7 Somerset Ln
Malvern, PA 19355
5 bd 7 ba 6,216 sqft Built 2002 Lot 88,165 sqft single_family
Most recent sale
$1,420,000
Sep 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $1,420,000 | MLS #PACT2029258 |
| Jul 21, 2022 | Listed | $1,395,000 | MLS #PACT2029258 |
| Jun 9, 2006 | Sold | $1,250,000 | MLS #4679873 |
| Feb 22, 2006 | Listed | $1,250,000 | MLS #4679873 |
| Jan 6, 2003 | Sold | $930,000 | MLS #4097897 |
| Jul 1, 2002 | Listed | $930,000 | MLS #4097897 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $505,240 | $79,760 | $585,000 | $18,213 |
| 2024 | $505,240 | $79,760 | $585,000 | $16,942 |
| 2023 | $505,240 | $79,760 | $585,000 | $16,509 |
| 2022 | $505,240 | $79,760 | $585,000 | $16,182 |
| 2021 | $723,190 | $79,760 | $802,950 | $21,769 |
| 2020 | $723,190 | $79,760 | $802,950 | $21,414 |
| 2019 | $723,190 | $79,760 | $802,950 | $21,209 |
| 2018 | $723,190 | $79,760 | $802,950 | $20,812 |
| 2017 | $723,190 | $79,760 | $802,950 | $20,812 |
| 2016 | $723,190 | $79,760 | $802,950 | $20,004 |
| 2015 | $723,190 | $79,760 | $802,950 | $20,004 |
| 2014 | $723,190 | $79,760 | $802,950 | $19,675 |
| 2013 | $723,190 | $79,760 | $802,950 | $19,675 |
| 2012 | $723,190 | $79,760 | $802,950 | $19,516 |
| 2011 | $723,190 | $79,760 | $802,950 | $19,066 |
| 2010 | $723,190 | $79,760 | $802,950 | $18,640 |
| 2009 | $723,190 | $79,760 | $802,950 | $18,286 |
| 2008 | $723,190 | $79,760 | $802,950 | $18,045 |
Property facts
Year built
2002
Property type
single_family
Stories
3
Beds
5
Baths
7
Living area
6,216 sqft
Lot size
88,165 sqft
ZIP code
19355
City
Malvern
Street
Somerset Ln
Coordinates
40.08225, -75.56453
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,324
Gross rental yield
7.88%
Implied cap rate
5.12%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Somerset Ln last sell?
7 Somerset Ln most recently sold on Sep 1, 2022 for $1,420,000.
What is the current tax assessment for 7 Somerset Ln?
The most recent total assessment for 7 Somerset Ln (year 2026) is $585,000 with $18,213 in property tax.
How does 7 Somerset Ln's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $1,420,000.
When was 7 Somerset Ln built?
7 Somerset Ln was built in 2002.
How does 7 Somerset Ln compare to others on Somerset Ln?
We track 3 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 7 Somerset Ln?
7 Somerset Ln is a 5 bed, 7 bath, 6,216 sqft, 88,165 sqft lot single_family.
Is 7 Somerset Ln a flip candidate?
No — 7 Somerset Ln does not appear in our flips dataset.
Is 7 Somerset Ln a tax-appeal candidate?
No — 7 Somerset Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$1.01M
2026 Q4
$968.4K
ZIP 19355 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln