NOT LISTED FOR SALE

Estimated Value: $576,000 - $705,000

2 Beds
2 Baths
1,687 Sq Ft
$585/mo HOA Fee

Last Sold January 10, 2022

Last sale price $484,000 $287 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,532/month

41 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Clubhouse
  • Culbertson Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2022

Welcome home to this upgraded 2nd floor Carlton model at luxurious Terrazza at Newtown Square ! Seller will PAY the special assessment fee ending in 2023 !! The Carlton features 6 large rooms with 2 bedrooms, 2 full baths . Enter this home through the foyer which opens into a spacious great room with gas fire-place. The kitchen is open and spacious with a pantry closet, lots of cabinet/counter top space for all of your cooking needs . Stainless steel appliances, granite counters, and breakfast bar. The large dining room offers plenty of space to entertain family & friends. The primary bed room features a large walk- in closet and en-suite bath with double vanity, large soaking tub and oversized stall shower. The den/office is located off the great room and could also function as a 3rd bed room. A generous sized 2nd bed with walk-in closet. Plenty of windows to bring in beautiful natural light ! There is a large terrace off the great room that you can enjoy in the warm weather ! Underground parking and storage. Terrazza is located just around the corner from the new Newtown Town Center and located within minutes of I-476, I-95, and 15 minutes to the airport. Enjoy maintenance free living, clubhouse, steam room, tennis, and outdoor pool. Luxury living at it's finest !

Last Agent to Sell the Property

Danielle Giangreco

Compass RE Listed on: 10/29/2021

Compass RE

Last Buyer's Agent

Patti Rodgers Morrisette

Long & Foster Real Estate, Inc. License #RS273102

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Shingle Roof
  • Masonry

Interior Spaces

  • 1,687 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Six Panel Doors
  • Formal Dining Room
  • Front Loading Dryer

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Marple Newtown High School

Utilities

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

Listing and Financial Details

  • Tax Lot 015-400
  • Assessor Parcel Number 30-00-01721-49

Community Details

Overview

  • $500 Elevator Use Fee
  • $2,000 Capital Contribution Fee
  • Association fees include common area maintenance, reserve funds, road maintenance, snow removal, trash, water
  • Terrazza Community Association
  • Low-Rise Condominium
  • Built by CORNERSTONE
  • Terrazza Newtown Sqr Subdivision, Carlton Floorplan
  • Terrazza At Newtown Square Community
  • Property Manager

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,089

Year Built

Built in 2008

Lot Details

0

HOA Fees

$585 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Exclusions: Chandeliers in Master bath, master bed room, foyer, dining room. Light in office
  • Historic: No
  • Inclusions: Washer Dryer Refrigerator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-29
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this upgraded 2nd floor Carlton model at luxurious Terrazza at Newtown Square ! Seller will PAY the special assessment fee ending in 2023 !! The Carlton features 6 large rooms with 2 bedrooms, 2 full baths . Enter this home through the foyer which opens into a spacious great room with gas fire-place. The kitchen is open and spacious with a pantry closet, lots of cabinet/counter top space for all of your cooking needs . Stainless steel appliances, granite counters, and breakfast bar. The large dining room offers plenty of space to entertain family & friends. The primary bed room features a large walk- in closet and en-suite bath with double vanity, large soaking tub and oversized stall shower. The den/office is located off the great room and could also function as a 3rd bed room. A generous sized 2nd bed with walk-in closet. Plenty of windows to bring in beautiful natural light ! There is a large terrace off the great room that you can enjoy in the warm weather ! Underground parking and storage. Terrazza is located just around the corner from the new Newtown Town Center and located within minutes of I-476, I-95, and 15 minutes to the airport. Enjoy maintenance free living, clubhouse, steam room, tennis, and outdoor pool. Luxury living at it's finest !
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven - Self Cleaning, Range Hood, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Carpet, Crown Moldings, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Pantry, Sprinkler System
  • Window Features: Energy Efficient
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Total Sq Ft: 1687
  • Living Area Sq Ft: 1687
  • Price Per Sq Ft: 290.40
  • Above Grade Finished Sq Ft: 1687
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 425

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: Masonry
  • Exterior Features: Bbq Grill, Exterior Lighting, Lawn Sprinkler, Sidewalks, Street Lights, Tennis Court(s), Underground Lawn Sprinkler, Water Fountains
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Attached Garage

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
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 584.78
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA Name: TERRAZZA COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District: MARPLE NEWTOWN
  • High School: MARPLE NEWTOWN
  • School District Key: 300200397356
  • School District Source: Listing Agent
  • High School: MARPLE NEWTOWN

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: 13
  • R Factor Ext Walls: 13

Lot Info

  • Land Use Code: R-50
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: CORNERSTONE

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5575515
  • Tax Annual Amount: 6089.00
  • Assessor Parcel Number: 30-00-01721-49
  • Tax Lot: 015-400
  • Tax Total Finished Sq Ft: 1687
  • Tax Year: 2021
  • Close Date: 01/10/2022

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Jan 6, 2022
Sold by
Joanne Schwartz
Bought by
Boyle Louise F
Seller's Agent
Danielle Giangreco
Compass RE
Buyer's Agent
Patti Rodgers Morrisette
Long & Foster Real Estate, Inc.
List Price
$499,900
Sold Price
$484,000
Premium/Discount to List
-$15,900
-3.18%
Current Estimated Value
$625,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,758
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 7, 2019
Sold by
Spencer Cheryl D and Spencer Meredith Hugh
Bought by
Schwartz Joanne
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
Danielle Giangreco
Compass RE
List Price
$445,000
Sold Price
$440,000
Premium/Discount to List
-$5,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$374,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2011
Sold by
Faust William E
Bought by
Spencer Cheryl D Trust and Spencer Meredith Hugh Trustee

Purchase Details

Closed on
Jun 30, 2009
Sold by
Cornerstone Newtown Square Associates Lp
Bought by
Faust William E and Faust Laura A
Source: Public Records

Range of Values:

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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
Boyle Louise F $484,000 Sage Premier Settlements
Schwartz Joanne $440,000 Title Services
Spencer Cheryl D Trust $425,000 --
Faust William E $448,446 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Joanne $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $484,000 -1.2% $287 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/07/2021 12/07/21 Price Changed $489,900 -2.0% $290 / Sq Ft
11/05/2021 11/05/21 For Sale $499,900 0.0% $296 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $499,900 +13.6% $296 / Sq Ft
06/07/2019 06/07/19 Sold $440,000 -1.1% $261 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $445,000 -- $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
2025 $6,438 $386,840 $86,670 $300,170
2024 $6,438 $386,840 $86,670 $300,170
2023 $6,235 $386,840 $86,670 $300,170
2022 $6,098 $386,840 $86,670 $300,170
2021 $9,323 $386,840 $86,670 $300,170
2020 $7,172 $261,452 $98,970 $162,482
2019 $7,058 $261,452 $98,970 $162,482
2018 $6,981 $261,452 $0 $0
2017 $6,958 $261,452 $0 $0
2016 $1,435 $261,452 $0 $0
2015 $1,435 $261,452 $0 $0
2014 $1,435 $261,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2009868

Bright MLS

APN: 30-00-01721-49