NOT LISTED FOR SALE

121-35 Walnut St Unit 605 Philadelphia, PA 19106

Old City Neighborhood

Estimated Value: $800,000 - $1,071,624

3 Beds
2.5 Baths
-- Sq Ft
$992/mo HOA Fee

Last Sold January 16, 2020

Last sale price $925,000

Est. 5% increase in value since last sale

Current estimated payment $7,381/month

254 Days on Market

Highlights

  • Penthouse
  • 4-minute walk to 2Nd Street
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage

About This Home

As of January 2020

CORNER PENTHOUSE at one of the best locations in Center City for only $436 a square foot!! Almost every room in this unit is wrapped in panoramic views of the city. This 3 bed/2,5 bath home has it all and is Located on the top two floors of the esteemed Moravian condo building in Society Hill. The first level of this palace in the sky has a huge living room with coffered ceiling, gorgeous double windows facing north and east, wide plank hardwood floors, and incredible wireless Bose surround sound system and an electric fireplace with stone wall from floor to ceiling. The large kitchen features stainless steel appliances, including a pro vent system above the cook-top and a separate wall oven and convection microwave. The large quartz peninsula is perfect for dining and entertaining. Sleek back-splash and lots of cabinets for storage. Moving up to the second level, you are met on the landing by beautiful natural sunlight which shines through from the picturesque skylight above. As we continue through the layout of this upper level, you'll find an incredible guest bedroom with panoramic views of the city and full guest bathroom with floor to ceiling tile throughout and a large shower and Jacuzzi tub. The master suite is the next stage in luxury living drenched in light from the surrounding windows facing North, East, and South and providing unobstructed views of the Delaware River and Ben Franklin Bridge. This extravagant owner's suite features magnificent coffered ceilings, large double closets with built-in shelving, light filtering window treatments, and plenty of space. The master bathroom features his and hers sinks, a glass-enclosed shower will rainfall shower-head, floor to ceiling tile, and toilet room with privacy door. Other amenities include a full laundry room, high-quality Toto toilets throughout, and additional space from storage under the stairs and the storage unit located in the basement. One year of parking for one car included in the sale with ACCEPTABLE offer!! This corner unit is as good as it gets and is walking distance from some of the city's best restaurants, parks, and amenities. This luxury boutique building is surrounded by over (24) $2,000,000 homes and overlooks historical Welcome park and is surrounded by historical landmarks like the gorgeous customs building and the 2nd national bank. Don't miss out on this one of a kind beauty! extra storage in the lower level of the building. Square footage total includes above grade space and below grade space and is estimated.

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 04/09/2019

KW Empower

Co-Listed By

Jim Onesti

KW Empower

Last Buyer's Agent

David Snyder

KW Empower License #RS223144L

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 2005

HOA Fees

  • $992 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • Prepaid Parking
  • Parking Lot
  • Off-Site Parking

Home Design

  • Penthouse
  • Masonry

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • $992 Capital Contribution Fee
  • Association fees include common area maintenance, trash
  • Society Hill Subdivision

Listing and Financial Details

  • Tax Lot 259
  • Assessor Parcel Number 888035232

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,811

Year Built

Built in 2005

Lot Details

0

HOA Fees

$992 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 6
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121-35

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Prepaid
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Site, Parking Lot, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 992.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 992.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 994.00
  • Tax Annual Amount: 1811.00
  • Assessor Parcel Number: 888035232
  • Tax Lot: 259
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 01/16/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Jan 14, 2020
Sold by
Mandale Michael Z and Mandale Joseph
Bought by
Riechelson Susan and Riechelson Kevin
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
David Snyder
KW Empower
List Price
$1,099,000
Sold Price
$925,000
Premium/Discount to List
-$174,000
-15.83%
Current Estimated Value
$974,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,156
Avg. Annual Appreciation
0.92%
Original Mortgage
$150,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2012
Sold by
Moravian Associates Lp
Bought by
Mandale Michael Z and Mandale Joseph
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riechelson Susan $925,000 Great American Abstract Llc
Mandale Michael Z $506,688 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riechelson Susan $505,000
Closed Riechelson Kevin $150,000
Closed Riechelson Susan $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $925,000 -9.8% --
12/19/2019 12/19/19 Pending -- -- --
10/29/2019 10/29/19 Price Changed $1,025,000 -2.4% --
06/06/2019 06/06/19 Price Changed $1,050,000 -4.5% --
04/09/2019 04/09/19 For Sale $1,099,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,463 $1,005,000 $140,600 $864,400
2024 $13,463 $1,005,000 $140,600 $864,400
2023 $13,463 $961,800 $134,600 $827,200
2022 $12,945 $961,800 $134,600 $827,200
2021 $12,945 $0 $0 $0
2020 $1,811 $0 $0 $0
2019 $1,549 $0 $0 $0
2018 $1,336 $0 $0 $0
2017 $1,336 $0 $0 $0
2016 $9,540 $0 $0 $0
2015 $9,132 $0 $0 $0
2014 -- $681,500 $68,150 $613,350
2012 -- $68,864 $13,800 $55,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH784608

Bright MLS

APN: 888035232