NOT LISTED FOR SALE

816 Margo Ln Penn Valley, PA 19072

Estimated Value: $1,364,000 - $1,698,000

5 Beds
3.5 Baths
4,358 Sq Ft
$351/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $690,000 $158 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $9,674/month

29 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Fireplaces
  • Eat-In Kitchen
  • Penn Valley School Rated A+
  • No HOA
  • Patio

About This Home

As of January 2015

This magnificent home, conveniently located in a family friendly neighborhood of Penn Valley, is beautifully appointed throughout. A marble floored Entry Foyer welcomes guests & opens onto the spacious Family Room, with vaulted ceiling, second floor balcony overlook & generous windows on two exposures. The Living Room features hardwood flooring & fireplace with stone surround and opens to the Dining Room, which overlooks the large covered Terrace. With granite countertops and stainless appliances, the gourmet Kitchen is highlighted by a peninsula counter, furniture style cabinetry & tiled backsplash. The adjacent Breakfast Area has knotty pine wainscoting. A Recreation/Bonus Room is highlighted by a coffered ceiling, fireplace with brick surround and Bar with refrigerator & wine cooler. The Master Bedroom Suite with private Bath occupies the first floor together with two additional Bedrooms plus another full Bathroom. Two additional Bedroom and Hall Bathroom complete the second floor. This home offers award-winning Lower Merion schools and easy access to Center City, King of Prussia and all major transportation routes.

Last Agent to Sell the Property

Robin Gordon

BHHS Fox & Roach-Haverford License #AB049690L Listed on: 11/28/2014

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Terry Scollin

Compass RE License #RS307675

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,321

Year Built

  • Built in 1950

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Stone Siding

Interior Spaces

  • 4,358 Sq Ft Home
  • Property has 1.5 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Penn Valley Subdivision

Listing and Financial Details

  • Tax Lot 093
  • Assessor Parcel Number 40-00-35220-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,321

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: This magnificent home, conveniently located in a family friendly neighborhood of Penn Valley, is beautifully appointed throughout. A marble floored Entry Foyer welcomes guests & opens onto the spacious Family Room, with vaulted ceiling, second floor balcony overlook & generous windows on two exposures. The Living Room features hardwood flooring & fireplace with stone surround and opens to the Dining Room, which overlooks the large covered Terrace. With granite countertops and stainless appliances, the gourmet Kitchen is highlighted by a peninsula counter, furniture style cabinetry & tiled backsplash. The adjacent Breakfast Area has knotty pine wainscoting. A Recreation/Bonus Room is highlighted by a coffered ceiling, fireplace with brick surround and Bar with refrigerator & wine cooler. The Master Bedroom Suite with private Bath occupies the first floor together with two additional Bedrooms plus another full Bathroom. Two additional Bedroom and Hall Bathroom complete the second floor. This home offers award-winning Lower Merion schools and easy access to Center City, King of Prussia and all major transportation routes.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 4358
  • Living Area Sq Ft: 4358
  • Net Sq Ft: 4358.00
  • Price Per Sq Ft: 162.92
  • Above Grade Finished Sq Ft: 4358
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 816

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, 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

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851

Lot Info

  • Land Use Code: 1101
  • Lot Features: Level
  • Lot Size Acres: 0.69
  • Lot Dimensions: 176
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29999.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 727114
  • Tax Annual Amount: 12321.00
  • Assessor Parcel Number: 40-00-35220-002
  • Tax Lot: 093
  • Tax Year: 2014
  • Close Date: 01/16/2015

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2014
Closed on
Jan 9, 2015
Sold by
Henry Todd and Henry Catherine
Bought by
Savares Richard and Murphy Melissa
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
Terry Scollin
Compass RE
List Price
$710,000
Sold Price
$690,000
Premium/Discount to List
-$20,000
-2.82%
Current Estimated Value
$1,530,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,196
Avg. Annual Appreciation
7.78%
Original Mortgage
$550,000
Interest Rate
3.81%
Mortgage Type
New Conventional
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
Savares Richard $690,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savarese Richard $548,000
Open Savarese Richard $1,426,500
Closed Savarese Richard $100,000
Closed Savarese Richard $1,426,500
Closed Savarese Richard $100,000
Closed Savares Richard $550,000
Previous Owner Henry Catherine $100,000
Previous Owner Henry Todd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $690,000 -2.8% $158 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
11/28/2014 11/28/14 For Sale $710,000 -- $163 / 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 $16,219 $388,370 $147,630 $240,740
2024 $16,219 $388,370 $147,630 $240,740
2023 $15,543 $388,370 $147,630 $240,740
2022 $15,255 $388,370 $147,630 $240,740
2021 $14,908 $388,370 $147,630 $240,740
2020 $14,544 $388,370 $147,630 $240,740
2019 $14,287 $388,370 $147,630 $240,740
2018 $14,286 $388,370 $147,630 $240,740
2017 $13,762 $388,370 $147,630 $240,740
2016 $13,610 $388,370 $147,630 $240,740
2015 $12,690 $388,370 $147,630 $240,740
2014 $12,690 $388,370 $147,630 $240,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003461915

Bright MLS

APN: 40-00-35220-002