Seller's Agent in 2017
John Portland
BHHS Fox & Roach
(267) 237-3743
1 in this area
23 Total Sales
242 S 3rd St Philadelphia, PA 19106
Society Hill NeighborhoodEstimated Value: $2,090,688 - $3,000,000
7
Beds
4.5
Baths
6,500
Sq Ft
$385/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Attic
- Skylights
- Wood Flooring
- No HOA
- 2-minute walk to Three Bears Park
About This Home
As of July 2017Magnificent John Penn House-Mansion Row. George Washington made his head quarters on this site over the winter of 1781-82. The current home was rebuilt on the same foundation in 1830 in the popular Greek Revival style. Rarely does a home with this historical provenance & size, come on the market. A total $1M dollar restoration of the highest quality & attention to historical detail completed in 2002. 242 is on the National Historic Register, the Philadelphia Register of Historic Homes, & is comprised of 4 stories, 14 rooms, 7 BR, 4 full bths, 1 half bth, 8 FPL (3 functioning), Grand Ball Room, library/office, formal dining rm, formal living rm, study/den, cust eat-in kitch. This home offers over 6650 sf (per appraisal) of living space all of which are impeccable w/stunning detail. There is 1900 square feet of basement space. The lot is a dynamic 24.41' (Wide) X 125.41' (Deep). This home also offers 3 zone A/C, 3 zone heating system w/central Weil McLean gas boiler & humidification system. Original Heart Pine fls. 1st Floor: Formal Parlor (15' X 24') 14' ceilings, gas burning mbl FPL, period light fixture, crown moldings, Bradbury wall coverings, FDR (16' X 24'), exquisite Marie Theresa 29 light chandelier, Bradbury wall coverings, tall windows overlooking gdn. Den/fam rm (14' X 20') w/ wood burning FPL open to huge cust kitch (15' X 23') w all cust cabinetry, Dupont Zodiac Quartz counters, stainless apl incl DCS 36" six burner gas range, built-in 42" Kitchen Aid refrig & D/W, rear breakfast area-center-island, door to side gdn for outdoor dining. 2nd Floor: Grand Ball Room (24' X 24') w/ 14 ft. ceilings, three 7.5' tall windows overlooking 3rd St., period light fixture, mbl gas FPL, period crown moldings Library/office (17' X 24' could be large BR w/half bth) attached book shelves, plumbed for future wet bar.The rear of this floor is a 43' triple BR suite-sitting rm, gas burning King of Prussia FPL, dressing rm, BR-lovely tiled bth w/shower stall. 3rd Fl: Lux MBR Suite, spa bth (14' X 17'), glass encl free standing shower stall, soaking tub-dbl sinks-limestone counters, Groehe fixt, bidet, lndry closet-full sized Maytag W/D (gas), cust his/hers walk-in closets, MBR (15' X 24') 11 ft. ceilings, gas burn King of Prussia mbl FPL, Bradbury wall coverings. Next to MBR suite is an (8' X 18') rm for nursery, walk-in closet, small BR, extra storage. 4th Fl: 3 sunny rms for guests, storage, + a full tiled hall bth. 2 years pre-paid parking with acceptable offe
Last Agent to Sell the Property
BHHS Fox & Roach At the Harper, Rittenhouse Square Listed on: 01/23/2017
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $23,340
Year Built
- Built in 1831
Lot Details
- 3,061 Sq Ft Lot
- Lot Dimensions are 24.41x125
- Side Yard
- Property is in good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,500 Sq Ft Home
- Property has 3 Levels
- Ceiling height of 9 feet or more
- Skylights
- Marble Fireplace
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Home Security System
- Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Self-Cleaning Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- In-Law or Guest Suite
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Laundry in Basement
Parking
- 1 Open Parking Space
- Prepaid Parking
- Rented or Permit Required
Utilities
- Central Air
- Radiator
- Heating System Uses Gas
- 200+ Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Society Hill Subdivision
Listing and Financial Details
- Tax Lot 130
- Assessor Parcel Number 051063200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2017
Closed on
Jul 5, 2017
Sold by
Bury Robert H
Bought by
Scafidi Richard F and Rooney Genevinve
Seller's Agent
John Portland
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Mary Genovese Colvin
Compass RE
List Price
$2,450,000
Sold Price
$2,050,000
Premium/Discount to List
-$400,000
-16.33%
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
$437,958
Avg. Annual Appreciation
4.01%
Original Mortgage
$1,500,000
Outstanding Balance
$1,270,109
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,547,401
Purchase Details
Closed on
Aug 8, 2001
Sold by
Simeone Frederick A
Bought by
Bury Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
7.06%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 10, 1997
Sold by
Green John D
Bought by
Bankers Trust Company Of California and Rtc Mtg
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 |
|---|---|---|---|
| Scafidi Richard F | $2,050,000 | None Available | |
| Bury Robert H | $875,000 | -- | |
| Bankers Trust Company Of California | $3,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scafidi Richard F | $740,000 | |
| Open | Scafidi Richard F | $1,500,000 | |
| Previous Owner | Bury Robert H | $1,120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2017 07/10/17 | Sold | $2,050,000 | -2.3% | $315 / Sq Ft |
| 06/06/2017 06/06/17 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | Price Changed | $2,099,000 | -6.7% | $323 / Sq Ft |
| 04/17/2017 04/17/17 | Price Changed | $2,250,000 | -8.2% | $346 / Sq Ft |
| 01/23/2017 01/23/17 | For Sale | $2,450,000 | -- | $377 / 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 | $31,146 | $2,833,500 | $566,700 | $2,266,800 |
| 2024 | $31,146 | $2,833,500 | $566,700 | $2,266,800 |
| 2023 | $31,146 | $2,225,000 | $445,000 | $1,780,000 |
| 2022 | $29,334 | $2,225,000 | $445,000 | $1,780,000 |
| 2021 | $29,334 | $0 | $0 | $0 |
| 2020 | $29,334 | $0 | $0 | $0 |
| 2019 | $28,387 | $0 | $0 | $0 |
| 2018 | $23,340 | $0 | $0 | $0 |
| 2017 | $23,340 | $0 | $0 | $0 |
| 2016 | $23,340 | $0 | $0 | $0 |
| 2015 | $22,343 | $0 | $0 | $0 |
| 2014 | -- | $1,912,400 | $202,961 | $1,709,439 |
| 2012 | -- | $177,856 | $67,454 | $110,402 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Mary Genovese Colvin
Compass RE
(215) 806-1500
14 in this area
108 Total Sales
Map
Source: Bright MLS
MLS Number: 1003214433
APN: 051063200
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