500 Walnut St, Unit 802

Philadelphia, PA 19106

$3,825,000
Last Sold Price
3
Beds
3,200 Sq. Ft.
$1,195 / Sq. Ft.
3,200
Sq. Ft.
$1,195
per Sq. Ft.
Closed 7/22/24
Closed 7/22/24

Description

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...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.

Listing Agents

  1. Mary Genovese Colvin

    Mary Genovese Colvin

    Listing Agent

    Compass

    mary.genovese@compass.com

    P: (215)-806-1500

    CallTextEmail
  2. Margaux Pelegrin

    Margaux Pelegrin

    Alternative Listing Agent

    Compass

    CallTextEmail

Property Details for 500 Walnut Street, Unit 802

Tax ID Number
888501228
Ownership
Fee Simple
Condo Coop Association
Yes
HOA
No
Entry Floor Number
8
Structure Type
Unit/Flat/Apartment
Style
Contemporary
Levels/Stories
1
LISTING UPDATED: 07/24/2024 04:40 PM

Property Details for 500 Walnut Street, Unit 802

StatusClosed
MLS #PAPH2312336
Days on Market156
Taxes$3,874 / year
HOA Fees-
Condo/Co-op Fees$3,472 / month
Compass TypeCondo
MLS TypeResidential / Fee Simple
Year Built2017
CountyPhiladelphia County

Location

Sold By BHHS Fox & Roach The Harper at Rittenhouse Square

Add your commute

Building Information for 500 Walnut Street, Unit 802

Building/Complex500 WalnutFloor-Stories3Residences34Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built2017

Payment Calculator

$22,696 per month

30 year fixed, 6.28% Interest

Principal and Interest

$18,901

Property Taxes

$323

HOA Dues

$3,472

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Walnut Street, Unit 802

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19106 (19106)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Electricity, Gas, Health Club, Insurance, Management, Snow Removal, Water
  • HOA Condo Coop Amenities: Community Center, Concierge, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Other, Pool - Indoor
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $276,800
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $1,748
  • Land Assessed Value: $276,800
  • Clean Green Assessed: No
  • Land Use Code: 590
  • Zoning: CMX4
  • Tax Lot: 76
  • School Tax: $2,126
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Case by Case Basis
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 4
  • # Bathrooms Full Main Level: 3
  • # Bathrooms Half Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 3,200.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 15731963
Parking
Parking
  • Type Of Parking: Parking Garage
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Attendant, Electric Vehicle Charging Station(s), Secure Parking
  • Garage Features: Covered Parking, Inside Access, Underground
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Gas/Propane
  • Accessibility Features: Elevator
Exterior Features
Exterior Features
  • Outdoor Living Structures: Terrace
  • Pool: Yes - Community
  • Community Pool Features: Indoor, Lap/Exercise
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.onthesquarerealestate.com

Property History for 500 Walnut Street, Unit 802

DateEvent & SourcePriceAppreciation
Jul 22, 2024

Closed

BRIGHT #PAPH2312336

$3,825,000—
Jul 17, 2024

Closed (Public Record)

Public Record #1539198633

$3,825,000

-0.7% / yr

Jun 20, 2024

Pending

BRIGHT #PAPH2312336

—
Jan 17, 2024

Listed (Active)

BRIGHT #PAPH2312336

$4,350,000—
Jan 9, 2024

Expired

BRIGHT #PAPH2191830

—
Feb 27, 2023

Withdrawn

BRIGHT #PAPH2191830

—
Feb 16, 2023

Expired

BRIGHT #PAPH2084382

—
Jan 9, 2023

Listed (Active)

BRIGHT #PAPH2191830

$4,490,000—
Nov 28, 2022

Withdrawn

BRIGHT #PAPH2084382

—
Jul 18, 2022

Price Change

BRIGHT #PAPH2084382

$4,995,000—
Mar 25, 2022

Price Change

BRIGHT #PAPH2084382

$5,199,000—
Feb 16, 2022

Listed (Active)

BRIGHT #PAPH2084382

$5,350,000—
Jun 30, 2021

Expired

BRIGHT #PAPH913142

—
Dec 1, 2020

Temp Off Market

BRIGHT #PAPH913142

—
Jul 17, 2020

Listed (Active)

BRIGHT #PAPH913142

$5,200,000—
Dec 27, 2017

Closed (Public Record)

Public Record #613698662

$3,998,630—
DateEvent & SourcePrice
07/22/2024

Closed

BRIGHT #PAPH2312336

$3,825,000
07/17/2024

Closed (Public Record)

Public Record #1539198633

$3,825,000

-0.7% / yr

06/20/2024

Pending

BRIGHT #PAPH2312336

—
01/17/2024

Listed (Active)

BRIGHT #PAPH2312336

$4,350,000
01/09/2024

Expired

BRIGHT #PAPH2191830

—
02/27/2023

Withdrawn

BRIGHT #PAPH2191830

—
02/16/2023

Expired

BRIGHT #PAPH2084382

—
01/09/2023

Listed (Active)

BRIGHT #PAPH2191830

$4,490,000
11/28/2022

Withdrawn

BRIGHT #PAPH2084382

—
07/18/2022

Price Change

BRIGHT #PAPH2084382

$4,995,000
03/25/2022

Price Change

BRIGHT #PAPH2084382

$5,199,000
02/16/2022

Listed (Active)

BRIGHT #PAPH2084382

$5,350,000
06/30/2021

Expired

BRIGHT #PAPH913142

—
12/01/2020

Temp Off Market

BRIGHT #PAPH913142

—
07/17/2020

Listed (Active)

BRIGHT #PAPH913142

$5,200,000
12/27/2017

Closed (Public Record)

Public Record #613698662

$3,998,630

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Walnut Street, Unit 802

Taxable ValueLand-Additions-Total-
Tax Record2025$4,029 ($336 / month)
Home Facts
Beds3Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories1Lot Size43,560 SqFtStyleCondominiumYear Built2017ZoningCMX4CountyPHILADELPHIAAPN88-8-5012-28

Schools near 500 Walnut Street, Unit 802

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
McCall Gen George A School
Public - K to 8
Franklin Benjamin High School
Public - 9 to 12
Widener Memorial School
Public - K to 12
Middle Years Alternative School
Public - 6 to 8
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.