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518 Spruce St, Philadelphia, PA, 19106

$2,600,000

5 Bedrooms
3 Full Baths, 1 Partial
4,500 SqFt
$578/SqFt
Townhouse
Schools Nearby

Location

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Property Highlights

Home TypeTownhouse
ParkingGarage Door Opener, On Street, Attached Garage, Other
Garage4 spaces
Year Built1850
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2336252
Lot Size0.05 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 518 Spruce St

Explore the timeless charm and historical significance of 518 Spruce Street, an esteemed residence nestled in Philadelphia’s historic Society Hill. Once owned by the parents of renowned portrait artist John Singer Sargent, this elegant 5-bedroom home offers a rare glimpse into the city's illustrious past. Experience the allure of yesteryears as you ascend the original marble steps to the front door, then step through the grand entrance adorned with beautiful pocket doors, leading you into a charming sitting room and a realm of refined elegance. Original pine floors, meticulously restored throughout over half of the house, along with exquisite moldings and two King of Prussia marble fireplace mantels, pay homage to the property's distinguished origins, dating back to its construction between 1831 and 1833. Embracing the perfect blend of tradition and modern comfort, this cherished home boasts all-new historically approved shutters, windows, and skylights, providing insulation and sound barrier. The thoughtfully designed kitchen features cork floors, a premium Sub Zero refrigerator, a 48” Dual Fuel Wolf Range, and two dishwashers, catering to effortless hosting and culinary delights. A 1200+ bottle wine cellar in the basement adds an extra touch of sophistication. Crafted by skilled artisans Sherman & Gossweiler, the family room boasts wainscoting, a fireplace mantel, and built-in cabinets with slide-back doors, showcasing meticulous craftsmanship and attention to detail. Cozy up by one of three operational fireplaces (2 wood-burning, 1 gas), promising warmth and ambiance year-round. Recent updates include a new standing seam metal roof installed in January 2021, ensuring durability and peace of mind for years to come. Outside, a heated 4-car garage, formerly a carriage house, stands adjacent to a beautiful garden, transformed in 2023 into a serene urban oasis. With 200 amp service and integrated WiFi technology, this residence seamlessly combines historic charm with contemporary convenience. Don't miss this exceptional opportunity to own a piece of Philadelphia's history, combined with unparalleled luxury. Schedule your private viewing today and make this extraordinary property your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1850
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: David Snyder

Interior Features

Interior Information:

  • Appliances: Range, Self Cleaning Oven, Dishwasher, Refrigerator, Disposal
  • Basement: Yes
  • Flooring Type: Wood, Fully Carpeted, Stone, Marble
  • Interior: Primary Bath(s), Skylight(s), Stain/Lead Glass, WhirlPool/HotTub, 2nd Kitchen, Wet/Dry Bar, Intercom, Stall Shower, Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Garage Door Opener, On Street, Attached Garage, Other

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • General George A. McCall School, Public District Grades KG-8

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,600,000
  • Price Per SqFt: $578/SqFt

Tax Information:

  • Annual Amount: $19,482
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

518 Spruce St vs Philadelphia

33 DAYS ON ROCKET

-17 Days

$2,600,000

+$2.3M More

$578/SqFt

+$382 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $382/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2336252

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: David Snyder

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2009Home Sold
$1,575,000
Apr 20, 2005Home Sold
$1,575,000

Tax History

YEARPROP. TAXASSESSMENT
2020$19,482 -
2019$18,853$1,346,900
2018$16,803$1,200,400
2017$16,803$1,200,400

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4451703
6
/10
  • General George A. McCall School

  • 325 S 7th St

  • 0.13 miles

  • Public District Grades KG-8

High School

school-card-donut-4451704
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,500. The majority of Philadelphia, PA residents have income between $100k-200k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Spruce St

What is the listing price of this property?

The listing price of 518 Spruce St property is $2,600,000.

What type of property is this?

The property 518 Spruce St is a townhouse located in Philadelphia, Pennsylvania, 19106.

Is this property for sale now?

Accepting Backup Offers: 518 Spruce St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 518 Spruce St are:
General George A. McCall School: GreatSchools Rating 6/10
Benjamin Franklin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $19,482 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 22, 2009 for $1,575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Spruce St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 Spruce St is 4,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Spruce St is 1850.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19106518 Spruce St

This home is located at 518 Spruce St in Philadelphia, PA and zip code 19106 in the Center City neighborhood. This 4,500 square foot home, which was built in 1850, sits on a 0.05 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $2,600,000.

While more than 242 listings in Philadelphia, PA in April 2024 were sold above asking price, there were more than 216 listings sold at asking price, and more than 502 were sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. In April 2024 median list price was $258,806 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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