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$1,699,000

Beds
5
Baths
4.5
sq ft
4,024

1918 Panama St, Philadelphia, PA 19103

1918 Panama St

PHILADELPHIA, PA 19103

  • 105 days on market
    • Price drop $100,000↓
Nestled on a picturesque block in the heart of Rittenhouse Square, this remarkable Tudor-style home sits on a rare double-wide lot, showcasing timeless architectural glamour. With its stately façade and grand proportions, this property is one of the largest on the block. Adding to its allure is a private parking garage on the same street (1945 Panama St), accommodating 2-3 cars—an invaluable feature in this coveted neighborhood and within the Albert M. Greenfield Elementary School catchment. This garage can be purchased separately or together with the home for an additional $550,000, as shown in the pictures; providing a unique opportunity for secure, private parking in one of Philadelphia’s most sought-after areas. Upon entering, the grand foyer welcomes you with rich wood accents, a stunning brick fireplace, and an elegant staircase that sets the tone for the rest of the home. Just beyond, the expansive living room exudes warmth and character, while the generously sized kitchen, located a few steps up, features modern appliances, abundant cabinetry, and a functional island, ideal for both daily living and entertaining. The second floor impresses with a spacious family room adorned with intricate wood paneling, exposed beams, and large windows that flood the space with natural light. This level also includes a generously sized bedroom, perfect for guests or flexible use. The third floor offers three expansive bedrooms and two additional bathrooms, with one of the bedrooms featuring a charming sunroom—a serene space for relaxation or work. On the fourth floor, you’ll discover the crown jewel of the home: an oversized master suite with floor-to-ceiling windows, rich wood accents, ample closet space, and an office balcony that overlooks the surrounding neighborhood. The backyard, while cozy, provides a private retreat, perfect for small gatherings, gardening, or creating your own outdoor oasis. Additionally, the basement offers tremendous potential—a blank canvas that could be finished to create extra living space, a gym, or a home theater, tailored to your needs. This home, already brimming with character, offers an incredible opportunity to make it your own. Some upgrades and modern touches could transform this property into a true museum-class masterpiece. With its prime location, expansive layout, and unmatched architectural charm, this home strikes the perfect balance between historic elegance and modern convenience. Don’t miss your chance to experience the best of Philadelphia living, just steps from world-class dining, shopping, and cultural landmarks, and within the highly sought-after Albert M. Greenfield Elementary School catchment!

Details

Property type

Townhouse

Est. home value

$1,163,002

Lot size

1,240 sq ft

Price per sq ft

$423

Year built

1800

Annual property taxes

$30,795

HOA

No

Price History

02/25/2025
Bright

Bright #PAPH2427804

Price change
$1,699,000
-5.56%
02/11/2025
Bright

Bright #PAPH2427804

Price change
$1,799,000
-20.04%
12/17/2024
Bright

Bright #PAPH2427804

Listed
$2,250,000
-2.17%

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

ALBERT M. GREENFIELD SCHOOL

Middle school: 

ALBERT M. GREENFIELD SCHOOL

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Seller’s Loan History

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

Lender

Capital Stack Fund Llc

Loan start date

November 2023

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Building or Construction Loan

Seller

I Hate 19 1820 Panama St Llc

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: 04/01/2025 at 6:25 PM

Listing updated: 03/25/2025 at 11:53 AM

Listed by: ERIC A Dvotsky, BHHS Fox & Roach-Center City Walnut Phone #: (215) 627-6005

MLS: Bright #PAPH2427804

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