3 months on rocket

1200 N 5th St, Philadelphia, PA, 19122

$1,399,900

Home List Price

$10,000*

Closing Credit

0 Baths
4,220 SqFt
$332/SqFt
House
Schools Nearby

Location

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1200 N 5th St, Philadelphia$1,399,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1925
HeatingForced Air
CoolingCentral Air
MLS #PAPH2315152
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 1200 N 5th St

A great investment opportunity on the corner of 5th & Girard with plenty of exposure, a former diner/restaurant is currently vacant and presents a value-add opportunity or a great opportunity to for an owner-user. The second commercial space is leased to a small salon. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has three years remaining on a partial tax abatement. Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1925
  • Living Area: 4,220 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Mario J Tropea Jr

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Kensington Creative & Performing Arts High School, Public District Grades 9-12
  • Kensington Health Sciences Academy, Public District Grades 9-12
  • James R. Ludlow Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: 5th & Girard

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,900
  • Price Per SqFt: $332/SqFt

Tax Information:

  • Annual Amount: $4,019
  • Tax Year: 2020
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Housing Market Comparison

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

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Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

1200 N 5th St vs Philadelphia

96 DAYS ON ROCKET

+42 Days

$1,399,900

+$1.1M More

$332/SqFt

+$137 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $137/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: #PAPH2315152

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Mario J Tropea Jr

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: 4/29/2024, 1:10:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 08, 2018Home Sold
$1,125,000
Oct 21, 2015Home Sold
$405,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,019 -
2019$3,979$543,300
2018$3,863$527,500
2017$3,863$276,000

History based on county public records data.

Payment Calculator

$7,054

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,263

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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.

Elementary School

school-card-donut-3132855
3
/10

  • James R. Ludlow Elementary School

  • 550 W Master St

  • 0.18 miles

  • Public District Grades PK-8

High School

school-card-donut-3132856
2
/10

  • Kensington Creative & Performing Arts High School

  • 1901 N Front St

  • 0.80 miles

  • Public District Grades 9-12

school-card-donut-3132857
2
/10

  • Kensington Health Sciences Academy

  • 2463 Emerald St

  • 1.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,340. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1200 N 5th St

What is the listing price of this property?

The listing price of 1200 N 5th St property is $1,399,900.

What type of property is this?

The property 1200 N 5th St is a house located in Philadelphia, Pennsylvania, 19122.

Is this property for sale now?

Active Listing: 1200 N 5th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1200 N 5th St are:
James R. Ludlow Elementary School: GreatSchools Rating 3/10
Kensington Creative & Performing Arts High School: GreatSchools Rating 2/10
Kensington Health Sciences Academy: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,019 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 8, 2018 for $1,125,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1200 N 5th St is 4,220 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1200 N 5th St is 1925.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›1200 N 5th St

This home is located at 1200 N 5th St in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 4,220 square foot home, which was built in 1925, sits on a 0.04 acre lot. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $1,399,900.

In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 481 were sold below. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $257,610.

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

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