NOT LISTED FOR SALE

623 Broad Acres Rd Penn Valley, PA 19072

Estimated Value: $2,575,000 - $2,708,000

6 Beds
8 Baths
8,500 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $2,075,000 $244 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $17,532/month

49 Days on Market

Highlights

  • Gourmet Kitchen
  • Commercial Range
  • Dual Staircase
  • Penn Valley School Rated A+
  • Open Floorplan
  • Colonial Architecture

About This Home

As of October 2021

Turn-key home on one of Narberth/Penn Valley's most coveted tree-lined streets in a premiere walkable location. Down the private drive you will find this handsome custom built home sitting on a beautiful manicured lot. The home boasts a fabulous floor plan of beautifully curated living spaces throughout three levels perfect for today's lifestyle. Soaring ceilings, multiple work from home/office spaces, gracious rooms, high end finishes and abundant windows throughout. Whether you love to cook or entertain the Chef's Gourmet Kitchen with top of the line commercial grade appliances and oversized island provide a perfect space for all your needs. The Kitchen is open to a generously sized Breakfast Room (leading to the rear deck) and stunning Family Room with vaulted ceilings, built-ins and gas fireplace. The second floor offers 5 spacious bedrooms with 4 renovated baths including a wonderful master suite with vaulted ceilings, multiple closets and a wonderful marble bath complete with soaking tub and walk-in shower. There is also an incredible bedroom suite over the 3 car garage with sitting area/office space, Juliette balcony and walk-in closet. The finished walk-out lower level boasts incredible light, multiple entertaining and recreation spaces including a home theater, yoga room, gym, billiards room, optional 6th bedroom with 1 full and 1 half bath. Doors lead to the bluestone patio with built-in grill provide the perfect outdoor cooking, dining or relaxation space surrounded by flat manicured grounds. Key features include private setting, multiple outdoor entertaining and dining spaces, 3 car oversized garage, award winning Lower Merion Schools and an incredible location!

Last Agent to Sell the Property

Andrea Desy Edrei

SERHANT PENNSYLVANIA LLC License #RS279858 Listed on: 05/20/2021

SERHANT PENNSYLVANIA LLC

Last Buyer's Agent

Janet Cantwell-Papale

Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,659

Year Built

  • Built in 2005 | Remodeled in 2015

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 16.00 x 0.00
  • Extensive Hardscape
  • Level Lot
  • Property is in excellent condition
  • Property is zoned RM1

Parking

  • 3 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Wood Flooring
  • Garden Views
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Lower Merion High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 40-00-07360-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,659

Year Built

Built in 2005 | Remodeled in 2015

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-21
  • Year Built: 2005
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Turn-key home on one of Narberth/Penn Valley's most coveted tree-lined streets in a premiere walkable location. Down the private drive you will find this handsome custom built home sitting on a beautiful manicured lot. The home boasts a fabulous floor plan of beautifully curated living spaces throughout three levels perfect for today's lifestyle. Soaring ceilings, multiple work from home/office spaces, gracious rooms, high end finishes and abundant windows throughout. Whether you love to cook or entertain the Chef's Gourmet Kitchen with top of the line commercial grade appliances and oversized island provide a perfect space for all your needs. The Kitchen is open to a generously sized Breakfast Room (leading to the rear deck) and stunning Family Room with vaulted ceilings, built-ins and gas fireplace. The second floor offers 5 spacious bedrooms with 4 renovated baths including a wonderful master suite with vaulted ceilings, multiple closets and a wonderful marble bath complete with soaking tub and walk-in shower. There is also an incredible bedroom suite over the 3 car garage with sitting area/office space, Juliette balcony and walk-in closet. The finished walk-out lower level boasts incredible light, multiple entertaining and recreation spaces including a home theater, yoga room, gym, billiards room, optional 6th bedroom with 1 full and 1 half bath. Doors lead to the bluestone patio with built-in grill provide the perfect outdoor cooking, dining or relaxation space surrounded by flat manicured grounds. Key features include private setting, multiple outdoor entertaining and dining spaces, 3 car oversized garage, award winning Lower Merion Schools and an incredible location!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Exhaust Fan, Oven - Double, Oven/Range - Gas, Range Hood, Six Burner Stove, Stainless Steel Appliances
  • Flooring Type: Hardwood
  • Interior Amenities: Additional Stairway, Breakfast Area, Built-Ins, Butlers Pantry, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Outside Entrance, Walkout Level, Windows
  • Laundry Type: Upper Floor
  • Total Sq Ft: 8500
  • Living Area Sq Ft: 8500
  • Price Per Sq Ft: 346.15
  • Above Grade Finished Sq Ft: 6500
  • Below Grade Finished Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 623

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Extensive Hardscape
  • Roof: Asphalt
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Built In, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • High School: LOWER MERION
  • High School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • High School: LOWER MERION

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Features: Level
  • Lot Size Acres: 0.74
  • Lot Dimensions: 16.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32100.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 718371
  • School Tax: 25307.00
  • Tax Annual Amount: 31659.00
  • Assessor Parcel Number: 40-00-07360-007
  • Tax Lot: 151
  • Tax Total Finished Sq Ft: 9359
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/12/2021

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Oct 8, 2021
Sold by
J U S Residence Trust
Bought by
Roegge Frederick J and Roegge Julie
Seller's Agent
Andrea Desy Edrei
SERHANT PENNSYLVANIA LLC
Buyer's Agent
Janet Cantwell-Papale
Compass RE
List Price
$2,395,000
Sold Price
$2,075,000
Premium/Discount to List
-$320,000
-13.36%
Current Estimated Value
$2,685,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,963
Avg. Annual Appreciation
6.10%
Original Mortgage
$2,000,000
Interest Rate
3.09%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Berg Waverly Llc
Bought by
Driben Aaron J and Driben Susan Stone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,472,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2004
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Aug 31, 2004
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jun 22, 2004
Sold by
Sayre Mccord Geoffrey and Sayre Mccord Joan
Bought by
Darwish Shlomo
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
Roegge Frederick J $2,075,000 None Available
Driben Aaron J $1,840,000 --
Not Provided $499,900 --
Not Provided $499,900 --
Darwish Shlomo $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roegge Frederick J $2,000,000
Previous Owner Driben Aaron J $1,472,000
Closed Darwish Shlomo $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $2,075,000 -7.8% $244 / Sq Ft
06/22/2021 06/22/21 Price Changed $2,250,000 -6.1% $265 / Sq Ft
05/20/2021 05/20/21 For Sale $2,395,000 +30.1% $282 / Sq Ft
06/16/2014 06/16/14 Sold $1,840,750 -0.4% $248 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $1,849,000 -- $249 / 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 $33,912 $812,000 -- --
2023 $32,497 $812,000 $0 $0
2022 $31,895 $812,000 $0 $0
2021 $31,169 $812,000 $0 $0
2020 $30,408 $812,000 $0 $0
2019 $29,871 $812,000 $0 $0
2018 $29,871 $812,000 $0 $0
2017 $28,773 $812,000 $0 $0
2016 $28,457 $812,000 $0 $0
2015 $26,532 $812,000 $0 $0
2014 $26,532 $812,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC693486

Bright MLS

APN: 40-00-07360-007