See Home Value
$2,433,701*
House - Off Market

418 GATCOMBE

BRYN MAWR, PA 19010
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5000 Sqft
$2,025,000 - $2,475,000
Reference Base Price*
8.16%
Since Feb 1, 2022
National-US
Primary Model
Sold Mar 07, 2022
$2,100,000
$1,680,000 by Morgan Stanley Private Bank Na
Mortgage Due Mar 01, 2052

About This Property

This Walter Durham-designed residence in the private Pembroke Estates enclave is an absolute gem, with a floor plan and scale that is timeless and so livable, with details that are elegant yet not overdone. Add inviting, sun-filled interiors, an all-new main suite bath and dressing room and many other recent updates, and 418 Gatcombe is a top choice among Main Line homes now on the market. Its broad, front veranda is welcoming and large enough to accommodate al fresco entertaining. Inside, the foyer is designed to showcase perhaps a stunning piece of wall art instead of the staircase, which is located to the left. A step-down formal living room features fantastic natural light, a fireplace, lovely millwork and built-ins and access to a patio that overlooks the pool. At the other side of the foyer, the formal dining room is similarly finished and has a big bay window. A study with fireplace and a wealth of built-ins is a hideaway between the formal rooms. Hardwood floors run throughout the first floor. A beautifully designed sun-filled kitchen with island is loaded with extras: two stainless steel farmhouse sinks, pantry storage, Viking and Kitchen-Aid appliances, a butler's pantry, tile backsplash and views of the step-down family room. This space, with a vaulted ceiling, skylights and a fireplace, is perfect for casual living. There is also garage and parking area access from here, easy for everyday comings-and-goings. Private quarters upstairs provide privacy for the main suite, where an all-new bath with soaking tub, oversized walk-in shower, double vanity and dressing room with built-ins and organizers awaits. The sleeping quarters are yet another, sizable light-filled space. Hardwood floors run throughout the second floor. Three additional en suite bedrooms are all good-sized spaces; two have new baths with tub/showers and one has a stall shower. There is also a laundry room and a rear staircase to the kitchen area. As a bonus, the walkout lower level is finished to serve as a full suite with a living area with fireplace and access to the rear yard, a full bath (great for those using the pool) and a bedroom. This level also includes a wine room with space to add a chiller and a second laundry room as well as utility space. The pool area is privately situated from the house and integrates organically into the setting. Enjoy a mix of manageable formal gardens, rolling lawn and mature trees at this well-located, tastefully updated Main Line classic that is but a few minutes' drive to the best private schools, shops, restaurants, the Bryn Mawr Film Institute, and the Saturday Farmer's Market. In addition to mere moments to local trains into CC and New York.

The manager has listed the unit size as 5000 square feet.
Unit Size
5,000Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$450
Property Type
House
Property Taxes
$2,393
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Mar 7, 2022 Sold $2,100,000
Sold
Jan 22, 2022 No longer available -
No longer available
Jan 4, 2022 In contract -
In contract
Oct 22, 2021 Price Decreased $2,250,000
↓ $145K (6.1%)
Price Decreased
Oct 14, 2021 Listed $2,395,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Garage Square Area: 360
  • Parking Space Count: 2
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 69,914
  • Lot Size Frontage Feet: 2,150
  • Total Building Area: 3,701
  • Gross Building Area: 3,701
  • Building Area: 3,701
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,701
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.605
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 9C-40

Ownership

  • Current Owner : LSP VENTURES LLC
  • Previous Owner : SCOTT MILLER HENRY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lower Merion School District
  • School Tax School District: LOWER MERION
  • Census Tract: 205100

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 40-009C
  • District: 40
  • Parcel: 40-00-19092-00-2
  • Block: 9C
  • Lot: 40
  • Municipality: LOWER MERION TOWNSHIP
  • Latitude: 40.0292
  • Longitude: -75.3036

    Address

  • Full Address: 418 Gatcombe Ln
  • Address - House Number: 418
  • Address - Street Name: Gatcombe
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Bryn Mawr
  • Carrier Code: C008
  • 4-Digit Zip Code: 3630
  • Zip Code: 19010

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $30,753
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 2,313,838
  • High Value: 2,511,788
  • Low Value: 2,115,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,680,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $1,680,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $736,390
  • Market Land Value: $431,690
  • Market Improvement Value: $304,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $736,390
  • Assessed Land Value: $431,690
  • Assessed Improvements Value: $304,700

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11886037907
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 27348

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $1,680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
-
$1,600,000 May 20, 2022
$1,600,000 Mar 17, 2023
-
House
6 Beds
6 Baths
-
$2,255,000 Jan 22, 2023
$2,255,000 Mar 6, 2023
-
In Contract
House
5 Beds
6 Baths
-
$1,825,000 Aug 2, 2022
-
-
House
6 Beds
5 Baths
-
$2,299,000 Nov 11, 2022
-
-
House
6 Beds
5 Baths
-
$2,550,000 Mar 5, 2023
-
-

About Bryn Mawr


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Frequently Asked Questions

When was property at 418 Gatcombe Lane built and last sold?
The property at 418 Gatcombe Lane was built in 1938 and last sold on Jan 31, 2022 for $2,100,000.
How much is this home worth?
The estimated value of the home located at 418 Gatcombe Lane is $2,272,500.
What are some comparable homes to 418 Gatcombe Lane?
There are currently no comparable homes to 418 Gatcombe Lane.

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