6 months on rocket

2555 N 16th St, Philadelphia, PA, 19132

$24,999

0.02 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #PAPH2295096
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 2555 N 16th St

This vacant lot is well positioned with views of Downtown/Center City skylines. New residential development is coming this way. Massive upside with a Buy & Hold strategy targeting appreciation in property value for many years to come. On the other front, major development planned for the North Broad Street Station. A project to redevelop existing parcels into a mixed-use Transit Oriented Development of up to 4 million square feet. The project will stimulate the redevelopment of a currently impacted area, and will be a catalyst for the expansion and upgrading of Temple’s medical complex. Will be a major asset for the City of Philadelphia. Conveniently close to public transits. Subway trains on Broad Street along with multiple bus routes to Downtown, Center City, Temple medicals and Temple University. Local and national retailers on Broad. RSA5 zoning. Priced at $27/sf thats ridiculously low for something this close to everything that that City of Brotherly Love has to offer.

Property Details

Property Features

Listing Office:

  • Office Name: XRealty.NET LLC
  • Office Phone: (888) 838-9044
  • Listing Agent: Norman S Domingo

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

School Info

Assigned Schools Information:

  • Mastery Charter School at Gratz, Public Charter Grades 9-12
  • Tanner G. Duckrey School, Public District Grades KG-8

Other

Directions Information:

  • Directions: 16th and Cumberland

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,999

Tax Information:

  • Annual Amount: $151
  • 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

2555 N 16th St vs Philadelphia

181 DAYS ON ROCKET

+131 Days

$24,999

-$233.8K Less

KEY TAKEAWAY

This property is $233.8K less than the Median Sold Price in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2295096

Listing Office:

  • Office Name: XRealty.NET LLC
  • Office Phone: (888) 838-9044
  • Listing Agent: Norman S Domingo

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: 5/6/2024, 12:05:53 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

Sep 17, 2019Home Sold
$13,400

Tax History

YEARPROP. TAXASSESSMENT
2020$151 -
2019$151$10,800
2018$151$10,800
2017$151$10,800

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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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-6787855
3
/10
  • Tanner G. Duckrey School

  • 1501 W Diamond St

  • 0.50 miles

  • Public District Grades KG-8

High School

school-card-donut-6787856
3
/10
  • Mastery Charter School at Gratz

  • 1798 W Hunting Park Ave

  • 1.55 miles

  • Public Charter Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,744. Residents of Philadelphia, PA typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2555 N 16th St

What is the listing price of this property?

The listing price of 2555 N 16th St property is $24,999.

What type of property is this?

The property 2555 N 16th St is land located in Philadelphia, Pennsylvania, 19132.

Is this property for sale now?

Active Listing: 2555 N 16th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2555 N 16th St are:
Tanner G. Duckrey School: GreatSchools Rating 3/10
Mastery Charter School at Gratz: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $151 (source: MLS/based on county public records data).

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

The last sale was on September 17, 2019 for $13,400. (source: MLS/tax record).

How much acreage is this property?

The property 2555 N 16th St is 0.02 acres.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191322555 N 16th St

This home is located at 2555 N 16th St in Philadelphia, PA and zip code 19132 in the Glenwood neighborhood. This home sits on a 0.02 acre lot. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $24,999.

Over 242 listings were sold over their listed price in April 2024 in Philadelphia, PA. In the same period over 502 listings were sold below the listed price and 216 listings were sold for the listed price. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

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

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