NOT LISTED FOR SALE

714 Willow Way Penn Valley, PA 19072

Estimated Value: $2,035,000 - $2,168,000

4 Beds
4.5 Baths
4,626 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $1,800,000 $389 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $13,219/month

27 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • Colonial Architecture
  • Belmont Hills El School Rated A+
  • Open Floorplan
  • Deck

About This Home

As of May 2023

Introducing the Homes at Willow Way! The first of 3 rarely offered new construction homes in Penn Valley within walking distance to the village of Narberth, Merion Station and easy access to Center City, Philadelphia all in top ranked Lower Merion School District. Custom built by Vintage Development, 714 Willow Way combines classic Main Line charm with a modern floor plan and finishes that are sure to please. Custom cut fieldstone combined with James Hardie cement board siding and a large and welcoming flagstone front porch gives this home striking curb appeal. The Interior Center Hall floor plan starts with a gorgeous 2 story open staircase with oak treads and an abundance of natural light. A large, formal living room is next to the entry and offers crown molding, oversized baseboards and large, bright windows. The formal Dining Room is also adjacent to the entryway and will be a special place for occasions big and small and memories to be made. This wonderful gathering space has custom wainscoting, room for a large table and access to the Butler's pantry. Through the pantry is the heart of the home starting with the large deluxe kitchen with center island. This gourmet kitchen is a chef's dream that includes gorgeous Century Carriage House cabinetry, Quartz countertops and top of the line GE Monogram PRO series appliances. Open to the kitchen is the large and inviting family room space with custom built-in shelving and mantle, direct vent gas fireplace and large oversized windows for great natural light. Enjoy indoor/outdoor living with access to the large composite deck perfect for entertaining. Off the kitchen is the huge mudroom with more built in shelving and custom built cubbies, Powder Room and access to the 2 car garage. Finishing off the first floor is a large, private study great for a home office on the first floor. Heading upstairs to the second floor, the layout is a treat starting with the grand primary suite. Vaulted ceilings in the bedroom, a massive walk-in closet with Top Shelf closet systems and a stunning spa like bath with a gorgeous soaking tub, Carrera tile and a beautiful walk-in shower. Floor plan continues with two large bedrooms (2 and 3) that share a Jack and Jill bathroom with bathtub and double sinks. A junior suite down the hall has it's own bathroom and walk-in closet. Rounding off the second floor is the ultra convenient second floor laundry room and pull-down attic access for additional storage. Need some additional living space? The partially finished basement offers great possibilities with a large living space perfect for a playroom, movie theater, game area and a second finished room with an oversized window, closet and access to the full bathroom. This bonus space could work as a 5th bedroom, 2nd office, gym or great au pair suite. Top notch construction and materials throughout, be the first to enjoy a wonderfully thought out and rare new construction home in Penn Valley. Location affords walkability to the shoppes and train of Narberth, the gem that is General Wayne playground, the esteemed Penn Valley Pub and so much more. Delivery expected late Spring, make the move today!

