NOT LISTED FOR SALE

412 N Wayne Ave Unit 309 Wayne, PA 19087

Wayne Neighborhood

Estimated Value: $240,000 - $316,000

2 Beds
1 Bath
1,048 Sq Ft
$473/mo HOA Fee

Last Sold May 03, 2023

Last sale price $232,000 $221 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,287/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Stainless Steel Appliances
  • Eat-In Kitchen
  • Wayne Elementary School Rated A+
  • Balcony
  • 4-minute walk to North Wayne Park

About This Home

As of May 2023

A rare chance to own a 2 bedroom condo in desirable Norwayne, within walking distance to downtown Wayne and to the train station. Move-in condition and available for immediate occupancy. Freshly painted and carpeted in neutral colors. Brand new kitchen with white cabinets, shiplap walls, vinyl plank flooring and stainless steel appliances. The spacious, bright living room has sliders that step out to your covered balcony. Two nice sized bedrooms and a modern full bath complete this home. The lower level of this 3 story building offers the community laundry area and assigned storage space. The monthly condo fee includes your heat, trash, water, common area maintenance, lawn care and snow removal. The owner pays for their electric and quarterly sewer. This is an excellent opportunity for investors, college students or anyone looking to live in affordable housing within the Radnor school district, and walkable access to the train. Downtown Wayne offers plenty of restaurants, bars and shopping options. A "must see" home. Showings begin on Thursday, March 16th. HOA allows 1 cat, no dogs or other pets.

Last Agent to Sell the Property

Lynne Norris

Century 21 Norris-Valley Forge License #AB065051 Listed on: 03/16/2023

Century 21 Norris-Valley Forge

Last Buyer's Agent

Rajan Abraham

VRA Realty License #RS294274

VRA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 1953

Lot Details

  • 10,454

HOA Fees

  • $473 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,048 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Double Hung Windows
  • Living Room
  • Dining Area
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Partially Carpeted
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 097-000
  • Assessor Parcel Number 36-01-00644-38

Community Details

Overview

  • $500 Elevator Use Fee
  • $1,892 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, heat, lawn maintenance, snow removal, trash, water
  • $100 Other One-Time Fees
  • Low-Rise Condominium
  • Norwayne Condominium Association Condos, Phone Number (856) 374-8072
  • Norwayne Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,312

Year Built

Built in 1953

Lot Details

0

HOA Fees

$473 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator- brand new, As Is
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-16
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: A rare chance to own a 2 bedroom condo in desirable Norwayne, within walking distance to downtown Wayne and to the train station. Move-in condition and available for immediate occupancy. Freshly painted and carpeted in neutral colors. Brand new kitchen with white cabinets, shiplap walls, vinyl plank flooring and stainless steel appliances. The spacious, bright living room has sliders that step out to your covered balcony. Two nice sized bedrooms and a modern full bath complete this home. The lower level of this 3 story building offers the community laundry area and assigned storage space. The monthly condo fee includes your heat, trash, water, common area maintenance, lawn care and snow removal. The owner pays for their electric and quarterly sewer. This is an excellent opportunity for investors, college students or anyone looking to live in affordable housing within the Radnor school district, and walkable access to the train. Downtown Wayne offers plenty of restaurants, bars and shopping options. A "must see" home. Showings begin on Thursday, March 16th. HOA allows 1 cat, no dogs or other pets.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 3
  • Flooring Type: Luxury Vinyl Plank, Partially Carpeted
  • Interior Amenities: Ceiling Fan(s), Dining Area, Kitchen - Eat-In
  • Window Features: Double Hung
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 1
  • Basement: No
  • Laundry Type: Common, Lower Floor
  • Total Sq Ft: 1048
  • Living Area Sq Ft: 1048
  • Price Per Sq Ft: 208.02
  • Above Grade Finished Sq Ft: 1048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 412

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 473.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Norwayne Condominium Association
  • Condo Co-Op Phone: 856-374-8072
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Heat, Lawn Maintenance, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 100.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1892.00

Schools

  • School District: RADNOR TOWNSHIP
  • School District Key: 300200397358
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 135780.00
  • Land Assessed Value: 36680.00
  • Land Use Code: R-50
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R50

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 531564
  • School Tax: 2401.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3312.00
  • Assessor Parcel Number: 36-01-00644-38
  • Tax Lot: 097-000
  • Tax Total Finished Sq Ft: 1048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/03/2023

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 17, 2023
Sold by
Ascah Lewis Scott
Bought by
Ayiluri Tarun Reddy
Seller's Agent
Lynne Norris
Century 21 Norris-Valley Forge
Buyer's Agent
Rajan Abraham
VRA Realty
List Price
$218,000
Sold Price
$232,000
Premium/Discount to List
$14,000
6.42%
Views
42
Current Estimated Value
$278,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,324
Avg. Annual Appreciation
7.82%
Original Mortgage
$220,400
Outstanding Balance
$215,232
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$59,992

Purchase Details

Closed on
Mar 10, 1993
Sold by
Douglas Oil & Chemical Company
Bought by
Ascah Heather
Source: Public Records

Range of Values:

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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
Ayiluri Tarun Reddy $232,000 None Listed On Document
Ascah Heather -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayiluri Tarun Reddy $220,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $232,000 +6.4% $221 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $218,000 -- $208 / 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
2024 $3,487 $172,460 $36,680 $135,780
2023 $3,349 $172,460 $36,680 $135,780
2022 $3,312 $172,460 $36,680 $135,780
2021 $5,320 $172,460 $36,680 $135,780
2020 $2,235 $64,240 $25,150 $39,090
2019 $2,172 $64,240 $25,150 $39,090
2018 $2,129 $64,240 $0 $0
2017 $2,085 $64,240 $0 $0
2016 $360 $64,240 $0 $0
2015 $360 $64,240 $0 $0
2014 $360 $64,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2041472

Bright MLS

APN: 36-01-00644-38