NOT LISTED FOR SALE

1010 Madison Ln Newtown Square, PA 19073

Estimated Value: $1,436,000 - $1,618,000

6 Beds
6 Baths
6,246 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $1,025,000 $164 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,827/month

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Attic
  • Glenwood Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of July 2016

Here is a chance to own the best premium lot in Summerhill! This home was the sample home for the builder, located in the far back cul-de-sac with amazing views which sits up high in neighborhood. Owner has just finished renovating in 2015 with professional decorating touches, brand new finished on site hardwood floors, carpet and wall finishes just to name a few of the new upgrades! The formal house features front-to-back foyer enhanced by a stately staircase and formal study. LR, DR, PR. The informal house opens to expansive views from the easy breakfast nook & large expanded living room. Backstairs lead to family bedrooms and laundry.

Last Agent to Sell the Property

Don Dowd

Springer Realty Group License #RS312257 Listed on: 03/03/2016

Springer Realty Group

Last Buyer's Agent

Wesley Gerstenkorn

Premier Property Sales & Rentals License #RM047082A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,220

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Property is in good condition

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,246 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 6 Bathrooms

Outdoor Features

  • Patio

Schools

  • Rose Tree Elementary School
  • Springton Lake Middle School
  • Penncrest High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Hot Water Heating System
  • 200+ Amp Service
  • Propane Water Heater
  • On Site Septic

Community Details

  • Summerhill Subdivision

Listing and Financial Details

  • Tax Lot 016-008
  • Assessor Parcel Number 19-00-00176-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,220

Year Built

Built in 2002

Lot Details

0

HOA Fees

$79 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All Chandeliers, Window Treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Remarks Public: Here is a chance to own the best premium lot in Summerhill! This home was the sample home for the builder, located in the far back cul-de-sac with amazing views which sits up high in neighborhood. Owner has just finished renovating in 2015 with professional decorating touches, brand new finished on site hardwood floors, carpet and wall finishes just to name a few of the new upgrades! The formal house features front-to-back foyer enhanced by a stately staircase and formal study. LR, DR, PR. The informal house opens to expansive views from the easy breakfast nook & large expanded living room. Backstairs lead to family bedrooms and laundry.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Dining Area
  • Fireplace Features: Marble, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 6246
  • Living Area Sq Ft: 6246
  • Net Sq Ft: 6246.00
  • Price Per Sq Ft: 175.95
  • Above Grade Finished Sq Ft: 6246
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1010

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Access To Pool: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 950.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ROSE TREE MEDIA
  • Elementary School: ROSE TREE
  • Middle School: SPRINGTON LAKE
  • High School: PENNCREST
  • School District Key: 300200397360
  • Elementary School: ROSE TREE
  • High School: PENNCREST
  • Middle Or Junior School: SPRINGTON LAKE

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 467361
  • Tax Annual Amount: 16220.00
  • Assessor Parcel Number: 19-00-00176-50
  • Tax Lot: 016-008
  • Tax Year: 2016
  • Close Date: 07/15/2016

MLS Schools

  • School District Name: ROSE TREE MEDIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jul 15, 2016
Sold by
Gall Steven A and Gall Robin L
Bought by
Dhar Ishet and Raina Shivani
Seller's Agent
Don Dowd
Springer Realty Group
Buyer's Agent
Wesley Gerstenkorn
Premier Property Sales & Rentals
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%
Current Estimated Value
$1,536,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,291
Avg. Annual Appreciation
4.50%
Original Mortgage
$871,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Bought by
Gall Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,375
Interest Rate
3.68%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Forman Stephen and Forman Beverly
Bought by
Gall Steven A and Gall Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,950
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2002
Sold by
Edgemont Realty Associates Lp
Bought by
Forman Stephen and Forman Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
6.73%
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
Dhar Ishet $1,025,000 Germantown Title Company
Gall Steven -- --
Gall Steven A $803,000 None Available
Forman Stephen $749,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhar Ishet $200,000
Open Dhar Ishet $790,000
Closed Dhar Ishet $812,000
Closed Dhar Ishet $871,250
Previous Owner Gall Steven $536,375
Previous Owner Gall Steven --
Previous Owner Gall Steven A $184,000
Previous Owner Gall Steven A $521,950
Previous Owner Forman Stephen $500,000
Previous Owner Forman Stephen $524,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $1,025,000 -6.7% $164 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $1,099,000 -- $176 / 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
2025 $17,302 $914,790 $185,570 $729,220
2024 $17,302 $914,790 $185,570 $729,220
2023 $16,679 $914,790 $185,570 $729,220
2022 $16,213 $914,790 $185,570 $729,220
2021 $27,903 $914,790 $185,570 $729,220
2020 $17,550 $536,375 $90,170 $446,205
2019 $17,197 $536,375 $90,170 $446,205
2018 $16,952 $536,375 $0 $0
2017 $16,523 $536,375 $0 $0
2016 $2,944 $536,375 $0 $0
2015 $2,944 $536,375 $0 $0
2014 $3,004 $536,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003913519

Bright MLS

APN: 19-00-00176-50