(St. Davids, August 2015) - On July 21st, the historic Samuel House at 2136 Locust Street came to the real estate market with an unexpected result: in less than 48 hours, the property was sold.
Listed by Brett Furman, Broker/Owner of RE/MAX Classic in St. Davids, this four-story Rittenhouse Square stunner, noted on the Philadelphia Register of Historic Places and once home to the Italian Consulate, hit the market with an asking price of $3.25 million.
"I expected that a special property like 2136 Locust Street was going to attract a lot of attention," said Mr. Furman. "But I have to admit I never expected so many serious buyers to step up so quickly."
Step up they did, with checkbooks in hand. An agreement for $100,000 over the asking price was signed less than 48 hours after the property came to market.
What makes this 10,490 square foot Federal mansion so special? Designed by renowned Philadelphia architect Theophilous P. Chandler, it was commissioned in 1899 by steel magnate Frank Samuel as a residence for his family. Completed in 1905, this spectacular brick beauty, also linked with internationally known architect Horace Trumbauer, retains many original details, like parquet and herringbone floors, decorative moldings, dormer windows, leaded glass windows, and an elevator with a gilt gold interior, plus a roof deck with gorgeous city views.
The magnificent residence now houses office space and several apartments including a two-level five bedroom "owners' suite."
"I believe the intention of the new owners is to restore Samuel House to its original beauty and purpose," said Mr. Furman. "I look forward to seeing the restoration complete."
The sale of 2136 Locust Street closed on August 14th for $3,350,000. Please refer your inquiries to Brett Furman at 610-687-6060 or brett@brettfurman.com.
