
262 S 16th St Unit 7 Philadelphia, PA 19102
Rittenhouse Square NeighborhoodEstimated payment $10,762/month
Highlights
- Forced Air Heating and Cooling System
- 1 Car Garage
- 2-minute walk to 15Th-16Th & Locust St
About This Home
Welcome to Unit 7 at 262 South 16th Street, a rare full-floor condominium offering over 1,400 square feet of refined living space in the heart of Rittenhouse Square. This two-bedroom, two-bath residence blends timeless elegance with modern comfort, featuring soaring 10.5-foot ceilings and expansive windows that bathe the home in natural light.Step off the private elevator directly into the home, where an open-concept layout invites effortless living and entertaining. The spacious living and dining area flows seamlessly onto a large private balcony, perfect for indoor-outdoor entertaining or enjoying a quiet city moment. At the heart of the home is a chef’s dream kitchen, showcasing custom cabinetry, designer appliances, and a grand center island with waterfall quartz countertops.A private roof deck crowns the home, offering panoramic city views—an exceptional space for dining al fresco, sunbathing, or evening relaxation.Finishing the home is the opulent primary suite comprised of a large bedroom with floor-to-ceiling windows, a walk-in closet, and an indulgent, spa-like en-suite adorned with a free-standing soaking tub, rainfall shower-heads, and a double vanity. The second bedroom is generously sized and served by a sleek full bathroom, offering flexibility for guests, work-from-home, or additional living space.Additional highlights include central air, hardwood floors throughout, in-unit laundry, and six years remaining on the tax abatement, ensuring long-term value. Seller is offering 1 year prepaid parking at 1500 Locust St Parking Garage (1 Block away)Perfectly positioned just steps from the lush greenery of Rittenhouse Square, this home is surrounded by acclaimed restaurants, boutique shops, and cultural landmarks—making it a rare offering for those seeking luxurious, low-maintenance living in one of Philadelphia’s most prestigious neighborhoods.
Open House Schedule
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Saturday, June 14, 202511:00 am to 1:00 pm6/14/2025 11:00:00 AM +00:006/14/2025 1:00:00 PM +00:00Ben Hooson-JonesAdd to Calendar
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,235
Year Built
- Built in 2020
HOA Fees
- $715 Monthly HOA Fees
Parking
- 1 Car Garage
- Prepaid Parking
Interior Spaces
- 1,407 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessible Elevator Installed
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Coming Soon on 6/14/25
- Tax Lot 95
- Assessor Parcel Number 888000326
Community Details
Overview
- $1,430 Capital Contribution Fee
- Association fees include exterior building maintenance, reserve funds, snow removal
- Rittenhouse Square Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,142 | $1,541,100 | $231,100 | $1,310,000 |
2024 | $3,142 | $1,541,100 | $231,100 | $1,310,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/22/2021 10/22/21 | Sold | $1,575,000 | -3.1% | $1,119 / Sq Ft |
08/20/2021 08/20/21 | Pending | -- | -- | -- |
03/26/2021 03/26/21 | For Sale | $1,625,000 | -- | $1,155 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,575,000 | Great American Abstract |
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Source: Bright MLS
MLS Number: PAPH2492060

APN: 888001300
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