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.

Sunday, May 27, 2012

May 2012 Homes Sold In Lower Merion School District from $1 to $1million

25 S. Church at $290,00 is one of some 50 homes on list below.
Once this stuccoed 1700+ sf, 5bed/2bath single (sans AC) at the corner of Church and Argyle Roads near downtown Ardmore/LMSD hit $325,000,  I must have showed it perhaps a dozen times. On the plus side, the kitchen was very nicely updated with breakfast bar and open, airy design. Home also had nice space, fine hardwoods, and a short walk to everything Lower Merion and Ardmore. But there were quite a few objections, which is why it slid from an inital Aug 2011 offer-price of $365,000 to its last list of $299k. Home was somewhat oddly located on a corner that prevented easy access. Primary parking was in a back alley and not plentiful and no powerder room on first floor or much room to add one. Beyond the nicely updated kitchen, rest of home was habitable but very pedestrian and ready for updating. Still at a final sale price of $290,000, this well-located single with decent bones typifies the accessibility of Lower Merion homes in the current housing market.


Street Address Town Beds Baths Sq Ft. Orig Price Sold For
156 Saint Pauls Rd Ardmore 3 1 1034 $215,000.00 $205,000.00
51 Wellington Rd Ardmore 3 1.1 1332 $299,900.00 $274,000.00
25 S Church Rd Ardmore 5 2.1 1716 $299,900.00 $290,000.00
20 Chatham Rd Ardmore 3 1.1 1348 $324,900.00 $317,500.00
221 Argyle Rd Ardmore 5 2 2219 $475,000.00 $465,000.00
25 Jefferson St BalaCynwyd 3 2 1168 $257,000.00 $238,000.00
314 Pembroke Rd BalaCynwyd 5 1.1 2081 $389,900.00 $360,000.00
716 Harvard Rd BalaCynwyd 4 2.1 2380 $435,000.00 $400,000.00
228 Ebenezer Ave BalaCynwyd 5 3 3100 $479,900.00 $460,000.00
361 Bala Ave BalaCynwyd 5 2.1 2657 $549,000.00 $521,000.00
822 Morris Ave Bryn Mawr 4 3.1 2969 $639,000.00 $615,000.00
808 Edwin Ln Bryn Mawr 5 4.2 4671 $749,000.00 $740,000.00
907 GreatSprings Bryn Mawr 4 3.1 3927 $875,000.00 $850,000.00
512 Hoffman Dr Bryn Mawr 5 4.1 4210 $999,500.00 $955,000.00
1635 Briar Hill Rd Gladwyne 4 2.1 2796 $425,000.00 $375,000.00
1134 Maplecrest Gladwyne 4 1.1 1820 $499,000.00 $445,000.00
906 Black Rock Gladwyne 4 3.1 2620 $610,000.00 $560,000.00
1600 Sweetbriar Gladwyne 4 3.1 3000 $649,000.00 $601,150.00
1201 ClubHouse Gladwyne 4 3 4261 $799,000.00 $760,000.00
1214 Limberlost Ln Gladwyne 4 3.1 4505 $899,000.00 $850,000.00
533 Old Buck Ln Haverford 6 2.1 2441 $259,900.00 $230,000.00
145 Little Ln Haverford 5 3.1 3163 $699,000.00 $615,000.00
701 Beacom Ln Merion 5 2 2462 $364,900.00 $352,000.00
315 MeetingHouse Merion 3 2.1 1740 $449,900.00 $449,990.00
505 Baird Rd Merion 6 3.1 2756 $549,000.00 $525,000.00
555 Lafayette Rd Merion 4 2.2 2624 $569,000.00 $550,000.00
355 Merion Rd Merion 5 3.1 3325 $619,000.00 $600,000.00
630 Revere Rd Merion 5 2.1 3140 $722,000.00 $660,000.00
319 Berkley Rd Merion 6 3.1 3868 $799,000.00 $780,000.00
511 Homewood Narberth 3 1 1152 $240,000.00 $230,000.00
325 Hampden Ave Narberth 3 1 1204 $235,000.00 $230,000.00
407 Dudley Ave Narberth 3 1 1212 $300,000.00 $286,000.00
19 Hansen Ct Narberth 3 3.1 2680 $419,900.00 $410,000.00
105 Foxhall Ln Narberth 3 2.1 2336 $549,000.00 $501,625.00
613 Conshohocken Narberth 4 3.1 3482 $649,000.00 $600,000.00
1107 Hollow Rd Penn Valley 4 4.1 4254 $499,000.00 $420,000.00
736 Woodfield Rd Villanova 3 2 1566 $295,000.00 $295,000.00
216 Harrogate Rd Wynnewood 3 1.1 1499 $239,000.00 $215,000.00
29 Rolling Rd Wynnewood 3 2 1784 $282,000.00 $270,450.00
1269 Montgomery Wynnewood 3 2.1 1470 $384,000.00 $370,000.00
255 Tomkenn Rd Wynnewood 4 2.1 2768 $449,900.00 $475,000.00
1356 Overbrook Wynnewood 3 2.1 2107 $499,000.00 $489,000.00
321 Old Gulph Rd Wynnewood 6 4.1 5715 $599,000.00 $500,000.00
323 Wister Rd Wynnewood 5 3.1 2650 $599,000.00 $585,000.00
426 Cotswold Ln Wynnewood 4 3.1 2272 $639,000.00 $622,000.00
422 Parkview Dr Wynnewood 3 2.1 2297 $635,000.00 $635,000.00
416 Mayflower Ln Wynnewood 4 3.1 2572 $659,000.00 $645,000.00
507 Owen Rd Wynnewood 6 3.1 2687 $699,000.00 $650,000.00
908 Honeysuckle Wynnewood 4 3.1 3147 $699,000.00 $680,000.00
1331 Grenox Rd Wynnewood 4 2.1 2706 $699,000.00 $680,000.00
472 Warick Rd Wynnewood 5 4.2 3865 $719,000.00 $719,000.00