NOT LISTED FOR SALE

228 Cornerstone Dr Unit 228 Newtown Square, PA 19073

Estimated Value: $571,000 - $635,000

2 Beds
2 Baths
1,687 Sq Ft
$657/mo HOA Fee

Last Sold May 01, 2023

Last sale price $510,000 $302 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,439/month

56 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Clubhouse
  • Culbertson Elementary School Rated A
  • View of Trees or Woods
  • Backs to Trees or Woods

About This Home

As of May 2023

Welcome to 228 Cornerstone Drive, a lovingly maintained 2 bedroom/2 bathroom unit located in the highly sought after Terrazza Community. Situated on the second floor of building two, enter into the front door to find an open concept complete with hardwood flooring, oversized windows and a large, private balcony with serene, wooded views. This floor plan is an entertainers dream, featuring a sizable living room with gas fire place, a sun-filled dining room and chef's kitchen with an abundance of cabinetry, pantry closet, upgraded stainless appliances, Corian countertops and breakfast bar. Primary bedroom with ensuite bathroom and walk-in closet. Additional full bathroom with washer & dryer. Other features include ample closet space and a bonus room, perfect for a den, home office or exercise space. Included in the sale are one underground garage parking space (#36) and a climate controlled storage closet (#15). Amenities include use of clubhouse, community pool, tennis courts and fitness center. Conveniently located to the Shops at Ellis Preserve, grocery stores, Ridley Creek State Park & with easy access to West Chester Pike and I-476. Schedule a tour today!
Monthly fees include the following: HOA: $657.00; Parking $40.00; Storage $20.00. Special assessment for stucco, structural and balcony repairs: $229.00; ends April 2023. One time fees: Capital contribution: $2,000.00. Move-in fee $500.00.

Last Agent to Sell the Property

Robin Gordon

(610) 246-2281 robin@robingordon.com BHHS Fox & Roach-Haverford License #AB049690L Listed on: 02/08/2023

BHHS Fox & Roach-Haverford

Co-Listed By

Kate Gallagher

(610) 574-2274 katelyn.gallagher@foxroach.com BHHS Fox & Roach-Haverford License #RS354432

Last Buyer's Agent

NEVA JENKINS

(610) 656-1141 Njenkins@cbpref.com Keller Williams Real Estate - Media

Keller Williams Real Estate - Media

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 2008

Lot Details

  • No Through Street
  • Sprinkler System
  • Backs to Trees or Woods

HOA Fees

  • $657 Monthly HOA Fees

Parking

  • Handicap Parking
  • Assigned Subterranean Space
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Parking Lot
  • Parking Space Conveys

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof
  • Copper Roof
  • Masonry

Interior Spaces

  • 1,687 Sq Ft Home
  • Property has 4 Levels
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Den
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Electric Front Loading Dryer
  • Front Loading Washer

Home Security

Outdoor Features

  • Balcony
  • Water Fountains
  • Outdoor Storage
  • Outdoor Grill
  • Playground

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 015-000
  • Assessor Parcel Number 30-00-01721-17

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, management, reserve funds, road maintenance, snow removal, trash, water, pool(s)
  • 1 Elevator
  • Low-Rise Condominium
  • Terrazza Community Association Condos
  • Built by Cornerstone Communities
  • Terrazza Newtown Sqr Subdivision, Carlton Floorplan
  • Terrazza At Newtown Square Community
  • Property Manager

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,761

Year Built

Built in 2008

Lot Details

0

HOA Fees

$657 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: Fee Simple
  • Historic: No
  • Inclusions: Washer, dryer & refrigerator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-08
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Formal/Separate Dining Room, Kitchen - Gourmet, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors, Primary Bath(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 4
  • Room List: Dining Room, Bedroom 2, Kitchen, Den, Bedroom 1, Great Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1687
  • Living Area Sq Ft: 1687
  • Price Per Sq Ft: 326.02
  • Above Grade Finished Sq Ft: 1687
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

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
  • Construction Materials: Frame, Masonry
  • Exterior Features: Bbq Grill, Lawn Sprinkler, Play Area, Secure Storage, Sidewalks, Street Lights, Tennis Court(s), Water Fountains
  • Roof: Architectural Shingle, Copper
  • 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
  • Parking Features: Handicap Parking, Lighted Parking, Parking Space Conveys
  • Garage Features: Additional Storage Area, 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: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor, Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 657.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Terrazza Community Association
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water, Pool(s)
  • HOA Name: TERRAZZA COMMUNITY ASSOCIATION
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: MARPLE NEWTOWN
  • Elementary School: CULBERTSON
  • Middle School: PAXON HOLLOW
  • High School: MARPLE NEWTOWN
  • Elementary 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

  • Additional Parcels: No
  • Land Use Code: R-50
  • Lot Features: Backs To Trees, No Thru Street
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: R-50

Building Info

  • Builder Name: Cornerstone Communities

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 4703.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 6761.00
  • Assessor Parcel Number: 30-00-01721-17
  • Tax Lot: 015-000
  • Tax Total Finished Sq Ft: 1687
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/01/2023

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 25, 2023
Sold by
Nicolette Sophia Real Estate Holdings Ll
Bought by
Kelly Joan M
Seller's Agent
Robin Gordon
BHHS Fox & Roach-Haverford
Buyer's Agent
NEVA JENKINS
Keller Williams Real Estate - Media
List Price
$559,000
Sold Price
$510,000
Premium/Discount to List
-$49,000
-8.77%
Views
181
Current Estimated Value
$598,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,613
Avg. Annual Appreciation
6.81%

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 26, 2021
Sold by
Myers Andrew P and Estate Of Alien B Myers
Bought by
Nicolette Sophia Re Holdings Llc
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
Hailey Petransky
Keller Williams Real Estate - Media
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Jul 3, 2008
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Myers Allen B and Myers Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kelly Joan M $510,000 Keystone Title Services
Nicolette Sophia Re Holdings Llc $480,000 Keystone Premier Stlmt Svcs
Myers Allen B $431,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Allen B $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $510,000 -7.3% $302 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $550,000 -1.6% $326 / Sq Ft
02/08/2023 02/08/23 For Sale $559,000 +16.5% $331 / Sq Ft
07/29/2021 07/29/21 Sold $480,000 -3.8% $285 / Sq Ft View Prior Sale
06/04/2021 06/04/21 For Sale $499,000 -- $296 / 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 $7,138 $428,910 $86,670 $342,240
2024 $7,138 $428,910 $86,670 $342,240
2023 $6,913 $428,910 $86,670 $342,240
2022 $6,761 $428,910 $86,670 $342,240
2021 $10,337 $428,910 $86,670 $342,240
2020 $6,907 $251,798 $98,970 $152,828
2019 $6,797 $251,798 $98,970 $152,828
2018 $6,723 $251,798 $0 $0
2017 $6,701 $251,798 $0 $0
2016 $1,382 $251,798 $0 $0
2015 $1,382 $251,798 $0 $0
2014 $1,382 $251,798 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2040930

Bright MLS

APN: 30-00-01721-17