NOT LISTED FOR SALE

Estimated Value: $1,214,000 - $1,666,495

3 Beds
2.5 Baths
2,010 Sq Ft
$362/mo HOA Fee

Last Sold September 30, 2021

Last sale price $1,450,000 $721 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,437/month

191 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 15Th-16Th & Locust St
  • Property is in excellent condition
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Hightop Development is proud to bring you the newest boutique luxury condo building right in the heart of Rittenhouse! TwoSixTwo, located on Spruce and 16th Street, is ideally located in the highly sought after Rittenhouse neighborhood, overflowing with convenient amenities and opulent features. The Locust model at TwoSixTwo spans the entire 3rd floor and is a beautifully appointed 3 bedroom, 2.5 bathroom, 2,010 SqFt residence. At first glance from the street, you will notice TwoSixTwos beautifully designed brick facade building that lines up perfectly with the cornice lines of the historic buildings on the block. Dont let this fool you, as everything about this building is modernized to todays highest standards. Once you pass through the secure entrance to your private elevator, you are chauffeured to your home. The elevator opens up directly into your foyer that features custom millwork to hang your coats and tuck your shoes away. The East wing of the home is open and airy featuring a beautiful chefs kitchen, large dining room and spacious living area. The east facing oversized windows allowing an abundance of sunlight will warm up the room. The kitchen is designed to be the heart of the home and with the highest standards. Custom cabinetry, designer appliances and a beautiful island with waterfall quartz counters that easily accommodate 4 chairs, are just a few of the many features of the kitchen. The entire home has hardwood flooring that guide you passed the powder room, to the west wing of the home. A large bedroom sits off the foyer, while the laundry closet can be found further down the hall. A second bedroom and a full bathroom with designer finishes, are located at the rear of the residence. Completing this single level home is a luxurious Owner's Suite comprised of a large bedroom with Juliet Balcony and full custom walk-in closet. The indulgent, spa-like en-suite is adorned with a free standing soaking tub, rainfall shower head and a double vanity. One of the most unique features of TwoSixTwo is the light well that is cored through the building allowing natural light in to areas that would normally not receive it. The long list of building amenities include package concierge, cold storage, on-site storage, and an expansive roof deck with panoramic city views. Although no car is needed with such easy access to everything, the Seller will be including 1 year prepaid PARKING at a location of your choice. Most importantly, these homes have the FULL 10-YEAR TAX ABATEMENT and condo fees are less than 20 cents a square foot! This location cant be beat with tons of restaurants, shopping, and Rittenhouse Square park just steps away. Famous nearby landmarks and eateries include the Kimmel Center, Pennsylvania Academy of the Fine Arts, Lacroix Restaurant at The Rittenhouse, Parc, Devon, and Alma De Cuba. Theres easy access to surrounding neighborhoods and major roadways via Broad Street, Market Street, and public transportation. Opportunities to own a luxury, new construction home, in a boutique condo building located in Rittenhouse Square dont come often! Contact us today for in-person and virtual touring options!! *All square footage numbers are approximate and include above and below grade square footage. Square footage & real estate taxes should be verified by the buyer.*

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 08/21/2020

KW Empower

Co-Listed By

Jim Onesti

KW Empower

Last Buyer's Agent

Sarah West

Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,228

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Prepaid Parking

Home Design

  • Masonry

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 3 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 882008780

Community Details

Overview

  • Association fees include alarm system, common area maintenance, exterior building maintenance, reserve funds, snow removal
  • Mid-Rise Condominium
  • Rittenhouse Square Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,228

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$362 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 721.39
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 262

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Prepaid
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 362.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Ext Bldg Maint, Reserve Funds, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: SC
  • Lot Dimensions: 25.00 x 125.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CMX3

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 6161.00
  • Tax Annual Amount: 11228.00
  • Assessor Parcel Number: 882008780
  • Tax Lot: 95
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/30/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $1,450,000 0.0% $721 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,450,000 -- $721 / 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 $2,741 $1,265,900 $189,900 $1,076,000
2024 $2,741 $1,265,900 $189,900 $1,076,000
2023 $2,741 $1,305,100 $195,800 $1,109,300
2022 $18,267 $195,800 $195,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH927740

Bright MLS

APN: 888800586