$1,800,000
SOLD JUN 2, 2025
3 Beds
3.5 Baths
2,850 Sq Ft
$1,007/mo HOA Fee

Recently Sold

$632 Per Sq Ft

705 Days on Market

Highlights

  • Remodeled in 2023
  • Commercial Range
  • 1 Car Detached Garage
  • Gourmet Kitchen
  • Open Floorplan
  • 3-minute walk to Girard Fountain Park

About This Home

As of June 2025

Developed by Astoban Investments, one of Philadelphia’s premier developers renowned for creating some of the city’s most innovative, bespoke buildings, this is a 6-story building in Old City. With only 4 condominium units, one unit per floor for complete privacy, this boutique-sized building offers expansive, beautifully finished interiors. From the lobby an elevator whisks you directly to your residence. Tall windows and high ceilings in each unit create sun-filled interiors. Best-in-class finishes and fixtures are the ideal canvas whether your style is tailored and modern or awash in color and texture. Buyers will have an all-new home in the shell of a classic, historical building that remains an important part of the streetscape in Old City. Residence 2 offers 3 bedrooms and 3.5 baths in 2,745 square feet covering the entire second floor of the building. The elevator opens into a private reception area just outside the apartment’s front door. A sweeping, open floor plan accommodates a living area, dining area and direct-from-Italy Scavolini kitchen. With a full suite of pro-grade appliances and a large island, this sleek space amplifies this apartment’s “wow factor.” High ceilings and three tall windows contribute to the airy feeling. Each bedroom will be an en suite with the main bedroom suite designed to include a luxe array of amenities, including a main bath retreat with radiant-heated floor, oversized, glass-enclosed shower, soaking tub and Scavolini wall-hung vanities. A garage parking space is included. For the buyer seeking a magazine-worthy living space in a scenic corner of Old City, look no further than 124 N. 2nd. Given the location, square footage and quality, this is one of the best values in the city today at under $700/square foot. Photos and video shown for this unit are from Unit 401 but floor plan and finishes for Unit 201 are very similar. Views are slightly different.

Last Agent to Sell the Property

Doug Pearson

Kurfiss Sotheby's International Realty Listed on: 03/31/2023

Last Buyer's Agent

Louise D'Alessandro

Elfant Wissahickon-Chestnut Hill License #AB066994

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,796

Year Built

  • Built in 1920 | Remodeled in 2023

HOA Fees

  • $1,007 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Masonry

Interior Spaces

  • 2,850 Sq Ft Home
  • Open Floorplan
  • Home Security System
  • Basement

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Range Hood
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 389
  • Assessor Parcel Number 888000180

Community Details

Overview

  • Association fees include exterior building maintenance, management, common area maintenance, trash, snow removal
  • Mid-Rise Condominium
  • Old City Subdivision
  • Property Manager
  • Property has 6 Levels

Pet Policy

  • Limit on the number of pets

Additional Features

  • Security Service
  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,796

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

HOA Fees

$1,007 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Loft With Bedrooms
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 1920
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Developed by Astoban Investments, one of Philadelphia’s premier developers renowned for creating some of the city’s most innovative, bespoke buildings, this is a 6-story building in Old City. With only 4 condominium units, one unit per floor for complete privacy, this boutique-sized building offers expansive, beautifully finished interiors. From the lobby an elevator whisks you directly to your residence. Tall windows and high ceilings in each unit create sun-filled interiors. Best-in-class finishes and fixtures are the ideal canvas whether your style is tailored and modern or awash in color and texture. Buyers will have an all-new home in the shell of a classic, historical building that remains an important part of the streetscape in Old City. Residence 2 offers 3 bedrooms and 3.5 baths in 2,745 square feet covering the entire second floor of the building. The elevator opens into a private reception area just outside the apartment’s front door. A sweeping, open floor plan accommodates a living area, dining area and direct-from-Italy Scavolini kitchen. With a full suite of pro-grade appliances and a large island, this sleek space amplifies this apartment’s “wow factor.” High ceilings and three tall windows contribute to the airy feeling. Each bedroom will be an en suite with the main bedroom suite designed to include a luxe array of amenities, including a main bath retreat with radiant-heated floor, oversized, glass-enclosed shower, soaking tub and Scavolini wall-hung vanities. A garage parking space is included. For the buyer seeking a magazine-worthy living space in a scenic corner of Old City, look no further than 124 N. 2nd. Given the location, square footage and quality, this is one of the best values in the city today at under $700/square foot. Photos and video shown for this unit are from Unit 401 but floor plan and finishes for Unit 201 are very similar. Views are slightly different.
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Refrigerator, Range Hood, Washer, Freezer, Oven/Range - Gas
  • Entry Floor: 2
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Elevator, Floor Plan - Open, Kitchen - Gourmet
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 6
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2850
  • Price Per Sq Ft: 631.58
  • Above Grade Finished Sq Ft: 2850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • 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
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1006.83
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Common Area Maintenance, Trash, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: LC1
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: CMX3

Rental Info

  • Ground Rent Exists: No
  • Pets: Number Limit, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 13057.00
  • Tax Annual Amount: 23796.00
  • Assessor Parcel Number: 888000180
  • Tax Lot: 389
  • Tax Total Finished Sq Ft: 2745
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/02/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 29, 2025
Sold by
124 North Second Street Development Llc
Bought by
Shore Joy Beller and Freed Eric D
Seller's Agent
Doug Pearson
Kurfiss Sotheby's International Realty
Buyer's Agent
Louise D'Alessandro
Elfant Wissahickon-Chestnut Hill
List Price
$1,800,000
Sold Price
$1,800,000
Views
2520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-56.27%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,800,000 Northwest Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $1,800,000 0.0% $632 / Sq Ft
03/31/2023 03/31/23 For Sale $1,800,000 -- $632 / Sq Ft
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 $23,797 $1,751,000 $227,600 $1,523,400
2024 $23,797 $1,751,000 $227,600 $1,523,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2219366

Bright MLS

APN: 888001269