1 year on rocket

1629 Locust St, Philadelphia, PA, 19103

$3,450,000

9 Bedrooms
6 Full Baths
9,000 SqFt
$383/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1899
HeatingHot Water
CoolingCentral Air
BasementYes
MLS #PAPH2232908
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1629 Locust St

Welcome to 1629 Locust Street, a once-in-a-generation opportunity to acquire an architectural masterpiece by Horace Trumbauer. Built in 1902, Mr. Trumbauer masterfully designed this five-story townhouse for a sugar baron Edward C. Knight. This property is one of the few remaining contributions of Mr. Trumbauer to the architectural history of Philadelphia. In the exterior façade, Mr. Trumbauer incorporated bold design elements of 18th Century French architecture, such as wrought iron gates created by Samuel Yellin on the front door, windows and balconies. The interior of the Knight Residence is truly exquisite with the most prominent design feature being the elliptical Carrara marble staircase with an elegant iron railing that rises four stories to an oeil-de-boeuf skylight. The second floor is comprised of two Louis XV style salon rooms, which currently serve as meeting rooms. These rooms feature elaborate bronze mounts with arched windows and molded plaster rondels. The third and fourth floors are also elegantly designed in Louis XVI style. The fifth floor, which previously served as the butler's room, is connected to the fourth floor by an interior spiral wooden staircase. With generous CMX-3 zoning, this property provides a blank canvas for occupancy and redevelopment by either an investor or occupant. The location on beautiful tree-lined Locust Street is reminiscent of the opulence and elegance of old-world Philadelphia.

Property Details

Property Features

Property Information:

  • Architectural Style: Georgian
  • Year Built: 1899
  • Living Area: 9,000 SqFt

Listing Office:

  • Office Name: MSC Retail, Inc.
  • Office Phone: (215) 568-2600
  • Listing Agent: Jacob K. Cooper

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Locust from 17th Street, Left Side of Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,450,000
  • Price Per SqFt: $383/SqFt

Tax Information:

  • Annual Amount: $36,102
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1629 Locust St vs Philadelphia

561 DAYS ON ROCKET

+517 Days

$3,450,000

+$3.1M More

$383/SqFt

+$184 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $184/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2232908

Listing Office:

  • Office Name: MSC Retail, Inc.
  • Office Phone: (215) 568-2600
  • Listing Agent: Jacob K. Cooper

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$36,102 -
2019$35,136$2,510,100
2018$31,864$2,276,300
2017$22,677$1,620,000

History based on county public records data.

Payment Calculator

$17.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-524057
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.52 miles

  • Public District Grades KG-4

school-card-donut-524058
3
/10
  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.74 miles

  • Public District Grades KG-4

school-card-donut-524059
5
/10
  • Francis Scott Key School

  • 2230 S 8th St

  • 1.99 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,709. The majority of Philadelphia, PA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1629 Locust St

What is the listing price of this property?

The listing price of 1629 Locust St property is $3,450,000.

What type of property is this?

The property 1629 Locust St is a townhouse located in Philadelphia, Pennsylvania, 19103.

Is this property for sale now?

Active Listing: 1629 Locust St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $36,102 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1629 Locust St has 9 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1629 Locust St is 9,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1629 Locust St is 1899.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191031629 Locust St

This home is located at 1629 Locust St in Philadelphia, PA and zip code 19103 in the Center City neighborhood. This 9,000 square foot home, which was built in 1899, sits on a 0.05 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 06, 2023 and is currently priced at $3,450,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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