NOT LISTED FOR SALE

Estimated Value: $1,096,867 - $1,356,000

4 Beds
3.5 Baths
3,862 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $715,000 $185 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,163/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Culbertson Elementary School Rated A
  • Wood Flooring
  • 3 Car Direct Access Garage

About This Home

As of May 2016

Welcome to 5 Cherry Lane, a stunning Elkins Model brick colonial located within Springton Pointe Estates in sought after Newtown Square. This home has been beautifully maintained inside and out; edged with mature evergreens, shrubs and colorful annual & perennial flowers. Enter the home into the foyer with 2 story ceilings and hardwood floors. Spacious kitchen boasts granite counter tops, island cook top, hardwood floors and an extended "green house" breakfast nook with skylight. The Kitchen also opens to the oversized "trex" Deck, perfect for enjoying summer BBQ's, sunsets and the peaceful serenity of the level backyard. Living room opens to the formal dining room with bay window that brightens the room! Family room offers a picturesque window wall, a cozy fireplace, stairs and balcony view. A music sound system has been installed throughout. Main level is complete with laundry room, office, powder room and access to the 3 car garage. Master suite is everything you could imagine; double door entry, tray ceiling, crown molding, sitting area, giant walk in closet and dressing room and en-suite with soaking tub, new paint, and shower stall! Another bedroom also features a walk in closet and en-suite. 2 additional bedrooms can be found with Jack N' Jill bathroom! Home features a full, walkout basement with tall ceilings. Conveniently located close to shopping, major roadways, schools, and other fantastic local amenities this area has to offer.

Last Agent to Sell the Property

Thomas Toole III

(484) 297-9703 tom@tomtoole.com RE/MAX Main Line-West Chester License #RS228901 Listed on: 02/15/2016

RE/MAX Main Line-West Chester

Last Buyer's Agent

Beth Gallo

(610) 506-5500 bethgallo@kw.com Keller Williams Realty Devon-Wayne License #RS270831

Keller Williams Realty Devon-Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,486

Year Built

  • Built in 1997

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 100x202
  • Cul-De-Sac
  • East Facing Home
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,862 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan
  • Home Security System

Kitchen

  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

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

Utilities

  • Air Filtration System
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Springton Pt Ests Subdivision

Listing and Financial Details

  • Tax Lot 116-000
  • Assessor Parcel Number 30-00-00443-12

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,486

Year Built

Built in 1997

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Attached List
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Dishwasher, Disposal, Trash Compactor, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Attic/House Fan, Sprinkler System, Air Filter System, Stall Shower, Dining Area
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance, Drainage System
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3862
  • Living Area Sq Ft: 3862
  • Net Sq Ft: 3862.00
  • Price Per Sq Ft: 187.73
  • Above Grade Finished Sq Ft: 3862
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Exterior Features: Street Lights, Lawn Sprinkler, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: CULBERTSON
  • High School: MARPLE NEWTOWN
  • Middle Or Junior School: PAXON HOLLOW

Lot Info

  • Lot Features: Cul-De-Sac, Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.60
  • Lot Dimensions: 100X202
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 513029
  • Tax Annual Amount: 11486.00
  • Assessor Parcel Number: 30-00-00443-12
  • Tax Lot: 116-000
  • Tax Year: 2016

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Apr 28, 2016
Sold by
Gray Rosemary A and Gray John M
Bought by
Mattise Michael and Mattise Kristy
Seller's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
Buyer's Agent
Beth Gallo
Keller Williams Realty Devon-Wayne
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$1,190,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,269
Avg. Annual Appreciation
5.37%
Original Mortgage
$572,000
Outstanding Balance
$441,380
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$736,087

Purchase Details

Closed on
Apr 23, 1997
Sold by
Springton Pointe Lp
Bought by
Gray John M and Gray Rosemary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.77%
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
Mattise Michael $715,000 Attorney
Gray John M $460,948 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattise Michael $572,000
Previous Owner Gray John M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $715,000 -1.4% $185 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $725,000 -- $188 / 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 $10,695 $642,660 $182,250 $460,410
2024 $10,695 $642,660 $182,250 $460,410
2023 $10,358 $642,660 $182,250 $460,410
2022 $10,131 $642,660 $182,250 $460,410
2021 $15,488 $642,660 $182,250 $460,410
2020 $11,864 $432,510 $132,790 $299,720
2019 $11,676 $432,510 $132,790 $299,720
2018 $11,549 $432,510 $0 $0
2017 $11,510 $432,510 $0 $0
2016 $2,374 $432,510 $0 $0
2015 $2,422 $432,510 $0 $0
2014 $2,422 $432,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003912623

Bright MLS

APN: 30-00-00443-12