See Home Value
Montgomery 19403
2576 BEAN ROAD
$3,488,904*
House - Off Market

2576 BEAN ROAD

NORRISTOWN, PA 19403
bedrooms
5 Beds
bathrooms
7 Baths, 2 Half Baths
$2,790,000 - $3,410,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 25, 2021
$2,800,000
$1,250,000 by Republic First Bank
Mortgage

About This Property

Welcome to Merrivale  - Is now the time ...?  All offers welcome - 2576 Bean Road in Worcester township in Montgomery county on 50 +/- acres!  Stately 1952 J. Bedford Wooley designed stone & cedar shake roof home and guest house sits on a secluded 26.28 acres parcel with wooded, lawn and streamside views - There are two other adjacent parcels, one with 7.65 acres and the other at 16.26 acres, that are included in the sale - 50 acres +/- total - Buy it all then sell some acreage at the far side - Build a few homes -  The main home has 5 bedrooms, three full baths and two half baths - The primary bedroom is on a first floor wing of its own and has a study / sitting room; dressing room;  a His & Her bathroom layout - There are four bedrooms and two full baths upstairs - The living room has a wood burning fireplace and pegged black walnut hardwood floors that were milled on site - Oak hardwood throughout otherwise - You have nice views and direct access to the terrace and screened in porch areas - The large bright eat in kitchen has cherry cabinets and its own fireplace with antique mantle - The cathedral room / dining room has a wood burning antique mantle fireplace; a beamed ceiling; built ins - The main floor laundry & pantry has a powder room - The main house basement level has a large game room with two big window wells; His and Hers full baths; a workshop; a potting room; utility room; well room; storage room; wine room - The basement has a level walkout to the yard, pool and greenhouse - There is  a walk up  floored attic that carries the full length of the home - You connect to the guest house thru the laundry / pantry or thru the flagstone breezeway - The guest house has a living room with fireplace; dining area; powder room; sunroom; full kitchen on the main level - Upstairs you have two bedrooms and a full bath - There is a heated basement too - The attached three car garage is heated with a full bath and utility room - There is a detached four car garage & workshop too - IMPORTANT - This property can very likely be subdivided - A small cul de sac off  Whitehall Road or off Bean Road, closer to Whitehall has been discussed, while leaving the main home and grounds intact - Also, sale of the 7 acre +/- lot considered - Please know that the main home and guest house are occupied - The home needs updating - Ready for the next new owner to bring it back to what it was .... (NOTE: There are three separate tax parcels included with the sale - Verification of all taxes is the responsibility of buyer agent & buyer)
Unit Size
-
Days on Market
-
Land Size
50.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$6,538
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold to Jonathan M Wybar $2,800,000
Sold to Jonathan M Wybar
Oct 6, 2021 No longer available -
No longer available
Sep 18, 2021 No longer available -
No longer available
Sep 18, 2021 In contract -
In contract
May 21, 2021 Price Decreased $3,100,000
↓ $400K (11.4%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,145,192
  • Lot Size Frontage Feet: 5,950
  • Total Building Area: 6,788
  • Gross Building Area: 6,788
  • Building Area: 6,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,788
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 26.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 21-2

Ownership

  • Current Owner : WYBAR JONATHAN M
  • Previous Owner : GARDNER DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Methacton School District
  • School Tax School District: METHACTON
  • Census Tract: 206801

Zoning

  • Zoning: AGR

Geography

  • Assessors Map Reference: 67-021
  • District: 67
  • Parcel: 67-00-00169-00-7
  • Block: 21
  • Lot: 2
  • Municipality: WORCESTER TOWNSHIP
  • Latitude: 40.17
  • Longitude: -75.325

    Address

  • Full Address: 2576 Bean Rd
  • Address - House Number: 2576
  • Address - Street Name: Bean
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Norristown
  • Carrier Code: R003
  • 4-Digit Zip Code: 4345
  • Zip Code: 19403

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $26,439
  • Tax Rate Code Area: 67

    Appraisal Valuation

  • Standard Deviation: 0.1351
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 84
  • Final Value: 1,902,956
  • High Value: 2,160,196
  • Low Value: 1,645,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,250,000
  • First Open Lien Mortgage Lender: REPUBLIC FIRST BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $1,250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $698,030
  • Market Land Value: $275,040
  • Market Improvement Value: $422,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $698,030
  • Assessed Land Value: $275,040
  • Assessed Improvements Value: $422,990

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11866153645
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021125731

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC FIRST BANK
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Montgomery


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Frequently Asked Questions

When was property at 2576 Bean Road built and last sold?
The property at 2576 Bean Road was built in 1952 and last sold on Sep 21, 2021 for $2,800,000.
How much is this home worth?
The estimated value of the home located at 2576 Bean Road is $3,131,000.
What are some comparable homes to 2576 Bean Road?
There are currently no comparable homes to 2576 Bean Road.

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