Seller's Agent in 2022
Margaux Genovese Pelegrin
Compass RE
(215) 205-2400
59 in this area
338 Total Sales
340 S Smedley St Philadelphia, PA 19103
Rittenhouse Square NeighborhoodEstimated Value: $867,000 - $1,078,000
3
Beds
2.5
Baths
1,799
Sq Ft
$540/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 4-minute walk to 15Th-16Th & Locust St
- Patio
- 1 Fireplace
- No HOA
- Central Air
About This Home
As of October 2022Welcome to 340 South Smedley Street in the heart of Rittenhouse Square! This 3 BR/2.5 BA townhouse is located on one of the most historic and charming blocks in Philadelphia - where neighbors are friends and everyone stops to take pictures! This home offers the perfect blend of historic character with sophisticated, modern touches. As you enter, you're welcomed into a charming vestibule with wainscoting and classic black & white checkerboard flooring. The main level features an open-concept living area, perfect for entertaining, which seamlessly flows into the dining room with a hand-crafted brass chandelier, followed by a thoughtfully designed kitchen. The kitchen features a custom paneled island with seating, high-end built-in refrigerator and Wolf range, quartz countertops, all drawer base cabinets, and a place for everything in a generously-sized pantry cabinet system. There's even a built-in walnut hutch to hold your glassware while concealing a radiator below. The cozy brick patio is right off of the kitchen where you can dine al fresco under string lights along with space for a grill and garden. A conveniently located powder room completes the first floor. Head upstairs to the second floor and enter into the light-filled den with gorgeous built-ins as well as a wood-burning fireplace featuring a soapstone hearth. In the back of the second floor is the quiet primary suite with both a walk-in closet and a wall of built-in closets, along with an en-suite bathroom. On the third floor you will find two nicely sized bedrooms and a recently updated hall bathroom. There is also a finished basement, which offers a newer washer/dryer unit, a built-in desk and bench for an office area, and plenty of additional storage. Several other highlights that make this home a true standout include the artisan light fixtures, wide plank white oak hardwood flooring, custom window treatments, and tasteful design elements throughout. The HVAC, furnace, water heater, sewer line and other mechanical items have been updated in the last few years. This amazing home is down the street from Rittenhouse Square and steps away from restaurants, shopping and the theatre district!
The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $10,008
Year Built
- Built in 1800
Lot Details
- 811 Sq Ft Lot
- Lot Dimensions are 16.00 x 51.00
Home Design
- Traditional Architecture
- Masonry
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Finished Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Outdoor Features
- Patio
Utilities
- Central Air
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Rittenhouse Square Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 081164100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2022
Closed on
Oct 12, 2022
Sold by
Altschuler Benjamin
Bought by
Froberg Andrew D and Mattern Shannon C
Seller's Agent
Margaux Genovese Pelegrin
Compass RE
Buyer's Agent
Sarah Robertson
Elfant Wissahickon-Rittenhouse Square
List Price
$955,000
Sold Price
$975,000
Premium/Discount to List
$20,000
2.09%
Views
2
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
-$3,230
Avg. Annual Appreciation
2.44%
Original Mortgage
$200,000
Outstanding Balance
$157,564
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$886,390
Purchase Details
Listed on
May 5, 2015
Closed on
Jul 20, 2015
Sold by
Wase Ellen R and Wase Gordon M
Bought by
Altschuler Benjamin and Altschuler Paula
Seller's Agent
Mark Wade
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Alison Goldblum
Compass RE
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$395,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 24, 1990
Bought by
Wase Gordon M and Wase Ellen R
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 |
|---|---|---|---|
| Froberg Andrew D | $975,000 | -- | |
| Altschuler Benjamin | $790,000 | None Available | |
| Wase Gordon M | $264,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mattem Shannon C | $200,000 | |
| Open | Froberg Andrew D | $575,000 | |
| Previous Owner | Shrager Ira B | $100,000 | |
| Previous Owner | Altschuler Benjamin | $395,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2022 10/21/22 | Sold | $975,000 | +2.1% | $542 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | For Sale | $955,000 | +20.9% | $531 / Sq Ft |
| 07/20/2015 07/20/15 | Sold | $790,000 | -1.2% | $531 / Sq Ft |
| 05/21/2015 05/21/15 | Pending | -- | -- | -- |
| 05/05/2015 05/05/15 | For Sale | $799,900 | -- | $538 / 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 | $9,698 | $950,000 | $190,000 | $760,000 |
| 2024 | $9,698 | $950,000 | $190,000 | $760,000 |
| 2023 | $9,698 | $692,800 | $138,560 | $554,240 |
| 2022 | $9,379 | $647,800 | $138,560 | $509,240 |
| 2021 | $10,009 | $0 | $0 | $0 |
| 2020 | $10,009 | $0 | $0 | $0 |
| 2019 | $9,685 | $0 | $0 | $0 |
| 2018 | $7,861 | $0 | $0 | $0 |
| 2017 | $7,861 | $0 | $0 | $0 |
| 2016 | $7,861 | $0 | $0 | $0 |
| 2015 | $7,051 | $0 | $0 | $0 |
| 2014 | -- | $561,600 | $53,147 | $508,453 |
| 2012 | -- | $61,408 | $16,578 | $44,830 |
Source: Public Records
Agents Affiliated with this Home
-
Margaux Genovese Pelegrin
-
Amy Light
Seller Co-Listing Agent in 2022
Amy Light
Compass RE
(917) 620-5788
3 in this area
33 Total Sales
-
Sarah Robertson
Buyer's Agent in 2022
Sarah Robertson
Elfant Wissahickon-Rittenhouse Square
(215) 208-7654
5 in this area
156 Total Sales
-
Karrie Gavin
Buyer Co-Listing Agent in 2022
Karrie Gavin
Elfant Wissahickon-Rittenhouse Square
(215) 260-1376
17 in this area
651 Total Sales
-
Mark Wade
Seller's Agent in 2015
Mark Wade
BHHS Fox & Roach
(267) 237-3404
10 in this area
101 Total Sales
-
Alison Goldblum
Buyer's Agent in 2015
Alison Goldblum
Compass RE
(215) 432-2490
2 in this area
14 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2158886
APN: 081164100
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