NOT LISTED FOR SALE

Estimated Value: $128,000 - $167,203

4 Beds
3.5 Baths
2,730 Sq Ft
$55/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $825,000 $302 Per Sq Ft

Current estimated payment $935/month

25 Days on Market

Highlights

  • 0.16 Acre Lot
  • 4-minute walk to Washington Lane
  • 1 Fireplace
  • Traditional Architecture
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of June 2024

Welcome to a 551 Walnut Lane, a timeless masterpiece of architectural elegance and modern luxury. This stone, center stair colonial was built in the 1920's and fully renovated and restored in 2020 as the centerpiece of Walnut Hill -- a collection of new construction modern farmhouse-style homes. Featuring 4 bedrooms, 3.5 bathrooms and over 2700 sf of living space, the expansive floor plan unfolds seamlessly across multiple levels, offering generous living spaces that are ideal for both relaxation and entertaining. The first floor of this home features dark hardwood floors throughout, a formal living room, an open-concept kitchen/dining room and an additional seating area. The stylishly appointed kitchen includes white shaker cabinetry with black pulls, stainless steel appliances, white porcelain farm sink, quartz countertops and Carrara marble backsplash. The living room's original stone fireplace and mantle accentuate the home's traditional charm, while large windows and original french doors flood the interior with natural light. The first floor also offers the convenience of a under stair half bath and mud room in the rear. Ascend to the second floor where you will find a large primary suite with a walk-in closet with built-ins plus a second closet, en-suite bathroom, 2 additional bedrooms, hall bath plus convenient laundry with washer/dryer included. Third floor features a fourth bedroom which is currently utilized as a guest room but could also be perfect for a media room or play room and a hall bath complete with step-in shower and original claw foot bathtub. You'll also find a newly finished bonus room that provides a versatile and adaptable space to be used as you desire. The full basement provides lots of room for storage and is currently home to an exercise area. Outdoor features include a lovely flagstone patio, spacious front yard plus 3 car reserved parking. Approximately 6 years remaining on the 10 year tax abatement. Easy access to Center City, Chestnut Hill, the suburbs, major highways and transportation. Truly unique and exceptional.

Last Agent to Sell the Property

Phanerrica Muhammad

(267) 435-8015 kenenochs@compass.com Compass RE Listed on: 03/07/2024

Compass RE

Last Buyer's Agent

Thomas Toole III

(610) 692-2228 tom@tomtoole.com RE/MAX Main Line-West Chester License #RS228901

RE/MAX Main Line-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1922 | Remodeled in 2020

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50.00 x 142.00
  • Property is in excellent condition
  • Property is zoned RSD3

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,730 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas

Community Details

  • Roxborough Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 213082950

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,732

Year Built

Built in 1922 | Remodeled in 2020

Lot Details

7,100 Sq Ft Lot

HOA Fees

$124 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, all kitchen appliances
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-03-07
  • Year Built: 1922
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2730
  • Living Area Sq Ft: 2730
  • Price Per Sq Ft: 314.98
  • Above Grade Finished Sq Ft: 2730
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main 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
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 124.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7100.00
  • Property Condition: Excellent
  • Zoning: RSD3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3145.00
  • Tax Annual Amount: 5732.00
  • Assessor Parcel Number: 213082950
  • Tax Lot: 113
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Polishuk Oskar and Polishuk Melia
Bought by
Rigby Properties Llc
Current Estimated Value
$133,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$203,603
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$54,052

Purchase Details

Closed on
Oct 31, 2008
Sold by
Polishchuk Oskar and Volk Gregory
Bought by
Polishuck Oskar and Polishuck Melina

Purchase Details

Closed on
Feb 5, 2002
Sold by
Bailey Theresa M and Estate Of Velva L R Burrell
Bought by
Adams Sean

Purchase Details

Closed on
Aug 19, 1997
Sold by
Zaleski Cecilia F and Kaezorowski Connie
Bought by
The Blind Relief Fund Of Philadelphia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rigby Properties Llc $325,000 None Available
Polishuck Oskar -- None Available
Adams Sean $8,964 --
The Blind Relief Fund Of Philadelphia $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigby Properties Llc $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $825,000 +55832.2% $302 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
04/01/2024 04/01/24 Rented $1,475 -99.8% --
03/22/2024 03/22/24 Under Contract -- -- --
03/07/2024 03/07/24 For Sale $859,900 0.0% $315 / Sq Ft
02/27/2024 02/27/24 For Rent $1,475 0.0% --
11/20/2020 11/20/20 Sold $635,000 -2.3% -- View Prior Sale
08/21/2020 08/21/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $650,000 0.0% --
03/20/2019 03/20/19 Sold $650,000 -18.8% $227 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $800,000 0.0% $280 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $800,000 -- $280 / Sq Ft
Source: Bright MLS

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 $1,466 $139,700 $27,940 $111,760
2025 $1,466 $139,700 $27,940 $111,760
2024 $1,466 $139,700 $27,940 $111,760
2023 $1,466 $104,700 $20,940 $83,760
2022 $1,097 $104,700 $20,940 $83,760
2021 $1,097 $0 $0 $0
2020 $1,097 $0 $0 $0
2019 $1,146 $0 $0 $0
2018 $1,125 $0 $0 $0
2017 $1,125 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2327980

Bright MLS

APN: 592079200

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