8 months on rocket

1601 Locust St Unit 1300, Philadelphia, PA, 19103

$2,795,000

3 Bedrooms
3 Full Baths, 1 Partial
3,422 SqFt
$817/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingOther, Parking Garage
Garage1 space
Year Built1929
HeatingOther
CoolingCentral Air
MLS #PAPH2274052
StatusActive
(ACTIVE)

About 1601 Locust St Unit 1300

Stunning custom-built full floor residence with luxurious finishes, panoramic city views, and a balcony at The Lanesborough in Center City. This contemporary home includes 3 bedrooms, a private home office, 3.5 bathrooms, Mercier hardwood floors with herringbone inlay, and a plethora of custom appointments and high-end systems. Enter off of the building's secure, fobbed elevator into the custom vestibule with black French doors. Past the entry is the grand center gallery which runs the length of the home. There is a powder room on one side of the hall and laundry closet with with LG front load washer and dryer on the other. The private balcony showcasing spectacular city views is also located here. At the end of the center gallery past the bedrooms and office is the open great room with living/dining area and kitchen. An ideal space for both living and entertaining! The expansive living/dining area features multiple windows for ample natural light, a decorative reflective ceiling, a surround sound entertainment system, and a 75” Samsung Art TV with new gold frame. The open chef’s kitchen features custom Honeybrook cabinetry, Taj Mahal quartzmite kitchen counters, and a state of the industry appliance package which includes Miele built-in refrigerator/freezer, Miele professional gas range, Bosch fully integrated dishwasher, Marvel wine & beverage center, Dacor fully integrated wine dispenser & preservation system, and Miele built-in coffee center with Marvel integrated refrigerator drawers. All of the bedrooms feature walk-in designer inspired closets and full ensuite bathrooms. The spacious primary bedroom boasts large windows, a decorative wall feature, a 65” QLED TV, and a large walk-in closet with built-in shelving and drawers. The gorgeous primary bathroom includes two separate vanities, built-in linen storage, large soaking tub, and an Italian marble oversized walk-in shower with frameless glass entry and accent lighting. Across from the primary bedroom is the home office with French doors and built-ins. Additional home details include an automated window shading system, an automated lighting system, an “ahead of the curve” computer network, and a music system that includes architectural speakers installed throughout the home that are easily controlled via smart device app. The Lanesborough offers residents the highest level of finish in each space. This elegant boutique building is one of a kind and is sure to please the most discerning purchaser of a Center City high-rise home. Residents enjoy a twenty-four hour doorman and concierge and state-of-the-art fitness center. One 10' x 12' storage unit located in the basement of the building is included.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1929
  • Stories: 1
  • Living Area: 3,422 SqFt

Listing Office:

  • Office Name: Allan Domb Real Estate
  • Office Phone: (215) 545-1500
  • Listing Agent: Allan Domb

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Other, Parking Garage

Virtual/3D Tour

  • 3D Tour: 1601 Locust St Unit 1300

3D Tour

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • Albert M. Greenfield School, Public District Grades KG-8

Other

Directions Information:

  • Directions: -

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,795,000
  • Price Per SqFt: $817/SqFt

Tax Information:

  • Annual Amount: $26,879
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1601 Locust St Unit 1300 vs Philadelphia

255 DAYS ON ROCKET

+205 Days

$2,795,000

+$2.5M More

$817/SqFt

+$621 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $621/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2274052

Listing Office:

  • Office Name: Allan Domb Real Estate
  • Office Phone: (215) 545-1500
  • Listing Agent: Allan Domb

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2024, 2:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2011Home Sold
$2,260,088

Tax History

YEARPROP. TAXASSESSMENT
2020$26,879 -
2019$26,878$1,920,200
2018$21,813$1,558,300
2017$2,115$1,558,300

History based on county public records data.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,446

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4704033
9
/10
  • Albert M. Greenfield School

  • 2200 Chestnut St

  • 0.56 miles

  • Public District Grades KG-8

High School

school-card-donut-4704034
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,709. The majority of Philadelphia, PA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1601 Locust St Unit 1300

What is the listing price of this property?

The listing price of 1601 Locust St Unit 1300 property is $2,795,000.

What type of property is this?

The property 1601 Locust St Unit 1300 is a condo located in Philadelphia, Pennsylvania, 19103.

Is this property for sale now?

Active Listing: 1601 Locust St Unit 1300 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1601 Locust St Unit 1300 are:
Albert M. Greenfield School: GreatSchools Rating 9/10
Benjamin Franklin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $26,879 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 31, 2011 for $2,260,088. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1601 Locust St Unit 1300 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1601 Locust St Unit 1300 is 3,422 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1601 Locust St Unit 1300 is 1929.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191031601 Locust St Unit 1300

This home is located at 1601 Locust St Unit 1300 in Philadelphia, PA and zip code 19103 in the Center City neighborhood. This 3,422 square foot home was built in 1929. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 08, 2023 and is currently priced at $2,795,000.

In April 2024 more than 242 listings in Philadelphia, PA were sold above the asking price. During the same period more than 216 listings were sold at asking price, while more than 502 were sold below. Between March 2024 and April 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. In April 2024 median list price was $258,806 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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