Price Reduction - Waterfront
Listed By:
BHHS Fox & Roach The Harper at Rittenhouse Square
Address
121 Walnut Street # 502, Philadelphia, PA
Price
$ 836,000
Property Attributes
  • MLS#PAPH2319438
  • TypeCondos
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19106
  • NeighborhoodSociety Hill
  • Zip19106
  • StyleUnit/Flat
  • Year Built2005
  • Taxes$ 8964
  • Price$ 836,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1713
Data Source:
Bright MLS
Property Description

Impeccable condominium living awaits in this prime Society Hill location, boasting coveted outdoor space and the convenience of onsite parking for one car. Nestled within a charming boutique doorman building at the crossroads of Society Hill and Olde City, two of Philadelphia's most storied neighborhoods, this residence offers an unparalleled living experience. Adding to its allure, The Moravian is steps away from some of the city's best restaurants, such as Zahav, Positano Coast, Fork, and many more.Construction has commenced on The Park at Penn's Landing, just two blocks away. This 11.5-acre park and civic space, located between Chestnut Street and Walnut Street, from Front Street to the river, will connect the city to the waterfront. Anticipated to be completed with approximately $220 million in improvements, the new park will include a skating rink, water features, a caf, and a variety of other active and passive uses.This exceptional condominium gazes out over Welcome Park, sharing the floor with only two other apartments, ensuring a sense of exclusivity and tranquility. Stepping into the foyer, you are welcomed into a sprawling, light-filled living space, seamlessly blending the living room, dining area, and kitchen into a harmonious whole, with the perfect balance of delineation and openness. The two bedroom on opposite wings of the condo is the Perfect floorplan for privacy. High floor with marvelous light. Warmth and sophistication abound, with features such as a gas fireplace and a delightful window seat overlooking the park, a favored spot for relaxation. Hardwood floors, elegant moldings, and recessed lighting further enhance the ambiance. The gourmet kitchen is a chef's delight, boasting solid wood cabinets, luxurious marble countertops and backsplash, and an inviting island with seating for three. Equipped with top-of-the-line appliances, including gas cooking, a Jenn-Air refrigerator, and a Fisher Paykel two-drawer dishwasher, it is as functional as it is stylish.The spacious primary bedroom beckons with its own French balcony and double walk-in closets complete with custom built-ins. The adjoining primary bath offers a lavish retreat, featuring a large marble shower and double vanity adorned with a marble countertop. A versatile second bedroom, currently utilized as a den, provides flexibility and additional storage with built-in bookshelves and a wall of closets. An adjacent full bathroom, boasting a jacuzzi tub and onyx countertop, serves both guests and residents with ease, accessible from the foyer for added convenience.Storage is ample throughout the residence, with a hallway double coat closet, a large storage closet for dining essentials, storage under the window seat, a utility room, and a laundry closet ensuring all needs are met. Completing this offering is the inclusion of one assigned underground parking space, positioned for an effortless lifestyle.With a stellar WalkScore of 98, this home epitomizes convenience, offering peaceful surroundings while being mere blocks away from the city's finest restaurants, coffee shops, Penn's Landing, and the picturesque Delaware River waterfront with its scenic running trails. Proximity to major highways and numerous SEPTA routes further enhances accessibility, making this residence an exceptional value proposition for discerning buyers seeking both luxury and practicality.

Price History
2/8/2024 Listed $950,000
3/2/2024 3% - $924,900
3/11/2024 3% - $899,900
4/29/2024 6% - $850,000
5/14/2024 2% - $836,000

General Features

Interior Features Crown Moldings,Dining Area,Floor Plan - Open,Pantry,Recessed Lighting,Stall Shower,Tub Shower,Wood Floors
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate,Negotiable
Appliances Built-In Microwave,Dishwasher,Dryer,Freezer,Range Hood,Refrigerator,Six Burner Stove,Stainless Steel Appliances,Oven - Single,Washer
Exterior Features Street Lights
Zoning CMX3
Garage Spaces 1.00
Association Fee Includes Common Area Maintenance,Ext Bldg Maint,Insurance,Snow Removal,Trash,Management
Patio/Porch Features Balcony
Architectural Style Unit/Flat
Construction Materials Masonry
Exclusions Owners Personal Property.
Year Built 2005
Levels 1
Other Fees 321.34
Unit Number 502
Tax Year 2022
Percent Ownership Condominium
Cool Fuel Electric
Building Name MORAVIAN
Accessibility Elevator
HOA Fee 2 1086.47
County PHILADELPHIA
New Construction No
Property Type Residential
Association Amenities Concierge,Elevator
HOA / Comm Assn No
Subdivision Name SOCIETY HILL
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Walnut St between S Front St & S 2nd St
ModificationTimestamp 2024-05-13T19:54:16
City PHILADELPHIA
Buyer Agent Compensation 2.5
Other Fees Frequency Monthly
Senior Community Y/N No
MLS Area 19106 (19106)
Tax Assessed Value 640400.0
Waterfront Y/N No
Street Name WALNUT
HOA Fee 2 Frequency Monthly
Tax Annual Amount 8964.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Yes
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft 488.03
Acceptable Financing Negotiable
Lease Considered Y/N No
Vacation Rental Y/N No
Total SQFT 1713
Days on Market 96
AssociationName2 The Moravian
Standard Status Active
Year Built Source Assessor
Tax Lot 1S14
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Natural Gas
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 1713
Full Baths 2
Street Suffix STREET
Central Air Y/N Yes
Total Bedrooms 2
Entry Level 5
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Dryer In Unit,Washer In Unit
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Pool No Pool
Water Source Public
Inclusions Washer,Dryer,Refrigerator,all TV's and wall coverings
Total Parking Spaces 1
Garage Features Covered Parking
Type of Parking Parking Garage
Land Use Code 590
Spa No
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Horse Y/N No
Land Assessed Value 89600.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Parking Garage - # of Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 19106

Price
AVG $1.2M
$840K
Taxes
AVG $7,153
$8,964
Visits
AVG 297
400
Data Provided by Inside Real Estate®
Year Built
AVG 1946
2005

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