NOT LISTED FOR SALE

Estimated Value: $622,000 - $672,000

2 Beds
2.5 Baths
2,004 Sq Ft
$606/mo HOA Fee

Last Sold January 15, 2021

Last sale price $535,000 $267 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,870/month

39 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Open Floorplan
  • Culbertson Elementary School Rated A
  • Gourmet Kitchen
  • Clubhouse

About This Home

As of January 2021

Welcome to 226 Cornerstone Drive offering 2004 square feet of luxury living. This elegant home at Terrazza Newtown Square shows like a model home and is in truly move in move-in condition. Terrazza is the perfect solution for the buyer looking to downsize, and who desires freedom from home maintenance without compromising on space. Walk into the open floor plan living room with corner gas fireplace, beautiful hardwood floors and entrance to spacious terrace overlooking the picturesque Terrazza courtyard. Enjoy your morning coffee on the terrace listening to the gentle flow of Terrazza fountains. The dining room is spacious and can accomodate 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. There is a spacious den which can be used as an office or additional accomodations 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, oversized shower and whirlpool soaking tub. 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 one indoor parking space and an assigned storage area (Number 21 located off of the garage lobby.) 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 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 Robert Wise Management company. There is a $500 move-in fee and $2000 capital contribution at settlement. There is a mandatory special assessment for balcony improvements through April 2023 .

Last Agent to Sell the Property

MICHAEL GUTKIND

BHHS Fox & Roach-Haverford License #RS186985L Listed on: 10/16/2020

BHHS Fox & Roach-Haverford

Co-Listed By

Jon Gutkind

BHHS Fox & Roach-Haverford License #RS321456

Last Buyer's Agent

Carol Albert

RE/MAX Ready License #AB060679L

RE/MAX Ready

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,430

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • 1 Assigned Subterranean Space
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Lot
  • Unassigned Parking

Home Design

  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Masonry

Interior Spaces

  • 2,004 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Corner Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Window Screens
  • Great Room
  • Dining Room
  • Den
  • Courtyard Views
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • 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
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 015-200
  • Assessor Parcel Number 30-00-01721-15

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include water, trash, common area maintenance, snow removal, insurance, management, recreation facility, reserve funds, all ground fee, exterior building maintenance, lawn maintenance
  • 1 Elevator
  • Terrazza Community Association
  • Low-Rise Condominium
  • Built by Cornerstone Communities
  • Terrazza Newtown Sqr Subdivision, Denby Floorplan
  • Terrazza At Newtown Square Community
  • Property Manager

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

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

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,430

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
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Washer, dryer, Refrigerator, Great room wall mounted TV
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Crown Moldings, Floor Plan - Open, Kitchen - Gourmet, Soaking Tub, Tub Shower, Wood Floors
  • Window Features: Double Hung, Screens, Vinyl Clad
  • Fireplace Features: Corner, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Room Count: 6
  • Room List: Dining Room, Bedroom 2, Kitchen, Den, Bedroom 1, Great Room
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2004
  • Living Area Sq Ft: 2004
  • Price Per Sq Ft: 274.45
  • Above Grade Finished Sq Ft: 2004
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 226

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, Street Lights, Water Fountains
  • Roof: Asphalt, Metal
  • Spa: Yes
  • View: Courtyard
  • 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: Unassigned
  • Garage Features: Additional Storage Area, Garage Door Opener, Underground
  • 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: Intercom, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • 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: Billiard Room, Club House, Fitness Center, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Water, Trash, Common Area Maintenance, Snow Removal, Insurance, Management, Recreation Facility, Reserve Funds, All Ground Fee, Ext Bldg Maint, Lawn Maintenance
  • HOA Name: TERRAZZA COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • 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 Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Building Info

  • Builder Name: Cornerstone Communities

Rental Info

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

Tax Info

  • School Tax: 5102.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 7430.00
  • Assessor Parcel Number: 30-00-01721-15
  • Tax Lot: 015-200
  • Tax Total Finished Sq Ft: 2004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/15/2021

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 14, 2021
Sold by
Rodden James F and Rodden Judith P
Bought by
Mcmichael Kathleen M
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
Carol Albert
RE/MAX Ready
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$656,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,635
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jul 7, 2008
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Rodden James F and Rodden Judith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcmichael Kathleen M $535,000 Vista Land Transfer Llc
Rodden James F $464,591 Fidelity Title Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodden Judith P $59,500
Previous Owner Rodden James F $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $535,000 -2.7% $267 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $550,000 -- $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
2024 $8,023 $482,110 $88,540 $393,570
2023 $7,770 $482,110 $88,540 $393,570
2022 $7,600 $482,110 $88,540 $393,570
2021 $11,619 $482,110 $88,540 $393,570
2020 $7,430 $270,856 $99,020 $171,836
2019 $7,312 $270,856 $99,020 $171,836
2018 $7,232 $270,856 $0 $0
2017 $7,208 $270,856 $0 $0
2016 $1,486 $270,856 $0 $0
2015 $1,517 $270,856 $0 $0
2014 $1,486 $270,856 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE529854

Bright MLS

APN: 30-00-01721-15