NOT LISTED FOR SALE

950 Parkes Run Ln Villanova, PA 19085

Estimated Value: $2,152,000 - $2,411,337

5 Beds
4.5 Baths
4,662 Sq Ft
$481/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $1,950,000 $418 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,721/month

Highlights

  • 24-Hour Security
  • Spa
  • Scenic Views
  • Ithan Elementary School Rated A+
  • Eat-In Gourmet Kitchen
  • 1.43 Acre Lot

About This Home

As of April 2021

This is a rare opportunity to purchase a renowned designer's own completely renovated, Prairie Modern property. It offers fresh, timeless appointments and breathtaking architectural features throughout and is set on a spectacular, flat 1.43 acre lot on one of The Main Line's most sought after streets within a quiet walking neighborhood. Stunning visuals upon entering this one- of- a kind residence include sun-filled windows, soaring ceilings on the first and second levels, a wonderful open floor plan with wide plank floors, dramatic double-sided stone fireplace enhancing the Great Room, Foyer and Dining Room spaces, fabulous Gourmet Kitchen opening up to a spacious Breakfast Room and Family Room. Two spacious Master Suites on the first and second floors with one currently being used as a large office center with its own exterior access, each with a spa level bathroom, 3 additional bedrooms with two recently renovated baths on the second level, and a recently finished lower level offering a mirrored gym, recreation/TV room and storage. Turn-key living with easy walking access to the Radnor Trail, minutes from renowned schools, downtown Wayne and Bryn Mawr, Philadelphia International Airport, Center City Philadelphia, trains and 90 minutes from NYC. A rare find! Move right in!!

Last Agent to Sell the Property

Lisa Yakulis

Kurfiss Sotheby's International Realty Listed on: 12/09/2020

Kurfiss Sotheby's International Realty

Last Buyer's Agent

Liz Simpson

Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,314

Year Built

  • Built in 1973 | Remodeled in 2012

Lot Details

  • 1.43 Acre Lot
  • Landscaped
  • Planted Vegetation
  • Private Lot
  • Premium Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • 20 Open Parking Spaces
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Midcentury Modern Architecture
  • Prairie Architecture
  • Studio
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 4,662 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • 2 Fireplaces
  • Stone Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Monitored
  • Motion Detectors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Spa
  • Deck
  • Terrace
  • Exterior Lighting

Schools

  • Radnor M Middle School
  • Radnor H High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Connected
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 36-04-02020-03

Community Details

Overview

  • No Home Owners Association
  • Rittenhouse Arbor Subdivision

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,314

Year Built

Built in 1973 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Prairie, Mid-Century Modern
  • Ownership: Fee Simple
  • Exclusions: See Agent
  • Historic: No
  • Home Warranty: No
  • Inclusions: See Agent
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1973
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: This is a rare opportunity to purchase a renowned designer's own completely renovated, Prairie Modern property. It offers fresh, timeless appointments and breathtaking architectural features throughout and is set on a spectacular, flat 1.43 acre lot on one of The Main Line's most sought after streets within a quiet walking neighborhood. Stunning visuals upon entering this one- of- a kind residence include sun-filled windows, soaring ceilings on the first and second levels, a wonderful open floor plan with wide plank floors, dramatic double-sided stone fireplace enhancing the Great Room, Foyer and Dining Room spaces, fabulous Gourmet Kitchen opening up to a spacious Breakfast Room and Family Room. Two spacious Master Suites on the first and second floors with one currently being used as a large office center with its own exterior access, each with a spa level bathroom, 3 additional bedrooms with two recently renovated baths on the second level, and a recently finished lower level offering a mirrored gym, recreation/TV room and storage. Turn-key living with easy walking access to the Radnor Trail, minutes from renowned schools, downtown Wayne and Bryn Mawr, Philadelphia International Airport, Center City Philadelphia, trains and 90 minutes from NYC. A rare find! Move right in!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dryer, Dishwasher, Energy Efficient Appliances, Oven - Self Cleaning, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Built-Ins, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Studio, Walk-In Closet(s), Wood Floors, Additional Stairway, Carpet, Entry Level Bedroom, Flat, Soaking Tub, Tub Shower, Upgraded Countertops, Wine Storage, Whirlpool/Hottub
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Foyer, Breakfast Room, Great Room, Laundry
  • Basement: Yes
  • Basement Type: Partial, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4662
  • Living Area Sq Ft: 4662
  • Price Per Sq Ft: 461.18
  • Above Grade Finished Sq Ft: 4662
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 950

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Flood Lights, Street Lights
  • Roof: Architectural Shingle
  • Spa: Yes
  • View: Garden/Lawn, Scenic Vista, Trees/Woods
  • 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
  • Open Parking Spaces Count: 20
  • Parking Features: Paved Parking, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Detection System, Monitored, Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone, Phone Connected, Sewer Available, Under Ground, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: RADNOR TOWNSHIP
  • Middle School: RADNOR M
  • High School: RADNOR H
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397358
  • School District Source: Listing Agent
  • High School: RADNOR H
  • Middle Or Junior School: RADNOR M

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 694470.00
  • Land Assessed Value: 359990.00
  • Lot Features: Backs To Trees, Cleared, Front Yard, Landscaping, Level, Open, Premium, Private, Rear Yard, Sideyard(s), Vegetation Planting
  • Lot Size Acres: 1.43
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 62290.80
  • Outdoor Living Structures: Deck(s), Terrace
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 533719
  • School Tax: 14744.00
  • Tax Annual Amount: 20314.00
  • Assessor Parcel Number: 36-04-02020-03
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/12/2021

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Apr 5, 2021
Sold by
Phillips Dennis M and Phillips Linda L
Bought by
Murray Georgia Ritz and Murray Michael John
Seller's Agent
Lisa Yakulis
Kurfiss Sotheby's International Realty
Buyer's Agent
Liz Simpson
Compass RE
List Price
$2,150,000
Sold Price
$1,950,000
Premium/Discount to List
-$200,000
-9.3%
Current Estimated Value
$2,241,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,779
Avg. Annual Appreciation
3.16%
Original Mortgage
$1,462,500
Outstanding Balance
$1,325,390
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$911,793

Purchase Details

Closed on
Apr 8, 2011
Sold by
Cohen Steven C and Cohen Lindy S
Bought by
Phillips Dennis M and Phillips Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Murray Georgia Ritz $1,950,000 None Available
Phillips Dennis M $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Georgia Ritz $1,462,500
Previous Owner Phillips Dennis $591,680
Previous Owner Phillips Dennis M $845,400
Previous Owner Phillips Dennis M $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $1,950,000 -9.3% $418 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $2,150,000 +10.3% $461 / Sq Ft
12/09/2020 12/09/20 Off Market $1,950,000 -- --
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 $21,319 $1,082,300 $359,990 $722,310
2024 $21,319 $1,054,460 $359,990 $694,470
2023 $20,474 $1,054,460 $359,990 $694,470
2022 $20,251 $1,054,460 $359,990 $694,470
2021 $32,529 $1,054,460 $359,990 $694,470
2020 $20,583 $591,680 $274,970 $316,710
2019 $20,002 $591,680 $274,970 $316,710
2018 $19,610 $591,680 $0 $0
2017 $19,199 $591,680 $0 $0
2016 $3,247 $591,680 $0 $0
2015 $3,247 $591,680 $0 $0
2014 $3,247 $591,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE536276

Bright MLS

APN: 36-04-02020-03