1247 N Palethorp St Philadelphia, PA 19122
Olde Kensington NeighborhoodEstimated Value: $383,000 - $515,000
3
Beds
1.5
Baths
1,373
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 4-minute walk to Girard (Mfl)
- Stainless Steel Appliances
- No HOA
- Breakfast Area or Nook
- 4-minute walk to Hancock Park
About This Home
As of September 2023Situated on a quiet street in a stellar location, and tastefully renovated for a timeless look under the owners' watchful eyes, 1247 N Palethorp is ready for its new owners! The front of the property looks like a postcard; sitting between two trees with that classic and beautiful Philadelphia brick. Entering into the house, you'll be greeted by the brand new custom kitchen, equipped with all stainless steel appliances, island with room for stools, and crown molding for an elevated look. The spacious living room opens up to the private backyard patio through a sliding door, perfect for entertaining friends and family. To complete the first floor is the half bathroom tucked away underneath the staircase. The second floor front bedroom is absolutely massive and right across the hall from the full bathroom, which was renovated in early 2023. Down the hall is the second bedroom, currently used as an office. The third floor bedroom is extremely private and has so many potential uses as a home theatre, office, workout space, playroom, or of course, bedroom. The basement has plenty of storage space and is where the washer and dryer are located. Other upgrades are new flooring, baseboards, trim, doors, and added recessed lights. Now for the location! 1247 N Palethorp sits right on the border of three of Philadelphia's extremely popular neighborhoods: Olde Kensington, Fishtown, and Northern Liberties. You get the best of both worlds living on a calm and secluded street, but enjoy walking to endless coffee shops, eateries, breweries and events right out of your doorstep. Don't have a car? No problem. Acme and other essential stores are one block away. Want to get somewhere else in the City of Brotherly Love or beyond? You're less than two blocks from the Market Frankford Subway Line. Don't let this opportunity pass you by!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,501
Year Built
- Built in 1920
Lot Details
- 803 Sq Ft Lot
- Lot Dimensions are 17.00 x 47.00
- Property is Fully Fenced
- Privacy Fence
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Foundation
- Stone Foundation
- Masonry
Interior Spaces
- 1,373 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Area or Nook
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Electric Dryer
- Washer
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Olde Kensington Subdivision
Listing and Financial Details
- Tax Lot 211
- Assessor Parcel Number 182089200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2023
Closed on
Sep 1, 2023
Sold by
Melograno Krista
Bought by
Boyle Megan and Meroni Andrea
Seller's Agent
Jon Sanborn
DRG Philly
Buyer's Agent
Jason Driscoll
KW Empower
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Total Days on Market
70
Views
356
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
$7,379
Avg. Annual Appreciation
1.01%
Original Mortgage
$386,650
Outstanding Balance
$380,069
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$52,310
Purchase Details
Listed on
Mar 15, 2018
Closed on
Jun 11, 2018
Sold by
Conzelman Anna and Camp Matthew
Bought by
Melograno Krista and Megonegal Mike
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Jon Sanborn
DRG Philly
List Price
$299,900
Sold Price
$326,000
Premium/Discount to List
$26,100
8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$260,800
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 22, 2016
Closed on
Apr 18, 2016
Sold by
Mather Kate
Bought by
Conzelman Anna and Camp Matthew
Seller's Agent
Marc Hammarberg
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Daniel Evenchen
KW Empower
List Price
$259,000
Sold Price
$261,500
Premium/Discount to List
$2,500
0.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$248,425
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 1980
Bought by
Mather Kate
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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 |
|---|---|---|---|
| Boyle Megan | $425,000 | Great American Abstract | |
| Melograno Krista | $326,000 | Ac Abstract Llc | |
| Conzelman Anna | $261,500 | None Available | |
| Mather Kate | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boyle Megan | $386,650 | |
| Previous Owner | Melograno Krista | $265,000 | |
| Previous Owner | Melograno Krista | $268,000 | |
| Previous Owner | Melograno Krista | $260,800 | |
| Previous Owner | Conzelman Anna | $248,425 | |
| Previous Owner | Mather Kate | $100,000 | |
| Previous Owner | Mather Kate | $45,000 | |
| Previous Owner | Mather Kate | $25,000 | |
| Previous Owner | Martineau Samuel | $10,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Sold | $425,000 | -6.6% | $310 / Sq Ft |
| 07/22/2023 07/22/23 | Pending | -- | -- | -- |
| 06/25/2023 06/25/23 | Price Changed | $455,000 | -2.2% | $331 / Sq Ft |
| 06/17/2023 06/17/23 | Price Changed | $465,000 | -2.1% | $339 / Sq Ft |
| 05/12/2023 05/12/23 | For Sale | $475,000 | +45.7% | $346 / Sq Ft |
| 06/15/2018 06/15/18 | Sold | $326,000 | -4.1% | $265 / Sq Ft |
| 03/20/2018 03/20/18 | Price Changed | $339,900 | +13.3% | $276 / Sq Ft |
| 03/19/2018 03/19/18 | Pending | -- | -- | -- |
| 03/15/2018 03/15/18 | For Sale | $299,900 | +14.7% | $244 / Sq Ft |
| 04/26/2016 04/26/16 | Sold | $261,500 | +1.0% | $212 / Sq Ft |
| 04/04/2016 04/04/16 | Pending | -- | -- | -- |
| 01/22/2016 01/22/16 | For Sale | $259,000 | -- | $210 / 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 | $4,502 | $455,400 | $91,080 | $364,320 |
| 2024 | $4,502 | $455,400 | $91,080 | $364,320 |
| 2023 | $4,502 | $321,600 | $64,300 | $257,300 |
| 2022 | $3,283 | $276,600 | $64,300 | $212,300 |
| 2021 | $3,912 | $0 | $0 | $0 |
| 2020 | $3,912 | $0 | $0 | $0 |
| 2019 | $2,524 | $0 | $0 | $0 |
| 2018 | $420 | $0 | $0 | $0 |
| 2017 | $2,052 | $0 | $0 | $0 |
| 2016 | $1,632 | $0 | $0 | $0 |
| 2015 | $1,520 | $0 | $0 | $0 |
| 2014 | -- | $143,400 | $6,988 | $136,412 |
| 2012 | -- | $5,088 | $565 | $4,523 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Sanborn
Seller's Agent in 2023
Jon Sanborn
DRG Philly
(570) 994-6620
1 in this area
80 Total Sales
-
Jason Driscoll
Buyer's Agent in 2023
Jason Driscoll
KW Empower
(267) 838-8537
1 in this area
39 Total Sales
-
Michael McCann
Seller's Agent in 2018
Michael McCann
KW Empower
47 in this area
1,915 Total Sales
-
Daniel Evenchen
Seller Co-Listing Agent in 2018
Daniel Evenchen
KW Empower
(267) 391-9308
9 in this area
188 Total Sales
-
Marc Hammarberg
Seller's Agent in 2016
Marc Hammarberg
BHHS Fox & Roach
(267) 975-3625
1 in this area
265 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2233630
APN: 182089200
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