NOT LISTED FOR SALE

2901 S Franklin St Philadelphia, PA 19148

South Philadelphia East Neighborhood

Estimated Value: $386,000 - $436,000

3 Beds
2.5 Baths
1,498 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $370,000 $247 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,616/month

17 Days on Market

Highlights

  • Straight Thru Architecture
  • 1 Fireplace
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of September 2018

Welcome to 2901 South Franklin Street...offering suburban comforts and amenities while also supplying all the advantages of city life. Enjoy all of the natural light that spills into the living and dining room of this corner property. Admire the hardwood floors throughout the home and picture yourself unwinding in front of the fireplace in the living room. You'll also be impressed with the brightness of the kitchen and marble bathrooms. The second floor boasts three bedrooms with ample closet space along with two full bathrooms. Take a walk down to the finished basement where you'll find a full bathroom and kitchenette. Entertain your friends and family with the 10x20 exterior deck. If you have a green thumb, the side and back yards allow for displaying the creative gardening you've always wanted. The bones of this home are also excellent as the central air unit was installed in 2015 and the gas heater arrived in 2013. Lastly, this home offers great convenience to the South Philadelphia Sports Complex, the new casino opening soon, I-76, I-95, and the Walt Whitman Bridge.

Last Agent to Sell the Property

Shawn Wells

Long & Foster Real Estate, Inc. Listed on: 06/04/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Joey Fang

Canaan Realty Investment Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1930

Lot Details

  • 2,240 Sq Ft Lot
  • Lot Dimensions are 28x80

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,498 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Marconi Park East Subdivision

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 395211005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,524

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Sconces On Dining Room Wall.
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Welcome to 2901 South Franklin Street...offering suburban comforts and amenities while also supplying all the advantages of city life. Enjoy all of the natural light that spills into the living and dining room of this corner property. Admire the hardwood floors throughout the home and picture yourself unwinding in front of the fireplace in the living room. You'll also be impressed with the brightness of the kitchen and marble bathrooms. The second floor boasts three bedrooms with ample closet space along with two full bathrooms. Take a walk down to the finished basement where you'll find a full bathroom and kitchenette. Entertain your friends and family with the 10x20 exterior deck. If you have a green thumb, the side and back yards allow for displaying the creative gardening you've always wanted. The bones of this home are also excellent as the central air unit was installed in 2015 and the gas heater arrived in 2013. Lastly, this home offers great convenience to the South Philadelphia Sports Complex, the new casino opening soon, I-76, I-95, and the Walt Whitman Bridge.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1498
  • Living Area Sq Ft: 1498
  • Net Sq Ft: 1498.00
  • Price Per Sq Ft: 266.36
  • Above Grade Finished Sq Ft: 1498
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2901

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 135225.00
  • Land Assessed Value: 45075.00
  • Land Use Code: R30
  • Lot Features: Corner
  • Lot Size Acres: 0.05
  • Lot Dimensions: 28X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2240.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1154123
  • Tax Annual Amount: 2524.00
  • Assessor Parcel Number: 395211005
  • Tax Lot: 82
  • Tax Year: 2018
  • Close Date: 09/06/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Sep 6, 2018
Sold by
Franceschini Michael J
Bought by
Liu Jin Mei and Li Yong Xiang
Seller's Agent
Shawn Wells
Long & Foster Real Estate, Inc.
Buyer's Agent
Joey Fang
Canaan Realty Investment Group
List Price
$430,000
Sold Price
$370,000
Premium/Discount to List
-$60,000
-13.95%
Current Estimated Value
$403,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,249
Avg. Annual Appreciation
-0.90%
Original Mortgage
$280,000
Outstanding Balance
$247,646
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$99,660

Purchase Details

Closed on
Oct 23, 1995
Sold by
Orocofsky Esquire Louis J and Rizzi Joseph
Bought by
Franceschini Michael J
Source: Public Records

Range of Values:

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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
Liu Jin Mei $3,700,000 First City Abstarct Agency I
Franceschini Michael J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jin Mei $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $370,000 -7.3% $247 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/17/2018 06/17/18 Price Changed $399,000 -7.2% $266 / Sq Ft
06/04/2018 06/04/18 For Sale $430,000 -- $287 / 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 $5,029 $385,800 $77,160 $308,640
2024 $5,029 $385,800 $77,160 $308,640
2023 $5,029 $359,300 $71,860 $287,440
2022 $3,120 $314,300 $71,860 $242,440
2021 $3,750 $0 $0 $0
2020 $3,750 $0 $0 $0
2019 $3,460 $0 $0 $0
2018 $2,524 $0 $0 $0
2017 $2,524 $0 $0 $0
2016 $2,104 $0 $0 $0
2015 $2,014 $0 $0 $0
2014 -- $180,300 $43,232 $137,068
2012 -- $20,704 $2,720 $17,984
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shawn Wells

    Long & Foster

    (267) 970-6482

    Shawn Wells
    Section Image
  • Joey Fang

    Buyer's Agent in 2018

    Joey Fang

    Canaan Realty Investment Group

    (215) 869-8636

    2 in this area

    96 Total Sales

    Joey Fang
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001779732

Bright MLS

APN: 395211005

Pennsylvania Philadelphia County Philadelphia 19148 South Philadelphia East

2901 S Franklin St, Philadelphia, PA

This home is located at 2901 S Franklin St, Philadelphia, PA 19148 since 04 June 2018 and is currently estimated at $403,249, approximately $269 per square foot. This property was built in 1930. 2901 S Franklin St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, Fell D Newlin School, and Mastery Charter Thomas Elementary School.

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