NOT LISTED FOR SALE

Estimated Value: $2,028,000 - $2,106,000

6 Beds
4.5 Baths
5,796 Sq Ft
$354/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,595,000 $275 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,207/month

Highlights

  • 0.61 Acre Lot
  • 3-minute walk to Chestnut Hill East
  • 4 Fireplaces
  • Wood Flooring
  • Victorian Architecture
  • Bonus Room

About This Home

As of January 2021

Welcome to 21 Summit Street - Built in 1857, this 6 bedroom 4.5 bath Italianate Victorian stone masterpiece is believed to be the highest point of natural land in the city of Philadelphia. Built as a summer home for Samuel Austin, a Philadelphia attorney who purchased the land between the two Chestnut Hill railroad stations, the house has a walk-to-everything location that cannot be beat. You are greeted by soaring ceilings, gracious light-filled spaces, incredible original detail, millwork and hardwood floors throughout. The grand dining room is open to the renovated Chefs kitchen (2007) equipped with tons of cabinet space, high-end appliances including a SubZero refrigerator, Dacor range, Bosch dishwasher, a fireplace, island workspace, a desk area and a door to the back deck. Beyond the kitchen, enjoy the choice of two wonderful living spaces. The cozy den/living area with a fireplace and built-ins OR step up to the expansive solarium room of the addition with walls of windows and access to the outdoor wrap around mahogany deck with a cedar Pergola. The second floor offers 3 spacious bedrooms each with its own bathroom/suites including a lovely master bedroom with a walk-in closet and a newly renovated bathroom that offers two sinks, a walk-in seamless shower, gorgeous fixtures, tasteful finishes and radiant heat floors. The 2nd floor room of the addition is another sun drenched room with walls of windows and built-in cabinets/bookcases; perfect for an at home office or studio space. Three additional bedrooms and a renovated hall bath complete the third floor. Lets not forget the best part... access to the railing-enclosed platform on the roof. One can see the fireworks on the Delaware River on New Years Eve! Improvements include, three new natural gas high efficiency furnaces and two new central air conditioners, installed 2019, a resurfaced rubber roof in 2012 (coated in 2020), knob and tube wiring removed, new mahogany wrap around deck with cedar Pergola in 2011, new gas log set in den fireplace 2020, 400 bottle gated wine cellar remodeled 2018. Walk to EVERYTHING with it's Top of the Hill location (literally), including the R8 & R7 Septa rail lines, steps to Germantown Avenue's shops and restaurants, walkable to the Wissahickon trails, the Morris Arboretum, Woodmere Art Museum and so much more! This home is Historically registered.

Last Agent to Sell the Property

Megan Cornely

(267) 625-6282 megan.cornely@compass.com Compass RE Listed on: 09/01/2020

Compass RE

Last Buyer's Agent

Karrie Gavin

(215) 260-1376 karrie@elfantwissahickon.com Elfant Wissahickon-Rittenhouse Square License #RS317681

Elfant Wissahickon-Rittenhouse Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,947

Year Built

  • Built in 1857

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 166.66 x 159.33
  • Historic Home
  • Property is in very good condition
  • Property is zoned RSD1

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Victorian Architecture
  • Stone Siding

Interior Spaces

  • 5,796 Sq Ft Home
  • Property has 3 Levels
  • 4 Fireplaces
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Interior and Exterior Basement Entry
  • Workshop
  • Laundry in Basement
  • Natural lighting in basement
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 091130900

