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Sold for $770,000
  • $770,000

    225 Race St Unit 400, Philadelphia, PA 19106

    2beds
    1,976sqft
    Condominium
    Built in 1860
    -- sqft lot
    $730,700 Zestimate®
    $390/sqft
    $3,076 Estimated rent

    Home value

    $730,700

    $680,000 - $782,000

    $3,076/mo

    Zestimate® history
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    What's special

    Gas fireplaceTop-floor penthouse loftPilot houseModern upgradesSub-zero refrigeratorPrivate rooftop deckLarge operable factory windows
    Unicorns do exist in real estate. With a 97 Walk Score and 97 Transit Score, you’re directly across the street from Riverwards Produce Market in Old City. This is a once-in-a-lifetime opportunity to own a truly rare, fully renovated top-floor penthouse loft in a boutique four-story former fabric mill built circa 1860. The building was thoughtfully restored to highlight original architectural elements like exposed brick walls, wood beam ceilings, ductwork, and random-width original hardwood floors, all while incorporating modern upgrades for today's lifestyle. This two-bedroom, two-bathroom condominium combines period charm with contemporary comfort with a Private Roof Deck and Pilot House. It includes deeded off-street parking for one covered valet garage parking space at The Old City Parkominium right across the street from the rear entrance to the building that conveys with the unit, a gas fireplace, in-unit laundry, home office space, and a private modern elevator that opens directly into the unit. One of the standout features is the private rooftop deck and pilot house, exclusive to this unit, offering stunning 360-degree views of Old City, the Center City skyline, and the Delaware River. The living space is flooded with natural light thanks to large, operable factory windows and skylights on all sides of the unit. The open-concept living, dining, and kitchen areas are ideal for entertaining. The gourmet kitchen features custom 42-inch solid wood cabinetry, a Sub-Zero refrigerator and freezer, Wolf 6-burner gas range with convection oven, built-in microwave and wall oven, Best high-CFM range hood, stone countertops, a custom tile backsplash, LED under-cabinet lighting, a double-bowl undermount sink, disposal, and an oversized pantry. Everything is designed with both form and function in mind. The spacious primary bedroom suite includes a full wall of custom-built closet storage and a luxurious en suite bath. The bath is outfitted with a walk-in stone-tiled shower with multiple heads and body jets, dual sinks, custom wood vanity, stone counters, Kohler fixtures, LED sconces, recessed lighting, and a linen closet. The second full bath features a Kohler bathtub and shower combination, stone wall and floor tile, a wood vanity with stone countertop, LED lighting, and is conveniently located next to the in-unit laundry room. This home has been meticulously upgraded with a high-efficiency AO Smith Pro Line XE gas hot water heater, a Bryant Legacy Line high-efficiency HVAC system, and an upgraded electrical panel dedicated solely to this unit. The original hardwood floors were professionally refinished to maintain their character while offering a modern, lived-in patina. The entire unit has just been professionally painted, and the building’s common hallways and exterior were also recently refreshed. The private rooftop deck, accessible only from this unit, features a Trex deck with railing and a dedicated gas line for grilling—perfect for hosting or simply relaxing above the city. Safety and convenience are top priorities in this well-managed building, which includes a fire suppression sprinkler system throughout and intercom/doorbell systems at both the front and rear entrances. You’ll love living in the heart of historic Old City, known for its beautiful architecture, art galleries, boutiques, restaurants, cafes, and cultural landmarks. You’re also within easy reach of Market and Broad Street lines, I-76, I-95, I-676, 30th Street Station, the Philadelphia Airport, and bridges to New Jersey. This move-in-ready penthouse offers the perfect blend of historic character, modern luxury, and a premier location. With the Philadelphia Homestead Exemption, the estimated property taxes for 2025 are just $6,414. Don’t miss this one-of-a-kind opportunity to own a piece of Philadelphia history with all the amenities of modern living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Owen 267-282-1136,

    Compass RE

    Bought with:

