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| Winter-time home shoppers got nice price for this Ardmore single |
The transaction numbers we see below generally reflect the out-of -prime-season deals that were negotiated back in December, January, early February, which are now being reported and settling in March. Downside of home-shopping in these months is that there is very little on the market and uprooting in late spring or summer is logistically not practical for the masses. But the upside is the opportunity to strike deals for homes like 225 Linwood Ave.(4beds/2.5 baths). This 2,300! square foot single in Ardmore was in need of some updating, especially the kitchen, but the home was obviously very well cared for and loved by its child-rearing owners of about a decade. Spacious for the price and move-in ready, this classic brick colonial featured two large garages very capable of producing $500 in monthly rental income and which would reduce inclusive mortgage payment to about the same or better than your average nearby 2-bedroom apartment. Factoring in credits for closing costs, the net price paid for the home was only $293,000. Due to the intense competition we're seeing now in the spring market, this home would likely fetch 10% more in price. Again, quality homes are Very Hard to find in the winter months, but when they come on there is opportunity for those ready to move.
Lower Merion Home Transactions for March 2013, Listed for less than One Million Dollars
| Sold For | Street Address | Town | Beds | Baths | Sq Ft | Orig List |
| $225,000 | 232 Simpson Rd | Ardmore | 3 | 2.1 | 1,481 | $228,000 |
| $246,500 | 147 Simpson Rd | Ardmore | 3 | 1.1 | 1,600 | $249,900 |
| $305,000 | 225 Linwood Ave | Ardmore | 4 | 2.1 | 2,324 | $309,000 |
| $315,000 | 35 Chatham Rd | Ardmore | 3 | 1 | 1,332 | $324,900 |
| $364,500 | 1420 W Wynnewood | Ardmore | 3 | 2.1 | 1,658 | $395,000 |
| $380,799 | 63 Llanfair Cir | Ardmore | 4 | 3.1 | 2,726 | $375,000 |
| $655,000 | 103 Linwood Ave | Ardmore | 7 | 3.1 | 4,012 | $650,000 |
| $238,500 | 22 Bryn Mawr Ave | Bala Cynwyd | 5 | 3.1 | 2,746 | $299,000 |
| $312,000 | 707 Conshohocken | Bala Cynwyd | 4 | 2 | 1,598 | $349,000 |
| $315,000 | 725 Stradone Rd | Bala Cynwyd | 4 | 3 | 2,075 | $305,000 |
| $365,000 | 711 Oxford Rd | Bala Cynwyd | 4 | 2.1 | 2,246 | $375,000 |
| $390,000 | 127 Bryn Mawr Ave | Bala Cynwyd | 5 | 2.1 | 2,273 | $390,000 |
| $397,000 | 142 Upland Ter | Bala Cynwyd | 5 | 2 | 2,030 | $399,900 |
| $420,000 | 171 School St | Bala Cynwyd | 5 | 3.2 | 3,100 | $445,000 |
| $455,000 | 1112 Sandringham | Bala Cynwyd | 4 | 2.1 | 3,268 | $479,000 |
| $500,000 | 49 Cornell Rd | Bala Cynwyd | 5 | 2.2 | 3,314 | $549,000 |
| $115,000 | 1050 Markee Ter | Bryn Mawr | 2 | 1 | 996 | $150,000 |
| $300,000 | 30 Thomas Ave | Bryn Mawr | 4 | 2 | 1,600 | $295,000 |
| $539,000 | 115 Pennsylvania Ave | Bryn Mawr | 4 | 3 | 2,518 | $539,000 |
| $965,000 | 549 Hoffman Dr | Bryn Mawr | 4 | 2.1 | 3,695 | $995,000 |
| $910,000 | 1635 Briar Hill Rd | Gladwyne | 4 | 3.1 | 3,100 | $895,000 |
| $420,000 | 407 Berkley Rd | Haverford | 4 | 2.1 | 2,000 | $419,900 |
| $450,000 | 404 Richard Knoll | Haverford | 3 | 1.1 | 1,529 | $499,000 |
| $822,450 | 222 Booth Ln | Haverford | 4 | 3.1 | 3,124 | $844,900 |
| $240,000 | 251 Stoneway Ln | Merion Station | 3 | 2.1 | 1,584 | $260,000 |
| $270,000 | 118 Rockland Rd | Merion Station | 3 | 1 | 1,248 | $289,900 |
| $290,000 | 501 Kenilworth Rd | Merion Station | 3 | 1 | 1,356 | $300,000 |
| $449,500 | 514 Baird Rd | Merion Station | 4 | 2.1 | 2,176 | $449,500 |
| $214,750 | 326 Iona Ave | Narberth | 2 | 1.1 | 984 | $224,900 |
| $236,000 | 220 Hampden Ave | Narberth | 3 | 1 | 1,212 | $249,000 |
| $280,000 | 325 Meeting House | Narberth | 3 | 1.1 | 1,200 | $299,900 |
| $320,000 | 2 Schiller Ave | Narberth | 2 | 2 | 1,221 | $320,000 |
| $440,000 | 1 Woodside Ave | Narberth | 5 | 2 | 2,739 | $437,500 |
| $529,750 | 1130 Hillcrest Rd | Narberth | 4 | 2.1 | 3,321 | $529,750 |
| $700,000 | 430 Gilpin Rd | Penn Valley | 5 | 4 | 3,409 | $739,000 |
| $227,500 | 149 Rock Glen Rd | Wynnewood | 3 | 1.2 | 1,549 | $249,900 |
| $260,000 | 1404 Surrey Ln | Wynnewood | 4 | 1.1 | 1,790 | $250,000 |
| $290,000 | 1501 City Ave | Wynnewood | 3 | 2.2 | 1,780 | $300,000 |
| $310,000 | 254 Harrogate Rd | Wynnewood | 3 | 1.2 | 1,625 | $315,000 |
| $320,000 | 1403 Remington Rd | Wynnewood | 3 | 1.1 | 1,745 | $339,900 |
| $370,000 | 606 Latham Dr | Wynnewood | 3 | 2 | 1,408 | $389,900 |
| $475,000 | 418 Redleaf Rd | Wynnewood | 3 | 2 | 2,038 | $499,000 |
| $507,000 | 908 Clover Hill Rd | Wynnewood | 3 | 2.1 | 2,425 | $525,000 |
| $530,000 | 412 Wynmere Rd | Wynnewood | 4 | 2.1 | 2,199 | $565,000 |
