See Home Value
Chester 19312
540 CONTENTION LANE
$1,259,732*
House - Off Market

540 CONTENTION LANE

BERWYN, PA 19312
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
3900 Sqft
$1,125,000 - $1,375,000
Reference Base Price*
0.78%
Since Jun 1, 2022
National-US
Primary Model
Sold May 19, 2022
$1,200,000
$750,000 by Prosperity Home Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Jun 25, 2001
$835,000
$668,000 by Washington Mutual Home Loans I
Mortgage Due Jun 01, 2031

About This Property

INTRODUCING THIS WONDERFUL COLONIAL, ON 5+ MOSTLY WOODED ACRESFor the buyer seeking a neighborhood setting with wooded privacy and very close proximity to schools, parks, shopping centers, and train stations. The Tredyffrin-Easttown school district elementary school, middle school, and high school are all less than 2 miles away, as are parks, shopping and trains.You turn into the driveway and crossover Trout Creek on your own driveway bridge which highlights the curb appeal of this property. The whole house generator ensures there is always power so no more worrying about losing power from storms or fallen trees.  The large bright foyer greets you with natural hardwood floors and streaming light throughout this nicely appointed home. The open floor plan allows you to move easily from one room to another.  From the foyer, to your right is a formal living room fully appointed with moldings and windows. This room is currently used for family fun with a pool table. To the left of the foyer is the formal dining room, located close to the kitchen for easy entertaining.  The kitchen is large with eat in, and island counter seating. The center island has a cooktop and there are double ovens for greater cooking capacity.  There is a great deal of cabinet space, and a back staircase that connects to the front staircase. The position of the kitchen and adjoining family room provide tremendous convenience and help to fully enjoy the large outdoor pool patio entertainment area. Kitchen area French doors lead outside to a gorgeous in-ground pool with a waterfall feature. The combined indoor and outdoor space create an ideal setting for large and small gatherings. The family room is next to the kitchen and it has an extra high ceiling with a ceiling fan. There is also a stone facade fireplace, seven large windows, and another family room door leading out to the pool patio. A mud room area with built-in shelves and cubbies leads to the 3-car garage. This main level floor also has two half baths and a home office.  The second floor has 4 bedrooms and 2 full baths. It features a large master suite with double vanities, a large soaker tub with water jets, two sitting areas and two walk-in closets.  Three additional large bedrooms are also located on the second floor.  Two of these bedrooms share a full bath with double vanity.  A convenient laundry area is located on the second floor as well.  The lower basement level is fully finished and carpeted offering additional play and entertaining space!  There is a large main area and two additional large rooms, all with 9-foot ceilings that do not feel like you are in a basement. The rooms can be game rooms, potentially a fifth bedroom, a playroom, a home office or gym. This lower level also has French doors that walk out to another patio area, and the third full bath that has a pedestal sink, beautiful tile flooring and an oversized shower. The outdoor space on this property is amazing!  Entertain outside most of the year with your beautiful inground pool with waterfall, large patio with pergola, a retractable awning and beautiful landscaping.  You will feel like you are on vacation surrounded by the private wooded back yard.  Very few Tredyffrin-Easttown school district properties offer such close proximity to the schools, shops, parks and trains with 5.3 low maintenance acres (about 1 acre of grass) to provide spacious privacy.  Do not delay seeing this gorgeous home in person, make your appointment.

The manager has listed the unit size as 3900 square feet.
Unit Size
3,900Ft²
Days on Market
-
Land Size
5.30 acres
Price per sqft
$321
Property Type
House
Property Taxes
$1,318
HOA Dues
-
Year Built
1997

Price History

Date / Event Date Event Price
May 19, 2022 Sold to John F Mercer, Yu Man Yueng $1,200,000
Sold to John F Mercer, Yu Man Yueng
May 3, 2022 No longer available -
No longer available
Mar 19, 2022 In contract -
In contract
Mar 11, 2022 Listed $1,250,000
Listed
Aug 27, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 768
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 230,868
  • Total Building Area: 4,668
  • Gross Building Area: 4,668
  • Building Area: 3,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,900
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CONTENTION LAN
  • Land Acres: 5.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5.3 AC DWG & POOL LOT 46

Ownership

  • Current Owner : MERCER JOHN F
  • Current Owner 2: YUENG YU MAN
  • Previous Owner : WEGER KARL T
  • Owner Before Previous Owner: MONAGHAN MICHAEL
  • Owner Before Previous Owner 2: MONAGHAN COLLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tredyffrin-Easttown School District
  • School Tax School District: TREDYFFRIN-EAST
  • Census Tract: 300104

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 24-E6
  • District: 43
  • Parcel: 4310C004402A0
  • Lot: 46
  • Municipality: TREDYFFRIN
  • Latitude: 40.0583
  • Longitude: -75.4409

    Address

  • Full Address: 540 Contention Ln
  • Address - House Number: 540
  • Address - Street Name: Contention
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Berwyn
  • Carrier Code: C018
  • 4-Digit Zip Code: 1428
  • Zip Code: 19312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,237
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.0765
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 1,252,174
  • High Value: 1,348,047
  • Low Value: 1,156,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $501,920
  • Market Land Value: $179,360
  • Market Improvement Value: $322,560

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,750
  • Assessed Land Value: $179,360
  • Assessed Improvements Value: $311,390

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11888060424
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11925224
  • Previous Sale Recording Date: Jun 25, 2001
  • Previous Sale Contract Date: May 31, 2001
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL HOME LOANS I
  • Previous Mortgage Transaction Date: Jun 25, 2001
  • Previous Mortgage Loan Amount: $668,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2031



Comparables

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

About Chester


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Frequently Asked Questions

When was property at 540 Contention Lane built and last sold?
The property at 540 Contention Lane was built in 1997 and last sold on May 11, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 540 Contention Lane is $1,255,145.
What are some comparable homes to 540 Contention Lane?
There are currently no comparable homes to 540 Contention Lane.

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