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$375,000

Beds
2
Baths
1.5
sq ft
1,000

558 N 16th St Unit 3, Philadelphia, PA 19130

558 N 16th St Unit 3

PHILADELPHIA, PA 19130

  • 1 day on market
    • Open house Feb 02
Offering an unbeatable Spring Garden location steps from dining and shopping, 558 N 16th St #3 is a 2 bed, 1.5 bath condo with a private balcony, sat on the top two levels of a triplex. The building greets you out front with a classic red brick facade. Inside the unit, soaring ceilings and luxury flooring frame the bright and airy living room. A pair of towering windows, intricate molding, and a fireplace add character to the space, plus there's room for a dining area. Completing the main level is a kitchen with a dishwasher and a storage closet off the entry. The unit's second level is split, allowing for privacy in each of the bedrooms. Off the stairs is a bright bedroom and a modern full bathroom with distinctive tile floors, a glass-enclosed shower, and brass-toned fixtures. Past the conveniently placed laundry closet is a large, sunlit primary suite boasting a vaulted ceiling, a walk-in closet, and a half-bathroom. Topping off the unit is a serene balcony, perfect for barbecues or relaxing with a good book. In addition to everything inside, this fantastic location earns a Walk Score of 94! Around the corner, Spring Garden St and Broad St are lined with restaurants, stores, gyms, and markets. Sprawling parks are steps away, plus colleges and museums are close. There's also easy access to public transit, I-676, and I-76. Schedule your tour today!

Details

Property type

Condominium

Est. home value

$323,334

Lot size

Unknown

Price per sq ft

$375

Year built

1900

Annual property taxes

$4,157

HOA

No

Price History

02/01/2025
Bright

Bright #PAPH2440608

Listed
$375,000
+29.31%
01/13/2023
Bright

Bright #PAPH2144064

Sold
$290,000
+8.82%
10/31/2016
Bright

Bright #1002507904

Sold
$266,500

Schools & Community

Neighborhood: 

Spring Garden

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Negotiation Insights

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

Seller could get up to

$189,599
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$155,401
Cash to seller
$189,599

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

January 2023

Original loan amount

$159,000

Est. remaining balance

$155,401

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Jennifer Li

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: 02/02/2025 at 12:50 AM

Listing updated: 02/01/2025 at 12:29 AM

Listed by: Bibe J Chin, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2440608

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