$3,510,000 - $6,567,695
RENTED AUG 1, 2024

500 Walnut St Unit 1002 Philadelphia, PA 19106

Society Hill Neighborhood
3 Beds
4 Baths
3,300 Sq Ft
$1,509 Price per Sq Ft

About This Home

Welcome to your private oasis at Philadelphia's most prestigious address, 500 Walnut. This residence sets a new standard for ultra-luxury living, boasting breathtaking panoramas and amenities that surpass even the highest expectations. With each floor featuring only 1-2 residences and accessed by non-stop elevators, your privacy is always maintained.

Step into 3300 square feet of pure luxury and elegance, featuring 3 bedrooms plus a den and 3.5 baths. The floor-to-ceiling windows offer seamless views of iconic landmarks such as Independence Hall, Washington Square Park, and the Delaware River. The custom, Joanne Hudson ultra-modern bright white kitchen is a chef's dream, complete with an oversized quartz island and waterfalls, gas range, wine fridge.

The living room is bathed in natural light and features a vented fireplace, perfect for creating a luxurious, peaceful space to call home. The marble-lined baths add a touch of opulence, while the primary suite boasts a spacious walk-in closet that could easily serve as another room. A balcony off the primary suite and kitchen provides incredible views and a seamless indoor-outdoor living experience.

Enjoy the convenience of a 2-car electronic parking system that delivers your vehicles to an indoor private secure garage with just the touch of a fob. 500 Walnut offers white-glove professional service with caring staff dedicated to fulfilling your every need. Residents enjoy access to a 24-hour concierge, town car service, guest suite, billiard room, boardroom, event space, lap pool with hot tub, fitness center, steam room, sauna, and massage services.

Indulge in the serenity of a 4,000 square foot treetop terrace with fireplace, seating, and expansive private garden overlooking Independence Hall. The touchless parking system ensures the fastest valet service in the city. Plus, with 4 years remaining on the tax abatement, this is an opportunity not to be missed for discerning buyers seeking the ultimate in luxury living.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2017
Sold by
500 Walnut Partners Lp
Bought by
Alc Walnut Properties Llc
Current Estimated Value
$4,979,898
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alc Walnut Properties Llc $4,059,100 Northwest Executive Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $16,000 0.0% --
06/10/2024 06/10/24 Under Contract -- -- --
05/07/2024 05/07/24 For Rent $16,000 +14.3% --
12/19/2020 12/19/20 Rented $14,000 -9.7% --
11/02/2020 11/02/20 For Rent $15,500 +24.0% --
06/03/2019 06/03/19 Rented $12,500 0.0% --
05/31/2019 05/31/19 Under Contract -- -- --
05/20/2019 05/20/19 For Rent $12,500 -7.4% --
05/16/2018 05/16/18 Rented $13,500 -15.6% --
05/16/2018 05/16/18 Under Contract -- -- --
12/14/2017 12/14/17 For Rent $16,000 -- --

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 $4,845 $4,499,400 $359,900 $4,139,500
2024 $4,845 $4,499,400 $359,900 $4,139,500
2023 $4,845 $4,326,400 $346,100 $3,980,300
2022 $4,845 $346,100 $346,100 $0
2021 $4,659 $0 $0 $0
2020 $4,659 $0 $0 $0
2019 $4,479 $0 $0 $0
2018 $47,407 $0 $0 $0
2017 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Bolaris

    Seller's Agent in 2024

    John Bolaris

    KW Empower

    (646) 705-3642

    34 Total Sales

    John Bolaris
    Section Image
  • Dan Deckelbaum

    Seller Co-Listing Agent in 2024

    Dan Deckelbaum

    KW Empower

    (302) 299-1100

    138 Total Sales

    Dan Deckelbaum
    Section Image
  • Andrea Desy Edrei

    Seller Co-Listing Agent in 2020

    Andrea Desy Edrei

    SERHANT PENNSYLVANIA LLC

    (917) 968-7848

    1 in this area

    65 Total Sales

    Andrea Desy Edrei
    Section Image
  • Arvind Balaji

    Buyer's Agent in 2020

    Arvind Balaji

    KW Empower

    (267) 815-2016

    2 in this area

    198 Total Sales

    Arvind Balaji
    Section Image
  • Marie Henderson

    Buyer's Agent in 2019

    Marie Henderson

    Compass RE

    (610) 761-4440

    21 Total Sales

    Marie Henderson
    Section Image
  • Margaret Wilde

    Buyer's Agent in 2018

    Margaret Wilde

    Kurfiss Sotheby's International Realty

    (215) 888-8500

    2 in this area

    48 Total Sales

    Margaret Wilde
    Section Image
See All Agents

Map

Pennsylvania Philadelphia County Philadelphia 19106 Society Hill

500 Walnut St Unit 1002, Philadelphia, PA

This home is located at 500 Walnut St Unit 1002, Philadelphia, PA 19106 and is currently estimated at $4,979,898, approximately $1,509 per square foot. 500 Walnut St Unit 1002 is a home located in Philadelphia County with nearby schools including General George A McCall Public School, Benjamin Franklin High School, and Mastery Charter High School Lenfest Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes