NOT LISTED FOR SALE

115 Arch St Unit PENTHOUSE Philadelphia, PA 19106

Old City Neighborhood
4 Beds
3.5 Baths
3,556 Sq Ft
$2,244/mo HOA Fee

Last Sold August 15, 2022

Last sale price $3,050,000 $858 Per Sq Ft

Highlights

  • Newly Remodeled
  • 4-minute walk to 2Nd Street
  • Terrace
  • Commercial Range
  • Wood Flooring
  • 4-minute walk to Girard Fountain Park

About This Home

As of August 2022

Penthouse 2 is now the only residence remaining at 115 Arch Street, Old City’s most iconic condominium. Set atop two turn of the century historic buildings, this trophy penthouse duplex encompasses 3,556 interior square feet and two private terraces totaling 1,267 exterior square feet. The bright and airy living area opens directly onto the terrace overlooking Arch Street with southern views of the city’s skyline. The kitchen, designed by Idea Group and Record e Cucine, is complete with custom cabinetry and top-of-the-line stainless steel appliances, including a Wolf range, coffee system, built-in microwave, and Sub-Zero refrigerator and wine cooler. A custom white oak staircase leads up to two rear bedrooms on the second floor, offering ample closet space and views of the Benjamin Franklin Bridge. The primary bedroom offers total privacy—completely separated from the rest of the floor—and has its own large private terrace. The bedroom is outfitted with two generously sized walk-in Pianca closet systems and an en-suite five-fixture bathroom complete with radiant heat flooring and large soaking tub. Designed by Urban Space Development, 115 Arch Street is a condominium conversion of two adjacent industrial buildings. In a true testament to technological innovation, the property is equipped with a virtual intercom system, enabling its residents’ remote access to their homes. It is through the rear of the building that owners have access to their private automated indoor parking. Each unit comes with a licensed storage room and deeded parking space, plus cold storage is available in the building lobby. Offering a 10-year tax abatement, estimated RE taxes shall be 11,319.79 per year. All appointments will take place at the sales office, 1315 Walnut Street, Suite 1325. Note: second parking space is available at an additional cost.

Last Agent to Sell the Property

Brett Caspi

(516) 633-6106 brett.caspi@foxroach.com Compass RE License #RSR003269 Listed on: 06/02/2021

Compass RE

Co-Listed By

Bruno Pouget

(215) 990-9525 bruno.pouget@foxroach.com Compass RE License #AB068095

Compass RE

Last Buyer's Agent

Bruno Pouget

(215) 990-9525 bruno.pouget@foxroach.com Compass RE License #AB068095

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,985

Year Built

  • Built in 1900 | Newly Remodeled

HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Combination Foundation
  • Masonry

Interior Spaces

  • 3,556 Sq Ft Home
  • Property has 2 Levels
  • Intercom

Kitchen

  • Gas Oven or Range
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Compactor
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Basement with some natural light

Outdoor Features

  • Multiple Balconies
  • Terrace

Schools

  • Gen. George A. Mccall Elementary And Middle School
  • Horace Furness High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Energy-Efficient Appliances
  • Historic Home

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • $2,244 Capital Contribution Fee
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, management, reserve funds, sewer, snow removal, trash, water
  • 6 Units
  • 113 Arch Street Condominium HOA
  • Mid-Rise Condominium
  • Built by Urban Space Development
  • Old City Subdivision
  • Property Manager

Amenities

  • 1 Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,985

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

HOA Fees

$2,244 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Bi-Level, Loft With Bedrooms, Unit/Flat
  • Ownership: Condominium
  • Historic: Yes
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2021-06-02
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Penthouse 2 is now the only residence remaining at 115 Arch Street, Old City’s most iconic condominium. Set atop two turn of the century historic buildings, this trophy penthouse duplex encompasses 3,556 interior square feet and two private terraces totaling 1,267 exterior square feet. The bright and airy living area opens directly onto the terrace overlooking Arch Street with southern views of the city’s skyline. The kitchen, designed by Idea Group and Record e Cucine, is complete with custom cabinetry and top-of-the-line stainless steel appliances, including a Wolf range, coffee system, built-in microwave, and Sub-Zero refrigerator and wine cooler. A custom white oak staircase leads up to two rear bedrooms on the second floor, offering ample closet space and views of the Benjamin Franklin Bridge. The primary bedroom offers total privacy—completely separated from the rest of the floor—and has its own large private terrace. The bedroom is outfitted with two generously sized walk-in Pianca closet systems and an en-suite five-fixture bathroom complete with radiant heat flooring and large soaking tub. Designed by Urban Space Development, 115 Arch Street is a condominium conversion of two adjacent industrial buildings. In a true testament to technological innovation, the property is equipped with a virtual intercom system, enabling its residents’ remote access to their homes. It is through the rear of the building that owners have access to their private automated indoor parking. Each unit comes with a licensed storage room and deeded parking space, plus cold storage is available in the building lobby. Offering a 10-year tax abatement, estimated RE taxes shall be 11,319.79 per year. All appointments will take place at the sales office, 1315 Walnut Street, Suite 1325. Note: second parking space is available at an additional cost.
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Commercial Range, Compactor, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 5
  • Flooring Type: Concrete, Hardwood
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Combination, Daylight, Partial, Interior Access
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 3556
  • Living Area Sq Ft: 3556
  • Price Per Sq Ft: 899.89
  • Above Grade Finished Sq Ft: 3556
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: No
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Smoke Detector
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1122.01
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1122.01
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Name: 113 ARCH STREET CONDOMINIUM
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2244.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: GEN. GEORGE A. MCCALL SCHOOL
  • Middle School: GEN. GEORGE A. MCCALL SCHOOL
  • High School: HORACE FURNESS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: GEN. GEORGE A. MCCALL SCHOOL
  • High School: HORACE FURNESS
  • Middle Or Junior School: GEN. GEORGE A. MCCALL SCHOOL

Lot Info

  • Improvement Assessed Value: 2175110.00
  • Land Assessed Value: 932190.00
  • Lot Dimensions: 47.67 x 102.00
  • Outdoor Living Structures: Terrace, Balcony, Balconies- Multiple
  • Year Assessed: 2021
  • Zoning: CMX3

Building Info

  • Builder Name: Urban Space Development

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 1409006
  • Tax Annual Amount: 10985.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/15/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $3,050,000 -4.7% $858 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
06/02/2021 06/02/21 For Sale $3,200,000 -- $900 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1019800

Bright MLS