    Dominic Fuscia, RS294492

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PAPH2536968MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Office
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Dining room
    • Level: Main
    Foyer
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Living room
    • Level: Main
    Office
    • Level: Main
    Heating
    • Forced Air, Heat Pump, ENERGY STAR Qualified Equipment, Natural Gas
    Cooling
    • Central Air, ENERGY STAR Qualified Equipment, Electric
    Appliances
    • Included: Microwave, Built-In Range, Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Intercom, Self Cleaning Oven, Oven, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliance(s), Washer, Water Heater, Gas Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, Laundry Room, In Unit
    Features
    • Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Built-in Features, Ceiling Fan(s), Dining Area, Exposed Beams, Open Floorplan, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wine Storage
    • Flooring: Hardwood, Stone, Wood
    • Doors: ENERGY STAR Qualified Doors, Insulated
    • Windows: Atrium, Casement, Double Hung, Double Pane Windows, Energy Efficient, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Palladian, Replacement, Screens, Skylight(s), Window Treatments
    • Basement: Drainage System,Drain,Full,Improved,Interior Entry,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Gas/Propane, Mantel(s), Metal, Screen
    Interior area
    • Total structure area: 1,976
    • Total interior livable area: 1,976 sqft
    • Finished area above ground: 1,976
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Underground, Assigned, Attendant, Heated, Lighted, Garage
    • Garage spaces: 1
    • Details: Assigned Parking, Assigned Space #: 102
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Roof Deck
    • Exterior features: Lighting
    • Pool features: None
    • Has view: Yes
    • View description: City, River, Panoramic
    • Has water view: Yes
    • Water view: River
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 888039120
    • Zoning: RESIDENTIAL
    • Special conditions: Standard
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Loft
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Masonry, Brick
    Condition
    • New construction: No
    • Year built: 1860

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Appliances, Construction, Fireplace/Wood Stove, Flooring, Home Energy Management, HVAC, Lighting

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Fire Alarm, Security System, Smoke Detector(s), Fire Sprinkler System
    • Condo and coop fee: $619 monthly
    • Subdivision: Old City
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: Common Area Maintenance, Maintenance Structure, Snow Removal
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $390/sqft
    • Tax assessed value: $558,200
    • Annual tax amount: $7,813
    • Date on market: 9/12/2025
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: Refrigerator / Freezer, 6 Burner Gas Range / Oven, Wall Oven, Wall Microwave, Dishwasher, Washer, Dryer, Curtains / Rods, Window Treatments. All Convey In As-is Condition.
    • Exclusions: Personal Property.
    • Ownership: Condominium

    Price history

    DateEventPrice
    1/14/2026Sold$770,000-3.7%$390/sqft
    Source: Bright MLS #PAPH2536968 Report a problem
    12/4/2025Pending sale$799,900$405/sqft
    Source: Bright MLS #PAPH2536968 Report a problem
    11/25/2025Contingent$799,900$405/sqft
    Source: Bright MLS #PAPH2536968 Report a problem
    11/6/2025Price change$799,900-5.9%$405/sqft
    Source: Bright MLS #PAPH2536968 Report a problem
    9/12/2025Listed for sale$849,900+30.8%$430/sqft
    Source: Bright MLS #PAPH2536968 Report a problem
    12/14/2010Listing removed$649,900$329/sqft
    Source: Tag Realty 2 LLC dba Keller Williams Realty #5682370 Report a problem
    9/19/2010Price change$649,900-3.7%$329/sqft
    Source: Keller Williams Realty- Center City #5682370 Report a problem
    9/4/2010Price change$674,900-3.4%$342/sqft
    Source: Keller Williams Realty- Center City #5682370 Report a problem
    6/26/2010Price change$699,000-3.4%$354/sqft
    Source: Keller Williams Realty #5682370 Report a problem
    5/8/2010Price change$723,500-17.3%$366/sqft
    Source: Keller Williams Realty- Center City #5682370 Report a problem
    1/10/2010Listed for sale$874,900$443/sqft
    Source: Coldwell Banker Preferred #5525689 Report a problem
    12/5/2009Listing removed$874,900+9.4%$443/sqft
    Source: Preferred #5525689 Report a problem
    5/29/2008Listed for sale$800,000$405/sqft
    Source: Prudential Real Estate #5157147 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,814 +4.5%$558,200 +4.5%
    2024$7,478 $534,200
    2023$7,478 +4%$534,200
    2022$7,191 --
    2021$7,191 +4%--
    2018$6,915 +426.2%--
    2017$1,314 +3%--
    2016$1,276 --
    2015$1,276 --
    2014$1,276 +53.2%$407,800 +460.9%
    2012$833 $72,704
    2011-- $72,704
    2010-- $72,704 +556.6%
    2009-- $11,072
    2008-- $11,072
    2007-- $11,072
    Find assessor info on the county website

    Neighborhood: Old City

    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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    Estimated market value
    $730,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $730,700