9 months on rocket

1316 N Franklin St Unit 5, Philadelphia, PA, 19122

$465,000

Home List Price

$5,522*

Closing Credit

2 Bedrooms
3 Full Baths
1,802 SqFt
$258/SqFt
Condo

Location

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1316 N Franklin St Unit 5, Philadelphia$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPrivate, Driveway
Year Built2021
HeatingForced Air
CoolingCentral Air
MLS #PAPH2334462
StatusActive
(ACTIVE)

About 1316 N Franklin St Unit 5

Tax Abatement Plus Private Parking Plus Private Roof Deck! Seven years of tax abatement remain. Buyer may be eligible for a $10,000 Lender Credit at closing if use TD Bank. Contact the listing agents for more details. Exquisitely crafted bi-level condo situated in South Kensington! This residence exudes grandeur! Spanning 1800 square feet, this penthouse condo boasts contemporary amenities and an expansive open floor plan. On the first floor, discover an inviting eat-in kitchen adorned with Quartz countertops, sleek white cabinets featuring soft-close doors and drawers, stainless steel appliances, a walk-in pantry, glass backsplash in a striking herringbone pattern, and a center island with a stylish waterfall edge. This level also encompasses a generous family room with floor-to-ceiling windows, a dining area, a powder room, and an additional cozy sitting area. Ascend to the second floor to find two bedrooms, two bathrooms, and a convenient laundry area and mechanical room. The primary suite serves as a tranquil sanctuary, offering a spacious bedroom, a walk-in closet, and a stunning master bathroom featuring a sizable glass-enclosed shower with a comfortable bench. Additionally, this unit boasts over 730 square feet of outdoor space on the roof deck, showcasing breathtaking views of the city and the iconic Ben Franklin Bridge. Further enhancements include metal railings, pristine 7-inch white oak floors, an intercom system, and floor-to-ceiling windows. Perfectly situated, relish in the vibrant ambiance of South Kensington, Fishtown, and Northern Liberties! These condos are mere blocks away from the plethora of shops, restaurants, and coffee houses that adorn Frankford Ave, Fishtown, and Northern Liberties.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 2021
  • Stories: 2
  • Living Area: 1,802 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Jie Li

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Private, Driveway

Virtual/3D Tour

  • Virtual Tour: 1316 N Franklin St Unit 5
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Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: USE GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $258/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1316 N Franklin St Unit 5 vs Philadelphia

275 DAYS ON ROCKET

+230 Days

$465,000

+$199.6K More

$258/SqFt

+$57 More

KEY TAKEAWAY

This property is $199.6K more than the Median Sold Price and $57/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2334462

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Jie Li

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,388

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882134
6
/10
  • John Moffet Elementary School

  • 127 W Oxford St

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-882135
7
/10
  • Horatio B. Hackett School

  • 2161 E York St

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-882136
2
/10
  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 1.45 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,331. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1316 N Franklin St Unit 5

What is the listing price of this property?

The listing price of 1316 N Franklin St Unit 5 property is $465,000.

What type of property is this?

The property 1316 N Franklin St Unit 5 is a condo located in Philadelphia, Pennsylvania, 19122.

Is this property for sale now?

Active Listing: 1316 N Franklin St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1316 N Franklin St Unit 5 has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1316 N Franklin St Unit 5 is 1,802 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1316 N Franklin St Unit 5 is 2021.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›1316 N Franklin St Unit 5

This home is located at 1316 N Franklin St Unit 5 in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 1,802 square foot home was built in 2021. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $465,000.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.

From Rocket Homes Real Estate and based on county public records data.

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