NOT LISTED FOR SALE

1335 N Franklin St Unit 1 Philadelphia, PA 19122

Ludlow Neighborhood

Estimated Value: $429,000 - $646,000

3 Beds
3 Baths
2,500 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $445,000 $178 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,127/month

31 Days on Market

Highlights

  • New Construction
  • Straight Thru Architecture
  • Kitchen Island
  • Open Floorplan
  • Recessed Lighting
  • 3-minute walk to Cruz Park - Power 99 Parks & Rec

About This Home

As of October 2021

Welcome to ONE THREE THREE FIVE FRANKLIN, a luxury condo building featuring 3 distinctively designed units, each with unique and luxurious one-of-a-kind finishes. Now presenting Unit A, this is the entry bi-level unit which boasts over 2500 sq ft of open living space. Enter into the wide open living, dining, and state of the art kitchen. Enjoy majestically high ceilings with hardwood floors throughout. The kitchen features quartz countertops, high lacquer designer cabinets, wine fridge and ample pantry storage. This kitchen is designed for the aspiring chef or soiree host! There are 2 large bedrooms on the first floor and a walk out massive bi-level patio. The two tier patio allows for future expansion of a cook out kitchen and separate lounging area. The lower level features an additional bedroom, full bathroom, and living space! This area is more like an additional private living quarter- perfect for additional hosting space, private office, expansive gym and more! Enjoy the private outdoor space off the master bedroom, perfect for morning meditation or a private garden, with a spiral staircase which leads back to the communal outdoor space. Each bathroom features floor to ceiling tile and timeless finishes . This building is perfectly nestled in a highly desirable location, between the Fishtown commercial corridor and the North Broad transit corridor. Commuters can enjoy access to the 95 and major highways or access to mass transit for accessibility to Center City business districts. Enjoy top restaurants/ cafes such as Suraya, Pizzeria Beddia, La Colombe coffee and more! There are two additional units also available, Unit B is located on the second floor of this expansive building. This unit is the trendy city loft with romantic unforgettable details. A massive one floor layout featuring sundrenched spaces, elevated ceiling heights, and hardwood floors throughout! Upon entering the 1800 sqft expansive floor plan, one will notice the stately kitchen at the focal point of the room. The living and dining room area can be spaced to your liking, as the massive open space is left to suit your lifestyle. Each bedroom features a private bathroom and large private walkout balcony perfect for a private reading area, home garden, or sunbathing deck. With massive closets throughout, storage won't be an issue in this home! Unit C: For the soiree host that enjoys a rooftop party and an unforgettable view! This third floor unit is the only unit in the building with private access to an expansive roof deck. Upon entering the unit, one will notice the large windows allowing for a sun drenched living and dining space with 12 foot plus ceiling heights and hardwood floors throughout. The kitchen will catch your eye the moment you enter into the home with not a detail to be missed. The 2 massive bedrooms each feature a private full bathroom. Enjoy a 10 year tax abatement along with 1 year builder warranty! Be sure to visit soon as these units are pre-selling quickly! The Condo fees and taxes are being finalized.
Listing Office

Last Agent to Sell the Property

raffaellina Merlino

Keller Williams Main Line License #RS335681 Listed on: 07/20/2021

Keller Williams Main Line

Co-Listed By

Becky Bostic

Keller Williams Main Line

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $924

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 22.86 x 76.61
  • Property is in excellent condition

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 141066300

Community Details

Overview

  • Association fees include common area maintenance, insurance, sewer, snow removal, water
  • Olde Kensington Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$924

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Lower 1, Main
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Wine Storage
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 180.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1335

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 231.86
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Sewer, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: SR
  • Lot Dimensions: 22.86 x 76.61
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 507.00
  • Tax Annual Amount: 924.00
  • Assessor Parcel Number: 141066300
  • Tax Lot: 67
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/14/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Marc Stein
Bought by
Thakkar Bhishma V and Thakkar Shreya
Current Estimated Value
$517,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,125
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 13, 2021
Sold by
Marc Stein
Bought by
Lawson Meaghann
Seller's Agent
raffaellina Merlino
Keller Williams Main Line
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$431,650
Interest Rate
2.88%

Purchase Details

Closed on
Jul 13, 2018
Sold by
Sharp Melvin and The Estate Of Frances Sharp
Bought by
Stein Marc

Purchase Details

Closed on
May 2, 1956
Bought by
Sharp Frances
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Thakkar Bhishma V $357,500 Go Abstract Services
Thakkar Bhishma V $377,500 Go Abstract Services
Lawson Meaghann $445,000 Quick Abstract
Stein Marc $80,000 Mba Abstract Inc
Sharp Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thakkar Bhishma V $283,125
Previous Owner Thakkar Bhishma V $268,125
Previous Owner Lawson Meaghann $431,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $445,000 -1.1% $178 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $450,000 -- $180 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $888 $443,900 $66,500 $377,400
2024 $888 $443,900 $66,500 $377,400
2023 $888 $422,800 $63,420 $359,380
2022 $3,360 $240,000 $240,000 $0
2021 $924 $0 $0 $0
2020 $924 $0 $0 $0
2019 $924 $0 $0 $0
2018 $924 $0 $0 $0
2017 $924 $0 $0 $0
2016 $281 $0 $0 $0
2015 $269 $0 $0 $0
2014 -- $20,100 $20,100 $0
2012 -- $5,952 $5,952 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2012024

Bright MLS

APN: 888000556