NOT LISTED FOR SALE

724 N 16th St Unit 1 Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $342,000 - $378,940

2 Beds
2 Baths
997 Sq Ft
$157/mo HOA Fee

Last Sold September 12, 2024

Last sale price $350,000 $351 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,360/month

4 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Fairmount
  • 1 Fireplace
  • Wood Flooring
  • Main Floor Bedroom
  • 3-minute walk to Francisville Recreation Center

About This Home

As of September 2024

Multiple offers received. Best and final offers are due Monday August 12 at10am: This condo just a few blocks above Fairmount is a bit of a unicorn: it is in a two unit building with a first floor entry and unlike most in this area, there is no finished living space in the basement. When you enter, you'll arrive in the hallway which features a full bathroom with tub as well as a laundry closet. At the rear of the house you'll find the kitchen with darker brown cabinetry, a floating stainless island that's staying with the condo and stainless appliances rather than smaller kitchenettes you'd find in most condos in the area. There is room for a dining table as well as the living room here in an open concept. There are hardwoods throughout, plenty of windows an a handsome gas fireplace. At the front of the house is the first bedroom of two and has a nicely sized closet. This bedroom could easily hold a queen bed. Upstairs, you'll find a glass knee wall welcoming you into the primary suite. This gets covered in sunlight from the oversized windows and easily fits a king sized bed. There is a walk-in closet here. A full bathroom awaits with a walk in shower with glass door. There is potential to finish the entire unfinished, spacious basement into additional living space with its very atypically tall ceiling-the current owners used this as their gym and an additional home office. Walk to everything in the area: Rybread, Thirsty Dice and Engimono Sushi are all within a few blocks and so much more a few blocks further. Easy train access at Broad.

Last Agent to Sell the Property

Brooke Willmes

(267) 980-5858 brooke@brookeandcohomes.com Keller Williams Main Line License #RS288415 Listed on: 08/08/2024

Keller Williams Main Line

Last Buyer's Agent

Eli Qarkaxhia

(215) 731-4116 eli@qanduteam.com Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 2009

Lot Details

  • 871

HOA Fees

  • $157 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Poured Concrete
  • Masonry

Interior Spaces

  • 997 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Unfinished Basement

  • Interior Basement Entry
  • Basement Windows

Outdoor Features

  • Exterior Lighting

Schools

  • Waring Laura Elementary School

Utilities

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

Listing and Financial Details

  • Tax Lot N709
  • Assessor Parcel Number 888153930

Community Details

Overview

  • $236 Capital Contribution Fee
  • Association fees include common area maintenance, water, insurance
  • Low-Rise Condominium
  • Francisville Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,352

Year Built

Built in 2009

Lot Details

0

HOA Fees

$157 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: washer/dryer, refrigerator, stainless island in kitchen
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2009
  • Automatically Close On Close Date: Yes
  • Remarks Public: Multiple offers received. Best and final offers are due Monday August 12 at10am: This condo just a few blocks above Fairmount is a bit of a unicorn: it is in a two unit building with a first floor entry and unlike most in this area, there is no finished living space in the basement. When you enter, you'll arrive in the hallway which features a full bathroom with tub as well as a laundry closet. At the rear of the house you'll find the kitchen with darker brown cabinetry, a floating stainless island that's staying with the condo and stainless appliances rather than smaller kitchenettes you'd find in most condos in the area. There is room for a dining table as well as the living room here in an open concept. There are hardwoods throughout, plenty of windows an a handsome gas fireplace. At the front of the house is the first bedroom of two and has a nicely sized closet. This bedroom could easily hold a queen bed. Upstairs, you'll find a glass knee wall welcoming you into the primary suite. This gets covered in sunlight from the oversized windows and easily fits a king sized bed. There is a walk-in closet here. A full bathroom awaits with a walk in shower with glass door. There is potential to finish the entire unfinished, spacious basement into additional living space with its very atypically tall ceiling-the current owners used this as their gym and an additional home office. Walk to everything in the area: Rybread, Thirsty Dice and Engimono Sushi are all within a few blocks and so much more a few blocks further. Easy train access at Broad.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Water Heater, Washer/Dryer Stacked, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Intercom
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Intercom, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access, Poured Concrete, Unfinished, Windows
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 997
  • Living Area Sq Ft: 997
  • Price Per Sq Ft: 350.95
  • Above Grade Finished Sq Ft: 997
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 724

