802/500 Walnut Street

Off Market

802/500 Walnut Street

Philadelphia PA 19106

3200 sq. ft.

Condo

Last sold for $3,825,000

Mary Genovese Colvin, last sold this property on 22 July 2024 after 887 days on market.

Overview

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.

Features

3 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

3200 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Philadelphia over the last 12 months, the estimated median property value of 802/500 Walnut Street is $1.2m.

Median value

$1.2m

Estimated value range

$528k - $5.53m

Median days on market

Estimated value trend

63%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 802/500 Walnut Street

2024

Sold

$3,825,000

22 Jul 2024 by Mary Genovese Colvin, of Compass Pennsylvania, LLC

Happy sellers in Philadelphia

We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 3 bedroom condos in Philadelphia

In the last 12 months, 21 three-bedroom condos similar to 802/500 Walnut Street, have been sold.

This represents a 34% increase in three-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Philadelphia for a market analysis.

Reid Rosenthal

at BHHS FOX & ROACH REALTORS

(50 reviews)

Get a market analysis

Jody Allen

at Coldwell Banker Realty

(21 reviews)

Get a market analysis

Jennifer Grosskopf

at Keller Williams Philadelphia

(3 reviews)

Get a market analysis

Claudia McGill

at Compass Pennsylvania, LLC

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Philadelphia

Reid Rosenthal

Sellers who recommend Reid Rosenthal have praised them for being local expert, responsive, well-prepared, strategic, supportive, clear communication, and great negotiation