1242 N Palethorp St Philadelphia, PA 19122
Olde Kensington NeighborhoodEstimated Value: $428,000 - $569,000
3
Beds
2
Baths
1,725
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- 4-minute walk to Girard (Mfl)
- Hot Water Heating System
- No HOA
- Central Air
- 4-minute walk to Hancock Park
About This Home
As of July 2023Welcome to the neighborhood of Olde Kensington in Philadelphia! This recently renovated three-story gem is a must-see, featuring 3 bedrooms and 2 baths that offer comfort, style, and a touch of luxury. The first floor open-concept layout creates an inviting atmosphere, perfect for both relaxing evenings and entertaining guests. The living area leads into a beautiful kitchen space which includes modern finishes and stainless-steel appliances, under cabinet lighting and a granite island countertop. An additional room beyond the kitchen can be a dining room or extra family space, and leads into an attractively landscaped backyard and patio, perfect for entertaining guests on the weekends. The second floor includes two bedrooms, full bath and a laundry closet with a stacked washer and dryer. On the third floor you will find the primary suite which includes a luxury bathroom with a double sink and elegant shower enclosed with glass panels. You will also find a customized walk-in closet that provides ample storage space for your wardrobe and accessories.
Located in a vibrant part of the city, you’ll have access to local parks, like Hancock Park, trendy cafes and restaurants along Frankford Ave, and reliable daycares nearby. Don’t miss this opportunity to own a piece of Olde Kensington and make this your dream home where cherished memories are waiting to be created!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,671
Year Built
- Built in 1920
Lot Details
- 900 Sq Ft Lot
- Lot Dimensions are 18.00 x 50.00
Parking
- On-Street Parking
Home Design
- Straight Thru Architecture
- Traditional Architecture
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 1,725 Sq Ft Home
- Property has 3 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Hot Water Heating System
- Electric Water Heater
Community Details
- No Home Owners Association
- Olde Kensington Subdivision
Listing and Financial Details
- Tax Lot 130
- Assessor Parcel Number 182095300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2023
Closed on
Aug 31, 2023
Sold by
Kwon Abraham J and Hwang Ellen
Bought by
Johnson Christopher and Dlugosz Katlin
Seller's Agent
John Lee
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Robbie Johnson
Long & Foster Real Estate, Inc.
List Price
$479,990
Sold Price
$470,000
Premium/Discount to List
-$9,990
-2.08%
Total Days on Market
20
Views
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,941
Avg. Annual Appreciation
2.07%
Original Mortgage
$395,000
Outstanding Balance
$388,239
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$99,702
Purchase Details
Listed on
Sep 6, 2018
Closed on
Dec 2, 2018
Sold by
Mcelroy William R
Bought by
Kwon Abraham J and Hwang Ellen
Seller's Agent
Robin Kemmerer
Robin Kemmerer Associates Inc
Buyer's Agent
Andy Black
Redfin Corporation
List Price
$479,900
Sold Price
$422,500
Premium/Discount to List
-$57,400
-11.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$402,550
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 1983
Bought by
Mcelroy William R
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Similar Homes in Philadelphia, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Christopher | $470,000 | None Listed On Document | |
| Kwon Abraham J | $415,000 | Vast Abstract Llc | |
| Mcelroy William R | $20,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Christopher | $395,000 | |
| Previous Owner | Kwon Abraham J | $398,500 | |
| Previous Owner | Kwon Abraham J | $402,550 | |
| Previous Owner | Mcelroy William R | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $470,000 | -2.1% | $272 / Sq Ft |
| 06/23/2023 06/23/23 | For Sale | $479,990 | +13.6% | $278 / Sq Ft |
| 12/11/2018 12/11/18 | Sold | $422,500 | -4.0% | $245 / Sq Ft |
| 10/27/2018 10/27/18 | Pending | -- | -- | -- |
| 10/02/2018 10/02/18 | Price Changed | $439,900 | -8.3% | $255 / Sq Ft |
| 09/06/2018 09/06/18 | For Sale | $479,900 | -- | $278 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,672 | $510,000 | $102,000 | $408,000 |
| 2024 | $8,672 | $510,000 | $102,000 | $408,000 |
| 2023 | $8,672 | $619,500 | $123,900 | $495,600 |
| 2022 | $2,328 | $574,500 | $123,900 | $450,600 |
| 2021 | $2,958 | $0 | $0 | $0 |
| 2020 | $2,958 | $0 | $0 | $0 |
| 2019 | $2,781 | $0 | $0 | $0 |
| 2018 | $1,496 | $0 | $0 | $0 |
| 2017 | $1,496 | $0 | $0 | $0 |
| 2016 | $1,496 | $0 | $0 | $0 |
| 2015 | $1,694 | $0 | $0 | $0 |
| 2014 | -- | $126,400 | $7,920 | $118,480 |
| 2012 | -- | $3,520 | $586 | $2,934 |
Source: Public Records
Agents Affiliated with this Home
-
John Lee
Seller's Agent in 2023
John Lee
Keller Williams Real Estate-Blue Bell
(267) 371-3920
2 in this area
64 Total Sales
-
Robbie Johnson
R
Buyer's Agent in 2023
Robbie Johnson
Long & Foster
(215) 385-2382
1 in this area
14 Total Sales
-
Robin Kemmerer
Seller's Agent in 2018
Robin Kemmerer
Robin Kemmerer Associates Inc
(215) 949-0810
283 Total Sales
-
Buyer's Agent in 2018
Andy Black
Redfin Corporation
(610) 680-6200
Map
Source: Bright MLS
MLS Number: PAPH2247530
APN: 182095300
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