tomo logo

$1,825,000

Beds
4
Baths
5.0
sq ft
5,057

48 N 3rd St Unit 3, Philadelphia, PA 19106

48 N 3rd St Unit 3

PHILADELPHIA, PA 19106

  • 17 days on market
Luxury Townhome in Historic Old City – Lippincott Alley Discover sophisticated city living in this stunning 3-4 bedroom, 4 full and 2 half bath townhome at Lippincott Alley, one of Old City’s most exclusive residential enclaves. Nestled on a quiet, brick-paved lane beside the historic Arch Street Meeting House, this home offers modern luxury with prime walkability to top dining, shopping, and cultural attractions. 5 years left on tax abatement. Refined Interiors & Thoughtful Design Enter from the private two-car garage or alleyway into an open-concept main level designed for seamless entertaining. The sunlit living room features oversized windows that overlook a quiet courtyard, while the chef’s kitchen boasts Wolf & Sub-Zero appliances, granite countertops, custom cabinetry, and private balcony access. The second level offers two spacious bedrooms, each with walk-in closets and en-suite baths—one with a glass-enclosed shower, the other with a soaking tub. The laundry room is also on this level. A sumptuous & private primary suite is a spacious retreat with custom storage, a spa-like bath with a soaking tub, double vanity, and a multi-head glass-enclosed shower. There is also an incredible walk-in closet. Rooftop Retreat & Versatile Living Spaces Take the private 5 stop elevator to the expansive roof deck, perfect for enjoying fireworks at Penn’s Landing. The pilot house includes a wet bar, beverage center, lounge area, and powder room for effortless entertaining. A finished basement provides flex space for a fourth bedroom, gym, or media room, complete with a full bath. Additional features include high ceilings, elegant hardwood floors, and a security system. Unmatched Location in Old City Walk to renowned restaurants, boutique shops, art galleries, and historic landmarks. Public transit and major highways are just minutes away for easy commuting. Don’t miss this rare opportunity for luxury, convenience, and historic charm in one of Philadelphia’s most sought-after neighborhoods. Schedule your private tour today. (All square footage numbers are approximate and include above and below grade measurements. Tax abatement began in 2019.)

Details

Property type

Townhouse

Est. home value

$1,612,835

Lot size

711 sq ft

Price per sq ft

$361

Year built

2019

Annual property taxes

$7,368

Monthly HOA fee

$265

Price History

03/15/2025
Bright

Bright #PAPH2457774

Listed
$1,825,000
+17.74%
09/08/2022
Bright

Bright #PAPH2001807

Sold
$1,550,000

Schools & Community

Neighborhood: 

Old City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Negotiation Insights

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

Seller could get up to

$762,126
Asking price
$1,825,000
Closing costs (~8% of asking)
-$146,000
Est. remaining loan balance
-$916,874
Cash to seller
$762,126

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2022

Original loan amount

$950,000

Est. remaining balance

$916,874

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Larry Albert Haefner and Faith Dansereau

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: 04/01/2025 at 6:05 PM

Listing updated: 03/28/2025 at 3:41 PM

Listed by: Andrea Desy Edrei, SERHANT PENNSYLVANIA LLC Phone #: (610) 635-9977

MLS: Bright #PAPH2457774

Bright logo

Recently listed in PHILADELPHIA