NOT LISTED FOR SALE

718 Willow Way Penn Valley, PA 19072

Estimated Value: $2,032,281 - $2,176,000

4 Beds
4.5 Baths
4,626 Sq Ft
$450/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,850,000 $400 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,002/month

100 Days on Market

Highlights

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

About This Home

As of July 2023

Last available 2023 delivery at the Homes at Willow Way! Enjoy the Summer in this rarely offered new construction home 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, 718 Willow Way combines classic Main Line charm with a modern floor plan and finishes that are sure to please. Custom cut fieldstone from top to bottom on the exterior front 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 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, only one property remains for a 2023 move-in. 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.

Last Agent to Sell the Property

Edward Owsik

Duffy Real Estate-Narberth Listed on: 03/17/2023

Co-Listed By

Pamela Mawhinney Owsik

Duffy Real Estate-Narberth

Last Buyer's Agent

Michael Becker

KW Empower License #RS285527

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,886

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,382 Sq Ft Lot
  • Wood Fence
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area
  • Carpet
  • Laundry on upper level
  • Partially Finished Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Vintage Development LLC
  • Penn Valley Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,886

Year Built

Built in 2023 | New Construction

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: 2023-03-17
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Microwave, Refrigerator, Range Hood, Stainless Steel Appliances, Six Burner Stove
  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Soaking Tub, Wainscotting, Walk-In Closet(s)
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4626
  • Living Area Sq Ft: 4626
  • Price Per Sq Ft: 498.93
  • 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: 718

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, Hardiplank Type
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Spa: No
  • 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: Private, Paved Driveway, Asphalt Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access, Oversized
  • 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
  • Electric Service: 200+ Amp Service
  • 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

Lot Info

  • Horses: No
  • Fencing: Wood
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8382.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Vintage Development LLC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023
  • Close Date: 07/31/2023

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jul 31, 2023
Sold by
Vintage Development Llc
Bought by
Parsons Ronald F and Parsons Kimberly V
Seller's Agent
Edward Owsik
Duffy Real Estate-Narberth
Buyer's Agent
Michael Becker
KW Empower
List Price
$1,865,000
Sold Price
$1,850,000
Premium/Discount to List
-$15,000
-0.8%
Views
195
Current Estimated Value
$2,082,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,427
Avg. Annual Appreciation
4.52%
Original Mortgage
$1,480,000
Interest Rate
6.81%

Purchase Details

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

Purchase Details

Closed on
Jan 1, 1969
Bought by
Gallagher Patrick J
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
Parsons Ronald F $1,850,000 None Listed On Document
Vintage Development Llc $1,225,000 None Available
Gallagher Patrick J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Ronald F $1,454,000
Closed Parsons Ronald F $1,480,000
Previous Owner Vintage Development Llc $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,850,000 -0.8% $400 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,865,000 +0.8% $403 / Sq Ft
05/31/2023 05/31/23 Off Market $1,850,000 -- --
03/17/2023 03/17/23 For Sale $1,865,000 -- $403 / 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 $22,886 $547,990 -- --
2024 $22,886 $547,990 -- --
2023 $1,936 $48,360 $0 $0
2022 $5,996 $152,650 $60,010 $92,640
2021 $5,860 $152,650 $60,010 $92,640
2020 $5,716 $152,650 $60,010 $92,640
2019 $5,615 $152,650 $60,010 $92,640
2018 $5,616 $152,650 $60,010 $92,640
2017 $5,409 $152,650 $60,010 $92,640
2016 $5,350 $152,650 $60,010 $92,640
2015 $4,988 $152,650 $60,010 $92,640
2014 $4,988 $152,650 $60,010 $92,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2066440

Bright MLS

APN: 40-00-66996-005