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting
  • 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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 157.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Insurance
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 236.00

Schools

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

Lot Info

  • Land Use Code: 551
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1839.00
  • Tax Annual Amount: 3352.00
  • Assessor Parcel Number: 888153930
  • Tax Lot: N709
  • Tax Total Finished Sq Ft: 997
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/12/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 12, 2024
Sold by
Gleeson Patrick Kevin
Bought by
Szczepanek Caroline
Seller's Agent
Brooke Willmes
Keller Williams Main Line
Buyer's Agent
Eli Qarkaxhia
Compass RE
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
4
Current Estimated Value
$362,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,985
Avg. Annual Appreciation
3.46%
Original Mortgage
$280,000
Outstanding Balance
$277,004
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$85,981

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 8, 2020
Sold by
Carmel Developments Inc
Bought by
Liddie Christopher
Seller's Agent
Keith Adams
Compass RE
Buyer's Agent
Brooke Willmes
Keller Williams Main Line
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$377,055
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 28, 2020
Sold by
Kohavi Ovadia and Kohavi Dalia
Bought by
Gleeson Patricia Kevin
Seller's Agent
Keith Adams
Compass RE
Buyer's Agent
Brooke Willmes
Keller Williams Main Line
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,055
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2009
Sold by
Carmel Development Inc
Bought by
Kohavi Ovadia and Kohavi Dalia
Source: Public Records

Range of Values:

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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
Szczepanek Caroline $350,000 None Listed On Document
Liddie Christopher $396,900 Prosperity Abstract Llc
Gleeson Patricia Kevin $340,000 Community First Abstract
Kohavi Ovadia $290,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szczepanek Caroline $280,000
Previous Owner Liddie Christopher $377,055
Previous Owner Gleeson Patricia Kevin $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $350,000 0.0% $351 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $349,900 +2.9% $351 / Sq Ft
08/07/2020 08/07/20 Sold $340,000 -2.6% $341 / Sq Ft View Prior Sale
07/02/2020 07/02/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $349,000 -- $350 / 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 $3,353 $311,300 $46,600 $264,700
2024 $3,353 $311,300 $46,600 $264,700
2023 $3,353 $239,500 $35,900 $203,600
2022 $3,047 $239,500 $35,900 $203,600
2021 $3,047 $0 $0 $0
2020 $3,047 $0 $0 $0
2019 $1,536 $0 $0 $0
2018 $488 $0 $0 $0
2017 $488 $0 $0 $0
2016 $265 $0 $0 $0
2015 $1,850 $0 $0 $0
2014 -- $189,300 $18,930 $170,370
2012 -- $24,352 $5,952 $18,400
Source: Public Records

Agents Affiliated with this Home

  • Brooke Willmes

    Seller's Agent in 2024

    Brooke Willmes

    Keller Williams Main Line

    (267) 980-5858

    4 in this area

    137 Total Sales

    Brooke Willmes
    Section Image
  • Eli Qarkaxhia

    Buyer's Agent in 2024

    Eli Qarkaxhia

    Compass RE

    (215) 731-4116

    19 in this area

    810 Total Sales

    Eli Qarkaxhia
    Section Image
  • Paul Fiorello

    Buyer Co-Listing Agent in 2024

    Paul Fiorello

    Compass RE

    (215) 375-4927

    4 in this area

    74 Total Sales

    Paul Fiorello
    Section Image
  • Keith Adams

    Seller's Agent in 2020

    Keith Adams

    Compass RE

    (215) 605-1027

    6 in this area

    160 Total Sales

    Keith Adams
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2384802

Bright MLS

APN: 888153930

Pennsylvania Philadelphia County Philadelphia 19130 Fairmount

724 N 16th St Unit 1, Philadelphia, PA

This home is located at 724 N 16th St Unit 1, Philadelphia, PA 19130 since 08 August 2024 and is currently estimated at $362,985, approximately $364 per square foot. This property was built in 2009. 724 N 16th St Unit 1 is a home located in Philadelphia County with nearby schools including Laura Wheeler Waring Public School, Benjamin Franklin High School, and People For People Charter School.

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