$1,575,500
SOLD APR 4, 2025
3 Beds
5 Baths
3,500 Sq Ft
$50/mo HOA Fee

Recently Sold

$450 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Built-In Features
  • Patio
  • Corner Lot
  • Wet Bar
  • 3-minute walk to Three Bears Park

About This Home

As of April 2025

Welcome to 254 S. Philip Place in historic Society Hill. This park-facing corner townhome designed by I.M. Pei features deeded parking, a spacious terrace, and natural light that streams in from 3 exposures. The first level begins with an entree off Philip Place into a foyer with a dedicated coat closet. Continuing to the back of the home, you are welcomed into the living room with a view of the landscaped terrace through floor-to-ceiling glass sliders. The living room features striking in-laid hardwood flooring, high ceilings, and in-ceiling speakers and is adjacent to the kitchen. The kitchen offers sleek wood cabinetry, high-end appliances, stone counters, and backsplash, with openings into the living room and dining room. Completing this level is a conveniently located powder room. The second level of this magnificent home is striking, with views from the east, south & west. Currently used as two separate living spaces - the west side with views over the garden and a wet bar, and the east side with a fireplace and views over the courtyard and the Society Hill Towers. An additional powder room is located between the rooms. The primary suite is located on the 3rd level of this home and features custom built-in closets and an en-suite bathroom with a soaking tub, seamless glass shower, and custom vanities with storage. A second bedroom is across the hall with an en-suite bathroom with a single vanity sink & tub/shower combo. The finished lower level offers an additional guest bedroom with an en-suite bathroom, a home office/den with built-ins, a laundry room, and storage. This prime Society Hill location is within blocks of some of the best restaurants and retail in Philadelphia, along with neighborhood conveniences & green spaces.

Last Agent to Sell the Property

Margaux Genovese Pelegrin

(215) 205-2400 margaux.pelegrin@gmail.com Compass RE Listed on: 01/31/2025

Compass RE

Co-Listed By

Mary Genovese Colvin

(215) 806-1500 maryfgenovese@aol.com Compass RE

Last Buyer's Agent

Gregory D'Amico

(609) 472-1629 gregory.damico@foxroach.com BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS357655

BHHS Fox & Roach At the Harper, Rittenhouse Square

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,021

Year Built

  • Built in 1970

Lot Details

  • 1,428 Sq Ft Lot
  • Lot Dimensions are 22.00 x 65.00

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Built-In Features
  • Gas Fireplace
  • Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Radiant Heating System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • Association fees include snow removal
  • Society Hill Subdivision

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number 051047687

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,021

Year Built

Built in 1970

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Mid-Century Modern
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 254 S. Philip Place in historic Society Hill. This park-facing corner townhome designed by I.M. Pei features deeded parking, a spacious terrace, and natural light that streams in from 3 exposures. The first level begins with an entree off Philip Place into a foyer with a dedicated coat closet. Continuing to the back of the home, you are welcomed into the living room with a view of the landscaped terrace through floor-to-ceiling glass sliders. The living room features striking in-laid hardwood flooring, high ceilings, and in-ceiling speakers and is adjacent to the kitchen. The kitchen offers sleek wood cabinetry, high-end appliances, stone counters, and backsplash, with openings into the living room and dining room. Completing this level is a conveniently located powder room. The second level of this magnificent home is striking, with views from the east, south & west. Currently used as two separate living spaces - the west side with views over the garden and a wet bar, and the east side with a fireplace and views over the courtyard and the Society Hill Towers. An additional powder room is located between the rooms. The primary suite is located on the 3rd level of this home and features custom built-in closets and an en-suite bathroom with a soaking tub, seamless glass shower, and custom vanities with storage. A second bedroom is across the hall with an en-suite bathroom with a single vanity sink & tub/shower combo. The finished lower level offers an additional guest bedroom with an en-suite bathroom, a home office/den with built-ins, a laundry room, and storage. This prime Society Hill location is within blocks of some of the best restaurants and retail in Philadelphia, along with neighborhood conveniences & green spaces.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Wet/Dry Bar, Built-Ins
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 478.57
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 254

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiant, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 22.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1428.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 10091.00
  • Tax Annual Amount: 18021.00
  • Assessor Parcel Number: 051047687
  • Tax Lot: 246
  • Tax Total Finished Sq Ft: 2772
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/04/2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 3, 2025
Sold by
Carr John G
Bought by
Feeley Matthew and Harrison Brandon
Seller's Agent
Margaux Genovese Pelegrin
Compass RE
Buyer's Agent
Gregory D'Amico
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$1,675,000
Sold Price
$1,575,500
Premium/Discount to List
-$99,500
-5.94%
Views
122
Current Estimated Value
$1,559,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,833
Avg. Annual Appreciation
-2.00%
Original Mortgage
$1,575,500
Outstanding Balance
$1,568,773
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$9,106

Purchase Details

Closed on
Jul 21, 2022
Sold by
Constance Jacobs
Bought by
Carr John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 4, 2015
Sold by
Markovitz Susan R
Bought by
Jacobs Constance

Purchase Details

Closed on
Jul 19, 2005
Sold by
Ginsberg Peter E and Ginsberg John H
Bought by
Markovitz Alan F and Markovitz Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 1995
Sold by
Ginsberg Gerald
Bought by
The Aethena Qualified Personal Residence

Purchase Details

Closed on
Feb 3, 1995
Sold by
Kline Thomas R and Kline Paula W
Bought by
Ginsberg Gerald
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 Type Sale Price Title Company
Deed $1,575,500 Trident Land Transfer
Deed $1,360,000 Title Services
Deed $950,000 None Available
Deed $1,000,000 Chicago Title Insurance Comp
Deed -- --
Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,575,500 New Conventional
Previous Owner $1,088,000 Construction
Previous Owner $359,650 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $1,575,500 -5.9% $450 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $1,675,000 -- $479 / 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 $18,847 $1,287,400 $257,480 $1,029,920
2024 $18,847 $1,287,400 $257,480 $1,029,920
2023 $18,847 $1,346,400 $269,200 $1,077,200
2022 $15,007 $1,301,400 $269,200 $1,032,200
2021 $15,637 $0 $0 $0
2020 $15,637 $0 $0 $0
2019 $16,684 $0 $0 $0
2018 $12,699 $0 $0 $0
2017 $12,699 $0 $0 $0
2016 $12,279 $0 $0 $0
2015 $88,643 $0 $0 $0
2014 -- $907,200 $90,080 $817,120
2012 -- $125,888 $17,383 $108,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2440474

Bright MLS

APN: 051047687