NOT LISTED FOR SALE

40 Louella Ct Unit C1 Wayne, PA 19087

Estimated Value: $780,000 - $1,043,000

2 Beds
2 Baths
1,500 Sq Ft
$1,113/mo HOA Fee

Last Sold February 18, 2022

Last sale price $815,000 $543 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,866/month

160 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Wayne
  • Wood Flooring
  • Wayne Elementary School Rated A+
  • Traditional Floor Plan
  • Victorian Architecture

About This Home

As of February 2022

Luxury living in the center of Wayne in a gorgeous care-free first floor condo with a patio that walks out into an expansive lawn, private open space to enjoy and/or walk your dog. What could be better?! The historic Louella House is elegantly appointed, move-in ready and just steps away from the restaurants and shops in downtown Wayne. Plantation shutters and rich dark oak floors throughout... Starting in the living room you will be awed by the 10+ foot ceilings, lovely hardwood flooring, wide substantial crown molding, and custom millwork that accentuates the gas fireplace and doorways. This room is flooded by natural light and is easily accessible to a covered porch that is ideal for al fresco entertaining or tranquil solitude. The eat-in kitchen has an enchanting, exposed brick accent wall. The kitchen also boasts an island with seating plus room for intimate dining and stainless-steel appliances that complement the white cabinetry and granite countertops. Retreat to the master bedroom complete with a large walk-in closet, lovely marble bath, sitting area with floor-to-ceiling built-ins and access to the secluded outdoor flagstone patio. There is a second bedroom and another full bathroom, as well as stackable washer dryer in a laundry closet. This unit includes two deeded underground parking spaces and a separate storage unit in the basement with convenient elevator access. The extensive common areas feature a pool table, fitness room, wine storage and bike storage. A rare opportunity to enjoy carefree living in one of only eleven classic residences. This beautiful first-floor condominium now has lower taxes! The reassessment reduced the school taxes significantly.

Last Agent to Sell the Property

Marie Gordon

(610) 513-0049 marie.gordon@compass.com Compass RE License #RS282323 Listed on: 08/04/2021

Compass RE

Co-Listed By

Sara Moyher-Pinkerton

(610) 662-3001 sara.moyher@compass.com Compass RE License #RS312813

Last Buyer's Agent

aristone Louxz

(215) 792-4518 Aristone.Louxz@compass.com Compass RE License #RS358021

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,964

Year Built

  • Built in 1865

Lot Details

  • 1,481

HOA Fees

  • $1,113 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Lighted Parking
  • Garage Door Opener
  • Parking Space Conveys

Home Design

  • Victorian Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Wayne Elementary School
  • Radnor M Middle School
  • Radnor H High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows
  • Sprinkler System

Listing and Financial Details

  • Tax Lot 562-000
  • Assessor Parcel Number 36-01-00333-06

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, snow removal
  • Low-Rise Condominium
  • Ccr Management Inc. Condos, Phone Number (610) 363-1322
  • Louella House Subdivision

Amenities

  • Common Area
  • Billiard Room
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,964

Year Built

Built in 1865

Lot Details

0

HOA Fees

$1,113 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Victorian
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 1865
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Entry Floor: 1
  • Interior Amenities: Built-Ins, Crown Moldings, Floor Plan - Traditional, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Sprinkler System, Wood Floors
  • Window Features: Energy Efficient, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 550.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

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: Exterior Lighting, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Parking Space Conveys, Assigned, Lighted Parking
  • Garage Features: Covered Parking, Garage Door Opener, Inside Access, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • 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: Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System, Sprinkler System - Indoor, Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1113.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: CCR Management Inc.
  • Condo Co-Op Phone: (610) 363-1322
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Elevator, Exercise Room, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WAYNE
  • High School: RADNOR H
  • Middle Or Junior School: RADNOR M

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 325590.00
  • Land Assessed Value: 401530.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: R-50
  • Zoning Description: Condo

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 8323434
  • School Tax: 10123.00
  • Tax Annual Amount: 13964.00
  • Assessor Parcel Number: 36-01-00333-06
  • Tax Lot: 562-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Jan 25, 2022
Sold by
Lewers Joanne C
Bought by
Cherry Larry and Greisler Carol
Seller's Agent
Marie Gordon
Compass RE
Buyer's Agent
aristone Louxz
Compass RE
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%
Current Estimated Value
$924,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,555
Avg. Annual Appreciation
3.61%

Purchase Details

Closed on
Nov 14, 2013
Sold by
40 Louella Court Holding Company Lp
Bought by
Lewers Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
4.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cherry Larry $815,000 None Listed On Document
Cherry Larry $815,000 None Listed On Document
Lewers Joanne C $919,540 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewers Joanne C $716,000
Closed Cherry Larry $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $815,000 -1.2% $543 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $825,000 +1.2% $550 / Sq Ft
12/30/2021 12/30/21 Off Market $815,000 -- --
12/27/2021 12/27/21 For Sale $825,000 +1.2% $550 / Sq Ft
12/24/2021 12/24/21 Off Market $815,000 -- --
12/17/2021 12/17/21 For Sale $825,000 +1.2% $550 / Sq Ft
12/15/2021 12/15/21 Off Market $815,000 -- --
12/15/2021 12/15/21 For Sale $825,000 +1.2% $550 / Sq Ft
12/10/2021 12/10/21 Off Market $815,000 -- --
11/12/2021 11/12/21 For Sale $825,000 0.0% $550 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $825,000 -- $550 / 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 $10,843 $536,270 $264,206 $272,064
2024 $10,843 $536,270 $264,206 $272,064
2023 $14,118 $727,120 $401,530 $325,590
2022 $13,964 $727,120 $401,530 $325,590
2021 $22,431 $727,120 $401,530 $325,590
2020 $15,941 $458,250 $401,530 $56,720
2019 $15,492 $458,250 $401,530 $56,720
2018 $15,188 $458,250 $0 $0
2017 $22,080 $680,459 $0 $0
2016 $3,734 $680,459 $0 $0
2015 $3,734 $680,459 $0 $0
2014 $3,734 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2004414

Bright MLS

APN: 36-01-00333-06