Landlord's Agent in 2024
John Bolaris
KW Empower
(646) 705-3642
1 in this area
33 Total Sales
500 Walnut St Unit 1002 Philadelphia, PA 19106
Society Hill Neighborhood
3
Beds
3.5
Baths
3,300
Sq Ft
0.42
Acres
Highlights
- Doorman
- 4-minute walk to 5Th Street
- Clubhouse
- Spa
- City View
- 2-minute walk to Washington Square
About This Home
As of August 2024Welcome 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.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $4,845
Year Built
- Built in 2017
Lot Details
- Property is in excellent condition
Parking
- 2 Assigned Parking Spaces
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 3,300 Sq Ft Home
- Property has 1 Level
- Furnished
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- City Views
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
- Home Security System
- Exterior Cameras
Outdoor Features
- Spa
- Balcony
- Exterior Lighting
Schools
- Horace Furness High School
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Residential Lease
- Security Deposit $16,000
- 12-Month Lease Term
- Available 8/1/24
- Assessor Parcel Number 888501236
Community Details
Overview
- No Home Owners Association
- Association fees include pool(s), health club, parking fee
- High-Rise Condominium
- Built by Tom Scannapieco
- Society Hill Subdivision
Amenities
- Doorman
- Sauna
- Clubhouse
Recreation
- Heated Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Front Desk in Lobby
- Fire and Smoke Detector
- Fire Sprinkler System
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
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Home Values in the Area
Average Home Value in this Area
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 | -- | -- |
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 | $4,845 | $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
-
-
Landlord's Co-Listing Agent in 2024
Dan Deckelbaum
KW Empower
(302) 299-1100
1 in this area
141 Total Sales
-
Seller Co-Listing Agent in 2020
Andrea Desy Edrei
SERHANT PENNSYLVANIA LLC
(917) 968-7848
1 in this area
67 Total Sales
-
Buyer's Agent in 2020
Arvind Balaji
KW Empower
(267) 815-2016
2 in this area
208 Total Sales
-
Buyer's Agent in 2019
Marie Henderson
Compass RE
(610) 761-4440
23 Total Sales
-
Buyer's Agent in 2018
Margaret Wilde
Kurfiss Sotheby's International Realty
(215) 888-8500
2 in this area
47 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2351892
APN: 888501236
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