NOT LISTED FOR SALE

1 Teakwood Terrace Norristown, PA 19403

Estimated Value: $639,000 - $686,885

4 Beds
2.5 Baths
2,826 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $525,000 $186 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,154/month

14 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Marble Flooring
  • Woodland Elementary School Rated A
  • Traditional Floor Plan
  • Backs to Trees or Woods

About This Home

As of January 2021

Extremely well maintained 4-bedroom 2.5 bath colonial in Lower Providence Township in the very desirable Methacton School District! This property has been updated significantly throughout including a large living room with Italian marble flooring, formal dining area with ceramic tile flooring, chandelier, chair rails & crown molding. The spectacular kitchen features granite counters updated custom cabinets, ceramic tile flooring with built-ins & wine rack. The adjacent family room has a gorgeous marble gas fireplace, ceramic tile flooring & built-ins with slider access to a covered flagstone patio for outdoor entertaining! The master bedroom features hardwood flooring and master bath with Callacata Marble wall and flooring with a steam shower installed in 2012. There are 3 oversized additional bedrooms all with hardwood flooring. The hall full bath flooring and half tub are Italian green marble! The finished basement features a 2nd kitchen with 3/4" terracotta flooring, gas stove, sink, granite counters, cabinets & dishwasher. The lower level also has a wine cellar with sink and walk up bilco doors. Want more? How about a flagstone 36 & 13 covered patio which has a warm & inviting feel, a natural extension to your indoor living space. The patio leads to a covered, 16 X 14 outdoor brick oven dining area with terracotta roof, porcelain tile flooring, sink, counters, cabinets, storage and a large brick oven for cooking pizza & holiday turkeys. Wait. There's more. NEW ROOF 2016. NEW HVAC 2018. 1st floor laundry, 2 car garage, huge driveway for additional parking, beautiful landscaping, privacy fencing, very low real estate taxes and award-winning school district. The bathroom, kitchen & flooring upgrades with marble, granite & tile are worth over $100,000 alone! A great home & neighborhood to raise your family with easy access to shopping & major roads for commuting anywhere in Eastern Pa including Ridge, Pike, Germantown Pike, RT 422, RT 476, Schuylkill expressway and the PA Turnpike. When you see this home, you will quickly realize it has been maintained with loving care for many years, and will be a perfect fit for your family for years to come.

Last Agent to Sell the Property

Michael Choplin

RE/MAX Services Listed on: 11/06/2020

RE/MAX Services

Last Buyer's Agent

Lori Anne Rehrig

Keller Williams Real Estate-Blue Bell License #RS274368

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1971

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 101.00 x 0.00
  • Cul-De-Sac
  • Southwest Facing Home
  • Wood Fence
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Marble Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Flood Lights

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Storage Shed
  • Playground
  • Wrap Around Porch

Schools

  • Woodland Elementary School
  • Arcola Middle School
  • Methacton High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 43-00-14398-508

