15 days on rocket

40 Old Lancaster Rd Unit 605, Merion Station, PA, 19066

$500,000

Home List Price

$5,938*

Closing Credit

2 Bedrooms
2 Full Baths
1,238 SqFt
$404/SqFt
Condo
Schools Nearby

Location

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40 Old Lancaster Rd Unit 605, Lower Merion Township$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1948
HeatingBaseboard
CoolingWall Unit(s)
MLS #PAMC2103528
StatusActive
(ACTIVE)

About 40 Old Lancaster Rd Unit 605

Visit our website for full photo gallery. Located just off City Ave in Merion Station, unit #605 at Latch's Lane Condominiums is a modern, 1,238 sqft, top-level residence offering 2 beds, 2 full baths, in-unit laundry, picturesque views, and placement in the sought-after Lower Merion School District. The building's amenities include a gym, social room, a pool, ample outdoor parking, and optional garage parking. On the meticulously kept grounds that surround the building, you'll find the pool and space to lounge or dine al fresco. Inside the unit, you're welcomed by a foyer with a coat closet. Modern floors stretch into the dining room, where there's plenty of space to entertain. The newly updated kitchen is fitted with white shaker-style cabinetry, quartz counters, new stainless steel appliances, and a distinctive tile backsplash. There's also a pantry with extra storage space, a second entry that makes unloading groceries easy, and a built-in desk that faces mesmerizing tree-top views. Off the foyer, the open and airy living room allows for a flexible layout with space to hang out and work from home. Three tall windows showcase more stunning views, with the Philadelphia skyline and Fireworks on the 4th of July on display. A hall leads to the two bright, spacious bedrooms with large closets. The primary bedroom has an attached full bathroom and a laundry closet, while a second, renovated bathroom sits off the hall. All 4 wall air conditioners are less than 1 year old. Latch's Lane Condominiums' fantastic location is close to idyllic parks, top-rated restaurants, and popular shopping centers, including Suburban Square. Trader Joe's, Whole Foods, and Target are less than 10 minutes away. The Barnes Arboredum, the library, and multiple places of worship are within walking distance. There's also easy access to public transportation, St. Joseph's University, Lankenau Medical Center, Lancaster Ave, and I-76. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,238 SqFt

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: Sean M. Elstone

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • 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: From Lancaster Ave, Turn onto Old Lancaster Ave. The building is on the right

Municipality:

  • Lower Merion Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $404/SqFt
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Housing Market Comparison

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

Med. Sold Price

$746.5K

Med. Price/SqFt

$302

Avg. Days On Market

12

# of Sold Homes

43

40 Old Lancaster Rd Unit 605 vs Lower Merion Township

15 DAYS ON ROCKET

+3 Days

$500,000

-$246.5K Less

$404/SqFt

+$102 More

KEY TAKEAWAY

This property is $246.5K less than the Median Sold Price and $102/SqFt more 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: #PAMC2103528

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: Sean M. Elstone

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: 5/23/2024, 2:03:43 AM 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.

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$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-493831
8
/10
  • Merion Elementary School

  • 549 S Bowman Ave

  • 0.92 miles

  • Public District Grades KG-5

Middle School

school-card-donut-493832
6
/10
  • Bala Cynwyd Middle School

  • 510 Bryn Mawr Ave

  • 1.00 miles

  • Public District Grades 6-8

High School

school-card-donut-493833
9
/10
  • Lower Merion High School

  • 315 E Montgomery Ave

  • 2.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,591. Most Lower Merion Township, PA residents have annual incomes between $100k-200k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Old Lancaster Rd Unit 605

What is the listing price of this property?

The listing price of 40 Old Lancaster Rd Unit 605 property is $500,000.

What type of property is this?

The property 40 Old Lancaster Rd Unit 605 is a condo located in Merion Station, Pennsylvania, 19066.

Is this property for sale now?

Active Listing: 40 Old Lancaster Rd Unit 605 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Old Lancaster Rd Unit 605 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 605 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 Old Lancaster Rd Unit 605 is 1,238 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Old Lancaster Rd Unit 605 is 1948.

Rocket Homes›Pennsylvania›Montgomery County›Lower Merion Township›19066›40 Old Lancaster Rd Unit 605

This home is located at 40 Old Lancaster Rd Unit 605 in Merion Station, PA and zip code 19066 in the Merion Station neighborhood. This 1,238 square foot home was built in 1948. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $500,000.

Over 28 listings were sold over their listed price in April 2024 in Lower Merion Township, PA. In the same period over 12 listings were sold below the listed price and 3 listings were sold for the listed price. In April 2024 in Lower Merion Township, PA there were 15.7% more homes for sale than in March 2024. While the average time on the market in April 2024 was 12 days, the median list price was $746,583.

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

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