1 year on rocket

1405 Frankford Ave Unit 502, Philadelphia, PA, 19125

$389,900

Home List Price

$4,630*

Closing Credit

2 Bedrooms
2 Full Baths
834 SqFt
$468/SqFt
Condo
Schools Nearby

Location

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1405 Frankford Ave Unit 502, Philadelphia$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built2018
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #PAPH2145932
StatusActive
(ACTIVE)

About 1405 Frankford Ave Unit 502

Welcome to this Gorgeous, ultra modern, sun dappled, 2 bed, 2 full bath unit at Penn Treaty Residences at 1405 Frankford Avenue. This Amazing condominium still has 6.5 years of a full tax abatement remaining and is located at the very heart of Fishtown, Philadelphia's most dynamic, vibrant and sought-after neighborhood! Situated directly behind Fishtown's historic, and newly remodeled, Rose Garden, enter this barely 3.5 year old, secure, 30 unit building and enjoy your urban oasis to the fullest. Entering #502 you will find rich mocha colored flooring throughout, an ideally located laundry closet and your open concept kitchen/living/dining room. The designer kitchen boasts double thick quartz countertops and island, high end GE stainless steel appliances including a double wall oven, cooktop stove and French door refrigerator. Each spacious bedroom offers great light and the primary boasts and en suite full bathroom as well. Your modern bathrooms both feature Italian tile flooring, Aqua Green accent tiling and porcelain vanities.This beautifully maintained building's amenities include a spacious common roof deck with spectacular 360 views including Center City and the Ben Franklin Bridge, storage bins for each unit, bike room in the basement, secure key fob entry and of course an elevator. Mere steps from La Columbe, Suraya, WM Mulherin's & Sons, Kensington Quarters, Ramona Susan's Bake Shop, Heffe Tacos, City Fitness gym and a myriad of other bars, restaurants, bakeries, souperies, specialty shops, nail salons, boutique clothiers and so much more. This is why Forbes magazine called Fishtown America's Hottest "New" Neighborhood in 2018 and it's only gotten better since. A 5 minute walk to the EL or multiple bus lines, easy access to I-76 & I-95, Walk & Bike Scores of 94 ("Paradise") so what are you waiting for? Make it yours today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2018
  • Living Area: 834 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Cooktop, Dryer, Oven, Oven, Gas Range, Range Hood, Refrigerator, Washer, Water Heater
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • 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
  • Adaire Alexander School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Corner of Frankford Ave & Belgrade Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $587
  • 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

1405 Frankford Ave Unit 502 vs Philadelphia

625 DAYS ON ROCKET

+571 Days

$389,900

+$132.2K More

$468/SqFt

+$273 More

KEY TAKEAWAY

This property is $132.2K more than the Median Sold Price and $273/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: #PAPH2145932

Listing Office:

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

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: 4/19/2024, 2:20:24 PM 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$587 -

History based on county public records data.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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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-560162
6
/10

  • Adaire Alexander School

  • 1300 E Palmer St

  • 0.20 miles

  • Public District Grades KG-8

High School

school-card-donut-560163
2
/10

  • Kensington Creative & Performing Arts High School

  • 1901 N Front St

  • 0.36 miles

  • Public District Grades 9-12

school-card-donut-560164
2
/10

  • Kensington Health Sciences Academy

  • 2463 Emerald St

  • 0.88 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 $58,449. The most common annual income of people living in Philadelphia, PA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Bridesburg / Kensington / Richmond, Philadelphia

What type of housing is available in Bridesburg / Kensington / Richmond, Philadelphia?

The predominance of townhouses in the housing stock of Bridesburg / Kensington / Richmond is an important part of its character. This community offers mainly two bedroom and three bedroom homes. About 55% of the population of this community own their home and 45% are renters. This part of the city experienced its most significant building boom prior to the 1960s, so most of the available properties are from this time period.

Is Bridesburg / Kensington / Richmond, Philadelphia a good place to live?

Bridesburg / Kensington / Richmond is a great area for home buyers who enjoy both indoor and outdoor activities. There are many things to do in this part of Philadelphia to discover. Despite the fact that there is a small selection of entertainment venues, there are a large number of people around most of the time, and finding one of the over 50 bars is very easy because they are generally situated in especially convenient locations. Main streets, including G Street, are excellent for those who like going out. There are about 30 green spaces close by for residents to relax in, including Tacony Creek Park, and they are very well-situated, making it easy to access them from most locations in Bridesburg / Kensington / Richmond.

Are things conveniently located in Bridesburg / Kensington / Richmond, Philadelphia?

Both general and specialty grocery stores are ordinarily accessible within a very short walk from any location in this area. Kensington Avenue is among the best streets for food stores. Likewise, owing to 450-odd restaurants and cafes in Bridesburg / Kensington / Richmond, there is generally a spot to get some food or drink just around the corner. Residents have access to a fair number of nearby clothing stores, for example along Front Street. With respect to education, in Bridesburg / Kensington / Richmond, home buyers will typically be able to reach both primary and secondary schools on foot. Along with public schools, there are private elementary and high schools.

What does the transportation in Bridesburg / Kensington / Richmond, Philadelphia look like?

Bridesburg / Kensington / Richmond offers property owners the choice between a diversity of modes of transportation. The reasonably good public transit access allows people to get to many destinations without needing a car. More precisely, property owners can depend on a multitude of rapid transit stations on the Market Frankford Line. There are about 10 bus lines passing through the community, and bus stops are generally nearby. Driving is also a fairly good medium of transportation in this part of Philadelphia. Most homes for sale are a reasonably short car ride from the nearest highway, such as Delaware Expressway. Active home buyers will enjoy the especially pedestrian-friendly nature of this area; meeting daily needs is very convenient on foot, and there are also a good number of businesses in proximity.

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Frequently Asked Questions About 1405 Frankford Ave Unit 502

What is the listing price of this property?

The listing price of 1405 Frankford Ave Unit 502 property is $389,900.

What type of property is this?

The property 1405 Frankford Ave Unit 502 is a condo located in Philadelphia, Pennsylvania, 19125.

Is this property for sale now?

Active Listing: 1405 Frankford Ave Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1405 Frankford Ave Unit 502 are:
Adaire Alexander School: GreatSchools Rating 6/10
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 $587 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1405 Frankford Ave Unit 502 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1405 Frankford Ave Unit 502 is 834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1405 Frankford Ave Unit 502 is 2018.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19125›1405 Frankford Ave Unit 502

This home is located at 1405 Frankford Ave Unit 502 in Philadelphia, PA and zip code 19125 in the Bridesburg / Kensington / Richmond neighborhood. This 834 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2022 and is currently priced at $389,900.

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. In March 2024 in Philadelphia, PA there were 4.6% more homes for sale than in February 2024. In March 2024 median list price was $257,610 and the average listing age was 54 days.

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

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