It was only a couple weeks ago when we wrote about the relatively new listing just off of Ninth and South — a lovely rowhome redo with luxury appointments like three fireplaces; a gourmet kitchen; a private deck; and a rear garden. It’s also perfectly situated near Via Bicycle and Starbucks, among other necessities.
It went on the market in mid-November, was taken off Nov. 27, and the deal was closed and entered into the Great Book of Sales yesterday. Score! Was it Talbot’s fame that made this move so quickly? Doubtful. Between the location and the home’s condition — and the fact that Bella Vista houses are movers — it would have been fine without the Talbot connection.
It sold for $1,050,000, down from the last list price of $1,129,000.
To see the gallery of the house, click the link below:
• Rowhome Redo Perfect for Bike-Riding Coffee Addicts — and Flyers
This luxury Gary Gardner home — sitting on more than three acres of land among other Gary Gardner homes — is, according to the listing, “the address that says ‘We’ve arrived.’” Its 9,000 square feet are certainly packed with amenities, including a kitchen with four ovens, three dishwashers and a Wolf range; an elevator that runs between the basement and the second floor; an outfitted gym; a saltwater pool; a sauna; a home theater with puffy leather recliners; a billiards room; a bar; and a wine cellar.
But we like the hidden TV best.
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Estately has a gallery of homes a person making minimum wage ($7.25) can afford in various cities. Those homes are compared to those a person making $15 per hour can afford — and the difference is so depressing, it’s enough to make even the most diehard conservative move to Canada.
In Philadelphia, here’s what the difference looks like:
For those making $7.25 per hour:
This house is in Southwest Philly, around 69th and Buist. Listing says: “house’s boarded for security reason. But otherwise, it’s a good starter house.” And the price is right: $50,000. Unfortunately, this house is unlikely to be an investment that appreciates.
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When the artist Chris Perot bought this unit in the small condo building at Cuthbert and Mascher streets in 2003, the space in the former Old City factory was wide open. So Perot hired Studio Agoos/Lovera to create definition using glass and wood panels hung from the ceiling, wood columns, and elements like a massive, 2001 monolith-style fireplace to divide the space. “I love the wood ceilings and the proportion of the space,” Perot told Philadelphia Style in 2003 — and it’s likely there are plenty of buyers who will feel the same way.
In a small, secluded building with only six units, this second-floor apartment can be configured for two, three or four bedrooms because of its flexible space. The central area has 11.5′ ceilings; three exposures have windows that are more than six feet tall. The kitchen featured poured concrete countertops (not granite! It’s a miracle!) that match the (necessarily) radiant-heated concrete floors.
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This New Jersey home is on a hill overlooking the Delaware and Raritan Canal, a historic waterway that was built in the early 19th century as a freight route between Philadelphia and New York. Although the canal’s industrial past may be long gone, it’s now part of a state park, and the historic properties along its length have easy access to major highways and recreational attractions.
The main house on this property was in 1872 and was well-preserved by its second owner, Norwegian inventor and businessman Anders Jordahl. Additionally, the house got a top-to-bottom renovation in 2008. Perks include hardwood floors, a dry bar, and a wood-burning stove.
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When people in China consider buying real estate in the U.S. — an increasing trend — the cities they look at most often include Philadelphia, which CNN Money seems to think verges on preposterous:
New York and Los Angeles top the list of U.S. cities they are most interested in…More surprisingly, Philadelphia and Detroit come in at No. 3 and No. 4.
But how surprising is it? The same article says Chinese buyers “seek homes near colleges their children can attend,” which certainly makes sense as a rationale for Philadelphia.
One nice perk? The overwhelming majority of Chinese buyers pay cash.
Top 10 U.S. cities for Chinese homebuyers [CNN Money]
Photo: Gerry Senker
The above sign appeared on Temple’s main campus the other day, right in front of the Tyler School of Art building. Handwringing ensued. Hillel Hoffmann, assistant director of news communications, explains:
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Let’s take a look at Philadelphia artist Eric Hall’s home by taking a tour of his paintings. For example, Hall’s triptych Expressway (which portrays East Falls) hangs in the townhome’s living room, which has an open floor plan, hardwood floors and high ceilings. Collimation No. 35 (Arctic) hangs nearby, beneath recessed lighting. Above the woodburning fireplace, in the same room, is Collimation No. 44 (Canyon 1).
Collimation No. 27 (Trapeze 1), Collimation No. 28 (Trapeze 2), and Collimation No. 29 (Trapeze 3) stud the walls of the dining room, which features a china cabinet and a skylit atrium with exposed brick. Upstairs, there’s Collimation No. 10 (Genesis) in a bedroom that’s been converted into a family room/study.
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Exterior of 211 Muddy Run Road, Oxford, PA
Before we get into the historical aspect of Waterford Farm’s interior, let’s take a moment to appreciate its vast acreage, which is enough to encompass a pond and the Muddy Run stream. No wonder the current owners use it for eventing!
Located on approximately 80 acres of hilly land, the farm has eventing fences and an an outdoor sand ring for equestrian activities. There’s also a dressage ring, horse walker, and 12-stall bank barn with a tack room and wash stall.
Inside the 18th-century farmhouse, impressive views of the property from the living room could leave anyone speechless.
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The city’s new tax relief program, PHL Tax LOOP, is part snappy acronym; LOOP stands for Longtime Owner Occupants Program (oh, to have been a fly on the wall during City Hall acronym idea meetings). Those people who have owned their property since at least 2003 and are up to date on their property taxes are eligible, as long as the property hasn’t ever had a tax abatement.
There are income requirements and specs for what kind of properties qualify for the tax break, but based on the city’s preliminary estimates, 80,000 properties are eligible. Those 80,000 will get info packets in the mail, but if you don’t receive one automatically, that doesn’t mean you aren’t eligible.
Nutter’s statement indicates his acknowledgement of one of the few AVI hiccups: “Our new property tax system is fair and accurate for all Philadelphians – but fairer and more accurate values meant large Real Estate Tax increases for some homeowners.”
Advocates of AVI prior to its implementation claimed that such inequities would ultimately get resolved — precisely with programs of this kind. It should certainly help.
For more information, go to the city’s LOOP site or call 215-686-9200.