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Backup Offers

1040 Reese Ave, Bryn Mawr, PA, 19010

$474,999

Home List Price

$5,641*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,572 SqFt
$302/SqFt
Townhouse

Location

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1040 Reese Ave, Lower Merion Township$474,999

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1900
HeatingRadiant, Baseboard
CoolingWindow Unit(s)
BasementYes
MLS #PAMC2121946
Lot Size0.09 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1040 Reese Ave

Welcome to this lovely twin on the much sought after Rees Avenue in Bryn Mawr! This street is surrounded by beautiful twin homes and gardens. As you walk up to the home you are greeted by a small garden and recently redone front porch. Inside the door are beautiful hardwood floors, tons of windows that let in natural light, and tall ceilings. The open concept kitchen has a large island with abundant countertop space great for cooking and the beautiful hardwood cabinets offer a lot of storage space. The first floor also offers first floor laundry and a half bathroom! The unfinished basement is a huge unused space waiting to be finished. Out the backdoor you will find a large yard space great for relaxing, entertaining, and gardening. The 2nd floor has three spacious bedrooms, 2 rooms with beautiful hardwood floors waiting to be refinished, and a large bathroom. The third floor is waiting to be finished and can be another usable space in the home. Homes do not come up for sale often on Rees Avenue. Book your Tour Today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Stories: 3
  • Living Area: 1,572 SqFt

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: MATTHEW TALLENT

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Go to 1040 Rees Ave

Municipality:

  • Lower Merion Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $474,999
  • Price Per SqFt: $302/SqFt

Tax Information:

  • Annual Amount: $3,918
  • Tax Year: 2021
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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

$785K

Med. Price/SqFt

$310

Avg. Days On Market

16

# of Sold Homes

46

1040 Reese Ave vs Lower Merion Township

15 DAYS ON ROCKET

-1 Day

$474,999

-$310K Less

$302/SqFt

-$8 Less

KEY TAKEAWAY

This property is $310K less than the Median Sold Price and $8/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: #PAMC2121946

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: MATTHEW TALLENT

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: 11/22/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 03, 2017Home Sold
$280,000
Dec 17, 2004Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,918$102,050
2020$3,821$102,050
2019$3,754$102,050
2018$3,685$102,050
2017$3,616$102,050

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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.

Nearby Schools

school-card-donut-486107
6
/10

  • Coopertown Elementary School

  • 800 Coopertown Rd

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-486108
8
/10

  • Ithan Elementary School

  • 695 Clyde Rd

  • 2.21 miles

  • Public District Grades KG-5

school-card-donut-486109
6
/10

  • Chestnutwold Elementary School

  • 630 Loraine St

  • 2.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,388. Typical income of Lower Merion Township, PA residents is between $35k-100k annually. The most common type of family is single, no kids. 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 1040 Reese Ave

What is the listing price of this property?

The listing price of 1040 Reese Ave property is $474,999.

What type of property is this?

The property 1040 Reese Ave is a townhouse located in Bryn Mawr, Pennsylvania, 19010.

Is this property for sale now?

Accepting Backup Offers: 1040 Reese Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,918 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 3, 2017 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1040 Reese Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1040 Reese Ave is 1,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 Reese Ave is 1900.

Rocket Homes›Pennsylvania›Delaware County›Lower Merion Township›19010›1040 Reese Ave

This home is located at 1040 Reese Ave in Bryn Mawr, PA and zip code 19010 in the Bryn Mawr neighborhood. This 1,572 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $474,999.

In October 2024, from all listings sold in Lower Merion Township, PA there were more than 20 sold above asking price, over 19 sold below and more than 7 were sold right at the asked price. Between September 2024 and October 2024, Lower Merion Township, PA real estate market has seen increase in the number of listings by 2.5%. The median list price of listings available in October 2024 was $785,000, while the average time on the real estate market was 16 days.

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

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