$3,850,000
SOLD APR 18, 2019
3 Beds
3.5 Baths
2,700 Sq Ft
0.42 Acres

Recently Sold

$1,426 Per Sq Ft

322 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to 5Th Street
  • Wood Flooring
  • Clubhouse
  • Contemporary Architecture
  • 2-minute walk to Washington Square

About This Home

As of November 2021

"Philadelphia's New Crown Jewel". 500 Walnut re-defines World Class Luxury Living with 35 private, fully customizable residences, centrally located along the Boston/ New York/ Philadelphia/ Washington DC corridor, just minutes from high speed trains and Philadelphia International Airport. Only 10 opportunities remain offering 2700-4300 square foot floorplans, high speed priority elevators opening up to your private foyer or floor, superior construction, sophisticated interior finishes and materials, high ceilings, balconies, floor to ceiling windows with sweeping exposures of Independence Hall, surrounding parks, water, the historic skyline and all that this fabulous city has to offer right at your doorstep. Exclusive features of this state of the art Scannapieco building include a fully automated 2 story underground parking system with induction charging for electric cars, full Concierge service, Elegant Lobby and private Garden, Doorman, Tesla Town car service with driver, stunning Guest Suite, Amenities Floor with Lap Pool, Spa, Entertaining and Meeting spaces and a breathtaking 400 square foot terrace overlooking Independence Hall and the surrounding Park. Perfectly located in the prestigious Society Hill neighborhood, this stunning trophy Tower is within close walking distance to fabulous restaurants, sophisticated shops, diverse design boutiques, incredible music and theater venues and historic treasures. Enjoy a lifestyle of complete privacy, comfort and convenience. Quick settlement/move in possible!

Last Agent to Sell the Property

Lisa Yakulis

Kurfiss Sotheby's International Realty Listed on: 04/11/2018

Kurfiss Sotheby's International Realty

Co-Listed By

Doug Pearson

Kurfiss Sotheby's International Realty

Last Buyer's Agent

Sam Franklin

Keller Williams Main Line

Keller Williams Main Line

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 2017 | Newly Remodeled

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Stone Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 765
  • Assessor Parcel Number 888501230

Community Details

Overview

  • No Home Owners Association
  • Association fees include pool(s), common area maintenance, exterior building maintenance, snow removal, trash, water, sewer, insurance, health club, management
  • High-Rise Condominium
  • Built by SCANNAPIECO
  • 500 Walnut Community
  • Society Hill Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,270

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Split Level
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2017
  • Remarks Public: "Philadelphia's New Crown Jewel". 500 Walnut re-defines World Class Luxury Living with 35 private, fully customizable residences, centrally located along the Boston/ New York/ Philadelphia/ Washington DC corridor, just minutes from high speed trains and Philadelphia International Airport. Only 10 opportunities remain offering 2700-4300 square foot floorplans, high speed priority elevators opening up to your private foyer or floor, superior construction, sophisticated interior finishes and materials, high ceilings, balconies, floor to ceiling windows with sweeping exposures of Independence Hall, surrounding parks, water, the historic skyline and all that this fabulous city has to offer right at your doorstep. Exclusive features of this state of the art Scannapieco building include a fully automated 2 story underground parking system with induction charging for electric cars, full Concierge service, Elegant Lobby and private Garden, Doorman, Tesla Town car service with driver, stunning Guest Suite, Amenities Floor with Lap Pool, Spa, Entertaining and Meeting spaces and a breathtaking 400 square foot terrace overlooking Independence Hall and the surrounding Park. Perfectly located in the prestigious Society Hill neighborhood, this stunning trophy Tower is within close walking distance to fabulous restaurants, sophisticated shops, diverse design boutiques, incredible music and theater venues and historic treasures. Enjoy a lifestyle of complete privacy, comfort and convenience. Quick settlement/move in possible!
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Island, Elevator
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Floors In Unit Count: 9
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Net Sq Ft: 2700.00
  • Price Per Sq Ft: 1425.93
  • 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
  • Construction Materials: Stone
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water, Sewer, Insurance, Health Club, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RES

Building Info

  • Builder Name: SCANNAPIECO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15731964
  • Assessor Parcel Number: 888501230
  • Tax Lot: 765
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/18/2019

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
-2.49%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,900,000 Land Title
Deed $3,850,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,080,000 New Conventional
Previous Owner $3,080,000 Adjustable Rate Mortgage/ARM
Previous Owner $18,000,000 Future Advance Clause Open End Mortgage
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

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Map

Source: Bright MLS

MLS Number: 1000381170

Bright MLS

APN: 888501230