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$2,500,000

Beds
3
Baths
2.5
sq ft
3,800

761-65 N 26th St, Philadelphia, PA 19130

761-65 N 26th St

PHILADELPHIA, PA 19130

  • 104 days on market
    • Price drop $250,000↓
Within the northwestern reaches of the leafy Art Museum section of the city at the edge of Fairmount Park sits 761-765 N 26th Street. Unassuming from the street, you’ve walked by many times wondering what lies behind the Art Deco-inspired wall of cascading colorful flowers. You peek beyond the doors and realize that your months of viewing McMansions and homogenous box-like new construction homes are over. Here sits the unexpected blending of a 1877 blacksmith’s shop, a renovated stone barn with a Frank Weiss-designed glass atrium, and Victorian home full of stately splendor tucked within lush grounds that rival the most spectacular gardens. The former blacksmith’s shop has been outfitted for the most modern-day use: a state-of-the-art two-car garage with polymer flooring, a new electrical system including garage doors controlled by an app, plenty of storage, and the ability to install a car lift for a third car. The barn and house have been combined to create the most exquisite 3,800 square feet of living quarters. The Art Deco connection was installed in the 1970s and adds visual interest to the structure and a merging of the two buildings. A foyer of warm wood leading to the sunny two-story atrium with flagstone flooring and a custom Deco bar greet you as you step inside. You enter the formal living room, its stainless steel and antique brass hooded gas fireplace and cozy sunken seating area invite you to have a seat and relax and dream of cozy winter evenings in front of the fire. You admire the stone walls and the coffered ceilings, details that have been restored using the finest materials while respecting the architectural integrity of the home. The floating staircase with antique bronze handrail is an art piece on its own but the two-story Bocci chandelier imported from Vancouver is the icing on the cake. Custom double doors lead to the Chinese garden enclosed with cedar walls and timed antique lighting, the perfect spot for a morning cup of coffee. The dining room features a wall of windows overlooking the garden and seating for 12. You imagine it filled with the laughter of family and friends this holiday. Down a short hallway of exposed brick and skylights, you find the kitchen. Tidy and practical, the kitchen features flat panel European-style cabinetry with under-mount lighting, a Subzero refrigerator, and an island for food preparation and gathering. The original walnut staircase separates the kitchen from the Victorian sitting room/breakfast room with a decorative fireplace and built-in bookshelves. You head upstairs from the main living room to the primary bedroom and imagine retreating here at the end of a long day. A true sanctuary, featuring skylights, a wood plank ceiling, and a striking curved gas fireplace, you resist the urge to climb into bed (it’s not really yours yet, after all). Custom floor-to-ceiling closets line the wall and the open spa-like bathroom is truly magazine-worthy. Featuring a Kohler steam shower, Italian marble counters, a sunken soaking tub with custom German fixtures, glass-tiled floors, and a separate, private water closet fit for a king (or queen) with a Toto toilet/bidet with heated seat and a TV. A kitchenette with built-in Brew Café coffee maker, a Subzero refrigerator, and a Fisher and Paykel dishwasher gives staying in for the night a whole new meaning. A luxurious Swedish dry sauna rounds out the suite. A balcony connects the barn and house on the second floor and leads to two additional bedrooms, one with built-in bookshelves and the other overlooking the dining room boasting a custom Murphy bed. A vintage bathroom with tub serves both guest rooms. Now for the grounds. Pastoral and private, the courtyard is completely enclosed and beautifully manicured. The perennial gardens are what dreams are made of. Flagstone patios offer space for entertaining and sculptures add visual interest. It really doesn’t get better than this. Game on. This is it.

Details

Property type

Single Family Residence

Est. home value

$1,504,029

Lot size

5,454 sq ft

Price per sq ft

$658

Year built

1877

Annual property taxes

$20,830

HOA

No

Price History

11/14/2024
Bright

Bright #PAPH2394888

Price change
$2,500,000
-9.09%
09/09/2024
Bright

Bright #PAPH2394888

Listed
$2,750,000
08/15/2024
Bright

Bright #PAPH2269780

Removed
$2,750,000

Schools & Community

Neighborhood: 

Fairmount

Elementary school: 

Unknown

Middle school: 

Unknown

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

$1,253,872
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$1,046,128
Cash to seller
$1,253,872

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

July 2019

Original loan amount

$1,303,000

Est. remaining balance

$1,046,128

Interest rate

3.82%

Loan type

New Conventional, 20 year

Seller

Robert S Silver and John Burks Silver

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 10:15 AM

Listing updated: 12/01/2024 at 11:24 AM

Listed by: Kristin McFeely, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2394888

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