$835,000
SOLD JAN 28, 2025
2 Beds
2 Baths
1,550 Sq Ft
$2,038/mo HOA Fee

Recently Sold

$539 Per Sq Ft

10% Below List Price

486 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to 15Th Street
  • Walk-In Closet
  • Stainless Steel Appliances
  • Family Room Off Kitchen
  • 3-minute walk to John F. Collins Park

About This Home

As of January 2025

Welcome to 50 S 16th Street, Unit 4002, a luxurious condo located in the heart of Center City Philadelphia within the iconic Liberty Two building. This stunning residence offers an exquisite living experience with two bedrooms and two bathrooms, all situated on the 40th floor, granting you unparalleled panoramic views of the vibrant cityscape. As you step into this well-appointed unit, you'll immediately be greeted by an elegant and modern interior, designed to cater to the most discerning tastes. The spacious living area boasts an open floor plan that seamlessly blends the living room, dining area, and kitchen, creating an inviting space for both entertaining guests and enjoying quiet moments with loved ones. The kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, sleek countertops, and ample storage space. Whether you're whipping up a quick breakfast or preparing a gourmet dinner, this kitchen is sure to inspire your culinary creativity. The master bedroom is a true sanctuary, offering a tranquil retreat after a long day. With expansive windows, you can wake up to the breathtaking sights of the Philadelphia skyline and the twinkling city lights at night. The en-suite bathroom is a spa-like oasis, featuring high-end fixtures, a soaking tub, a separate walk-in shower, and dual vanities, providing the ultimate indulgence and relaxation. The second bedroom is equally well-appointed and can be used as a guest room, home office, or whatever suits your lifestyle needs. The adjacent bathroom is tastefully designed and easily accessible for both guests and residents. Living in the Liberty Two building provides an array of premium amenities, including a 24-hour concierge service, a state-of-the-art fitness center & a residents' lounge. Additionally, you'll have access to secured parking for your convenience. The location of this condo is second to none, offering easy access to an abundance of cultural attractions, dining establishments, entertainment venues, and boutique shopping that Center City Philadelphia is renowned for. Whether you're strolling through Rittenhouse Square or exploring the nearby museums and theaters, this address puts you in the heart of it all. 50 S 16th Street, Unit 4002, presents an exceptional opportunity to experience luxury living at its finest with breathtaking city views, upscale amenities, and an unbeatable location. Embrace the ultimate urban lifestyle and make this magnificent condo your new home in the vibrant and historic city of Philadelphia.

Last Agent to Sell the Property

Christopher Thude

RE/MAX Access Listed on: 08/02/2023

RE/MAX Access

Co-Listed By

Steven Osiecki

RE/MAX Access License #RM420757

Last Buyer's Agent

Philippe Daouphars

KW Empower

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,860

Year Built

  • Built in 1990

HOA Fees

  • $2,038 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Family Room Off Kitchen
  • Stainless Steel Appliances
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more

Utilities

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

Listing and Financial Details

  • Tax Lot 442
  • Assessor Parcel Number 888092102

Community Details

Overview

  • $375 Capital Contribution Fee
  • High-Rise Condominium
  • Center City Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,860

Year Built

Built in 1990

Lot Details

0

HOA Fees

$2,038 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 48"+ Halls, Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 50 S 16th Street, Unit 4002, a luxurious condo located in the heart of Center City Philadelphia within the iconic Liberty Two building. This stunning residence offers an exquisite living experience with two bedrooms and two bathrooms, all situated on the 40th floor, granting you unparalleled panoramic views of the vibrant cityscape. As you step into this well-appointed unit, you'll immediately be greeted by an elegant and modern interior, designed to cater to the most discerning tastes. The spacious living area boasts an open floor plan that seamlessly blends the living room, dining area, and kitchen, creating an inviting space for both entertaining guests and enjoying quiet moments with loved ones. The kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, sleek countertops, and ample storage space. Whether you're whipping up a quick breakfast or preparing a gourmet dinner, this kitchen is sure to inspire your culinary creativity. The master bedroom is a true sanctuary, offering a tranquil retreat after a long day. With expansive windows, you can wake up to the breathtaking sights of the Philadelphia skyline and the twinkling city lights at night. The en-suite bathroom is a spa-like oasis, featuring high-end fixtures, a soaking tub, a separate walk-in shower, and dual vanities, providing the ultimate indulgence and relaxation. The second bedroom is equally well-appointed and can be used as a guest room, home office, or whatever suits your lifestyle needs. The adjacent bathroom is tastefully designed and easily accessible for both guests and residents. Living in the Liberty Two building provides an array of premium amenities, including a 24-hour concierge service, a state-of-the-art fitness center & a residents' lounge. Additionally, you'll have access to secured parking for your convenience. The location of this condo is second to none, offering easy access to an abundance of cultural attractions, dining establishments, entertainment venues, and boutique shopping that Center City Philadelphia is renowned for. Whether you're strolling through Rittenhouse Square or exploring the nearby museums and theaters, this address puts you in the heart of it all. 50 S 16th Street, Unit 4002, presents an exceptional opportunity to experience luxury living at its finest with breathtaking city views, upscale amenities, and an unbeatable location. Embrace the ultimate urban lifestyle and make this magnificent condo your new home in the vibrant and historic city of Philadelphia.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stainless Steel Appliances
  • Entry Floor: 40
  • Interior Amenities: Floor Plan - Open, Family Room Off Kitchen, Sprinkler System, Walk-In Closet(s)
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 564.52
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2038.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 375.00

