NOT LISTED FOR SALE

Estimated Value: $3,539,196 - $4,163,000

7 Beds
8 Baths
10,457 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $2,612,500 $250 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $26,021/month

Highlights

  • In Ground Pool
  • Commercial Range
  • Marble Flooring
  • Welsh Valley Middle School Rated A+
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of July 2012

Winner of Lower Merion's 2008 Historic Preservation Award this home recently underwent 2 major additions designed by renowned architect Peter Zimmerman & completed by custom builder EB Mahoney. Blending the feeling of yesteryear w/all of today's amenities this 7 Bedrm 6 full/2 half Bath Federal Style mansion is Main Line living at its finest. The 3-story addition includes new Fam Rm, Mud Rm, Powder Rm, huge 2nd floor Bedrm Suite & Recreation Rm & Lower Level Game Rm. A 2-story addition features a magnificent radiant heated Solarium, Master Bedrm, Sitt Rm & marble Master Bath. Renovated Gourmet Farm Kitchen w/reclaimed barn beams, custom cabinetry & reclaimed French terra cotta floor tiles. All baths have been updated, most w/radiant heat. Wide moldings, deep windowsills & intricate woodwork highlight this home's interior design. Finished Lower Level, 3rd Floor Gym w/vaulted ceiling, newer in-ground pool & spa, multi-colored slate roof, newly built 3-car Garage. Enjoy Privacy & beautiful mature grounds.

Last Agent to Sell the Property

Maggie Barson

(610) 715-3330 maggie.barson@compass.com Compass RE License #RS203567L Listed on: 10/05/2011

Compass RE

Co-Listed By

Marjie Frankel

(610) 937-1980 marjiefrankel@gmail.com Compass RE

Last Buyer's Agent

Andrea Desy Edrei

(917) 968-7848 andreasellsnyc@gmail.com SERHANT PENNSYLVANIA LLC License #RS279858

SERHANT PENNSYLVANIA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,336

Year Built

  • Built in 1917 | Remodeled in 2007

Lot Details

  • 1.56 Acre Lot
  • Level Lot
  • Open Lot
  • Flag Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Slate Roof
  • Stone Siding

Interior Spaces

  • 10,457 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • Cathedral Ceiling
  • Marble Fireplace
  • Stone Fireplace
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Commercial Range
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 8 Bathrooms

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Gladwyne Elementary School
  • Welsh Valley Middle School
  • Harriton Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 056
  • Assessor Parcel Number 40-00-05944-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,336

Year Built

Built in 1917 | Remodeled in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Agent
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1917
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Double, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stain/Lead Glass, Exposed Beams, Intercom, Dining Area
  • Fireplace Features: Marble, Stone
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 10457
  • Living Area Sq Ft: 10457
  • Net Sq Ft: 10457.00
  • Price Per Sq Ft: 301.14
  • Above Grade Finished Sq Ft: 10457
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 807

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 6.00
  • Upper Level Full Bathrooms: 6
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Access To Pool: Yes
  • Exterior Features: Lawn Sprinkler, Exterior Lighting
  • Pool Features: In Ground
  • Roof: Pitched, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Elementary School: GLADWYNE
  • Middle School: WELSH VALLEY
  • High School: HARRITON SENIOR
  • School District Key: 300200396851
  • Elementary School: GLADWYNE
  • High School: HARRITON SENIOR
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Land Use Code: 1101
  • Lot Features: Flag, Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.56
  • Lot Dimensions: 40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 67900.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 45336.00
  • Assessor Parcel Number: 40-00-05944-001
  • Tax Lot: 056
  • Tax Year: 2011
  • Close Date: 07/31/2012

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2011
Closed on
Jul 31, 2012
Sold by
Morgan Alixandra and Morgan Keith A
Bought by
Slaoui Moncef and Slaoui Kristen B
Seller's Agent
Maggie Barson
Compass RE
Buyer's Agent
Andrea Desy Edrei
SERHANT PENNSYLVANIA LLC
List Price
$3,295,000
Sold Price
$2,612,500
Premium/Discount to List
-$682,500
-20.71%
Current Estimated Value
$3,893,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,281,232
Avg. Annual Appreciation
3.24%
Original Mortgage
$600,000
Outstanding Balance
$417,128
Interest Rate
3.67%
Estimated Equity
$3,553,267

Purchase Details

Closed on
Dec 2, 2005
Sold by
Morgan Keith A and Morgan Alixandra
Bought by
Morgan Keith A and Morgan Alixandra

Purchase Details

Closed on
Aug 12, 2005
Sold by
Oakes James L and Oakes Elisabeth T
Bought by
Morgan Keith A and Morgan Alixandra

Purchase Details

Closed on
Oct 15, 2001
Sold by
Martin Iris and Leto Francis J
Bought by
Oakes James L and Oakes Elisabeth T

Purchase Details

Closed on
May 12, 1998
Sold by
Barolat Romana Roberta and Barolat Roman Giancarlo
Bought by
Martin Iris
Source: Public Records

Range of Values:

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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
Slaoui Moncef $2,612,500 None Available
Morgan Keith A -- Trident Land Transfer Co
Morgan Keith A $2,850,000 --
Oakes James L $1,785,000 Commonwealth Land Title Ins
Martin Iris $1,000,000 T A Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaoui Moncef $600,000
Previous Owner Morgan Alixandra $1,000,000
Previous Owner Oakes James L $1,000,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $2,612,500 -17.0% $250 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $3,149,000 -4.4% $301 / Sq Ft
10/05/2011 10/05/11 For Sale $3,295,000 -- $315 / 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 $63,299 $1,515,660 -- --
2024 $63,299 $1,515,660 -- --
2023 $60,659 $1,515,660 $0 $0
2022 $60,659 $1,515,660 $0 $0
2021 $58,179 $1,515,660 $0 $0
2020 $56,758 $1,515,660 $0 $0
2019 $55,756 $1,515,660 $0 $0
2018 $55,757 $1,515,660 $0 $0
2017 $53,708 $1,515,660 $0 $0
2016 $53,117 $1,515,660 $0 $0
2015 $49,525 $1,515,660 $0 $0
2014 $49,525 $1,515,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003437279

Bright MLS

APN: 40-00-05944-001