NOT LISTED FOR SALE

40 Parkview Cir Wayne, PA 19087

Estimated Value: $1,017,142 - $1,079,000

5 Beds
3.5 Baths
3,718 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $990,000 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,626/month

59 Days on Market

Highlights

  • Gourmet Kitchen
  • Scenic Views
  • Transitional Architecture
  • New Eagle Elementary School Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2024

Presenting a spectacular Parkview townhome located in the award-winning Tredyffrin/Easttown school district and featuring sweeping views of Wilson Farm Park and Valley Forge Mountain. This Washington model townhome is the largest offered and in a prime location offering dual views in the coveted Parkview community. The front entrance leads up oak stairs to the main level finished with solid hardwood floors, where you’ll be captivated by stunning views of Wilson Farm Park from the back decks and framed views of Valley Forge Mountain from the front windows. The kitchen and family room, perfectly positioned next to the park view, offer an elevated level of enjoyment for cooking and entertaining. The kitchen is a chef's dream, featuring a 5-burner gas cooktop, granite countertops, upgraded solid wood cabinets with undermount lighting, glass tile backsplash, pendant lighting, large center island with seating, and a Butler's pantry/wet bar. This combination of upgrades, including recessed lighting, built-in Bose wireless speakers, and scenic beauty, makes this home truly exceptional. One level up, you'll find three bedrooms and two full baths. The primary suite is a luxurious retreat, featuring two walk-in closets, an additional sitting area, and an ensuite bath, both of which overlook the park. You'll feel like you're at a spa with nature as the backdrop from the spacious shower complete with dual shower heads. The primary bath is finished with upgraded porcelain and marble tile and a double sink vanity with a granite countertop. The serene and picturesque views enhance the tranquil ambiance of this space. The fourth floor offers many options, with a large space for another bedroom, office, or entertainment space. Enjoy a second heating and cooling zone on this level to keep the temperature comfortable year round. From the loft roof deck, enjoy sweeping views of the park all year round with the 4th of July fireworks in summer and the glistening pond in the winter and early spring months. Whether you enjoy this space with friends or alone with a good book, it’s a special feature of this beautiful home and a coveted feature in the Parkview neighborhood. The lower level of this home is versatile and functional. You can enter from the main level stairs or from the garage into the mudroom. The rest of this floor is an expansive, multi-purpose space brimming with potential and finished with a custom-made sliding barn door. With a full bath and a large closet, it’s perfect as an additional bedroom with first-floor access. Alternatively, the generous dimensions allow for a combination of a bedroom with a cozy living area, a dedicated workout space, or a productive home office. Also on the lower level, find double coat closets and a mudroom area that could be finished with a bench and storage cubbies. This home is ideal for anyone looking for high-quality finishes, ample space, and hassle-free surroundings. Enjoy newer construction in one of Wayne’s most convenient locations. Wilson Farm Park, with its many playing fields and walking path, is your backyard, and Valley Forge Park is less than a mile away. Located minutes from Rt 202, shopping and dining offered in downtown Wayne, King of Prussia, and Malvern, and the R5 train stations along the Main Line.

Last Agent to Sell the Property

Melanie Fritz

(610) 563-4071 melanie.fritz@compass.com Compass RE Listed on: 07/10/2024

Compass RE

Co-Listed By

Leslie Gudel Kemm

(215) 470-6965 lgudel@comcast.net Compass RE License #RS344449

Last Buyer's Agent

Mia Lehmann

(484) 624-9339 mia@mialehmann.com BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,016

Year Built

  • Built in 2018

Lot Details

  • 1,248 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Property Views

  • Pond
  • Scenic Vista
  • Mountain
  • Park or Greenbelt

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 3,718 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Dining Area
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

  • New Eagle Elementary School
  • Valley Forge Middle School
  • Conestoga Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • $2,000 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, lawn maintenance, trash
  • Parkview HOA
  • Built by Rockwell Custom
  • Parkview Subdivision, Washington Floorplan
  • Property Manager

Listing and Financial Details

  • Tax Lot 3734
  • Assessor Parcel Number 43-05 -3734

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,016

Year Built

Built in 2018

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Transitional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Family Room Wall Mounted TV and Shelves, All Window Treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2024-07-10
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3718
  • Living Area Sq Ft: 3718
  • Price Per Sq Ft: 289.13
  • Above Grade Finished Sq Ft: 3718
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Hardiplank Type
  • Roof: Shingle
  • View: Mountain, Park/Greenbelt, Pond, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 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: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Trash
  • HOA Name: PARKVIEW
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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: NEW EAGLE
  • High School: CONESTOGA SENIOR
  • Middle Or Junior School: VALLEY FORGE

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1248.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Rockwell Custom

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 9128.00
  • Tax Annual Amount: 12016.00
  • Assessor Parcel Number: 43-05 -3734
  • Tax Lot: 3734
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 27, 2024
Sold by
Korber Thomas
Bought by
Kim Jongwoong and Jung Ahyoung
Seller's Agent
Melanie Fritz
Compass RE
Buyer's Agent
Mia Lehmann
BHHS Fox & Roach-Haverford
List Price
$1,075,000
Sold Price
$990,000
Premium/Discount to List
-$85,000
-7.91%
Views
39
Current Estimated Value
$1,039,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,036
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Chesterbrook Homes Lp
Bought by
Korber Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
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
Kim Jongwoong $990,000 None Listed On Document
Korber Thomas $665,005 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korber Thomas $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $990,000 -7.9% $266 / Sq Ft
09/17/2024 09/17/24 For Sale $1,075,000 0.0% $289 / Sq Ft
07/23/2024 07/23/24 Off Market $1,075,000 -- --
07/10/2024 07/10/24 For Sale $1,075,000 -- $289 / 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 $12,016 $341,150 $63,390 $277,760
2024 $12,016 $341,150 $63,390 $277,760
2023 $11,287 $341,150 $63,390 $277,760
2022 $10,996 $341,150 $63,390 $277,760
2021 $10,787 $341,150 $63,390 $277,760
2020 $10,490 $341,150 $63,390 $277,760
2019 $3,574 $341,150 $63,390 $277,760
2018 $1,502 $51,450 $51,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2069596

Bright MLS

APN: 43-005-3734.0000