NOT LISTED FOR SALE

Estimated Value: $1,781,000 - $1,901,336

3 Beds
3.5 Baths
3,517 Sq Ft
$526/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $1,800,000 $512 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,746/month

113 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Traditional Architecture
  • 2 Fireplaces
  • Open Floorplan
  • Wood Flooring
  • 1-minute walk to Three Bears Park

About This Home

As of December 2020

Built in the mid-1700s, the rich history of this property will captivate even the most enthusiastic historian. During the American Revolution, prominent figures such as George Washington, Alexander Hamilton, Thomas Jefferson, Benjamin Franklin, and John Adams frequented 255 Pine Street to pay Governor Thomas McKean countless visits. Meticulous and thoughtful updates have transported the property into the modern day while holding onto its enchanting historical charm. Enter the stately home and you are greeted with 12 ft. trey ceilings, an abundance of natural light, a beautiful marble-surround wood burning fireplace, and rich wide plank pine floors. The 20 ft. wide corner property allows for a spacious open floor plan and windows on 3 sides promising abundant light. The dining room, large enough to accommodate a substantial gathering, is finished off with a spectacular chandelier that matches another in the living room, with both included in the sale. The renovated kitchen is complete with Wolf and Sub Zero appliances, custom cabinetry a marble breakfast bar that fits up to 4 stools and is complemented with a marble backsplash and limestone floors. There are pocket doors to allow the kitchen to be closed off or open to the living and dining spaces. The large window by the sink overlooks the beautiful back patio with two gardens, one of which has a sprawling hydrangea bush. The kitchen's welcome center, with built-in bench and hooks, provides a spacious entrance to the home from the garden or after parking in the private garage. This level also has a convenient powder room with lovely herringbone stone floors, a spacious and well organized coat closet, and is wired for surround sound and alarm system. Go up the second floor to find more high ceilings and the grand study with built-in desk, bookshelves, and cabinetry. This is the perfect place to work from home, with an attached deck providing a relaxing ambiance for the workday. On the same level, the breathtaking master suite houses a huge walk-in closet and ample room for a king-size sleeping arrangement with accompanying furniture. The updated master bathroom features gorgeous marble shower and marble topped double vanity. The third floor hosts a large bedroom suite with vaulted ceilings that can easily be converted into 2 bedrooms to make this a 4-bedroom home. This level has 8 spacious closets yes, 8! The lovely bathroom has a double vanity, glass enclosed shower, and jacuzzi tub. On the fourth floor you will find the third spacious bedroom suite with a full bathroom and another wood burning fireplace. The basement is home to the laundry, lots of additional storage, and an unbeatable wine cellar equipped with a separate split system for cooling and humidifying that is the ideal environment for almost 3,000 bottles of wine. This home really has it all: over 3,500 square feet, corner property with windows on 3 sides, dual-zone HVAC, garage parking, 2 outdoor spaces, large open rooms with lofty ceilings, an incredible amount of closets and storage space, as well as the fascinating history with all the modern amenities for the most discerning buyer.

Last Agent to Sell the Property

David Snyder

KW Empower License #RS223144L Listed on: 07/11/2020

KW Empower

Co-Listed By

Bridget Silver

KW Empower License #RS321918

Last Buyer's Agent

Andy Oei

BHHS Fox & Roach At the Harper, Rittenhouse Square

BHHS Fox & Roach At the Harper, Rittenhouse Square

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,266

Year Built

  • Built in 1750

Lot Details

  • 1,720 Sq Ft Lot
  • Lot Dimensions are 20.00 x 86.00
  • Historic Home
  • Property is in excellent condition

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Masonry

Interior Spaces

  • 3,517 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Wine Rack

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub

Utilities

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

Community Details

  • No Home Owners Association
  • Society Hill Subdivision

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 051179600

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,266

Year Built

Built in 1750

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Year Built: 1750
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Interior Amenities: Breakfast Area, Built-Ins, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Soaking Tub, Wine Storage, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3517
  • Living Area Sq Ft: 3517
  • Price Per Sq Ft: 568.38
  • Above Grade Finished Sq Ft: 3517
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 255

