NOT LISTED FOR SALE

Estimated Value: $566,000 - $783,806

3 Beds
2 Baths
1,765 Sq Ft
1,786 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $714,995 $405 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,280/month

Highlights

  • Bar or Lounge
  • Fitness Center
  • No Units Above
  • Candlebrook Elementary School Rated A
  • Penthouse
  • Panoramic View

About This Home

As of January 2023

This is a RARE 3 bedroom, 2 bath corner unit with a balcony and 2 deeded parking spaces. 575 South is a boutique condominium community of 60 residences located just steps away from the King of Prussia Town Center at The Village at Valley Forge. Unit 512 is a three-bedroom, two-bathroom unit on the fifth floor. Finishes include 8" white oak floors throughout the entire unit, upgraded white soft close drawers and door cabinetry in the kitchen, Quartz counter-tops in the kitchen and master bath, Kitchen Aid oven, microwave, dishwasher, and refrigerator, plus so much more. Tenants and residents of 575 South will enjoy fantastic on-site amenities to further enhance their lifestyle. Amenities include a rooftop lounge, theater room, golf simulator, lounge area with dual sided fireplace with wet bar and multiple areas to enjoy with your friends and family after a night out in the Town Center. As part of The Village at Valley Forge, 575 South boasts an excellent location for enjoying upscale shopping and dining experiences, all within walking distance. The community is also convenient to major highways including I-76, I-476, Routes 422, 202, and the PA Turnpike. This is truly a unique opportunity to own a top floor corner unit with private parking and access to the finest lifestyle enhancements. Some of the additional amenities include a private garage with 2 private parking spots and surface parking, attended lobby, bike storage, and more.

Last Agent to Rent the Property

Michael D'Adamo

(610) 420-6678 michaeldadamo@comcast.net RE/MAX Preferred - Newtown Square License #RM425162 Listed on: 11/18/2022

RE/MAX Preferred - Newtown Square

Last Renter's Agent

Marie Henderson

(610) 761-4440 marie@mariehendersongroup.com Compass RE License #RS227456L

Compass RE

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,704

Year Built

  • Built in 2020

Lot Details

  • No Units Above
  • Extensive Hardscape
  • Property is in excellent condition

Parking

  • Assigned parking located at #25
  • Oversized Parking
  • Garage Door Opener
  • Parking Lot

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,765 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Living Room
  • Flood Lights

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • Caley Elementary School
  • Upper Merion Middle School
  • Upper Merion High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,500
  • Tenant pays for electricity, cable TV, heat, hot water, all utilities, water
  • Rent includes hoa/condo fee, gas
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 11/18/22
  • Assessor Parcel Number 58-00-17492-627

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include alarm system, common area maintenance, exterior building maintenance, health club, lawn maintenance, parking fee, snow removal, trash
  • Mid-Rise Condominium
  • 575 South Condominium Association, Inc. Condos, Phone Number (855) 399-8917
  • Built by Toll Brothers
  • 575 South Condos Subdivision
  • Property Manager

Amenities

  • Common Area
  • Billiard Room
  • Meeting Room
  • Bar or Lounge

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,704

Year Built

Built in 2020

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2022-11-18
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee, Gas
  • Security Deposit: 4500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Cable Tv, Heat, Hot Water, Utilities - All, Water
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Inclusions: Washer, Dryer & Refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 2020
  • Assigned Parking Space Numbers: 25
  • Automatically Close On Close Date: No
  • Remarks Public: This is a RARE 3 bedroom, 2 bath corner unit with a balcony and 2 deeded parking spaces. 575 South is a boutique condominium community of 60 residences located just steps away from the King of Prussia Town Center at The Village at Valley Forge. Unit 512 is a three-bedroom, two-bathroom unit on the fifth floor. Finishes include 8" white oak floors throughout the entire unit, upgraded white soft close drawers and door cabinetry in the kitchen, Quartz counter-tops in the kitchen and master bath, Kitchen Aid oven, microwave, dishwasher, and refrigerator, plus so much more. Tenants and residents of 575 South will enjoy fantastic on-site amenities to further enhance their lifestyle. Amenities include a rooftop lounge, theater room, golf simulator, lounge area with dual sided fireplace with wet bar and multiple areas to enjoy with your friends and family after a night out in the Town Center. As part of The Village at Valley Forge, 575 South boasts an excellent location for enjoying upscale shopping and dining experiences, all within walking distance. The community is also convenient to major highways including I-76, I-476, Routes 422, 202, and the PA Turnpike. This is truly a unique opportunity to own a top floor corner unit with private parking and access to the finest lifestyle enhancements. Some of the additional amenities include a private garage with 2 private parking spots and surface parking, attended lobby, bike storage, and more.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Microwave, Dryer, Washer, Refrigerator
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Common Walls: No One Above
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Breakfast Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1765
  • Living Area Sq Ft: 1765
  • Price Per Sq Ft: 2.55
  • Above Grade Finished Sq Ft: 1765
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 575

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Flood Lights, Sidewalks
  • View: Panoramic, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener, Inside Access, Oversized
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Public
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 575 South Condominium Association, Inc.
  • Condo Co-Op Phone: 855-399-8917
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fitness Center, Billiard Room, Meeting Room, Reserved/Assigned Parking, Exercise Room, Security, Bar/Lounge
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Parking Fee, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: UPPER MERION AREA
  • Elementary School: CALEY
  • Middle School: UPPER MERION
  • High School: UPPER MERION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396617
  • School District Source: Listing Agent
  • Elementary School: CALEY
  • High School: UPPER MERION
  • Middle Or Junior School: UPPER MERION

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Assessor Parcel Number: 24252042
  • Assessor Parcel Number: 58-00-17492-627
  • Close Date: 01/15/2023

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2020
Closed on
Jan 29, 2021
Sold by
Toll Pa Viii Lp
Bought by
Wan Penny and Wan Philip
Seller's Agent
Shelby Goodman
Toll Brothers Real Estate, Inc.
Buyer's Agent
Michael D'Adamo
RE/MAX Preferred - Newtown Square
List Price
$741,995
Sold Price
$714,995
Premium/Discount to List
-$27,000
-3.64%
Current Estimated Value
$720,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,457
Avg. Annual Appreciation
-0.12%
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
Wan Penny $714,995 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2023 01/15/23 Rented $4,500 0.0% --
12/25/2022 12/25/22 Under Contract -- -- --
11/18/2022 11/18/22 For Rent $4,500 0.0% --
01/29/2021 01/29/21 Sold $714,995 -1.4% $405 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
09/19/2020 09/19/20 Price Changed $724,995 -2.7% $411 / Sq Ft
06/16/2020 06/16/20 Price Changed $744,995 +0.4% $422 / Sq Ft
04/05/2020 04/05/20 For Sale $741,995 -- $420 / 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 $5,704 $185,070 -- --
2024 $5,704 $185,070 -- --
2023 $5,502 $185,070 $0 $0
2022 $5,266 $185,070 $0 $0
2021 $313 $11,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2058314

Bright MLS

APN: 58-00-17492-627