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

Gingerbread House in Wayne and Family Home Prices Paid during Dec. and Jan. in Radnor/Haverford Twps.

Click for full details on this featured sale.

This character-laden, late 19th century home saw its fabulous walk to Wayne location, miles of exterior charm, and pastoral half-acre lot more than compensate for no central air and a pedestrian kitchen and baths. It was originally listed for $900,000, rethought and reduced after two weeks to $850,000, and under contract the following week for its $810,000 sale price. Located at 406 Woodland Ave., it was one of about 60 family dwellings that settled in Haverford and Radnor Twps. during Dec. and Jan. with a sub 6-digit list price.

December and January's Homes Sold in Haverford & Radnor Twps, Under One Million

Street Address	Town	Sold For	Beds	Baths	Sq Ft	DOM	List For
763 Humphreys Rd	Ardmore	$140,000	3	1	1,182	49	$159,900
807 Clifford Ave	Ardmore	$197,000	4	1	1,405	62	$225,000
2116 Haverford Rd	Ardmore	$335,000	4	3.1	2,478	82	$328,000
2128 Haverford Rd	Ardmore	$352,500	4	2.1	2,052	18	$365,000
2404 Olcott Ave	Ardmore	$395,000	3	2	1,446	5	$395,000
707 Loraine St	Ardmore	$430,000	4	2.2	2,460	76	$449,900
36 Cedarbrook Rd	Ardmore	$650,000	4	3.2	3,000	172	$675,000
46 Golfview Rd	Ardmore	$665,000	5	4	3,000	3	$675,000
173 Shawnee Rd	Ardmore	$675,000	5	4.1	3,116	25	$689,900
52 Golfview Rd	Ardmore	$710,000	4	3.1	2,675	142	$750,000
114B Garrett Ave	Bryn Mawr	$285,000	3	1.1	1,300	200	$299,900
109 Fairfax Rd	Bryn Mawr	$378,000	3	2	1,858	9	$384,900
117 Cumberland Pl	Bryn Mawr	$395,000	4	2.1	2,544	12	$409,900
108 Petrie Ave	Bryn Mawr	$415,000	4	2.1	1,616	164	$445,000
325 Rockingham Rd	Bryn Mawr	$475,000	4	2.1	2,350	41	$485,000
25 Braxton Rd	Bryn Mawr	$475,000	4	2.1	1,845	4	$485,000
627 Walnut Ln	Haverford	$220,500	3	1.1	1,656	8	$199,900
101 Quaker Ln	Haverford	$415,000	5	3.2	4,480	134	$396,000
11 W Turnbull Ave	Havertown	$137,000	3	1.1	1,504	13	$159,900
328 E Township Line	Havertown	$146,900	3	1.1	982	588	$154,999
1400 Parkside Dr	Havertown	$176,000	3	2.1	1,736	26	$224,900
807 E Darby Rd	Havertown	$177,375	5	3	2,647	68	$185,000
309 Olympic Ave	Havertown	$180,000	5	2.1	3,256	1	$185,000
212 Pickwick Rd	Havertown	$181,000	3	1.1	1,300	8	$174,900
201 Juniper Rd	Havertown	$183,000	3	2.1	1,348	53	$183,000
515 Woodland Dr	Havertown	$185,000	3	1.1	1,020	137	$198,500
59 Upland Rd	Havertown	$185,000	3	1.2	1,184	12	$199,900
308 Earlington Rd	Havertown	$190,000	3	1.1	1,292	121	$199,900
629 Willowbrook Rd	Havertown	$195,000	3	1.1	1,212	93	$200,000
609 Furlong Ave	Havertown	$215,000	3	2.1	1,516	52	$229,000
115 Harding Ave	Havertown	$220,000	3	1.1	1,555	80	$224,900
308 Oxford Rd	Havertown	$220,750	3	2	1,410	16	$229,000
29 Myrtle Ave	Havertown	$221,000	3	1.1	1,518	35	$224,900
23 W Marthart Ave	Havertown	$225,000	3	1.1	1,344	51	$225,000
