NOT LISTED FOR SALE

Estimated Value: $605,000 - $664,000

2 Beds
2.5 Baths
1,962 Sq Ft
$626/mo HOA Fee

Last Sold January 23, 2023

Last sale price $545,000 $278 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,710/month

163 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Culbertson Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2023

This stunning luxury condo is located in Terrazza, Newtown Square. The contemporary open floor plan for this unit features new flooring, 2 bedrooms, 2.5 baths, living room with gas fireplace, den/office, kitchen, dining area, laundry room and large balcony. There is so much to appreciate including the gorgeous white kitchen with plenty of cabinets, granite backsplash and countertops and seated breakfast bar, stainless steel appliances, range, double oven, pantry. Just off the kitchen is a lovely living room with gas fireplace, crown molding and access to your own private balcony. The dining room which is perfect for entertaining boasts crown molding and wains coating. The primary bedroom suite includes 2 walk-in closets, full bath with soaking tub and double vanity. Nice size 2nd bedroom with it’s own walk-in closet and full bath. Parking is provided in a secured underground lighted garage with elevator access and storage closet. The HOA fee includes all recreational amenities including clubhouse, fitness center, outdoor in-ground pool, tennis/pickleball court and a BBQ area. Everything you are looking for is right here. Terrazza is located close to the Main Line, Blue Route 476, I-95 and Philadelphia International Airport in addition to many great shops and restaurants.

Last Agent to Sell the Property

Kelly Spayd

Keller Williams Platinum Realty - Wyomissing Listed on: 07/28/2022

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

James McGill

Keller Williams Real Estate - Media

Keller Williams Real Estate - Media

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 2008

Lot Details

  • Property is in excellent condition

HOA Fees

  • $626 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Lighted Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,962 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Gas Fireplace
  • Sitting Room
  • Dining Room
  • Den

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 015-100
  • Assessor Parcel Number 30-00-01721-78

Community Details

Overview

  • Association fees include all ground fee
  • Terraza Community Assn HOA, Phone Number (215) 942-6621
  • Low-Rise Condominium
  • Terrazza Newtown Sqr Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,422

Year Built

Built in 2008

Lot Details

0

HOA Fees

$626 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Island/Bar light fixtures, dining room chandelier, shelf in powder room
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-28
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: Yes
  • Remarks Public: This stunning luxury condo is located in Terrazza, Newtown Square. The contemporary open floor plan for this unit features new flooring, 2 bedrooms, 2.5 baths, living room with gas fireplace, den/office, kitchen, dining area, laundry room and large balcony. There is so much to appreciate including the gorgeous white kitchen with plenty of cabinets, granite backsplash and countertops and seated breakfast bar, stainless steel appliances, range, double oven, pantry. Just off the kitchen is a lovely living room with gas fireplace, crown molding and access to your own private balcony. The dining room which is perfect for entertaining boasts crown molding and wains coating. The primary bedroom suite includes 2 walk-in closets, full bath with soaking tub and double vanity. Nice size 2nd bedroom with it’s own walk-in closet and full bath. Parking is provided in a secured underground lighted garage with elevator access and storage closet. The HOA fee includes all recreational amenities including clubhouse, fitness center, outdoor in-ground pool, tennis/pickleball court and a BBQ area. Everything you are looking for is right here. Terrazza is located close to the Main Line, Blue Route 476, I-95 and Philadelphia International Airport in addition to many great shops and restaurants.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas, Dishwasher, Refrigerator, Stainless Steel Appliances, Range Hood, Disposal
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Crown Moldings, Floor Plan - Open, Soaking Tub, Pantry, Primary Bath(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room Count: 6
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Kitchen, Laundry, Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1962
  • Living Area Sq Ft: 1962
  • Price Per Sq Ft: 287.97
  • Above Grade Finished Sq Ft: 1962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

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
  • Exterior Features: Bbq Grill, Street Lights, Tennis Court(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Lighted Parking
  • Garage Features: 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: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 625.78
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee
  • HOA Name: TERRAZA COMMUNITY ASSN
  • HOA Phone: 215-942-6621
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 382540.00
  • Land Assessed Value: 88290.00
  • Land Use Code: R-50
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5592118
  • School Tax: 5163.00
  • Tax Annual Amount: 7422.00
  • Assessor Parcel Number: 30-00-01721-78
  • Tax Lot: 015-100
  • Tax Total Finished Sq Ft: 1962
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/23/2023

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Carpenter Christopher B and Carpenter Shannon M
Bought by
Heffernan Richard J and Heffernan Lydia F
Current Estimated Value
$621,410

Purchase Details

Listed on
Jul 28, 2022
Closed on
Jan 20, 2023
Sold by
Kathleen C Minutella Trust
Bought by
Carpenter Christopher B and Carpenter Shannon M
Seller's Agent
Kelly Spayd
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
James McGill
Keller Williams Real Estate - Media
List Price
$594,900
Sold Price
$545,000
Premium/Discount to List
-$49,900
-8.39%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Jan 22, 2016
Sold by
Minutella Kathleen C
Bought by
Minutella Kathleen C and The Kathleen C Minutella Trust

Purchase Details

Closed on
Jun 10, 2011
Sold by
Cornerstone Newtown Square Associates L
Bought by
Minutella Jack A and Minutella Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.6%
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
Heffernan Richard J $595,000 None Listed On Document
Heffernan Richard J $595,000 None Listed On Document
Carpenter Christopher B $545,000 --
Minutella Kathleen C -- Attorney
Minutella Jack A $509,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minutella Kathleen C $390,000
Previous Owner Minutella Jack A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $545,000 0.0% $278 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
01/08/2023 01/08/23 Off Market $545,000 -- --
10/24/2022 10/24/22 Price Changed $565,000 -2.6% $288 / Sq Ft
08/12/2022 08/12/22 Price Changed $579,900 -2.5% $296 / Sq Ft
07/28/2022 07/28/22 For Sale $594,900 -- $303 / 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 $7,835 $470,830 $88,290 $382,540
2023 $7,588 $470,830 $88,290 $382,540
2022 $7,422 $470,830 $88,290 $382,540
2021 $11,347 $470,830 $88,290 $382,540
2020 $8,964 $326,778 $99,020 $227,758
2019 $8,822 $326,778 $99,020 $227,758
2018 $8,725 $326,778 $0 $0
2017 $8,697 $326,778 $0 $0
2016 $1,793 $326,778 $0 $0
2015 $1,830 $326,778 $0 $0
2014 $1,830 $326,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2031164

Bright MLS

APN: 30-00-01721-78