122 Spring Tree Dr Newtown Square, PA 19073
Estimated Value: $1,863,000 - $2,230,000
5
Beds
7
Baths
9,431
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 2.15 Acre Lot
- Deck
- Worrall Elementary School Rated A
- Colonial Architecture
- Wood Flooring
About This Home
As of June 2019122 Spring Tree Drive is a beautiful, custom built stone manor home located on a cul-de-sac in the enclave of Springton Reserve. The premium 2.15 acre lot adds privacy while maintaining the convenience of living in a neighborhood. Enter the airy 2-story foyer with crystal chandelier, moldings and wainscoting. The entire first floor in adorned with gleaming hardwood floors. To the right is the spacious Living Room with gas fireplace and walls of windows on three sides, bathing the room in natural light. Flow into the formal Dining Room with tray ceiling, wainscoting and medallion. The Gourmet Kitchen is the heart of this home. Beautiful light cabinets with dentil detail and granite countertops, large island, professional Wolf cook top, commercial-grade built-in refrigerator, wine fridge and walk-in pantry. Open to the kitchen is the breakfast room and expansive family room with gas fireplace and vaulted ceiling with palladium window. A slider brings you to a maintenance free deck, perfect for BBQs or enjoying your morning coffee. A study/office, mudroom, two half baths and an attached 3 car garage complete this floor. The second level includes a master suite with his and hers walk in closets with built-in closet system, and luxurious master bath with dual sinks, whirlpool tub and large shower. There are 2 en-suite bedrooms & bathrooms and two bedrooms that share a jack-and-jill bathroom.The walk-out lower level is entertaining heaven with a large open space for various recreational activities: ping pong, video games or hanging with friends.(plumbed for a wet bar) There is a separate media room to watch your favorite movie or sporting event. Great Marple Newtown Schools and close to many private schools, like Episc Academy. Conveniently located near the shops and restaurants of Newtown square and Whole Foods, as well as a short drive to Media, with it s myriad of parades, festivals and Dining Under the Stars. Close to major arteries to access the airport, Philadelphia and Wilmington.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,585
Year Built
- Built in 2005
Lot Details
- 2.15 Acre Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Architectural Shingle Roof
- Stone Siding
- Stucco
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Gas Fireplace
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Views of Woods
- Basement Fills Entire Space Under The House
- Home Security System
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Deck
Schools
- Paxon Hollow Middle School
- Marple Newtown High School
Utilities
- 90% Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
Community Details
- No Home Owners Association
- Springton Reserve Subdivision
Listing and Financial Details
- Tax Lot 111-000
- Assessor Parcel Number 25-00-04413-29
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2019
Closed on
Jul 5, 2019
Sold by
Patel Rajesh and Patel Varsha
Bought by
Thiruselvam David P and Thiruselvam Gira R
Seller's Agent
Maria Doyle
Compass RE
Buyer's Agent
Mariellen Weaver
Compass RE
List Price
$1,349,000
Sold Price
$1,225,000
Premium/Discount to List
-$124,000
-9.19%
Total Days on Market
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,665
Avg. Annual Appreciation
7.04%
Original Mortgage
$980,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2016
Bought by
Patel Varsha and Patel Rajesh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,448
Interest Rate
3.43%
Purchase Details
Closed on
May 18, 2005
Sold by
Holspring Developers Llc
Bought by
Patel Rajesh and Patel Varsha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thiruselvam David P | $1,225,000 | None Available | |
| Patel Varsha | -- | -- | |
| Patel Rajesh | $1,053,300 | American Land Title Assoc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thiruselvan David P | $1,000,001 | |
| Closed | Thiruselvam David P | $980,000 | |
| Previous Owner | Patel Varsha | $170,400 | |
| Previous Owner | Patel Varsha | $650,448 | |
| Previous Owner | Patel Varsha | -- | |
| Previous Owner | Patel Rajesh | $170,400 | |
| Previous Owner | Patel Rajesh | $880,000 | |
| Previous Owner | Patel Rajesh | $900,000 | |
| Previous Owner | Patel Rajesh | $85,000 | |
| Previous Owner | Patel Rajesh | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2019 06/27/19 | Sold | $1,225,000 | -5.7% | $130 / Sq Ft |
| 04/14/2019 04/14/19 | Price Changed | $1,299,000 | -2.0% | $138 / Sq Ft |
| 04/08/2019 04/08/19 | Price Changed | $1,325,000 | -1.8% | $140 / Sq Ft |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- |
| 02/20/2019 02/20/19 | For Sale | $1,349,000 | -- | $143 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $19,194 | $1,110,700 | $246,030 | $864,670 |
| 2023 | $18,585 | $1,110,700 | $246,030 | $864,670 |
| 2022 | $18,233 | $1,110,700 | $246,030 | $864,670 |
| 2021 | $27,517 | $1,110,700 | $246,030 | $864,670 |
| 2020 | $18,718 | $650,448 | $208,840 | $441,608 |
| 2019 | $18,492 | $650,448 | $208,840 | $441,608 |
| 2018 | $18,300 | $650,448 | $0 | $0 |
| 2017 | $18,309 | $650,448 | $0 | $0 |
| 2016 | $3,570 | $650,448 | $0 | $0 |
| 2015 | $3,643 | $650,448 | $0 | $0 |
| 2014 | $3,570 | $650,448 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Doyle
Seller's Agent in 2019
Maria Doyle
Compass RE
(610) 947-0408
2 in this area
141 Total Sales
-
Mariellen Weaver
Buyer's Agent in 2019
Mariellen Weaver
Compass RE
(610) 329-2269
3 in this area
78 Total Sales
Map
Source: Bright MLS
MLS Number: PADE436866
APN: 25-00-04413-29
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