NOT LISTED FOR SALE

Estimated Value: $538,000 - $612,000

2 Beds
2.5 Baths
1,632 Sq Ft
$695/mo HOA Fee

Last Sold March 05, 2024

Last sale price $500,000 $306 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,359/month

97 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Water Fountains
  • Culbertson Elementary School Rated A
  • Contemporary Architecture
  • Community Pool

About This Home

As of March 2024

When it comes to effortless luxury living, a beautiful aesthetic inside and out that you’ll be proud to call home and a wonderful location, Terrazza is one of the best options! 122 Cornerstone is a breathtakingly beautiful unit offering 2 bedrooms, 2 full and a one half bath. The current owners have done a phenomenal job at customizing this home, making it truly special and completely move in ready. As soon as you walk in you’ll be blown away by the natural light, upgrades and layout! The foyer entry welcomes you just as it will welcome your guests. This condo offers one level living at its finest! The open concept of the kitchen, large living room and dining room are magnificent. The kitchen has upgraded cabinetry with large crown molding to include glass fronts for display, granite countertops, stainless steel appliances with a gas range and stainless hood and a breakfast bar for seating. The living room is stunning with its custom surround gas fireplace and french doors leading you out to the perfectly private covered patio with a beautiful view. The dining room offers plenty of space for large furniture to entertain guests with ease. The oversized crown moldings and custom paint throughout are incredible. The primary bedroom has been freshly painted and has a large en suite bathroom with neutral tilework, a soaking tub and glass surround shower. The large walk-in closet is perfectly sized. The 2nd bedroom, also with its en suite, is great for guests. The half bathroom is perfectly tucked away off the foyer which is a wonderfully traditional location. This condo also features a built in office space with a custom built in desk, cabinets and shelving. The laundry room is spacious and tucked away. This unit comes with a designated garage parking spot and a storage locker for convenience. This beautiful community is lushly landscaped, meticulously maintained and offers such a great centralized location! Main Line attractions, West Chester, major highways, many universities and amazing schools are all close by. Enjoy the ease in all that Terrazza has to offer. A beautiful clubhouse, pickleball courts, pool and gym. If you’re downsizing, looking to relocate or simply want a stress free lifestyle, this is the place for you. Enjoy this one of a kind condo and all the community has to offer.

Last Agent to Sell the Property

Erica Deuschle

Keller Williams Main Line License #RS311481 Listed on: 10/20/2023

Keller Williams Main Line

Last Buyer's Agent

Maria Doyle

Compass RE License #RS315593

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 2008

Lot Details

  • Landscaped
  • Extensive Hardscape

HOA Fees

  • $695 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #15
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,632 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Water Fountains
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 015-100
  • Assessor Parcel Number 30-00-01721-80

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash, water, all ground fee
  • Low-Rise Condominium
  • Terrazza Condos
  • Terrazza Newtown Sqr Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,980

Year Built

Built in 2008

Lot Details

0

HOA Fees

$695 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
  • New Construction: No
  • Story List: Main
  • Year Built: 2008
  • Assigned Parking Space Numbers: 15
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 333.88
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

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: Exterior Lighting, Sidewalks, Tennis Court(s), Water Fountains, Extensive Hardscape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 695.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Terrazza
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Water, All Ground Fee
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District: MARPLE NEWTOWN
  • Elementary School: CULBERTSON
  • Middle School: PAXON HOLLOW
  • High School: MARPLE NEWTOWN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397356
  • School District Source: 3rd Party
  • Elementary School: CULBERTSON
  • High School: MARPLE NEWTOWN
  • Middle Or Junior School: PAXON HOLLOW

Lot Info

  • Land Use Code: R-50
  • Lot Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 4928.00
  • Tax Annual Amount: 6980.00
  • Assessor Parcel Number: 30-00-01721-80
  • Tax Lot: 015-100
  • Tax Total Finished Sq Ft: 1632
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/05/2024

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 26, 2024
Sold by
Rose Laura Ann
Bought by
Corritore Elizabeth and Duffy Cynthia A
Seller's Agent
Erica Deuschle
Keller Williams Main Line
Buyer's Agent
Maria Doyle
Compass RE
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Views
312
Current Estimated Value
$564,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,312
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Jan 8, 2013
Sold by
Rose Laura Ann
Bought by
Rose Laura Ann and Biermacki Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Rose Laura 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
Corritore Elizabeth $500,000 None Listed On Document
Corritore Elizabeth $500,000 None Listed On Document
Rose Laura Ann $198,555 None Available
Rose Laura Ann $445,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Laura Ann $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $500,000 -8.2% $306 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $544,900 -2.7% $334 / Sq Ft
11/06/2023 11/06/23 Price Changed $559,900 -2.6% $343 / Sq Ft
10/20/2023 10/20/23 For Sale $575,000 -- $352 / 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 $7,065 $424,550 $86,350 $338,200
2023 $6,842 $424,550 $86,350 $338,200
2022 $6,693 $424,550 $86,350 $338,200
2021 $10,232 $424,550 $86,350 $338,200
2020 $7,837 $285,690 $98,960 $186,730
2019 $7,712 $285,690 $98,960 $186,730
2018 $7,628 $285,690 $0 $0
2017 $7,603 $285,690 $0 $0
2016 $1,568 $285,690 $0 $0
2015 $1,600 $285,690 $0 $0
2014 $1,600 $285,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2055914

Bright MLS

APN: 30-00-01721-80