NOT LISTED FOR SALE

Estimated Value: $459,000 - $603,000

2 Beds
1.5 Baths
1,334 Sq Ft
$554/mo HOA Fee

Last Sold July 06, 2022

Last sale price $485,000 $364 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,883/month

2 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Culbertson Elementary School Rated A
  • Community Pool
  • Parking Storage or Cabinetry

About This Home

As of July 2022

First Floor unit. Granite countertops, stainless steel appliances. Everything on one floor and easy access. The home is clean and ready for your move-in. The large dining room offers plenty of space to entertain family & friends. The large living room has a fireplace for those quiet relaxing cool nights. The primary bed room features a large walk- in closet and en-suite bath with large vanity, large soaking tub and oversized stall shower. Assigned parking and storage space in basement garage. This one won't last long. Offers will be considered as they come in and will be responded to at owner's discretion. Terrazza is very conveniently located near to all the shops and restaurants in Newtown Square including Whole Foods, the Acme market, Gentile's, Luigi and Giovanni's and Hill's Seafood. It is also conveniently located near major routes 3, 252,and 476. Come and enjoy the relaxed lifestyle of this unique community with its exquisite landscaping, an all-purpose Club House with a gym, a tennis/pickleball court, and a lovely pool. This unit is in move-in ready condition

Last Agent to Sell the Property

Thomas Moretti

BHHS Fox & Roach-West Chester License #AB069073 Listed on: 06/04/2022

BHHS Fox & Roach-West Chester

Last Buyer's Agent

Dave Locher

BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,859

Year Built

  • Built in 2008

Lot Details

  • Property is in excellent condition

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage
  • Parking Storage or Cabinetry
  • Parking Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,334 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 105-100
  • Assessor Parcel Number 30-00-01721-77

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, health club, insurance, lawn maintenance, pool(s), snow removal, trash
  • Terrazza Community Assoc. HOA
  • Low-Rise Condominium
  • Terrazza Newtown Sqr Subdivision
  • Property Manager

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,859

Year Built

Built in 2008

Lot Details

0

HOA Fees

$554 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-06
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: First Floor unit. Granite countertops, stainless steel appliances. Everything on one floor and easy access. The home is clean and ready for your move-in. The large dining room offers plenty of space to entertain family & friends. The large living room has a fireplace for those quiet relaxing cool nights. The primary bed room features a large walk- in closet and en-suite bath with large vanity, large soaking tub and oversized stall shower. Assigned parking and storage space in basement garage. This one won't last long. Offers will be considered as they come in and will be responded to at owner's discretion. Terrazza is very conveniently located near to all the shops and restaurants in Newtown Square including Whole Foods, the Acme market, Gentile's, Luigi and Giovanni's and Hill's Seafood. It is also conveniently located near major routes 3, 252,and 476. Come and enjoy the relaxed lifestyle of this unique community with its exquisite landscaping, an all-purpose Club House with a gym, a tennis/pickleball court, and a lovely pool. This unit is in move-in ready condition
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 118
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1334
  • Living Area Sq Ft: 1334
  • Price Per Sq Ft: 363.57
  • Above Grade Finished Sq Ft: 1334
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage, Covered Parking, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Parking Garage, Parking Lot
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 553.75
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Lawn Maintenance, Pool(s), Snow Removal, Trash
  • HOA Name: TERRAZZA COMMUNITY ASSOC.
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District: MARPLE NEWTOWN
  • School District Key: 300200397356
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 287120.00
  • Land Assessed Value: 84600.00
  • Land Use Code: R-50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5592117
  • School Tax: 4076.00
  • Tax Annual Amount: 5859.00
  • Assessor Parcel Number: 30-00-01721-77
  • Tax Lot: 105-100
  • Tax Total Finished Sq Ft: 1334
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/06/2022

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Jul 6, 2022
Sold by
Helen Guveyian
Bought by
Costello Edward J and Costello Janet L
Seller's Agent
Thomas Moretti
BHHS Fox & Roach-West Chester
Buyer's Agent
Dave Locher
BHHS Fox & Roach-Haverford
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$513,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,682
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Aug 10, 2009
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Guveyian Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.19%
Mortgage Type
New Conventional
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
Costello Edward J $485,000 Trident Land Transfer
Guveyian Helen $362,179 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guveyian Helen $90,000
Previous Owner Guveyian Helen $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $485,000 0.0% $364 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $485,000 0.0% $364 / Sq Ft
04/15/2018 04/15/18 Rented $2,800 0.0% --
04/02/2018 04/02/18 Under Contract -- -- --
03/07/2018 03/07/18 For Rent $2,800 +1.8% --
10/01/2016 10/01/16 Rented $2,750 -3.5% --
09/06/2016 09/06/16 Under Contract -- -- --
06/23/2016 06/23/16 For Rent $2,850 +3.6% --
11/01/2013 11/01/13 Rented $2,750 -3.5% --
09/30/2013 09/30/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $2,850 -- --
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 $6,186 $371,720 $84,600 $287,120
2023 $5,991 $371,720 $84,600 $287,120
2022 $5,860 $371,720 $84,600 $287,120
2021 $8,958 $371,720 $84,600 $287,120
2020 $5,792 $211,151 $98,900 $112,251
2019 $5,700 $211,151 $98,900 $112,251
2018 $5,638 $211,151 $0 $0
2017 $5,619 $211,151 $0 $0
2016 $1,159 $211,151 $0 $0
2015 $1,182 $211,151 $0 $0
2014 $1,159 $211,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2026648

Bright MLS

APN: 30-00-01721-77