T
Seller's Agent in 2021
Thomas McBride
Keller Williams Real Estate -Exton
(484) 645-2741
1 in this area
4 Total Sales
242 Philip Place Philadelphia, PA 19106
Society Hill NeighborhoodEstimated Value: $1,198,000 - $1,698,000
3
Beds
5
Baths
2,520
Sq Ft
$536/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- Historic Home
- 3-minute walk to Three Bears Park
- 90% Forced Air Heating and Cooling System
About This Home
As of August 2021Rare opportunity to own this I.M. Pei designed home. This property is waiting for its new owners to turn their dreams into drawings and transform this space into an oasis in the heart of Society Hill. It is truly a walk to anywhere property. Minutes to your new favorite restaurant, bar, or shopping district. From Betsy Ross’ home to the Liberty Bell, to Washington Square, you are surrounded by historic architecture and more history than any other city in America. Enjoy al Fresco dining in your private brick-paved, landscaped backyard. Your car is parked just steps from your backyard in a gated, private parking lot with a deeded parking space. The magnificent backdrop of this property is layered with lush gardens and a well-manicured courtyard. These properties do not go on the market very often. New HVAC, new sliding patio, new hot water heater. First floor entry foyer, galley kitchen with sitting room, powder room, dining room which opens up to the spacious brick patio. Second Floor features great room with real wood fireplace, home office/study, half-bath and large closet. Third floor has primary master suite with wall-to-wall closets and full bath, 2 additional bedrooms plus full hall bath. Lower floor with family room, large bedroom with en suite bath (perfect for in-law/guest room). Abundant natural light throughout and lots of closets. This home is ready for your contractor or move in immediately and do the work yourself. Don’t let this be the one that got away!
Last Agent to Sell the Property
(484) 645-2741 tmcbride1@kw.com Keller Williams Real Estate -Exton License #RS347374 Listed on: 07/16/2021
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $15,143
Year Built
- Built in 1970
Lot Details
- 1,293 Sq Ft Lot
- Lot Dimensions are 19.95 x 64.79
- Historic Home
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Midcentury Modern Architecture
- Masonry
Interior Spaces
- 2,520 Sq Ft Home
- Property has 3 Levels
- Brick Fireplace
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- 1 Assigned Parking Space
Utilities
- 90% Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 241
- Assessor Parcel Number 051047681
Community Details
Overview
- Washington Square Townhouses, Inc HOA
- Society Hill Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2021
Closed on
Aug 28, 2021
Sold by
Jennie Hochstrasser
Bought by
Peet Maria N and Peet David L
Seller's Agent
Thomas McBride
Keller Williams Real Estate -Exton
Buyer's Agent
Emily Seroska
Compass RE
List Price
$899,000
Sold Price
$957,500
Premium/Discount to List
$58,500
6.51%
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
$393,833
Avg. Annual Appreciation
8.70%
Purchase Details
Closed on
Jun 17, 2009
Sold by
Hochstrasser Robin M and Hochstrasser Carol
Bought by
Hochstrasser Carol
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peet Maria N | $957,500 | Commonground Abstract | |
| Hochstrasser Carol | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $957,500 | +6.5% | $380 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 07/16/2021 07/16/21 | For Sale | $899,000 | -- | $357 / 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 | $17,306 | $1,296,800 | $259,360 | $1,037,440 |
| 2024 | $17,306 | $1,296,800 | $259,360 | $1,037,440 |
| 2023 | $17,306 | $1,236,300 | $247,260 | $989,040 |
| 2022 | $14,513 | $1,191,300 | $247,260 | $944,040 |
| 2021 | $15,143 | $0 | $0 | $0 |
| 2020 | $15,143 | $0 | $0 | $0 |
| 2019 | $14,655 | $0 | $0 | $0 |
| 2018 | $11,638 | $0 | $0 | $0 |
| 2017 | $11,638 | $0 | $0 | $0 |
| 2016 | $11,003 | $0 | $0 | $0 |
| 2015 | $81,236 | $0 | $0 | $0 |
| 2014 | -- | $831,400 | $81,561 | $749,839 |
| 2012 | -- | $122,624 | $16,110 | $106,514 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas McBride
-
Linda Glass
Seller Co-Listing Agent in 2021
Linda Glass
Compass RE
(215) 704-4000
4 in this area
44 Total Sales
-
Emily Seroska
Buyer's Agent in 2021
Emily Seroska
Compass RE
(215) 859-2424
2 in this area
74 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2011052
APN: 051047681
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 283 Locust St
- 242 Locust St
- 2 Willings Alley Mews
- 259 S 4th St
- 220 Locust St Unit 2D
- 220 Locust St Unit 26AS
- 220 Locust St Unit 2DES
- 210 Locust St Unit 15EW
- 210 Locust St Unit 29HW
- 210 Locust St Unit 21E
- 210 Locust St Unit 29GW
- 210 Locust St Unit 29EFW
- 200 Locust St Unit 27FN
- 200 Locust St Unit 8A
- 200 Locust St Unit 24BN
- 211 25 S 4th St Unit 104
- 211 25 S 4th St Unit 404
- 211 25 S 4th St Unit 105
- 202 Spruce St
- 302 S 2nd St
- 240 Philip Place
- 244 Philip Place
- 246 Philip Place
- 238 Philip Place
- 248 Philip Place
- 236 Philip Place
- 250 Philip Place
- 234 Philip Place
- 284 Saint James Place
- 252 Philip Place
- 232 Philip Place
- 286 Saint James Place
- 254 Philip Place
- 254 Philip Place
- 281 Locust St
- 288 Saint James Place
- 290 Saint James Place
- 285 Locust St
- 292 Saint James Place
- 289 Locust St