NOT LISTED FOR SALE

1216 Reed St Philadelphia, PA 19147

Passyunk Square Neighborhood

Estimated Value: $761,000 - $790,000

3 Beds
1 Bath
2,070 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $210,000 $101 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $4,440/month

Highlights

  • Straight Thru Architecture
  • Living Room
  • Forced Air Heating System
  • No HOA
  • En-Suite Primary Bedroom
  • 1-minute walk to Columbus Square Park

About This Home

As of September 2016

Large 3-Sty. Shell in desirable Passyunk Square neighborhood of South Philly! Located across from the popular Columbus Recreation Center with a great view of Center City Philly and a super convenient Location. Needs Total Rehab! Being sold in its "AS-IS" condition. Premises has already been gutted and is ready for rehab. Original architectural plans are available. Presently, the structure covers 100 percent of the lot on 1st floor and sets back on each additional level.

Last Agent to Sell the Property

Michael Giordano Sr.

Century 21 Forrester Real Estate License #9110224 Listed on: 03/10/2016

Century 21 Forrester Real Estate

Last Buyer's Agent

Michael O'Brien

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1896

Lot Details

  • 877 Sq Ft Lot
  • Lot Dimensions are 15x58
  • North Facing Home

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,070 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Passyunk Square Subdivision

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 012413105

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,400

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1896
  • Remarks Public: Large 3-Sty. Shell in desirable Passyunk Square neighborhood of South Philly! Located across from the popular Columbus Recreation Center with a great view of Center City Philly and a super convenient Location. Needs Total Rehab! Being sold in its "AS-IS" condition. Premises has already been gutted and is ready for rehab. Original architectural plans are available. Presently, the structure covers 100 percent of the lot on 1st floor and sets back on each additional level.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2070
  • Living Area Sq Ft: 2070
  • Net Sq Ft: 2070.00
  • Price Per Sq Ft: 110.63
  • Above Grade Finished Sq Ft: 2070
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1216

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: 82012.00
  • Land Assessed Value: 17988.00
  • Land Use Code: O50
  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15X58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 877.00
  • Property Condition: Major Rehab Needed
  • Zoning: ICMX

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 880928
  • Tax Annual Amount: 1400.00
  • Assessor Parcel Number: 012413105
  • Tax Lot: 297
  • Tax Year: 2016
  • Close Date: 09/29/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2016
Sold by
Rosano Kilcline Kelly Ann and Kilcline Matthew R
Bought by
Westgreen Erik and Holm Linda
Current Estimated Value
$776,692

Purchase Details

Closed on
Oct 21, 2011
Sold by
1202 Reed Street Associates
Bought by
1202 Reed Street Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Westgreen Erik $252,200 None Available
1202 Reed Street Associates -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bella South Llc $450,000
Closed Bella South Llc $319,900
Previous Owner 1202 Reed St Associates Inc $550,000
Previous Owner 1202 Reed St Associates Inc $40,000
Previous Owner 1202 Reed St Associates Inc $730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $210,000 -8.3% $101 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $229,000 0.0% $111 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $229,000 -- $111 / 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 $2,890 $757,400 $151,480 $605,920
2024 $2,890 $757,400 $151,480 $605,920
2023 $2,890 $679,100 $135,820 $543,280
2022 $2,660 $206,446 $135,820 $70,626
2021 $2,660 $0 $0 $0
2020 $2,660 $0 $0 $0
2019 $7,415 $0 $0 $0
2018 $1,400 $0 $0 $0
2017 $1,400 $0 $0 $0
2016 $1,400 $0 $0 $0
2015 $1,340 $0 $0 $0
2014 -- $100,000 $17,988 $82,012
2012 -- $11,840 $1,440 $10,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Giordano Sr.

    Seller's Agent in 2016

    Michael Giordano Sr.

    Century 21 Forrester Real Estate

    (215) 451-7610

    23 in this area

    199 Total Sales

    Michael Giordano Sr.
    Section Image
  • Michael O'Brien

    Buyer's Agent in 2016

    Michael O'Brien

    Coldwell Banker Realty

    (267) 751-5888

    3 Total Sales

    Michael O'Brien
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002396944

Bright MLS

APN: 012413105

Pennsylvania Philadelphia County Philadelphia 19147 Passyunk Square

1216 Reed St, Philadelphia, PA

This home is located at 1216 Reed St, Philadelphia, PA 19147 since 10 March 2016 and is currently estimated at $776,692, approximately $375 per square foot. This property was built in 1896. 1216 Reed St is a home located in Philadelphia County with nearby schools including Jackson Andrew School, Furness Horace High School, and Christopher Columbus CS.

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