533 Waters Edge Unit 50 Newtown Square, PA 19073
Newtown Square NeighborhoodEstimated Value: $516,000 - $620,000
3
Beds
2.5
Baths
3,316
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Open Floorplan
- Contemporary Architecture
- Culbertson Elementary School Rated A
- Deck
- Property is near a park
About This Home
As of August 2022Come see the most open floor plan available at The Villages of Earles Lake, a 59 unit condominium community in a very private and bucolic setting! This 3 story End Unit is located in one of two villages that offers only 24 units of spacious townhomes, convenience to major routes, downtown Wayne, Bryn Mawr and only 20 minutes to the Philadelphia International Airport.
The 28 year old home and location challenge any of the new construction in neighboring townhouse communities selling for $100-200K higher.
Major renovation occurred when 2 owner's ago >$175K was spent on updating this home.
The 2 story Entrance Hall with Powder Room access, is filled with light from a Skylight and Palladian window and prepares you for what is to come.
A gourmet Kitchen features Custom cabinetry, Wine Cooler, Bosch, Dacor and GE Momogram Appliances, Granite countertops and backsplashes and a recent Custom Pantry addition. The sun filled Great Room enjoys the Gas Fireplace, Vaulted and Domed ceilings, more Skylights, a Window Seat, and incredible views of the outside. 3 sets of Sliders from Dining and Media areas exit to the wrap around Deck which overlooks breathtaking woods and greenery.
2.5 Bathrooms, neutrally appointed, offer updated countertops, floating sinks and commodes and upgraded ceramics. 3 Bedrooms, the Primary Bedroom recently finished with a $4K Lazure paint application, features generous closet spaces and upgraded Maple flooring.
The dramatic second story Loft, now servicing as an Office/Peloton area, creates peaceful space for work and or play as one views again the surrounding nature.
A lower, Daylight Level, can easily lend itself to In-Law or Au pair quarters. It includes an additional Family Room with built-ins, Tub shower Bathroom, Laundry , 2 Bedrooms, multiple Storage Closets and Utilities.
Whether you need Office or Bedroom etc., the sunlit exposure shines thru and thru this level.
An attached Garage accesses from the Entrance Hall and generous parking is available at this cul de sac location.
HVAC, Electric Service, Hot Water Heater, and the Water filtration system are all less than 4 years old.
Soaring ceilings, Palladian windows, Skylights galore, specialty Hardwood floors, Open staircases with glass panels, Recessed lights, and custom Mill work/built-ins further enhance 533 Waters Edge and truly add to this homes unique architecture!
Last Agent to Sell the Property
RE/MAX Preferred - Newtown Square License #RA132521 Listed on: 06/23/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,612
Year Built
- Built in 1994
Lot Details
- Backs To Open Common Area
- Cul-De-Sac
- Secluded Lot
- Wooded Lot
- Backs to Trees or Woods
- Back and Side Yard
- Property is in excellent condition
HOA Fees
- $345 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Asphalt Roof
- Stone Siding
- Concrete Perimeter Foundation
- Chimney Cap
- Stucco
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Two Story Ceilings
- Skylights
- 1 Fireplace
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Attic
Kitchen
- Gourmet Kitchen
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Basement
- Heated Basement
- Walk-Out Basement
- Exterior Basement Entry
- Natural lighting in basement
Home Security
Outdoor Features
- Deck
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
Schools
- Culbertson Elementary School
- Marple Newtown High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 30-00-00995-51
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include common area maintenance, insurance, lawn maintenance, management, snow removal, trash
- Newtown Sq Subdivision
Pet Policy
- Pets Allowed
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2022
Closed on
Aug 17, 2022
Sold by
Gorman Glenn H
Bought by
Sedaghat Shabnam and Khorram Ali
Seller's Agent
