See Home Value
$530,000
House - Off Market

508 E LOCUST AVE

PHILADELPHIA, PA 19144
bedrooms
6 Beds
bathrooms
4 Baths
square feet
5093 Sqft
$525,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

The elegant and versatile home at 508 E. Locust Avenue is too wonderful for words for many reasons. According to the nearby Germantown Historical Society, it was one of 6 houses (3 Twins) built by Thomas Garrett in the mid-1870s. Homes in this era were hand built with superior craftsmanship still visible today 150 years later. From the foundation to the roof, the exterior consists of Chestnut Hill schist, locally quarried stone, creating  naturally insulated thick walls and deeply set, tiled sills that serve as window seats in every room. Original artisanship includes numerous, light reflective beveled glass doors, plaster crown moldings, 11 ft ceilings, and hardwood and softwood floors throughout this well maintained Victorian. This grand house has 5,093 sq.ft. of living space with superb potential limited only by your imagination. Entering the Foyer from the expansive Screened Porch that looks into two rooms through floor-to-ceiling shuttered windows, the Large Formal Dining Room is on your right, with crystal chandelier, engraved marble mantle, gilded mirror, and walnut interior bay window shutters. The Grand Stairs that wind around to the third floor will be straight ahead. To your left will be a cozy Living Room with working Fireplace decorated  with Doylestown Moravian Tiles and Ship Medallion, built-in

bookcases and another walnut shuttered triple bay window. Also to your left is a larger Family Room and where a second set of stairs and the kitchen meet. Once in the Country Kitchen with exposed beams, PA Dutch screened maple cabinets, two French porcelain sinks for budding chefs or cooking classes, and butcher block counters reclaimed from Germantown High School shops, you will continue straight into the sunny Breakfast Room and find the Pantry and the first of four full bathrooms. Between the Foyer

and the Family Room there is a closet and a Long Hall that feels like a shortcut from the Kitchen to the Dining Room. As you walk up the stairs through the house you will find multiple landings leading to the front and back parts of each level, so seems as if the house has five floors, but it actually has three

All rooms are Large and have high ceilings. Every room can be re-purposed for today's families

The second floor back room is a Conservatory or Atrium with a full-room-width window seat; it once housed 17 fish tanks and now has many happy plants. The three third floor rooms have dormer walls, arched double hung windows, and an outside catwalk once used by a feline that thought both twins were  his house. The bathroom has a vintage clawfoot tub. The back room would make a super master office/bedroom/living area retreat. The light throughout the house, and especially on the third floor, is perfect for artists and seed growers. The third floor front room gets afternoon sun in full glory. From the center room you can view the whole majestic property from the herringbone brick and slate walks to towering treetops. Along the theme of a large house comes a full basement, plenty of storage area, and a 29-foot long Screened Porch with two ceiling fans to keep you extra cool on hot summer days. Relax peacefully on the swing, looking at the birds, bees, butterflies, bushes, herbs, and flowers in your little bit of paradise on Locust Avenue. Of special note is that this property has been completely organic for 43 years with no pesticides or herbicides; it is a Certified Wildlife Preserve registered by the National Wildlife Federation, with protected places for birds and squirrels to raise their young. Besides this, there are many trees ad bushes over 100 years old and garden beds to boot.

SELLER HAS HAD PRE-LISTING INSPECTION ON PROPERTY

PLEASE CONTACT BARBARA FOR A COPY OF THIS INSPECTION REPORT

EXTENSIVE ELECTRICAL WORK HAS BEEN COMPLETED BY LICENSED ELECTRICIAN

ELECTRICAL CERTIFICATE AVAILABLE UPON REQUEST
Unit Size
5,093Ft²
Days on Market
97 days
Land Size
0.29 acres
Price per sqft
$103
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1925
Last updated: 6 months ago (Bright MLS #PAPH2260430)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold to Corey Harris, Peter Dorsaneo $530,000
Sold to Corey Harris, Peter Dorsaneo
Aug 22, 2023 In contract -
In contract
Aug 17, 2023 Listed by BHHS Fox & Roach-Southampton $525,000
Listed by BHHS Fox & Roach-Southampton

