NOT LISTED FOR SALE

Estimated Value: $575,490 - $673,000

3 Beds
2.5 Baths
2,088 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $385,000 $184 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,903/month

202 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Central Air

About This Home

As of April 2017

1514 Reed, a beautifully renovated 18 foot wide corner property, with northern and western exposure, and flowing floor plan. Enter into the front door and admire the large window flooding the living room with natural light. High ceilings, a half bath, and coat closet round out this room. Step up into the large dinning room and open kitchen, perfect for entertaining friends and family. Designer kitchen with honed granite counters. Past the kitchen is a large work space/workshop with tall ceilings, water and drain. Perfect for an artist, crafts person, or storing bikes, or a scooter. Upstairs you will find three bedrooms and two full baths. The owner suite has restored original trim work and alcove windows, and large en suite bath. Down the hall you will find two more bedrooms and a hall bath. The rear bedroom features a nice sized cedar deck perfect for enjoying your morning coffee. All new energy efficient doors and windows. Perfectly located between Newbold and Point breeze, equal distance to two BSL stations, and only a few blocks to Passyunk Square.

Last Agent to Sell the Property

Michael Garden

Compass RE License #RS293814 Listed on: 07/13/2016

Compass RE

Co-Listed By

Sarah Scott

Space & Company

Last Buyer's Agent

Terence Cesarine

BHHS Fox & Roach-Center City Walnut

BHHS Fox & Roach-Center City Walnut

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1925

Lot Details

  • 1,116 Sq Ft Lot
  • Lot Dimensions are 18x62
  • North Facing Home

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,088 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • On-Street Parking
  • Rented or Permit Required

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Newbold Subdivision

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 365353505

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,851

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: 1514 Reed, a beautifully renovated 18 foot wide corner property, with northern and western exposure, and flowing floor plan. Enter into the front door and admire the large window flooding the living room with natural light. High ceilings, a half bath, and coat closet round out this room. Step up into the large dinning room and open kitchen, perfect for entertaining friends and family. Designer kitchen with honed granite counters. Past the kitchen is a large work space/workshop with tall ceilings, water and drain. Perfect for an artist, crafts person, or storing bikes, or a scooter. Upstairs you will find three bedrooms and two full baths. The owner suite has restored original trim work and alcove windows, and large en suite bath. Down the hall you will find two more bedrooms and a hall bath. The rear bedroom features a nice sized cedar deck perfect for enjoying your morning coffee. All new energy efficient doors and windows. Perfectly located between Newbold and Point breeze, equal distance to two BSL stations, and only a few blocks to Passyunk Square.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2088
  • Living Area Sq Ft: 2088
  • Net Sq Ft: 2088.00
  • Price Per Sq Ft: 186.30
  • Above Grade Finished Sq Ft: 2088
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1514

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street, Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 106421.00
  • Land Assessed Value: 25779.00
  • Land Use Code: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1116.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1125129
  • Tax Annual Amount: 1851.00
  • Assessor Parcel Number: 365353505
  • Tax Lot: 153
  • Tax Year: 2017
  • Close Date: 04/03/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Apr 3, 2017
Sold by
D2 2 Development Inc
Bought by
Murphy Robert Edward and Murphy Sharon Stephanie Pozzo
Seller's Agent
Michael Garden
Compass RE
Buyer's Agent
Terence Cesarine
BHHS Fox & Roach-Center City Walnut
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%
Current Estimated Value
$603,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,123
Avg. Annual Appreciation
5.21%
Original Mortgage
$365,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2015
Closed on
Mar 9, 2016
Sold by
Smith Harry and Smith Lillian
Bought by
D2 2 Development Inc
Seller's Agent
Warren Flax
RE/MAX Aspire
Buyer's Agent
Sarah Scott
Space & Company
List Price
$249,999
Sold Price
$190,500
Premium/Discount to List
-$59,499
-23.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.44%
Original Mortgage
$250,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 29, 1986
Bought by
Smith Harry D and Smith Lillian
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
Murphy Robert Edward $385,000 None Available
D2 2 Development Inc $190,500 None Available
Smith Harry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Robert Edward $348,000
Closed Murphy Robert Edward $365,750
Previous Owner D2 2 Development Inc $250,000
Previous Owner D2 2 Development Inc $250,000
Previous Owner Smith Harry D $108,900
Previous Owner Smith Harry D $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $385,000 -1.0% $184 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
12/05/2016 12/05/16 Price Changed $389,000 -2.5% $186 / Sq Ft
09/21/2016 09/21/16 Price Changed $399,000 -2.4% $191 / Sq Ft
08/19/2016 08/19/16 Price Changed $409,000 -2.4% $196 / Sq Ft
07/13/2016 07/13/16 For Sale $419,000 +119.9% $201 / Sq Ft
03/16/2016 03/16/16 Sold $190,500 -4.8% $91 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
11/04/2015 11/04/15 Price Changed $200,000 -20.0% $96 / Sq Ft
09/25/2015 09/25/15 For Sale $249,999 -- $120 / 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 $7,404 $503,000 $100,600 $402,400
2024 $7,404 $503,000 $100,600 $402,400
2023 $7,404 $528,900 $105,780 $423,120
2022 $4,380 $483,900 $105,780 $378,120
2021 $5,010 $0 $0 $0
2020 $5,010 $0 $0 $0
2019 $2,520 $0 $0 $0
2018 $1,851 $0 $0 $0
2017 $1,851 $0 $0 $0
2016 $1,431 $0 $0 $0
2015 $997 $0 $0 $0
2014 -- $104,400 $27,900 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003629395

Bright MLS

APN: 365353505