NOT LISTED FOR SALE

702 Belmont Terrace Bala Cynwyd, PA 19004

Estimated Value: $678,000 - $793,000

4 Beds
2.5 Baths
1,628 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $407,500 $250 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,400/month

59 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Direct Access Garage
  • Cynwyd School Rated A+
  • No HOA
  • Butlers Pantry

About This Home

As of March 2018

Don't miss the opportunity to call 702 Belmont Terrace home! Move right in to this charming 4 bedroom, 2 full and one half bath home that sits on a quiet cul-da-sac in Bala Cynwyd. Enter into a spacious living room and dining room area with an open floorplan, parquet floors and large windows which provide tons of natural light. The updated kitchen is off the dining area and offers stainless steel appliances, granite counters, tile backsplash, maple cabinets, breakfast bar, tile floors and access to the porch and backyard. The Master Suite has parquet floors, his and her closets, ceiling fan and an updated en-suite with granite counters, tile floors and tile surround shower. Three additional bedrooms are spacious in size, have parquet floors and share an updated bath. The finished lower level provides additional living space and includes a built in dry-bar and half bathroom. Located in award winning Lower Merion School District. Easy access to Center City, public transportation and major roadways.

Last Agent to Sell the Property

Damon Michels

(610) 668-3400 damon@damonmichels.com KW Main Line - Narberth License #AB067731 Listed on: 12/21/2017

KW Main Line - Narberth

Last Buyer's Agent

Damon Michels

(610) 668-3400 damon@damonmichels.com KW Main Line - Narberth License #AB067731 Listed on: 12/21/2017

KW Main Line - Narberth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R4

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 1,628 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 40-00-05264-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Trash Compactor, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Butlers Pantry
  • Fireplace: No
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1628
  • Living Area Sq Ft: 1628
  • Net Sq Ft: 1628.00
  • Price Per Sq Ft: 261.06
  • Above Grade Finished Sq Ft: 1628
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10687.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 717768
  • Tax Annual Amount: 6500.00
  • Assessor Parcel Number: 40-00-05264-006
  • Tax Lot: 186
  • Tax Year: 2017

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2017
Closed on
Mar 13, 2018
Sold by
Mowery Neil K
Bought by
Khan Wasi A
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Damon Michels
KW Main Line - Narberth
List Price
$425,000
Sold Price
$407,500
Premium/Discount to List
-$17,500
-4.12%
Current Estimated Value
$719,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,164
Avg. Annual Appreciation
7.64%
Original Mortgage
$387,125
Outstanding Balance
$331,735
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$387,929

Purchase Details

Closed on
Mar 18, 2006
Sold by
Specker Monty H and Specker Thelma
Bought by
Mowery Neil K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khan Wasi A $407,500 --
Mowery Neil K $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Wasi A $387,125
Previous Owner Mowery Neil K $39,000
Previous Owner Mowery Neil K $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $407,500 -4.1% $250 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
12/21/2017 12/21/17 For Sale $425,000 -- $261 / 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 $7,517 $180,000 $102,700 $77,300
2024 $7,517 $180,000 $102,700 $77,300
2023 $7,204 $180,000 $102,700 $77,300
2022 $7,070 $180,000 $102,700 $77,300
2021 $6,909 $180,000 $102,700 $77,300
2020 $6,741 $180,000 $102,700 $77,300
2019 $6,622 $180,000 $102,700 $77,300
2018 $6,622 $180,000 $102,700 $77,300
2017 $6,378 $180,000 $102,700 $77,300
2016 $6,308 $180,000 $102,700 $77,300
2015 $5,881 $180,000 $102,700 $77,300
2014 $5,881 $180,000 $102,700 $77,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004351629

Bright MLS

APN: 40-00-05264-006