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$560,000

Beds
4
Baths
3.0
sq ft
2,899

516 Pierce St, Philadelphia, PA 19148

516 Pierce St

PHILADELPHIA, PA 19148

  • 28 days on market
    • Price drop $20,000↓
Fantastic opportunity to own an extra-large 4 bed, 3 full bath newer construction home with a finished basement, amazing roof deck, and remaining tax abatement located around the corner from Dickinson Square Park. An impeccable white brick façade with black windows leads to the large living room with soaring ceilings, recessed lighting and hardwood floors. Beyond the dining area is a custom chef’s kitchen with 42” cabinets, quartz counters with peninsula and stainless appliances. A rear door leads to an oversized back patio ideal for BBQ’s and gatherings with family and friends. The 2nd level offers two large front and rear bedrooms, each with ample closet space, a modern hall bath with a tub and a convenient stackable W/D laundry closet. Proceed to the 3rd level past the wet bar and enter a massive primary suite with custom ceiling and accent wall, an enormous walk-through closet and a sumptuous bathroom with dual vanity and stall shower with oversized niche and rainmaker shower head. A pilot house leads to the coveted fiberglass roof deck offering unobstructed 360-degree views of the city and skyline. In the finished lower level, you’ll find a 4th rear bedroom plus a bonus front flex room ideal for use as a den, office, media room or gym. A full bath completes this level with custom tile work and a large stall shower with frameless glass door. A tremendous value for a large, well-constructed home on a quiet block in a booming part of South Philly nestled between Passyunk Square and Pennsport. Many nearby cafes and restaurants plus easy access to public transit, the subway or a short walk or bike ride to Center City. Low taxes with remaining abatement, central air, 4 beds, high ceilings, beautiful roof deck and primary suite with tons of closet space. Will not last, schedule your showing today!

Details

Property type

Townhouse

Est. home value

$456,828

Lot size

695 sq ft

Price per sq ft

$194

Year built

2022

Annual property taxes

$1,679

HOA

No

Price History

03/26/2025
Bright

Bright #PAPH2451414

Price change
$560,000
-3.45%
03/03/2025
Bright

Bright #PAPH2451414

Listed
$580,000
+0.21%
01/22/2025
Bright

Bright #PAPH2401640

Removed
$578,800

Schools & Community

Neighborhood: 

Dickinson Narrows

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

Parke Bank

Loan start date

May 2022

Original loan amount

$258,000

Est. remaining balance

Not provided

Interest rate

4.16%

Loan type

Purchase Money Mortgage, 30 year

Seller

Run Lin

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 6:30 PM

Listing updated: 03/26/2025 at 5:46 PM

Listed by: Bryan J Capone, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2451414

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