1516 Spruce Street, Philadelphia, PA 19102

Rittenhouse Square, Center City, Philadelphia
Building in Rittenhouse Square
4 Stories
Built in 1920
1516 Spruce St - Photo 1
1516 Spruce St, Apt 1B
Rittenhouse Square, Center City, Philadelphia
$1,400
|
Studio
|
1 Bath
By RH Advisors Bright
Welcome to 1516 Spruce Street, a building located in Rittenhouse Square, Center City, Philadelphia in Philadelphia, PA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1920. There are a total of 4 floors. Finally, 1516 Spruce Street was most recently sold on Mar 2, 2005 for $1,200,000. The market value for the land that the building sits on has been listed at $243,190. In addition, improvements upon the building have an added value of $2,188,710. In total, the total market value of the property as a whole is $2,431,900. According to local assessors, the total value of the building is currently valued at $2,431,900. Specifically, the value of the land that the property sits on has been assessed at $243,190. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1920
Effective Year Built
1920
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
Masonry
Building Style
unknown
Exterior Walls Type
Brick
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
4
Living Units
9
Business/Commerical Units Count
8
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Underground/basement
Parking Space Count
1
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Location Influence Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
NISKOFF CO
Land Acres
0.073
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
178 E OF 16TH ST
Ownership
Current Owner
R & S REALTY I LP
Current Owner's Name
R & S REALTY I LP
Previous Owner
LEVITAN HARVEY H
Previous Owner's Name
R & S REALTY I LP
Previous Owner 2
LEVITAN JOAN R
Mailing Opt Out
T
Owner Address - City
PHILADELPHIA
Owner Address - State
PA
Owner Address - ZIP Code
19102
Owner Before Previous Owner
LEVITAN HARVEY H
Owner Before Previous Owner 2
LEVITAN JOAN R
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Philadelphia City School District
School Tax School District
PHILADELPHIA SD
Census Tract
001204
Census Block Code
1001
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
428
Census - Combined Statistical Area - Area Name
Philadelphia-Reading-Camden, PA-NJ-DE-MD
Census - County FIPS
42101
Census - Full FIPS
421010012021001
Census - Metropolitan Division - Area Code
37964
Census - Metropolitan Division - Area Name
Philadelphia, PA
Census - Metro Micro Statistical Area - Area Code
37980
Census - Metro Micro Statistical Area - Area Name
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4260000
Census Source
US Census Bureau
Census State FIPS
42
Census Tract Code
001202
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4218990
School District - Unified - Name
Philadelphia City School District
Zoning
Zoning
RMX3
Geography
Assessors Map Reference
3S18183
Account Number
018504
District
WARD #08
Parcel
88-1018504
Lot Code
unknown
Latitude
39.947
Longitude
-75.1674
FIPS
42101
Mailing Carrier Code
C036
Mailing Full Street Address
1520 SPRUCE ST APT 101
Mailing House Number
1520
Mailing Street Mode
ST
Mailing Street
SPRUCE
Mailing Unit Number
101
Mailing Unit Type
APT
Mailing 4-Digit Zip Code
4506
Old APN
3S18183
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-01-22 22:48:00
UCID Flag
C
More About The Building
In total, the building area is listed as 10,904 square feet. The depth of the property lot was measured at 1,450 square feet and the front at 220 square feet. The building itself has 10,904 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 1516 Spruce Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Rittenhouse Square area have a median price of $1,932. Those in the 25th percentile, have a price around $1,685. While those in the 75th percentile, have a price around $2,699. Typically, the buildings in this area have a median sqft of 875. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently a total of 27 studio listings. The median price for these types of listings is $1,450. That's $3.25 price per sqft.

  • There are currently a total of 82 one bedroom listings. The median price for these types of listings is $1,918. That's $2.56 price per sqft.

  • There are currently a total of 24 two bedroom listings. The median price for these types of listings is $2,806. That's $2.36 price per sqft.

  • There are currently a total of 7 three bedroom listings. The median price for these types of listings is $4,200. That's $2.95 price per sqft.

  • There are currently a total of 3 four bedroom listings. The median price for these types of listings is $10,000. That's $2.27 price per sqft.
About The Area
1516 Spruce Street is located in 19103. There are 22,911 people living here. There are 14,274 households. Most of these households have an average family size of 2.38 people. According to the census, 68% are currently renting while 32% own their homes. The median age of this population is around 34.2 years old. On average, most folks in the zipcode are unmarried. About 17% of folks speak a language other than English in this area. The area's employment rate is currently around 65.1%. Speaking of employment, the median income is $70,746. Most folks will commute by walking for around 23.7 minutes. Finally, we know that 7% of residents in the area have graduated with their high school degree. Additionally, 37% and 44% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Philadelphia County, Pennsylvania has a population of 1,559,938 people. Based on census records, there are 582,594 registered households. Families in this area are on average made up of 3.58 people per household. Most folks are unmarried. They are also typically around 33.9 years old. Does diversity matter to you? Right now, 22% of folks speak a language other than English here. About 48% rent while 52% purchased their homes. Right now, the community is made up of 34% of residents who have graduated with at least a high school degree. On top of that, 15% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 52.3%. Those employed, have a median income of $39,770. If you move here, you can expect to commute mostly by car for around 32.7 minutes.

Finally, let's take a look at the stats related to Philadelphia, PA - NJ - DE - MD Urban Area. The urban area is home to 5,512,461 people. A total of 2,044,033 households are registered here. With average family sizes being listed at 3.31 people. About 30% of residents have graduated with a high school degree. Of the rest, 21% have their Bachelor's and 15% have their Master's degree. Folks speaking a language other than English, make up about 16% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 29.1 minutes. Speaking of your commute, 59.5% of people in this area are employed. The recorded median income is currently at $62,593 per year. The median population age has been listed at 38 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 34% of the population while homeowners are at about 66% of the population.
$1,450
Studio Median Rent
$1,918
1BR Median Rent
$2,806
2BR Median Rent
$4,200
3BR Median Rent
PUBLIC TRANSIT
PATCO
16th St & Spruce St (Under 500 ft - 3 min walk)
Port Authority Transit Corporation
27
Spruce St & 15th St (Under 500 ft - 3 min walk)
SEPTA
PATCO
16th St & Pine St (Under 500 ft - 3 min walk)
Port Authority Transit Corporation
12
Locust St & 15th St (550 ft - 3 min walk)
SEPTA
PATCO
16th St & Locust St (550 ft - 3 min walk)
Port Authority Transit Corporation

Nearby Schools

(within attendance boundary)
Greenfield Albert M Sch  •  0.64 mi
2200 Chestnut St, Philadelphia, PA 19103
Public  •  Elementary  •  Grades KG to 8
Philadelphia City School District
3509 Spring Garden St, Philadelphia, PA 19104
Public  •  Middle School  •  Grades 5 to 7
Philadelphia City School District
Franklin Benjamin HS  •  1.15 mi
550 N Broad St, Philadelphia, PA 19130
Public  •  High School  •  Grades 9 to 12
Philadelphia City School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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