NOT LISTED FOR SALE

616 Arcade Way Dresher, PA 19025

Estimated Value: $886,000 - $989,000

3 Beds
3.5 Baths
3,034 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $799,900 $264 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,688/month

66 Days on Market

Highlights

  • Active Adult
  • Rambler Architecture
  • Community Pool
  • Clubhouse
  • Loft
  • Den

About This Home

As of May 2023

Practically Brand New Luxury Single Family Home In The Sought After Enclave At The Promenade! Looking for new construction without the wait? Come see this exquisite 3 year old, 3 Bedroom, 3.5 Bathroom home with over 3,000 sq. ft. of luxury living space. This 55 and better community is the only one of its kind in the area with resort-style amenities such as a 5,500 sq. ft. community clubhouse, outdoor swimming pool, bocce court, fitness room, pickle ball court and a gathering room. Pull up to your 2-car garage with additional driveway parking and feel right at home. A covered entrance leads to the interior outfitted with high ceilings and numerous upgrades when it was built just 3 years ago. Dark hardwood floors greet you upon entering the two-story foyer leading into the dining room with a 10’ tray ceiling and expanded living room with a soaring vaulted ceiling. The living room features a gas fireplace and plenty of overhead lighting. Fall in love with the eat-in kitchen that opens nicely into the living room, giving you that open concept layout you’ve been looking for that is perfect for everyday living and entertaining guests. Upgrades include granite countertops, tile backsplash, gas cooking w/ an overhead hood, stainless steel appliances, upgraded cabinets, an island with storage on both sides and a breakfast area. Off the kitchen is a door leading out to the upgraded and private covered patio, where you’ll enjoy relaxing in the summer! Back inside, you will find the primary bedroom on the main level with two walk-in closets, custom shelving and an ensuite bathroom with double vanity and upgraded shower. The second bedroom on the main level also has its own ensuite bathroom w/ shower and is well-sized. There is an additional room on the main level that could be used as an office or even a 4th bedroom. The laundry room with upgraded cabinets, coat closet, powder room and access to the garage complete the main level. Upstairs you will find the third bedroom, a full bathroom, and a huge loft area for entertainment! This home is conveniently located within walking distance to the Promenade shops and restaurants! Looking for stress-free low-maintenance living? Look no further! The HOA fee includes lawn care, landscaping and snow removal! Easy access to Rt 276, 309 & 63! Schedule your private tour today!

Last Agent to Sell the Property

Mariel Gniewoz Weiss

(610) 310-6408 mgwrealestate@gmail.com Keller Williams Real Estate-Montgomeryville License #336535 Listed on: 03/03/2023

Keller Williams Real Estate-Montgomeryville

Co-Listed By

Kelly Delikat

(267) 933-4894 kelly@delikathomes.com Keller Williams Real Estate-Montgomeryville License #RS342213

Last Buyer's Agent

Joseph Bograd

(267) 246-9729 josephbograd@remax.net Elite Realty Group Unl. Inc. License #AB066484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,119

Year Built

  • Built in 2020

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 70.00 x 0.00

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,034 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Loft

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 54-00-05239-044

Community Details

Overview

  • Active Adult
  • $2,550 Capital Contribution Fee
  • Active Adult | Residents must be 55 or older
  • Continental Property Management, Inc. HOA, Phone Number (215) 343-1550
  • Enclave At The Promenade Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,119

Year Built

Built in 2020

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator all at no monetary value
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-03
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Practically Brand New Luxury Single Family Home In The Sought After Enclave At The Promenade! Looking for new construction without the wait? Come see this exquisite 3 year old, 3 Bedroom, 3.5 Bathroom home with over 3,000 sq. ft. of luxury living space. This 55 and better community is the only one of its kind in the area with resort-style amenities such as a 5,500 sq. ft. community clubhouse, outdoor swimming pool, bocce court, fitness room, pickle ball court and a gathering room. Pull up to your 2-car garage with additional driveway parking and feel right at home. A covered entrance leads to the interior outfitted with high ceilings and numerous upgrades when it was built just 3 years ago. Dark hardwood floors greet you upon entering the two-story foyer leading into the dining room with a 10’ tray ceiling and expanded living room with a soaring vaulted ceiling. The living room features a gas fireplace and plenty of overhead lighting. Fall in love with the eat-in kitchen that opens nicely into the living room, giving you that open concept layout you’ve been looking for that is perfect for everyday living and entertaining guests. Upgrades include granite countertops, tile backsplash, gas cooking w/ an overhead hood, stainless steel appliances, upgraded cabinets, an island with storage on both sides and a breakfast area. Off the kitchen is a door leading out to the upgraded and private covered patio, where you’ll enjoy relaxing in the summer! Back inside, you will find the primary bedroom on the main level with two walk-in closets, custom shelving and an ensuite bathroom with double vanity and upgraded shower. The second bedroom on the main level also has its own ensuite bathroom w/ shower and is well-sized. There is an additional room on the main level that could be used as an office or even a 4th bedroom. The laundry room with upgraded cabinets, coat closet, powder room and access to the garage complete the main level. Upstairs you will find the third bedroom, a full bathroom, and a huge loft area for entertainment! This home is conveniently located within walking distance to the Promenade shops and restaurants! Looking for stress-free low-maintenance living? Look no further! The HOA fee includes lawn care, landscaping and snow removal! Easy access to Rt 276, 309 & 63! Schedule your private tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Loft, Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3034
  • Living Area Sq Ft: 3034
  • Price Per Sq Ft: 263.65
  • Above Grade Finished Sq Ft: 3034
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 616

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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: 425.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Name: CONTINENTAL PROPERTY MANAGEMENT, INC.
  • HOA Phone: 215-343-1550
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 2550.00

Schools

  • School District: UPPER DUBLIN
  • School District Key: 300200397033
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.18
  • Lot Dimensions: 70.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8050.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 23113832
  • School Tax: 11824.00
  • Tax Annual Amount: 15119.00
  • Assessor Parcel Number: 54-00-05239-044
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 3034
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/19/2023

MLS Schools

  • School District Name: UPPER DUBLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 17, 2023
Sold by
Gupta Asha
Bought by
Makon Michael and Makon Elaine
Seller's Agent
Mariel Gniewoz Weiss
Keller Williams Real Estate-Montgomeryville
Buyer's Agent
Joseph Bograd
Elite Realty Group Unl. Inc.
List Price
$899,900
Sold Price
$799,900
Premium/Discount to List
-$100,000
-11.11%
Views
267
Current Estimated Value
$938,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,158
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Aug 27, 2020
Sold by
Toll Pa Xvi Lp
Bought by
Gupta Ramesh and Gupta Asha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Makon Michael $799,900 None Listed On Document
Gupta Ramesh $732,457 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Ramesh $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $799,900 +0.1% $264 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $799,000 -3.2% $263 / Sq Ft
04/18/2023 04/18/23 Price Changed $825,000 -2.8% $272 / Sq Ft
03/30/2023 03/30/23 Price Changed $849,000 -5.7% $280 / Sq Ft
03/03/2023 03/03/23 For Sale $899,900 -- $297 / 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 $15,482 $317,470 -- --
2024 $15,482 $317,470 -- --
2023 $15,120 $317,470 $0 $0
2022 $14,791 $317,470 $0 $0
2021 $14,422 $317,470 $0 $0
2020 $507 $11,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2064996

Bright MLS

APN: 54-00-05239-044