NOT LISTED FOR SALE

5 Madison Ln Wayne, PA 19087

Estimated Value: $1,507,000 - $2,408,000

3 Beds
3.5 Baths
5,646 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $1,200,000 $213 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,757/month

84 Days on Market

Highlights

  • Commercial Range
  • Carriage House
  • Cathedral Ceiling
  • Wayne Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of August 2018

Strafford Villa is a Luxury Townhome Community in a perfect Walk to Wayne location. This exclusive enclave of 11 custom carriage homes is available for the first time since it was offered as new construction. This two year young end-unit is immersed with builder options and upgrades, perfect for today's discernable buyer. The heart of the home is the second floor, easily accessible via the elevator or the wide hardwood staircase. Here you could enjoy the open floor plan and host parties your friends will not soon forget! The granite center island has ample seating and stainless steel sink. The gourmet kitchen features a 6 burner Wolf stove, Bosch dishwasher and sharp microwave drawer. Natural light illumes the built-in kitchnette seating in the breakfast area adjacent to the French doors that lead to the Trex deck with gas grill hook-up. Coffered ceilings with molding accents continue from the kitchen to the family room with gas fireplace, hardwood floors and French doors to the deck. Off the kitchen is the dining room with abundant natural light and french doors for an evening breeze while dining. A private office and powder room complete this floor. Owners can take the elevator with direct access to the Master Suite. The suite features enormous his and hers walk-in closets, a soaking tub, private water closet and seamless glass shower with three water heads and marble seating. Walk out of the master bedroom through the double doors to the hallway leading to a second generous size ensuite bedroom. The ground floor is not to be missed. Park in the double car garage or in your private driveway. Decide whether to take the stairs or the elevator, or simply walk out to your covered patio and enjoy the fresh air. This floor also contains the third ensuite bedroom, perfect for family and guests. There is ample storage in the lower egressed basement, also with an additional elevator stop. Enjoy peace of mind of the security and sprinkling systems. All of this within walking distance to downtown Wayne and Eagle Village Shops. Enjoy maintenance free living in a most desirable location with easy access to shopping, dining, public transportation and highways. Come and delight in the lifestyle you deserve! Please contact listing agent for a private showing. Buyer/Capital contribution $1,000.

Last Agent to Sell the Property

Wendy Civitella

(610) 999-3094 Wendy.Civitella@foxroach.com BHHS Fox & Roach-Rosemont Listed on: 04/02/2018

BHHS Fox & Roach-Rosemont

Co-Listed By

Anthony Ryan

(484) 410-5840 tony.ryan@foxroach.com BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Erica Lundmark

(484) 378-1815 erica@thelundmarkgroup.com Coldwell Banker Realty License #AB069154

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,420

Year Built

  • Built in 2016

Lot Details

  • 1,398 Sq Ft Lot
  • Sprinkler System
  • Back and Side Yard
  • Property is in good condition

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Carriage House
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 5,646 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Wayne Elementary School
  • Radnor Middle School
  • Radnor High School

Utilities

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

Community Details

  • $1,000 Other One-Time Fees

Listing and Financial Details

  • Tax Lot 262-007
  • Assessor Parcel Number 36-01-00537-08

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,420

Year Built

Built in 2016

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Carriage House
  • Ownership: Condominium
  • Exclusions: See Agent
  • Inclusions: See Agent
  • New Construction: No
  • Year Built: 2016
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Sprinkler System, Elevator, Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 5646
  • Living Area Sq Ft: 5646
  • Net Sq Ft: 5646.00
  • Price Per Sq Ft: 230.07
  • Above Grade Finished Sq Ft: 5646
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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: 1650.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time

Schools

  • Elementary School: WAYNE
  • High School: RADNOR
  • Middle Or Junior School: RADNOR

Lot Info

  • Lot Features: Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1398.00
  • Outdoor Living Structures: Deck(s), Patio(s), Balcony
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 8962411
  • Tax Annual Amount: 25420.00
  • Assessor Parcel Number: 36-01-00537-08
  • Tax Lot: 262-007
  • Tax Year: 2018

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
115 Strafford Avenue Llc
Bought by
115 Strafford Avenue Hoa Inc
Current Estimated Value
$1,824,735

Purchase Details

Listed on
Apr 2, 2018
Closed on
Aug 15, 2018
Sold by
Cremona Richard S and Cremona Janet L
Bought by
Burns John F and Burns Mary W
Seller's Agent
Wendy Civitella
BHHS Fox & Roach-Rosemont
Buyer's Agent
Erica Lundmark
Coldwell Banker Realty
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Dec 11, 2014
Sold by
115 Straford Avenue Llc
Bought by
Cremona Richard S and Cremona Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
115 Strafford Avenue Hoa Inc -- None Available
Burns John F $1,200,000 Primary Abstract Llc
Cremona Richard S $1,357,650 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cremona Richard S $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $1,200,000 -7.6% $213 / Sq Ft
08/16/2018 08/16/18 Price Changed $1,299,000 0.0% $230 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/26/2018 05/26/18 Price Changed $1,299,000 -7.1% $230 / Sq Ft
04/02/2018 04/02/18 For Sale $1,399,000 -- $248 / 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 $19,290 $954,100 $253,620 $700,480
2024 $19,290 $954,100 $253,620 $700,480
2023 $24,271 $1,250,000 $253,620 $996,380
2022 $24,006 $1,250,000 $253,620 $996,380
2021 $38,561 $1,250,000 $253,620 $996,380
2020 $23,544 $676,800 $250,760 $426,040
2019 $25,490 $754,000 $250,760 $503,240
2018 $24,990 $754,000 $0 $0
2017 $24,467 $754,000 $0 $0
2016 $4,138 $1,059,110 $0 $0
2015 $5,931 $250,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000332120

Bright MLS

APN: 36-01-00537-08