NOT LISTED FOR SALE

Estimated Value: $614,000 - $679,000

2 Beds
2.5 Baths
1,962 Sq Ft
$689/mo HOA Fee

Last Sold September 13, 2021

Last sale price $550,000 $280 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,941/month

1 Day on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Culbertson Elementary School Rated A
  • View of Trees or Woods
  • Clubhouse

About This Home

As of September 2021

Welcome to 419 Cornerstone Drive. This well maintained home offers 1996 square feet of living space. The home shows like a model with and is truly move-in. Terrazza is the perfect option for someone looking to downsize without compromising on space. There are 2 large bedrooms, den, gourmet kitchen, Living room with gas fireplace and and an formal dining room large enough for hosting family dinners. The master bedroom has 2 walk-in closets and an en-suite bath with double vanity and large walk-in shower, Bedroom 2 also has walk-in closet and en suite bath. The cozy den is currently utilized as a home office. Off the kitchen is a spacious laundry room offering additional storage. The unit has wood floors in the main living area and carpet in both bedrooms. The unit is being sold with 2 spaces in the parking garage and a large storage room on the main hallway. Terrazza offers a fabulous clubhouse with a full fitness center, library, billiards, and barbecue area. There is also a community tennis court and pool area with a separate pool house. Terrazza is conveniently located 10 minutes from the heart of Bryn Mawr and 15 minutes to the Phila airport. The Newtown Town center with a Hilton Hotel, Whole Foods Market and many shops and restaurants is just 2 blocks away. This corner unit home overlooks the beautiful Terrazza Terrace and woods on the other side. Truly a beautiful and peaceful setting. This home has it all!

Last Agent to Sell the Property

MICHAEL GUTKIND

BHHS Fox & Roach-Haverford License #RS186985L Listed on: 12/07/2020

BHHS Fox & Roach-Haverford

Co-Listed By

Jon Gutkind

BHHS Fox & Roach-Haverford License #RS321456

Last Buyer's Agent

Lay Gauv

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,475

Year Built

  • Built in 2008

Lot Details

  • 1,742

HOA Fees

  • $689 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Assigned parking located at #18 and 20

Property Views

  • Woods
  • Courtyard

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Masonry

Interior Spaces

  • 1,962 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Hung Windows
  • Formal Dining Room
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Front Loading Washer

Schools

  • Culbertson Elementary School
  • Paxon Hollow Middle School
  • Marple Newtown High School

Utilities

  • Forced Air Heating and Cooling System
  • 60 Gallon+ Electric Water Heater

Additional Features

  • Outdoor Grill
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 015-400
  • Assessor Parcel Number 30-00-01721-44

Community Details

Overview

  • $500 Elevator Use Fee
  • $2,000 Capital Contribution Fee
  • Association fees include trash, all ground fee, common area maintenance, exterior building maintenance, recreation facility, reserve funds, road maintenance, snow removal
  • 1 Elevator
  • Terrazza Community Association
  • Low-Rise Condominium
  • Built by Cornerstone Communities
  • Terrazza Newtown Sqr Subdivision, Fernleigh Floorplan
  • Terrazza At Newtown Square Community
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,475

Year Built

Built in 2008

Lot Details

0

HOA Fees

$689 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: wall hung flat screen in LR and Bedrooms
  • Historic: No
  • Inclusions: Washer, dryer, refrigerator, wall hung flat screen in kitchen
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Assigned Parking Space Numbers: 18 and 20
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer - Electric, Dishwasher, Icemaker, Instant Hot Water, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1962
  • Living Area Sq Ft: 1962
  • Price Per Sq Ft: 280.33
  • Above Grade Finished Sq Ft: 1962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 419

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Exterior Features: Bbq Grill, Street Lights, Tennis Court(s)
  • Roof: Shingle
  • Spa: No
  • View: Trees/Woods, Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: 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: 60+ Gallon Tank, Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 689.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Trash, All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: TERRAZZA COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District: MARPLE NEWTOWN
  • Elementary School: CULBERTSON
  • Middle School: PAXON HOLLOW
  • High School: MARPLE NEWTOWN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397356
  • School District Source: Listing Agent
  • Elementary School: CULBERTSON
  • High School: MARPLE NEWTOWN
  • Middle Or Junior School: PAXON HOLLOW

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R-50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1960.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • Zoning Description: residential

Building Info

  • Builder Name: Cornerstone Communities

Rental Info

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

Tax Info

  • School Tax: 5208.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 7475.00
  • Assessor Parcel Number: 30-00-01721-44
  • Tax Lot: 015-400
  • Tax Total Finished Sq Ft: 1962
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/13/2021

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Aug 24, 2021
Sold by
Sarkissian Victor and Sarkissian Stephanie
Bought by
Davis Arthur and Davis Susan
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
Lay Gauv
EXP Realty, LLC
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$650,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,498
Avg. Annual Appreciation
3.73%

Purchase Details

Listed on
Dec 13, 2012
Closed on
Dec 27, 2013
Sold by
Meltzer Albert S and Meltzer Beverly L
Bought by
Sarkissian Victor and Sarkissian Stephanie
Seller's Agent
Linda Fairstone
Compass RE
Buyer's Agent
Linda Fairstone
Compass RE
List Price
$535,000
Sold Price
$505,000
Premium/Discount to List
-$30,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$150,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2008
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Meltzer Albert S and Meltzer Beverly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Arthur $550,000 City Abstract
Sarkissian Victor $505,000 None Available
Meltzer Albert S $526,752 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarkissian Victor $150,000
Previous Owner Meltzer Albert S $258,750
Previous Owner Meltzer Albert S $272,275
Previous Owner Meltzer Albert S $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $550,000 0.0% $280 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $550,000 +8.9% $280 / Sq Ft
12/27/2013 12/27/13 Sold $505,000 -3.8% $250 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
08/26/2013 08/26/13 Price Changed $525,000 +2.9% $260 / Sq Ft
05/10/2013 05/10/13 Price Changed $510,000 -4.7% $252 / Sq Ft
12/13/2012 12/13/12 For Sale $535,000 -- $264 / 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 $7,903 $474,890 $88,290 $386,600
2023 $7,654 $474,890 $88,290 $386,600
2022 $7,486 $474,890 $88,290 $386,600
2021 $11,445 $474,890 $88,290 $386,600
2020 $8,424 $307,097 $99,020 $208,077
2019 $8,290 $307,097 $99,020 $208,077
2018 $8,200 $307,097 $0 $0
2017 $8,173 $307,097 $0 $0
2016 $1,685 $307,097 $0 $0
2015 $1,720 $307,097 $0 $0
2014 $1,685 $307,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE536380

Bright MLS

APN: 30-00-01721-44