R5Realty News and Notes

Market Snapshots and Commentary on Value and Quality of life along the former Main Line of the Pennsylvania Rail Road, up until recently called the R5 Line, and now officially known as the Paoli /Thorndale line. R5Realty runs from Center City Philadelphia through the walkable, Westward outlying Towns & Townships.

Tuesday, December 28, 2010

R5 Lower Merion Sledding Spots

Sledding in Valley Forge is much  more fun than War
It's no Killington or Vail but there are quite a few prime sledding spots in the area, most notably Valley Forge National Park. Closer to R5-country, Gladwyne Elementary School offers a nice steep incline and a very picturesque setting. Parking is easy, too, but beware - when you get to the bottom of the hill - you might hit a back-breaking final bump, just when you thought the ride was over. Nice quiet setting as well.
Shortridge Park in Wynnewood is another beautiful place for sledding. Perhaps not as steep as Gladwyne but still a fine ride and worth the trip. Parking is generally easy here as well and there's plenty of room for non-sledders to kick back and watch the show.
Lankenau Hospital is a somewhat less desirable venue as parking is a bit awkward and the ride can end up in a slushy mess if you go too far toward the creek at the bottom of the hill. Nevertheless, a good time can still be had and there's no more convenient location to the ER should things go awry.
Bryn Mawr College has slopes behind the library and by the track which I am told are good as well. Penn Wynne Park and General Wayne Park in Merion are other sanctioned sledding site in Lower Merion, as well The Willows Park in Radnor Township.
.

Thursday, December 23, 2010

Philadelphia's Dangerous Delight

It's a Saturday morning in the winter of 1981 and the Drivers Ed classroom at the CenterCity 3As school for wanna-be-wee-wheelers is deathly silent. The instructor has just switched-off the clickety-clackety 16mm projector and we teens are awash in sober quiet, with images of blood and flayed-flesh marinating our minds.
We've just witnessed  "Drink, Drive, Rationalize," featuring the brutal automotive-artery-dicing deaths of a half-dozen fictional yet similarly judgement-challenged peers.
"Do you know the most dangerous road in Philadelphia?" the instructor boomed rhetorically.
"It is Lincoln Drive and  it is a raceway of death! Do you hear me?!"
We did. And, of course, we couldnt wait to find out for ourselves as soon as we were licensed. Nearly 30 years later, the Lincoln Drive hammer and sickle brigade has yet to come calling, despite the ongoing irresistable urge to cruise its slender, tight curves at suspension-shifting speeds.
Yes it's wrong, Yes it's stupid, Yes its the closest I can get to reliving my all-time peak Farfegnugin driving-experience some 20 years ago in the Napa Valley. So here's to you Lincoln Drive, with your soaring Wissahickon/Henry Avenue Bridge and easy access to Weaver's Way Coop.
With respect to the residents who suffer the mayhem along your curbs, you are an engineering and driving delight worthy of awe and respect.

Friday, December 17, 2010

Lower Merion/ R5Realty-area Home Sales Nov-Dec

Note this chart includes only non-condominium sales from 150k-999k. Most importantly, the asking price, or 'Last Price' on the chart, indicates the home's price before selling. In many cases the original asking price started out much higher.  
For more details, comments, questions email Ted Gross: info@R5Realty.com