Karen McFadden
RE/MAX Preferred - Newtown Square
Buyer's Agent
Tom Lowy
Keller Williams Realty Devon-Wayne
List Price
$529,900
Sold Price
$500,000
Premium/Discount to List
-$29,900
-5.64%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,185
Avg. Annual Appreciation
3.61%
Original Mortgage
$360,000
Outstanding Balance
$345,208
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$206,364
Purchase Details
Listed on
Sep 8, 2015
Closed on
Dec 30, 2015
Sold by
Glazerman Larry and Glazerman Joa
Bought by
Goman Glen H and Tomarchio Gail F
Seller's Agent
Betsy Cohen
BHHS Fox & Roach Malvern-Paoli
Buyer's Agent
LIZ FONDREN
BHHS Fox & Roach-Haverford
List Price
$469,000
Sold Price
$461,500
Premium/Discount to List
-$7,500
-1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$356,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 15, 2012
Closed on
Oct 10, 2012
Sold by
The Pfau Declaration Of Trust
Bought by
Glazerman Larry and Glazerman Joan
Seller's Agent
Donna McCole
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Betsy Cohen
BHHS Fox & Roach Malvern-Paoli
List Price
$575,000
Sold Price
$443,000
Premium/Discount to List
-$132,000
-22.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%
Original Mortgage
$398,700
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2003
Sold by
Stetson John B and Stetson Solveig W
Bought by
Pfau Robert Gorden and Pfau Patricia Arlene
Purchase Details
Closed on
Dec 16, 1994
Sold by
Vel Inc
Bought by
Stetson John B and Stetson Solveig W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
9.19%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sedaghat Shabnam | $500,000 | Devon Abstract Llc | |
| Goman Glen H | $461,500 | None Available | |
| Glazerman Larry | $443,000 | First American Title Ins Co | |
| Pfau Robert Gorden | $425,000 | Commonwealth Title | |
| Stetson John B | $299,900 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sedaghat Shabnam | $360,000 | |
| Previous Owner | Gorman Glenn H | $322,255 | |
| Previous Owner | Goman Glen H | $356,000 | |
| Previous Owner | Glazerman Larry | $398,700 | |
| Previous Owner | Stetson John B | $239,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2022 08/24/22 | Sold | $500,000 | -5.6% | $151 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $529,900 | +14.8% | $160 / Sq Ft |
| 01/15/2016 01/15/16 | Sold | $461,500 | -1.6% | $199 / Sq Ft |
| 09/14/2015 09/14/15 | Pending | -- | -- | -- |
| 09/08/2015 09/08/15 | For Sale | $469,000 | +5.9% | $203 / Sq Ft |
| 10/22/2012 10/22/12 | Sold | $443,000 | -1.6% | $191 / Sq Ft |
| 10/07/2012 10/07/12 | Pending | -- | -- | -- |
| 09/16/2012 09/16/12 | Price Changed | $450,000 | -9.1% | $194 / Sq Ft |
| 08/15/2012 08/15/12 | Price Changed | $495,000 | -4.8% | $214 / Sq Ft |
| 04/27/2012 04/27/12 | Price Changed | $519,900 | -9.6% | $224 / Sq Ft |
| 04/15/2012 04/15/12 | For Sale | $575,000 | -- | $248 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,925 | $356,040 | $74,530 | $281,510 |
| 2023 | $5,738 | $356,040 | $74,530 | $281,510 |
| 2022 | $5,613 | $356,040 | $74,530 | $281,510 |
| 2021 | $8,580 | $356,040 | $74,530 | $281,510 |
| 2020 | $6,025 | $219,650 | $52,980 | $166,670 |
| 2019 | $5,930 | $219,650 | $52,980 | $166,670 |
| 2018 | $5,865 | $219,650 | $0 | $0 |
| 2017 | $5,846 | $219,650 | $0 | $0 |
| 2016 | $1,205 | $219,650 | $0 | $0 |
| 2015 | $1,230 | $219,650 | $0 | $0 |
| 2014 | $1,205 | $219,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen McFadden
Seller's Agent in 2022
Karen McFadden
RE/MAX
(610) 420-3761
6 in this area
19 Total Sales
-
Tom Lowy
Buyer's Agent in 2022
Tom Lowy
Keller Williams Realty Devon-Wayne
(610) 909-3432
4 in this area
66 Total Sales
-
Betsy Cohen
Seller's Agent in 2016
Betsy Cohen
BHHS Fox & Roach
(610) 247-0134
2 in this area
85 Total Sales
-
LIZ FONDREN
Buyer's Agent in 2016
LIZ FONDREN
BHHS Fox & Roach
(610) 585-4595
1 in this area
34 Total Sales
-
Donna McCole
Seller's Agent in 2012
Donna McCole
BHHS Fox & Roach
(610) 213-6900
32 in this area
93 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2028134
APN: 30-00-00995-51
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