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421 Chestnut Street #301, Philadelphia, PA 19106
$1,525,000
421 Chestnut Street #301, Philadelphia, PA 19106View this property at 421 Chestnut Street #301, Philadelphia, PA 19106
421 Chestnut Street #301PhiladelphiaPA19106
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Property Description
Incredibly rare opportunity to own a unique residence in one of Philadelphia's most historic buildings. This is the first time this unit will be for sale since the original owner bought the raw space in 2012. This 3100+ sf unit in the 1854 Bank Building houses two bedrooms and a large den which can easily be used as a third bedroom. Dramatic features like the soaring, vaulted brick ceilings and enormous windows set this home apart. Each of the 17 units in the building was individually designed by the original buyer, so no two are the same. This owner chose elegant finishes and fixtures and designed a floor plan perfect for entertaining but with privacy for the bedrooms. There are clever hidden storage cabinets, terrific closet space and other thoughtful details. The generous living room easily accommodates large gatherings, with the gas fireplace as a focal point. The adjacent room, with four frosted glass sliding doors, can be used as part of the entertaining area or screened off for privacy and used as a bedroom. The dining area is also perfect for a crowd. The kitchen island offers bar seating and there is a cozy built-in curved banquette perfect for breakfast or a cup of coffee. The kitchen features top-of-the-line appliances including Wolf oven, stove and microwave, Miele and Fisher& Paykel dishwashers and Subzero refrigerator and freezer. Granite counters, under-cabinet lighting and well-designed storage make this kitchen extremely functional as well as beautiful. If, though, you'd like to make it less visible, just hit the remote control for the screen that comes down and forms a curtain wall. The laundry room is conveniently located right off the kitchen and also provides pantry space. The owner's bedroom includes two large closets with custom closet systems. The bathroom does not disappoint with mirrored medicine cabinets, two sink areas, large glass-enclosed shower and separate water closet. There is even a small office tucked into the corner of the bedroom for complete privacy. Returning to the entrance hall, you will find a luxurious powder room. Across this gracious space is a short corridor which leads to the full bath and the second bedroom. This room is currently outfitted with a "Zoom-Room" bed which completely disappears, allowing the room to double as a very large office with incredible built-ins. The view across the street to the Portrait Gallery (originally the 2nd National Bank) and Independence Square reminds you that you are in the heart of historic Philadelphia. The Bank Building is within walking distance to Independence Hall, the Constitution Center and popular eateries including Buddakan, Fork, Morimoto and the Bourse Building's food hall. This secure building is staffed with a doorman Monday through Saturday, during the day. The condo fee includes gas and water, as well as use of the adjacent Renaissance Hotel's fitness center and spa, pool and business center. Parking (including valet) is available for a monthly fee around the corner in the Bourse garage. Be sure to watch the interactive video tour.
Full Property Details
Full Property Details for 421 Chestnut St #301
General
- Sold For: $1,525,000
- Taxes: $15,912 (2021)
- Status: Closed
- Type: Condo
- MLS ID: PAPH2042924
- Added to Site: 833 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 3
- Main - Full Baths: 2
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Common Grounds, Concierge, Elevator, Extra Storage, Fitness Center, Pool - Indoor, Security
- Shared Pool: Yes
- Pool: Yes
Parking
- Parking Type: None
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: None Available
- Subdivision: None Available
- Building Name: BANK BUILDING
- Driving Directions: Chestnut beteween 4th and 5th.
School Information
- School District: The School District Of Philadelphia
Community
- Assoc. Fees Include: Common Area Maintenance, All Ground Fee, Ext Bldg Maint, Health Club, Reserve Funds, Snow Removal, Pool(s), Gas, Water
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Beaux Arts
- Architectural Style: Beaux Arts
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Masonry
- Entry Floor Number: 3
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 3,148
- Sq. Ft. Source: Assessor
- Living Area: 3,148 Sq. Ft.
- Finished Above Grnd: 3,148 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: CMX4
Financial Considerations
- Price Per Sq. Ft.: $595.62
- Other Fee: $500
- Other Fee Freq.: One Time
- Assessment Year: 2021
- School Tax: $8,731
- City/TownTax: $7,181
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,136,700
- Tax Amount: $15,912
- Tax Year: 2021
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3148
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Exclusions: Two pendant lights above dining room table
- Lot Number: 258
Listed and Sold by Compass RE, Jennifer C Lebow
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Schools
Schools serving 421 Chestnut St #301
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
325 S 7th St, Philadelphia, PA 19106 | K-8 | 0.4 mi | |
550 N Broad St, Philadelphia, PA 19130 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 421 Chestnut St #301
Date
Details
Price
Change
Source
3/30/2022
Sold
$1,525,000
-18.67%
MLS
1/14/2022
Listed
$1,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
421 Chestnut Street #301, Philadelphia, PA 19106 (MLS# PAPH2042924) is a Condo property that was sold at $1,525,000 on March 30, 2022. Want to learn more about 421 Chestnut Street #301? Do you have questions about finding other Condo real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.