10 months on rocket

5243 N Franklin St, Philadelphia, PA, 19120

$199,222

Home List Price

$2,366*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,220 SqFt
$163/SqFt
Townhouse
Schools Nearby

Location

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5243 N Franklin St, Philadelphia$199,222

Buyer Closing Credits

$2,366*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOther, Attached Garage
Garage1 space
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2243838
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 5243 N Franklin St

Welcome Home! To this newly renovated 3 bd 1.5 ba gem on a quiet, tree lined street in the Olney neighborhood. The first floor is an open concept layout with a large living area that features new flooring, recessed lights and freshly painted windows. It also features numerous windows that allow for an abundance of natural lighting. There is also a powder room conveniently located on the first floor with new toilet, vanity and tiles. Rounding this floor off is the immaculately renovated chef's kitchen with new soft close white cabinets, subway tile backsplash, granite countertops and stainless steel appliances! Upstairs you'll find three nice sized bedrooms, covered in new carpet. Each bedroom has ample sized closets. Also on this floor is a full bathroom that has been renovated with a new tub, new tile, new toilet and vanity! Rounding out this beauty is the basement which allows ample room for storage, or can be used for a man cave or office- the possibilities are endless! This home also features new electric, plumbing, HVAC and central A/C. Conveniently located just minutes from Roosevelt Blvd which can take you to the Greater Northeast, or downtown within minutes- this is a must see!. Don't wait until it's too late. Schedule your showing NOW!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,220 SqFt

Listing Office:

  • Office Phone: (215) 604-1191
  • Listing Agent: Isiah Laws

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Other, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Aspira Olney Charter High School, Public Charter Grades 9-12
  • Thurgood Marshall School, Public District Grades PK-8

Other

Directions Information:

  • Directions: See GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,222
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $1,174
  • 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

5243 N Franklin St vs Philadelphia

323 DAYS ON ROCKET

+269 Days

$199,222

-$58.3K Less

$163/SqFt

-$32 Less

KEY TAKEAWAY

This property is $58.3K less than the Median Sold Price and $32/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2243838

Listing Office:

  • Office Phone: (215) 604-1191
  • Listing Agent: Isiah Laws

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: 4/24/2024, 12:25:20 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$1,174 -
2019$1,091$78,000
2018$1,177$84,100
2017$1,177$84,100

History based on county public records data.

Payment Calculator

$1,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$664

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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-2605091
4
/10

  • Thurgood Marshall School

  • 5120 N 6th St

  • 0.13 miles

  • Public District Grades PK-8

High School

school-card-donut-2605092
4
/10

  • Aspira Olney Charter High School

  • 100 W Duncannon Ave

  • 0.68 miles

  • Public Charter Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,401. Typical income of Philadelphia, PA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Olney / Oak Lane, Philadelphia

Types of housing in Olney / Oak Lane, Philadelphia.

Around two thirds of the population of this community own their home while the remainder are renters. In this part of the city, most dwellings are townhouses, while duplexes are the main alternative in the housing stock. This community experienced its largest construction boom before the 1960s, so most of the available properties are from this time period. This community offers mainly two bedroom and three bedroom homes.

What is it like to live in Olney / Oak Lane, Philadelphia?

The character of Olney / Oak Lane is exemplified by its calm atmosphere. There are approximately 20 green spaces nearby for residents to relax in, such as Stenton Park and Wakefield Park, and they are very well-spread out, which results in them being easy to get to from most locations in the community. This area is also good for those who enjoy a quiet atmosphere, as the streets are quite tranquil - although there are still several noisier sections, especially close to one of the railway lines.

Is it easy to get around Olney / Oak Lane, Philadelphia without a car?

Both primary and secondary schools are very easy to get to on foot from anywhere in this part of Philadelphia. Locals can choose between public and private schools at both the elementary and secondary school level. Concerning eating, property owners in this part of Philadelphia will welcome that a general and a specialty grocery store is always only a very short walk away. There are over 200 grocery stores in Olney / Oak Lane, and the best variety can be found on streets like Cheltenham Avenue. In addition, there are a fair number of options for those who care about nearby restaurants and cafes. It is also easy to get to a variety of clothing stores on foot, for example along Olney Avenue.

Transportation in Olney / Oak Lane, Philadelphia.

Olney / Oak Lane does not demand driving as various other methods of transportation are available. This community will draw physically active people because it is especially suitable for those who travel by foot; all daily needs can be carried out by walking, and there are also a good number of businesses in proximity. The public transit network in Olney / Oak Lane is very practical by reason of a multitude of rapid transit stations with access to the Broad Street Line, and around 20 nearby bus lines. On the other hand, moving around by car is at times difficult in Olney / Oak Lane because almost none of the street infrastructure is appropriate for driving, and it is difficult to access a parking spot.

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Frequently Asked Questions About 5243 N Franklin St

What is the listing price of this property?

The listing price of 5243 N Franklin St property is $199,222.

What type of property is this?

The property 5243 N Franklin St is a townhouse located in Philadelphia, Pennsylvania, 19120.

Is this property for sale now?

Active Listing: 5243 N Franklin 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 5243 N Franklin St are:
Thurgood Marshall School: GreatSchools Rating 4/10
Aspira Olney Charter High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,174 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5243 N Franklin St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5243 N Franklin St is 1,220 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5243 N Franklin St is 1950.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19120›5243 N Franklin St

This home is located at 5243 N Franklin St in Philadelphia, PA and zip code 19120 in the Olney / Oak Lane neighborhood. This 1,220 square foot home, which was built in 1950, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 05, 2023 and is currently priced at $199,222.

While more than 228 listings in Philadelphia, PA in March 2024 were sold above asking price, there were more than 214 listings sold at asking price, and more than 481 were sold below. The number of homes for sale in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. 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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