246 Cornerstone Drive

246 Cornerstone Drive

Newtown Square, PA 19073

$575,000
Last Sold Price
2
Beds
2
Baths
1
1/2 Bath
2,004 Sq. Ft.
$287 / Sq. Ft.
2,004
Sq. Ft.
$287
per Sq. Ft.

Closed 5/6/21

Closed 5/6/21

Description

Welcome to 246 Cornerstone Drive offering 2 Bedrooma 2.5 baths and large Den ttaling 2004 square feet of luxury living. This elegant4th floor penthouse home at Terrazza Newtown Square shows like a model home and is in move-in condition. Just painted and new carpets installed in the Den and Bedrooms. Terrazza is the perfect solution for the buyer looking to downsize, and who desires freedom from home maintenance without compromising on space. Walk into the open floor plan living room with corner gas...Welcome to 246 Cornerstone Drive offering 2 Bedrooma 2.5 baths and large Den ttaling 2004 square feet of luxury living. This elegant4th floor penthouse home at Terrazza Newtown Square shows like a model home and is in move-in condition. Just painted and new carpets installed in the Den and Bedrooms. Terrazza is the perfect solution for the buyer looking to downsize, and who desires freedom from home maintenance without compromising on space. Walk into the open floor plan living room with corner gas fireplace, beautiful hardwood floors and entrance to spacious terrace overlooking the picturesque Terrazza courtyard. Enjoy your morning coffee on the terrace listening to the gentle flow of Terrazza fountains. The great room boasts a dramatice 12 foot elevated roof line that carries forward to the expansive terrace. Only penthouse units at Terrazza feature this dramatic elevated roof line. The formal dining room is spacious and can accomodate your family dinners and holiday gatherings. You can also entertain at the kitchen counter bar adjoining the amazing cook's kitchen with stainless steel appliances, granite counters, pantry, and large double window over the kitchen sink. There is a spacious den which can be used as an office or additional accomodations for overnight guests. There are two master bedroom suites both with en-suite baths and very generous walk-in closets. The main master Bedroom suite features a double sink vanity, linen closet, oversized shower and whirlpool soaking tub. Completing this unit is a powder room off the foyer and a laundry area off the kitchen with a full size washer and dryer. Included with the sale are two indoor parking spaces (11 and 12) and an an expansive storage area (#34) on the garage level. (this is one of the rare units has comes with the large size staroage room.) Both bedrooms have large en-suite baths and feature large walk-in closets with custom walnut inserts. Many extra features including a reverse osmosis water filtration system, sound system and top of the line custom closets. No need to drive to the gym as the Terrazza clubhouse features a fully equipped fitness center, locker room facilities and a steam room. The clubhouse also has a full size kitchen, billiards, card room and a library. The owners also enjoy their own tennis court and outdoor pool area. All Terrazza amenities are included in the monthly HOA fee. Terrazza is very convenient to country clubs, shopping, dining, Ridley Creek State Park, Whole Foods, market and minutes from Media, Paoli, Bryn Mawr and the entire Main Line area. If you are looking for elegance and easy living Terrazza is a "must-see" option. The community is professionally managed by Robert Wise Management company. There is a $500 move-in fee and $2000 capital contribution at settlement. There is a mandatory special assessment for balcony improvements through April 2023 . ($229.00 per month through April 2023)
  1. Listed by Michael Gutkind • BHHS Fox & Roach-Haverford
    P: 6105178411 michael.gutkind@foxroach.com
  2. Listed by Jonathon Gutkind • BHHS Fox & Roach-Haverford
    P: 4844740499 jon.gutkind@foxroach.com

Property Details for 246 Cornerstone Drive

Tax ID Number
30-00-01721-32
Ownership
Condominium
Condo Coop Association
No
HOA
Yes
Entry Floor Number
4
Structure Type
Unit/Flat/Apartment
Style
Contemporary
Levels/Stories
4

Location

Listing Courtesy of BHHS Fox & Roach-Haverford

Sold By Compass Pennsylvania, LLC

Add your commute
LISTING UPDATED: 07/25/2023 04:03 PM

Property Details for 246 Cornerstone Drive

StatusClosed
MLS #PADE537202
Days on Market85
Taxes$8,446 / year
HOA Fees$686 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2008
CountyDelaware County

Location

Listing Courtesy of BHHS Fox & Roach-Haverford

Sold By Compass Pennsylvania, LLC

Add your commute

Building Information for 246 Cornerstone Drive

Building/ComplexTERRAZZA AT NEWTOWN SQRFloor-Stories4Residences1Pet Policy-Year Built2008

Payment Calculator

$4,528 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$704

HOA Dues

$686

The Payment Calculator is for illustrative purposes only.

