500 Walnut St Unit 1001 Philadelphia, PA 19106
Society Hill Neighborhood
3
Beds
3.5
Baths
2,700
Sq Ft
$3,375/mo
HOA Fee
Highlights
- Concierge
- 4-minute walk to 5Th Street
- Contemporary Architecture
- Fitness Center
- Transportation Service
- 2-minute walk to Washington Square
About This Home
As of August 2025Rarely offered on the market, the south-facing 10th-floor Residence is a breathtaking 3-bedroom, 3.5-bathroom home located in the iconic 500 Walnut. This distinctive building, designed by the esteemed architect Cecil Baker, represents a unique boutique luxury condominium positioned in Society Hill, just off Washington Square. Step into this light-filled space through an elegant gallery featuring high ceilings that flow seamlessly into the open living and dining area, adorned with floor-to-ceiling windows and southern exposures. A striking feature wall separates the rooms, outfitted with a gas fireplace, built-in television, and a custom-lit art gallery. The kitchen, expertly crafted by Joanne Hudson, boasts marble countertops, under-cabinet lighting, and top-tier appliances, including a Sub-Zero refrigerator, Wolf oven, microwave, stovetop, Asko dishwasher, and a beverage station complete with wine storage and two drink drawers. Adjacent to the kitchen is a pantry with glass pocket doors and thoughtfully designed storage. The primary suite offers a private south-facing balcony, a luxurious walk-in closet, a wine fridge, and a coffee station. Its bathroom is equipped with a double vanity marble sink, an oversized shower featuring a waterfall showerhead, and radiant heat flooring. The spacious second bedroom includes ample closet space and its own en-suite bath. The third bedroom, currently functioning as a den and home office, opens from the living area through large pocket doors and overlooks Independence Park. Additional features include a sizable laundry room with substantial storage, Lutron motorized window shades, LED lighting, an audio speaker system, porcelain floors, and custom carpeting. 500 Walnut offers the convenience of a doorman building equipped with a fully automated parking system, a pool, a fitness center, massage rooms with steam and sauna, a communal area featuring a couple of outdoor fireplaces, a golf simulator, a billiards area, a boardroom, a pet spa, on-site daily chauffeur service, and a guest suite available upon request for out of town guest. This residence benefits from approximately three years remaining on the tax abatement and two deeded parking spaces.
Last Buyer's Agent
BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS129115A
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,255
Year Built
- Built in 2017
HOA Fees
- $3,375 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Basement Garage
- Oversized Parking
- Electric Vehicle Home Charger
- Heated Garage
- Lighted Parking
- Front Facing Garage
- Secure Parking
Home Design
- Contemporary Architecture
- Masonry
Interior Spaces
- 2,700 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
- More Than Two Accessible Exits
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Back Up Electric Heat Pump System
- 60+ Gallon Tank
- Public Septic
Listing and Financial Details
- Tax Lot 76
- Assessor Parcel Number 888501234
Community Details
Overview
- $6,750 Capital Contribution Fee
- Association fees include alarm system, common area maintenance, health club, insurance, lawn care front, lawn care rear, lawn maintenance, management, pool(s), recreation facility, reserve funds, sauna, snow removal, trash
- High-Rise Condominium
- 500 Walnut Condominiums
- Washington Sq Subdivision
- Property Manager
Amenities
- Concierge
- Transportation Service
- Sauna
- Game Room
- Community Center
- Meeting Room
- Party Room
- Recreation Room
- Guest Suites
- Community Storage Space
Recreation
- Fitness Center
- Community Indoor Pool
- Community Spa
- Dog Park
Pet Policy
- Pets Allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
Aug 11, 2025
Sold by
Robert and Robert Donna Platzer
Bought by
Walnut Street 1001 Llc
Seller's Agent
Bruno Pouget
Compass RE
Buyer's Agent
laurie Phillips
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9513.19%
Purchase Details
Closed on
Dec 21, 2018
Sold by
500 Walnut Partners Lp
Bought by
Platzer Robert and Platzer Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.8%
Mortgage Type
Unknown
Similar Homes in Philadelphia, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,890,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,425,430 | New Conventional | |
| Closed | $1,500,000 | New Conventional | |
| Closed | $1,500,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $3,000,000 | -7.7% | $1,111 / Sq Ft |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 05/31/2025 05/31/25 | Price Changed | $3,250,000 | -7.1% | $1,204 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $3,500,000 | -- | $1,296 / 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 | $4,093 | $3,802,000 | $304,000 | $3,498,000 |
| 2024 | $4,093 | $3,802,000 | $304,000 | $3,498,000 |
| 2023 | $4,093 | $3,655,800 | $292,400 | $3,363,400 |
| 2022 | $4,093 | $292,400 | $292,400 | $0 |
| 2021 | $3,936 | $0 | $0 | $0 |
| 2020 | $3,936 | $0 | $0 | $0 |
| 2019 | $3,785 | $0 | $0 | $0 |
| 2018 | $40,059 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bruno Pouget
Seller's Agent in 2025
Bruno Pouget
Compass RE
(215) 990-9525
5 in this area
51 Total Sales
-
Brett Caspi
Seller Co-Listing Agent in 2025
Brett Caspi
Compass RE
(516) 633-6106
4 in this area
49 Total Sales
-
laurie Phillips
Buyer's Agent in 2025
laurie Phillips
BHHS Fox & Roach
(215) 432-4247
6 in this area
66 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2461260
APN: 888501234
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