NOT LISTED FOR SALE

Estimated Value: $620,000 - $847,000

7 Beds
2 Baths
2,720 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $685,000 $252 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,718/month

157 Days on Market

Highlights

  • City View
  • 2-minute walk to 12Th-13Th & Locust St
  • Traditional Architecture
  • Open Floorplan
  • Premium Lot
  • 4-minute walk to Kahn Park

About This Home

As of November 2022

Blue Chip Extra-Wide 4-Story Corner Property in Center City Proper (Midtown Village/Washington Square West). 20' wide including bump outs on Cypress. Currently arranged as a 7 bedroom/2 bathroom mansion; however, zoned CMX-2, with a full height basement and egress for 2 additional bedrooms, so the best use is likely not the existing arrangement. Property needs love but has terrific original details, including exposed wood beams, gorgeous original wood floors, stained glass windows, chandeliers, multiple fireplaces w/ornate mantles, and a truly gorgeous brick corner facade. Across the street from the new Midtown Hilton, just south of restaurant row, about 1 block from the Kimmel Center, and just off the campus of University of the Arts. Property sits among rapid large-scale development in Midtown Village of Downtown Center City. Property has two (2) rear Juliet balconies overlooking the Kimmel Center and the brand new all-glass Arthaus skyscraper. Very close to the Broad Street Line and Locust Street Line. Develop the property into a new use, or design a modern, livable masterpiece that retains all the vintage charm.

Last Agent to Sell the Property

Rich Gelman

BHHS Fox & Roach-Center City Walnut Listed on: 04/27/2022

BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

John LI

BY Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,101

Year Built

  • Built in 1920

Lot Details

  • 663 Sq Ft Lot
  • Lot Dimensions are 17.00 x 40.00
  • Property is Fully Fenced
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Bump-Outs
  • Masonry

Interior Spaces

  • 2,720 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Brick Fireplace
  • Stained Glass
  • Family Room Off Kitchen
  • Formal Dining Room
  • Solid Hardwood Flooring
  • City Views

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Stove
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Shelving
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 053154100

Community Details

Overview

  • No Home Owners Association
  • Washington Sq West Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,101

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Property.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Cooktop, Disposal, Built-In Range, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove
  • Flooring Type: Wood, Solid Hardwood
  • Interior Amenities: Built-Ins, Cedar Closet(s), Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Soaking Tub, Stain/Lead Glass, Stall Shower, Upgraded Countertops, Wood Floors
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 4
  • Room Count: 16
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Connecting Stairway, Interior Access, Shelving, Space For Rooms, Windows
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2720
  • Price Per Sq Ft: 255.51
  • Above Grade Finished Sq Ft: 2720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 304

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Bump-Outs, Exterior Lighting, Sidewalks
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Phone Available, Electric Available, Cable Tv Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable, Fiber Optic

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

  • Horses: No
  • Fencing: Fully
  • Land Use Code: O60
  • Lot Features: Corner, Premium
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17.00 x 40.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 663.00
  • Year Assessed: 2022
  • Zoning: CMX2

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 3348.00
  • Tax Annual Amount: 6101.00
  • Assessor Parcel Number: 053154100
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1824
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/23/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Nov 18, 2022
Sold by
Midtown Village Llc
Bought by
Hong Fai Llc
Seller's Agent
Rich Gelman
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
John LI
BY Real Estate
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
6
Current Estimated Value
$755,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,166
Avg. Annual Appreciation
8.12%
Original Mortgage
$513,750
Outstanding Balance
$500,862
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$348,084

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 7, 2019
Sold by
Edelman Michael J and Edelman Kaithlin M
Bought by
Midtown Village Llc
Seller's Agent
Brian Stetler
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$499,000
Sold Price
$502,700
Premium/Discount to List
$3,700
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$530,438
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 28, 2015
Sold by
Green Lewis P and Green Catherine W
Bought by
Edelman Michael J and Edelman Kaitlin M
Seller's Agent
Suzanne Petruzel
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Ginna Anderson
Long & Foster Real Estate, Inc.
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$417,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1968
Bought by
Lewis Lewis P and Lewis Catherine W
Source: Public Records

Range of Values:

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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
Hong Fai Llc $685,000 --
Midtown Village Llc $502,700 City Abstract Llc
Edelman Michael J $439,000 None Available
Lewis Lewis P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Fai Llc $513,750
Previous Owner Midtown Village Llc $530,438
Previous Owner Edelman Michael J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $685,000 -1.4% $252 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/25/2022 09/25/22 Price Changed $695,000 -0.3% $256 / Sq Ft
09/14/2022 09/14/22 Price Changed $697,000 -0.3% $256 / Sq Ft
08/21/2022 08/21/22 For Sale $699,000 +2.0% $257 / Sq Ft
08/19/2022 08/19/22 Off Market $685,000 -- --
08/01/2022 08/01/22 Price Changed $699,000 -6.7% $257 / Sq Ft
07/28/2022 07/28/22 Price Changed $749,000 -5.1% $275 / Sq Ft
07/26/2022 07/26/22 Price Changed $789,000 -0.8% $290 / Sq Ft
07/23/2022 07/23/22 Price Changed $795,000 -0.5% $292 / Sq Ft
07/11/2022 07/11/22 Price Changed $799,000 -2.4% $294 / Sq Ft
07/07/2022 07/07/22 Price Changed $819,000 -1.2% $301 / Sq Ft
06/23/2022 06/23/22 Price Changed $829,000 -2.4% $305 / Sq Ft
06/15/2022 06/15/22 Price Changed $849,000 -1.2% $312 / Sq Ft
05/26/2022 05/26/22 Price Changed $859,000 -1.2% $316 / Sq Ft
05/20/2022 05/20/22 Price Changed $869,000 -0.7% $319 / Sq Ft
05/12/2022 05/12/22 Price Changed $875,000 -1.5% $322 / Sq Ft
05/10/2022 05/10/22 Price Changed $888,000 -0.8% $326 / Sq Ft
04/27/2022 04/27/22 For Sale $895,000 +78.0% $329 / Sq Ft
05/10/2019 05/10/19 Sold $502,700 +0.7% $276 / Sq Ft
04/10/2019 04/10/19 For Sale $499,000 +13.7% $274 / Sq Ft
08/28/2015 08/28/15 Sold $439,000 0.0% $241 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $439,000 -- $241 / 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 $7,251 $651,700 $130,340 $521,360
2024 $7,251 $651,700 $130,340 $521,360
2023 $7,251 $518,000 $103,600 $414,400
2022 $5,472 $473,000 $103,600 $369,400
2021 $6,102 $0 $0 $0
2020 $6,102 $0 $0 $0
2019 $5,906 $0 $0 $0
2018 $6,156 $0 $0 $0
2017 $6,156 $0 $0 $0
2016 $3,838 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $439,800 $41,185 $398,615
2012 -- $29,248 $4,822 $24,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2109468

Bright MLS

APN: 053154100