2525 Brown St in Philadelphia sells for $1.11 million

At $1,110,000, the sale was 29% above the home's last recorded sale, $860,000 in 2021, according to the Philadelphia Office of Property Assessment's records. The single-family home at 2525 Brown St in Philadelphia sold on August 3, 2026, according to the Philadelphia Department of Records' real estate transfer records.

An aerial photo shows shops and offices around the property.

The record lists Stephen Payne and Lei Yang as the seller and Lauren S. Waltrath and Todd S. Waltrath as the buyer.

The Philadelphia Office of Property Assessment's records show 3 bedrooms, 1 bathroom, 2,468 square feet of living area, a build year of 2020 and a 1,584-square-foot lot. The price works out to $450 per square foot. The market value on record is $1,269,400, making the sale price 13% below that.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Philadelphia?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $19,857.90 for the philadelphia realty transfer tax and $5,550 for the state realty transfer tax. Who pays what follows Philadelphia custom.

How much did the seller net?

By our estimate, the seller netted about $1,035,735. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $285,840 at closing. That covers the down payment and closing costs.

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