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$995,000

Beds
2
Baths
2.5
sq ft
1,875

50 S 16th St Unit 4501, Philadelphia, PA 19102

50 S 16th St Unit 4501

PHILADELPHIA, PA 19102

  • 11 days on market
THE VIEW BELONGS TO YOU! - Enjoy breathtaking panoramic city views from this two bedroom plus den, two and a half bath residence in the sky. Soaring 45 stories above the city, this impeccable 1,875 square foot home boasts walls of windows and offers some of the most incredible skyline and sunset views you won't find anywhere else. The chef's kitchen boasts granite counter tops and SUB ZERO and MIELE appliances. The primary bedroom suite offers ample closet space and a lavish marble bathroom with double sink vanities, an oversized soaking tub, and a large glass enclosed shower. The second bedroom is generously proportioned and features a large walk-in closet. The den area offers additional space and can be used as a third bedroom area, home office or media room. Association fees include a 24-hour concierge, chauffeur-driven car service, and access to a premier amenities floor featuring a state-of-the-art fitness center, an endless pool, a yoga studio, steam showers, and saunas. Residents will enjoy the opulent lounge with an entertainment area, gourmet kitchen facilities, card room, and conference rooms. Perfectly situated in the coveted Rittenhouse Square/Avenue of the Arts area, this pet-friendly residence is steps away from fine dining, exclusive shopping, world-renowned cultural destinations, and vibrant nightlife.

Details

Property type

Condominium

Est. home value

$1,101,356

Lot size

Unknown

Price per sq ft

$531

Year built

1990

Annual property taxes

$14,713

HOA

No

Price History

03/25/2025
Bright

Bright #PAPH2459934

Listed
$995,000
03/22/2025
Bright

Bright #PAPH2459934

Removed
$995,000
03/21/2025
Bright

Bright #PAPH2459934

Listed
$995,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wilmington Savings Fund Society Fsb

Loan start date

May 2017

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

Commercial, 20 year

Seller

Srinivas K Prasad and Gita Ram

Lender

Wilmington Savings Fund Society Fsb

Loan start date

February 2014

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Srinivas K Prasad and Gita Ram

Lender

Wilmington Savings Fund Society Fsb

Loan start date

February 2014

Original loan amount

$155,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Not Provided, 15 year

Seller

Srinivas K Prasad

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 6:05 PM

Listing updated: 04/01/2025 at 1:51 PM

Listed by: Andy Oei, BHHS Fox & Roach At the Harper, Rittenhouse Square Phone #: (215) 546-0550

MLS: Bright #PAPH2459934

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