10 months on rocket

50 S 16th St Unit 4604, Philadelphia, PA, 19102

$5,000,000

3 Bedrooms
2 Full Baths, 2 Partial
5,550 SqFt
$901/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAttendant, Parking Fee, Secure Parking, Off Site
Year Built1990
HeatingForced Air
CoolingCentral Air
FireplaceFree Standing, Double Sided, Other
ViewCity
MLS #PAPH2243406
StatusActive
(ACTIVE)

About 50 S 16th St Unit 4604

Two Liberty Place soars several stories above other Philadelphia residences, offering unparalleled and unobstructed views. Expansive windows throughout the residence plus a sprawling 2,400± square foot terrace make the most of the landscape to the east, west, and north, including City Hall, the Ben Franklin Bridge, both the Delaware and Schuylkill rivers, and the brilliant city lights of Philadelphia. The terrace opens to several immaculate indoor spaces, making for seamless entertaining indoors and out. Custom designed with hosting a crowd in mind, the residence's interior gives a graceful nod to the Art Deco period with antique French fixtures and luxury materials at every turn. Curl up by the macassar ebony wood fireplace in the formal living room after cocktails in the spacious gourmet kitchen. The kitchen island is equipped for use by a professional caterer and staff while remaining perfect for any home chef. The temperature-controlled 1,500-bottle wine storage and butler's pantry just off the kitchen will thrill any connoisseur. The dreamy private suite offers a double Carrera marble bath and two enormous walk-in closets. Step directly into your private lounge that opens up to the terrace, which provides an exquisite escape with the perfect view of Philadelphia below.

Property Details

Property Features

Property Information:

  • Architectural Style: Art Deco, Contemporary
  • Year Built: 1990
  • Stories: 1
  • Living Area: 5,550 SqFt

Listing Office:

  • Office Name: Kurfiss Sotheby's International Realty
  • Office Phone: (215) 735-2225
  • Listing Agent: Melanie M Stecura

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Disposal, Dishwasher, Dryer, Oven, Electric Range, Washer, Refrigerator
  • Basement: No
  • Interior: Breakfast Area, Butlers Pantry, Built-Ins, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Upgraded Countertops, Walk-in Closet(s), Wine Storage, Wood Floors
  • Fireplace: Free Standing, Double Sided, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Attendant, Parking Fee, Secure Parking, Off Site

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: Pull up to building on 16th just north of Chestnut. Valet service available.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
  • Price Per SqFt: $901/SqFt

Tax Information:

  • Annual Amount: $109,184
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

50 S 16th St Unit 4604 vs Philadelphia

318 DAYS ON ROCKET

+264 Days

$5,000,000

+$4.7M More

$901/SqFt

+$706 More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price and $706/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: #PAPH2243406

Listing Office:

  • Office Name: Kurfiss Sotheby's International Realty
  • Office Phone: (215) 735-2225
  • Listing Agent: Melanie M Stecura

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: 4/19/2024, 9:20:26 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

Jul 08, 2009Home Sold
$752,148

Tax History

YEARPROP. TAXASSESSMENT
2020$109,184 -
2019$32,755$7,800,000
2018$54,545$8,471,000
2017$42,727$5,938,500

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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-403459
7
/10
  • Albert M. Greenfield School

  • 2200 Chestnut St

  • 0.54 miles

  • Public District Grades KG-8

High School

school-card-donut-403460
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 0.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,627. Residents of Philadelphia, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Center City, Philadelphia

Types of housing in Center City, Philadelphia.

Most of the houses available in the housing market in Center City were built before the 1960s, when a large proportion of the housing growth took place. Many dwellings are large apartment buildings, making it easy to find apartments in this community, and the rest are mainly small apartment buildings and townhouses. Roughly two thirds of the population of this community rent their home whereas the remainder are owners. This area also has a good variety of unit sizes; houses range from lofts to four or more bedrooms.

What is it like to live in Center City, Philadelphia?

Center City offers a variety of experiences for those who enjoy a vibrant atmosphere and spending time outdoors. This part of Philadelphia has a very large number of places to discover. The streets are almost always busy with people, an excellent selection of entertainment venues can be found nearby, and it is very easy to find bars because they are well-spread throughout the community. Sansom Street is among the most lively streets in this area. There are over 50 parks nearby for residents to explore, like Veterans Memorial Park and I-95 Park, which makes them very easy to get to.

Is it easy to get around Center City, Philadelphia without a car?

It is a short walk to get to both primary and secondary schools from anywhere in this part of Philadelphia. Along with public schools, there are private elementary and secondary schools. With regards to food, it is especially convenient to get to both a general and a specialty grocery store on foot from most properties for sale in this community. There are over 200 groceries in this area, and the best variety can be found on streets such as 18th Street. Additionally, with 1500-odd restaurants and cafes in this area, there is almost always a place to get a meal or a beverage just around the corner. Home buyers benefit from very many clothing stores within walking distance.

Transportation in Center City, Philadelphia.

Center City affords home buyers several alternative modes of transportation. Center City will appeal to physically active house buyers since it is especially well-suited for walking; many day-to-day needs are very easy to meet without the use of a vehicle, and there are also innumerable businesses in proximity. The great public transit access makes transit a viable option for many people as a consequence of plenty of nearby rapid transit stations on the Broad Street Line and Market Frankford Line, and over 50 nearby bus lines. Driving is also a good mode of transportation in Center City. The majority of real estate listings are a very short drive from the closest highway, such as Delaware Expressway.

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Frequently Asked Questions About 50 S 16th St Unit 4604

What is the listing price of this property?

The listing price of 50 S 16th St Unit 4604 property is $5,000,000.

What type of property is this?

The property 50 S 16th St Unit 4604 is a condo located in Philadelphia, Pennsylvania, 19102.

Is this property for sale now?

Active Listing: 50 S 16th St Unit 4604 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 50 S 16th St Unit 4604 are:
Albert M. Greenfield School: GreatSchools Rating 7/10
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 $109,184 (source: MLS/based on county public records data).

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

The last sale was on July 8, 2009 for $752,148. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 50 S 16th St Unit 4604 has 3 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 50 S 16th St Unit 4604 is 5,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 S 16th St Unit 4604 is 1990.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia1910250 S 16th St Unit 4604

This home is located at 50 S 16th St Unit 4604 in Philadelphia, PA and zip code 19102 in the Center City neighborhood. This 5,550 square foot home was built in 1990. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 05, 2023 and is currently priced at $5,000,000.

In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. The number of homes for sale in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $257,610, while the average time on the real estate market was 54 days.

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

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