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557 North 16th Street

557 North 16th Street, Philadelphia, PA 19130
1 Units For Sale
Unit for sale at 557-559 N 16TH ST, PHILADELPHIA, PA 19130

$1,500,000

  • Studio
557-559 N 16TH ST, PHILADELPHIA, PA 19130 Listing by Barry Polis

Local assessors in Philadelphia, PA have categorized 557 North 16th Street as a unknown type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 1,349 square feet. The linear feet between the front and back of the lot was measured at 780 ft and the front of the lot was measured at 170 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 557 North 16th Street has a total of 1,950 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Lots of unknown were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $7,916 in taxes each year. 557 North 16th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $565,500. If we break it down further, the land itself was valued at $113,100. Improvements to the property, however, were assessed at a total of $452,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Accessibility

ADA Access
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,349
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 170
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.031
  • Legal Description 1: 174 N OF BRANDYWINE

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 013300

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 005N190158
  • Account Number: 113400
  • District: WARD #08
  • Parcel: 08-4113400
  • Block: 5N19
  • Lot: 158
  • Municipality: PHILADELPHIA
  • Latitude: 39.9636
  • Longitude: -75.1643

    Address

  • Full Address: 557 N 16th St
  • Address - House Number: 557
  • Street Direction: N
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C016
  • 4-Digit Zip Code: 4097
  • Zip Code: 19130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,916
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 1,010,772
  • High Value: 1,457,846
  • Low Value: 563,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2007
  • First Open Lien Mortgage Loan Amount: $245,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2037

    Market Valuation

  • Market Total Value: $565,500
  • Market Land Value: $113,100
  • Market Improvement Value: $452,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $565,500
  • Assessed Land Value: $113,100
  • Assessed Improvements Value: $452,400

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 557 North 16th Street located in?
The 557 North 16th Street is a located in the neighborhood of Fairmount - Art Museum in North Philadelphia, Philadelphia.
How many listings are currently for sale in 557 North 16th Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 557 North 16th Street?
The average sales price for units in 557 North 16th Street is $1,500,000 currently.

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