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Additional Storage Area, Covered Parking, Garage Door Opener, Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • 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

Lot Info

  • Land Use Code: P60
  • Lot Features: Corner
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 86.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1720.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 11669.00
  • Tax Annual Amount: 21266.00
  • Assessor Parcel Number: 051179600
  • Tax Lot: 164
  • Tax Total Finished Sq Ft: 3517
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Dec 9, 2020
Sold by
Montgomery Robert and Montgomery Kimberly
Bought by
Carota Peter A and Andress Jennifer O
Seller's Agent
David Snyder
KW Empower
Buyer's Agent
Andy Oei
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$2,275,000
Sold Price
$1,800,000
Premium/Discount to List
-$475,000
-20.88%
Current Estimated Value
$1,911,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,022
Avg. Annual Appreciation
0.82%
Original Mortgage
$600,000
Outstanding Balance
$541,173
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,328,415

Purchase Details

Listed on
Oct 17, 2011
Closed on
May 22, 2012
Sold by
Williams Christopher and Jensen Melissa
Bought by
Montgomery Robert and Montgomery Kimberly
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Robert Montgomery
Real Estate Matters, LLC
List Price
$1,595,000
Sold Price
$1,250,000
Premium/Discount to List
-$345,000
-21.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$1,000,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Cohen Lawrence I and Bailey Lisa
Bought by
Williams Christopher and Jensen Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Lonergan Robert A and Lonergan Marsha E
Bought by
Cohen Lawrence I and Bailey Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1999
Sold by
Stout David M
Bought by
Lonergan Robert A and Lonergan Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%

Purchase Details

Closed on
Nov 4, 1996
Sold by
Kamel Ihab L and Kamel Jane N
Bought by
Stout David M
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
Carota Peter A $1,800,000 None Available
Montgomery Robert $1,250,000 Fidelity Title Abstract Co
Williams Christopher $1,500,000 None Available
Cohen Lawrence I $1,100,000 --
Lonergan Robert A $800,000 Commonwealth Land Title Ins
Stout David M $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carota Peter A $600,000
Previous Owner Montgomery Robert H $1,150,000
Previous Owner Montgomery Robert $1,000,000
Previous Owner Williams Christopher $250,000
Previous Owner Williams Chris R $25,000
Previous Owner Williams Christopher $300,000
Previous Owner Williams Christopher $500,000
Previous Owner Cohen Lawrence I $880,000
Previous Owner Lonergan Robert A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $1,800,000 -10.0% $512 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/29/2020 10/29/20 Price Changed $1,999,000 -4.8% $568 / Sq Ft
09/16/2020 09/16/20 Price Changed $2,099,000 -7.7% $597 / Sq Ft
07/11/2020 07/11/20 For Sale $2,275,000 +82.0% $647 / Sq Ft
05/22/2012 05/22/12 Sold $1,250,000 -7.4% $355 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/01/2012 02/01/12 Price Changed $1,350,000 -15.4% $384 / Sq Ft
10/17/2011 10/17/11 For Sale $1,595,000 -- $454 / 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 $26,304 $1,898,300 $379,660 $1,518,640
2024 $26,304 $1,898,300 $379,660 $1,518,640
2023 $26,304 $1,879,100 $375,820 $1,503,280
2022 $20,636 $1,834,100 $375,820 $1,458,280
2021 $21,266 $0 $0 $0
2020 $21,266 $0 $0 $0
2019 $20,578 $0 $0 $0
2018 $17,078 $0 $0 $0
2017 $17,498 $0 $0 $0
2016 $17,078 $0 $0 $0
2015 $16,348 $0 $0 $0
2014 -- $1,250,000 $114,036 $1,135,964
2012 -- $165,120 $29,997 $135,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH913934

Bright MLS

APN: 051179600