NOT LISTED FOR SALE

1017 Madison Ln Newtown Square, PA 19073

Estimated Value: $1,529,000 - $1,901,589

6 Beds
8 Baths
7,770 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $1,700,000 $219 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,049/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Glenwood Elementary School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of July 2022

Rebuild from the foundation up. Almost totally new construction. Estimated to be completed by the end of June 2022. This is a fantastic opportunity in the popular Summerhill community. Located at the end of a cul-de-sac this is a must see rebuilt by a quality well known local builder. This home has it all. Formal LR w/FP, DR, Office, FR, Fantastic state of the art Kitchen island and breakfast area, with mud room, 2 PR's on the main level. The second level features Main BDRM, MBA, Sitting Room, 5 Additional bedrooms most with baths, the 3rd level has a large finished room perfect as an office, game room. library or what ever your needs may be. The lower level is a finished, walk up, day light basement perfect for an in law suite or guest suite with kitchenette area, cedar closet, bath, bar area, theater room, and cedar closet. This is a most see property. Do not miss this opportunity.

Last Agent to Sell the Property

Gary Mercer

LPT Realty, LLC License #RS164185L Listed on: 06/01/2022

LPT Realty, LLC

Last Buyer's Agent

Lilia Shephard

Keller Williams Main Line License #RS-0039649

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,070

Year Built

  • Built in 2002 | Remodeled in 2022

Lot Details

  • 1.01 Acre Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 5 Garage Spaces | 3 Attached and 2 Detached
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • 2 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Home Gym

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub

Finished Basement

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

Outdoor Features

  • Outbuilding

Schools

  • Glenwood Elementary School
  • Springton Lake Middle School
  • Penncrest High School

Utilities

  • Forced Air Heating and Cooling System
  • Power Generator
  • Metered Propane
  • Propane Water Heater
  • On Site Septic

Community Details

  • Association fees include common area maintenance, insurance
  • Built by Bentley
  • Summerhill Subdivision

Listing and Financial Details

  • Tax Lot 016-010
  • Assessor Parcel Number 19-00-00176-52

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,070

Year Built

Built in 2002 | Remodeled in 2022

Lot Details

0

HOA Fees

$83 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2022-06-01
  • Year Built: 2002
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Rebuild from the foundation up. Almost totally new construction. Estimated to be completed by the end of June 2022. This is a fantastic opportunity in the popular Summerhill community. Located at the end of a cul-de-sac this is a must see rebuilt by a quality well known local builder. This home has it all. Formal LR w/FP, DR, Office, FR, Fantastic state of the art Kitchen island and breakfast area, with mud room, 2 PR's on the main level. The second level features Main BDRM, MBA, Sitting Room, 5 Additional bedrooms most with baths, the 3rd level has a large finished room perfect as an office, game room. library or what ever your needs may be. The lower level is a finished, walk up, day light basement perfect for an in law suite or guest suite with kitchenette area, cedar closet, bath, bar area, theater room, and cedar closet. This is a most see property. Do not miss this opportunity.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Refrigerator, Dishwasher, Oven - Double, Built-In Range
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Butlers Pantry, Breakfast Area, Cedar Closet(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Gourmet, Kitchen - Island, Pantry, Soaking Tub, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 4
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Exercise Room, Great Room, In-Law/AuPair/Suite, Office, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Interior Access, Walkout Stairs, Improved, Full, Fully Finished, Partially Finished
  • Total Sq Ft: 7770
  • Living Area Sq Ft: 7770
  • Price Per Sq Ft: 299.30
  • Above Grade Finished Sq Ft: 5680
  • Below Grade Finished Sq Ft: 2090
  • Total Below Grade Sq Ft: 2090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1017

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Outbuilding(s)
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Generator, Circuit Breakers
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ROSE TREE MEDIA
  • Elementary School: GLENWOOD
  • Middle School: SPRINGTON LAKE
  • High School: PENNCREST
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397360
  • School District Source: 3rd Party
  • Elementary School: GLENWOOD
  • High School: PENNCREST
  • Middle Or Junior School: SPRINGTON LAKE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R-10 single family
  • Lot Size Acres: 1.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Bentley

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 467363
  • School Tax: 16823.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 19070.00
  • Assessor Parcel Number: 19-00-00176-52
  • Tax Lot: 016-010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/18/2022

MLS Schools

  • School District Name: ROSE TREE MEDIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 18, 2022
Sold by
Tillman Michaune D
Bought by
Melvin Megan E and Melvin Thomas J
Seller's Agent
Gary Mercer
LPT Realty, LLC
Buyer's Agent
Lilia Shephard
Keller Williams Main Line
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,739,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,863
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Kelleher Ann
Bought by
Tillman Michaune D and Tate Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 2002
Sold by
Edgemont Realty Assn Lp
Bought by
Kelleher Paul and Kelleher Ann
Source: Public Records

Range of Values:

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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
Melvin Megan E $1,700,000 None Listed On Document
Tillman Michaune D $875,000 None Available
Kelleher Paul $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tillman Michaune D $150,000
Previous Owner Tillman Michaune $700,000
Previous Owner Tillman Michaune D $700,000
Previous Owner Kelleher Paul $239,000
Previous Owner Kelleher Paul $806,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $1,700,000 0.0% $219 / Sq Ft
06/03/2022 06/03/22 For Sale $1,700,000 0.0% $219 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,700,000 -- $219 / 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 $20,351 $1,075,990 $185,750 $890,240
2024 $20,351 $1,075,990 $185,750 $890,240
2023 $19,619 $1,075,990 $185,750 $890,240
2022 $19,070 $1,075,990 $185,750 $890,240
2021 $32,819 $1,075,990 $185,750 $890,240
2020 $20,964 $640,710 $90,230 $550,480
2019 $20,542 $640,710 $90,230 $550,480
2018 $20,250 $640,710 $0 $0
2017 $19,737 $640,710 $0 $0
2016 $3,516 $640,710 $0 $0
2015 $3,516 $674,100 $0 $0
2014 $3,699 $674,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2026754

Bright MLS

APN: 19-00-00176-52