NOT LISTED FOR SALE

The Residences at Two Liberty Place 50 S 16th St Unit 4406 Philadelphia, PA 19102

Center City West Neighborhood

Estimated Value: $1,002,000 - $1,081,000

2 Beds
2.5 Baths
1,825 Sq Ft
$2,079/mo HOA Fee

Last Sold September 28, 2021

Last sale price $970,000 $532 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,101/month

8 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 15Th Street
  • Transportation Service
  • Fitness Center
  • 24-Hour Security
  • 3-minute walk to John F. Collins Park

About This Home

As of September 2021

The Residences at Two Liberty Place offers boutique-style living with discretion and attention to detail in one of the most notable buildings in Philadelphia. All residences at Two Liberty sit high atop the city and enjoy breathtaking views. Residence 4406 is an end unit, offering additional privacy and expanded views, from the serene sights of the Delaware River to the entrancing lights of Center City proper from every space. The residence includes two bedrooms, with an exceptionally spacious master suite, two full en-suite baths, and a powder room in the foyer. The kitchen in the open layout living area is ideal for entertaining, or enjoying city views while cooking with Sub-Zero and Miele appliances. Additional in-home amenities include a custom walk-in closet in the primary bedroom, soaking tub, glass enclosed walk-in shower, and towel warmer in the primary bedroom en-suite, custom built-in bar and media center in the living room, custom shelving in dining room, and in the kitchen, a Sub-Zero wine fridge and built-in Miele coffee machine. Building amenities includes attentive 24 hour concierge, chauffeured Mercedes Benz, fitness center, endless pool, boardroom, media and entertainment room, and resident lounge. Two conveniently located, on-floor storage units are included in sale. On-site monthly parking is available for lease.

Last Agent to Sell the Property

Gaurav Gambhir

KW Empower License #AB067538 Listed on: 08/01/2021

KW Empower

Co-Listed By

JENNIFER RHEE

SERHANT PENNSYLVANIA LLC License #RS333583

Last Buyer's Agent

Richard Li

Liberty Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,747

Year Built

  • Built in 1990

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $2,079 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 1,825 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Bar
  • Recessed Lighting
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 888092180

Community Details

Overview

  • $4,158 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, pool(s), health club
  • High-Rise Condominium
  • The Residences At Two Liberty Community
  • Center City Subdivision

Amenities

  • Concierge
  • Doorman
  • Transportation Service
  • Meeting Room

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,747

Year Built

Built in 1990

Lot Details

0

HOA Fees

$2,079 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: The Residences at Two Liberty Place offers boutique-style living with discretion and attention to detail in one of the most notable buildings in Philadelphia. All residences at Two Liberty sit high atop the city and enjoy breathtaking views. Residence 4406 is an end unit, offering additional privacy and expanded views, from the serene sights of the Delaware River to the entrancing lights of Center City proper from every space. The residence includes two bedrooms, with an exceptionally spacious master suite, two full en-suite baths, and a powder room in the foyer. The kitchen in the open layout living area is ideal for entertaining, or enjoying city views while cooking with Sub-Zero and Miele appliances. Additional in-home amenities include a custom walk-in closet in the primary bedroom, soaking tub, glass enclosed walk-in shower, and towel warmer in the primary bedroom en-suite, custom built-in bar and media center in the living room, custom shelving in dining room, and in the kitchen, a Sub-Zero wine fridge and built-in Miele coffee machine. Building amenities includes attentive 24 hour concierge, chauffeured Mercedes Benz, fitness center, endless pool, boardroom, media and entertainment room, and resident lounge. Two conveniently located, on-floor storage units are included in sale. On-site monthly parking is available for lease.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Stainless Steel Appliances, Washer
  • Entry Floor: 44
  • Flooring Type: Hardwood
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1825
  • Living Area Sq Ft: 1825
  • Price Per Sq Ft: 546.58
  • Above Grade Finished Sq Ft: 1825
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Doorman
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2078.88
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Exercise Room, Fitness Center, Meeting Room, Pool - Indoor, Security, Transportation Service
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pool(s), Health Club
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 4157.76

