29 days on rocket

50 S 16th St Unit 5602, Philadelphia, PA, 19102

$2,099,999

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,701 SqFt
$1,235/SqFt
Condo
Schools Nearby

Location

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50 S 16th St Unit 5602, Philadelphia$2,099,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Inside Access, Other, Attendant, Secure Parking, Parking Garage
Garage1 space
Year Built1990
HeatingForced Air, Other
CoolingCentral Air
FireplaceGas/Propane, Mantel(s)
ViewCity
MLS #PAPH2339442
StatusActive
(ACTIVE)

About 50 S 16th St Unit 5602

A true architectural masterpiece! With approximately five years left on the TAX ABATEMENT! The rare opportunity to own a breathtaking penthouse in the sky located in the pinnacle, triangular pencil point of Philadelphia's iconic Two Liberty Place skyscraper. Unit 5602 is one of only four units on the 56th floor and inspires the felling of being a passenger on a super stealth jet with it's picturesque convex and concave windows. The 56th floor is the second highest residential floor in Philadelphia/Pennsylvania and the unit boasts jaw dropping magnificent panoramic views of the city's sunrises and sunsets along the Schuylkill and Delaware Rivers. Your own observation deck in the sky. The spectacular penthouse includes 2 bedrooms and 2.5 baths. The unique open great room floor plan with its oversized Concave window (almost 11ft. tall) with large gas fireplace is ideally designed to separate the main bedroom from the second bedroom/den living space to provide ideal privacy. The chef's kitchen is equipped with Miele appliances, Sub-Zero refrigerator, and wine cooler and is beautifully complemented with Italian made Snaidero white cabinetry. The spacious main bedroom is a visual spectacle with it wall of convex triangular oversized (almost 11 ft tall) windows. Connected to the main bedroom is a well-equipped dressing area with a large, oversized closet. The warm grey/white marble main bathroom includes a walk-in shower, soaking tub and double vanity. The generously sized second bedroom/den has an oversized closet along with a full grey/white marble bathroom with oversized shower. In addition to the two bedrooms , there is a separate area which includes a small hallway that separates a marble powder room from the laundry space. The cleverly designed floor plan positions this area, so it does not interfere with the rest of the living space. Doorman service and 24 hour on site security. Residences of Two Liberty Place are exclusively entitled to access to the NEWLY enhanced renovated (March 2024) 37th floor amenities, including 24 hour gym/locker, endless pool, massage room, yoga studio, sauna and separate steam room. The Amenity floor also contains an oversized boardroom, smaller board room, business center, common area with amazing views and a media/billiard/fireplace and large kitchen entertaining area with spectacular views as well. Residents have direct secure access to the Shops of Liberty Place, Chauffeur driven concierge limousine service, valet parking, self-parking along with access to indoor parking even for your guest, all within the building. A storage locker is included as well. The unit was the model used by the developer to solicit buyers for the Residences of Two Liberty Place when they were first offered to the public. The unit is in flawless condition and is available unfurnished but the owner is willing to discuss the furnishings as part of the purchase.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1990
  • Stories: 1
  • Living Area: 1,701 SqFt

Listing Office:

  • Office Name: HomeZu by Simple Choice
  • Office Phone: (855) 885-4663
  • Listing Agent: Christopher J Carr

Interior Features

Interior Information:

  • Appliances: Microwave, Cooktop, Dishwasher, Dryer, Oven, Water Heater, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Hardwood
  • Interior: Carpet, Dining Area, Kitchen - Island, Window Treatments
  • Fireplace: Gas/Propane, Mantel(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Garage Space: 1 space
  • Parking: Underground, Inside Access, Other, Attendant, Secure Parking, Parking Garage

Utilities

Utilities Information:

  • Heating: Forced Air, 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: Interstate 95 or Interstate 76 (Schuylkill expressway)to 16th and Chestnut st.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,099,999
  • Price Per SqFt: $1,235/SqFt

HOA Fees:

  • Amount: $2349
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,563
  • 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

50 S 16th St Unit 5602 vs Philadelphia

29 DAYS ON ROCKET

-21 Days

$2,099,999

+$1.8M More

$1,235/SqFt

+$1K More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $1K/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: #PAPH2339442

Listing Office:

  • Office Name: HomeZu by Simple Choice
  • Office Phone: (855) 885-4663
  • Listing Agent: Christopher J Carr

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: 5/4/2024, 6:20:35 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 06, 2018Home Sold
$1,399,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,563 -
2019$14,329$1,991,600
2018$25,343$1,810,500
2017$19,185$1,810,500

History based on county public records data.

Payment Calculator

$12.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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-5788420
7
/10
  • Albert M. Greenfield School

  • 2200 Chestnut St

  • 0.54 miles

  • Public District Grades KG-8

High School

school-card-donut-5788421
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. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 S 16th St Unit 5602

What is the listing price of this property?

The listing price of 50 S 16th St Unit 5602 property is $2,099,999.

What type of property is this?

The property 50 S 16th St Unit 5602 is a condo located in Philadelphia, Pennsylvania, 19102.

Is this property for sale now?

Active Listing: 50 S 16th St Unit 5602 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 5602 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 $9,563 (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 6, 2018 for $1,399,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 50 S 16th St Unit 5602 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 50 S 16th St Unit 5602 is 1,701 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 S 16th St Unit 5602 is 1990.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19102›50 S 16th St Unit 5602

This home is located at 50 S 16th St Unit 5602 in Philadelphia, PA and zip code 19102 in the Center City neighborhood. This 1,701 square foot home was built in 1990. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $2,099,999.

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%. Listings spent 50 days on the market in April 2024, and had a median list price of $258,806 during the same period.

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

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