NOT LISTED FOR SALE

40 Louella Ct Unit C3-D3 Wayne, PA 19087

Estimated Value: $815,000 - $1,317,000

3 Beds
3.5 Baths
3,636 Sq Ft
$2,028/mo HOA Fee

Last Sold April 23, 2021

Last sale price $1,300,000 $358 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,641/month

24 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Wayne
  • Gourmet Kitchen
  • Wayne Elementary School Rated A+
  • Penthouse
  • City View

About This Home

As of April 2021

A unique opportunity to own the largest condo in the Louella House conveniently located in downtown Wayne! This property was built in 1865 and completely renovated by C.F. Holloway in 2013. During the initial renovation, these units were combined to create over 3600 Sq. Ft. of living space. This luxurious condo has 3 spacious bedrooms, 3.1 baths and custom details throughout. There are dramatic, large architectural windows and gorgeous 8" Carlisle hardwood floors. A chef's kitchen with marble countertops, custom cabinetry, an oversized island and professional grade appliances will delight anyone that loves to cook. The spacious main bedroom has plenty of natural light from the large windows and includes a large walk-in closet and an elegant bathroom. There is a wet bar with beverage cooler, and office area with custom built-ins. There are two rooftop terraces to enjoy in warmer months and two gas fireplaces to linger by in the winter. The unit was thoughtfully constructed with sound engineered ceilings and flooring. The unit has two large storage areas in the basement near the underground garage access. Four indoor garage spaces come with this unit with remote controls for easy access. During construction, a Victorian, one acre garden was built over top of the underground garage creating green space for residents to enjoy. Other building amenities include a secure entry way, common rooms on the lower level, including entertainment spaces, an elevator, a fitness room, and an area for your wine storage. This fantastic location offers a short walk to all that Wayne has to offer including the best in dining, shopping, and easy access to the R-5 train! Currently leased until September 30, 2021.

Last Agent to Sell the Property

Lucy Rhodes

(610) 822-3356 Lucy.Rhodes@compass.com Compass RE License #RS306809 Listed on: 02/13/2021

Compass RE

Last Buyer's Agent

Lavinia Smerconish

(610) 547-6637 lavinia@laviniasmerconish.com Compass RE License #RS149832A

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,737

Year Built

  • Built in 1865

Lot Details

  • Downtown Location
  • Side Yard
  • Property is in excellent condition

HOA Fees

  • $2,028 Monthly HOA Fees

Parking

  • 4 Assigned Subterranean Spaces
  • Basement Garage
  • Lighted Parking
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Penthouse
  • Victorian Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof
  • Masonry

Interior Spaces

  • 3,636 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Bar
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Gas Fireplace
  • Living Room
  • Dining Room
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Home Security

  • Home Security System
  • Intercom

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 562-000
  • Assessor Parcel Number 36-01-00333-08

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, snow removal, trash
  • Low-Rise Condominium
  • Ccr Management Condos
  • Louella House Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,737

Year Built

Built in 1865

Lot Details

0

HOA Fees

$2,028 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Victorian
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Washer, dryer, and refrigerator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-13
  • Year Built: 1865
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Energy Efficient Appliances, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Bar, Crown Moldings, Floor Plan - Traditional, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Tub Shower, Wood Floors
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3636
  • Living Area Sq Ft: 3636
  • Price Per Sq Ft: 378.16
  • Above Grade Finished Sq Ft: 3636
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Exterior Features: Fire Escape, Sidewalks
  • Roof: Rubber
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Assigned Spaces Count: 4
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Private
  • Garage Features: Basement Garage, Covered Parking, Garage - Side Entry, Garage Door Opener, Underground, Inside Access
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Intercom, Security System, Fire Detection System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2028.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: CCR Management
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

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: 215950.00
  • Land Assessed Value: 401550.00
  • Lot Features: Sideyard(s)
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-50

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 8323436
  • School Tax: 9475.00
  • Tax Annual Amount: 12737.00
  • Assessor Parcel Number: 36-01-00333-08
  • Tax Lot: 562-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Apr 9, 2021
Sold by
Louella Court Llc
Bought by
Bankhead John and Bankhead Michelle Rogers
Seller's Agent
Lucy Rhodes
Compass RE
Buyer's Agent
Lavinia Smerconish
Compass RE
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%
Current Estimated Value
$1,062,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$237,374
Avg. Annual Appreciation
-4.26%

Purchase Details

Listed on
Feb 12, 2016
Closed on
Aug 31, 2016
Sold by
Arnold Kara Hanlon
Bought by
Louella Court Llc
Seller's Agent
Kathy Gubernick
Compass RE
Buyer's Agent
Mark Rhodes
Gryphon Real Estate
List Price
$1,700,000
Sold Price
$1,300,000
Premium/Discount to List
-$400,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Arnold John M and Arnold Kara Hanlon
Bought by
Arnold Kara Hanlon

Purchase Details

Closed on
Dec 16, 2013
Sold by
40 Louella Court Holding Company Lp
Bought by
Arnold Kara Hanlon and Arnold John M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bankhead John $1,300,000 Tohickon Settlement Svcs Inc
Louella Court Llc $1,300,000 None Available
Arnold Kara Hanlon -- Accommodation
Arnold Kara Hanlon $892,318 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $1,300,000 -5.5% $358 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $1,375,000 0.0% $378 / Sq Ft
09/14/2017 09/14/17 Rented $5,500 -12.0% --
08/09/2017 08/09/17 Under Contract -- -- --
07/12/2017 07/12/17 For Rent $6,250 0.0% --
04/03/2017 04/03/17 Rented $6,250 -3.8% --
03/21/2017 03/21/17 Under Contract -- -- --
03/07/2017 03/07/17 For Rent $6,500 0.0% --
08/31/2016 08/31/16 Sold $1,300,000 -7.1% $388 / Sq Ft View Prior Sale
08/01/2016 08/01/16 Pending -- -- --
06/03/2016 06/03/16 Price Changed $1,400,000 -6.7% $418 / Sq Ft
05/11/2016 05/11/16 Price Changed $1,500,000 -6.3% $448 / Sq Ft
03/23/2016 03/23/16 Price Changed $1,600,000 -5.9% $478 / Sq Ft
02/12/2016 02/12/16 For Sale $1,700,000 0.0% $508 / Sq Ft
05/01/2015 05/01/15 Rented $6,250 -10.7% --
04/10/2015 04/10/15 Under Contract -- -- --
01/09/2015 01/09/15 For Rent $7,000 -- --
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 $12,485 $617,500 $401,550 $215,950
2024 $12,485 $617,500 $401,550 $215,950
2023 $11,990 $617,500 $401,550 $215,950
2022 $11,859 $617,500 $401,550 $215,950
2021 $19,049 $617,500 $401,550 $215,950
2020 $13,228 $380,250 $380,250 $0
2019 $12,855 $380,250 $380,250 $0
2018 $12,603 $380,250 $0 $0
2017 $12,339 $380,250 $0 $0
2016 $2,087 $604,992 $0 $0
2015 $3,388 $604,992 $0 $0
2014 $3,388 $402,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE539248

Bright MLS

APN: 36-01-00333-08