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$450,000
●
Townhouse -
Off Market
1601 MOUNT VERNON ST
PHILADELPHIA, PA 19130
Studio
0 Bath
$457,840
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
1601 Mount Vernon St. is a great opportunity for a developer or
savvy investor to capitalize on a piece of Philadelphia history in
a highly desirable historic neighborhood near Center City. On a
20'x100' corner lot, with a building facade on 16th St. (20'x30',
with the rest of the property a vacant lot), professionals have
created a best and highest use plan for this lot, having consulted
with the Philadelphia Historical Commission, to erect 2 single
family homes with parking (approximately 3,000+ sq. ft. each). Each
single family home is estimated to be valued at well over $1M when
completed. Please note this is not a final approval of the design
of the building by the Historical Commission, but the design of the
building is deemed to be generally responsive with what the
Commission could likely approve (see the conceptual drawings in the
documents section).
The existing historic structure/shell has meticulously restored front and side facades, a stabilized interior and exterior, a new roof, new joists, new basement foundation, and newer windows. There will be a zoning variance needed for parking/curb cuts.
This is a great opportunity to live in/build a slice of history, and create your own, as the home was lived in and belonged to abolitionist Robert Purvis, an Underground Railroad facilitator. The Spring Garden neighborhood features handsome preserved Victorian architecture, Green Street Dog Park, The Spring Gardens community garden, and many fine restaurants, and is walking distance to Center City and Rittenhouse Square, steps from the Art Museum and Whole Foods, Target, and other essential retail stores, with easy access to highways and University City.
The sale of 1601 Mt Vernon must be approved by the court as part of an Act 135 conservatorship proceeding.
Please see the documents section of this listing to view preliminary plans/drawings
The existing historic structure/shell has meticulously restored front and side facades, a stabilized interior and exterior, a new roof, new joists, new basement foundation, and newer windows. There will be a zoning variance needed for parking/curb cuts.
This is a great opportunity to live in/build a slice of history, and create your own, as the home was lived in and belonged to abolitionist Robert Purvis, an Underground Railroad facilitator. The Spring Garden neighborhood features handsome preserved Victorian architecture, Green Street Dog Park, The Spring Gardens community garden, and many fine restaurants, and is walking distance to Center City and Rittenhouse Square, steps from the Art Museum and Whole Foods, Target, and other essential retail stores, with easy access to highways and University City.
The sale of 1601 Mt Vernon must be approved by the court as part of an Act 135 conservatorship proceeding.
Please see the documents section of this listing to view preliminary plans/drawings
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$418
HOA Dues
-
Year Built
1915
Last updated: 2 years ago (Bright MLS #PAPH2198010)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 28, 2023 | No longer available | - | |
No longer available | |||
Jan 27, 2023 | Listed by BHHS Fox & Roach-Center City Walnut | $450,000 | |
Listed by BHHS Fox & Roach-Center City Walnut |
Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
5
Beds
2
Baths
1,824 ft²
$238/ft²
$435,000
Jul 21, 2015
$435,000
Aug 31, 2015
-
Sold
Townhouse
3
Beds
3
Baths
1,461 ft²
$290/ft²
$423,750
Jun 24, 2016
$423,750
Oct 14, 2016
-
Sold
Townhouse
3
Beds
3
Baths
1,805 ft²
$260/ft²
$470,000
Dec 28, 2016
$470,000
Feb 28, 2017
$115/mo
Townhouse
2
Beds
2
Baths
1,395 ft²
$253/ft²
$352,500
Oct 17, 2017
$352,500
Apr 18, 2018
$308/mo
Condo
2
Beds
2
Baths
1,137 ft²
$365/ft²
$415,000
Jul 18, 2020
$415,000
Oct 1, 2020
-
Condo
2
Beds
2
Baths
1,395 ft²
$319/ft²
$445,000
Feb 12, 2022
$445,000
Apr 1, 2022
-
Active
Townhouse
3
Beds
2.5
Baths
1,300 ft²
$308/ft²
$400,000
Nov 24, 2023
-
$250/mo
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