Street AddressBedBathLast PriceSold PriceCity/Station
805 Aubrey Ave  31$211,000 $195,000 Ardmore
2423 Avon Rd  31$239,900 $230,000 Ardmore
704 Georges Ln  32$269,900 $269,900 Ardmore
2942 Berkley Rd  31.2$305,000 $285,000 Ardmore
2945 Morris Rd  31.1$294,900 $293,000 Ardmore
144 Valley Rd  54.2$889,000 $845,000 Ardmore
1423 Wynnewood 42.1$479,000 $467,000 Ardmore 
416 E Athens Ave 83.1$529,900 $520,000 Ardmore 
783 N 25th St  31.1$385,000 $382,500 Art Museum
2538 Brown St  32$535,000 $535,000 Art Museum
168 Maple Ave  31$234,900 $235,000 Bala Cynwyd
19 Llanberris Rd  43.1$595,000 $560,000 Bala Cynwyd
188 School St 31.1$319,000 $310,000 Bala Cynwyd 
6 Snowden Rd 32$449,000 $437,500 Bala Cynwyd 
504 Cynwyd Cir 42.2$524,000 $499,500 Bala Cynwyd 
223 Hamilton Rd 64.1$500,000 $500,000 Bala Cynwyd 
108 RightersFerry  43.1$550,000 $525,000 Bala Cynwyd 
312 Llandrillo Rd 53.1$748,731 $720,000 Bala Cynwyd 
629 Old Lancaster 42.1$499,000 $495,000 Bryn Mawr
312 Thornbrook 43.2$915,000 $870,000 Bryn Mawr
1063 Floyd Ter 31$200,000 $198,000 Bryn Mawr 
845 SummitGrove  51.2$299,999 $225,000 Bryn Mawr 
49 Thomas Ave 33$385,000 $375,000 Bryn Mawr 
7 Old Oaks Rd52.1$489,900 $483,000 Bryn Mawr 
113 Pennswood 32.1$599,900 $530,000 Bryn Mawr 
1407 County Line 53$599,000 $575,000 Bryn Mawr 
126 N Roberts Rd 53.1$895,000 $895,000 Bryn Mawr 
1837 Spruce St  43.2$995,000 $905,000 Center City
1401 Monk Rd  54.1$509,850 $525,000 Gladwyne
773 Millbrook Ln  53.1$449,000 $435,000 Haverford
119 Booth Ln  32.1$839,000 $700,000 Haverford
454 Booth Cir43.1$699,000 $635,000 Haverford 
141 S Eagle Rd  31$169,900 $165,000 Havertown
140 Golf Hills Rd  43$279,900 $275,000 Havertown
217 Stoneway Ln  32.1$239,900 $230,000 Merion
510 S Narberth 53.1$565,000 $576,000 Merion
109 Winchester 31.1$284,900 $289,000 Merion 
529 Valley View  41.1$335,000 $320,000 Merion 
512 Monroe Rd 32.1$485,000 $458,500 Merion 
551 Howe Rd 42.2$719,000 $695,000 Merion 
411 Haywood Rd 54.1$849,000 $849,000 Merion 
232 Forrest Ave  42$385,000 $375,000 Narberth
310 N Essex Ave  62.1$399,500 $393,000 Narberth
104 Sabine Ave 31$265,000 $245,000 Narberth 
815 N Woodbine 64.2$891,000 $855,000 Narberth 
7320 Malvern  31.1$153,000 $153,000 Overbrook
6534 Lebanon   32$169,972 $160,000 Overbrook
852 Margo Ln 33.1$489,000 $450,000 Penn Valley
1327 HagysFord 43.1$439,900 $400,000 Penn Valley 
848 Margo Ln 42.1$459,900 $405,000 Penn Valley 
910 Centennial42.1$647,500 $580,000 Penn Valley 
1320 Bobarn Dr 55.1$890,000 $898,000 Penn Valley 
1214 Valley Rd  65.1$780,000 $735,000 Villanova
264 Willow Ave  21.1$235,000 $220,000 Wayne
257 Harrogate Rd  31.1$299,950 $302,000 Wynnewood
821 Powder Mill  31.1$339,900 $340,000 Wynnewood
608 Latham Dr  32.1$375,000 $360,000 Wynnewood
816 Dover Rd  32$389,900 $370,000 Wynnewood
360 Wister Rd  32$399,000 $399,000 Wynnewood
927 Remington Rd  32.1$519,000 $495,000 Wynnewood
1501 Manoa Rd  42.1$495,000 $495,000 Wynnewood
904 Nicholson Rd  42.1$520,000 $502,500 Wynnewood
1164 Morris Rd  32.1$575,000 $545,000 Wynnewood
1138 Morris Rd  42.2$595,000 $563,000 Wynnewood
310 Penn Rd  53.1$699,900 $675,900 Wynnewood