NOT LISTED FOR SALE

Estimated Value: $1,752,000 - $2,045,348

7 Beds
5 Baths
8,866 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $1,245,000 $140 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,869/month

Highlights

  • 0.88 Acre Lot
  • Victorian Architecture
  • Beamed Ceilings
  • Wood Flooring
  • No HOA
  • Skylights

About This Home

As of August 2018

Welcome to 31 Summit Street, an exquisite historic home in the heart of Chestnut Hill. As soon as you enter the circular drive, you are immediately struck by the tranquility of the wrap around porch and drawn to the inviting double front door. This stunning Victorian offers amenities that today's buyer dreams of, while still maintaining the original character, high ceilings, expansive spaces, oversized windows and craftsmanship of a grand home. The spacious first floor includes: Sun-filled large living room with bay window, multiple fireplaces and pocket doors leading to oversized family room, adjacent updated granite kitchen with stainless steel Thermador appliances and custom cabinetry, large dining room perfect for entertaining and a gorgeous sunroom addition rounds out the impressive first floor. The second floor includes: Master suite with oversized full bath, walk-in closet, and adjoining office/sitting room, three additional bedrooms with ample closets and updated hall bath. The third floor has wonderful flexibility with bonus spaces of three rooms and a full bath; perfect for au pair, in-law, office space, media room or additional bedrooms. All this and newer roof, New 3 zone HVAC, interior and exterior shutters, exceptional wood floors, some original stained glass, and finished basement spaces with walkout entrance and fireplace. This exceptional property offers a private large yard with patio, gardens and mature landscaping. Designated a "certified wildlife habitat," uniquely situated just steps to the heart of Chestnut Hill allowing for evening strolls, short walks to two train lines, the restaurants, coffee shops and all the charming and convenient amenities "The Hill" has to offer. This is truly one-of-a-kind tranquility in an urban setting.

Last Agent to Sell the Property

Michael Sivel

(215) 247-3750 Michael.Sivel@foxroach.com BHHS Fox & Roach-Chestnut Hill Listed on: 10/03/2017

BHHS Fox & Roach-Chestnut Hill

Co-Listed By

Jennifer Rinella

(215) 287-7650 jennifer.rinella@foxroach.com BHHS Fox & Roach-Chestnut Hill License #RS271347

Last Buyer's Agent

Wendy Schwartz

(267) 435-8015 wendy.schwartz@compass.com Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,223

Year Built

  • Built in 1925

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 290x192
  • Southwest Facing Home
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned RSD1

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Pitched Roof
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Replacement Windows
  • Stained Glass
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5 Bathrooms
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 091131105

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,223

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Ceiling Fan(s), Stain/Lead Glass, Exposed Beams, Stall Shower
  • Window Features: Bay/Bow, Replacement
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 8866
  • Living Area Sq Ft: 8866
  • Net Sq Ft: 4906.00
  • Price Per Sq Ft: 175.91
  • Above Grade Finished Sq Ft: 7106
  • Below Grade Finished Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil, Natural Gas, Electric
  • Heating Type: Oil, Gas, Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.88
  • Lot Dimensions: 290X192
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38400.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Zoning: RSD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12223.00
  • Assessor Parcel Number: 091131105
  • Tax Lot: 71
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Aug 14, 2018
Sold by
Jain Anjani and Zechenter Elizabeth M
Bought by
Zimmer Pascal and Degenhardt Melissa
Seller's Agent
Michael Sivel
BHHS Fox & Roach-Chestnut Hill
Buyer's Agent
Wendy Schwartz
Compass RE
List Price
$1,375,000
Sold Price
$1,245,000
Premium/Discount to List
-$130,000
-9.45%
Current Estimated Value
$1,922,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,587
Avg. Annual Appreciation
6.20%
Original Mortgage
$251,234
Outstanding Balance
$217,732
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,704,855

Purchase Details

Closed on
Nov 28, 2000
Sold by
Cunningham Thomas John and Cunningham Suzanne M
Bought by
Jain Anjani and Zechenter Elzbieta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
7.64%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Mcdermott John B and Mcdermott James T
Bought by
Cunningham Thomas John and Cunningham Suzanne M
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
Zimmer Pascal $1,218,000 Northwest Abstract Co Inc
Jain Anjani $645,000 --
Cunningham Thomas John $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmer Pascal $251,234
Previous Owner Jain Anjani $516,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $1,245,000 -0.4% $140 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $1,250,000 -2.0% $141 / Sq Ft
04/26/2018 04/26/18 Price Changed $1,275,000 -3.8% $144 / Sq Ft
01/29/2018 01/29/18 Price Changed $1,325,000 -3.6% $149 / Sq Ft
10/04/2017 10/04/17 For Sale $1,375,000 -- $155 / 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
2026 $21,068 $1,804,600 $360,920 $1,443,680
2025 $21,068 $1,804,600 $360,920 $1,443,680
2024 $21,068 $1,804,600 $360,920 $1,443,680
2023 $21,068 $1,505,100 $301,020 $1,204,080
2022 $14,520 $1,460,100 $301,020 $1,159,080
2021 $15,150 $0 $0 $0
2020 $15,150 $0 $0 $0
2019 $15,812 $0 $0 $0
2018 $12,223 $0 $0 $0
2017 $12,223 $0 $0 $0
2016 $11,803 $0 $0 $0
2015 $8,547 $0 $0 $0
2014 -- $667,800 $299,916 $367,884
2012 -- $90,464 $59,894 $30,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001404253

Bright MLS

APN: 091131105