262 S 16TH ST #3 $1,450,000

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    262 S 16TH ST #3 PHILADELPHIA, PA 19102

    • 3 Beds
    • 3 Baths
    • 2,010 sq. ft.
    • Unit/Flat
    • MLS# PAPH927740
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    Views: 62 Days On Site: 344

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    Property Details

    Hightop Development is proud to bring you the newest boutique luxury condo building right in the heart of Rittenhouse! TwoSixTwo, located on Spruce and 16th Street, is ideally located in the highly sought after Rittenhouse neighborhood, overflowing with convenient amenities and opulent features. The Locust model at TwoSixTwo spans the entire 3rd floor and is a beautifully appointed 3 bedroom, 2.5 bathroom, 2,010 SqFt residence. At first glance from the street, you will notice TwoSixTwos beautifully designed brick facade building that lines up perfectly with the cornice lines of the historic buildings on the block. Dont let this fool you, as everything about this building is modernized to todays highest standards. Once you pass through the secure entrance to your private elevator, you are chauffeured to your home. The elevator opens up directly into your foyer that features custom millwork to hang your coats and tuck your shoes away. The East wing of the home is open and airy featuring a beautiful chefs kitchen, large dining room and spacious living area. The east facing oversized windows allowing an abundance of sunlight will warm up the room. The kitchen is designed to be the heart of the home and with the highest standards. Custom cabinetry, designer appliances and a beautiful island with waterfall quartz counters that easily accommodate 4 chairs, are just a few of the many features of the kitchen. The entire home has hardwood flooring that guide you passed the powder room, to the west wing of the home. A large bedroom sits off the foyer, while the laundry closet can be found further down the hall. A second bedroom and a full bathroom with designer finishes, are located at the rear of the residence. Completing this single level home is a luxurious Owner's Suite comprised of a large bedroom with Juliet Balcony and full custom walk-in closet. The indulgent, spa-like en-suite is adorned with a free standing soaking tub, rainfall shower head and a double vanity. One of the most unique features of TwoSixTwo is the light well that is cored through the building allowing natural light in to areas that would normally not receive it. The long list of building amenities include package concierge, cold storage, on-site storage, and an expansive roof deck with panoramic city views. Although no car is needed with such easy access to everything, the Seller will be including 1 year prepaid PARKING at a location of your choice. Most importantly, these homes have the FULL 10-YEAR TAX ABATEMENT and condo fees are less than 20 cents a square foot! This location cant be beat with tons of restaurants, shopping, and Rittenhouse Square park just steps away. Famous nearby landmarks and eateries include the Kimmel Center, Pennsylvania Academy of the Fine Arts, Lacroix Restaurant at The Rittenhouse, Parc, Devon, and Alma De Cuba. Theres easy access to surrounding neighborhoods and major roadways via Broad Street, Market Street, and public transportation. Opportunities to own a luxury, new construction home, in a boutique condo building located in Rittenhouse Square dont come often! Contact us today for in-person and virtual touring options!! *All square footage numbers are approximate and include above and below grade square footage. Square footage & real estate taxes should be verified by the buyer.*

    • General Features
      • Condo Coop Association Y/N Y
      • Condo Coop Fee 362.00
      • Condo Coop Fee Frequency Monthly
      • County PHILADELPHIA
      • HOA Condo Coop Fee Includes Alarm System,Common Area Maintenance,Ext Bldg Maint,Reserve Funds,Snow Removal
      • HOA Y/N N
      • Municipality PHILADELPHIA
      • New Construction Y/N Y
      • Pool No Pool
      • Sale Type Standard
      • Senior Community Y/N N
      • Tax Annual Amount 11228.00
      • Tax Year 2021
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 2021
      • Zoning CMX3
    • Building Features
      • Building Units Total 0
      • Cooling Fuel Natural Gas
      • Cooling Type Central A/C
      • Fireplaces Count 0
      • Garage Spaces Count 1.00
      • Garage Type Covered Parking
      • Garage Y/N Y
      • Heating Fuel Natural Gas
      • Heating Type Forced Air
      • Sewer Septic Public Sewer
      • Style Unit/Flat
      • Total Garage And Parking Spaces 1
      • Total Living Area 2010
    • Room Features
      • Bedrooms Count Main Level 3
      • Bedrooms 3
      • Bathrooms 3
      • Bathrooms Count Main Level 3.00
      • Bathrooms Half Main Level 1
      • Full Bathrooms 2
      • Half Bathrooms 1
      • Bathrooms Full Main Level 2
    • Property Features
      • Lot Size Dimensions 25.00 x 125.00
    • Schools
      • School District THE SCHOOL DISTRICT OF PHILADELPHIA

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    Neighborhood

    19102 (PHILADELPHIA) Demographics

    31 Median Age
    25,751 Population Density (per sq. mile)
    86% College Educated
    $97,839 Estimated Median Income
    715 Estimated Total Home Owners
    2,220 Estimated Total Renters
    24% / 76% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    4,867 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $337,500 Median Sales Price
    12 Homes Sold
    11 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,450,000
        3/1/2021 2:13:28 PM Status Changed Source: Multiple Listing Service New Value: PENDING
        8/21/2020 4:28:00 PM New in Database Source: Multiple Listing Service New Value: $1,450,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2021 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.