$1,545,510
SOLD DEC 20, 2024

122 Lotus Ln Malvern, PA 19355

4 Beds
3.5 Baths
3,873 Sq Ft
0.46 Acres

Recently Sold

$399 Per Sq Ft

16% Above List Price

99 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • 0.46 Acre Lot
  • Charlestown Elementary School Rated A
  • Gourmet Kitchen
  • Clubhouse

About This Home

As of December 2024

Under construction - Summer/Fall delivery

With a truly maintenance-free living lifestyle, the Traditional Neighborhood Development (TND) promotes a sense of community not usually experienced in today's suburban developments. Spring Oak offers carefree living that has something for everyone; swimming pool, fitness center, walking trails, basketball court, bocce ball, community garden and state-of-the-art clubhouse. The design center has a beautiful display of these high ended selected finishes; such as Hardie Plank siding on all sides and real window shutters. Photos may vary from home. This home is available for end of year delivery.

Photos may vary from home. Price is based on time of deposit and contract within the required period of time. Prices and terms of the sale subject to change without notice.

Last Agent to Sell the Property

Nicole Marcum Rife

Compass RE License #RS306682 Listed on: 02/03/2024

Compass RE

Last Buyer's Agent

Carol Lizell

Homestarr Realty License #RS283745

Homestarr Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Block Foundation
  • HardiePlank Type

Interior Spaces

  • 3,873 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Gourmet Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Charlestown Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

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

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, lawn maintenance, pool(s), recreation facility, snow removal, trash
  • Spring Oak Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Inclusions and upgrades are to be discussed directly with the in-house sales team of JP Orleans.
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Under construction - Summer/Fall delivery With a truly maintenance-free living lifestyle, the Traditional Neighborhood Development (TND) promotes a sense of community not usually experienced in today's suburban developments. Spring Oak offers carefree living that has something for everyone; swimming pool, fitness center, walking trails, basketball court, bocce ball, community garden and state-of-the-art clubhouse. The design center has a beautiful display of these high ended selected finishes; such as Hardie Plank siding on all sides and real window shutters. Photos may vary from home. This home is available for end of year delivery. Photos may vary from home. Price is based on time of deposit and contract within the required period of time. Prices and terms of the sale subject to change without notice.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3873
  • Living Area Sq Ft: 3873
  • Price Per Sq Ft: 350.19
  • Above Grade Finished Sq Ft: 3873
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • 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: 371.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Fitness Center, Pool - Outdoor, Swimming Pool, Meeting Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: GREAT VALLEY
  • Elementary School: CHARLESTOWN
  • Middle School: GREAT VALLEY M.S.
  • High School: GREAT VALLEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397337
  • School District Source: Listing Agent
  • Elementary School: CHARLESTOWN
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY M.S.

Lot Info

  • Horses: No
  • Land Use Code: V10
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.60
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023
  • Close Date: 12/20/2024

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Dec 16, 2024
Sold by
Jpo Spring Oak 2 Llc
Bought by
Badman Christopher F and Badman Dana M
Seller's Agent
Nicole Marcum Rife
Compass RE
Buyer's Agent
Carol Lizell
Homestarr Realty
List Price
$1,328,990
Sold Price
$1,545,510
Premium/Discount to List
$216,520
16.29%
Views
81
Current Estimated Value
$1,594,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,568
Avg. Annual Appreciation
5.72%
Original Mortgage
$306,510
Outstanding Balance
$304,642
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,296,863
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,545,510 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,510 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $1,545,510 +14.0% $399 / Sq Ft
04/25/2024 04/25/24 Price Changed $1,356,295 +2.1% $350 / Sq Ft
02/03/2024 02/03/24 For Sale $1,328,990 -- $343 / 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 $1,685 $62,750 $62,750 --
2023 $1,685 $62,750 $62,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2058900

Bright MLS

APN: 35-004-0430.0000