NOT LISTED FOR SALE

Estimated Value: $606,000 - $666,000

2 Beds
2.5 Baths
2,004 Sq Ft
$696/mo HOA Fee

Last Sold July 23, 2024

Last sale price $595,000 $297 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,818/month

12 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Clubhouse
  • Culbertson Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of July 2024

Welcome to 136 Cornerstone Drive offering 2 Bedrooms, 2.5 baths and a large Den totaling 2004 square feet of luxury living. This elegant third floor home at Terrazza Newtown Square shows like a model home and is in move-in condition. Extensive upgrades were just completed making this unit show like a model home. Upgrades include fresh paint, recessed lighting throughout, new carpet in the bedrooms and den, new wood flooring in the living room and the dining room, new quarts counter tops in both bathrooms and new custom closets in both bedroom suites. Walk into the open floor plan living room with a corner gas fireplace, beautiful hardwood floors and entrance to a spacious terrace overlooking the picturesque Terrazza fountain where you can enjoy morning coffee on the terrace listening to the gentle flow of the Terrazza fountains. The formal dining room is spacious and can accommodate your family dinners and holiday gatherings. You can also entertain at the kitchen counter bar adjoining the amazing cook's kitchen with stainless steel appliances, granite counters, pantry, and large double window over the kitchen sink and a wine refrigerator There is a spacious den which can be used as an office or additional accommodations for overnight guests. There are two master bedroom suites both with en-suite baths and very generous walk-in closets. The main master Bedroom suite features a double sink vanity, linen closet, over-sized shower and a second vanity area. Completing this unit is a powder room off the foyer and a laundry area off the kitchen with a full size washer and dryer. Included with the sale is an indoor parking space and storage area off the garage level. Both bedrooms have large en-suite baths and feature large walk-in closets with custom inserts. Other upgrades include a custom sound system throughout, ceiling fans, and a custom built-in desk in the office/den. Terrazza is the perfect solution for the buyer looking to downsize, and who desires freedom from home maintenance without compromising on space. No need to drive to the gym as the Terrazza clubhouse features a fully equipped fitness center, locker room facilities and a steam room. The clubhouse also has a full size catering kitchen, billiards, card room and a library. The owners also enjoy their own tennis court and outdoor pool area. All Terrazza amenities are included in the monthly HOA fee. Terrazza is very convenient to country clubs, shopping, dining, Ridley Creek State Park, Whole Foods, market and minutes from Media, Paoli, Bryn Mawr and the entire Main Line area. If you are looking for elegance and easy living Terrazza is a "must-see" option. The community is professionally managed by Camco Management company. There is a $500 move-in fee and $2000 capital contribution at settlement.

Last Agent to Sell the Property

MICHAEL GUTKIND

BHHS Fox & Roach-Haverford License #RS186985L Listed on: 05/24/2024

BHHS Fox & Roach-Haverford

Co-Listed By

Jon Gutkind

BHHS Fox & Roach-Haverford License #RS321456

Last Buyer's Agent

Carmine Rauso

Keller Williams Main Line License #5001027

Keller Williams Main Line

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 2009

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $696 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 2,004 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Double Hung Windows
  • Formal Dining Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Deck
  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-00-01721-93

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, management, road maintenance, snow removal, trash, water
  • $500 Other One-Time Fees
  • 103 Units
  • Terrazza Newtown Square HOA
  • Low-Rise Condominium
  • Built by Cornerstone Communities
  • Terrazza Newtown Sqr Subdivision, Danby Floorplan
  • Terrazza At Newtown Sqr Community
  • Property Manager

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Dog Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,946

