NOT LISTED FOR SALE

Estimated Value: $832,000 - $1,123,437

4 Beds
3.5 Baths
3,035 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $980,000 $323 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,404/month

Highlights

  • Home Theater
  • Traditional Architecture
  • 4 Fireplaces
  • 0.04 Acre Lot
  • Wood Flooring
  • 4-minute walk to Northern Liberties Rec Playground

About This Home

As of April 2021

Welcome to 503 Fairmount, the most exceptional property on the market in Northern Liberties. This home has been completely renovated with high-end finishes while maintaining original architectural features and character. Consider this early 19th Century historic home renovated in 2014, with subsequent upgrades including a gourmet kitchen with wood-burning brick oven; finished basement including a powder room, home theater, and a wine cellar; and a beautifully landscaped patio. There is no house in Northern Liberties that can compare. Featuring 4 bedrooms (one currently used as an office) and 3.5 baths, the volume of indoor and outdoor space will have you mesmerized. When you enter, the 12' high ceilings and natural light will immediately welcome you as you take notice of two of the four original fireplace mantles, these being carved from King of Prussia marble, a quarry which is no longer in existence. The pair of fireplaces provide elegance and distinction to the living and dining areas. Follow the original wide board pine floors that run throughout the house to your custom chef's kitchen showcasing Wolf and Subzero appliances, granite countertops, and a wood-burning pizza oven purchased directly from Italy. The view from the kitchen is absolutely breathtaking as you overlook your outdoor oasis on the composite and brick patio which includes an outdoor kitchen with a tandoor oven, 2nd refrigerator, and custom grill. The outdoor dining area is covered with a pergola for summer shade and privacy and the garden area is walled in historic brick. Just off the kitchen, the elegant staircase leads you to the owner's bedroom with an ensuite bath, custom built-in closets as well as a walk-in closet, and 10' high ceilings. On the same floor is a hall bath with a tiled shower and the 2nd bedroom, which would also make for a great office or den. The third floor features a large 3rd bedroom, a laundry room, and a spacious bath. The fourth floor houses the 4th bedroom under the eaves with north and south-facing dormers and a utility closet with one of two HVAC systems. After dinner, an unassuming staircase leads you down to your retreat: a state of the art 10 seat home movie theater complete with 9 channel in-wall digital sound. If you're not in the mood for a film, you can spend the evening in your 600 bottle wine cellar complete with dual-zone wine refrigerator and highlights of the home's original architecture. This renovation was designed by an architect and an interior designer. One year of pre-paid parking, located just a short stroll away, is included in the purchase price of this extraordinary home. This home is a rare exception in a market filled with ordinary interiors. Make your appointment today.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 04/19/2021

Last Buyer's Agent

Brett Stephenson

Houwzer, LLC

Houwzer, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1846

Lot Details

  • 1,826 Sq Ft Lot
  • Lot Dimensions are 19.02 x 96.00

Home Design

  • Traditional Architecture
  • Masonry

Interior Spaces

  • 3,035 Sq Ft Home
  • Property has 4 Levels
  • Beamed Ceilings
  • 4 Fireplaces
  • Non-Functioning Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Wood Flooring
  • Finished Basement

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Northern Liberties Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 056147700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,506

