NOT LISTED FOR SALE

Estimated Value: $3,046,000 - $3,260,000

6 Beds
6.5 Baths
7,335 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $2,500,000 $341 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $19,610/month

87 Days on Market

Highlights

  • Second Kitchen
  • Second Garage
  • View of Trees or Woods
  • Pool and Spa
  • Eat-In Gourmet Kitchen
  • 3.43 Acre Lot

About This Home

As of October 2020

One might argue that the classic early 20th-century homes of Philadelphia's leafy Chestnut Hill neighborhood are beautifully superior in design and livability than most any other type of home in the city. A tour of Cresswell Manor, a c. 1929 Tudor designed by architect John W. Keyes for Mrs. Charles Thompson Cresswell, is quite a convincing example. Placed majestically on a rise on just over 3.4 acres in Chestnut Hill, it is grand but not overwhelming, recently fine-tuned by London-based interior designer Mirta Aktaia Fava. The home's mix of well-preserved, classic elements overlaid with a transitional aesthetic, plus a long list of behind-the-scenes improvements, earned it a feature in Marie Claire last year. From the moment one passes through its gated entry and travels up the winding drive, it's clear these are no ordinary grounds. In fact, it's quite likely they were planned even before the house was constructed so that the residence would fit them and not the other way around. Mrs. Cresswell employed the highly regarded Philadelphia landscape architecture firm, Harrison, Mertz & Emlen, to handle this task. The gardens, terraces, stone walls, pond, pool and specimen trees and shrubs gracing the property have been refreshed and revived, including the impressive arc of stone retaining walls that greets visitors to the home. Inside, from its wide front-to-back reception foyer and through to its formal rooms, designer Fava focused on connecting the indoor and outdoor spaces while giving each interior space its own distinct atmosphere. The dining room, the expansive main living room with broad bay window, main suite bedroom and the garden room, now used as a study, are places where French doors open to terraces or balconies and natural light washes over these rooms, creating an uplifting atmosphere in all seasons. A butler's pantry and chef's kitchen provide generous storage and every amenity for the everyday cook or gourmand. The kitchen is open to a family room. Gas fireplaces warm the family room, living room and dining room; the study has a wood burning fireplace. An elevator and front and rear stairwells reach private quarters on the second floor. Each of four en suite guest bedrooms is large. Baths have been updated where needed with timeless, period-appropriate subway tile and marble floors. The main bedroom suite, almost a treehouse of sorts, is serene with two sets of French doors opening to a Juliette balcony and fantastic views of the grounds day and night. A 'pajama lounge' connects the family bedroom area to a two-bedroom guest suite with all new kitchen, new deck and a full bath. The guest suite has its own mechanicals for efficiency. A full attic tops off the house and provides plenty of storage, as do two garages offering parking for nine cars total. The grounds at Cresswell manor are designed for four-season enjoyment, but of course spring and summer are peak times to use its outdoor terraces for dining and entertaining. All terraces and flower beds have been rebuilt with new drainage; a 31-zone irrigation system is installed; and the pond has been rebuilt with new aerators. New pool equipment ensures this feature is ready for summer. Gracious and sophisticated, yet completely comfortable for everyday living, Cresswell Manor is a home where you likely will find yourself using, and enjoying, every room. Easy to move into and embrace a manor house lifestyle that is a short walk from Fairmount Park and Forbidden Drive and minutes from the train into Center City Philadelphia and the charming commercial district in Chestnut Hill proper.

Last Agent to Sell the Property

Melanie Stecura

Kurfiss Sotheby's International Realty License #RS303677 Listed on: 05/08/2020

Kurfiss Sotheby's International Realty

Co-Listed By

Linda Knox

Kurfiss Sotheby's International Realty

Last Buyer's Agent

Dominic Fuscia

Coldwell Banker Realty License #RS294492

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,967

Year Built

  • Built in 1929

Lot Details

  • 3.43 Acre Lot
  • Lot Dimensions are 297.63 x 195.70
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Property is zoned RSD1

Parking

  • 6 Garage Spaces | 2 Attached and 4 Detached
  • 8 Driveway Spaces
  • Second Garage
  • Fenced Parking

Property Views

  • Pond
  • Woods
  • Garden

Home Design

  • Manor Architecture
  • Tudor Architecture
  • Poured Concrete
  • Slate Roof
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • Cedar Closet

Pool

  • Pool and Spa
  • In Ground Pool

Outdoor Features

  • Pond
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Storage Shed
  • Outbuilding

