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516 Berkley Road

516 Berkley Road, Narberth, PA 19072
Property in Narberth
Sold Aug 21, 2018
$470,000
$372,200 by Intercontinential Capital Grp
Mortgage Due Mar 01, 2050
Sold May 26, 1992
$219,000
516 Berkley Road has been categorized by the local assessors in Narberth, PA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 516 Berkley Road has 1,816 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,286 ft and across the front of the lot is 470 ft. The area measurement of the land has been determined as 6,043 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 516 Berkley Road was last sold in Aug 15, 2018 for $470,000. According to our calculations, that's $258.81 per sqft. Prior to that sales transaction, the property was sold for $219,000 in May 26, 1992. Current property owners are expected to pay $9,409 in taxes per year. The property on 516 Berkley Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $198,340. To break that down further, the land itself was valued at $66,190. While improvements to the property were assessed at a total of $132,150. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

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

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,043
  • Lot Size Depth Feet: 1,286
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,816
  • Gross Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,816
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: H + L 47 X 126

Ownership

  • Current Owner : WANG WEI
  • Current Owner 2: ZHOU JIEZHE
  • Previous Owner : MCGETTIGAN EDWARD D
  • Previous Owner 2: GRENELL ELLEN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lower Merion School District
  • School Tax School District: LOWER MERION
  • Census Tract: 205600

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 12-029
  • District: 12
  • Parcel: 12-00-00097-00-8
  • Block: 29
  • Lot: 36
  • Municipality: NARBERTH BOROUGH
  • Latitude: 40.0111
  • Longitude: -75.2688

    Address

  • Full Address: 516 Berkley Rd
  • Address - House Number: 516
  • Address - Street Name: Berkley
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Narberth
  • Carrier Code: C008
  • 4-Digit Zip Code: 1707
  • Zip Code: 19072

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,409
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 683,204
  • High Value: 800,071
  • Low Value: 566,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,200
  • First Open Lien Mortgage Lender: INTERCONTINENTIAL CAPITAL GRP
  • First Open Lien Mortgage Recording Date: Mar 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $372,200
  • 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, 2050

    Market Valuation

  • Market Total Value: $198,340
  • Market Land Value: $66,190
  • Market Improvement Value: $132,150

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $198,340
  • Assessed Land Value: $66,190
  • Assessed Improvements Value: $132,150

    Sales

  • Current Sale Contract Date: Aug 15, 2018
  • Current Sale Recording Date: Aug 21, 2018
  • Current Sale Transaction ID: 11504030569
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018057293
  • Previous Sale Recording Date: May 26, 1992
  • Previous Sale Contract Date: May 26, 1992
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WYNDHAM CAPITAL MORTGAGE INC
  • First Mortgage Transaction Date: Aug 21, 2018
  • First Mortgage Loan Amount: $376,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 516 Berkley Road located in?
The 516 Berkley Road is a located in the neighborhood of Narberth in Narberth, Narberth.
What is the average sales price for listings in 516 Berkley Road?
The average sales price for units in 516 Berkley Road is $0 currently.

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