Lower Merion and Narberth's Home Sale Transactions Under One Million for August 2013

66 Marywatersford Rd. listed for $425,000. Settled for $385,000.

For the most part, modestly-priced, family-sized homes in Lower Merion flew off the shelves this year. One exception was this 3-bed/2.5-bath, split-level single on Marywatersford Rd. near the Belmont Hills Swim Club. While lacking in recent upgrades, the home was move-in ready, featuring attached garage and a quarter-acre of property. It hit the market in early May at $425,000, about equal to its 2010 sales price of $420k. While other LM School District homes of similar ilk found buyers in days or weeks, I was surprised to see this comfortable contemporary continue to be overlooked, even as the list price dipped to $399,000. By mid-July, value-minded buyers emerged and the home settled in August for $385,000.  
We think it was one of the better deals of the month, with the rest of August sales listed below:


Lower Merion and Narberth's Home Sale Transactions Under One Million for August 2013

Street Address	Town	Sold For	Beds	Baths	Sq/Ft.	Ask Price
143 Walnut Ave	Ardmore	$90,000	2	1	1,064	$94,000
212 Greenfield Ter	Ardmore	$120,000	3	1	1,032	$125,000
222 Edgemont Ave	Ardmore	$192,500	5	1.1	1,845	$199,900
309 E County Line	Ardmore	$255,000	5	1	1586	$279,000
145 Sutton Rd	Ardmore	$300,000	3	1	1,550	$349,000
23 W Spring Ave	Ardmore	$310,000	4	1.1	1,972	$309,000
140 Sutton Rd	Ardmore	$343,000	3	1.1	1,608	$360,000
128 Rockland Ave	Bala Cynwyd	$230,000	3	1	1,394	$249,900
66 Marywatersford	Bala Cynwyd	$385,000	3	2.1	2,269	$399,000
202 Conshohock St Rd	Bala Cynwyd	$512,500	5	3.1	2,525	$525,000
31 N Highland Ave	Bala Cynwyd	$547,000	4	3.1	2,447	$569,000
410 Kent Rd	Bala Cynwyd	$587,500	5	3.1	2,781	$592,500
127 Righters Ferry	Bala Cynwyd	$612,000	4	2.2	3,342	$639,000
49 Penarth Rd	Bala Cynwyd	$626,000	5	3.1	3,011	$669,000
38 Llanberris Rd	Bala Cynwyd	$774,000	4	3.1	2,901	$774,000
333 Llandrillo Rd	Bala Cynwyd	$957,500	5	3.1	4,098	$995,000
1060 Floyd Ter	Bryn Mawr	$165,000	3	1.1	996	$179,900
718 W Railroad Ave	Bryn Mawr	$173,000	3	1	1,058	$179,900
860 Summit Grove	Bryn Mawr	$312,000	4	1.1	1,312	$319,000
301 Baintree Rd	Bryn Mawr	$599,900	4	3	2,528	$599,900
119 Kennedy Ln	Bryn Mawr	$650,000	4	2.2	2,918	$675,000
1611 Winston Rd	Gladwyne	$570,000	4	2.1	2,590	$579,000
1607 Mount Vernon	Gladwyne	$635,000	5	4	4,200	$699,000
123 Winchester Rd	Merion Station	$265,000	3	1	1,248	$268,000
133 Winchester Rd	Merion Station	$295,000	3	1	1,280	$295,000
357 Meadow Ln	Merion Station	$700,000	5	3.2	3,078	$699,000
18 Sabine Ave	Narberth	$294,500	3	1.1	1,512	$315,000
416 Anthwyn Rd	Narberth	$625,000	4	2.1	2,387	$625,000
1275 Bobarn Dr	Narberth	$630,000	4	2.2	2,858	$665,000
6 Narbrook Park	Narberth	$740,000	4	2.1	2,700	$749,900
1217 N Woodbine Ave	Penn Valley	$420,000	4	2.1	2,284	$430,000
527 Sprague Rd	Penn Valley	$495,000	4	2.2	3,009	$499,900
1101 E Tower Ln E	Penn Valley	$915,000	4	3.3	4,512	$959,900
2062 Matson Cir	Villanova	$300,000	3	2.1	1,191	$299,900
250 Broughton Ln	Villanova	$560,000	3	2	1,894	$599,000
1438 W Wynnewood	Wynnewood	$320,000	3	2.1	1,461	$329,900
519 Glen Arbor Dr	Wynnewood	$404,250	4	3	2,022	$422,000
24 Allendale Rd	Wynnewood	$470,000	3	2.2	3,000	$475,000
413 Wister Rd	Wynnewood	$490,000	3	3.1	2,564	$525,000
341 Wister Rd	Wynnewood	$545,000	4	3.1	2,961	$559,000
901 Nicholson Rd	Wynnewood	$600,000	3	2.1	2,100	$625,000
1023 Cedargrove Rd	Wynnewood	$680,000	4	3.2	2,816	$675,000
1111 Berwind Rd	Wynnewood	$697,000	5	3.1	3,820	$719,000
18 Meredith Rd	Wynnewood	$700,000	5	3.1	3,065	$735,000
501 Foxglove Ln	Wynnewood	$765,000	4	2.1	2,602	$765,000
217 Gypsy Ln	Wynnewood	$905,850	4	4.1	3,484	$942,500