SOLDNOV 20, 2023
1216 N 7th St
Philadelphia, PA 19122
Ludlow- 7 Beds
- 3,315 sqft
- 7 Beds
- 3,315 sqft
$800,000
Last Sold: Nov 20, 2023
4% below list $835K
$241/sqft
Est. Refi. Payment $4,847/mo*
$800,000
Last Sold: Nov 20, 2023
4% below list $835K
$241/sqft
Est. Refi. Payment $4,847/mo*
7 Beds
3,315 sqft
Homes for Sale Near 1216 N 7th St
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Local Information
© Google
-- mins to
Commute Destination
Description
This property is no longer available to rent or to buy. This description is from November 27, 2023
This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1950/month with a lease ending on 7/28/24. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 7/3/24. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1600/month with the lease expiring on 6/27/24. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$241/sqft
Listed
180+ days ago
Home Details for 1216 N 7th St
Interior Features |
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 7 |
Dimensions and Layout Living Area: 3315 Square Feet |
Appliances & Utilities Appliances: Other Water Heater |
Heating & Cooling Heating: Other,Natural GasHas CoolingAir Conditioning: Central A/CHas HeatingHeating Fuel: Other |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Accessibility: None |
Exterior Features |
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Exterior Home Features Other Structures: Above Grade, Below Grade |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Property Information |
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Year Built Year Built: 2017 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TriplexStructure Type: OtherArchitecture: Other |
Building Construction Materials: MasonryNot a New Construction |
Property Information Parcel Number: 141056010 |
Price & Status |
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Price List Price: $835,000Price Per Sqft: $241/sqft |
Status Change & Dates Off Market Date: Mon Nov 27 2023Possession Timing: Negotiable |
Active Status |
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MLS Status: CLOSED |
Media |
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Location |
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Direction & Address City: Philadelphia |
School Information Elementary School District: The School District Of PhiladelphiaJr High / Middle School District: The School District Of PhiladelphiaHigh School District: The School District Of Philadelphia |
Lot Information |
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Lot Area: 2070 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To Sell |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: % Of GrossTransaction Broker Commission: 0Transaction Broker Commission Type: % Of Gross |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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Mls Number: PAPH2258700Municipality: PHILADELPHIA |
Last check for updates: about 17 hours ago
Listed by Jonathan Beaulieu, (267) 619-2108
JBMP Group
Bought with: Tom Englett, (215) 284-9432, BHHS Fox & Roach At the Harper, Rittenhouse Square
Source: Bright MLS, MLS#PAPH2258700
Price History for 1216 N 7th St
Date | Price | Event | Source |
---|---|---|---|
11/20/2023 | $800,000 | Sold | Bright MLS #PAPH2258700 |
10/04/2023 | $835,000 | Pending | Bright MLS #PAPH2258700 |
08/15/2023 | $835,000 | PriceChange | Bright MLS #PAPH2258700 |
07/18/2023 | $865,000 | PriceChange | Bright MLS #PAPH2258700 |
08/29/2022 | $5,100,000 | Listed For Sale | Bright MLS #PAPH2153194 |
03/18/2011 | $20,000 | Sold | N/A |
05/07/2008 | $30,000 | Sold | N/A |
Property Taxes and Assessment
Year | 2023 |
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Tax | $3,336 |
Assessment | $1,191,600 |
Home facts updated by county records
Comparable Sales for 1216 N 7th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $860,000 | 04/05/24 | 6 | 4 | 3,456 | |
0.09 | Multi-Family Home | $830,000 | 10/16/23 | 7 | - | 3,824 | |
0.11 | Multi-Family Home | $910,000 | 04/03/24 | 6 | 6 | 3,600 | |
0.17 | Multi-Family Home | $850,000 | 06/26/23 | 7 | - | 3,204 | |
0.26 | Multi-Family Home | $630,000 | 03/25/24 | 8 | 3 | 3,690 | |
0.33 | Multi-Family Home | $759,000 | 03/08/24 | 6 | 4 | 3,324 | |
0.24 | Multi-Family Home | $495,000 | 08/28/23 | 7 | - | 2,517 | |
0.29 | Multi-Family Home | $817,500 | 06/20/23 | 8 | - | 3,688 | |
0.45 | Multi-Family Home | $625,000 | 08/01/23 | 6 | - | 2,700 |
Assigned Schools
These are the assigned schools for 1216 N 7th St.