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,947

Year Built

Built in 1857

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: 2nd floor hall chandelier
  • Historic: Yes
  • Inclusions: Washer, dryer refrigerators, security cameras, all window treatments and blinds
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1857
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 21 Summit Street - Built in 1857, this 6 bedroom 4.5 bath Italianate Victorian stone masterpiece is believed to be the highest point of natural land in the city of Philadelphia. Built as a summer home for Samuel Austin, a Philadelphia attorney who purchased the land between the two Chestnut Hill railroad stations, the house has a walk-to-everything location that cannot be beat. You are greeted by soaring ceilings, gracious light-filled spaces, incredible original detail, millwork and hardwood floors throughout. The grand dining room is open to the renovated Chefs kitchen (2007) equipped with tons of cabinet space, high-end appliances including a SubZero refrigerator, Dacor range, Bosch dishwasher, a fireplace, island workspace, a desk area and a door to the back deck. Beyond the kitchen, enjoy the choice of two wonderful living spaces. The cozy den/living area with a fireplace and built-ins OR step up to the expansive solarium room of the addition with walls of windows and access to the outdoor wrap around mahogany deck with a cedar Pergola. The second floor offers 3 spacious bedrooms each with its own bathroom/suites including a lovely master bedroom with a walk-in closet and a newly renovated bathroom that offers two sinks, a walk-in seamless shower, gorgeous fixtures, tasteful finishes and radiant heat floors. The 2nd floor room of the addition is another sun drenched room with walls of windows and built-in cabinets/bookcases; perfect for an at home office or studio space. Three additional bedrooms and a renovated hall bath complete the third floor. Lets not forget the best part... access to the railing-enclosed platform on the roof. One can see the fireworks on the Delaware River on New Years Eve! Improvements include, three new natural gas high efficiency furnaces and two new central air conditioners, installed 2019, a resurfaced rubber roof in 2012 (coated in 2020), knob and tube wiring removed, new mahogany wrap around deck with cedar Pergola in 2011, new gas log set in den fireplace 2020, 400 bottle gated wine cellar remodeled 2018. Walk to EVERYTHING with it's Top of the Hill location (literally), including the R8 & R7 Septa rail lines, steps to Germantown Avenue's shops and restaurants, walkable to the Wissahickon trails, the Morris Arboretum, Woodmere Art Museum and so much more! This home is Historically registered.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 4
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Office, Bathroom 1, Bathroom 2, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Daylight, Partial, Daylight, Full, Outside Entrance, Interior Access, Workshop
  • Laundry Type: Basement
  • Total Sq Ft: 5796
  • Living Area Sq Ft: 5796
  • Price Per Sq Ft: 275.19
  • Above Grade Finished Sq Ft: 5796
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Additional Storage Area, Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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
  • Municipal Trash: Yes

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: 597450.00
  • Land Assessed Value: 256050.00
  • Land Use Code: C58
  • Lot Size Acres: 0.61
  • Lot Dimensions: 166.66 x 159.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26554.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RSD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 927968
  • School Tax: 6556.00
  • Tax Annual Amount: 11947.00
  • Assessor Parcel Number: 091130900
  • Tax Lot: 68
  • Tax Total Finished Sq Ft: 5796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/04/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 18, 2020
Sold by
Farrac William N and Farrun Jane Biller
Bought by
Barone William A and Barone Aylvia Lanka
Seller's Agent
Megan Cornely
Compass RE
Buyer's Agent
Karrie Gavin
Elfant Wissahickon-Rittenhouse Square
List Price
$1,595,000
Sold Price
$1,595,000
Current Estimated Value
$2,052,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,874
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
May 27, 2003
Sold by
Doty Ralph T and Doty Lee Walker
Bought by
Hiller Farran Iii William N and Hiller Farran Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%
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
Barone William A $1,595,000 Northwest Abstract Co Inc
Hiller Farran Iii William N $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiller Farran Iii William N $400,000
Closed Hiller Farran Iii William N $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $1,595,000 0.0% $275 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $1,595,000 -- $275 / 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
2026 $16,898 $1,682,500 $336,500 $1,346,000
2025 $16,898 $1,682,500 $336,500 $1,346,000
2024 $16,898 $1,682,500 $336,500 $1,346,000
2023 $16,898 $1,207,200 $241,440 $965,760
2022 $16,268 $1,162,200 $241,440 $920,760
2021 $11,947 $0 $0 $0
2020 $11,947 $0 $0 $0
2019 $12,469 $0 $0 $0
2018 $0 $0 $0 $0
2017 $12,425 $0 $0 $0
2016 $12,021 $0 $0 $0
2015 $11,048 $0 $0 $0
2014 -- $853,300 $383,227 $470,073
2012 -- $107,840 $39,885 $67,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH930546

Bright MLS

APN: 091130900