Year Built

Built in 1846

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: refrigerator, washer, dryer, 1 year prepaid parking, media room screen, projector, amplifier, built-in speakers
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2, Upper 3
  • Year Built: 1846
  • Remarks Public: Welcome to 503 Fairmount, the most exceptional property on the market in Northern Liberties. This home has been completely renovated with high-end finishes while maintaining original architectural features and character. Consider this early 19th Century historic home renovated in 2014, with subsequent upgrades including a gourmet kitchen with wood-burning brick oven; finished basement including a powder room, home theater, and a wine cellar; and a beautifully landscaped patio. There is no house in Northern Liberties that can compare. Featuring 4 bedrooms (one currently used as an office) and 3.5 baths, the volume of indoor and outdoor space will have you mesmerized. When you enter, the 12' high ceilings and natural light will immediately welcome you as you take notice of two of the four original fireplace mantles, these being carved from King of Prussia marble, a quarry which is no longer in existence. The pair of fireplaces provide elegance and distinction to the living and dining areas. Follow the original wide board pine floors that run throughout the house to your custom chef's kitchen showcasing Wolf and Subzero appliances, granite countertops, and a wood-burning pizza oven purchased directly from Italy. The view from the kitchen is absolutely breathtaking as you overlook your outdoor oasis on the composite and brick patio which includes an outdoor kitchen with a tandoor oven, 2nd refrigerator, and custom grill. The outdoor dining area is covered with a pergola for summer shade and privacy and the garden area is walled in historic brick. Just off the kitchen, the elegant staircase leads you to the owner's bedroom with an ensuite bath, custom built-in closets as well as a walk-in closet, and 10' high ceilings. On the same floor is a hall bath with a tiled shower and the 2nd bedroom, which would also make for a great office or den. The third floor features a large 3rd bedroom, a laundry room, and a spacious bath. The fourth floor houses the 4th bedroom under the eaves with north and south-facing dormers and a utility closet with one of two HVAC systems. After dinner, an unassuming staircase leads you down to your retreat: a state of the art 10 seat home movie theater complete with 9 channel in-wall digital sound. If you're not in the mood for a film, you can spend the evening in your 600 bottle wine cellar complete with dual-zone wine refrigerator and highlights of the home's original architecture. This renovation was designed by an architect and an interior designer. One year of pre-paid parking, located just a short stroll away, is included in the purchase price of this extraordinary home. This home is a rare exception in a market filled with ordinary interiors. Make your appointment today.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer, Dryer, Refrigerator, Extra Refrigerator/Freezer, Six Burner Stove, Oven - Double, Oven/Range - Gas, Dishwasher
  • Interior Amenities: Dining Area, Exposed Beams, Kitchen - Island, Wine Storage, Wood Floors
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Media Room, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3035
  • Living Area Sq Ft: 3035
  • Price Per Sq Ft: 327.84
  • Above Grade Finished Sq Ft: 3035
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower 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: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 276201.00
  • Land Assessed Value: 188570.00
  • Land Use Code: O60
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.02 x 96.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1826.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 908456
  • School Tax: 3570.00
  • Tax Annual Amount: 6506.00
  • Assessor Parcel Number: 056147700
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 3035
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Apr 16, 2021
Sold by
Kalmeijer Johannes Paulus A and Kalmeijer Cornelis Patricia
Bought by
Strachan Sean and Wilhoite Greggory
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Brett Stephenson
Houwzer, LLC
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Current Estimated Value
$1,064,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,773
Avg. Annual Appreciation
2.07%
Original Mortgage
$931,000
Outstanding Balance
$849,631
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$221,225

Purchase Details

Listed on
Nov 30, 2016
Closed on
Mar 14, 2017
Sold by
Felice Liza and Spaventa David
Bought by
Kalmeijer Johannes Paulus A
Seller's Agent
Michael Garden
Compass RE
Buyer's Agent
Michael Garden
Compass RE
List Price
$749,000
Sold Price
$823,000
Premium/Discount to List
$74,000
9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$610,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2014
Closed on
Sep 10, 2014
Sold by
Nehez Valerie and Curtin 3 John
Bought by
Felice Liza
Seller's Agent
Michael Garden
Compass RE
Buyer's Agent
Michael Garden
Compass RE
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$0
Interest Rate
4.1%

Purchase Details

Listed on
May 21, 2013
Closed on
Sep 11, 2013
Sold by
Betancourt Jose and Betancourt Leonor
Bought by
Nehez Valerie and Cortin John
Seller's Agent
Mario Gonzalez
Martinez Real Estate
Buyer's Agent
Michael Garden
Compass RE
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.11%

Purchase Details

Closed on
Aug 29, 1957
Bought by
Otilio Betancourt and Otilio Leonor
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
Strachan Sean $980,000 Houwzer Title
Kalmeijer Johannes Paulus A $823,000 The Abstract Company
Felice Liza -- --
Nehez Valerie $210,000 None Available
Otilio Betancourt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strachan Sean $931,000
Previous Owner Kalmeijer Johannes Paulus A $610,400
Previous Owner Felice Liza M $130,000
Previous Owner Felice Liza $0
Closed Felice Liza $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 For Sale $995,000 +1.5% $328 / Sq Ft
04/16/2021 04/16/21 Sold $980,000 +19.1% $323 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
03/14/2017 03/14/17 Sold $823,000 +9.9% $271 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $749,000 +25.9% $247 / Sq Ft
10/03/2014 10/03/14 Sold $595,000 -0.7% $196 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $599,000 +185.2% $197 / Sq Ft
09/11/2013 09/11/13 Sold $210,000 -16.0% $69 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $249,900 0.0% $82 / Sq Ft
06/23/2013 06/23/13 Pending -- -- --
06/19/2013 06/19/13 Price Changed $249,900 -37.2% $82 / Sq Ft
05/21/2013 05/21/13 For Sale $397,900 -- $131 / 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 $6,882 $815,600 $163,120 $652,480
2024 $6,882 $815,600 $163,120 $652,480
2023 $6,882 $819,400 $163,880 $655,520
2022 $6,506 $491,640 $163,880 $327,760
2021 $6,506 $0 $0 $0
2020 $6,506 $736,600 $188,570 $548,030
2019 $6,296 $0 $0 $0
2018 $4,391 $0 $0 $0
2017 $4,391 $0 $0 $0
2016 $6,960 $0 $0 $0
2015 $5,636 $0 $0 $0
2014 -- $497,200 $80,523 $416,677
2012 -- $23,200 $6,093 $17,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1008266

Bright MLS

APN: 056147700