NOT LISTED FOR SALE

The Residences at Two Liberty Place 50 S 16th St Unit 4407 Philadelphia, PA 19102

Center City West Neighborhood

Estimated Value: $656,912 - $827,000

2 Beds
2 Baths
1,150 Sq Ft
$641/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $635,000 $552 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,113/month

About This Home

As of October 2019

Posh & Plush fully furnished one bedroom & den or two-bedrooms, 2 full baths condominium at The Residences at Two Liberty in center city. Leave the vibrant mix of the city streets below as you enter the private resident's lobby with 24/7 door staff and concierge. Key fobbed elevators give access to your residence and the 37th-floor amenity level. Front row seats to the east-facing views of a historic landmark, Philadelphia’s city hall, and stunning river and bridge views for miles. An open living room, dining room, and kitchen layout offer breathtaking views through the wall of windows. The main bedroom is spacious with a custom-built closet, 4-pc. marble master bath with custom vanities; The den/bedroom is perfect for guest quarters or an office. The ultra-kitchen features granite countertops & breakfast counter, Miele cooking appliances & Nespresso machine, a Sub-Zero refrigerator/freezer, a wine cooler, a Kohler sink, plus custom cabinets. Immediate occupancy in this tastefully furnished home. Four on-site STORAGE units are included. Pet-friendly. On-site Parking: The Association fee includes 24/7 concierge staff, media room, fitness center, business center, resident’s lounge, endless pool, steam showers and saunas, billiard room & chauffeur-driven car service. Valet parking is available at an additional cost. Centrally located and steps away from all the city have to offer convenient access to all regional rails, helipads, and the airport.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 1, 2019
Sold by
Klemme Robert W and Klemme Diane
Bought by
Weiss Michael and Weiss William
Seller's Agent
Mary Genovese Colvin
Compass RE
Buyer's Agent
Mary Genovese Colvin
Compass RE
List Price
$695,000
Sold Price
$635,000
Premium/Discount to List
-$60,000
-8.63%
Current Estimated Value
$736,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,978
Avg. Annual Appreciation
2.66%
Original Mortgage
$485,000
Outstanding Balance
$428,718
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$308,260

Purchase Details

Closed on
Jul 30, 2008
Sold by
The Residences At Two Liberty Place Lp
Bought by
The Robert W & Diane Klemme Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Weiss Michael $635,000 Commonground Abstract Llc
The Robert W & Diane Klemme Family Trust $1,020,968 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Michael $485,000
Previous Owner The Robert W & Diane Klemme Family Trust $714,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Rented $4,500 0.0% --
07/13/2023 07/13/23 Price Changed $4,500 -18.2% $4 / Sq Ft
09/07/2022 09/07/22 For Rent $5,500 0.0% --
10/01/2019 10/01/19 Sold $635,000 -8.6% $552 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $695,000 0.0% $604 / Sq Ft
07/01/2017 07/01/17 Rented $4,200 -23.6% --
06/26/2017 06/26/17 Under Contract -- -- --
01/11/2017 01/11/17 For Rent $5,500 +10.0% --
05/01/2016 05/01/16 Rented $5,000 0.0% --
04/29/2016 04/29/16 Under Contract -- -- --
02/22/2016 02/22/16 For Rent $5,000 0.0% --
03/02/2015 03/02/15 Rented $5,000 -7.4% --
03/02/2015 03/02/15 Under Contract -- -- --
02/02/2015 02/02/15 For Rent $5,400 -1.8% --
10/01/2012 10/01/12 Rented $5,500 0.0% --
10/01/2012 10/01/12 Under Contract -- -- --
09/14/2012 09/14/12 For Rent $5,500 -- --

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 $8,001 $641,200 $64,100 $577,100
2024 $8,001 $641,200 $64,100 $577,100
2023 $8,001 $571,600 $57,200 $514,400
2022 $8,889 $571,600 $57,200 $514,400
2021 $9,408 $0 $0 $0
2020 $9,408 $0 $0 $0
2019 $9,408 $0 $0 $0
2018 $4,836 $0 $0 $0
2017 $4,836 $0 $0 $0
2016 $5,027 $0 $0 $0
2015 $4,812 $0 $0 $0
2014 -- $762,000 $15,900 $746,100
2012 -- $49,696 $9,952 $39,744
Source: Public Records

Agents Affiliated with this Home

  • Leanne Hirsch

    Seller's Agent in 2024

    Leanne Hirsch

    KW Empower

    (215) 808-5480

    1 in this area

    37 Total Sales

    Leanne Hirsch
    Section Image
  • Thatcher Brusilow

    Buyer's Agent in 2024

    Thatcher Brusilow

    Compass RE

    (610) 937-3822

    1 in this area

    35 Total Sales

    Thatcher Brusilow
    Section Image
  • Mary Genovese Colvin

    Seller's Agent in 2019

    Mary Genovese Colvin

    Compass RE

    (215) 806-1500

    6 in this area

    117 Total Sales

    Mary Genovese Colvin
    Section Image
  • Margaux Genovese Pelegrin

    Seller Co-Listing Agent in 2019

    Margaux Genovese Pelegrin

    Compass RE

    (215) 205-2400

    13 in this area

    350 Total Sales

    Margaux Genovese Pelegrin
    Section Image
  • Whitney Garrett

    Buyer's Agent in 2017

    Whitney Garrett

    Mallin Panchelli Nadel Realty Inc

    (215) 906-6800

    7 Total Sales

    Whitney Garrett
    Section Image
  • Noah Ostroff

    Buyer's Agent in 2016

    Noah Ostroff

    KW Empower

    (215) 607-6007

    5 in this area

    775 Total Sales

    Noah Ostroff
    Section Image
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About The Residences at Two Liberty Place

Map

Pennsylvania Philadelphia County Philadelphia 19102 Center City West

50 S 16th St Unit 4407, Philadelphia, PA

This home is located at 50 S 16th St Unit 4407, Philadelphia, PA 19102 and is currently estimated at $736,978, approximately $640 per square foot. 50 S 16th St Unit 4407 is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Russell Byers Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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