NOT LISTED FOR SALE

1513 N Franklin St Unit 2 Philadelphia, PA 19122

Ludlow Neighborhood

Estimated Value: $285,000 - $320,000

2 Beds
2 Baths
1,093 Sq Ft
1,742 Sq Ft Lot

Highlights

  • Gourmet Kitchen
  • Central Heating and Cooling System
  • 3-minute walk to Cruz Park - Power 99 Parks & Rec
  • Stainless Steel Appliances

About This Home

As of May 2022

Live at 1513 Franklin St #2, an open, recently constructed condo with two bedrooms and two baths with 1100 square feet, and high ceilings ceiling. Enjoy the custom kitchen with designer cabinets, stainless appliances, quartz counters, and tiled back-splash. Both bedrooms are spacious with great closet space and lots of room for furniture. The primary suite has a fantastic bathroom with all 4 walls tiled from floor to ceiling and a walk-in glass shower. Both bathrooms are designer quality. Tons extra amenities, including surround sound, smart home thermostats, designer lighting, front door video intercom, security system, washer/dryer, and more!

Last Agent to Rent the Property

Joe Loonstyn

(267) 252-0223 joe@mccannteamcommercial.com Scope Commercial Real Estate Services, Inc. License #RS351792 Listed on: 04/28/2022

Last Renter's Agent

Joe Loonstyn

(267) 252-0223 joe@mccannteamcommercial.com Scope Commercial Real Estate Services, Inc. License #RS351792 Listed on: 04/28/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $566

Year Built

  • Built in 2018

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Masonry

Interior Spaces

  • 1,093 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Gourmet Kitchen
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,750
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/1/22
  • $50 Application Fee
  • Assessor Parcel Number 888200742

Community Details

Overview

  • Low-Rise Condominium
  • Ludlow Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$566

Year Built

Built in 2018

Lot Details

0

Rental Info

  • Date Available: 2022-07-01
  • Application Fee: 50.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1750.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Main
  • Year Built: 2018
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stainless Steel Appliances, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Entry Floor: 1
  • Interior Amenities: Kitchen - Gourmet
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1093
  • Living Area Sq Ft: 1093
  • Price Per Sq Ft: 1.60
  • Above Grade Finished Sq Ft: 1093
  • Above Grade Finished Area Units: Square Feet

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 Materials: Masonry
  • 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: Central
  • Heating: Yes
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 26.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1814.00
  • Zoning: RSA5

Tax Info

  • Assessor Parcel Number: 21942385
  • Assessor Parcel Number: 888200742
  • Tax Data Updated: No

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
A & R Philly Llc
Bought by
Balaji Lakshmi
Current Estimated Value
$306,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$159,313
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$147,558
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
Balaji Lakshmi $240,000 Land Services Usa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balaji Lakshmi $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Rented $1,750 0.0% --
04/28/2022 04/28/22 For Rent $1,750 +9.4% --
03/15/2019 03/15/19 Rented $1,600 -1.5% --
03/12/2019 03/12/19 Under Contract -- -- --
11/28/2018 11/28/18 Price Changed $1,625 -1.5% $1 / Sq Ft
10/15/2018 10/15/18 For Rent $1,650 -- --
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
2026 $566 $282,700 $42,400 $240,300
2025 $566 $282,700 $42,400 $240,300
2024 $566 $282,700 $42,400 $240,300
2023 $566 $269,300 $40,400 $228,900
2022 $539 $40,400 $40,400 $0
2021 $3,590 $0 $0 $0
2020 $3,590 $0 $0 $0
2019 $539 $0 $0 $0
2018 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Loonstyn

    Landlord's Agent in 2022

    Joe Loonstyn

    Scope Commercial Real Estate Services, Inc.

    (267) 252-0223

    40 Total Sales

    Joe Loonstyn
    Section Image
  • Michael McCann

    Seller's Agent in 2019

    Michael McCann

    KW Empower

    (215) 778-0901

    5 in this area

    1,644 Total Sales

    Michael McCann
    Section Image
  • Mike Goldstein

    Seller Co-Listing Agent in 2019

    Mike Goldstein

    HubKey Real Estate

    (215) 600-1799

    38 Total Sales

    Mike Goldstein
    Section Image

  • N

    Buyer's Agent in 2019

    Natasha Metzger

    KW Philly

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2110284

Bright MLS

APN: 888200742

Pennsylvania Philadelphia County Philadelphia 19122 Ludlow

1513 N Franklin St Unit 2, Philadelphia, PA

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