NOT LISTED FOR SALE

Estimated Value: $331,000 - $392,000

2 Beds
2.5 Baths
1,144 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $325,000 $284 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,181/month

17 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • North Facing Home
  • Wood Flooring
  • 90% Forced Air Heating and Cooling System
  • Property is in excellent condition

About This Home

As of December 2023

Welcome1624 Reed street, a spacious 2 bedroom, 2 and 1/2 bath home located in the desirable neighborhood of Point Breeze. This charming residence offers a delightful combination of modern updates and classic features that are sure to impress. As you step inside, you'll be greeted by the spacious and inviting interior. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for entertaining guests or relaxing with loved ones. The beautiful hardwood floors throughout add an elegant touch to the home's ambiance. This home boasts two large bedrooms, providing plenty of space for rest and relaxation. The natural light that floods each room creates a warm and welcoming atmosphere. The two full bathrooms are tastefully designed and offer modern fixtures and finishes.
Step outside and discover your own private oasis. The outdoor space is perfect for enjoying the beautiful weather, hosting barbecues, or simply unwinding after a long day. Whether you have a green thumb or simply enjoy the outdoors, this backyard is sure to become your favorite retreat. Located in the sought-after neighborhood of Point Breeze, this home offers easy access to a plethora of amenities. With its convenient location, you'll have everything you need right at your fingertips. Don't miss out on the opportunity to make this exquisite home yours. Schedule a showing today and experience the best of city living in this remarkable residence.
**Please be advised that this property is located in a geographic area which may result in the buyer being eligible for special loan programs which may provide additional financial assistance to buyers.**

Last Agent to Sell the Property

Matthew Aragona

Compass RE License #2293844 Listed on: 09/28/2023

Compass RE

Last Buyer's Agent

Harnaik Sembhi

Century 21 Forrester Real Estate License #RS340415

Century 21 Forrester Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1925

Lot Details

  • 986 Sq Ft Lot
  • Lot Dimensions are 17.00 x 58.00
  • North Facing Home
  • Property is in excellent condition

Home Design

  • Straight Thru Architecture
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,144 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Point Breeze Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 365354600

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,858

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 1144
  • Living Area Sq Ft: 1144
  • Price Per Sq Ft: 297.12
  • Above Grade Finished Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1624

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • 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: 0.02
  • Lot Dimensions: 17.00 x 58.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 986.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1568.00
  • Tax Annual Amount: 2858.00
  • Assessor Parcel Number: 365354600
  • Tax Lot: 51
  • Tax Total Finished Sq Ft: 1144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/15/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 8, 2023
Sold by
Torjman Maurice
Bought by
Sembhi Harnaik
Seller's Agent
Matthew Aragona
Compass RE
Buyer's Agent
Harnaik Sembhi
Century 21 Forrester Real Estate
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
52
Current Estimated Value
$359,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,403
Avg. Annual Appreciation
4.91%
Original Mortgage
$308,750
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2011
Closed on
Apr 20, 2012
Sold by
Tonelli Giovanna M
Bought by
Torjman Maurice
Seller's Agent
Joseph Bottino
Weichert Realtors
Buyer's Agent
Joseph Bottino
Weichert Realtors
List Price
$83,900
Sold Price
$66,000
Premium/Discount to List
-$17,900
-21.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Original Mortgage
$65,000
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sembhi Harnaik $325,000 Chase Abstract
Torjman Maurice $66,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sembhi Harnaik $311,400
Closed Sembhi Harnaik $308,750
Previous Owner Torjman Maurice $95,000
Previous Owner Torjman Maurice $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $325,000 -4.4% $284 / Sq Ft
10/09/2023 10/09/23 Price Changed $339,900 -2.9% $297 / Sq Ft
09/28/2023 09/28/23 For Sale $349,900 +430.2% $306 / Sq Ft
04/23/2012 04/23/12 Sold $66,000 -21.3% $58 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
10/24/2011 10/24/11 For Sale $83,900 -- $73 / 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 $2,858 $220,800 $44,160 $176,640
2024 $2,858 $220,800 $44,160 $176,640
2023 $2,858 $204,200 $40,840 $163,360
2022 $2,044 $204,200 $40,840 $163,360
2021 $2,044 $0 $0 $0
2020 $2,044 $0 $0 $0
2019 $1,900 $0 $0 $0
2018 $1,195 $0 $0 $0
2017 $1,195 $0 $0 $0
2016 $1,195 $0 $0 $0
2015 $1,142 $0 $0 $0
2014 -- $85,200 $12,128 $73,072
2012 -- $4,992 $1,347 $3,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2280204

Bright MLS

APN: 365354600