NOT LISTED FOR SALE

Estimated Value: $473,000 - $593,000

2 Beds
2 Baths
1,182 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $475,000 $402 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,169/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to 15Th-16Th & Locust St
  • Forced Air Heating System
  • No HOA

About This Home

As of May 2024

Tucked away on the picturesque 300 block of South Smedley Street, between Spruce and Pine in the heart of Rittenhouse Square, 350 S. Smedley Street emerges as a renovation-ready gem, offering an unmatched blend of historical charm and future promise. This potential-packed property, standing proudly at 16’ wide, greets with original hardwood floors that lead through a welcoming main level to a private patio, setting the stage for both quiet moments and vibrant gatherings. Natural light dances through the upstairs, courtesy of large windows and a skylight in the bathroom, illuminating two spacious bedrooms and casting a serene glow over what can become an exquisite retreat. The substantial lower level unveils itself as a restoration opportunity, presenting a space envisioned for transformation into a guest room, complete with an en suite bathroom awaiting a visionary's touch. This customizable charmer, while currently in need of some love and care, boasts a solid structure and is primed for modern enhancements, including an HVAC system that only requires a condenser unit to spring to life. This home benefits from being located inside the Center City District which offers enhanced services such as street cleaning and patrolling. The home also lies within the desirable Greenfield School catchment area. With a walk score of 99, the property places the vibrancy of Rittenhouse Square's famed dining, cafes, and boutiques just steps away, promising a lifestyle marked by convenience and charm.

Last Agent to Sell the Property

James Price

KW Empower Listed on: 03/26/2024

KW Empower

Last Buyer's Agent

Jahlil Edwards

OCF Realty LLC - Philadelphia License #RS338180

OCF Realty LLC - Philadelphia

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 1950

Lot Details

  • 568 Sq Ft Lot
  • Lot Dimensions are 16.00 x 36.00

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Albert M. Greenfield Elementary School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Rittenhouse Square Subdivision

Listing and Financial Details

  • Tax Lot 260
  • Assessor Parcel Number 081164700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,661

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-28
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Tucked away on the picturesque 300 block of South Smedley Street, between Spruce and Pine in the heart of Rittenhouse Square, 350 S. Smedley Street emerges as a renovation-ready gem, offering an unmatched blend of historical charm and future promise. This potential-packed property, standing proudly at 16’ wide, greets with original hardwood floors that lead through a welcoming main level to a private patio, setting the stage for both quiet moments and vibrant gatherings. Natural light dances through the upstairs, courtesy of large windows and a skylight in the bathroom, illuminating two spacious bedrooms and casting a serene glow over what can become an exquisite retreat. The substantial lower level unveils itself as a restoration opportunity, presenting a space envisioned for transformation into a guest room, complete with an en suite bathroom awaiting a visionary's touch. This customizable charmer, while currently in need of some love and care, boasts a solid structure and is primed for modern enhancements, including an HVAC system that only requires a condenser unit to spring to life. This home benefits from being located inside the Center City District which offers enhanced services such as street cleaning and patrolling. The home also lies within the desirable Greenfield School catchment area. With a walk score of 99, the property places the vibrancy of Rittenhouse Square's famed dining, cafes, and boutiques just steps away, promising a lifestyle marked by convenience and charm.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1182
  • Living Area Sq Ft: 1182
  • Price Per Sq Ft: 570.91
  • Above Grade Finished Sq Ft: 832
  • Below Grade Finished Sq Ft: 350
  • Total Below Grade Sq Ft: 350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 350

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full 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: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • Elementary School: ALBERT M. GREENFIELD
  • Elementary School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: ALBERT M. GREENFIELD

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.01
  • Lot Dimensions: 16.00 x 36.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 568.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2557.00
  • Tax Annual Amount: 4661.00
  • Assessor Parcel Number: 081164700
  • Tax Lot: 260
  • Tax Total Finished Sq Ft: 832
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/03/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Apr 19, 2024
Sold by
Crane Kevin
Bought by
Regina Kurapova and Gome Filho Luiz
Seller's Agent
James Price
KW Empower
Buyer's Agent
Jahlil Edwards
OCF Realty LLC - Philadelphia
List Price
$400,000
Sold Price
$475,000
Premium/Discount to List
$75,000
18.75%
Views
69
Current Estimated Value
$524,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,030
Avg. Annual Appreciation
2.66%
Original Mortgage
$451,250
Outstanding Balance
$446,888
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$44,623

Purchase Details

Closed on
Jul 13, 2015
Sold by
Shrager Ira B and Crane Kevin
Bought by
Shrager Ira B and Crane Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2015
Sold by
Shrager Ira B
Bought by
Shrager Ira B and Crane Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1997
Sold by
Benethum Christopher D
Bought by
Shrager Ira B

Purchase Details

Closed on
Jun 20, 1996
Sold by
Woskey Thomas and Woskey Thomas P
Bought by
Bennethum Christopher D
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
Regina Kurapova $475,000 None Listed On Document
Shrager Ira B -- None Available
Shrager Ira B $140,000 Unisource
Shrager Ira B $140,000 --
Bennethum Christopher D $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regina Kurapova $451,250
Previous Owner Shrager Ira B $232,000
Previous Owner Shrager Ira B $199,650
Previous Owner Shrager Ira B $224,679
Previous Owner Shrager Ira B $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $475,000 0.0% $402 / Sq Ft
03/29/2024 03/29/24 Price Changed $475,000 +18.8% $402 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $400,000 -- $338 / 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 $4,661 $554,800 $110,960 $443,840
2024 $4,661 $554,800 $110,960 $443,840
2023 $4,661 $477,700 $95,540 $382,160
2022 $4,661 $333,000 $95,540 $237,460
2021 $4,661 $0 $0 $0
2020 $4,661 $0 $0 $0
2019 $4,661 $0 $0 $0
2018 $4,661 $0 $0 $0
2017 $4,661 $0 $0 $0
2016 $4,661 $0 $0 $0
2015 $4,380 $0 $0 $0
2014 -- $369,100 $37,204 $331,896
2012 -- $35,520 $11,212 $24,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2322242

Bright MLS

APN: 081164700