201 N Manoa Rd	Havertown	$229,900	3	2	2,174	176	$229,900
688 Washington Ave	Havertown	$230,000	3	1.1	1,572	120	$244,900
2419 Wynnefield Dr	Havertown	$236,000	3	1.2	1,768	24	$239,900
20 W Clearfield Rd	Havertown	$239,900	2	1.1	1,160	3	$239,900
23 Sunnyhill Ln	Havertown	$240,000	3	1	1,400	3	$239,900
606 Country Club Ln	Havertown	$243,000	4	1.2	1,536	31	$249,900
Street Address	Town	Sold For	Beds	Baths	Sq Ft	DOM	List For
155 Wyndmoor Rd	Havertown	$250,000	3	1.1	1,530	30	$250,000
637 Country Club Ln	Havertown	$258,500	4	1.1	1,392	28	$259,900
113 Rockland Rd	Havertown	$263,000	3	1.1	1,176	15	$272,750
409 E Manoa Rd	Havertown	$268,000	3	1.1	1,712	145	$269,900
211 Strathmore Rd	Havertown	$269,000	4	2	1,560	133	$279,000
130 Gilmore Rd	Havertown	$269,000	5	1.3	1,789	6	$259,900
222 Wickford Rd	Havertown	$291,000	3	1.1	1,292	26	$299,999
431 Hastings Ave	Havertown	$298,000	3	2.1	1,477	37	$319,000
647 Lawson Ave	Havertown	$303,000	3	2	1,693	30	$299,900
45 James Dr	Havertown	$304,000	3	1.2	1,747	29	$310,000
105 Woodbine Rd	Havertown	$305,000	4	2.1	1,896	73	$329,900
115 Harvard Rd	Havertown	$319,000	4	4	1,930	82	$325,000
402 Avondale Rd	Havertown	$320,000	4	2.2	2,072	8	$328,000
811 E Darby Rd	Havertown	$325,000	4	1.1	2,596	129	$325,000
37 Sycamore Rd	Havertown	$335,000	4	2.1	1,958	58	$334,000
14 E Langhorne Ave	Havertown	$338,000	4	2	2,010	50	$349,900
1814 Melrose Ave	Havertown	$340,000	3	1.2	2,150	4	$340,000
309 David Dr	Havertown	$350,000	4	2.1	2,328	404	$369,900
25 E Benedict Ave	Havertown	$360,000	4	2.1	1,970	62	$369,000
730 Homestead Ave	Havertown	$360,000	3	2.1	1,456	5	$350,000
724 Ashurst Rd	Havertown	$365,000	3	2	1,362	10	$375,000
18 Michael Rd	Havertown	$375,000	3	2.1	1,610	55	$379,900
1806 Lynnewood Dr	Havertown	$375,000	4	2.1	1,951	36	$385,000
228 Hastings Ave	Havertown	$375,000	4	2.1	2,094	14	$385,000
14 Barbara Ln	Havertown	$382,000	4	2.1	2,276	8	$385,000
1 N Morgan Ave	Havertown	$409,000	4	3.1	2,606	93	$409,000
605 Florence Ave	Havertown	$453,000	4	2.1	2,407	60	$455,000
809 Meadowbrook	Radnor	$624,000	4	2.1	2,730	51	$649,000
127 Browning Ln	Rosemont	$745,000	4	3.1	3,005	127	$749,900
317 Hilldale Rd	Villanova	$465,000	3	2.1	2,259	167	$499,000
108 Conestoga Rd	Wayne	$214,000	3	1	1,459	79	$224,000
362 Morris Rd	Wayne	$382,450	4	2	1,579	10	$389,900
608 Kirsch Ave	Wayne	$385,000	3	1.1	1,502	5	$390,000
221 Gulph Creek Rd	Wayne	$455,000	4	3	2,373	211	$497,500
405 Maplewood Ave	Wayne	$482,500	4	3.1	3,062	84	$499,995
70 Oakford Rd	Wayne	$545,000	4	2.1	2,227	135	$549,000
711 Woodcrest Cir	Wayne	$625,000	4	3	2,912	46	$625,000
401 N Wayne Ave	Wayne	$720,000	3	2	2,200	33	$749,000
311 N Wayne Ave	Wayne	$799,000	3	2.1	2,341	64	$799,000
406 Woodland Ave	Wayne	$810,000	5	2.1	2,401	21	$850,000
705 Powder Mill Ln	Wynnewood	$410,000	3	1.1	1,983	17	$405,000
322 Farwood Rd	Wynnewood	$415,000	5	3.1	2,448	82	$429,000

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