NOT LISTED FOR SALE

1432 N Franklin St Unit 2 Philadelphia, PA 19122

Ludlow Neighborhood

Estimated Value: $259,000 - $332,000

2 Beds
2 Baths
937 Sq Ft
$102/mo HOA Fee

Last Sold October 06, 2023

Last sale price $250,000 $267 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,007/month

107 Days on Market

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • 3-minute walk to Cruz Park - Power 99 Parks & Rec
  • Straight Thru Architecture
  • Property is in excellent condition

About This Home

As of October 2023

Incredible opportunity is knocking!! 40K price reduction!! Don't miss this fantastic opportunity to own this beautifully designed two bedroom, two bathroom condo in one of Philadelphia's most coveted neighborhoods, Olde Kensington, for a greatly reduced price. Be the first to own this brand new construction home that features high quality white oak hardwood floors, two bright large bedrooms and a stunning eat-in kitchen complete with white quartz countertops, 42 inch white shaker cabinetry and herringbone glass tile backsplash. More details include stainless steel appliances with gas cooking and a spacious island with waterfall quartz edges that's perfect for casual dining and hosting guests. The main bathroom includes a glass shower stall and built-in bench as well as modern vanity and carrara marble inspired tile. The second full bathroom has a bathtub and oversized grey tile along with a sleek vanity. Off the rear bedroom, a deck with glass railings adds an indoor/outdoor feel to the space. Other features include high ceilings, recessed lighting, laundry closet and intercom. Want more? How about a full 10-year tax abatement! This condo is close to all your favorite spots in Fishtown and Northern Liberties, and within a short distance to public transit. Schedule your showing today! Preferred lender pricing programs include 3% down with no mortgage insurance.

Last Agent to Sell the Property

Jim Roche

KW Empower License #RS332204 Listed on: 03/21/2023

KW Empower

Co-Listed By

ANDREW SUTTON

KW Empower

Last Buyer's Agent

Christopher Coleman

BHHS Fox & Roach-Center City Walnut License #rs346056

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,211

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture

Interior Spaces

  • 937 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 888000782

Community Details

Overview

  • Association fees include common area maintenance
  • 3 Units
  • Low-Rise Condominium
  • Olde Kensington Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,211

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Straight Thru
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 937
  • Living Area Sq Ft: 937
  • Price Per Sq Ft: 277.37
  • Above Grade Finished Sq Ft: 937
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1432

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 101.60
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • 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: 0.00 x 100.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1213.00
  • Tax Annual Amount: 2211.00
  • Assessor Parcel Number: 888000782
  • Tax Lot: 118
  • Tax Total Finished Sq Ft: 937
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/06/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Aug 11, 2023
Sold by
Borkson Daniel
Bought by
Bastone Christopher R
Seller's Agent
Jim Roche
KW Empower
Buyer's Agent
Christopher Coleman
BHHS Fox & Roach-Center City Walnut
List Price
$329,900
Sold Price
$250,000
Premium/Discount to List
-$79,900
-24.22%
Views
159
Current Estimated Value
$281,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,131
Avg. Annual Appreciation
6.77%
Original Mortgage
$15,000
Outstanding Balance
$11,045
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$271,168
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
Bastone Christopher R $250,000 Historic Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastone Christopher Ronald $15,000
Previous Owner Bastone Christopher R $246,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $250,000 -3.8% $267 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $259,900 -13.3% $277 / Sq Ft
05/03/2023 05/03/23 Price Changed $299,900 -9.1% $320 / Sq Ft
03/21/2023 03/21/23 For Sale $329,900 -- $352 / 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 $4,387 $329,000 $49,300 $279,700
2024 $4,387 $329,000 $49,300 $279,700
2023 -- $313,400 $47,010 $266,390
Source: Public Records

Agents Affiliated with this Home

  • Jim Roche

    Seller's Agent in 2023

    Jim Roche

    KW Empower

    (928) 287-9332

    3 in this area

    972 Total Sales

    Section Image
  • ANDREW SUTTON

    Seller Co-Listing Agent in 2023

    ANDREW SUTTON

    KW Empower

    (215) 964-5500

    2 in this area

    75 Total Sales

    Section Image
  • Christopher Coleman

    Buyer's Agent in 2023

    Christopher Coleman

    BHHS Fox & Roach

    (703) 231-5038

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2214278

Bright MLS

APN: 888000782

Pennsylvania Philadelphia County Philadelphia 19122 Ludlow

1432 N Franklin St Unit 2, Philadelphia, PA

This home is located at 1432 N Franklin St Unit 2, Philadelphia, PA 19122 since 21 March 2023 and is currently estimated at $297,333, approximately $317 per square foot. This property was built in 2022. 1432 N Franklin St Unit 2 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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