48 N 3rd St Unit 3 Philadelphia, PA 19106
Old City NeighborhoodEstimated payment $10,240/month
Total Views
8,986
4
Beds
6
Baths
5,057
Sq Ft
$335
Price per Sq Ft
Highlights
- Rooftop Deck
- 4-minute walk to 2Nd Street
- Commercial Range
- Gourmet Kitchen
- Scenic Views
- 2-minute walk to Girard Fountain Park
About This Home
Luxury Townhome in Historic Old City – Lippincott Alley
Discover sophisticated city living in this stunning 3-4 bedroom, 4 full and 2 half bath townhome at Lippincott Alley, one of Old City’s most exclusive residential enclaves. Nestled on a quiet, brick-paved lane beside the historic Arch Street Meeting House, this home offers modern luxury with prime walkability to top dining, shopping, and cultural attractions. 5 years left on tax abatement.
Refined Interiors & Thoughtful Design
Enter from the private two-car garage or alleyway into an open-concept main level designed for seamless entertaining. The sunlit living room features oversized windows that overlook a quiet courtyard, while the chef’s kitchen boasts Wolf & Sub-Zero appliances, granite countertops, custom cabinetry, and private balcony access.
The second level offers two spacious bedrooms, each with walk-in closets and en-suite baths—one with a glass-enclosed shower, the other with a soaking tub. The laundry room is also on this level. A sumptuous & private primary suite is a spacious retreat with custom storage, a spa-like bath with a soaking tub, double vanity, and a multi-head glass-enclosed shower. There is also an incredible walk-in closet.
Rooftop Retreat & Versatile Living Spaces
Take the private 5 stop elevator to the expansive roof deck, perfect for enjoying fireworks at Penn’s Landing. The pilot house includes a wet bar, beverage center, lounge area, and powder room for effortless entertaining.
A finished basement provides flex space for a fourth bedroom, gym, or media room, complete with a full bath. Additional features include high ceilings, elegant hardwood floors, and a security system.
Unmatched Location in Old City
Walk to renowned restaurants, boutique shops, art galleries, and historic landmarks. Public transit and major highways are just minutes away for easy commuting.
Don’t miss this rare opportunity for luxury, convenience, and historic charm in one of Philadelphia’s most sought-after neighborhoods.
Schedule your private tour today.
(All square footage numbers are approximate and include above and below grade measurements. Tax abatement began in 2019.)
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,368
Year Built
- Built in 2019 | Remodeled in 2024
Lot Details
- 711 Sq Ft Lot
- Property is in excellent condition
HOA Fees
- $265 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Secure Parking
- Fenced Parking
Property Views
- Scenic Vista
- Garden
- Courtyard
Home Design
- Straight Thru Architecture
Interior Spaces
- Property has 3 Levels
- 1 Elevator
- Open Floorplan
- Wet Bar
- Two Story Ceilings
- Recessed Lighting
- Family Room Off Kitchen
- Sitting Room
- Living Room
- Dining Room
- Den
- Wood Flooring
- Laundry on upper level
- Finished Basement
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Commercial Range
- Six Burner Stove
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Dual Flush Toilets
- Soaking Tub
- Walk-in Shower
Home Security
- Surveillance System
- Security Gate
Outdoor Features
- Rooftop Deck
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- $530 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance
- Old City Subdivision
Listing and Financial Details
- Assessor Parcel Number 052141020
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,367 | $1,847,000 | $526,300 | $1,320,700 |
| 2024 | $7,367 | $1,847,000 | $526,300 | $1,320,700 |
| 2023 | $7,367 | $1,847,000 | $526,300 | $1,320,700 |
| 2022 | $7,147 | $526,300 | $526,300 | $0 |
| 2021 | $2,987 | $0 | $0 | $0 |
| 2020 | $2,987 | $0 | $0 | $0 |
| 2019 | $2,987 | $0 | $0 | $0 |
| 2018 | $2,987 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Price Changed | $1,695,000 | -3.1% | $335 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $1,750,000 | -4.1% | $346 / Sq Ft |
| 03/15/2025 03/15/25 | For Sale | $1,825,000 | +17.7% | $361 / Sq Ft |
| 09/08/2022 09/08/22 | Sold | $1,550,000 | -6.3% | $364 / Sq Ft |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | Price Changed | $1,655,000 | -1.5% | $389 / Sq Ft |
| 06/16/2022 06/16/22 | Price Changed | $1,680,000 | -2.9% | $395 / Sq Ft |
| 04/06/2022 04/06/22 | Price Changed | $1,730,000 | -1.1% | $406 / Sq Ft |
| 03/21/2022 03/21/22 | Price Changed | $1,750,000 | -2.8% | $411 / Sq Ft |
| 03/11/2022 03/11/22 | Price Changed | $1,800,000 | -5.3% | $423 / Sq Ft |
| 11/12/2021 11/12/21 | For Sale | $1,900,000 | +22.6% | $446 / Sq Ft |
| 11/10/2021 11/10/21 | Off Market | $1,550,000 | -- | -- |
| 10/11/2021 10/11/21 | For Sale | $1,900,000 | -- | $446 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,550,000 | None Listed On Document | |
| Deed | $500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $950,000 | New Conventional | |
| Previous Owner | $450,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,340,000 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2457774
APN: 052141015
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