48 N 3rd St Unit 3 Philadelphia, PA 19106
Old City Neighborhood
4
Beds
6
Baths
4,257
Sq Ft
$265/mo
HOA Fee
Highlights
- Straight Thru Architecture
- 4-minute walk to 2Nd Street
- 2-minute walk to Girard Fountain Park
- 2 Car Direct Access Garage
- Forced Air Heating and Cooling System
About This Home
As of September 2022Live in opulence in the fully loaded home at Lippincott Alley. Lippincott is a premier living destination in the heart of Old City. Located next to the historic Arch Street Meeting House, the townhomes at Lippincott provide a sanctuary from the bustling pace of life in the city. Enter your front door from a quiet, brick-paved lane and step into a home that is refreshingly contemporary or enter from your 2-car GARAGE! Enjoy an open concept main level floor plan that is perfect for entertaining. Relax and unwind in the comfort of the living room. This light-filled space highlights the natural beauty of the surrounding landscape. Cooking won't feel like a chore in this gorgeous kitchen equipped with Wolf and Sub-Zero appliances, granite countertops, plenty of cabinets for storage and direct access to your private balcony. The second floor features two large bedrooms with custom walk-in closets. Each bedroom has its own bath - one with a tub/shower combo, the other with a glass-enclosed shower. A bonus feature of the space includes upper-level laundry with Whirlpool front loading washer and dryer. Pamper yourself in the master suite. Enjoy a generous walk-in closet with custom storage system and spa-like master bath featuring a double vanity, free-standing soaking tub, large glass-enclosed shower with multiple shower heads and rain shower plus tons of natural light. A private elevator whisks you up to the roof deck where you can enjoy the view and watch the fireworks at Penn's Landing. The pilot house is equipped with a wet bar, beverage center, open shelving and lounge area - plus a powder bath. Leave the car parked in your private two car garage. Enjoy the ease of being walking distance to the best of Old City - located just minutes from public transit, the city's best restaurants, boutique shops, art galleries and area attractions. Additional features of this 3-4 bedroom, 4 full and 2 powder bath home include include a finished basement, a full bath, flex space for a 4th bedroom and extra storage, gorgeous hardwood floors and tile throughout, high ceilings, and alarm system. Luxury living in one of the most historic locations in the US. What more could you ask for? Schedule a showing today. All square footage numbers are approximate and include above and below grade measurements. Private water $24/month. Tax abatement started in 2019.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,368
Year Built
- Built in 2019
Lot Details
- 711 Sq Ft Lot
- Lot Dimensions are 19.95 x 35.66
HOA Fees
- $265 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Straight Thru Architecture
Interior Spaces
- 4,257 Sq Ft Home
- Property has 3 Levels
- Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2021
Closed on
Sep 1, 2022
Sold by
Cao Simon Y and Schaffer Grace X
Bought by
Haefner Larry Albert and Dansereau Faith
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Stephanie Biello
Kurfiss Sotheby's International Realty
List Price
$1,900,000
Sold Price
$1,550,000
Premium/Discount to List
-$350,000
-18.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$950,000
Outstanding Balance
$912,981
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$884,871
Purchase Details
Closed on
Dec 20, 2016
Sold by
Cohan Burton Z and Luber Myron R
Bought by
Schaffer Grace X and Schaffer Christopher B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Philadelphia, PA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Andrea Desy Edrei
Seller's Agent in 2025
Andrea Desy Edrei
SERHANT PENNSYLVANIA LLC
(917) 968-7848
67 Total Sales
-
Michael Skokowski
Seller Co-Listing Agent in 2025
Michael Skokowski
SERHANT PENNSYLVANIA LLC
(856) 577-6710
-
Michael McCann
Seller's Agent in 2022
Michael McCann
KW Empower
45 in this area
1,894 Total Sales
-
Jim Onesti
Seller Co-Listing Agent in 2022
Jim Onesti
KW Empower
22 in this area
535 Total Sales
-
Stephanie Biello
Buyer's Agent in 2022
Stephanie Biello
Kurfiss Sotheby's International Realty
(267) 322-9814
1 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2001807
APN: 052141015
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