NOT LISTED FOR SALE

Estimated Value: $385,000 - $561,000

3 Beds
1.5 Baths
1,434 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $380,000 $265 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,783/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 3-minute walk to Girard (Mfl)
  • No HOA
  • Wood Flooring
  • 2 Fireplaces
  • 4-minute walk to Piazza Dog Park

About This Home

As of October 2018

Location, character, space and light, 1229 Palethorp has it all. Nestled in-between Fishtown and Northern Liberties on a quiet street in Old Kensington, this 19th Century home is centrally located among numerous amenities within just a few blocks. Enter into an open living/dining area with south and west facing multi-pane windows, and original architectural features such as wide plank pine floors; a painted pine fireplace surround (with cabinets hidden in the breast wall); and an original quarter turn staircase with pine treads. Tucked away, and adjacent to the staircase, is a powder room with contemporary fixtures and a period mirror. Beyond the dining room is a large kitchen with room for an island, east facing windows, painted wood cabinets, and a ceramic tile floor. Upstairs you will find a spacious front bedroom with an original fireplace surround flanked by two closets, west facing windows, and more random width pine floors. Centrally located on the 2nd floor is a large bathroom with a free standing claw foot tub, corner shower stall, two large windows, and a stacked washer and dryer. The rear bedroom on the second floor has an exposed brick wall, large closet, and pitched ceiling. The 3rd bedroom on the top floor has both east and west facing windows filling the space with natural light, and a vaulted ceiling, supported by exposed beams, giving the space volume. This would make an excellent studio/office/workspace if a 3rd bedroom is not a requirement. Throughout the home are examples of early 20th century door hardware. The basement is dry, has good ceiling height, and is suitable for storage. The patio offers privacy and space for dining and grilling. This is a rare opportunity to own a gem of a home under $400K and one that you won't want to miss out on.

Last Agent to Sell the Property

Michael Garden

Compass RE License #RS293814 Listed on: 09/20/2018

Compass RE

Co-Listed By

Lena Parsell

Space & Company

Last Buyer's Agent

Holly Mack-Ward

Elfant Wissahickon-Rittenhouse Square

Elfant Wissahickon-Rittenhouse Square

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,193

Year Built

  • Built in 1920

Lot Details

  • 876 Sq Ft Lot
  • Lot Dimensions are 17x52
  • West Facing Home

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,434 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Community Details

  • No Home Owners Association
  • Olde Kensington Subdivision

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 182088000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,193

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1, Upper 3
  • Year Built: 1920
  • Remarks Public: Location, character, space and light, 1229 Palethorp has it all. Nestled in-between Fishtown and Northern Liberties on a quiet street in Old Kensington, this 19th Century home is centrally located among numerous amenities within just a few blocks. Enter into an open living/dining area with south and west facing multi-pane windows, and original architectural features such as wide plank pine floors; a painted pine fireplace surround (with cabinets hidden in the breast wall); and an original quarter turn staircase with pine treads. Tucked away, and adjacent to the staircase, is a powder room with contemporary fixtures and a period mirror. Beyond the dining room is a large kitchen with room for an island, east facing windows, painted wood cabinets, and a ceramic tile floor. Upstairs you will find a spacious front bedroom with an original fireplace surround flanked by two closets, west facing windows, and more random width pine floors. Centrally located on the 2nd floor is a large bathroom with a free standing claw foot tub, corner shower stall, two large windows, and a stacked washer and dryer. The rear bedroom on the second floor has an exposed brick wall, large closet, and pitched ceiling. The 3rd bedroom on the top floor has both east and west facing windows filling the space with natural light, and a vaulted ceiling, supported by exposed beams, giving the space volume. This would make an excellent studio/office/workspace if a 3rd bedroom is not a requirement. Throughout the home are examples of early 20th century door hardware. The basement is dry, has good ceiling height, and is suitable for storage. The patio offers privacy and space for dining and grilling. This is a rare opportunity to own a gem of a home under $400K and one that you won't want to miss out on.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1434
  • Living Area Sq Ft: 1434
  • Net Sq Ft: 1434.00
  • Price Per Sq Ft: 250.35
  • Above Grade Finished Sq Ft: 1434
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1229

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, 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

Lot Info

  • Improvement Assessed Value: 159670.00
  • Land Assessed Value: 68430.00
  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17X52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 876.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 983992
  • Tax Annual Amount: 3193.00
  • Assessor Parcel Number: 182088000
  • Tax Lot: 139
  • Tax Year: 2018
  • Close Date: 10/30/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 30, 2018
Sold by
Burgess Sarah K and Liu Jacque J
Bought by
Scottoline Matthew W
Seller's Agent
Michael Garden
Compass RE
Buyer's Agent
Holly Mack-Ward
Elfant Wissahickon-Rittenhouse Square
List Price
$359,000
Sold Price
$380,000
Premium/Discount to List
$21,000
5.85%
Total Days on Market
3
Current Estimated Value
$450,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,386
Avg. Annual Appreciation
2.78%
Original Mortgage
$244,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2010
Sold by
Sigovich Dennis J and Paullin Marcia I
Bought by
Burgess Sarah K and Liu Jacque J

Purchase Details

Closed on
Sep 14, 2004
Sold by
Nickles Theodore H
Bought by
Sigovich Dennis J and Paullin Marcia I
Source: Public Records

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Range of Values:

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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
Scottoline Matthew W $380,000 Title Services
Burgess Sarah K $227,500 None Available
Sigovich Dennis J $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scottoline Matthew W $241,000
Closed Scottoline Matthew W $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $380,000 +5.8% $265 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $359,000 -- $250 / 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 $4,709 $478,400 $95,680 $382,720
2024 $4,709 $478,400 $95,680 $382,720
2023 $4,709 $336,400 $67,200 $269,200
2022 $3,389 $291,400 $67,200 $224,200
2021 $4,019 $0 $0 $0
2020 $4,019 $0 $0 $0
2019 $4,048 $0 $0 $0
2018 $3,193 $0 $0 $0
2017 $3,193 $0 $0 $0
2016 $2,773 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $150,500 $7,704 $142,796
2012 -- $1,408 $352 $1,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006052444

Bright MLS

APN: 182088000