- Ludlow James R School
- PK-8
- Public
- 271 Students
3/10GreatSchools RatingParent Rating AverageThis is one of the bestest schools, if not the best elementary school in Philadelphia PA, it is such a great school, that it is even better than a private pay out of pocket schools. Principal Moody is an excellent, model Principal. The classes are really small about 13 children per class and each class has two teachers plus minimum of four assistants. They truly care about the children and the families. For Thanksgiving they go all out in giving to the families and children. They are team players and partner with other agencies to provide only the best for the children that attend here and to help the families of children that attend and in the community. The children are so respectful, and so we’ll behaved. Never any fights or problems. The school is so professional and surpasses excellence. For Christmas they don’t just give away cheap low quality toys, they gave my child lots of expensive toys and only the best for the children. They made our Christmas, even had the highest quality celebration and are also respectful and mindful of children and families that do not celebrate Christmas and are very inclusive. We absolutely LOVE this school. My child went from almost flunking to an A and B student, the school staff worked so hard to bring him up to par and helped produce excellence in him. I would recommend this school to everyone. It is a top notch school.Parent Review2y ago - Penn Treaty Middle School
- 6-12
- Public
- 484 Students
2/10GreatSchools RatingParent Rating AverageI was hesitant to send my child at first... But after actually going to the school and meeting the teachers and staff I was confident my student would do well here. It's a wonderfully diverse environment. There is a focus on college preparation beginning in 9th grade. Penn treaty has many programs to support the students such as 12+, AVID, and city year. There are extra curricular activities and sports. This is a school on the rise. The staff and students are working hard to raise expectations.Parent Review5y ago - Check out schools near 1216 N 7th St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Ludlow
- Shawn Bullard
- Resident
- 1w ago
"Block party’s it’s quiet the new development and suburban looking houses. We own a lot of real estate in the area."
- Ssd.manman 2.
- Resident
- 3y ago
"Great friendly place for you and you family to have a wonderful life and to live in peace during you stay at Ludlow"
- Selba T.
- Visitor
- 3y ago
"nice clean area with good people to leave around. trees and grass with a nice backyard for grand kids to play "
- Mike R.
- Resident
- 4y ago
"I drive to northeast Philadelphia. Lots of parking, no side of the street laws, no permits. close to bridges and highways. "
- Justin.kiscadden
- Resident
- 4y ago
"Short walk or trolley ride to the market Frankford line, than ride the MFL to center city. ~30 minutes door to door. "
- George.banksjr
- Resident
- 4y ago
"It is located conveniently between both subway lines. Only 10-15 minutes to each bus. There are also several bus lines in the area. "
- Tiffany H.
- Resident
- 4y ago
"20 minutes to city. Public transit pretty clean. Reasonably priced. Dangerous early morning and night walking to and fro"
- Justin K.
- Resident
- 4y ago
"Not a lot of dogs in the area. Most are small that don’t need as much space. There aren’t many parks. "
- Joshua D.
- Resident
- 4y ago
"New houses being developed. Not many stores nearby yet. By 2021 should be a great neighborhood. No bars nearby "
- Juan C. A.
- Resident
- 5y ago
"Is quiet and close to everything, like Fishtown or center city. Also is a boomping area. I really love this place."
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LGBTQ Local Legal Protections
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 1216 N 7th St
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Off Market Homes Near 1216 N 7th St
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- Century 21 Advantage Gold-South Philadelphia
- Long & Foster Real Estate, Inc.
- BHHS Fox & Roach-Center City Walnut
- BHHS Fox & Roach-Center City Walnut
- See more homes for sale inPhiladelphiaTake a look
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1216 N 7th St, Philadelphia, PA 19122 is a 7 bedroom, 3,315 sqft multi-family built in 2017. 1216 N 7th St is located in Ludlow, Philadelphia. This property is not currently available for sale. 1216 N 7th St was last sold on Nov 20, 2023 for $800,000 (4% lower than the asking price of $835,000). The current Trulia Estimate for 1216 N 7th St is $811,300.