Last Agent to Sell the Property

Edward Owsik

Duffy Real Estate-Narberth Listed on: 02/06/2023

Co-Listed By

Pamela Mawhinney Owsik

Duffy Real Estate-Narberth

Last Buyer's Agent

Cynthia Ridgway

Compass RE License #RS321382

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,935

Lot Details

  • 8,382 Sq Ft Lot
  • Lot Dimensions are 64.00 x 0.00
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • New Construction
  • Colonial Architecture
  • Asphalt Roof
  • Cement Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Low Emissivity Windows
  • Double Hung Windows
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area
  • Carpet
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Penn Valley Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 40-00-65612-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-02-06
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Introducing the Homes at Willow Way! The first of 3 rarely offered new construction homes in Penn Valley within walking distance to the village of Narberth, Merion Station and easy access to Center City, Philadelphia all in top ranked Lower Merion School District. Custom built by Vintage Development, 714 Willow Way combines classic Main Line charm with a modern floor plan and finishes that are sure to please. Custom cut fieldstone combined with James Hardie cement board siding and a large and welcoming flagstone front porch gives this home striking curb appeal. The Interior Center Hall floor plan starts with a gorgeous 2 story open staircase with oak treads and an abundance of natural light. A large, formal living room is next to the entry and offers crown molding, oversized baseboards and large, bright windows. The formal Dining Room is also adjacent to the entryway and will be a special place for occasions big and small and memories to be made. This wonderful gathering space has custom wainscoting, room for a large table and access to the Butler's pantry. Through the pantry is the heart of the home starting with the large deluxe kitchen with center island. This gourmet kitchen is a chef's dream that includes gorgeous Century Carriage House cabinetry, Quartz countertops and top of the line GE Monogram PRO series appliances. Open to the kitchen is the large and inviting family room space with custom built-in shelving and mantle, direct vent gas fireplace and large oversized windows for great natural light. Enjoy indoor/outdoor living with access to the large composite deck perfect for entertaining. Off the kitchen is the huge mudroom with more built in shelving and custom built cubbies, Powder Room and access to the 2 car garage. Finishing off the first floor is a large, private study great for a home office on the first floor. Heading upstairs to the second floor, the layout is a treat starting with the grand primary suite. Vaulted ceilings in the bedroom, a massive walk-in closet with Top Shelf closet systems and a stunning spa like bath with a gorgeous soaking tub, Carrera tile and a beautiful walk-in shower. Floor plan continues with two large bedrooms (2 and 3) that share a Jack and Jill bathroom with bathtub and double sinks. A junior suite down the hall has it's own bathroom and walk-in closet. Rounding off the second floor is the ultra convenient second floor laundry room and pull-down attic access for additional storage. Need some additional living space? The partially finished basement offers great possibilities with a large living space perfect for a playroom, movie theater, game area and a second finished room with an oversized window, closet and access to the full bathroom. This bonus space could work as a 5th bedroom, 2nd office, gym or great au pair suite. Top notch construction and materials throughout, be the first to enjoy a wonderfully thought out and rare new construction home in Penn Valley. Location affords walkability to the shoppes and train of Narberth, the gem that is General Wayne playground, the esteemed Penn Valley Pub and so much more. Delivery expected late Spring, make the move today!
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Butlers Pantry, Built-Ins, Carpet, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Wainscotting, Walk-In Closet(s)
  • Window Features: Double Hung, Low-E
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4626
  • Living Area Sq Ft: 4626
  • Price Per Sq Ft: 481.54
  • Above Grade Finished Sq Ft: 3738
  • Below Grade Finished Sq Ft: 888
  • Total Below Grade Sq Ft: 888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 714

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Cement Siding
  • Construction Completed: No
  • Roof: Asphalt
  • 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: Paved Driveway, Private
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 2102
  • Lot Size Acres: 0.19
  • Lot Dimensions: 64.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8382.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 736857
  • School Tax: 1527.00
  • Tax Annual Amount: 1935.00
  • Assessor Parcel Number: 40-00-65612-003
  • Tax Lot: 115
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2023
  • Close Date: 05/18/2023

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 21, 2023
Sold by
Vintage Development Llc
Bought by
Hunter Jacob B and Tibbetts Kathleen M
Seller's Agent
Edward Owsik
Duffy Real Estate-Narberth
Buyer's Agent
Cynthia Ridgway
Compass RE
List Price
$1,800,000
Sold Price
$1,800,000
Views
16
Current Estimated Value
$2,093,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,587
Avg. Annual Appreciation
5.64%
Original Mortgage
$1,440,000
Outstanding Balance
$1,395,064
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$649,416

Purchase Details

Closed on
May 10, 2021
Sold by
Gallagher Ann and Patrick J Gallagher Iii Truste
Bought by
Vintage Development Llc
Source: Public Records

Range of Values:

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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
Hunter Jacob B $1,800,000 None Listed On Document
Vintage Development Llc $1,225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Jacob B $1,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $1,800,000 0.0% $389 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,800,000 -- $389 / 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 $22,804 $546,040 -- --
2024 $22,804 $546,040 -- --
2023 $1,936 $48,360 $0 $0
2022 $1,823 $46,420 $45,960 $460
2021 $1,782 $46,420 $45,960 $460
2020 $1,738 $46,420 $45,960 $460
2019 $1,708 $46,420 $45,960 $460
2018 $1,707 $46,420 $45,960 $460
2017 $1,645 $46,420 $45,960 $460
2016 $1,627 $46,420 $45,960 $460
2015 $1,516 $46,420 $45,960 $460
2014 $1,516 $46,420 $45,960 $460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2062144

Bright MLS

APN: 40-00-65612-003