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$3,100,000

Beds
3
Baths
4.5
sq ft
4,500

1818 Delancey St, Philadelphia, PA 19103

1818 Delancey St

PHILADELPHIA, PA 19103

  • 430 days on market
    • Price drop $125,000↓
Welcome to 1818 Delancey Place in the heart of Rittenhouse Square. This beautiful historic home sits on prestigious Delancey Place, a street that has remained faithful to the elegance of its large Federal homes. 1818 Delancey was built around 1854 and has kept its Federal charm through many updates and renovations. Enter the home through the elegant arched dual foyers, leading to the stunning and spacious living room with 12’ ceilings, and the original staircase with its lovely, curved banister. The magnificent floors are custom maple, walnut, and cherrywood inlay parquet. The total look is of polished sophistication. Perfect for an intimate tête-à-tête or large celebrations. Just off the living room is a lovely deck perfect for morning coffee or evening cocktails. The entrance to the elegant formal dining room in the front of the home, is flanked by stylized Doric columns. In the dining room is one of the three wood-burning fireplaces and space for large dinner gatherings. Tall windows admit lovely light and views of the elegant neighboring facades. A wide hallway leads from the living room to the sunny, large eat-in kitchen, a cook’s and caterer’s dream. Along with radiant under floor heat, there are loads of cabinets and drawers for storage and a wet bar. Light streams through the large windows. The French doors to the deck invite you to step outside and enjoy a morning coffee. In the hallway are a half-bath, closet, and doors to the basement. On the 2nd floor is an enormous primary bedroom in the front of the house with tall windows, an adjoining bathroom and walk-in closet. The fabulous bathroom has a double sink with a cabinet above that was created from an Indian secretary. The top and bottom sections were separated, and the bottom was expanded to create two sinks. The walls are Venetian plaster. The large round tub is covered with mosaics and has pulsating jets. At the rear of the second floor is a spacious, comfortable library lined with custom bookshelves, large windows, and, adding to its charm, another wood-burning fireplace with spectacular, carved marble surround. In this room, as well as in the primary bedroom, is an Auton system that hides a large television behind artwork, sliding away for TV viewing. Adjacent to the library is a wet bar with custom cabinets holding the controls for all the audio equipment for this abundantly wired home. The 3rd floor has a very large front bedroom, walk-in closet, and full bath. In the rear of the house is another large bedroom and full bath. Continuing to the fourth floor are stairs that branch off in the rear of the house to a landing with access to what could be a large roof deck. There is a half bath in the hallway along with storage rooms and closets. In front of the house there is a large room with custom shelving that is currently used as an office but could be a bedroom, studio, or family room. The basement is partially finished and has a large laundry room with double soaking sinks, a temperature-controlled wine cabinet, a half bath, many closets, and a large storage area. In the rear of the basement is the door to the one-car garage, accessed from Panama Street. The driveway sloping down to the garage is heated. Additionally, the house has three zones for heating and cooling. This house must be seen to fully appreciate its size, elegance, location, and beauty.

Details

Property type

Townhouse

Est. home value

$3,159,737

Lot size

1,425 sq ft

Price per sq ft

$689

Year built

1800

Annual property taxes

$32,923

HOA

No

Price History

09/18/2024
Bright

Bright #PAPH2284478

Price change
$3,100,000
-3.88%
03/04/2024
Bright

Bright #PAPH2284478

Listed
$3,225,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

GREENFIELD ALBERT

Middle school: 

GREENFIELD ALBERT

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,629,769
Asking price
$3,100,000
Closing costs (~8% of asking)
-$248,000
Est. remaining loan balance
-$222,231
Cash to seller
$2,629,769

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Stifel Bank & Trust

Loan start date

November 2010

Original loan amount

$324,000

Est. remaining balance

$222,231

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Alan R Sandman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 12:15 PM

Listing updated: 09/19/2024 at 10:26 PM

Listed by: Amy Shelanski, BHHS Fox & Roach At the Harper, Rittenhouse Square Phone #: (215) 546-0550

MLS: Bright #PAPH2284478

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