4 months on rocket

3028 Frankford Ave, Philadelphia, PA, 19134

$69,987

0.04 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #PAPH2370732
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 3028 Frankford Ave

Prime Land Opportunity in Philadelphia's Emerging Frankford Neighborhood Discover the potential of 3028 Frankford Ave, Philadelphia, PA 19134—a prime piece of land located in the rapidly developing Frankford neighborhood, soon to be designated as an empowerment zone. This unique opportunity offers endless possibilities for investors and developers looking to be part of Philadelphia’s growth and transformation. Property Highlights: Strategic Location: Situated in the heart of Frankford, this land is perfectly positioned in an area slated for significant economic revitalization and community development. Future Empowerment Zone: Benefit from future incentives and programs to foster business growth, job creation, and community improvements in this soon-to-be empowerment zone. Versatile Potential: Whether planning residential, commercial, or mixed-use development, this property offers a blank canvas to bring your vision to life. Thriving Community: Join a neighborhood on the rise, with increasing demand for housing, retail, and services driven by ongoing investments and urban renewal projects. Convenient Access: Enjoy proximity to public transportation, major highways, and local amenities, ensuring easy connectivity to the broader Philadelphia area. Why Invest in Frankford: Frankford is an up-and-coming neighborhood known for its rich history and vibrant community spirit. It promises significant growth opportunities as a possible future empowerment zone, making it an ideal location for forward-thinking investors and developers. The area is possibly set to benefit from targeted economic programs designed to stimulate local businesses and enhance the quality of life for residents. Key Details: Lot Size: 1620 Sq Ft Zoning: CMX-2 School District: Philadelphia City School District Proximity: Close to shops, restaurants, parks, and cultural attractions Take Action Now: Don’t miss out on this exceptional opportunity to invest in Philadelphia’s future. Secure your stake in the promising Frankford neighborhood and be part of its exciting transformation.

Property Details

Property Features

Listing Office:

  • Office Name: Fierce Realty Corp.
  • Office Phone: (484) 934-2744
  • Listing Agent: Deborah A. Spence

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Other

Directions Information:

  • Directions: On Google Maps

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,987

Tax Information:

  • Annual Amount: $318
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

3028 Frankford Ave vs Philadelphia

139 DAYS ON ROCKET

+95 Days

$69,987

-$191.8K Less

KEY TAKEAWAY

This property is $191.8K less than the Median Sold Price in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2370732

Listing Office:

  • Office Name: Fierce Realty Corp.
  • Office Phone: (484) 934-2744
  • Listing Agent: Deborah A. Spence

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: 11/14/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$318 -
2019$649$46,400
2018$207$14,800
2017$340$24,300

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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-62542
3
/10
  • Frances E. Willard School

  • 2900 Emerald St

  • 0.17 miles

  • Public District Grades KG-4

school-card-donut-62543
2
/10
  • Lewis Elkin Elementary School

  • 3199 D St

  • 0.52 miles

  • Public District Grades KG-4

school-card-donut-62544
3
/10
  • Richmond Elementary School

  • 2944 Belgrade St

  • 0.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,100. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3028 Frankford Ave

What is the listing price of this property?

The listing price of 3028 Frankford Ave property is $69,987.

What type of property is this?

The property 3028 Frankford Ave is land located in Philadelphia, Pennsylvania, 19134.

Is this property for sale now?

Active Listing: 3028 Frankford Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $318 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3028 Frankford Ave is 0.04 acres.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191343028 Frankford Ave

This home is located at 3028 Frankford Ave in Philadelphia, PA and zip code 19134 in the Bridesburg / Kensington / Richmond neighborhood. This home sits on a 0.04 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $69,987.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

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

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