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$40,000
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Property Description
Prime Corner CMX-2 Lot - Mixed-Use Development Opportunity in North Philadelphia! Unlock the full potential of 1327 W Somerset Street - a high-visibility corner lot with sought-after CMX-2 zoning, ideal for a mixed-use development in one of Philadelphia's growing corridors. This property offers the perfect setup for ground-floor commercial space with residential units above, capitalizing on both foot traffic and strong rental demand in the area.
Full Property Details
Full Property Details for 1327 W Somerset St
General
- Price: $40,000
- Taxes: $496 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2477052
- Updated: 12/17/2025
- Added to Site: 298 day(s) ago
Location
- Area: 19132 (19132)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Use GPS
School Information
- School District: Philadelphia City
Utilities
- Sewer: No Sewer System
- Water: None
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,224
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 72.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $32.68
- Assessment Year: 2025
- School Tax: $278
- City/TownTax: $218
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $35,500
- Tax Amount: $496
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 99
Listed by United Real Estate, Ryan Bullock
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Schools
Schools serving 1327 W Somerset St
School District:Philadelphia City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1327 W Somerset St
Date
Details
Price
Change
Source
8/07/2025
Price Increased
$40,000
14.29%
MLS
4/30/2025
Listed
$35,000
105.88%
MLS
3/15/2018
Sold
$17,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1327 W Somerset St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$497
—
$35,500
—
2024
$497
118%
$35,500
100%
2021
$228
-55%
-100%
2023
$503
121%
$35,900
120%
2020
$228
—
$16,300
—
2019
$228
2%
$16,300
3%
2018
$223
205%
$15,900
206%
2017
$73
—
$5,200
—
2016
$73
4%
$5,200
—
2015
$70
—
$5,200
—
2014
$70
-93%
$5,200
-48%
2013
$976
—
$9,984
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1327 W Somerset St
1327 W Somerset Street, Philadelphia, PA 19132 (MLS# PAPH2477052) is a Lots/Land property with a lot size of 0.03 acres. 1327 W Somerset Street is currently listed for $40,000 and was received on April 30, 2025. Want to learn more about 1327 W Somerset Street? Do you have questions about finding other Lots/Land real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

