Check Availability

332 South 16th Street

332 South 16th Street, Philadelphia, PA 19102
Multifamily in Rittenhouse Square
332 South 16th Street has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The building has a total of 3 stories. In addition, 332 South 16th Street has 2,935 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 550 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 994 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. Finally, the property is currently sourcing its water from a water system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 332 South 16th Street was last sold in Jul 23, 2022 for $1,035,000. According to our calculations, that's $352.64 per sqft. Prior to that sales transaction, the property was sold for $1,100,000 in Nov 25, 2017. Current property owners are expected to pay $13,925 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 332 South 16th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $994,800. To break that down further, the land itself was valued at $298,440. While improvements to the property were assessed at a total of $696,360. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Masonry Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220513
05/13/2022
Loft
-
-
$1,299,999
bedrooms
Loft
bathrooms
-
-
-
-
Marc Bennett
Keller Williams Philly
20210202
02/02/2021
Loft
-
-
$1,850,000
bedrooms
Loft
bathrooms
-
-
-
-
Noah Ostroff
Keller Williams Philly

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 994
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 180
  • Total Building Area: 2,935
  • Gross Building Area: 2,935
  • Building Area: 2,935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.023
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 164 N PINE ST

Ownership

  • Current Owner : ROIC LLC
  • Previous Owner : 332 S 16TH STREET LLC
  • Owner Before Previous Owner: LOCAL AUTHORIZED INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001204

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 003S190306
  • Account Number: 538100
  • District: WARD #08
  • Parcel: 88-1538100
  • Block: 3S19
  • Lot: 306
  • Municipality: PHILADELPHIA
  • Latitude: 39.9466
  • Longitude: -75.1684

    Address

  • Full Address: 332 S 16th St
  • Address - House Number: 332
  • Street Direction: S
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C055
  • 4-Digit Zip Code: 4940
  • Zip Code: 19102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,925
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 1,711,302
  • High Value: 2,468,227
  • Low Value: 954,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $776,250
  • First Open Lien Mortgage Lender: BANK OF CLARENDON
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $776,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $994,800
  • Market Land Value: $298,440
  • Market Improvement Value: $696,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $994,800
  • Assessed Land Value: $298,440
  • Assessed Improvements Value: $696,360

    Sales

  • Current Sale Contract Date: Jul 23, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11894321378
  • Current Sale Price: $1,035,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54078702
  • Previous Sale Recording Date: Dec 05, 2017
  • Previous Sale Contract Date: Nov 25, 2017
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF CLARENDON
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $776,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SHARON SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 05, 2017
  • Previous Mortgage Loan Amount: $975,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Center City



Similar Buildings

Multifamily at 332 South 16th Street,

1628 Pine Street

  • 1 Unit for Sale
  • 4 Stories
1628 Pine Street, Philadelphia, PA 19103
Multifamily at 332 South 16th Street,

1619 Spruce Street

  • 1 Unit for Sale
1619 Spruce Street, Philadelphia, PA 19103
Multifamily at 332 South 16th Street,

1708 Manning Street

  • 1 Unit for Sale
  • 3 Stories
1708 Manning Street, Philadelphia, PA 19103
Multifamily at 332 South 16th Street,

1725 Pine Street

  • 2 Units for Sale
  • 4 Stories
1725 Pine Street, Philadelphia, PA 19103
Multifamily at 332 South 16th Street,

1706 Rittenhouse Square

  • 2 Units for Sale
1706 Rittenhouse Square, Philadelphia, PA 19103
Multifamily at 332 South 16th Street,

1522 Locust Street

  • 1 Unit for Sale
  • 3 Stories
1522 Locust Street, Philadelphia, PA 19102
Multifamily at 332 South 16th Street,

1708 Rittenhouse Square

  • 1 Unit for Sale
  • 3 Stories
1708 Rittenhouse Square, Philadelphia, PA 19103
Multifamily at 332 South 16th Street,

1520 Locust Street

  • 1 Unit for Sale
  • 2 Stories
1520 Locust Street, Philadelphia, PA 19102
Multifamily at 332 South 16th Street,

250 South 17th Street

  • 1 Unit for Sale
  • 4 Stories
250 South 17th Street, Philadelphia, PA 19103

Nearby Rentals

Unit for rent at 1533 Kater St, PHILADELPHIA, PA, 19146

$6,800 /mo

  • 3 Beds
  • 4 Baths
  • 2,200 ft²
1533 Kater St, PHILADELPHIA, PA, 19146 Listing by Joe Morrison
Unit for rent at 135 S 18th Street, PHILADELPHIA, PA, 19103

$9,150 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
135 S 18th Street #2B2BA, PHILADELPHIA, PA, 19103 Listing by Gaurav Gambhir
Unit for rent at 1523 Kater Street, PHILADELPHIA, PA, 19146

$6,750 /mo

  • 3 Beds
  • 4 Baths
  • 2,220 ft²
1523 Kater Street, PHILADELPHIA, PA, 19146 Listing by James Decker
Unit for rent at 1403 Spruce Street, PHILADELPHIA, PA, 19102

$4,875 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
1403 Spruce Street #2B15BA, PHILADELPHIA, PA, 19102 Listing by Gaurav Gambhir
Unit for rent at 1150 North American Street, Philadelphia, PA, 19123

$875 /mo

  • Loft
  • 1 Bath
1150 North American Street, Philadelphia, PA, 19123
Unit for rent at 1401 Spruce Street, PHILADELPHIA, PA, 19102

$4,575 /mo

  • 2 Beds
  • 1 Bath
  • 910 ft²
1401 Spruce Street #2B1805, PHILADELPHIA, PA, 19102 Listing by Andrea Desy Edrei
Unit for rent at 1700 Delancey Place, PHILADELPHIA, PA, 19103

$6,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,640 ft²
1700 Delancey Place, PHILADELPHIA, PA, 19103 Listing by Eliza Michiels

Frequently Asked Questions

What neighborhood is 332 South 16th Street located in?
The 332 South 16th Street is a multifamily located in the neighborhood of Rittenhouse Square in Center City, Philadelphia.
What is the average sales price for listings in 332 South 16th Street?
The average sales price for units in 332 South 16th Street is $0 currently.

Quantcast