NOT LISTED FOR SALE

550 Walnut Ln Swarthmore, PA 19081

Estimated Value: $887,000 - $1,034,000

5 Beds
2.5 Baths
3,142 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $500,000 $159 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,808/month

64 Days on Market

Highlights

  • 0.4 Acre Lot
  • Colonial Architecture
  • No HOA
  • Swarthmore-Rutledge School Rated A
  • 2 Fireplaces
  • Eat-In Kitchen

About This Home

As of September 2018

Wonderful 1930's Center Hall Colonial has been beautifully renovated and restored throughout. Vintage charm abounds this five bedroom home complete with master suite including balcony deck, dressing room, gorgeous master bath and bonus room that could be used as a nursery, office or craft room. Eat in kitchen includes gas fireplace, leaded windows and slider overlooking backyard fountains and perennial gardens. Professionally landscaped fenced in private yard with patio make this home ideal for entertaining. All systems and roof have been updated in 2012. A short walk to Swarthmore College and downtown Swarthmore, easy access to I95, I476, Philadelphia International Airport, Regional Train line to Center City Philadelphia, Schools, Recreation, Pool and more. Don't miss this opportunity to own this very special home!

Last Agent to Sell the Property

Erica Kaufman

Compass RE Listed on: 05/14/2018

Compass RE

Last Buyer's Agent

Andy Black

Redfin Corporation

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930 | Remodeled in 2012

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 125x185
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,142 Sq Ft Home
  • Property has 2.5 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Swarthmore-Rutledge Elementary School
  • Strath Haven Middle School
  • Strath Haven High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Swarthmore Hills Subdivision

Listing and Financial Details

  • Tax Lot 006-000
  • Assessor Parcel Number 43-00-01303-00

Home Details

Home Type

Single Family

Year Built

Built in 1930 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Agent Remarks For All Exclusions
  • Inclusions: Refrigerator Negotiable
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1930
  • Year Renovated: 2012
  • Remarks Public: Wonderful 1930's Center Hall Colonial has been beautifully renovated and restored throughout. Vintage charm abounds this five bedroom home complete with master suite including balcony deck, dressing room, gorgeous master bath and bonus room that could be used as a nursery, office or craft room. Eat in kitchen includes gas fireplace, leaded windows and slider overlooking backyard fountains and perennial gardens. Professionally landscaped fenced in private yard with patio make this home ideal for entertaining. All systems and roof have been updated in 2012. A short walk to Swarthmore College and downtown Swarthmore, easy access to I95, I476, Philadelphia International Airport, Regional Train line to Center City Philadelphia, Schools, Recreation, Pool and more. Don't miss this opportunity to own this very special home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3142
  • Living Area Sq Ft: 3142
  • Net Sq Ft: 3142.00
  • Price Per Sq Ft: 168.36
  • Above Grade Finished Sq Ft: 3142
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • 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: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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
  • Senior Community: No

Schools

  • School District: WALLINGFORD-SWARTHMORE
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • Middle School: STRATH HAVEN
  • High School: STRATH HAVEN
  • School District Key: 300200396626
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • High School: STRATH HAVEN
  • Middle Or Junior School: STRATH HAVEN

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 0.40
  • Lot Dimensions: 125X185
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17642.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 566205
  • Tax Annual Amount: 17558.00
  • Assessor Parcel Number: 43-00-01303-00
  • Tax Lot: 006-000
  • Tax Year: 2018
  • Close Date: 09/06/2018

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Sep 6, 2018
Sold by
Walter Randall J and Walter Eve W
Bought by
Teng Chen Chungchi and Teng Chi Kai
Seller's Agent
Erica Kaufman
Compass RE
Buyer's Agent
Andy Black
Redfin Corporation
List Price
$649,900
Sold Price
$500,000
Premium/Discount to List
-$149,900
-23.07%
Current Estimated Value
$971,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,342
Avg. Annual Appreciation
9.27%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Walter Randall J and Walter Eve W

Purchase Details

Closed on
Apr 27, 2011
Sold by
Cain Jennifer S
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 26, 1998
Sold by
Portale Joseph and Portale Amy Charlton
Bought by
Cain Jennifer S

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
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1994
Sold by
Portale Joseph and Charlton Amy
Bought by
Portale Joseph and Charlton Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 1994
Sold by
Portale Joseph and Portale Lisa A
Bought by
Portale Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
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
Teng Chen Chungchi $500,000 None Available
Walter Randall J $193,000 None Available
Deutsche Bank National Trust Company -- None Available
Cain Jennifer S $319,000 --
Portale Joseph -- --
Portale Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Chungchi $294,370
Closed Teng Chen Chungchi $300,000
Previous Owner Cain Jennifer S $30,000
Previous Owner Cain Jennifer S $10,000
Previous Owner Cain Jennifer S $465,000
Previous Owner Cain Jennifer S $413,000
Previous Owner Cain Jennifer S $300,000
Previous Owner Portale Joseph $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $500,000 -5.5% $159 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $529,000 +0.8% $168 / Sq Ft
06/19/2018 06/19/18 Price Changed $524,900 -10.3% $167 / Sq Ft
06/07/2018 06/07/18 Price Changed $585,000 -10.0% $186 / Sq Ft
05/14/2018 05/14/18 For Sale $649,900 -- $207 / 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 $17,317 $480,560 $163,240 $317,320
2023 $16,647 $480,560 $163,240 $317,320
2022 $16,206 $480,560 $163,240 $317,320
2021 $26,395 $480,560 $163,240 $317,320
2020 $16,453 $282,000 $121,720 $160,280
2019 $17,514 $307,950 $121,720 $186,230
2018 $17,224 $307,950 $0 $0
2017 $16,838 $307,950 $0 $0
2016 $1,690 $307,950 $0 $0
2015 $1,725 $307,950 $0 $0
2014 $1,725 $307,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001190458

Bright MLS

APN: 43-00-01303-00