NOT LISTED FOR SALE

823 Summit Rd Penn Valley, PA 19072

Estimated Value: $1,647,000 - $1,960,145

5 Beds
5 Baths
5,954 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $1,115,000 $187 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $11,893/month

253 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Penn Valley School Rated A+
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

As of January 2015

A HOME FOR THE HOLIDAYS! ONE IN A MILLION! LOCATION,PRICE AND UPDATES... This stunning home has it all! Located in highly desirable Penn Valley, this 5 bedroom 3/2 bath stone colonial has the best of both worlds, classic mainline charm and all modern amenities you would expect in a luxury home. Sitting privately on .85 acres with a heated pool and elevator, this home has it all! Elegant for entertaining and comfortable for everyday living. This large and bright home includes an elegant turned staircase, top of the line cook's eat-in kitchen, granite tops and island, 5 burner gas range, double ovens, sub-zero Frig,butler's pantry, stone fireplace, large living room with fireplace, spacious gathering room with dry bar, formal dining room with french doors to a bricked patio, office with built-ins, sun-room, 2 additional patios, backstairs, 5 generous bedrooms, 3 full and 2 half baths, 2nd floor laundry room, large closets, large finished lower level with bar, generous pool area and pool house with 1/2 bath. Many architectural details such as crown moldings, french doors, built-ins and deep window sills. Zoned heating, walk up attic and much more. Most recent improvements include, maintenance-free pneumatic elevator, refinished hardwood floors throughout, and 2013 new septic system. On one of the most coveted streets in Penn Valley, with low taxes. Convenient to shopping, dining, schools and downtown.

Last Agent to Sell the Property

Mariellen Weaver

Compass RE License #L1970067 Listed on: 03/27/2014

Compass RE

Last Buyer's Agent

Selma Glanzberg

BHHS Fox & Roach-Haverford License #RS054176A

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,099

Year Built

  • Built in 1941

Lot Details

  • 0.85 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

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

Home Design

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

Interior Spaces

  • 5,954 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Accessible Home Design

  • Mobility Improvements

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Schools

  • Penn Valley Elementary School

Utilities

  • Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Programmable Thermostat
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Penn Valley Subdivision

Listing and Financial Details

  • Tax Lot 077
  • Assessor Parcel Number 40-00-60188-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,099

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Exclusions: Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood, Fully Carpeted, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Elevator, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Marble, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 5954
  • Living Area Sq Ft: 5954
  • Net Sq Ft: 5954.00
  • Price Per Sq Ft: 189.79
  • Above Grade Finished Sq Ft: 5954
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 823

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stone
  • Access To Pool: Yes
  • Exterior Features: Street Lights
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator, Zoned, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER MERION
  • Elementary School: PENN VALLEY
  • School District Key: 300200396851
  • Elementary School: PENN VALLEY

Green Features

  • Efficiency: Appliances

Lot Info

  • Land Use Code: 1101
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.85
  • Lot Dimensions: 187
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36951.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17099.00
  • Assessor Parcel Number: 40-00-60188-009
  • Tax Lot: 077
  • 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
Mar 27, 2014
Closed on
Jan 5, 2015
Sold by
Maleson Andrew C and Maleson Lindsay R
Bought by
Roth Adam S and Buccino Ruth Anastasia M
Seller's Agent
Mariellen Weaver
Compass RE
Buyer's Agent
Selma Glanzberg
BHHS Fox & Roach-Haverford
List Price
$1,130,000
Sold Price
$1,115,000
Premium/Discount to List
-$15,000
-1.33%
Current Estimated Value
$1,835,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,715
Avg. Annual Appreciation
5.95%
Original Mortgage
$892,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2013
Closed on
Aug 3, 2013
Sold by
Schutzman Daniel J and Schutzman Charlotte B
Bought by
Maleson Andrew C and Maleson Lindsay R
Seller's Agent
Gail Kardon
Compass RE
Buyer's Agent
Mariellen Weaver
Compass RE
List Price
$1,275,000
Sold Price
$1,170,000
Premium/Discount to List
-$105,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.36%
Original Mortgage
$870,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2002
Sold by
Marks James M and Marks Angela D
Bought by
Schutzman Daniel J and Schutzman Charlotte B

Purchase Details

Closed on
Jun 23, 1997
Sold by
Dittuno John F and Ditunno Patricia L
Bought by
Marks James M and Marks Angela D
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
Roth Adam S $1,115,000 None Available
Maleson Andrew C $1,170,000 None Available
Schutzman Daniel J $850,000 --
Marks James M $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Adam S $240,000
Open Roth Adam S $840,000
Closed Roth Adam $45,000
Closed Roth Adam S $892,000
Previous Owner Maleson Andrew C $870,000
Previous Owner Schutzman Daniel J $265,000
Previous Owner Schutzman Charlotte B $280,477
Previous Owner Schutzman Daniel J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $1,115,000 -1.3% $187 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $1,130,000 -3.4% $190 / Sq Ft
08/19/2013 08/19/13 Sold $1,170,000 -5.6% $197 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
05/22/2013 05/22/13 Price Changed $1,239,000 -2.8% $208 / Sq Ft
04/18/2013 04/18/13 For Sale $1,275,000 -- $214 / 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
2024 $22,679 $543,050 -- --
2023 $21,571 $538,990 $0 $0
2022 $21,171 $538,990 $0 $0
2021 $20,689 $538,990 $0 $0
2020 $20,184 $538,990 $0 $0
2019 $19,828 $538,990 $0 $0
2018 $19,827 $538,990 $0 $0
2017 $19,099 $538,990 $0 $0
2016 $18,888 $538,990 $0 $0
2015 $17,612 $538,990 $0 $0
2014 $17,612 $533,400 $154,950 $378,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003461069

Bright MLS

APN: 40-00-60188-009