Schools

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

Lot Info

  • Improvement Assessed Value: 948150.00
  • Land Assessed Value: 105350.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CMX5

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5585493
  • School Tax: 8092.00
  • Tax Annual Amount: 14747.00
  • Assessor Parcel Number: 888092180
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/28/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 22, 2021
Sold by
Christopher Prabhu
Bought by
Li Richard Quan
Seller's Agent
Gaurav Gambhir
KW Empower
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$997,500
Sold Price
$970,000
Premium/Discount to List
-$27,500
-2.76%
Total Days on Market
8
Current Estimated Value
$1,049,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,458
Avg. Annual Appreciation
2.16%
Original Mortgage
$727,500
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
The Residences At Two Liberty Place Lp
Bought by
Prabhu Christopher
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Richard Quan $970,000 Quest Abstract
Prabhu Christopher $1,523,089 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Richard Quan $727,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $970,000 -2.8% $532 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $997,500 0.0% $547 / Sq Ft
02/01/2021 02/01/21 Rented $4,900 0.0% --
01/29/2021 01/29/21 Under Contract -- -- --
12/12/2020 12/12/20 Price Changed $4,900 -10.9% $3 / Sq Ft
12/01/2020 12/01/20 For Rent $5,500 0.0% --
03/30/2020 03/30/20 Rented $5,500 0.0% --
02/29/2020 02/29/20 Under Contract -- -- --
02/12/2020 02/12/20 For Rent $5,500 -- --
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 $13,567 $1,027,300 $102,700 $924,600
2024 $13,567 $1,027,300 $102,700 $924,600
2023 $13,567 $969,200 $96,900 $872,300
2022 $14,747 $969,200 $96,900 $872,300
2021 $14,747 $0 $0 $0
2020 $14,747 $0 $0 $0
2019 $7,580 $0 $0 $0
2018 $7,580 $0 $0 $0
2017 $7,580 $0 $0 $0
2016 $7,635 $0 $0 $0
2015 $7,309 $0 $0 $0
2014 -- $1,156,000 $25,300 $1,130,700
2012 -- $78,848 $15,776 $63,072
Source: Public Records

Agents Affiliated with this Home

  • Gaurav Gambhir

    Seller's Agent in 2021

    Gaurav Gambhir

    KW Empower

    (215) 478-6339

    14 in this area

    195 Total Sales

    Gaurav Gambhir
    Section Image
  • Paul Podgorski

    Seller's Agent in 2021

    Paul Podgorski

    Premier Real Estate Corp.

    (856) 848-3554

    52 Total Sales

    Paul Podgorski
    Section Image
  • JENNIFER RHEE

    Seller Co-Listing Agent in 2021

    JENNIFER RHEE

    SERHANT PENNSYLVANIA LLC

    (267) 266-7044

    12 in this area

    59 Total Sales

    JENNIFER RHEE
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Li

    Liberty Real Estate

    (267) 767-7612

    1 in this area

    72 Total Sales

    Richard Li
    Section Image
  • Andy Oei

    Buyer's Agent in 2020

    Andy Oei

    BHHS Fox & Roach

    (215) 695-5042

    138 in this area

    473 Total Sales

    Andy Oei
    Section Image

  • K

    Buyer Co-Listing Agent in 2020

    Karen Galvin

    Kurfiss Sotheby's International Realty

    (215) 833-3438

    8 in this area

    32 Total Sales

    Karen Galvin
    Section Image
See All Agents

About The Residences at Two Liberty Place

Map

Source: Bright MLS

MLS Number: PAPH2016394

Bright MLS

APN: 888092180

Pennsylvania Philadelphia County Philadelphia 19102 Center City West

50 S 16th St Unit 4406, Philadelphia, PA

This home is located at 50 S 16th St Unit 4406, Philadelphia, PA 19102 since 01 August 2021 and is currently estimated at $1,049,458, approximately $575 per square foot. This property was built in 1990. 50 S 16th St Unit 4406 is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Russell Byers Charter School.

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