
Seller's Agent in 2024
Mary Genovese Colvin
Compass RE
(215) 806-1500
13 in this area
107 Total Sales
Estimated Value: $3,716,000 - $4,347,000
This luxurious condominium is located above Independence Hall and offers a refined living experience. It is the first unit of its type for resale in the prestigious Residences at 500 Walnut and features 3,200 square feet of living space. The unit is turnkey and has been uniquely crafted to provide a one-of-a-kind experience. Upon entering the condominium through double doors, you will be greeted by an impressive foyer with a custom lighting fixture. The open dining and kitchen area is illuminated by panoramic floor-to-ceiling windows, creating a bright and spacious atmosphere. The gourmet kitchen is expertly designed with waterfall edge quartz counters, a breakfast bar, Gaggenau appliances, white lacquered soft-close cabinetry, and a 200+ bottle wine storage case. The dining and living room area features wide-plank hardwood floors, a vented gas fireplace, and custom recessed lighting. From here, you can step out onto a large terrace that overlooks Independence Mall, offering captivating views of historic Philadelphia. The owner's suite is spacious and includes bright windows, terrace access, lofty tray ceilings with recessed lighting, and a walk-in double closet with customized storage. The ensuite bathroom features two oversized vanities, a standing glass-enclosed rain shower, and a Toto washlet toilet. There are also two additional generously sized bedrooms, each with a three-piece bathroom and large closets. In addition to the bedrooms, the condominium includes an entertainment room, home office, hall powder room, laundry room, Lutron lighting and shade system, and ample storage throughout. Developed by the highly esteemed Scannapieco Development Corporation, this exclusive residence offers only 34 units for unmatched privacy and prestige. Residents of this condo at 500 Walnut can enjoy two-car parking in the fully automated parking garage, which includes the country's first induction charging for electric cars. The building also offers world-class amenities such as a full-service concierge and doorman, a Mercedes town car and driver, a guest suite, and a 4,000 square foot treetop terrace overlooking Independence Hall. Located at the corner of 5th and Walnut Streets, this imperial building is conveniently close to the neighborhood's most distinguished restaurants, cafes, boutiques, and major transportation options. Experience extraordinary style, comfort, and convenience in Philadelphia's most sought-after zip code! This condominium is also available for lease at $15,000 per month.
Last Buyer's Agent
BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS129115A
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Unit 802 Walnut Trust | $3,825,000 | Land Services Usa | |
Toler William D | $3,998,630 | Northest Esceutive Abst Agnc |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2024 07/22/24 | Sold | $3,825,000 | -12.1% | $1,195 / Sq Ft |
06/20/2024 06/20/24 | Pending | -- | -- | -- |
01/17/2024 01/17/24 | For Sale | $4,350,000 | -- | $1,359 / Sq Ft |
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 | $3,875 | $3,599,500 | $287,800 | $3,311,700 |
2024 | $3,875 | $3,599,500 | $287,800 | $3,311,700 |
2023 | $3,875 | $3,461,100 | $276,800 | $3,184,300 |
2022 | $3,726 | $276,800 | $276,800 | $0 |
2021 | $3,726 | $0 | $0 | $0 |
2020 | $3,726 | $0 | $0 | $0 |
2019 | $3,583 | $0 | $0 | $0 |
2018 | $37,925 | $0 | $0 | $0 |
2017 | -- | $0 | $0 | $0 |
Seller's Agent in 2024
Mary Genovese Colvin
Compass RE
(215) 806-1500
13 in this area
107 Total Sales
Seller Co-Listing Agent in 2024
Margaux Genovese Pelegrin
Compass RE
(215) 205-2400
23 in this area
337 Total Sales
Buyer's Agent in 2024
laurie Phillips
BHHS Fox & Roach
(215) 432-4247
5 in this area
65 Total Sales
Source: Bright MLS
MLS Number: PAPH2312336
APN: 888501228