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Sold for $825,000
  • $825,000

    551 Walnut Ln, Philadelphia, PA 19128

    4beds
    2,730sqft
    Single Family Residence
    Built in 1922
    7,100 Square Feet Lot
    $-- Zestimate®
    $302/sqft
    $3,708 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,708/mo

    Zestimate® history
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    What's special

    Chestnut hillModern luxurySpacious front yardGenerous living spacesTraditional charmDining roomNatural light
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Phanerrica Muhammad 215-680-1151,

    Compass RE

    Bought with:

    Tom Toole III, RS228901

    RE/MAX Main Line-West Chester

    Nicole Nolting, RS359525

    RE/MAX Main Line-West Chester

    Source: Bright MLS,MLS#: PAPH2327980MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Water Heater
    Features
    • Flooring: Hardwood, Carpet
    • Basement: Other
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,730
    • Total interior livable area: 2,730 sqft
    • Finished area above ground: 2,730
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 7,100 sqft
    • Dimensions: 50.00 x 142.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 213082950
    • Zoning: RSD3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Masonry
    • Foundation: Stone
    Condition
    • Excellent
    • New construction: No
    • Year built: 1922
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Roxborough
    • Municipality: PHILADELPHIA

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $124 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/21/2024Sold$825,000-4.1%$302/sqft
    Source: Bright MLS #PAPH2327980 Report a problem
    5/2/2024Pending sale$859,900$315/sqft
    Source: Bright MLS #PAPH2327980 Report a problem
    4/3/2024Contingent$859,900$315/sqft
    Source: Bright MLS #PAPH2327980 Report a problem
    3/7/2024Listed for sale$859,900+35.4%$315/sqft
    Source: Bright MLS #PAPH2327980 Report a problem
    11/20/2020Sold$635,000-2.3%$233/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach #PAPH909302_19128 Report a problem
    8/22/2020Pending sale$650,000$238/sqft
    Source: BHHS Fox & Roach Center City-Society Hill #PAPH909302 Report a problem
    7/13/2020Listed for sale$650,000-18.8%$238/sqft
    Source: BHHS Fox & Roach-Center City Walnut #PAPH909302 Report a problem
    3/21/2019Listing removed$800,000$293/sqft
    Source: BHHS Fox & Roach Chestnut Hill #1003285459 Report a problem
    6/26/2018Pending sale$800,000$293/sqft
    Source: BHHS Fox & Roach - Chestnut Hill #1003285459 Report a problem
    6/26/2018Listed for sale$800,000$293/sqft
    Source: BHHS Fox & Roach - Chestnut Hill #1003285459 Report a problem
    5/16/2018Listing removed$800,000$293/sqft
    Source: BHHS Fox & Roach-Chestnut Hill #7072321 Report a problem
    5/14/2018Listed for sale$800,000$293/sqft
    Source: BHHS Fox & Roach-Chestnut Hill #1003285459 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2017$8,320 +554.9%--
    2016$1,270 +6.6%--
    2015$1,192 --
    2014$1,192 $405,500 +1233.9%
    1999-- $30,400

    Find assessor info on the county website

    Neighborhood: Wissahickon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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