NOT LISTED FOR SALE

Estimated Value: $884,000 - $1,293,000

6 Beds
4 Baths
3,964 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $520,000 $131 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,864/month

2 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Deck
  • Welsh Valley Middle School Rated A+
  • Colonial Architecture
  • Stream or River on Lot

About This Home

As of January 2018

With a pedigree dating to the second half of the 18th century, this Iconic Historic Mill Building, nestled between Mill Creek Road and Mill Creek, is a rare find! Constructed of fieldstone, it served as a paper, grist and flour mill before being converted to a residence by renowned architect Walter K. Durham in 1938. Presently this 4,000SF Residence in Gladwyne consists of 3 Apartments (1: 3BR/1Bath, 2: 1BR/1Bath, 3: 2BR (walkthrough 1st (possible FR) to access 2nd)/2Bath). Two Tax Parcels comprised of 1: #40-00-37692-005, .28 Acres and Main House; 2: #40-00-37760-009, .21 Acres with Garage across Mill Creek Road from the Main House. This Class 1 Historic Resource is known as the "Wallover/Jones Mill Complex" and could be returned to a single residence or retained as a Triplex. Remarkable architectural details and stunning Mill Creek setting with amazing side garden/yard featuring grand stone walls and arches. Own a piece of Lower Merion's historic patrimony with this uniquely situated treasure. Bring your vision for updates and cosmetics to bring this picturesque property to the next level! Class 1 designation may allow for additional permitted uses.

Last Agent to Sell the Property

Michael Wallacavage

James A Cochrane Inc License #RS286617 Listed on: 10/17/2017

Co-Listed By

William Cochrane

James A Cochrane Inc License #RM051966A

Last Buyer's Agent

Nicole Antonelli

BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,159

Year Built

  • Built in 1800

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Irregular Lot
  • Back and Side Yard
  • Property is in good condition
  • Property is zoned RAA

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 3,964 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Balcony
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Executive House Subdivision

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 40-00-37692-005 & 40-00-37760-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,159

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerators, Washer/Dryer: All "As Is"
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1800
  • Remarks Public: With a pedigree dating to the second half of the 18th century, this Iconic Historic Mill Building, nestled between Mill Creek Road and Mill Creek, is a rare find! Constructed of fieldstone, it served as a paper, grist and flour mill before being converted to a residence by renowned architect Walter K. Durham in 1938. Presently this 4,000SF Residence in Gladwyne consists of 3 Apartments (1: 3BR/1Bath, 2: 1BR/1Bath, 3: 2BR (walkthrough 1st (possible FR) to access 2nd)/2Bath). Two Tax Parcels comprised of 1: #40-00-37692-005, .28 Acres and Main House; 2: #40-00-37760-009, .21 Acres with Garage across Mill Creek Road from the Main House. This Class 1 Historic Resource is known as the "Wallover/Jones Mill Complex" and could be returned to a single residence or retained as a Triplex. Remarkable architectural details and stunning Mill Creek setting with amazing side garden/yard featuring grand stone walls and arches. Own a piece of Lower Merion's historic patrimony with this uniquely situated treasure. Bring your vision for updates and cosmetics to bring this picturesque property to the next level! Class 1 designation may allow for additional permitted uses.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Exposed Beams
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3964
  • Living Area Sq Ft: 3964
  • Net Sq Ft: 3964.00
  • Price Per Sq Ft: 138.75
  • Above Grade Finished Sq Ft: 3964
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 800

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Access To Pool: No
  • Roof: Pitched, Shingle
  • View: Water
  • View: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Fuses
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • 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

Lot Info

  • Land Use Code: 1134
  • Lot Features: Irregular, Level, Sloping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.28
  • Lot Dimensions: 388
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Outdoor Living Structures: Deck(s), Roof, Patio(s), Balcony
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RAA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 727793
  • Tax Annual Amount: 10159.00
  • Assessor Parcel Number: 40-00-37692-005 & 40-00-37760-009
  • Tax Lot: 042
  • Tax Year: 2017
  • Close Date: 01/18/2018

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Nov 30, 2017
Sold by
Hunt Trust
Bought by
Gladmill Blue Llc
Seller's Agent
Michael Wallacavage
James A Cochrane Inc
Buyer's Agent
Nicole Antonelli
BHHS Fox & Roach-Haverford
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$1,088,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,500
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Hunt Evans Trend
Bought by
Evans T Hunt Living Tr and Hunt Evans Trend
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
Gladmill Blue Llc $520,000 --
Evans T Hunt Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gladmill Blue Llc $693,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $520,000 -5.5% $131 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $550,000 0.0% $139 / Sq Ft
07/30/2015 07/30/15 Rented $1,950 0.0% --
07/30/2015 07/30/15 Under Contract -- -- --
07/10/2015 07/10/15 For Rent $1,950 +6.8% --
08/26/2013 08/26/13 Rented $1,825 -3.9% --
08/26/2013 08/26/13 Under Contract -- -- --
07/21/2013 07/21/13 For Rent $1,900 -- --
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 $11,749 $281,310 $185,230 $96,080
2024 $11,749 $281,310 $185,230 $96,080
2023 $11,259 $281,310 $185,230 $96,080
2022 $11,050 $281,310 $185,230 $96,080
2021 $10,798 $281,310 $185,230 $96,080
2020 $10,534 $281,310 $185,230 $96,080
2019 $10,348 $281,310 $185,230 $96,080
2018 $10,349 $281,310 $185,230 $96,080
2017 $9,968 $281,310 $185,230 $96,080
2016 $9,859 $281,310 $185,230 $96,080
2015 $9,193 $281,310 $185,230 $96,080
2014 $9,193 $281,310 $185,230 $96,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003294035

Bright MLS

APN: 40-00-37692-005