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79 Merbrook Lane

79 Merbrook Lane, Merion Station, PA 19066
Property in Merion Station
Sold Aug 05, 2021
$840,000
$756,000 by Guaranteed Rate Inc
Mortgage
Sold Jul 26, 1991
$265,000
79 Merbrook Lane in Merion Station, PA was first built in 1920 and is 104 years old. 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 2 full bathrooms. There are 3 partial bathrooms. 79 Merbrook Lane has 2,671 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 108 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 1,690. In total, the area measurement of the land is 11,000 square feet.

Learn more about the property and building on this page. There is a unknown and 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 506 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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, 79 Merbrook Lane sold most recently in Jul 7, 2021 for a total of $840,000. If you work out the math, that's approximately a cost of $314.49 per sqft. Before that, the property was also sold for $265,000 in Jul 26, 1991. 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 $11,894 in taxes each year. 79 Merbrook Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $284,800. If we break it down further, the land itself was valued at $104,970. Improvements to the property, however, were assessed at a total of $179,830. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 108
  • Garage Type: None
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,000
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,671
  • Gross Building Area: 2,671
  • Building Area: 2,671
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,671
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 1E-48

Ownership

  • Current Owner : RUBIN JONATHAN
  • Current Owner 2: SHIROKOVA ALEXANDRA
  • Previous Owner : IVORY PHILIP G
  • Previous Owner 2: IVORY KAREN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 40-001E
  • District: 40
  • Parcel: 40-00-36476-00-6
  • Block: 1E
  • Lot: 476
  • Municipality: LOWER MERION TOWNSHIP
  • Latitude: 39.9928
  • Longitude: -75.2516

    Address

  • Full Address: 79 Merbrook Ln
  • Address - House Number: 79
  • Address - Street Name: Merbrook
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Merion Station
  • Carrier Code: C007
  • 4-Digit Zip Code: 1617
  • Zip Code: 19066

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,894
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 957,019
  • High Value: 1,121,761
  • Low Value: 792,276

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $856,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $756,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: CITADEL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 27, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 25, 2047

    Market Valuation

  • Market Total Value: $284,800
  • Market Land Value: $104,970
  • Market Improvement Value: $179,830

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $284,800
  • Assessed Land Value: $104,970
  • Assessed Improvements Value: $179,830

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11855358240
  • Current Sale Price: $840,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021092253
  • Previous Sale Recording Date: Jul 26, 1991
  • Previous Sale Contract Date: Jul 26, 1991
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $756,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Merion Station



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Frequently Asked Questions

What neighborhood is 79 Merbrook Lane located in?
The 79 Merbrook Lane is a located in the neighborhood of Merion Station in Merion Station, Merion Station.
What is the average sales price for listings in 79 Merbrook Lane?
The average sales price for units in 79 Merbrook Lane is $0 currently.

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