
500 Walnut St Unit 901 Philadelphia, PA 19106
Society Hill NeighborhoodEstimated Value: $2,988,000 - $4,134,000
Highlights
- Concierge
- 4-minute walk to 5Th Street
- 24-Hour Security
- Bar or Lounge
- Fitness Center
- 2-minute walk to Washington Square
About This Home
As of November 2021Residence 901 is a stunning 3-bedroom, 3.5-bathroom home in iconic 500 Walnut. Designed by renowned architect Cecil Baker, this distinctive building is a rare boutique and luxurious condominium, situated in Society Hill just off Washington Square.
Enter this bright, airy space through a gracious gallery with 10’ ceilings that lead directly to the open living and dining area with floor-to-ceiling windows and south-facing open exposures. A feature wall divides the rooms with a gas-burning fireplace, built-in television, and art gallery with custom lighting.
The kitchen, masterfully designed by Joanne Hudson features Quartzite countertops, under cabinet lighting, top-of-the-line appliances including a Sub-Zero refrigerator, a Wolf oven, microwave and stovetop, an Asko dishwasher as well as a beverage station with wine storage and two drink drawers. A pantry with glass pocket doors and thoughtfully designed storage space is just off the kitchen.
The primary suite is complete with a south-facing balcony and lavish walk-in closet, wine fridge, and coffee station. The bathroom includes a double vanity marble sink, oversized shower with a waterfall showerhead, and radiant heat floors. The 2nd bedroom is generous in size with plenty of closet space and its own en-suite bath. The 3rd bedroom, which is currently used as a den and home office is off the living area with large pocket doors and a view overlooking Independence Park. Additional features include a large laundry room with plenty of storage space, Lutron motorized window shades, LED lighting, audio speaker system, and Porcelain floors and custom carpeting throughout. A storage room and one car deeded parking space included in the sale. Additional space is an added cost.
500 Walnut is a doorman building with a fully automated parking system, a pool, fitness center, massage rooms with steam and sauna, an entertainment area with an outdoor fireplace, golf simulator and billiards area, board room, pet spa, on-site daily chauffeur, and guest suite. With approximately 8 years remaining on the tax abatement and a second parking pace at an additional cost.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,144
Year Built
- Built in 2017
Lot Details
- East Facing Home
- Property is in excellent condition
HOA Fees
- $2,771 Monthly HOA Fees
Parking
- Handicap Parking
- 2 Assigned Subterranean Spaces
- Basement Garage
- Oversized Parking
- Electric Vehicle Home Charger
- Parking Storage or Cabinetry
- Heated Garage
- Lighted Parking
- Front Facing Garage
- On-Site Parking for Sale
- Parking Attendant
- Secure Parking
Home Design
- Contemporary Architecture
- Masonry
Interior Spaces
- 2,700 Sq Ft Home
- Property has 1 Level
- Fireplace With Glass Doors
- Stone Fireplace
- Gas Fireplace
- Finished Basement
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Home Security
- Monitored
- Security Gate
- Intercom
- Exterior Cameras
- Motion Detectors
Accessible Home Design
- Accessible Elevator Installed
- Halls are 48 inches wide or more
- Wheelchair Height Mailbox
- Mobility Improvements
- Modifications for wheelchair accessibility
- Chairlift
- Doors swing in
- No Interior Steps
- Vehicle Transfer Area
Pool
- Spa
Schools
- Gen. George A. Mccall Middle School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- 200+ Amp Service
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 765
- Assessor Parcel Number 888501230
Community Details
Overview
- $5,542 Capital Contribution Fee
- Association fees include alarm system, common area maintenance, custodial services maintenance, exterior building maintenance, health club, insurance, lawn care front, lawn maintenance, management, parking fee, pool(s), recreation facility, reserve funds, sauna, security gate, snow removal, trash
- High-Rise Condominium
- 500 Walnut Condominium Condos, Phone Number (215) 922-0500
- Built by Scannapieco Development Corporation
- 500 Walnut Community
- Washington Sq Subdivision
- Property Manager
Amenities
- Concierge
- Doorman
- Transportation Service
- Answering Service
- Common Area
- Sauna
- Community Center
- Meeting Room
- Party Room
- Bar or Lounge
- Guest Suites
- 2 Elevators
- Community Storage Space
Recreation
- Fitness Center
- Community Indoor Pool
- Community Spa
Pet Policy
- Pets allowed on a case-by-case basis
Security
- 24-Hour Security
- Front Desk in Lobby
- Resident Manager or Management On Site
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Philadelphia, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Shaman Properties Llc | $3,900,000 | Land Title | |
Clouse Mark A | $3,850,000 | None Available |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Cliuse Mark A | $3,080,000 | |
Previous Owner | Clouse Mark A | $3,080,000 | |
Previous Owner | 500 Walnut Partners Lp | $18,000,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/04/2021 11/04/21 | Sold | $3,900,000 | -1.3% | $1,444 / Sq Ft |
10/12/2021 10/12/21 | Pending | -- | -- | -- |
09/01/2021 09/01/21 | For Sale | $3,950,000 | +2.6% | $1,463 / Sq Ft |
04/18/2019 04/18/19 | Sold | $3,850,000 | 0.0% | $1,426 / Sq Ft |
01/08/2019 01/08/19 | For Sale | $3,850,000 | 0.0% | $1,426 / Sq Ft |
07/19/2018 07/19/18 | Off Market | $3,850,000 | -- | -- |
04/11/2018 04/11/18 | For Sale | $3,850,000 | -- | $1,426 / Sq Ft |
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 | $3,270 | $3,037,100 | $242,900 | $2,794,200 |
2024 | $3,270 | $3,037,100 | $242,900 | $2,794,200 |
2023 | $3,270 | $2,920,300 | $233,600 | $2,686,700 |
2022 | $3,097 | $233,600 | $233,600 | $0 |
2021 | $3,144 | $0 | $0 | $0 |
2020 | $3,144 | $0 | $0 | $0 |
2019 | $3,024 | $0 | $0 | $0 |
2018 | $31,999 | $0 | $0 | $0 |
2017 | -- | $0 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2021
Bruno Pouget
Compass RE
(215) 990-9525
4 in this area
50 Total Sales
-
Seller Co-Listing Agent in 2021
Brett Caspi
Compass RE
(516) 633-6106
3 in this area
50 Total Sales
-
Seller's Agent in 2019
Lisa Yakulis
Kurfiss Sotheby's International Realty
(610) 517-8445
149 Total Sales
-
Seller Co-Listing Agent in 2019
Doug Pearson
Kurfiss Sotheby's International Realty
(215) 696-6697
1 in this area
67 Total Sales
-
Buyer's Agent in 2019
Sam Franklin
Keller Williams Main Line
(215) 313-1772
37 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2016402

APN: 888501230
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