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Stone
  • Building Style: Duplex
  • Exterior Walls Type: Rock and stone
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,472
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 750
  • Total Building Area: 5,093
  • Gross Building Area: 5,093
  • Building Area: 5,093
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,093
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.286
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Single family residential
  • Legal Description 1: 751 1/2E MAGNOLIA

Ownership

  • Current Owner : DORSANEO PETER
  • Current Owner 2: HARRIS COREY
  • Previous Owner : STACKHOUSE DIANNE TZOURAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 024700

Zoning

  • Zoning: RSA1

Geography

  • Assessors Map Reference: 053N140028
  • Account Number: 060700
  • District: WARD #12
  • Parcel: 12-2060700
  • Block: 53N14
  • Lot: 28
  • Municipality: PHILADELPHIA
  • Latitude: 40.0405
  • Longitude: -75.166

    Address

  • Full Address: 508 E Locust Ave
  • Address - House Number: 508
  • Street Direction: E
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C016
  • 4-Digit Zip Code: 1308
  • Zip Code: 19144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,742
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 528,439
  • High Value: 592,890
  • Low Value: 463,989

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Nov 29, 2023
  • First Open Lien Mortgage Loan Amount: $424,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $275,900
  • Market Land Value: $55,180
  • Market Improvement Value: $220,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,900
  • Assessed Land Value: $55,180
  • Assessed Improvements Value: $220,720

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Transaction ID: 11917062113
  • Current Sale Price: $530,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54247485
  • Previous Sale Recording Date: Sep 19, 1980
  • Previous Sale Contract Date: Sep 19, 1980
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM, LLC
  • First Mortgage Transaction Date: Nov 29, 2023
  • First Mortgage Loan Amount: $424,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4 Baths
5,665 ft²
$86/ft²
$489,000 May 13, 2015
$489,000 Aug 17, 2015
-
House
5 Beds
5 Baths
4,875 ft²
$94/ft²
$460,000 Apr 9, 2022
$460,000 Aug 8, 2022
-
House
7 Beds
3 Baths
3,419 ft²
$164/ft²
$560,250 Sep 5, 2020
$560,250 Oct 16, 2020
-
House
5 Beds
2 Baths
2,023 ft²
$297/ft²
$600,000 Apr 7, 2022
$600,000 May 6, 2022
-
House
9 Beds
6 Baths
4,030 ft²
$120/ft²
$485,000 Feb 27, 2019
$485,000 May 31, 2019
-
House
4 Beds
4 Baths
4,155 ft²
$132/ft²
$550,000 Oct 13, 2022
$550,000 Mar 1, 2023
-
House
9 Beds
3 Baths
3,300 ft²
$155/ft²
$510,000 May 31, 2023
-
-
House
4 Beds
3 Baths
3,000 ft²
$162/ft²
$485,000 Apr 17, 2023
-
-
House
4 Beds
4 Baths
2,793 ft²
$197/ft²
$550,000 Oct 2, 2023
-
-
House
4 Beds
4 Baths
-
$599,000 Aug 22, 2023
-
-
Townhouse
3 Beds
2 Baths
2,000 ft²
$250/ft²
$500,000 Oct 19, 2023
-
-
Townhouse
3 Beds
2 Baths
2,000 ft²
$248/ft²
$495,000 Oct 19, 2023
-
-

About Northwest Philadelphia


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Frequently Asked Questions

When was property at 508 East Locust Avenue built and last sold?
The property at 508 East Locust Avenue was built in 1925 and last sold on Nov 2, 2023 for $530,000.
How much is this home worth?
The estimated value of the home located at 508 East Locust Avenue is $530,250.
What are some comparable homes to 508 East Locust Avenue?
There are currently no comparable homes to 508 East Locust Avenue.

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