NOT LISTED FOR SALE

114 Cornerstone Dr Newtown Square, PA 19073

Estimated Value: $636,000 - $690,000

2 Beds
2.5 Baths
2,063 Sq Ft
$658/mo HOA Fee

Last Sold June 24, 2021

Last sale price $550,000 $267 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,773/month

100 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Culbertson Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of June 2021

This Ethan Model property has two-bedroom, two and a half baths, and a wine cellar. It is in pristine condition. It also features a totally private wooded view. The entry foyer opens to a living room which has lots of natural light, a gas fireplace and is equipped with a state of the art entertainment center (refer to option list for more detail). The floors feature solid Brazilian Cherry hardwood (not engineered flooring) and crown molding throughout the living room and dining room. The owner has the only wine cellar built in the complex @ a cost of $31,000.00. It is complete with a Wisperkook cooling unit and insulation. French doors to a corner terrace provide a lovely view of the grounds. This view is one of the best in the community. It is so peaceful and serene. If you love to cook, look no longer for your dream kitchen. This kitchen is complete with a Viking stove/oven, two additional convection Viking ovens, and a Viking exhaust hood that properly exhausts to the outside. This kitchen has abundant cabinetry, storage, workspace, stainless steel appliances, granite counters, custom glass back-splash and a breakfast bar for casual dining. The laundry room is located within the unit. This unit also has two master bedrooms with adjoining bathrooms. The closets are large with built-in storage. It also comes with a garage space and a private storage room with a freezer. This unit has been completely repainted, hardwood floors refinished and the bedrooms have new carpeting. Their is nothing to do, this property is in absolute move-in condition. Community amenities include clubhouse, tennis, fitness center, steam room, outdoor pool, billiards and a courtyard with a barbeque area. Terrazza is located conveniently less than a mile to the Newtown Town Center which has restaurants, Whole Foods Market, Hilton Garden Inn and numerous shops. Bryn Mawr is a short drive away and the airport is 15 minutes away via I-95. The HOA fee includes all recreational amenities and the clubhouse is available for private events accommodating up to 100 guests. There is a one-time capital contribution of $2000 and a $500 move-in fee. There is a special assessment of $229 a month with 33 months remaining. included in the HOA fee. Document is on Bright that detail HOA fees.

Last Agent to Sell the Property

RITA TAYLOR

(610) 457-4957 sunandfun56@aol.com Long & Foster Real Estate, Inc. License #RS146345A Listed on: 01/27/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brian Kane

(610) 639-4679 briankane1@aol.com RE/MAX Preferred - Newtown Square License #AB047402L

RE/MAX Preferred - Newtown Square

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,553

Year Built

  • Built in 2008

Lot Details

  • 2,047

HOA Fees

  • $658 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Basement Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Masonry

Interior Spaces

  • 2,063 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Gas Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Culbertson Elementary School
  • Paxon Hollow Middle School
  • Marple Newtown High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Halls are 48 inches wide or more
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 015-100
  • Assessor Parcel Number 30-00-01721-73

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, management, parking fee, reserve funds, snow removal, trash, water
  • Terrazza Community Assoc. HOA, Phone Number (215) 732-2221
  • Low-Rise Condominium
  • Terrazza Newtown Sqr Subdivision, Ethan Floorplan
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,553

Year Built

Built in 2008

Lot Details

0

HOA Fees

$658 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 48"+ Halls
  • Ownership: Condominium
  • Exclusions: Wine tasting table
  • Historic: No
  • Home Warranty: No
  • Inclusions: Viking stove and oven, Viking dishwasher, 2 additional Viking Convection ovens, Audio visual upgrade with 37 inch flatscreen, 2 wall speakers Subwoofer, Amplifier and DVD, washer, dryer refrigerator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Built-Ins, Carpet, Floor Plan - Open, Combination Dining/Living, Pantry
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Storage Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2063
  • Living Area Sq Ft: 2063
  • Price Per Sq Ft: 288.37
  • Above Grade Finished Sq Ft: 2063
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Basement Garage, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 658.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor, Exercise Room, Fitness Center, Club House
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Reserve Funds, Snow Removal, Trash, Water
  • HOA Name: TERRAZZA COMMUNITY ASSOC.
  • HOA Phone: 215-732-2221
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CULBERTSON
  • High School: MARPLE NEWTOWN
  • Middle Or Junior School: PAXON HOLLOW

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 400320.00
  • Land Assessed Value: 88880.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-10

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5592113
  • School Tax: 6217.00
  • Tax Annual Amount: 8553.00
  • Assessor Parcel Number: 30-00-01721-73
  • Tax Lot: 015-100
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jun 11, 2021
Sold by
Cohen Rachel
Bought by
Dougherty John Joseph
Seller's Agent
RITA TAYLOR
Long & Foster Real Estate, Inc.
Buyer's Agent
Brian Kane
RE/MAX Preferred - Newtown Square
List Price
$594,900
Sold Price
$550,000
Premium/Discount to List
-$44,900
-7.55%
Current Estimated Value
$655,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,442
Avg. Annual Appreciation
4.01%
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dougherty John Joseph $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dougherty John Joseph $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $550,000 -7.5% $267 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $594,900 -- $288 / 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 $8,141 $489,200 $88,880 $400,320
2024 $8,141 $489,200 $88,880 $400,320
2023 $7,884 $489,200 $88,880 $400,320
2022 $7,712 $489,200 $88,880 $400,320
2021 $11,790 $489,200 $88,880 $400,320
2020 $9,053 $330,041 $99,030 $231,011
2019 $8,910 $330,041 $99,030 $231,011
2018 $8,812 $330,041 $0 $0
2017 $8,783 $330,041 $0 $0
2016 $1,811 $330,041 $0 $0
2015 $1,848 $330,041 $0 $0
2014 $1,848 $330,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE538408

Bright MLS

APN: 30-00-01721-73