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Listing description

138 Merion Avenue presents a rare opportunity to own a fully renovated historic Colonial in the heart of sought-after Narberth Borough. Originally constructed in 1917, this 5-bedroom, 2.5-bath home blends timeless character with the functionality and finish level of modern construction. Thoughtfully restored from top to bottom, the home offers the feel of newer construction while preserving the warmth and charm that make Narberth homes so special. A classic covered front porch creates welcoming and functional outdoor living space. Inside, newly installed hardwood floors, abundant natural light, and a clean, updated palette set the tone. The main level offers seamless flow between the living and dining areas with a fully renovated kitchen featuring Century cabinetry, a Wolf gas range, GE appliances, and quartz countertops. A convenient first-floor powder room and laundry room complete this level. One of the most significant enhancements to the property is the entirely new foundation and partially finished lower level, dramatically expanding the home’s usable living space. This new basement offers flexibility for a recreation room, gym, media room, playroom, or home office while providing the peace of mind that comes with major system upgrades. Additional improvements include a new electrical panel, updated plumbing, energy-efficient dual-zone HVAC, architectural shingle roof, James Hardie siding, updated stucco, and a new gas fireplace. The second floor features three spacious bedrooms and a fully renovated bathroom, completely rebuilt from down to the studs with all new plumbing, a brand new bathtub, tile flooring, vanity, fixtures, and finishes throughout. The third floor includes two additional spacious bedrooms and a second full bath with a walk-in shower. Outside, refreshed landscaping, new walkways, and a rear patio provide functional outdoor space. The location is exceptional—just a 7-minute, 3½-block walk to the SEPTA train and an easy stroll to Narberth’s parks, library, and Borough Hall. Narberth favorites include local dining, coffee shops, and charming storefronts including Malooga, Jeni’s Splendid Ice Cream, The Greeks, and The Great American Pub. Merion Elementary School is located just 2½ sidewalk-lined blocks away. Fully renovated homes with this combination of character, infrastructure, and walkability are uncommon in Lower Merion School District. 138 Merion Avenue offers a turnkey opportunity combining historic charm with modern living in one of the Main Line’s most vibrant borough communities—just 17 minutes from downtown Philadelphia. Move right into a home where the hard work is done and enjoy a neighborhood known for its block parties, July fireworks, Dickens Festival, and unforgettable Halloween celebrations.

Facts & features

Interior

Bedrooms
5
Bathrooms
2 full · 1 half
Living area
4,181 sq ft
Heating
Central
Cooling
Central A/C

Property & construction

Property type
Residential · Detached
Architectural style
Colonial
Year built
1917

Lot & parking

Lot size
0.09 acres (3,920 sq ft)

Financial

Price / sq ft
$332
HOA dues
None

Listing details

MLS #
PAMC2180332
County
Montgomery County
School district
Lower Merion
Days on market
44 days

Price history

DateEventPrice
May 21, 2026Listed for sale$1,390,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$1,328,699

High confidence
$1,282,820$1,395,134

Automated estimate, not an appraisal.

About this estimate

Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.

Current list price
$1,390,000
County assessment implies
$621,066
Est. property taxes at today's rates
$7,875/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
1134 MONTGOMERY AVE, NARBERTH, PA 19072August 2025$1,175,0006/23,936$1,209,800
309 WOODSIDE AVE, NARBERTH, PA 19072July 2025$1,650,0005/33,684$1,679,154
743 CLARENDON RD, PENN VALLEY, PA 19072September 2025$1,465,0005/23,838$1,534,553
1288 BOBARN DR, PENN VALLEY, PA 19072April 2026$1,370,0004/23,972$1,326,425
1201 GRENOX RD, WYNNEWOOD, PA 19096July 2025$1,210,0005/34,179$1,218,921
13 ELMWOOD AVE, NARBERTH, PA 19072June 2026$2,100,0005/44,864$1,373,864

Estimated taxes

Estimated at current rates

$9,759 / year

$813 per month

MLS shows (2025)

$9,500

+2.7% at current rates

School tax

LOWER MERION · 35.27 mills (2025-26)

$6,737

County tax

Montgomery County · 5.95 mills (2026)

$1,137

Municipal tax

As recorded for 2025 — varies by municipality

$1,884

Assessment note: this home is assessed at $191,040 — well below the ~$427,564 its asking price implies at Montgomery County's common level ratio (30.8%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $9,749/year. Worth pricing in.

Recomputed from the county assessment ($191,040, 1996 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$278,000 (20%)
6.75%

Loan term

Estimated monthly payment

$8,431/mo

Principal & interest
$7,212
Property taxes (current rates)
$813
Home insurance (est.)
$405

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.

Area statistics

School district

Lower Merion

Academic index
86.9/100
Graduation rate
97.8%
PSSA ELA proficient
82.1%

2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Montgomery Countycrime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Montgomery County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

Map for 138 MERION AVE, NARBERTH, PA 19072

© BRIGHT, All Rights Reserved

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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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 Closed or are no longer being offered for sale.

Data last updated: July 4, 2026 at 2:29 AM EDT

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