#PAPH2457552, Christopher J. Avallon, Listing Office: Avallon Real Estate Group
1316 N Franklin St Unit 5 Philadelphia, PA 19122
Property details
About 1316 N Franklin St Unit 5
Tax Abatement + Private Parking + Newly Painted Private Roof Deck! Enjoy six years of remaining tax abatement in this stunning bi-level penthouse condo offering contemporary luxury and an expansive 1,800 sq. ft. open floor plan. The first level features a gourmet eat-in kitchen with Quartz countertops, sleek soft-close white cabinetry, stainless steel appliances, a walk-in pantry, a striking herringbone glass backsplash, and a waterfall-edge island. Adjacent to the kitchen, the spacious family room is enhanced by floor-to-ceiling windows, creating a bright and inviting atmosphere. This level also includes a dining area, a powder room, and a cozy sitting area. On the second level, the primary suite offers a tranquil retreat with a spacious bedroom, a walk-in closet, and a spa-like en-suite bathroom featuring a glass-enclosed shower with a built-in bench. A second bedroom, an additional full bath, a laundry area, and a mechanical room complete this floor. The private roof deck spans over 730 square feet and has been freshly painted, offering breathtaking city views, including the iconic Ben Franklin Bridge. Additional highlights of this exquisite condo include metal railings, wide 7-inch white oak floors, an intercom system, and stunning floor-to-ceiling windows. Located just blocks from Fishtown, Northern Liberties, and Frankford Ave, this home is surrounded by some of the city's best restaurants, coffee shops, and boutiques. Don’t miss this rare opportunity to own a luxury penthouse with tax savings and incredible outdoor space!
Highlights
(ACTIVE UNDER CONTRACT)
Virtual tour
Summary
- Full Bathrooms: 3
- Basement: No
- Total Bedroom Count: 2
- Parking: Private, Driveway
- Architectural Style: Straight Thru
- Heating: Forced Air
- Cooling: Central Air
- List Price: $445,000
- Price/SqFt: $246
- Annual Tax Amount: $875
- Tax Year: 2023
- Directions: USE GPS
- Year Built: 2021
- Stories: 2
- Living Area: 1,802 SqFt
- Municipality: Philadelphia
- MLS Number: PAPH2455996
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (215) 923-7600
- Office Email: cbpoldcityadmin@cbpref.com
- Listing Agent: Jie Li
- Agent Phone: (215) 882-2575
- Agent Email: avahomepro@gmail.com
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Last updated on: 5/14/2025, 6:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$445,000
1316 N Franklin St Unit 5
$5,284
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 16, 2022 | Home Sold | $450,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $417,100 | $875 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
0.7 mi
•127 W Oxford St
7
Horatio B. Hackett School
Public District KG-5
1.3 mi
•2161 E York St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.4 mi
•2539 N 16th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,331. The majority of Philadelphia, PA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1316 N Franklin St Unit 5
The listing price of 1316 N Franklin St Unit 5 property is $445,000.
The property 1316 N Franklin St Unit 5 is a condo located in Philadelphia, Pennsylvania, 19122.
Accepting Backup Offers: 1316 N Franklin St Unit 5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1316 N Franklin St Unit 5 are: John Moffet Elementary School (GreatSchools Rating 6/10), Horatio B. Hackett School (GreatSchools Rating 7/10), Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), James R. Ludlow Elementary School (GreatSchools Rating 3/10), Young Scholars Charter School (GreatSchools Rating 4/10), Dunbar Academics Plus School (GreatSchools Rating 3/10), Bodine William W High School (GreatSchools Rating 5/10), Youth Build Phila Charter School (GreatSchools Rating 1/10), People for People Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $875 (source: MLS/based on county public records data).
The last sale was on February 16, 2022 for $450,000 (source: MLS/tax record).
The property at 1316 N Franklin St Unit 5 has 2 bedrooms and 3 bathrooms.
The property 1316 N Franklin St Unit 5 is 1,802 SqFt (source: MLS/tax record).
The year of construction for 1316 N Franklin St Unit 5 is 2021.
This home is located at 1316 N Franklin St Unit 5 in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 1,802 square foot home was built in 2021. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $445,000.
In April 2025 in Philadelphia, PA there were 49.7% more homes for sale than in March. The median list price of listings available in April 2025 was $291,214, while the average time on the real estate market was 88 days.