62 Prospect Ave Bryn Mawr, PA 19010
Estimated Value: $499,846
3
Beds
3
Baths
3,788
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Park or Greenbelt View
- No HOA
- Central Air
- Welsh Valley Middle School Rated A+
- Ramp on the main level
- 2-minute walk to Warner Avenue Park and Playground
About This Home
As of November 2023SEE COMMERCIAL LISTING.........62 Prospect AVE. MLS#2072634
Located in the heart of Bryn Mawr, a quiet one way street, a block from the hospital and next door to an adorable park, 1 block from the shops and restaurants of downtown, this location cannot be beat!
Attention INVESTORS with a vision for wealth and income, (what investor doesn't want that!), already has a 3 bedroom apartment and MDR1 zoning. Current use as funeral home will not be permitted by Seller, however property has non conforming use so check, you may be able to have a veterinary clinic, or other business uses. Could it be a gym or yoga studio? Men and women powder rooms, open area. Two driveways with off street parking and on street parking makes it versatile than most, a fenced yard and a "ramp" for handicap accessibility.......a 3 bedroom existing apartment ready to be rented and produce income.
OR, do you want to create your own single family residence?
What a great opportunity for immediate income from the apartment and time to create the additional use for interesting and lucrative opportunities as a rental property.
Check for property address as a commercial listing too.
Priced to sell AS IS, no other priced like this in popular, desirable, prestigious BRYN MAWR !
Last Agent to Sell the Property
RE/MAX Main Line-West Chester License #RS193029L Listed on: 05/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,241
Year Built
- Built in 1910 | Remodeled in 1977
Lot Details
- 4,265 Sq Ft Lot
- Lot Dimensions are 50.00 x 0.00
- Property is Fully Fenced
- Wire Fence
- Property is in average condition
- Property is zoned MDR1
Home Design
- Hip Roof Shape
- Shingle Roof
- Stick Built Home
- Masonry
- Stucco
Interior Spaces
- 3,788 Sq Ft Home
- Property has 2 Levels
- Park or Greenbelt Views
- Natural lighting in basement
- Self-Cleaning Oven
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- On-Street Parking
Schools
- Welsh Valley Middle School
- Lower Merion High School
Utilities
- Central Air
- Hot Water Heating System
- 200+ Amp Service
- Electric Water Heater
Additional Features
- Ramp on the main level
- Exterior Lighting
- Dwelling with Separate Living Area
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 83
- Assessor Parcel Number 40-00-47992-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2023
Closed on
Nov 15, 2023
Sold by
Debaptiste Clifford
Bought by
62 Prospect Avenue Llc
Seller's Agent
Arleen Pecone
RE/MAX Main Line-West Chester
Buyer's Agent
Judy Yoon
BHHS Fox & Roach-Blue Bell
List Price
$625,000
Sold Price
$475,000
Premium/Discount to List
-$150,000
-24%
Views
243
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
$24,846
Avg. Annual Appreciation
3.28%
Purchase Details
Closed on
May 19, 1977
Bought by
Debaptiste Clifford Inez E
Similar Home in Bryn Mawr, PA
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 |
|---|---|---|---|
| 62 Prospect Avenue Llc | $475,000 | Trident Land Transfer | |
| Debaptiste Clifford Inez E | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Debaptiste Clifford | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $475,000 | -10.4% | $125 / Sq Ft |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | Price Changed | $530,000 | -15.2% | $140 / Sq Ft |
| 08/16/2023 08/16/23 | Price Changed | $625,000 | +13.6% | $165 / Sq Ft |
| 07/05/2023 07/05/23 | Price Changed | $550,000 | -12.0% | $145 / Sq Ft |
| 05/22/2023 05/22/23 | For Sale | $625,000 | -- | $165 / 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 | $10,378 | $248,510 | $25,750 | $222,760 |
| 2023 | $9,946 | $248,510 | $25,750 | $222,760 |
| 2022 | $9,761 | $248,510 | $25,750 | $222,760 |
| 2021 | $9,539 | $248,510 | $25,750 | $222,760 |
| 2020 | $9,306 | $248,510 | $25,750 | $222,760 |
| 2019 | $9,142 | $248,510 | $25,750 | $222,760 |
| 2018 | $9,142 | $248,510 | $25,750 | $222,760 |
| 2017 | $8,806 | $248,510 | $25,750 | $222,760 |
| 2016 | $8,709 | $248,510 | $25,750 | $222,760 |
| 2015 | $8,120 | $248,510 | $25,750 | $222,760 |
| 2014 | $8,120 | $248,510 | $25,750 | $222,760 |
Source: Public Records
Agents Affiliated with this Home
-
Arleen Pecone
Seller's Agent in 2023
Arleen Pecone
RE/MAX
(610) 405-3074
1 in this area
44 Total Sales
-
Judy Yoon
Buyer's Agent in 2023
Judy Yoon
BHHS Fox & Roach
(267) 307-5707
1 in this area
30 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2072596
APN: 40-00-47992-001
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