$215,000
SOLD MAY 23, 2024
3 Beds
1 Bath
1,246 Sq Ft
992 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

14% Below List Price

80 Days on Market

Highlights

  • Straight Thru Architecture
  • 5-minute walk to Tasker-Morris
  • 3-minute walk to Di Silvestro Playground
  • No HOA
  • Radiator

About This Home

As of May 2025

***Welcome to 1618 S. 16th Street, a hidden gem waiting to be transformed into your dream home in vibrant South Philadelphia! With over 1200 square feet of potential, this residence offers a canvas for your imagination to run wild.***Nestled in a desirable location, this property beckons for those seeking proximity to Center City Philadelphia without compromising on space or character. Imagine the endless possibilities as you embark on a journey to shape this home according to your unique vision and needs.***While this home requires some work throughout, it presents a rare opportunity to create a personalized oasis in a neighborhood that has witnessed remarkable growth and rehabilitation of other homes. With a surge in demand driving prices upward, now is the time to invest in this thriving community.***Perfectly situated for those working in area hospitals, performing arts centers, or dense employment high-rises, convenience is at your doorstep. Commuting is a breeze, allowing you to spend more time enjoying the vibrant city life that Philadelphia has to offer.***Indulge your culinary cravings with close proximity to critically acclaimed restaurants, where culinary delights await to tantalize your taste buds and create unforgettable dining experiences.***Whether you're envisioning a cozy retreat to unwind after a busy day or a stylish urban oasis to entertain friends and family, 1618 S. 16th Street offers the ideal foundation to bring your vision to life.***Don't miss the chance to make your mark in one of Philadelphia's most sought-after neighborhoods. Seize this opportunity to redefine urban living and embrace the limitless potential that awaits at 1618 S. 16th Street. Schedule your showing today and unlock the possibilities of South Philadelphia living! ***The main photo, the living room, is virtually staged.

Last Agent to Sell the Property

Asif Gill

Homestarr Realty Listed on: 02/07/2024

Homestarr Realty

Last Buyer's Agent

Tom Englett

BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS277112

BHHS Fox & Roach At the Harper, Rittenhouse Square

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1925

Lot Details

  • 992 Sq Ft Lot
  • Lot Dimensions are 16.00 x 62.00

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,246 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 365137600

Community Details

Overview

  • No Home Owners Association
  • Newbold Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,068

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-07
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: ***Welcome to 1618 S. 16th Street, a hidden gem waiting to be transformed into your dream home in vibrant South Philadelphia! With over 1200 square feet of potential, this residence offers a canvas for your imagination to run wild. ***Nestled in a desirable location, this property beckons for those seeking proximity to Center City Philadelphia without compromising on space or character. Imagine the endless possibilities as you embark on a journey to shape this home according to your unique vision and needs. ***While this home requires some work throughout, it presents a rare opportunity to create a personalized oasis in a neighborhood that has witnessed remarkable growth and rehabilitation of other homes. With a surge in demand driving prices upward, now is the time to invest in this thriving community. ***Perfectly situated for those working in area hospitals, performing arts centers, or dense employment high-rises, convenience is at your doorstep. Commuting is a breeze, allowing you to spend more time enjoying the vibrant city life that Philadelphia has to offer. ***Indulge your culinary cravings with close proximity to critically acclaimed restaurants, where culinary delights await to tantalize your taste buds and create unforgettable dining experiences. ***Whether you're envisioning a cozy retreat to unwind after a busy day or a stylish urban oasis to entertain friends and family, 1618 S. 16th Street offers the ideal foundation to bring your vision to life. ***Don't miss the chance to make your mark in one of Philadelphia's most sought-after neighborhoods. Seize this opportunity to redefine urban living and embrace the limitless potential that awaits at 1618 S. 16th Street. Schedule your showing today and unlock the possibilities of South Philadelphia living! ***The main photo, the living room, is virtually staged.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1246
  • Living Area Sq Ft: 1246
  • Price Per Sq Ft: 180.58
  • Above Grade Finished Sq Ft: 1246
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1618

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 62.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 992.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1683.00
  • Tax Annual Amount: 3068.00
  • Assessor Parcel Number: 365137600
  • Tax Lot: 111
  • Tax Total Finished Sq Ft: 1246
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/23/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
May 23, 2024
Sold by
Keo Kamsath
Bought by
Mbk Consulting Services Llc
Seller's Agent
Asif Gill
Homestarr Realty
Buyer's Agent
Tom Englett
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Views
91
Current Estimated Value
$427,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,436
Avg. Annual Appreciation
76.46%
Original Mortgage
$253,400
Outstanding Balance
$250,437
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$176,999

Purchase Details

Closed on
Feb 29, 2008
Sold by
Put Ver
Bought by
Keo Buntho Eun

Purchase Details

Closed on
Jun 28, 2001
Sold by
Lee William N and Trieu Nu T
Bought by
Put Ver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 29, 1996
Sold by
Tran Hung Quoc
Bought by
Lee William N and Trieu Nu T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $215,000 Trident Land Transfer
Deed $3,500 None Available
Deed $36,000 --
Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $253,400 Credit Line Revolving
Previous Owner $28,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $439,000 0.0% $352 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/23/2025 03/23/25 For Sale $439,000 +104.2% $352 / Sq Ft
05/23/2024 05/23/24 Sold $215,000 -4.4% $173 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $225,000 -10.0% $181 / Sq Ft
02/07/2024 02/07/24 For Sale $250,000 -- $201 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,068 $244,900 $48,980 $195,920
2024 $3,068 $244,900 $48,980 $195,920
2023 $3,068 $219,200 $43,840 $175,360
2022 $1,085 $174,200 $43,840 $130,360
2021 $1,715 $0 $0 $0
2020 $1,715 $0 $0 $0
2019 $1,594 $0 $0 $0
2018 $889 $0 $0 $0
2017 $1,309 $0 $0 $0
2016 $889 $0 $0 $0
2015 $851 $0 $0 $0
2014 -- $93,500 $11,706 $81,794
2012 -- $8,096 $1,265 $6,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2318854

Bright MLS

APN: 365137600