Year Built

Built in 2009

Lot Details

0

HOA Fees

$696 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, refrigerator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 136 Cornerstone Drive offering 2 Bedrooms, 2.5 baths and a large Den totaling 2004 square feet of luxury living. This elegant third floor home at Terrazza Newtown Square shows like a model home and is in move-in condition. Extensive upgrades were just completed making this unit show like a model home. Upgrades include fresh paint, recessed lighting throughout, new carpet in the bedrooms and den, new wood flooring in the living room and the dining room, new quarts counter tops in both bathrooms and new custom closets in both bedroom suites. Walk into the open floor plan living room with a corner gas fireplace, beautiful hardwood floors and entrance to a spacious terrace overlooking the picturesque Terrazza fountain where you can enjoy morning coffee on the terrace listening to the gentle flow of the Terrazza fountains. The formal dining room is spacious and can accommodate your family dinners and holiday gatherings. You can also entertain at the kitchen counter bar adjoining the amazing cook's kitchen with stainless steel appliances, granite counters, pantry, and large double window over the kitchen sink and a wine refrigerator There is a spacious den which can be used as an office or additional accommodations for overnight guests. There are two master bedroom suites both with en-suite baths and very generous walk-in closets. The main master Bedroom suite features a double sink vanity, linen closet, over-sized shower and a second vanity area. Completing this unit is a powder room off the foyer and a laundry area off the kitchen with a full size washer and dryer. Included with the sale is an indoor parking space and storage area off the garage level. Both bedrooms have large en-suite baths and feature large walk-in closets with custom inserts. Other upgrades include a custom sound system throughout, ceiling fans, and a custom built-in desk in the office/den. Terrazza is the perfect solution for the buyer looking to downsize, and who desires freedom from home maintenance without compromising on space. No need to drive to the gym as the Terrazza clubhouse features a fully equipped fitness center, locker room facilities and a steam room. The clubhouse also has a full size catering kitchen, billiards, card room and a library. The owners also enjoy their own tennis court and outdoor pool area. All Terrazza amenities are included in the monthly HOA fee. Terrazza is very convenient to country clubs, shopping, dining, Ridley Creek State Park, Whole Foods, market and minutes from Media, Paoli, Bryn Mawr and the entire Main Line area. If you are looking for elegance and easy living Terrazza is a "must-see" option. The community is professionally managed by Camco Management company. There is a $500 move-in fee and $2000 capital contribution at settlement.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Carpet, Engineered Wood
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Floor Plan - Open, Formal/Separate Dining Room, Bathroom - Stall Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2004
  • Living Area Sq Ft: 2004
  • Price Per Sq Ft: 296.91
  • Above Grade Finished Sq Ft: 2004
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 136

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, Exterior Lighting, Lawn Sprinkler, Sidewalks, Tennis Court(s), Underground Lawn Sprinkler, Water Fountains
  • Spa: No
  • View: Trees/Woods
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Garage
  • 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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 696.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Dog Park, Exercise Room, Fitness Center, Meeting Room, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Road Maintenance, Snow Removal, Trash, Water
  • HOA Name: TERRAZZA NEWTOWN SQUARE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 500.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2000.00

Schools

  • School District: MARPLE NEWTOWN
  • Elementary School: CULBERTSON
  • Middle School: PAXON HLLW
  • High School: MARPLE NEWTOWN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397356
  • School District Source: Listing Agent
  • Elementary School: CULBERTSON
  • High School: MARPLE NEWTOWN
  • Middle Or Junior School: PAXON HLLW

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Cornerstone Communities

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 5610.00
  • Tax Annual Amount: 7946.00
  • Assessor Parcel Number: 30-00-01721-93
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/23/2024

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 20, 2024
Sold by
Gill David Frances and Strollo Mark Alan
Bought by
Safley Robin Ann
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
Carmine Rauso
Keller Williams Main Line
List Price
$595,000
Sold Price
$595,000
Views
51
Current Estimated Value
$633,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,456
Avg. Annual Appreciation
6.03%
Original Mortgage
$595,000
Outstanding Balance
$588,370
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$45,086

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jun 21, 2023
Sold by
Zaslow Rochelle
Bought by
Gill David F
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Views
278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Jul 8, 2009
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Zaslow Burton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.47%
Mortgage Type
Unknown
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
Safley Robin Ann $595,000 None Listed On Document
Gill David F $560,000 None Listed On Document
Zaslow Burton $546,865 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safley Robin Ann $595,000
Previous Owner Zaslow Burton $1,400,000
Previous Owner Zaslow Burton $2,000,000
Previous Owner Zaslow Burton $250,000
Previous Owner Zaslow Burton $355,000
Previous Owner Zaslow Burton $250,000
Previous Owner Zaslow Burton $2,000,000
Previous Owner Zaslow Burton $250,000
Previous Owner Zaslow Burton $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $595,000 0.0% $297 / Sq Ft
05/24/2024 05/24/24 For Sale $595,000 +6.3% $297 / Sq Ft
06/21/2023 06/21/23 Sold $560,000 -4.3% $279 / Sq Ft
03/10/2023 03/10/23 For Sale $585,000 0.0% $292 / Sq Ft
03/07/2023 03/07/23 Price Changed $585,000 -- $292 / 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 $8,043 $483,330 $88,540 $394,790
2023 $7,790 $483,330 $88,540 $394,790
2022 $7,619 $483,330 $88,540 $394,790
2021 $11,648 $483,330 $88,540 $394,790
2020 $8,746 $318,823 $99,020 $219,803
2019 $8,607 $318,823 $99,020 $219,803
2018 $8,513 $318,823 $0 $0
2017 $8,485 $318,823 $0 $0
2016 $1,750 $318,823 $0 $0
2015 $1,750 $318,823 $0 $0
2014 $1,750 $318,823 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2068044

Bright MLS

APN: 30-00-01721-93