Property Information for 246 Cornerstone Drive

Location
Location
  • Transportation: Airport less than 10 miles, Commuter Rail Station 1 to 5 miles
  • School District Name: MARPLE NEWTOWN
  • School District County ID: 300200397356
  • SchoolDistrictSource: 3rd Party
  • Elementary School: CULBERTSON (DELAWARE PA)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: PAXON HOLLOW (DELAWARE PA)
  • MiddleSchoolSource: 3rd Party
  • High School: MARPLE NEWTOWN (DELAWARE PA)
  • HighSchoolSource: 3rd Party
  • County: DELAWARE
  • MLS Area: Newtown Twp (10430)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Name: TERRAZZA COMMUNITY ASSOCIATION
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Rear, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA Condo Coop Amenities: Club House, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Tennis Courts
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Capital Contribution Amount: $2,000
  • Type of Condo: Home Owner Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $483,330
  • Year Assessed: 2021
  • County Tax: $1,450
  • Improvement Assessed Value: $394,790
  • City Town Tax: $858
  • Land Assessed Value: $88,540
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: R-50
  • Loss Mitigation Fee: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R-10
  • Zoning Dscrp: Residential
  • Tax Lot: 015-200
  • School Tax: $6,138
  • School Tax Payment Frequency: Annually
  • Tax Page Number: 408
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 1
Rooms
  • Room List: Dining Room, Bedroom 2, Kitchen, Den, Bedroom 1, Great Room, Bathroom 1, Bathroom 2
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Den
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Built-Ins, Ceiling Fan(s), Flooring - Carpet
Room 2
  • Room Type: Great Room
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Balcony Access, Cathedral/Vaulted Ceiling, Fireplace - Gas, Flooring - HardWood
Room 3
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Ceiling Fan(s), Countertop(s) - Granite, Flooring - Tile, Kitchen - Gas Cooking
Room 4
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Flooring - HardWood
Room 5
  • Room Type: Bedroom 1
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Walk-In Closet(s), Window Treatments
Room 6
  • Room Type: Bathroom 1
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Double Sink, Soaking Tub
Room 7
  • Room Type: Bathroom 2
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Countertop(s) - Granite, Double Sink, Flooring - Tile
Room 8
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Walk-In Closet(s), Flooring - Carpet
Building Info
Building Info
  • Builder Name: Cornerstone Communities
  • Building Units Total: 1
  • Total Finished SQFT: 2,004.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 2,004.00
  • Total SQFT: 2,004.00
  • Total SQFT Source: Estimated
  • Elevators Count: 1
  • Construction Materials: Frame, Masonry, Stucco
  • Roof: Shingle
  • Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/3044/3354/0401/304433540401_512_384_WM_fpM1r6WJeehFNGro.jpg
  • Common Walls: No One Above
  • Flooring Type: Carpet, Hardwood
  • Foundation Details: Concrete Perimeter
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Half-Main Level-1
  • # Bathrooms Full: 2
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Road Responsibility: Private
  • Parcel ID: 5575498
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Lighted Parking, Unassigned
  • Garage Features: Basement Garage, Underground, Other
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Floor Plan - Open, Formal/Separate Dining Room, Soaking Tub, Stall Shower, Walk-in Closet(s), Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Gas/Propane
  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned
  • Accessibility Features: None
  • Security Features: Intercom
  • Window Features: Double Hung
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: BBQ Grill, Exterior Lighting, Lawn Sprinkler, Sidewalks, Tennis Court(s), Underground Lawn Sprinkler, Water Fountains
  • Outdoor Living Structures: Deck(s)
  • Pool: Yes - Community
  • Community Pool Features: In Ground
  • Horse: No
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Under Ground
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service

Property History for 246 Cornerstone Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 246 Cornerstone Drive

Taxable ValueLand$88,540Additions$394,790Total$483,330
Tax Record2023$7,790 ($649 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt2,004 SqFtAbove Grade Finished SqFt2,004 SqFtStories1Lot Size2,004 SqFtStyleCondominiumYear Built2008CountyDELAWAREAPN30-00-01721-32Fireplace TypeHas Fireplace

Schools near 246 Cornerstone Drive

This home is within Marple Newtown School District.
Rating
School
Type
Grades
Distance
Culbertson El School
Public - K to 5
Paxon Hollow Middle School
Public - 6 to 8
Marple Newtown Senior High School
Public - 9 to 12
St Anastasia Elementary School
Private - PK to 8
Rating
School
Distance
Culbertson El School
PublicK to 5

Paxon Hollow Middle School
Public6 to 8

Marple Newtown Senior High School
Public9 to 12

St Anastasia Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Haverford

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.