NOT LISTED FOR SALE

Estimated Value: $496,000 - $585,585

3 Beds
4 Baths
2,340 Sq Ft
$235/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $510,000 $218 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,424/month

37 Days on Market

Highlights

  • Straight Thru Architecture
  • Living Room
  • 1-minute walk to Louis P Paolone Sr Memorial Park
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2024

The vibrancy of Philly's Passyunk Square neighborhood is the perfect match for the one-of-a-kind property at 1226 S 8th St. A storied past, including uses as a social club and a speakeasy dating back to prohibition, has led to its current life as a live/work building, offering flexible spaces, an expansive bedroom suite, a full kitchen, and a private patio. The main level has a massive open space that takes full advantage of the extra-wide 20'+ lot and soaring 12' ceilings. There's a bar, soundproofing, and a separate control room for audio/visual work. This space would be ideal for large gatherings, rehearsals, fitness classes, divided work areas, or a traditional living room and dining area. At the rear, a half bathroom and a storage room flank a full kitchen with a restaurant-style 6-burner Vulcan range, Salamander broiler, and commercial exhaust. Out back, the enclosed trex patio acts as a serene garden oasis where you can escape the city's hustle, ideal for hosting barbecues and al fresco dining. Upstairs, the huge primary suite has tons of space for bedroom furniture, a desk, and a sitting room, along with a walk-in closet and full bathroom. At the opposite end is a sunlit open area with an office nook, the laundry, and a room currently used as a massage studio with its own half bathroom. Completing the property is a huge basement with 8' ceilings, another bar and lounge space, storage, and a half bathroom. Additional highlights include mini-split a/c's on each floor, a new roof installed in 2021 and white-coated in 2024, and a new Buderus furnace installed in 2022. 1226 S 8th St's fantastic location earns a Walk Score of 96 and Bike Score of 81! Steps away, lively E Passyunk Ave is lined with top-rated restaurants and friendly local shops. The famed 9th St Italian Market is nearby, plus parks & playgrounds, including Gold Star, Capitolo, Sacks, and Jefferson Sq are close. There's also easy access to public transit, Washington Ave, I-95, and South Jersey. Schedule your tour today!

Last Agent to Sell the Property

Mike Goldstein

(215) 600-1799 mike@hubkey.co HubKey Real Estate Listed on: 08/01/2024

Last Buyer's Agent

Ashley Miele

(610) 476-2775 ashleymielerealtor@gmail.com Compass RE License #RS348948

Compass RE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 1915

Lot Details

  • 1,521 Sq Ft Lot
  • Lot Dimensions are 20.00 x 78.00

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • 2,340 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Laundry on upper level
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Cooling System Utilizes Natural Gas
  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 021511800

Community Details

Overview

  • No Home Owners Association
  • East Passyunk Crossing Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,271

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: The vibrancy of Philly's Passyunk Square neighborhood is the perfect match for the one-of-a-kind property at 1226 S 8th St. A storied past, including uses as a social club and a speakeasy dating back to prohibition, has led to its current life as a live/work building, offering flexible spaces, an expansive bedroom suite, a full kitchen, and a private patio. The main level has a massive open space that takes full advantage of the extra-wide 20'+ lot and soaring 12' ceilings. There's a bar, soundproofing, and a separate control room for audio/visual work. This space would be ideal for large gatherings, rehearsals, fitness classes, divided work areas, or a traditional living room and dining area. At the rear, a half bathroom and a storage room flank a full kitchen with a restaurant-style 6-burner Vulcan range, Salamander broiler, and commercial exhaust. Out back, the enclosed trex patio acts as a serene garden oasis where you can escape the city's hustle, ideal for hosting barbecues and al fresco dining. Upstairs, the huge primary suite has tons of space for bedroom furniture, a desk, and a sitting room, along with a walk-in closet and full bathroom. At the opposite end is a sunlit open area with an office nook, the laundry, and a room currently used as a massage studio with its own half bathroom. Completing the property is a huge basement with 8' ceilings, another bar and lounge space, storage, and a half bathroom. Additional highlights include mini-split a/c's on each floor, a new roof installed in 2021 and white-coated in 2024, and a new Buderus furnace installed in 2022. 1226 S 8th St's fantastic location earns a Walk Score of 96 and Bike Score of 81! Steps away, lively E Passyunk Ave is lined with top-rated restaurants and friendly local shops. The famed 9th St Italian Market is nearby, plus parks & playgrounds, including Gold Star, Capitolo, Sacks, and Jefferson Sq are close. There's also easy access to public transit, Washington Ave, I-95, and South Jersey. Schedule your tour today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit, Upper Floor
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 224.36
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1226

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ductless/Mini-Split
  • 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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20.00 x 78.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1521.00
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 3511.00
  • Tax Annual Amount: 6271.00
  • Assessor Parcel Number: 021511800
  • Tax Lot: 155
  • Tax Total Finished Sq Ft: 2340
  • Tax Data Updated: Yes
  • Tax Year: 2024
  • Close Date: 10/18/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 27, 2024
Sold by
Richan Peter
Bought by
Hayes Kevin Jude
Seller's Agent
Mike Goldstein
HubKey Real Estate
Buyer's Agent
Ashley Miele
Compass RE
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
37
Current Estimated Value
$548,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,896
Avg. Annual Appreciation
7.63%
Original Mortgage
$408,000
Outstanding Balance
$403,711
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$145,185

Purchase Details

Closed on
Mar 16, 2004
Sold by
Florence Investments Llc
Bought by
Richan Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Dibona Esther
Bought by
Florence Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Hayes Kevin Jude $510,000 None Listed On Document
Richan Peter $170,000 --
Florence Investments Llc $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Kevin Jude $408,000
Previous Owner Richan Peter $161,500
Previous Owner Florence Investments Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $510,000 -2.9% $218 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $525,000 -- $224 / 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 $6,271 $505,900 $101,180 $404,720
2024 $6,271 $505,900 $101,180 $404,720
2023 $6,271 $448,000 $89,600 $358,400
2022 $4,502 $420,000 $89,600 $330,400
2021 $4,894 $0 $0 $0
2020 $4,894 $0 $0 $0
2019 $4,516 $0 $0 $0
2018 $3,707 $0 $0 $0
2017 $3,707 $0 $0 $0
2016 $3,413 $0 $0 $0
2015 $3,267 $0 $0 $0
2014 -- $264,800 $30,572 $234,228
2012 -- $25,792 $5,158 $20,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2380204

Bright MLS

APN: 021511800