NOT LISTED FOR SALE

1512 Reed St Philadelphia, PA 19146

Point Breeze Neighborhood

Estimated Value: $306,000 - $350,842

3 Beds
1.5 Baths
1,094 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $341,000 $312 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,150/month

3 Days on Market

Highlights

  • 0.08 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Contemporary Architecture
  • No HOA
  • Patio

About This Home

As of May 2024

Welcome home to 1512 Reed St in Point Breeze! This home features 3 sizable bedrooms and 1.5 updated bathrooms with an open first floor allowing an easy flow between the main living area and the spacious kitchen. The kitchen comes with custom cherry cabinetry, an oversized granite countertop, and a separate breakfast bar leading to a private back patio. Note the hardwood floors, recessed lighting, and crown molding throughout the home. Bedrooms include ceiling fans and spacious closets. Basement is clean and includes washer and dryer.Sitting 2 blocks from West Broad St, 1512 Reed offers convenient access to public transportation via the Broad St. Line and an easy commute into Center City. Overall, a great value in the heart of Point Breeze!

Last Agent to Sell the Property

Benjamin Katz

Coldwell Banker Realty License #2550766 Listed on: 04/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Brandon Sharp

KW Empower

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $426

Year Built

  • Built in 1928

Lot Details

  • 3,503 Sq Ft Lot
  • Lot Dimensions are 15.50 x 62.00

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,094 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Point Breeze Subdivision

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 365353400

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$426

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-04-26
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 1512 Reed St in Point Breeze! This home features 3 sizable bedrooms and 1.5 updated bathrooms with an open first floor allowing an easy flow between the main living area and the spacious kitchen. The kitchen comes with custom cherry cabinetry, an oversized granite countertop, and a separate breakfast bar leading to a private back patio. Note the hardwood floors, recessed lighting, and crown molding throughout the home. Bedrooms include ceiling fans and spacious closets. Basement is clean and includes washer and dryer. Sitting 2 blocks from West Broad St, 1512 Reed offers convenient access to public transportation via the Broad St. Line and an easy commute into Center City. Overall, a great value in the heart of Point Breeze!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1094
  • Living Area Sq Ft: 1094
  • Price Per Sq Ft: 300.73
  • Above Grade Finished Sq Ft: 1094
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1512

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • 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
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.08
  • Lot Dimensions: 15.50 x 62.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3503.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R10A

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 426.00
  • Assessor Parcel Number: 365353400
  • Tax Lot: 154
  • Tax Year: 2008
  • Close Date: 05/29/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 20, 2024
Sold by
Ulstad Tracy L
Bought by
Deller Drew
Seller's Agent
Benjamin Katz
Coldwell Banker Realty
Buyer's Agent
Brandon Sharp
KW Empower
List Price
$329,000
Sold Price
$341,000
Premium/Discount to List
$12,000
3.65%
Views
30
Current Estimated Value
$330,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,789
Avg. Annual Appreciation
-1.71%
Original Mortgage
$319,000
Outstanding Balance
$315,270
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$18,559

Purchase Details

Closed on
Apr 29, 2009
Sold by
Kast Manor Investments I Llc
Bought by
Ulstad Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,038
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2008
Sold by
Love Iran and Estate Of Walter C Norman
Bought by
Kast Manor Investments I Llc

Purchase Details

Closed on
Feb 25, 2008
Sold by
Love Iran
Bought by
Love Iran and Estate Of Walter C Norman

Purchase Details

Closed on
Aug 7, 2007
Sold by
Love Iran and Estate Of Walter C Norman
Bought by
Love Iran
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
Deller Drew $341,000 None Listed On Document
Ulstad Tracy L $174,500 None Available
Kast Manor Investments I Llc $68,000 None Available
Love Iran -- None Available
Love Iran -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deller Drew $319,000
Previous Owner Ulstad Tracy L $181,500
Previous Owner Ulstad Tracy L $165,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $341,000 +3.6% $312 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $329,000 -- $301 / 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 $4,204 $315,700 $63,140 $252,560
2024 $4,204 $315,700 $63,140 $252,560
2023 $4,204 $300,300 $60,060 $240,240
2022 $4,341 $300,300 $60,060 $240,240
2021 $4,341 $0 $0 $0
2020 $4,341 $0 $0 $0
2019 $4,034 $0 $0 $0
2018 $2,490 $0 $0 $0
2017 $2,490 $0 $0 $0
2016 $2,490 $0 $0 $0
2015 $1,718 $0 $0 $0
2014 -- $128,200 $12,012 $116,188
2012 -- $9,600 $1,920 $7,680
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Katz

    Seller's Agent in 2024

    Benjamin Katz

    Coldwell Banker Realty

    (215) 260-9337

    3 in this area

    84 Total Sales

    Benjamin Katz
    Section Image

  • B

    Buyer's Agent in 2024

    Brandon Sharp

    KW Empower

    (610) 574-8373

    1 in this area

    12 Total Sales

    Brandon Sharp
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2340836

Bright MLS

APN: 365353400

Pennsylvania Philadelphia County Philadelphia 19146 Point Breeze

1512 Reed St, Philadelphia, PA

This home is located at 1512 Reed St, Philadelphia, PA 19146 since 26 April 2024 and is currently estimated at $330,211, approximately $301 per square foot. This property was built in 1928. 1512 Reed St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, George W. Childs School, and Christopher Columbus CS.

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