NOT LISTED FOR SALE

5 Hempstead Rd Newtown Square, PA 19073

Estimated Value: $1,106,000 - $1,215,809

4 Beds
4.5 Baths
5,507 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $1,015,000 $184 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,889/month

44 Days on Market

Highlights

  • Dual Staircase
  • Colonial Architecture
  • 1 Fireplace
  • Culbertson Elementary School Rated A
  • Deck
  • Corner Lot

About This Home

As of September 2024

Here’s an opportunity to be just the second owner of this half-acre property in the gorgeous Springton Pointe Estates neighborhood. This spacious 4 bed/4.5 bath home boasts almost 4000 square feet over its two main floors, an attached three-car garage with interior access, and another 1500+square of finished living space in the walk-out lower level. A handsome paver driveway runs between the landscaped front and side yards of this generous corner lot, adding plenty of off-street parking to the 3 garage bays. Inside the front door, the grand foyer has soaring ceilings, an elegant staircase, and light hardwood floors that run through much of the first floor. An adjacent, dedicated office has built-in shelving and an abundance of natural light from a large bay window. The living room and dining room are open to each other, with high ceilings and oversized windows throughout. A spacious white and bright kitchen features a large central island with a cooktop, lots of counter space and cabinetry, and a walk-in pantry offering plenty of extra storage. Open to the kitchen is a great room with lofty two-story ceilings, a back staircase to the second floor, a massive stone fireplace, and an impressive wall of windows. A powder room and laundry room complete the first floor.

All four bedrooms are on the second floor, and each has an attached bathroom; two share the Jack & Jill full bath with double vanity and bathtub, while two have their own en suite. The primary suite features a lovely tray ceiling, an attached sitting area, and an impressive 16x10 walk-in closet. The large en suite bathroom has two separate vanities, a fabulous soaking tub and separate walk-in shower. The massive walk-out finished basement has several rooms, including an entertainment space with a wet bar, a billiards room, plenty of storage, and a full bath. It could easily be converted into an au-pair or in-law suite, and still have room left over. There’s direct, walk out access to a small patio out back and stairs that lead up to a spacious railed deck off the back of the first level. The quiet neighborhood is filled with mature trees and beautifully manicured lawns, and is situated in the highly-rated Marple Newtown School District.

Last Agent to Sell the Property

Cynthia Ridgway

(215) 370-4830 cindy@lowermerionhomes.com Compass RE License #RS321382 Listed on: 06/13/2024

Compass RE

Last Buyer's Agent

Dave Locher

(610) 212-7295 davelocher@gmail.com BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,895

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 155.00 x 150.00
  • Corner Lot
  • Property is zoned R-10

HOA Fees

  • $28 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 144-000
  • Assessor Parcel Number 30-00-01193-52

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,895

Year Built

Built in 1998

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: w/d, refrigerators, as is condition at the time of settlement
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-06-13
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Additional Stairway, Breakfast Area, Ceiling Fan(s), Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Interior Access, Outside Entrance
  • Total Sq Ft: 5722
  • Living Area Sq Ft: 5507
  • Price Per Sq Ft: 275.28
  • Above Grade Finished Sq Ft: 3996
  • Below Grade Finished Sq Ft: 1511
  • Below Grade Sq Ft: 215
  • Total Below Grade Sq Ft: 1726
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 330.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Dimensions: 155.00 x 150.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning: R-10
  • Zoning Description: Single Family

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 7600.00
  • Tax Annual Amount: 10895.00
  • Assessor Parcel Number: 30-00-01193-52
  • Tax Lot: 144-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 9, 2024
Sold by
Whitaker Joe and Whitaker Mary
Bought by
Finklestein Scott and Costello Pamela
Seller's Agent
Cynthia Ridgway
Compass RE
Buyer's Agent
Dave Locher
BHHS Fox & Roach-Haverford
List Price
$1,100,000
Sold Price
$1,015,000
Premium/Discount to List
-$85,000
-7.73%
Views
41
Current Estimated Value
$1,149,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,952
Avg. Annual Appreciation
9.61%
Original Mortgage
$710,500
Outstanding Balance
$702,498
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$447,454

Purchase Details

Closed on
Oct 30, 1998
Sold by
Springton Pointe Lp
Bought by
Whitaker Joe and Whitaker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Finklestein Scott $1,015,000 None Listed On Document
Whitaker Joe $472,818 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finklestein Scott $710,500
Previous Owner Whitaker Joe $378,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $1,015,000 -7.7% $184 / Sq Ft
06/13/2024 06/13/24 For Sale $1,100,000 -- $200 / 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 $10,895 $654,710 $179,800 $474,910
2024 $10,895 $654,710 $179,800 $474,910
2023 $10,552 $654,710 $179,800 $474,910
2022 $10,321 $654,710 $179,800 $474,910
2021 $15,778 $654,710 $179,800 $474,910
2020 $12,483 $455,080 $132,330 $322,750
2019 $12,285 $455,080 $132,330 $322,750
2018 $12,151 $455,080 $0 $0
2017 $12,111 $455,080 $0 $0
2016 $2,548 $455,080 $0 $0
2015 $2,548 $455,080 $0 $0
2014 $2,548 $455,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2069342

Bright MLS

APN: 30-00-01193-52