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Backup Offers

40 Old Lancaster Rd Unit 512, Merion Station, PA, 19066

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
2 Full Baths
1,200 SqFt
$292/SqFt
Condo
Schools Nearby

Location

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40 Old Lancaster Rd Unit 512, Lower Merion Township$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Parking Fee, Parking Lot, Parking Garage
Garage1 space
Year Built1948
HeatingRadiant
CoolingWall Unit(s)
BasementYes
ViewGarden
MLS #PAMC2102114
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 40 Old Lancaster Rd Unit 512

Welcome to 40 Old Lancaster Rd #512 a 2 bed, 2 bath condo located in the Latches Lane building in Merion Station. As you enter, you're greeted by a gracious foyer leading seamlessly into the expansive living room, dining area, and kitchen, perfect for both entertaining and everyday living. The kitchen provides ample cabinet and countertop space, making it easy for meal preparation. Retreat to the serene primary bedroom featuring a generous layout, large closet, and an attached full bathroom. An additional bright and spacious bedroom and another full bath completes the great unit. The Latch's Lane Condominiums offer an array of amenities for residents to enjoy, including a well-equipped gym, inviting social room, and a refreshing pool surrounded by meticulously landscaped grounds. For added convenience, take advantage of the ample outdoor parking or opt for secure garage parking. Enjoy the convenience of Merion Station living with proximity to parks, top-rated restaurants, and popular shopping centers and attractions, all just moments away. Don't miss your chance to make this home yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,200 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Electric Range, Microwave
  • Basement: Yes
  • Interior: Built-Ins, Primary Bath(s), Stall Shower, Tub Shower, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Exterior Lighting, Stone Retaining Walls, Street Lights, Sidewalks

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered Parking, Parking Fee, Parking Lot, Parking Garage

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Lower Merion High School, Public District Grades 9-12
  • Bala Cynwyd Middle School, Public District Grades 6-8
  • Merion Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Rt 1 to Old Lancaster Rd. Follow to Latches Lane on the left.

Municipality:

  • Lower Merion Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $292/SqFt
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Housing Market Comparison

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

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Lower Merion Township, PA

City

Med. Sold Price

$746.5K

Med. Price/SqFt

$302

Avg. Days On Market

12

# of Sold Homes

43

40 Old Lancaster Rd Unit 512 vs Lower Merion Township

14 DAYS ON ROCKET

+2 Days

$350,000

-$396.5K Less

$292/SqFt

-$10 Less

KEY TAKEAWAY

This property is $396.5K less than the Median Sold Price and $10/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: #PAMC2102114

Listing Office:

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

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: 5/28/2024, 4:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-3826157
8
/10

  • Merion Elementary School

  • 549 S Bowman Ave

  • 0.92 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3826158
6
/10

  • Bala Cynwyd Middle School

  • 510 Bryn Mawr Ave

  • 1.00 miles

  • Public District Grades 6-8

High School

school-card-donut-3826159
9
/10

  • Lower Merion High School

  • 315 E Montgomery Ave

  • 2.31 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 $121,591. The majority of Lower Merion Township, PA residents have income between $100k-200k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Old Lancaster Rd Unit 512

What is the listing price of this property?

The listing price of 40 Old Lancaster Rd Unit 512 property is $350,000.

What type of property is this?

The property 40 Old Lancaster Rd Unit 512 is a condo located in Merion Station, Pennsylvania, 19066.

Is this property for sale now?

Accepting Backup Offers: 40 Old Lancaster Rd Unit 512 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 40 Old Lancaster Rd Unit 512 are:
Merion Elementary School: GreatSchools Rating 8/10
Bala Cynwyd Middle School: GreatSchools Rating 6/10
Lower Merion High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 40 Old Lancaster Rd Unit 512 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 Old Lancaster Rd Unit 512 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Old Lancaster Rd Unit 512 is 1948.

Rocket Homes›Pennsylvania›Montgomery County›Lower Merion Township›19066›40 Old Lancaster Rd Unit 512

This home is located at 40 Old Lancaster Rd Unit 512 in Merion Station, PA and zip code 19066 in the Merion Station neighborhood. This 1,200 square foot home was built in 1948. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $350,000.

While more than 28 listings in Lower Merion Township, PA in April 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 12 were sold below. The number of listings in Lower Merion Township, PA increased by 15.7% between March 2024 and April 2024. In April 2024 median list price was $746,583 and the average listing age was 12 days.

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

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