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$1,795,000

Beds
3
Baths
2.5
sq ft
3,068

421 Chestnut St Unit 401, Philadelphia, PA 19106

421 Chestnut St Unit 401

PHILADELPHIA, PA 19106

  • 20 days on market
Set prominently amongst the historic sites and parks of Independence Hall, The Bank Building stands as a symbol of Philadelphia's rich heritage and an opulent example of fine architecture. This 7 year young, 3 bed 2.5 bath, located in Old City-Society Hill the residence is a sophisticated neoclassical masterpiece with soaring 11ft+ ceilings, spectacular views from every window, overlooking gardens, and dazzling architectural feats with a coveted southern exposure.. Offering a lifestyle of luxury, elegance, and ease, in a prime location, with hotel amenities at your beck and call. A unique benefit for residents of 421 Chestnut St is access to the adjoining Renaissance Hotel's available amenities, including room service, housekeeping, pool, fitness center, discounted pricing on hotel stays and dining, and, for a fee, parking in the Bourse Garage with available valet. This full renovation was painstakingly completed in 2017, designed and created by renowned architect, John Milner, masterfully executed by a long list of master artisans, it will dazzle you from the walls adorned with intricate millwork to the gilded crown moldings, and venetian plaster applications. Step inside the entrance hall, and feel transported to Rome, inspired and designed after the grandeur of Italy's finest example of neoclassical architecture, The custom crafted solid double front doors open to reveal the white Carrara and Bardiglio marble floors, and your eye is instantly drawn to the coffered ceiling with Venetian plaster application, a masterpiece of art and design, that takes one's breath away. This south-facing unit, has multiple large sun-filled windows that are also soundproof and functionally open for fresh air while offering views overlooking the iconic Second National Bank building, green space, and beyond to the city horizon line. From the grand entry hall, there are arched doorways and beautiful hand crafted doors with artistic hardware on each that open to various rooms and halls. The great room, kitchen, powder room, and laundry are found on one side of the unit, on the other side, three bedrooms and two baths, each created with elegance. The great room has eye-catching details such as oak floors with an adorning pattern fashioned after the Palace of Versailles, and a custom mantel on the fireplace with herringbone detail adding to the ambiance making this space a perfect place to entertain, relax, and leave you in awe. The dining room is a flexible space allowing for large dinner parties and is open to the Joanne Hudson designed kitchen. The Kitchen is a chef's delight. From the custom cabinetry, the paneled Sub-Zero, Wolf dual fuel range, and range hood, the designer backsplash and gorgeous walnut island with seating, the details shine to make it the perfect kitchen. Off the kitchen find the pantry/laundry room with ample custom cabinetry for storage as well as the Miele washer and dryer beautifully tucked into the custom built in. The convenient powder room is accessible here as well. The primary suite has a custom-outfitted closet and a spacious sitting area. The sumptuous primary bath has designer limestone tile work, a custom double sink vanity, a frameless glass shower with multiple body sprays and a soaking tub as well as a separate water closet. From the entry hall, access a secondary hallway with luxurious flocked wallpaper to find a beautiful full bath with designer tile and a tub/shower combo with custom vanity and ample cabinet storage. The additional two bedrooms have custom-outfitted closets. Own a piece of art and live in the lap of luxury in The Bank Building in Old City-Society Hill, a lovely, quiet section in Philadelphia, that's truly an oasis.

Details

Property type

Condominium

Est. home value

$1,027,770

Lot size

Unknown

Price per sq ft

$586

Year built

1900

Annual property taxes

$8,722

HOA

No

Price History

12/02/2024
Bright

Bright #PAPH2424564

Listed
$1,795,000
05/05/2024
BrightMLS

BrightMLS #PAPH2225858

Removed
$1,795,000
04/19/2024
BrightMLS

BrightMLS #PAPH2225858

Price change
$1,795,000
-2.71%

Schools & Community

Neighborhood: 

Old City

Elementary school: 

GEN. GEORGE A. MCCALL SCHOOL

Middle school: 

GEN. GEORGE A. MCCALL SCHOOL

High school: 

HORACE FURNESS

Community features: 

Pool, Sidewalks, Street Lights

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Elizabeth P Carlino Residuary Trust

Loan start date

February 2015

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

Not Provided

Seller

Christopher P Carlino

Lender

Continental Bank

Loan start date

March 2014

Original loan amount

$1,500,000

Est. remaining balance

$584,297

Interest rate

3.4%

Loan type

New Conventional, 16 year

Seller

Christopher Carlino

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 3:45 PM

Listing updated: 12/02/2024 at 4:54 PM

Listed by: Richard Goldberg, BHHS Fox & Roach-Haverford Phone #: (610) 649-4500

MLS: Bright #PAPH2424564

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