NOT LISTED FOR SALE

642 Broad Acres Rd Penn Valley, PA 19072

Estimated Value: $1,127,379 - $1,486,000

5 Beds
3 Baths
2,598 Sq Ft
$500/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $855,000 $329 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,106/month

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Penn Valley School Rated A+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

This is an extraordinary home nestled on a quiet and beautiful street in Lower Merion. Level landstretching close to one acre enfolds this sprawling 5 bedrooms 3 full baths classic stone house.There are TWO spacious master suites with one having a wood-burning fireplace. In addition,there are 3 nicely sized bedrooms with a newer hallway bath. Recent updates, include but notlimited to, hardwood floors, two full baths, electrical wiring throughout the entire house, allinterior doors, conversion to gas boiler for heating, ceiling, water heater, replacement of centralair system, roof, gutters with gutter guards, stone patio, and a resurfaced and seal coateddriveway. Natural light floods through all areas of the home while hardwood floors and freshneutral paint flow from room to room. A generous dining room with a breathtaking view of thebackyard and a wood-burning stone fireplace in a large living room with huge picturesquewindows add to the beauty of this home. A gourmet kitchen filled with gleaming stainless steelappliances, ground level laundry, and a 2-car garage with inside access are present in this lovelyhome. A brand-new blue-stone patio with an outdoor playset decorate the grounds. A marveloushome with move-in ready condition.

Last Agent to Sell the Property

Lily Wu

Keller Williams Main Line License #RS314264 Listed on: 04/16/2019

Keller Williams Main Line

Last Buyer's Agent

Andrea Lee

Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,513

Year Built

  • Built in 1954

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 110.00 x 0.00
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,598 Sq Ft Home
  • Property has 1.5 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Penn Valley Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 276
  • Assessor Parcel Number 40-00-07288-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,513

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Washer, Dryer and Refrigerator - all in as-is condition as of the day and time of final settlement.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1954
  • Remarks Public: This is an extraordinary home nestled on a quiet and beautiful street in Lower Merion. Level landstretching close to one acre enfolds this sprawling 5 bedrooms 3 full baths classic stone house.There are TWO spacious master suites with one having a wood-burning fireplace. In addition,there are 3 nicely sized bedrooms with a newer hallway bath. Recent updates, include but notlimited to, hardwood floors, two full baths, electrical wiring throughout the entire house, allinterior doors, conversion to gas boiler for heating, ceiling, water heater, replacement of centralair system, roof, gutters with gutter guards, stone patio, and a resurfaced and seal coateddriveway. Natural light floods through all areas of the home while hardwood floors and freshneutral paint flow from room to room. A generous dining room with a breathtaking view of thebackyard and a wood-burning stone fireplace in a large living room with huge picturesquewindows add to the beauty of this home. A gourmet kitchen filled with gleaming stainless steelappliances, ground level laundry, and a 2-car garage with inside access are present in this lovelyhome. A brand-new blue-stone patio with an outdoor playset decorate the grounds. A marveloushome with move-in ready condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 2598
  • Living Area Sq Ft: 2598
  • Price Per Sq Ft: 365.67
  • Above Grade Finished Sq Ft: 2598
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 642

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Roof: Shingle
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.97
  • Lot Dimensions: 110.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42165.00
  • Year Assessed: 2019
  • Zoning: R2

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 718354
  • School Tax: 9911.00
  • Tax Annual Amount: 12513.00
  • Assessor Parcel Number: 40-00-07288-007
  • Tax Lot: 276
  • Tax Total Finished Sq Ft: 2598
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/24/2019

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Apr 24, 2019
Sold by
Kwok Shannon and Nguyen Phu
Bought by
Sollins Jeffrey Stuart and Sollins Maryna V
Seller's Agent
Lily Wu
Keller Williams Main Line
Buyer's Agent
Andrea Lee
Compass RE
List Price
$950,000
Sold Price
$855,000
Premium/Discount to List
-$95,000
-10%
Current Estimated Value
$1,299,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,095
Avg. Annual Appreciation
6.66%
Original Mortgage
$609,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 30, 2013
Sold by
Brophy Michael K and Rose Erica
Bought by
Kwok Shannon and Nguyen Phu
Seller's Agent
Jamie Moss
BHHS Fox & Roach-Bryn Mawr
Buyer's Agent
Lily Wu
Keller Williams Main Line
List Price
$525,000
Sold Price
$468,000
Premium/Discount to List
-$57,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$374,400
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Castro Michael D and Castro Gayle Z
Bought by
Rose Erica and Brophy Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.7%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Klein Joann
Bought by
Castro Michael D and Castro Gayle Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Sollins Jeffrey Stuart $855,000 None Available
Kwok Shannon $468,000 Old Republic National Title
Rose Erica $840,000 None Available
Castro Michael D $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sollins Jeffrey Stuart $599,000
Closed Sollins Jeffrey Stuart $609,000
Previous Owner Kwok Shannon $215,000
Previous Owner Nguyen Phu $52,000
Previous Owner Kwok Shannon $374,400
Previous Owner Rose Erica $165,000
Previous Owner Rose Erica $417,000
Previous Owner Castro Michael D $50,000
Previous Owner Castro Michael D $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $855,000 -10.0% $329 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $950,000 +103.0% $366 / Sq Ft
04/30/2013 04/30/13 Sold $468,000 -10.9% $180 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $525,000 -- $202 / 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 $14,206 $340,150 $198,990 $141,160
2024 $14,206 $340,150 $198,990 $141,160
2023 $13,613 $340,150 $198,990 $141,160
2022 $13,361 $340,150 $198,990 $141,160
2021 $13,057 $340,150 $198,990 $141,160
2020 $12,738 $340,150 $198,990 $141,160
2019 $12,513 $340,150 $198,990 $141,160
2018 $12,514 $340,150 $198,990 $141,160
2017 $12,053 $340,150 $198,990 $141,160
2016 $11,921 $340,150 $198,990 $141,160
2015 $11,114 $340,150 $198,990 $141,160
2014 $11,114 $340,150 $198,990 $141,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC604620

Bright MLS

APN: 40-00-07288-007