353 Oak Terrace Wayne, PA 19087
Saint Davids Neighborhood
3
Beds
2
Baths
2,074
Sq Ft
1.55
Acres
Highlights
- 1.55 Acre Lot
- Rambler Architecture
- No HOA
- Wayne Elementary School Rated A+
- 1 Fireplace
- 3-minute walk to Radnor Trail
About This Home
As of January 2025Welcome to 353 Oak Terrace. Nestled in a quiet, South Wayne neighborhood, on a private 1.5-acre lot with easy access to the Radnor Trail and downtown Wayne. This house offers a unique opportunity for those with a vision. Whether you're an aspiring homeowner looking to create your dream space or an investor eager to tap into the potential of a blank canvas, this property is brimming with possibilities. The yard is a blank slate, perfect for gardening enthusiasts, entertaining, or simply enjoying the great outdoors. Imagine restoring the once vibrant garden into a tranquil retreat, or an outdoor entertainment area.
Last Agent to Sell the Property
Duffy Real Estate-St Davids License #RS155918A Listed on: 11/08/2024
Last Buyer's Agent
Duffy Real Estate-St Davids License #RS155918A Listed on: 11/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,480
Year Built
- Built in 1952
Lot Details
- 1.55 Acre Lot
- Property is zoned R-10
Home Design
- Rambler Architecture
- Block Foundation
Interior Spaces
- 2,074 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Schools
- Radnor High School
Utilities
- Heating Available
Community Details
- No Home Owners Association
- South Wayne Subdivision
Listing and Financial Details
- Tax Lot 053-000
- Assessor Parcel Number 36-04-02478-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2024
Closed on
Jan 10, 2025
Sold by
Carosso Christina Rose and Carosso Vincent Phillip
Bought by
353 Oak Terrace Llc
Seller's Agent
James Golden
Duffy Real Estate-St Davids
Buyer's Agent
James Golden
Duffy Real Estate-St Davids
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
279.30%
Original Mortgage
$1,815,000
Outstanding Balance
$1,810,230
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
-$166,847
Purchase Details
Closed on
May 20, 2017
Sold by
Hoffman David and Estate Of Cynthia Hoffman Caro
Bought by
Carosso Christina Rose and Carosso Vincent Phillip
Purchase Details
Closed on
Aug 28, 1972
Bought by
Hoffman Edward F and Hoffman Nadine
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $800,000 | None Listed On Document | |
| Deed | $800,000 | None Listed On Document | |
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,815,000 | Construction | |
| Closed | $1,815,000 | Construction | |
| Previous Owner | $365,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Price Changed | $2,900,000 | +1.8% | $630 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $2,850,000 | +256.3% | $620 / Sq Ft |
| 01/15/2025 01/15/25 | Sold | $800,000 | -10.6% | $386 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $895,000 | -- | $432 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $12,481 | $617,290 | $360,350 | $256,940 |
| 2023 | $11,986 | $617,290 | $360,350 | $256,940 |
| 2022 | $11,855 | $617,290 | $360,350 | $256,940 |
| 2021 | $19,043 | $617,290 | $360,350 | $256,940 |
| 2020 | $9,531 | $273,970 | $203,270 | $70,700 |
| 2019 | $9,262 | $273,970 | $203,270 | $70,700 |
| 2018 | $9,080 | $273,970 | $0 | $0 |
| 2017 | $8,890 | $273,970 | $0 | $0 |
| 2016 | $1,504 | $273,970 | $0 | $0 |
| 2015 | $1,534 | $273,970 | $0 | $0 |
| 2014 | $1,534 | $273,970 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
lori paolino
l
Seller's Agent in 2025
lori paolino
BHHS Fox & Roach
(484) 614-3050
3 in this area
16 Total Sales
-
James Golden
J
Seller's Agent in 2025
James Golden
Duffy Real Estate-St Davids
(215) 519-0631
1 in this area
12 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2079240
APN: 36-04-02478-00
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