NOT LISTED FOR SALE

5 Gershwin Dr West Chester, PA 19380

Estimated Value: $1,852,387 - $2,023,000

4 Beds
5.5 Baths
8,503 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,400,110 $165 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $12,559/month

Highlights

  • New Construction
  • Eat-In Gourmet Kitchen
  • Curved or Spiral Staircase
  • Fern Hill Elementary School Rated A
  • Open Floorplan
  • Recreation Room

About This Home

As of March 2021

Welcome to the Estate Homes at Geystone. 28 luxury estate homes nestled among lakes, trails and a nature preserve near the West Chester Borough. You ll know as soon as you ve walked into the Monticello II at Greystone that you ve come across something special. The grand foyer greets you with an elegant curved staircase winding up to the second floor. To each side are the spacious living room and dining room for formal entertaining. A study, featuring double-doors, provides a private yet accessible place to work from home. An enormous two-story family room welcomes you with a cozy fireplace. The dinette flows into a gourmet kitchen featuring a walk-in pantry and huge center Island, as well as an included morning room for even more light and room for entertaining. An optional built-in hutch and butler s pantry provide more storage and prep space. A family entry, with built-in arrival center, closet, and bulk pantry, is convenient to the 3-car garage. Upstairs the options for customizing continue, with many floor configurations to choose from. No matter what you choose, though, you re sure to have a magnificent owner s suite with soaking tub, shower, dual vanities and dual closets. An optional sitting room and covered porch, with a fantastic double-sided fireplace, will create a cozy addition to your suite. Your second floor will feature a generous laundry with optional laundry tub. Every bedroom can have its own en suite bath and walk-in closet. Enjoy your included finished basement with full bath, where the options are endless - wet bar, fitness room, move theater, game room or home office. The Monticello II at Greystone has many stately elevations and finishes to choose from, all of which reflect the grandeur and elegance within.

Last Agent to Sell the Property

Karen Helveston

NVR, INC. Listed on: 08/03/2020

Last Buyer's Agent

Pallavi Nadkarni

Keller Williams Real Estate-Blue Bell

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,075

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.57 Acre Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding
  • Brick Front
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Laundry on upper level
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Soaking Tub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Grinder Pump

Listing and Financial Details

  • Tax Lot NVPGS0026
  • Assessor Parcel Number 52-3J-26

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance
  • Built by NVHomes
  • Greystone Subdivision, Monticello Ii Floorplan

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,075

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$98 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the Estate Homes at Geystone. 28 luxury estate homes nestled among lakes, trails and a nature preserve near the West Chester Borough. You ll know as soon as you ve walked into the Monticello II at Greystone that you ve come across something special. The grand foyer greets you with an elegant curved staircase winding up to the second floor. To each side are the spacious living room and dining room for formal entertaining. A study, featuring double-doors, provides a private yet accessible place to work from home. An enormous two-story family room welcomes you with a cozy fireplace. The dinette flows into a gourmet kitchen featuring a walk-in pantry and huge center Island, as well as an included morning room for even more light and room for entertaining. An optional built-in hutch and butler s pantry provide more storage and prep space. A family entry, with built-in arrival center, closet, and bulk pantry, is convenient to the 3-car garage. Upstairs the options for customizing continue, with many floor configurations to choose from. No matter what you choose, though, you re sure to have a magnificent owner s suite with soaking tub, shower, dual vanities and dual closets. An optional sitting room and covered porch, with a fantastic double-sided fireplace, will create a cozy addition to your suite. Your second floor will feature a generous laundry with optional laundry tub. Every bedroom can have its own en suite bath and walk-in closet. Enjoy your included finished basement with full bath, where the options are endless - wet bar, fitness room, move theater, game room or home office. The Monticello II at Greystone has many stately elevations and finishes to choose from, all of which reflect the grandeur and elegance within.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Stainless Steel Appliances, Water Heater
  • Interior Amenities: Additional Stairway, Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Curved Staircase, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Wood Floors, Bathroom - Soaking Tub
  • Window Features: Double Pane, Energy Efficient, Low-E, Screens
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Study, Recreation Room, Bonus Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 8503
  • Living Area Sq Ft: 8503
  • Price Per Sq Ft: 246.07
  • Above Grade Finished Sq Ft: 5690
  • Below Grade Finished Sq Ft: 2813
  • Total Below Grade Sq Ft: 2813
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Hardiplank Type, Stone, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer, Grinder Pump
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 98.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25000.00
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: NVHomes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 52-3J-26
  • Tax Lot: NVPGS0026
  • Tax Year: 2021
  • Close Date: 03/17/2021

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Mar 4, 2021
Sold by
Nvr Inc
Bought by
Masani Adil R and Masani Nivedita Adil
Seller's Agent
Karen Helveston
NVR, INC.
Buyer's Agent
Pallavi Nadkarni
Keller Williams Real Estate-Blue Bell
List Price
$1,375,000
Sold Price
$1,400,110
Premium/Discount to List
$25,110
1.83%
Current Estimated Value
$1,964,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,352
Avg. Annual Appreciation
8.08%
Original Mortgage
$980,077
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2020
Sold by
Rld Greystone Llc
Bought by
Nvr Inc
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
Masani Adil R $1,400,110 None Available
Nvr Inc $735,000 Nvr Settlement Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masani Adil R $240,000
Previous Owner Masani Adil R $980,077
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $1,400,110 +1.8% $165 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $1,375,000 -- $162 / 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 $19,075 $658,050 $107,010 $551,040
2023 $19,075 $658,050 $107,010 $551,040
2022 $18,828 $658,050 $107,010 $551,040
2021 $1,245 $44,130 $44,130 $0
2020 $1,237 $44,130 $44,130 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT512922

Bright MLS

APN: 52-03J-0026.0000