NOT LISTED FOR SALE

2324 Reed St Philadelphia, PA 19146

Point Breeze Neighborhood

Estimated Value: $277,000 - $377,467

-- Bed
-- Bath
2,256 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $170,000 $75 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,048/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Baseboard Heater
  • 2-minute walk to Wharton Square
  • No HOA

About This Home

As of August 2022

Very rarely available HUGE 3 story shell across from Wharton Square Park. The original footprint was extended - the first floor of the building is approximately 55 ft, second floor is 50 ft, and 3rd floor approx 35 ft (refer to google earth for details). This property is currently zoned for single family dwelling but there are several properties on this block that have been converted to multifamily. The building is a great opportunity but not for the faint of heart - the interior has collapsed and will required new joists throughout. Seller will not accept zoning contingency.

Last Agent to Sell the Property

Rodney Ross

(267) 713-3669 rodney@limitlessre.com KW Commercial License #RS314073 Listed on: 07/14/2022

KW Commercial

Last Buyer's Agent

Rodney Ross

(267) 713-3669 rodney@limitlessre.com KW Commercial License #RS314073 Listed on: 07/14/2022

KW Commercial

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1915

Lot Details

  • 1,056 Sq Ft Lot
  • Lot Dimensions are 16.00 x 66.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 2,256 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • Grays Ferry Subdivision

Listing and Financial Details

  • Tax Lot 345
  • Assessor Parcel Number 364003500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,015

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 88.61
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Street Lights
  • Roof: Unknown
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115776.00
  • Land Assessed Value: 28224.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1056.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1118385
  • School Tax: 1106.00
  • Tax Annual Amount: 2015.00
  • Assessor Parcel Number: 364003500
  • Tax Lot: 345
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 16, 2022
Sold by
Soloman Howard M
Bought by
Turtulu Construction Llc
Seller's Agent
Rodney Ross
KW Commercial
Buyer's Agent
Rodney Ross
KW Commercial
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
1
Current Estimated Value
$335,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,617
Avg. Annual Appreciation
23.20%
Original Mortgage
$327,500
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2006
Sold by
Taylor Vivian D and Taylor James N
Bought by
Taylor James N and Weaver Horace

Purchase Details

Closed on
Oct 28, 2005
Sold by
Taylor Vivian D and Estate Of Mary E Taylor
Bought by
Taylor Vivian D and Taylor James N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turtulu Construction Llc $170,000 Prosperity Abstract
Taylor James N $6,686 None Available
Taylor Vivian D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Turtulu Construction Llc $327,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $170,000 -15.0% $75 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $199,900 -- $89 / 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
2026 $3,354 $150,000 $150,000 --
2025 $3,354 $288,500 $57,700 $230,800
2024 $3,354 $288,500 $57,700 $230,800
2023 $3,354 $239,600 $47,920 $191,680
2022 $577 $239,600 $47,920 $191,680
2021 $2,016 $0 $0 $0
2020 $2,016 $0 $0 $0
2019 $1,874 $0 $0 $0
2018 $798 $0 $0 $0
2017 $798 $0 $0 $0
2016 $34 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $57,000 $11,405 $45,595
2012 -- $3,968 $906 $3,062
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rodney Ross

    KW Commercial

    (267) 713-3669

    10 in this area

    91 Total Sales

    Rodney Ross
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2136632

Bright MLS

APN: 364003500

Pennsylvania Philadelphia County Philadelphia 19146 Point Breeze

2324 Reed St, Philadelphia, PA

Not Listed for Sale

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