Seller's Agent in 2020

    Jody Kotler

    Keller Williams Main Line

    (610) 937-1111

    1 in this area

    62 Total Sales

    Jody Kotler
    Section Image
  • sara Olender Friel

    Buyer's Agent in 2020

    sara Olender Friel

    Keller Williams Main Line

    (215) 806-6145

    3 in this area

    51 Total Sales

    sara Olender Friel
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC652048

Bright MLS

APN: 40-00-29132-006

Pennsylvania Montgomery County Merion Station 19066

541 Lafayette Rd, Merion Station, PA

This home is located at 541 Lafayette Rd, Merion Station, PA 19066 since 12 June 2020 and is currently estimated at $1,024,256, approximately $457 per square foot. This property was built in 1954. 541 Lafayette Rd is a home located in Montgomery County with nearby schools including Cynwyd School, Bala-Cynwyd Middle School, and Lower Merion High School.

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