NOT LISTED FOR SALE

225 Cornerstone Dr Unit 225 Newtown Square, PA 19073

Estimated Value: $563,000 - $635,000

2 Beds
2 Baths
1,687 Sq Ft
$606/mo HOA Fee

Last Sold October 15, 2020

Last sale price $463,000 $274 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,409/month

Highlights

  • Fitness Center
  • Cabana
  • View of Trees or Woods
  • Culbertson Elementary School Rated A
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of October 2020

BACK TO ACTIVE, BUYERS MORTGAGE FELL THROUGH. This 2 bedroom,den, 2 bath Carlton Model is in pristine condition featuring. a totally private wooded view Entry foyer opens to living room with lots of light, gas fireplace and door to a spacious terrace. The view from this second unit floor is totally peaceful and private. Hardwood flooring throughout living room, dining room, kitchen and foyer, crown molding in the LR, DR. Great cook's kitchen with abundant cabinetry and workspace, upgraded stainless appliances and granite counters and breakfast bar. Fantastic dining room for entertaining, large enough to host family dinners. Master bedroom featyres en suite bath (separate shower & tub, double bowl granite vanity & linen closet) and generous walk-in closet. A 2nd large bedroom also features a walk in closet, adjacent full bath with laundry. Completing the unit is a den/office with double closet. Included in the sale is one underground Garage parking space and a storage area. Carefree, maintenance free living at Terrazza includes clubhouse, pool, tennis and fitness center. Easy access to surrounding, Newtown Square (Whole Foods!) Main Line, Media and West Chester town centers as well as commuter train into center city. 15 minutes to the airport via I-95. Come enjoy a vibrant Newtown Square lifestyle at Terrazza! This home shows like a model and and has one of best views in the entire complex. HOA fee includes all recreational facilities, pool, clubhouse, steamroom, tennis. Parking space 10 in garage included in sale. One time capital contribution of $2000 and move-in fee of $500 payable at settlement.

Last Agent to Sell the Property

MICHAEL GUTKIND

(610) 517-8411 mrgutkind@aol.com BHHS Fox & Roach-Haverford License #RS186985L Listed on: 06/10/2020

BHHS Fox & Roach-Haverford

Co-Listed By

Jon Gutkind

(610) 517-8411 Jon.Gutkind@foxroach.com BHHS Fox & Roach-Haverford License #RS321456

Last Buyer's Agent

Marisa Kaneda

(610) 308-3929 Marisa.Kaneda@foxroach.com BHHS Fox & Roach-Media License #RS154311A

BHHS Fox & Roach-Media

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,859

Year Built

  • Built in 2008

Lot Details

  • No Through Street
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage
  • Lighted Parking
  • Garage Door Opener
  • Parking Lot
  • Unassigned Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,687 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • Window Screens
  • Great Room
  • Formal Dining Room
  • Den
  • Views of Woods
  • Exterior Cameras

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Electric Washer and Dryer

Accessible Home Design

  • Doors with lever handles
  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 015-200
  • Assessor Parcel Number 30-00-01721-14

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, health club, insurance, lawn maintenance, management, reserve funds, snow removal, trash, water, parking fee
  • $500 Other One-Time Fees
  • 103 Units
  • 1 Elevator
  • Terrazza Community Association
  • Low-Rise Condominium
  • Built by Cornerstone Communities
  • Terrazza Newtown Sqr Subdivision, Carlton Floorplan
  • Terrazza At Newtown Sqr Community
  • Property Manager

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,859

Year Built

Built in 2008

Lot Details

0

HOA Fees

$606 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: No Stairs, Doors - Lever Handle(s)
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Washer, Dryer, Refrigerator, window treatments
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Pantry, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Double Hung, Energy Efficient, Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Dining Room, Primary Bedroom, Kitchen, Den, Great Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit
  • Total Sq Ft: 1687
  • Living Area Sq Ft: 1687
  • Price Per Sq Ft: 274.45
  • Above Grade Finished Sq Ft: 1687
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Frame, Masonry
  • Exterior Features: Bbq Grill, Exterior Lighting, Lawn Sprinkler, Sidewalks, Street Lights, Tennis Court(s), 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: No
  • Parking Features: Lighted Parking, Unassigned
  • Garage Features: Garage Door Opener, Basement Garage
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 606.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Trash, Water, Parking Fee
  • HOA Name: TERRAZZA COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

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 HOLLOW
  • 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 HOLLOW

Lot Info

  • Horses: No
  • Land Use Code: R-50
  • Lot Features: Backs To Trees, No Thru Street
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Cornerstone Communities

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 4710.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 6859.00
  • Assessor Parcel Number: 30-00-01721-14
  • Tax Lot: 015-200
  • Tax Total Finished Sq Ft: 1687
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/15/2020

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Oct 6, 2020
Sold by
Morris Margaret A
Bought by
Leutner Joanna S
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
Marisa Kaneda
BHHS Fox & Roach-Media
List Price
$463,000
Sold Price
$463,000
Current Estimated Value
$603,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,043
Avg. Annual Appreciation
5.45%
Original Mortgage
$200,000
Outstanding Balance
$177,889
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$425,154

Purchase Details

Closed on
Sep 17, 2008
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Morris Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Leutner Joanna S $463,000 Trident Land Transfer Co
Morris Margaret A $428,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leutner Joanna S $200,000
Previous Owner Morris Margaret A $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $463,000 0.0% $274 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $463,000 0.0% $274 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $463,000 -- $274 / 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
2025 $7,117 $427,690 $86,670 $341,020
2024 $7,117 $427,690 $86,670 $341,020
2023 $6,893 $427,690 $86,670 $341,020
2022 $6,742 $427,690 $86,670 $341,020
2021 $10,307 $427,690 $86,670 $341,020
2020 $6,859 $250,048 $98,970 $151,078
2019 $6,750 $250,048 $98,970 $151,078
2018 $6,677 $250,048 $0 $0
2017 $6,655 $250,048 $0 $0
2016 $1,372 $250,048 $0 $0
2015 $1,400 $250,048 $0 $0
2014 $1,400 $250,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL GUTKIND

    Seller's Agent in 2020

    MICHAEL GUTKIND

    BHHS Fox & Roach

    (610) 517-8411

    16 in this area

    87 Total Sales

    MICHAEL GUTKIND
    Section Image
  • Jon Gutkind

    Seller Co-Listing Agent in 2020

    Jon Gutkind

    BHHS Fox & Roach

    (610) 517-8411

    13 in this area

    104 Total Sales

    Jon Gutkind
    Section Image
  • Marisa Kaneda

    Buyer's Agent in 2020

    Marisa Kaneda

    BHHS Fox & Roach

    (610) 308-3929

    2 in this area

    61 Total Sales

    Marisa Kaneda
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE520288

Bright MLS

APN: 30-00-01721-14

Pennsylvania Delaware County Newtown Square 19073

225 Cornerstone Dr Unit 225, Newtown Square, PA

This home is located at 225 Cornerstone Dr Unit 225, Newtown Square, PA 19073 since 10 June 2020 and is currently estimated at $603,043, approximately $357 per square foot. This property was built in 2008. 225 Cornerstone Dr Unit 225 is a home located in Delaware County with nearby schools including Culbertson Elementary School, Paxon Hollow Middle School, and Marple Newtown Senior High School.

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