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Sold for $379,000 on 03/24/23
  • $379,000

    1027 Arch St APT 503, Philadelphia, PA 19107

    2beds
    1,300sqft
    Condominium
    Built in 1900
    -- sqft lot
    $390,100 Zestimate®
    $292/sqft
    $2,904 Estimated rent

    Home value

    $390,100

    $363,000 - $417,000

    $2,904/mo

    Zestimate® history
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    What's special

    Wait until you see the views from this contemporary 5th floor bi-level loft! You'll be located in the historic Pitcairn Building in a dynamic area of Center City's Chinatown with 16’ ceilings and enormous windows which perfectly frame a western view. Enjoy eternal views of City Hall and iconic Philly's skyline, as well as impressive sunsets without obstruction. Main level features a large, open living/dining/kitchen area with gorgeous hardwood throughout. Contemporary onyx-style granite and stainless appliances are arranged in a custom layout with a large work island for additional storage and seating- the perfect configuration for an ambitious chef without dominating the space. A custom sliding door permits flexible use of a bedroom/den space: either an enclosed private bedroom, or an open home office/den area. The updated hall bath also features ensuite access to the bedroom. A separate laundry room with newer washer/dryer plus a large storage space. A minimalist/industrial steel staircase extends to a serene lofted bedroom suite, framed by exposed beams, beautiful hardwood, steel railings, and two built-in closets. Ensuite bath featuring tiled tub/shower combo and an enormous walk-in utility space for storage (suitable for walk-in closet organizer build-out as other owners have done). This condo residence has many upgrades and unique features. Custom shades are installed on each 10’ window. There is excellent storage space inside the unit; additional storage available for lease by association subject to availability. The building is well-situated at the crossroads of convenience and style in a vibrant Center City location. Farm fresh produce from Reading Terminal Market, Mom's Organic, and Trader Joe’s. Explore award-winning restaurants and authentic cuisine from around the world- no passport required. Intriguing entertainment options including concert venues, movie theater, major cultural attractions, nightlife, and everything Philly can offer. World-class shopping at your doorstep in the upscale Fashion District and major department stores... plus surrounding boutique shopping opportunities abound. Fantastic public transit access: Regional rail to the airport and 'burbs via Septa's Jefferson Station and MFL station are 1 block away at 11th & Market. Similarly, the bus terminal to NYC and other destinations is just around the corner. WalkScore of 99, TransitScore of 100! The 1027 Arch Lofts building is universally accessible with ramps and elevators. The building is pet-friendly. Secure mail room for package delivery. Secure bike room for your precious wheels. This remains a dream location for faculty, staff, and medical residents- Just 3 blocks to Thomas Jefferson University/Hospital! In-Person and Virtual Tours available, please inquire. NOTE: Important listing update (Jan 6, 2023)... With acceptable offer seller will pay the special assessment recently approved by condo board for façade improvements at 1027 Arch plus window restoration throughout the building, including those in Residence 503. Additionally this will cover maintenance for common elements of the building's roof and HVAC that assure smooth operation, efficiency and comfort. The benefits to the new owner are substantial and not to be minimized, including significantly lower risk of deferred maintenance assessments in the near future for issues such as these together with practical enjoyment of new windows (appearance, function/operation, lead abatement). The buyer will likely realize gains in energy efficiency as well as a result of this work. All of this is a lot to say that a great opportunity just got better! Please be in touch if we can answer any questions about exciting new development. Thanks for your interest!

    Zillow last checked: 8 hours ago

    Listing updated: March 28, 2023 at 04:38am

    Listed by:

    Kevin McGillicuddy 267-968-5577,

    BHHS Fox & Roach-Center City Walnut,

    Listing Team: Kevin Mcgillicuddy Team

    Bought with:

    Jeffrey Wright, RS334164

    BHHS Fox & Roach At the Harper, Rittenhouse Square

    Source: Bright MLS,MLS#: PAPH2153152MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Central, Other
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Stainless Steel Appliance(s), Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Ice Maker, Refrigerator, Washer, Water Heater
    • Laundry: Dryer In Unit, Has Laundry, Main Level, Washer In Unit, In Unit
    Features
    • Flooring: Wood, Tile/Brick
    • Windows: Screens, Wood Frames
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,300
    • Total interior livable area: 1,300 sqft
    • Finished area above ground: 1,300
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Doors - Lever Handle(s), Accessible Approach with Ramp
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Sidewalks
    • Pool features: None
    • Has view: Yes
    • View description: City
    Lot
    • Features: Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 888030540
    • Zoning: CMX4
    • Special conditions: Standard
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Loft
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Masonry
    Condition
    • Good
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Chinatown
    • Municipality: PHILADELPHIA

    HOA & financial

    Other fees
    • Condo and coop fee: $526 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/24/2023Sold$379,000-1.3%$292/sqft
    Source: Bright MLS #PAPH2153152
    2/20/2023Pending sale$384,000$295/sqft
    Source: Bright MLS #PAPH2153152
    1/24/2023Price change$384,000-1.3%$295/sqft
    Source: Bright MLS #PAPH2153152
    11/15/2022Price change$389,000-1.3%$299/sqft
    Source: Bright MLS #PAPH2153152
    10/4/2022Price change$394,000-1.3%$303/sqft
    Source: Bright MLS #PAPH2153152

    Public tax history

    YearProperty taxesTax assessment
    2025$5,371 +6%$383,700 +6%
    2024$5,067 $362,000
    2023$5,067 +8%$362,000

    Find assessor info on the county website

    Neighborhood: Chinatown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $390,100
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    $397,902