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.

Friday, January 31, 2014

Under Market Home Sale in Penn Valley and Lower Merion's December/January Settled Transactions


707 Schiller in Penn Valley. Below market sale needed work.
This solid brick Penn Valley cape had a very choppy layout that needed an overhaul, as did the kitchen. But the backyard and location near Gen. Wayne Park were very sweet. Although habitable as-is, it was far from comfortable and lingered on the market for many months. It finally posted sold in the dwindling hours of January 31, and was too late for the list below. Sale price for this 1600sf, TLC-needed home was $349,000 - much less than the 389k last list price, but fair given the home's  potential after extensive remodeling.


Lower Merion's December and January Homes Sold, with List Prices Less than a Million

Street Address Town Sold For Beds Baths Sq  Ft DOM Listed For
216 Park Ter Ardmore $165,000 3 1 1,178 54 $175,000
125 E Spring Ave Ardmore $165,000 3 1.1 1,056 13 $175,000
81 Holland Ave Ardmore $165,606 5 1.1 2,048 53 $175,000
207 Holland Ave Ardmore $175,000 4 1 1,498 4 $189,900
41 Chatham Rd Ardmore $315,000 3 1 1,332 42 $335,000
119 Saint Pauls Rd Ardmore $467,000 4 2 2,048 8 $474,900
208 Saint Georges  Ardmore $525,000 6 3.1 3,416 63 $599,000
11 S Wyoming Ave  Ardmore $574,997 3 2.1 2,189 69 $581,564
115 Edgewood Rd Ardmore $795,000 5 3.2 2,842 58 $890,000
206 Stoneway Ln BalaCynwyd $200,000 3 2.1 1,600 82 $219,000
156 Pencoyd Ave BalaCynwyd $230,000 2 1 1,100 56 $239,000
117 Ashland Ave BalaCynwyd $285,000 3 1.1 1,372 3 $289,999
40 Highland Ave BalaCynwyd $300,000 3 1.1 1,666 12 $315,000
75 Academy Rd BalaCynwyd $391,500 3 1.1 1,762 76 $409,900
10 Elmwood Ave BalaCynwyd $420,000 4 2 2,086 14 $425,000
69 W Princeton Rd BalaCynwyd $475,000 3 2.1 2,075 24 $499,900
33 Levering Cir BalaCynwyd $577,000 4 2.1 2,264 19 $599,900
135 Overhill Rd BalaCynwyd $635,000 4 3.1 3,069 17 $649,000
335 Trevor Ln BalaCynwyd $719,000 5 3.1 2,652 4 $719,000
1053 Markee Ter BrynMawr $149,900 3 1 1,004 49 $159,900
1038 Rees Ave BrynMawr $200,000 4 1 1,500 37 $225,000
1050 Markee Ter BrynMawr $237,500 2 1.1 1,301 28 $250,000
541 Maison Pl BrynMawr $485,000 3 3.1 1,786 16 $499,999
629 Old Gulph Rd BrynMawr $662,500 4 4.1 2,563 3 $675,000
1406 Orchard Way BrynMawr $667,000 5 3.1 3,136 143 $705,000
740 Mount Pleasant  BrynMawr $713,250 3 2.1 2,821 64 $759,000
511 Consh. St. Rd. Gladwyne $450,000 4 3 2,665 38 $499,000
31 Righters Mill Rd Gladwyne $600,000 5 5 5,781 28 $699,000
941 Merion Square  Gladwyne $886,000 4 3.1 3,338 78 $875,000
1211 Limberlost Ln Gladwyne $900,000 4 3.1 2,854 46 $925,000
530 New Gulph Rd Haverford $987,000 4 2.1 2,438 13 $999,000
422 W Levering Mill Merion $455,000 4 2.1 3,204 37 $489,500
60 Raynham Rd Merion $564,000 5 3.1 3,388 24 $589,000
413 Andrew Rd Merion $595,000 4 2.2 3,354 2 $599,000
214 Meeting House  Merion  $532,000 6 4.1 3,123 20 $549,000
265 N Bowman Ave Merion  $540,000 5 4.1 3,118 181 $575,000
325 Hamilton Rd Merion  $651,000 3 2.1 1,839 4 $629,900
538 Greystone Rd Merion  $678,000 6 3.1 5,587 391 $749,000
305 Hamilton Rd Merion  $899,000 4 3.1 3,742 4 $899,000
509 Homewood Ave Narberth $240,000 3 1.1 1,222 165 $284,900
323 Conway Ave Narberth $240,000 3 1.1 1,032 11 $240,000
303 S Narberth Ave Narberth $479,000 5 2 2,587 5 $479,000
1615 Gerson Dr Penn Valley $622,500 5 3.1 3,368 68 $630,000
605 Spruce Ln Villanova $651,000 3 2 2,193 4 $649,000
1617 W Montgomery  Villanova $928,000 6 3.1 3,614 115 $998,000
1510 Sheffield Ln Wynnewood $315,000 3 2.1 2,053 7 $299,000
1524 Powder Mill Ln Wynnewood $389,000 3 2 1,335 32 $389,000
1522 Brookhaven Rd Wynnewood $389,000 4 2 1,412 7 $379,000
39 Trent Rd Wynnewood $390,000 3 2.1 1,848 4 $384,900
1407 Remington Rd Wynnewood $412,000 3 1.1 1,536 22 $419,000
1509 Sheffield Ln Wynnewood $439,000 4 2.2 2,346 7 $429,000
2 Overbrook Pkwy Wynnewood $459,900 4 3.1 2,317 28 $459,900
931 Clover Hill Rd Wynnewood $462,500 4 3 2,032 42 $500,000
1028 Nicholson Rd Wynnewood $485,000 3 2 1,760 18 $511,900
116 Overbrook Pk Wynnewood $515,000 4 2.1 2,160 7 $529,900
422 Holly Ln Wynnewood $577,000 4 2.1 1,902 64 $622,500