8 months on rocket

62 Prospect Ave, Bryn Mawr, PA, 19010

$530,000

Home List Price

$6,294*

Closing Credit

0 Baths
3,788 SqFt
$140/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

62 Prospect Ave, Lower Merion Township$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingAsphalt Driveway, Driveway, On Street
Year Built1910
HeatingHot Water
CoolingCentral Air
BasementYes
ViewPark
MLS #PAMC2081162
Lot Size0.10 Acres
StatusActive
(ACTIVE)

About 62 Prospect Ave

SEE COMMERCIAL LISTING.........62 Prospect AVE. MLS#2072634 Located in the heart of Bryn Mawr, a quiet one way street, a block from the hospital and next door to an adorable park, 1 block from the shops and restaurants of downtown, this location cannot be beat! Attention INVESTORS with a vision for wealth and income, (what investor doesn't want that!), already has a 3 bedroom apartment and MDR1 zoning. Current use as funeral home will not be permitted by Seller, however property has non conforming use so check, you may be able to have a veterinary clinic, or other business uses. Could it be a gym or yoga studio? Men and women powder rooms, open area. Two driveways with off street parking and on street parking makes it versatile than most, a fenced yard and a "ramp" for handicap accessibility.......a 3 bedroom existing apartment ready to be rented and produce income. OR, do you want to create your own single family residence? What a great opportunity for immediate income from the apartment and time to create the additional use for interesting and lucrative opportunities as a rental property. Check for property address as a commercial listing too. Priced to sell AS IS, no other priced like this in popular, desirable, prestigious BRYN MAWR !

Property Details

Property Features

Property Information:

  • Architectural Style: Dwelling w/Separate Living Area
  • Year Built: 1910
  • Living Area: 3,788 SqFt

Listing Office:

  • Office Name: RE/MAX Main Line-West Chester
  • Office Phone: (610) 692-2228
  • Listing Agent: Arleen Pecone

Interior Features

Interior Information:

  • Appliances: Self Cleaning Oven, Refrigerator
  • Basement: Yes

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: Exterior Lighting, Other

Parking Information:

  • Parking: Asphalt Driveway, Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Harriton High School, Public District Grades 9-12
  • Welsh Valley Middle School, Public District Grades 6-8
  • Gladwyne Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: going east from the center of Bryn Mawr on Lancaster Ave. Turn right on one way Prospect, close to end of the block on the right.

Municipality:

  • Lower Merion Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $9,539
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lower Merion Township, PA.

Map thumbnail provided by MapBox

Lower Merion Township, PA

City

Med. Sold Price

$728K

Med. Price/SqFt

$297

Avg. Days On Market

39

# of Sold Homes

49

62 Prospect Ave vs Lower Merion Township

253 DAYS ON ROCKET

+214 Days

$530,000

-$198K Less

$140/SqFt

-$157 Less

KEY TAKEAWAY

This property is $198K less than the Median Sold Price and $157/SqFt less than other homes in Lower Merion Township, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAMC2081162

Listing Office:

  • Office Name: RE/MAX Main Line-West Chester
  • Office Phone: (610) 692-2228
  • Listing Agent: Arleen Pecone

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,539$248,510
2020$9,306$248,510
2019$9,141$248,510
2018$8,974$248,510
2017$8,806$248,510

History based on county public records data.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2031743
8
/10

  • Gladwyne Elementary School

  • 230 Righters Mill Rd

  • 2.55 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2031744
7
/10

  • Welsh Valley Middle School

  • 325 Tower Ln

  • 3.70 miles

  • Public District Grades 6-8

High School

school-card-donut-2031745
9
/10

  • Harriton High School

  • 600 N Ithan Ave

  • 1.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,388. The majority of Lower Merion Township, PA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Delaware County›Lower Merion Township›19010›62 Prospect Ave

This home is located at 62 Prospect Ave in Bryn Mawr, PA and zip code 19010 in the Bryn Mawr neighborhood. This 3,788 square foot home, which was built in 1910, sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 18, 2023 and is currently priced at $530,000.

While more than 17 listings in Lower Merion Township, PA in March 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 25 were sold below. In March 2024 in Lower Merion Township, PA there were 3.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $728,000, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources