1 year on rocket

1432 N Franklin St Unit 2, Philadelphia, PA, 19122

$334,000

Home List Price

$3,966*

Closing Credit

2 Bedrooms
2 Full Baths
Condo
Schools Nearby

Location

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1432 N Franklin St Unit 2, Philadelphia$334,000

Buyer Closing Credits

$3,966*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year BuiltNew Const., 2022
HeatingForced Air
CoolingCentral Air
MLS #PAPH2204116
StatusActive
(ACTIVE)

About 1432 N Franklin St Unit 2

The condo qualifies for a temporary interest rate buydown with an estimated savings to the buyer in excess of $414/month and $12,500 in total interest savings. 1st year interest rate will be in the 4%'s and the 2nd year interest rate will be in the 5%'s. Thoughtfully designed, beautiful condo in South Kensington! This unit is perfect for an owner occupant or an investor. This new construction condo features an eat-in kitchen with Quartz counters, 42" white cabinets with soft-close doors and drawers, stainless steel appliances, glass backsplash on a herringbone pattern and a peninsula for extra seating. This floor is complete with a living room, laundry area and two spacious bedrooms and two full bathrooms. There's more: white oak floors, intercom system and lots of natural sunlight. The FULL 10-year tax abatement has been approved! Low taxes! Great location! Enjoy the best of South Kensington, Fishtown and Northern Liberties! These condos are just blocks from all of the shops, restaurants and coffee houses that Frankford Ave, Fishtown and N Libs have to offer. The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2022
  • Stories: 1

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Keith P Adams

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Gas Range, Refrigerator, Water Heater
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Recessed Lighting, Soaking Tub, Sprinkler System, Tub Shower, Upgraded Countertops, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • James R. Ludlow Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: .

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $334,000
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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

1432 N Franklin St Unit 2 vs Philadelphia

437 DAYS ON ROCKET

+383 Days

$334,000

+$76.3K More

KEY TAKEAWAY

This property is $76.3K more 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: #PAPH2204116

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Keith P Adams

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, 3:20:19 PM 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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$1,734

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-3177691
3
/10

  • James R. Ludlow Elementary School

  • 550 W Master St

  • 0.13 miles

  • Public District Grades PK-8

High School

school-card-donut-3177692
2
/10

  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.04 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 $19,651. Most Philadelphia, PA residents have annual incomes less than $35k. Typical family type is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1432 N Franklin St Unit 2

What is the listing price of this property?

The listing price of 1432 N Franklin St Unit 2 property is $334,000.

What type of property is this?

The property 1432 N Franklin St Unit 2 is a condo located in Philadelphia, Pennsylvania, 19122.

Is this property for sale now?

Active Listing: 1432 N Franklin St Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1432 N Franklin St Unit 2 are:
James R. Ludlow Elementary School: GreatSchools Rating 3/10
Benjamin Franklin High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1432 N Franklin St Unit 2 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 1432 N Franklin St Unit 2 is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 1432 N Franklin St Unit 2 is 2022.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›1432 N Franklin St Unit 2

This home is located at 1432 N Franklin St Unit 2 in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This home was built in 2022. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 16, 2023 and is currently priced at $334,000.

In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. While the average time on the market in March 2024 was 54 days, the median list price was $257,610.

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

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