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer, dryer, basement refrigerator & window treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-11-06
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Extremely well maintained 4-bedroom 2.5 bath colonial in Lower Providence Township in the very desirable Methacton School District! This property has been updated significantly throughout including a large living room with Italian marble flooring, formal dining area with ceramic tile flooring, chandelier, chair rails & crown molding. The spectacular kitchen features granite counters updated custom cabinets, ceramic tile flooring with built-ins & wine rack. The adjacent family room has a gorgeous marble gas fireplace, ceramic tile flooring & built-ins with slider access to a covered flagstone patio for outdoor entertaining! The master bedroom features hardwood flooring and master bath with Callacata Marble wall and flooring with a steam shower installed in 2012. There are 3 oversized additional bedrooms all with hardwood flooring. The hall full bath flooring and half tub are Italian green marble! The finished basement features a 2nd kitchen with 3/4" terracotta flooring, gas stove, sink, granite counters, cabinets & dishwasher. The lower level also has a wine cellar with sink and walk up bilco doors. Want more? How about a flagstone 36 & 13 covered patio which has a warm & inviting feel, a natural extension to your indoor living space. The patio leads to a covered, 16 X 14 outdoor brick oven dining area with terracotta roof, porcelain tile flooring, sink, counters, cabinets, storage and a large brick oven for cooking pizza & holiday turkeys. Wait. There's more. NEW ROOF 2016. NEW HVAC 2018. 1st floor laundry, 2 car garage, huge driveway for additional parking, beautiful landscaping, privacy fencing, very low real estate taxes and award-winning school district. The bathroom, kitchen & flooring upgrades with marble, granite & tile are worth over $100,000 alone! A great home & neighborhood to raise your family with easy access to shopping & major roads for commuting anywhere in Eastern Pa including Ridge, Pike, Germantown Pike, RT 422, RT 476, Schuylkill expressway and the PA Turnpike. When you see this home, you will quickly realize it has been maintained with loving care for many years, and will be a perfect fit for your family for years to come.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Extra Refrigerator/Freezer, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Oven/Range - Gas, Washer, Water Heater
  • Flooring Type: Carpet, Marble, Tile/Brick, Stone
  • Interior Amenities: 2nd Kitchen, Built-Ins, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Primary Bath(s), Upgraded Countertops, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Energy Efficient
  • Fireplace Features: Marble, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Improved, Outside Entrance, Walkout Stairs
  • Basement Finished Percent: 75.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 2826
  • Living Area Sq Ft: 2826
  • Price Per Sq Ft: 229.75
  • Above Grade Finished Sq Ft: 2346
  • Below Grade Finished Sq Ft: 480
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Storage Barn/Shed
  • Construction Materials: Stucco, Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Play Area, Secure Storage
  • Roof: Shingle, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: METHACTON
  • Elementary School: WOODLAND
  • Middle School: ARCOLA
  • High School: METHACTON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397031
  • School District Source: Listing Agent
  • Elementary School: WOODLAND
  • High School: METHACTON
  • Middle Or Junior School: ARCOLA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Wood
  • Land Use Code: 1101
  • Lot Features: Backs To Trees, Corner, Cul-De-Sac, Landscaping, Rear Yard, Sideyard(s), Front Yard
  • Lot Size Acres: 0.38
  • Lot Dimensions: 101.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16521.00
  • Outdoor Living Structures: Patio(s), Porch(es), Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R2
  • Zoning Description: Residential

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 753868
  • School Tax: 5538.00
  • Tax Annual Amount: 6521.00
  • Assessor Parcel Number: 43-00-14398-508
  • Tax Lot: 013
  • Tax Total Finished Sq Ft: 2346
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/21/2021

MLS Schools

  • School District Name: METHACTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 21, 2021
Sold by
Addesso Michael and Addesso Concetta
Bought by
Hun Sokha and Hun Mano
Seller's Agent
Michael Choplin
RE/MAX Services
Buyer's Agent
Lori Anne Rehrig
Keller Williams Real Estate-Blue Bell
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%
Current Estimated Value
$651,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,732
Avg. Annual Appreciation
4.71%
Original Mortgage
$420,000
Outstanding Balance
$379,308
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$268,544

Purchase Details

Closed on
Jun 15, 1988
Bought by
Addesso Michael and Addesso Concetta
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hun Sokha $525,000 None Available
Addesso Michael $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hun Sokha $420,000
Previous Owner Addesso Concetta $200,000
Previous Owner Addesso Michael $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $525,000 -2.6% $186 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $539,000 -- $191 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,230 $177,240 $55,070 $122,170
2023 $6,955 $177,240 $55,070 $122,170
2022 $6,764 $177,240 $55,070 $122,170
2021 $6,590 $177,240 $55,070 $122,170
2020 $6,436 $177,240 $55,070 $122,170
2019 $6,377 $177,240 $55,070 $122,170
2018 $6,377 $177,240 $55,070 $122,170
2017 $6,089 $177,240 $55,070 $122,170
2016 $6,020 $177,240 $55,070 $122,170
2015 $5,786 $177,240 $55,070 $122,170
2014 $5,786 $177,240 $55,070 $122,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC669380

Bright MLS

APN: 43-00-14398-508