NOT LISTED FOR SALE

500 Walnut St Unit 901 Philadelphia, PA 19106

Society Hill Neighborhood

Estimated Value: $3,044,000 - $4,123,000

3 Beds
3.5 Baths
2,700 Sq Ft
$2,771/mo HOA Fee

Last Sold November 04, 2021

Last sale price $3,900,000 $1,444 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $22,523/month

41 Days on Market

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 2021

Residence 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.

Last Agent to Sell the Property

Bruno Pouget

Compass RE License #AB068095 Listed on: 09/01/2021

Compass RE

Co-Listed By

Brett Caspi

Compass RE License #RSR003269

Last Buyer's Agent

Bruno Pouget

Compass RE License #AB068095 Listed on: 09/01/2021

Compass RE

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,144

Year Built

Built in 2017

Lot Details

0

HOA Fees

$2,771 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 48"+ Halls, Chairlift, Doors - Swing In, Elevator, No Stairs, Mobility Improvements, Vehicle Transfer Area, Wheelchair Height Mailbox, Wheelchair Mod
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-02
  • Federal Flood Zone: No
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Remarks Public: Residence 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.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 9
  • Flooring Type: Ceramic Tile, Carpet
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Stone, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 2
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 1462.96
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Concrete
  • Spa Features: Indoor
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: Attendant, Concrete Driveway, Electric Vehicle Charging Station(s), Handicap Parking, Heated, Lighted Parking, On-Site - Sale, Paved Parking, Private, Secure Parking, Under Home Parking
  • Garage Features: Additional Storage Area, Basement Garage, Covered Parking, Garage - Front Entry, Inside Access, Oversized, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas, Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Desk In Lobby, Doorman, Electric Alarm, Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Monitored, Motion Detectors, Resident Manager, Security Gate, Security System, Smoke Detector, Sprinkler System - Indoor, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2771.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 500 Walnut Condominium
  • Condo Co-Op Phone: 215.922.0500
  • HOA Condo Co-Op Amenities: Answering Service, Bar/Lounge, Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Guest Suites, Hot Tub, Meeting Room, Party Room, Pool - Indoor, Reserved/Assigned Parking, Sauna, Security, Swimming Pool, Transportation Service
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Health Club, Insurance, Lawn Care Front, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Sauna, Security Gate, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 5542.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Middle School: GEN. GEORGE A. MCCALL SCHOOL
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Middle Or Junior School: GEN. GEORGE A. MCCALL SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Assessed Value: 224600.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CMX-4

Building Info

  • Builder Name: Scannapieco Development Corporation

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15731964
  • School Tax: 1725.00
  • Tax Annual Amount: 3144.00
  • Assessor Parcel Number: 888501230
  • Tax Lot: 765
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/04/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 27, 2021
Sold by
Clouse Mark A and Clouse Kathleen
Bought by
Shaman Properties Llc
Seller's Agent
Bruno Pouget
Compass RE
Buyer's Agent
Bruno Pouget
Compass RE
List Price
$3,950,000
Sold Price
$3,900,000
Premium/Discount to List
-$50,000
-1.27%
Current Estimated Value
$3,574,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$325,037
Avg. Annual Appreciation
-2.51%

Purchase Details

Listed on
Apr 11, 2018
Closed on
Apr 10, 2019
Sold by
500 Walnut Partners Lp
Bought by
Clouse Mark A and Clouse Kathleen
Seller's Agent
Lisa Yakulis
Kurfiss Sotheby's International Realty
Buyer's Agent
Sam Franklin
Keller Williams Main Line
List Price
$3,850,000
Sold Price
$3,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$3,080,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Shaman Properties Llc $3,900,000 Land Title
Clouse Mark A $3,850,000 None Available
Source: Public Records

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
Source: Public Records

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
Source: Bright MLS

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 $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
Source: Public Records

Agents Affiliated with this Home

  • Bruno Pouget

    Seller's Agent in 2021

    Bruno Pouget

    Compass RE

    (215) 990-9525

    4 in this area

    50 Total Sales

    Bruno Pouget
    Section Image
  • Brett Caspi

    Seller Co-Listing Agent in 2021

    Brett Caspi

    Compass RE

    (516) 633-6106

    3 in this area

    49 Total Sales

    Brett Caspi
    Section Image
  • Lisa Yakulis

    Seller's Agent in 2019

    Lisa Yakulis

    Kurfiss Sotheby's International Realty

    (610) 517-8445

    149 Total Sales

    Lisa Yakulis
    Section Image
  • Doug Pearson

    Seller Co-Listing Agent in 2019

    Doug Pearson

    Kurfiss Sotheby's International Realty

    (215) 696-6697

    1 in this area

    70 Total Sales

    Doug Pearson
    Section Image
  • Sam Franklin

    Buyer's Agent in 2019

    Sam Franklin

    Keller Williams Main Line

    (215) 313-1772

    39 Total Sales

    Sam Franklin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2016402

Bright MLS

APN: 888501230

Pennsylvania Philadelphia County Philadelphia 19106 Society Hill

500 Walnut St Unit 901, Philadelphia, PA

This home is located at 500 Walnut St Unit 901, Philadelphia, PA 19106 since 01 September 2021 and is currently estimated at $3,574,963, approximately $1,324 per square foot. This property was built in 2017. 500 Walnut St Unit 901 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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes