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248 Merion Road

248 Merion Road, Merion Station, PA 19066
Sold Jul 01, 2019
$735,000
$548,000 by Provident Funding Associates L
Mortgage Due Dec 01, 2051
Sold Nov 01, 1978
$88,000
248 Merion Road in Merion Station, PA was first built in 1922 and is 102 years old. Although, the building on the property was most recently renovated and altered in 2019. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 248 Merion Road has 3,132 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 300 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 2,350. In total, the area measurement of the land is 16,552 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. The garage is 324 sqft. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 248 Merion Road sold most recently in Jun 12, 2019 for a total of $735,000. If you work out the math, that's approximately a cost of $234.67 per sqft. Before that, the property was also sold for $88,000 in Nov 1, 1978. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,378 in taxes each year. 248 Merion Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $344,290. If we break it down further, the land itself was valued at $125,060. Improvements to the property, however, were assessed at a total of $219,230. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stone Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 300
  • Garage Type: None
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,552
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,132
  • Gross Building Area: 3,132
  • Building Area: 3,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,132
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 2E-178

Ownership

  • Current Owner : LEONARDS ROY B
  • Current Owner 2: HELM ELIZABETH M
  • Previous Owner : PRESTILEO FRANK G
  • Previous Owner 2: PRESTILEO PHYLLIS W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lower Merion School District
  • School Tax School District: LOWER MERION
  • Census Tract: 204500

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 40-002E
  • District: 40
  • Parcel: 40-00-36948-00-2
  • Block: 2E
  • Lot: 948
  • Municipality: LOWER MERION TOWNSHIP
  • Latitude: 40.0003
  • Longitude: -75.2499

    Address

  • Full Address: 248 Merion Rd
  • Address - House Number: 248
  • Address - Street Name: Merion
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Merion Station
  • Carrier Code: C001
  • 4-Digit Zip Code: 1751
  • Zip Code: 19066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,378
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 1,118,758
  • High Value: 1,307,163
  • Low Value: 930,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $344,290
  • Market Land Value: $125,060
  • Market Improvement Value: $219,230

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,290
  • Assessed Land Value: $125,060
  • Assessed Improvements Value: $219,230

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11625621398
  • Current Sale Price: $735,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019042038
  • Previous Sale Recording Date: Nov 01, 1978
  • Previous Sale Contract Date: Nov 01, 1978
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILMINGTON SAVINGS FUND SOCIET
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $588,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Merion Station



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,300 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,856 ft²
Listing by Lakshmi Thirunavu

Frequently Asked Questions

What neighborhood is 248 Merion Road located in?
The 248 Merion Road is a house located in the neighborhood of Merion Station in Merion Station, Merion Station.
What is the average sales price for listings in 248 Merion Road?
The average sales price for units in 248 Merion Road is $0 currently.

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