Philadelphia · Home sale
42 Summit St in Philadelphia sells for $2.49 million
A single-family home at 42 Summit St, Philadelphia sold for $2,487,500 on August 10, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $2,487,500
- Sold
- August 10, 2026
- Property type
- Single-family home
- Living area
- 4,230 sq ft
- Price per sq ft
- $588
- Year built
- 1863
A single-family home at 42 Summit St in Philadelphia sold for $2,487,500 on August 10, 2026, according to the Philadelphia Department of Records' real estate transfer records. The sale price is 2.1 times the property's market value of $1,191,100 on record with the Philadelphia Office of Property Assessment, and 46% above its most recent earlier sale of $1,700,000 in 2025.
The property spans 4,230 square feet of living area across 6 bedrooms and 3 bathrooms, working out to $588 per square foot. Built in 1863, it sits on a 0.6-acre lot.
An aerial photo shows the home surrounded by other houses in the neighborhood.
KS Otherside LLC sold the property to Adam Belfer and Alexandra Belfer.
What this sale costs to close
What does closing cost at this price? Under Philadelphia custom the seller's larger charges are $44,501.38 for the philadelphia realty transfer tax and $12,437.50 for the state realty transfer tax. With a 5% commission, the seller's estimated net is $2,291,368 before any mortgage payoff. A buyer putting 20% down would need about $630,628 at closing.
Source: Philadelphia Department of Records, real estate transfers (OpenDataPhilly), document 54583731. Property details: Philadelphia Office of Property Assessment. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
