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Property Description
World-class luxury meets the nationâs most historic backdrop. Behold, the entire sixteenth floor of 500 Walnut, the first resale of a highly coveted upper floor. Philadelphiaâs most prestigious luxury address has rewritten the standards for the ultra-luxury buyer with breathtaking panoramas and amenities exceeding the finest global standards.The 4300 square foot unit, purchased as raw/unfinished space, has undergone complete renovation with impeccable luxury craftsmanship at every finish. The chic, sophisticated, tailored layout is framed by floor to ceiling views of the Philadelphia skyline. Dressed in mineral tones, it is both striking and serene. The design unites gorgeous hardwood floors, glorious light, high tray ceilings, custom molding, a gas fireplace, recessed lighting and exposure on all sides. Two dramatic and sun drenched terraces allow you to embrace the vibrant city in utter privacy. A custom Downsview kitchen is grounded by a large seated soapstone island. Wolf and Sub Zero appliances ring the perimeter of the kitchen while a breakfast bar with Miele coffee maker opens to a gorgeous dining space. Through a pocket door find a study with extensive built-ins. Down a private hallway, double doors open to an expansive primary suite. The bedroom proper has a seating area, beverage and coffee bar with refrigeration and sliding doors to terrace. Eastern and southern exposures provide sunlit space all day, but Lutron touch controlled shades throughout the home close for privacy and sleep. The primary bath, with radiantly heated floors, a deep under window soaking tub, large seated steam shower with rain and body sprays, wash-stand height vanities presents like a four star retreat. Two additional large bedrooms feature dramatic floor to ceiling windows and south, west and east facing views. Both have immaculate, full tile ensuite bathrooms. The open and airy space is dominated by stunning panorama at every turn. A large laundry suite and mudroom with wall mounted organizational /storage system make this space âHome Editâ functional and easily customizable. All of this situated in Philadelphiaâs beloved Society Hill neighborhood surrounded by the cityâs most acclaimed restaurants, cafes and shops made all the more charming as you wind the cobblestones squares and narrow streets. A commuters dream with easy access to all major roadways and trains. The exclusive 34 residences are provided full accommodation with access to a 24 hr concierge, Mercedes town car with driver, guest suite, billiard room, board room, amenity and event space, lap pool with hot tub, fitness center, steam, sauna, and access to massage. A 4,000 square foot treetop terrace with fireplace, seating and expansive private garden overlooks Independence Hall. The dynamic, touchless parking system is the fastest valet in the city. There are 7 years remaining on the tax abatement.
Full Property Details
Full Property Details for 500 Walnut St #1600
General
- Sold For: $5,000,000
- Taxes: $7,508 (2023)
- Status: Closed
- Type: Condo
- Source: BrightMLSPhilly
- MLS ID: PAPH2181254
- Added to Site: 1, 231 day(s) ago
Interior
- Interior Features: Breakfast Area, Built-Ins, Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Soaking Tub, Walk-in Closet(s), Window Treatments, Wood Floors
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Main Floor Baths: 4
- Main - Full Baths: 3
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Pool - Indoor, Exercise Room, Fitness Center, Security
- Shared Pool: Yes
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Attached Garage
- Garage Description: Inside Access, Other, Garage - Side Entry
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Society Hill
- Subdivision: Society Hill
- Driving Directions: The entrance to 500 Walnut sits just south of Walnut on the West side of 5th Street.
School Information
- School District: The School District Of Philadelphia
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Sewer, Trash, Water
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Structure Type: Hi-Rise 9+ Floors
- Construction: Masonry
- Entry Floor Number: 16
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 4,300
- Sq. Ft. Source: Assessor
- Living Area: 4,300 Sq. Ft.
- Finished Above Grnd: 4,300 Sq. Ft.
- Year Built: 2017
- Year Built Source: Assessor
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: CMX4
Financial Considerations
- Price Per Sq. Ft.: $1,626.74
- Assessment Year: 2023
- School Tax: $4,120
- City/TownTax: $3,388
- City/TownTax Freq: Annually
- Tax w/Assessment: $536,400
- Tax Amount: $7,508
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by Compass RE, Lavinia Smerconish and Compass RE, Sarah West
Sold by Allan Domb Real Estate, Allan Domb
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Schools
Schools serving 500 Walnut St #1600
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.2 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Walnut St #1600
Date
Details
Price
Change
Source
5/03/2023
Sold
$5,000,000
-28.52%
MLS
11/21/2022
Listed
$6,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Walnut Street #1600, Philadelphia, PA 19106 (MLS# PAPH2181254) is a Condo property that was sold at $5,000,000 on May 03, 2023. Want to learn more about 500 Walnut Street #1600? Do you have questions about finding other Condo real estate for sale in Society Hill? You can browse all Society Hill real estate or contact a Coldwell Banker agent to request more information.