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2024
  • Zoning: CMX5

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 6641.00
  • Tax Annual Amount: 11860.00
  • Assessor Parcel Number: 888092102
  • Tax Lot: 442
  • Tax Total Finished Sq Ft: 1550
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 01/28/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Jan 7, 2025
Sold by
Warner Thomas and Warner Andrea
Bought by
Greenberg Eyal and Greenberg Merav
Seller's Agent
Christopher Thude
RE/MAX Access
Buyer's Agent
Philippe Daouphars
KW Empower
List Price
$925,000
Sold Price
$835,000
Premium/Discount to List
-$90,000
-9.73%
Total Days on Market
486
Views
175
Current Estimated Value
$864,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,588
Avg. Annual Appreciation
10.46%
Original Mortgage
$584,500
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 26, 2021
Sold by
Hedayat Hirad
Bought by
Warner Thomas and Warner Andrea
Seller's Agent
Andy Oei
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Elizabeth Convery
Compass RE
List Price
$835,000
Sold Price
$800,000
Premium/Discount to List
-$35,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 25, 2018
Sold by
Hedayat Hirad
Bought by
Heuayat Hirad
Seller's Agent
Michael Fabrizio
RE/MAX Access
Buyer's Agent
Elizabeth Convery
Compass RE
List Price
$865,000
Sold Price
$860,000
Premium/Discount to List
-$5,000
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.45%
Original Mortgage
$688,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 26, 2018
Sold by
Milstein Drew
Bought by
Hedayat Hirad
Seller's Agent
Michael Fabrizio
RE/MAX Access
Buyer's Agent
Elizabeth Convery
Compass RE
List Price
$865,000
Sold Price
$860,000
Premium/Discount to List
-$5,000
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Wernik Malcolm B
Bought by
Milstein Drew

Purchase Details

Closed on
Mar 25, 2008
Sold by
The Residences At Two Liberty Place Lp
Bought by
Wernik Morton R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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 $835,000 None Listed On Document
Deed $800,000 Community First Abstract
Interfamily Deed Transfer -- American Legal Abstract Llc
Deed $860,000 American Legal Abstract Llc
Deed $700,000 None Available
Deed $956,899 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $584,500 Credit Line Revolving
Previous Owner $688,000 New Conventional
Previous Owner $688,000 New Conventional
Previous Owner $752,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $835,000 -4.6% $539 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $875,000 -2.8% $565 / Sq Ft
05/07/2024 05/07/24 Price Changed $899,799 0.0% $581 / Sq Ft
03/08/2024 03/08/24 Price Changed $899,800 0.0% $581 / Sq Ft
12/30/2023 12/30/23 Price Changed $899,899 0.0% $581 / Sq Ft
11/08/2023 11/08/23 Price Changed $899,900 -2.7% $581 / Sq Ft
08/18/2023 08/18/23 Price Changed $924,999 0.0% $597 / Sq Ft
08/02/2023 08/02/23 For Sale $925,000 +15.6% $597 / Sq Ft
03/30/2021 03/30/21 Sold $800,000 -4.2% $516 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $835,000 -2.9% $539 / Sq Ft
05/01/2018 05/01/18 Sold $860,000 -0.6% $555 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $865,000 -- $558 / 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 $11,861 $883,600 $88,300 $795,300
2024 $11,861 $883,600 $88,300 $795,300
2023 $11,861 $847,300 $84,700 $762,600
2022 $12,892 $847,300 $84,700 $762,600
2021 $12,892 $0 $0 $0
2020 $12,892 $0 $0 $0
2019 $12,892 $0 $0 $0
2018 $6,627 $0 $0 $0
2017 $6,627 $0 $0 $0
2016 $1,461 $0 $0 $0
2015 $4,779 $0 $0 $0
2014 -- $750,000 $21,500 $728,500
2012 -- $104,160 $13,408 $90,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2263468

Bright MLS

APN: 888092102