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 092237700

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,967

Year Built

Built in 1929

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor, Manor
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-05-20
  • Year Built: 1929
  • Automatically Close On Close Date: Yes
  • Remarks Public: One might argue that the classic early 20th-century homes of Philadelphia's leafy Chestnut Hill neighborhood are beautifully superior in design and livability than most any other type of home in the city. A tour of Cresswell Manor, a c. 1929 Tudor designed by architect John W. Keyes for Mrs. Charles Thompson Cresswell, is quite a convincing example. Placed majestically on a rise on just over 3.4 acres in Chestnut Hill, it is grand but not overwhelming, recently fine-tuned by London-based interior designer Mirta Aktaia Fava. The home's mix of well-preserved, classic elements overlaid with a transitional aesthetic, plus a long list of behind-the-scenes improvements, earned it a feature in Marie Claire last year. From the moment one passes through its gated entry and travels up the winding drive, it's clear these are no ordinary grounds. In fact, it's quite likely they were planned even before the house was constructed so that the residence would fit them and not the other way around. Mrs. Cresswell employed the highly regarded Philadelphia landscape architecture firm, Harrison, Mertz & Emlen, to handle this task. The gardens, terraces, stone walls, pond, pool and specimen trees and shrubs gracing the property have been refreshed and revived, including the impressive arc of stone retaining walls that greets visitors to the home. Inside, from its wide front-to-back reception foyer and through to its formal rooms, designer Fava focused on connecting the indoor and outdoor spaces while giving each interior space its own distinct atmosphere. The dining room, the expansive main living room with broad bay window, main suite bedroom and the garden room, now used as a study, are places where French doors open to terraces or balconies and natural light washes over these rooms, creating an uplifting atmosphere in all seasons. A butler's pantry and chef's kitchen provide generous storage and every amenity for the everyday cook or gourmand. The kitchen is open to a family room. Gas fireplaces warm the family room, living room and dining room; the study has a wood burning fireplace. An elevator and front and rear stairwells reach private quarters on the second floor. Each of four en suite guest bedrooms is large. Baths have been updated where needed with timeless, period-appropriate subway tile and marble floors. The main bedroom suite, almost a treehouse of sorts, is serene with two sets of French doors opening to a Juliette balcony and fantastic views of the grounds day and night. A 'pajama lounge' connects the family bedroom area to a two-bedroom guest suite with all new kitchen, new deck and a full bath. The guest suite has its own mechanicals for efficiency. A full attic tops off the house and provides plenty of storage, as do two garages offering parking for nine cars total. The grounds at Cresswell manor are designed for four-season enjoyment, but of course spring and summer are peak times to use its outdoor terraces for dining and entertaining. All terraces and flower beds have been rebuilt with new drainage; a 31-zone irrigation system is installed; and the pond has been rebuilt with new aerators. New pool equipment ensures this feature is ready for summer. Gracious and sophisticated, yet completely comfortable for everyday living, Cresswell Manor is a home where you likely will find yourself using, and enjoying, every room. Easy to move into and embrace a manor house lifestyle that is a short walk from Fairmount Park and Forbidden Drive and minutes from the train into Center City Philadelphia and the charming commercial district in Chestnut Hill proper.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Attic, Breakfast Area, Built-Ins, Butlers Pantry, Cedar Closet(s), Crown Moldings, Elevator, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 16
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 8045
  • Living Area Sq Ft: 7335
  • Price Per Sq Ft: 381.05
  • Above Grade Finished Sq Ft: 7335
  • Above Grade Unfinished Sq Ft: 710
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 6
  • Upper Level Bathrooms: 6.00
  • Upper Level Full Bathrooms: 6
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage, Storage Barn/Shed
  • Construction Materials: Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outbuilding(s), Stone Retaining Walls, Underground Lawn Sprinkler, Hot Tub
  • Pool Features: In Ground, Pool/Spa Combo
  • Roof: Slate
  • View: Garden/Lawn, Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Fenced, Paved Driveway, Private
  • Garage Features: Built In, Oversized
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Attached Garage, Detached Garage, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1248520.00
  • Land Assessed Value: 535080.00
  • Land Use Code: D48
  • Lot Features: Landscaping, Partly Wooded, Pond, Private
  • Lot Size Acres: 3.43
  • Lot Dimensions: 297.63 x 195.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 149417.00
  • Outdoor Living Structures: Balcony, Patio(s), Terrace
  • Year Assessed: 2020
  • Zoning: RSD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 930785
  • School Tax: 13700.00
  • Tax Annual Amount: 24967.00
  • Assessor Parcel Number: 092237700
  • Tax Lot: 88
  • Tax Total Finished Sq Ft: 6820
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/20/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Oct 8, 2020
Sold by
Maeter Tracy L
Bought by
Brown Mark A
Seller's Agent
Melanie Stecura
Kurfiss Sotheby's International Realty
Buyer's Agent
Dominic Fuscia
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%
Current Estimated Value
$3,166,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,304
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,500,000
Outstanding Balance
$1,289,441
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,764,744

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jun 29, 2016
Sold by
Maloumian Royden M and Maloumian Carey T
Bought by
Maeter Tracy L
Seller's Agent
Melanie Stecura
Kurfiss Sotheby's International Realty
Buyer's Agent
Melanie Stecura
Kurfiss Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,050,000
Premium/Discount to List
-$445,000
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$1,100,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1981
Bought by
Maloumian Royden M and Maloumian Carey
Source: Public Records

Range of Values:

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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
Brown Mark A $2,500,000 Title Services
Maeter Tracy L $2,050,000 None Available
Maloumian Royden M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mark A $1,500,000
Previous Owner Maeter Tracy L $1,100,000
Previous Owner Maloumian Royden M $750,000
Previous Owner Maloumian Royden M $250,000
Previous Owner Maloumian Royden M $1,568,000
Previous Owner Maloumian Royden M $1,000,000
Previous Owner Maloumian Carey T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $2,500,000 -10.6% $341 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $2,795,000 -6.7% $381 / Sq Ft
05/08/2020 05/08/20 For Sale $2,995,000 +46.1% $408 / Sq Ft
06/29/2016 06/29/16 Sold $2,050,000 -17.8% $301 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $2,495,000 -- $366 / 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 $28,696 $2,447,000 $489,400 $1,957,600
2024 $28,696 $2,447,000 $489,400 $1,957,600
2023 $38,076 $2,050,000 $410,000 $1,640,000
2022 $24,337 $2,675,100 $544,020 $2,131,080
2021 $24,967 $0 $0 $0
2020 $24,967 $0 $0 $0
2019 $26,057 $0 $0 $0
2018 $21,000 $0 $0 $0
2017 $21,000 $0 $0 $0
2016 $20,580 $0 $0 $0
2015 $19,923 $0 $0 $0
2014 -- $1,516,800 $298,800 $1,218,000
2012 -- $186,496 $100,415 $86,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH891592

Bright MLS

APN: 092237700