NOT LISTED FOR SALE

1318 N Franklin St Philadelphia, PA 19122

Ludlow Neighborhood
0.06 Acre
-- Price per Acre
2,513 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $675,000

4 Days on Market

About This Lot

As of December 2019

The possibilities are endless! Condo conversion or multi-unit buy and hold or buy and renovate and sell! Lot is being offered as a package for $625K with the parcel next door, 1318 N. Franklin St.( MLS # PAPH851654). Both are zoned RM1 for multi-family dwelling and occupy huge 25 x 100 lots street to street. Build up to 6 units by right on each parcel (incumbent on buyer to confirm zoning and usage). This is one of the hottest and fastest appreciating neighborhoods in the city, right next to all the great restaurants and bars in Northern Liberties and Fishtown, and a super easy commute into Center city or to Temple University. The home at 1316 has many beautiful original details and is a solid brick structure with good bones and high ceilings in need of a full renovation. Buy both and renovate one and build the other from the ground up or tear down the structure and start from scratch with a 50 by 100 lot. Property will be sold as-is. Seller prefers to sell as a package. Cash buyers only.

Last Agent to Sell the Property

Karrie Gavin

Elfant Wissahickon-Rittenhouse Square License #RS317681 Listed on: 11/22/2019

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Keith Adams

Compass RE

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,253

Lot Details

  • 2,513 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.50
  • This is being sold as a package with the multi-unit building at 1316 N. Franklin St.
  • Property is zoned RM1, Residential Multi family

Community Details

  • No Home Owners Association
  • Olde Kensington Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 141071810

Property Details

Property Type

Land

Est. Annual Taxes

$1,253

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: The possibilities are endless! Condo conversion or multi-unit buy and hold or buy and renovate and sell! Lot is being offered as a package for $625K with the parcel next door, 1318 N. Franklin St.( MLS # PAPH851654). Both are zoned RM1 for multi-family dwelling and occupy huge 25 x 100 lots street to street. Build up to 6 units by right on each parcel (incumbent on buyer to confirm zoning and usage). This is one of the hottest and fastest appreciating neighborhoods in the city, right next to all the great restaurants and bars in Northern Liberties and Fishtown, and a super easy commute into Center city or to Temple University. The home at 1316 has many beautiful original details and is a solid brick structure with good bones and high ceilings in need of a full renovation. Buy both and renovate one and build the other from the ground up or tear down the structure and start from scratch with a 50 by 100 lot. Property will be sold as-is. Seller prefers to sell as a package. Cash buyers only.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 248.71
  • Street Number Modifier: 1318

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: This is being sold as a package with the multi-unit building at 1316 N. Franklin St.
  • Land Use Code: SR
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2513.00
  • Year Assessed: 2020
  • Zoning: RM1
  • Zoning Description: Residential Multi family
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1388413
  • School Tax: 687.00
  • Tax Annual Amount: 1253.00
  • Assessor Parcel Number: 141071810
  • Tax Lot: 26
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 12/23/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $675,000 +8.0% --
11/26/2019 11/26/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $625,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karrie Gavin

    Seller's Agent in 2019

    Karrie Gavin

    Elfant Wissahickon-Rittenhouse Square

    (215) 260-1376

    1 in this area

    651 Total Sales

    Section Image
  • Keith Adams

    Buyer's Agent in 2019

    Keith Adams

    Compass RE

    (215) 605-1027

    14 in this area

    174 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH851682

Bright MLS

Pennsylvania Philadelphia County Philadelphia 19122 Ludlow

1318 N Franklin St, Philadelphia, PA

This home is located at 1318 N Franklin St, Philadelphia, PA 19122 since 22 November 2019. 1318 N Franklin St is a home located in Philadelphia County with nearby schools including James R. Ludlow School, Penn Treaty School, and Young Scholars Charter School.

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