3 months on rocket

48 E Penn St, Philadelphia, PA, 19144

$475,000

Home List Price

$5,641*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,982 SqFt
$240/SqFt
Townhouse
Schools Nearby

Location

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48 E Penn St, Philadelphia$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOversized, Driveway, Detached Garage
Garage1 space
Year BuiltNew Const., 2024
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #PAPH2320876
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 48 E Penn St

Germantown's newest boutique community on one of its prettiest, tree-lined blocks, with old, grand homes on large lots. Originally a stately mansion, and on the Philadelphia Register of Historic Places, it has been brilliantly renovated into four separate townhomes, each with significant outdoor space and 2-Car Parking. 48 E Penn is 1,982 sq. ft. of finished space and offers 2 spacious bedrooms, 2.5 baths, and spectacular windows and natural light. Also includes 2,240 sq. ft. of lovely, dedicated wrap-around outdoor space. The two car parking includes a 500 sq. ft private garage and a driveway space (not tandem). Elegance in its simplicity. These homes are not your standard renovation, finishes, and design. If you are looking for something pristine and that perfectly fits your superb taste, this is it. Designed by the renowned C2 Architecture, each home has a different floorplan to meet your specific needs. But all have huge architectural spaces with beautiful oak floors, high ceilings, significant character, and stunning light. Large, open living areas. Curated finishes and fine custom millwork throughout. Brand new Marvin windows, solid core doors, and white oak hardwood floors throughout with a natural finish. Superb storage including a clean, unfinished basement. 10 YEAR TAX ABATEMENT. Red hot neighborhood. Less than two blocks to Germantown Kitchen Garden, Maker Artisan Pizza, Daaiyah’s Delicious, Uncle Bobbie’s Coffee & Books, Germantown Friends School, Greene Street Friends School, Grumblethorpe, and Howell Park. Quick drive to the new Germantown Weavers Way Co-op (Coming Very Soon!), the Wissahickon trails, Vernon Park, Fernhill Park, and Cloverly Park. Convenient to Center City, East Falls, Manayunk, Mount Airy & Chestnut Hill, and so much more. NOTES—There is an HOA for insurance, water/sewer, roof maintenance, and snow removal only. Not a condominium. Consists of four homes priced between $425,000 and $590,000 (three 2BRs and one 3BR + office. All with 2-car parking and private outdoor space). The tax abatement for these homes has been APPROVED. HOA Documents available upon request. FINANCING NOTE-- Every buyer can receive a $10,000 lender credit on this home.

Property Details

Property Features

Property Information:

  • Architectural Style: Converted Dwelling
  • Year Built: 2024
  • Stories: 3
  • Living Area: 1,982 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Jeffrey Block

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Oversized, Driveway, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Promise Academy at Martin Luther King High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: On unit block of Penn Street, just East of Germantown Avenue.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $240/SqFt

HOA Fees:

  • Amount: $437
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$258K

Med. Price/SqFt

$196

Avg. Days On Market

43

# of Sold Homes

906

48 E Penn St vs Philadelphia

113 DAYS ON ROCKET

+70 Days

$475,000

+$216.9K More

$240/SqFt

+$44 More

KEY TAKEAWAY

This property is $216.9K more than the Median Sold Price and $44/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: #PAPH2320876

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Jeffrey Block

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: 6/2/2024, 2:20:33 AM 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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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.

High School

school-card-donut-6935263
2
/10
  • Promise Academy at Martin Luther King High School

  • 6100 Stenton Ave

  • 1.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,429. The majority of Philadelphia, PA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 E Penn St

What is the listing price of this property?

The listing price of 48 E Penn St property is $475,000.

What type of property is this?

The property 48 E Penn St is a townhouse located in Philadelphia, Pennsylvania, 19144.

Is this property for sale now?

Active Listing: 48 E Penn 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 48 E Penn St are:
Promise Academy at Martin Luther King High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 48 E Penn St has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 48 E Penn St is 1,982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Penn St is 2024.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia1914448 E Penn St

This home is located at 48 E Penn St in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This 1,982 square foot home, which was built in 2024, sits on a 0.11 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $475,000.

Over 268 listings were sold over their listed price in May 2024 in Philadelphia, PA. In the same period over 412 listings were sold below the listed price and 226 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 7.2% between April 2024 and May 2024. Listings spent 43 days on the market in May 2024, and had a median list price of $258,046 during the same period.

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

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