NOT LISTED FOR SALE

Estimated Value: $621,000 - $685,000

2 Beds
2.5 Baths
2,063 Sq Ft
$680/mo HOA Fee

Last Sold March 12, 2021

Last sale price $575,000 $279 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,758/month

Highlights

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

About This Home

As of March 2021

This two bedroom, two bath, plus den, Ethan Model is in pristine condition featuring a totally private wooded view. Entry foyer opens to living room with lots of light, gas fireplace and an entrance to a large private terrace. The great room features and elevated 12 foot roofline that carries out on to the terrace. The view is one of the best in the Terrazza community and is peaceful and serene. The unit features hardwood flooring and crown molding in the living room and dining room. Great cook’s kitchen with abundant cabinetry and workspace, stainless steel appliances, granite counters and breakfast bar for casual dining. Fantastic dining room for entertaining and large enough to host family dinners. The master bedroom features an en-suite bath (separate shower and soaking tub), double sink vanity, linen closet and 2 generous walk-in closets. A second bedroom also features a large walk-in closet and adjacent bath. Completing the unit is a cozy den. Included in the sale is two underground garage space and an oversized private storage area on the main hallway corridor. Careful maintenance free living awaits the new owner. Community amenities include clubhouse, tennis, fitness center, steam room, outdoor pool, billiards, and courtyard with barbeque area. Terrazza is located conveniently less than a mile to the Newtown Town Center with restaurants, Whole Foods market, Hilton Garden Inn and numerous shops. Bryn Mawr is a short drive away and the airport is 15 minutes away via I-95. The HOA fee includes all recreational amenities and the clubhouse is available for private events accommodating up to 100 guests. There is a one time capital contribution of $2000 and a $500 move-in fee. There is a special assessment of $229 a month with 33 months remaining. This unit has been completely repainted and the bedrooms recarpeted. Nothing to do, move-in condition.

Last Agent to Sell the Property

MICHAEL GUTKIND

BHHS Fox & Roach-Haverford License #RS186985L Listed on: 01/12/2021

BHHS Fox & Roach-Haverford

Last Buyer's Agent

MICHAEL GUTKIND

BHHS Fox & Roach-Haverford License #RS186985L Listed on: 01/12/2021

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,921

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $680 Monthly HOA Fees

Parking

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

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Masonry

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Double Hung Windows
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Front Loading Washer

Accessible Home Design

  • No Interior Steps

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
  • 60 Gallon+ Electric Water Heater

Listing and Financial Details

  • Tax Lot 015-200
  • Assessor Parcel Number 30-00-01721-33

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,921

Year Built

Built in 2008

Lot Details

0

HOA Fees

$680 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer dryer and refrigerator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • 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, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Washer, Washer - Front Loading, Water Heater
  • Entry Floor: 4
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Soaking Tub, Sprinkler System, Stall Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 4
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 4126
  • Living Area Sq Ft: 2063
  • Price Per Sq Ft: 278.72
  • Above Grade Finished Sq Ft: 2063
  • Above Grade Unfinished Sq Ft: 2063
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 247

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, Sidewalks, Street Lights, Tennis Court(s), Water Fountains
  • Roof: Asphalt, Metal
  • Spa: No
  • View: Creek/Stream, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: Lighted Parking
  • Garage Features: Basement Garage, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2

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: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 680.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Reserve Funds, Snow Removal, Trash, Water
  • 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
  • Additional Parcels: No
  • Land Use Code: R-50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2065.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-10
  • Zoning Description: Residential

Building Info

  • Builder Name: Cornerstone Communities

Rental Info

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

Tax Info

  • School Tax: 6812.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 9921.00
  • Assessor Parcel Number: 30-00-01721-33
  • Tax Lot: 015-200
  • Tax Total Finished Sq Ft: 2063
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/12/2021

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 9, 2021
Sold by
Schuster Kenneth R and Schuster Tamara A
Bought by
Knight James C and Knight Elizabeth C
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$651,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,665
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
May 10, 2018
Sold by
Schuster Kenneth R
Bought by
Schuster Kenneth R and Schuster Tamara S

Purchase Details

Closed on
Sep 17, 2008
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Schuster Kenneth R
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
Knight James C $575,000 None Available
Schuster Kenneth R -- None Available
Schuster Kenneth R $579,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuster Kenneth R $300,000
Previous Owner Schuster Kenneth R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $575,000 0.0% $279 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $575,000 -- $279 / 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 $7,276 $437,240 $88,880 $348,360
2024 $7,276 $437,240 $88,880 $348,360
2023 $7,047 $437,240 $88,880 $348,360
2022 $6,893 $437,240 $88,880 $348,360
2021 $10,537 $437,240 $88,880 $348,360
2020 $9,921 $361,670 $118,840 $242,830
2019 $9,763 $361,670 $118,840 $242,830
2018 $9,657 $361,670 $0 $0
2017 $9,625 $361,670 $0 $0
2016 $1,985 $361,670 $0 $0
2015 $2,025 $361,670 $0 $0
2014 $2,025 $361,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE537778

Bright MLS

APN: 30-00-01721-33