NOT LISTED FOR SALE

Estimated Value: $445,000 - $505,000

3 Beds
2.5 Baths
2,600 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $435,000 $167 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,704/month

5 Days on Market

Highlights

  • Deck
  • Solid Hardwood Flooring
  • Stainless Steel Appliances
  • Contemporary Architecture
  • No HOA
  • 2-minute walk to Wharton Square

About This Home

As of May 2023

Welcome to 2334 Reed Street, an incredibly unique home in the vibrant, fast, appreciating Point Breeze, Philadelphia neighborhood. Homes on this block often don’t come up for sale with their large lots and distinctive features! The home is 16-foot-wide and faces Wharton Square Park! The recently renovated park provides neighbors with amazing outdoor life in the city, enjoy the tennis courts, an updated playground, and plentiful green space! Pulling up to the house is easy because the street is wide, making street parking easy to find. The front of the house faces north, looking at the park, and up the front steps is a unique cozy front porch to enjoy! The first floor features an open-concept living, dining, and kitchen area with 10 feet plus high ceilings! The home feels spacious and warm, with light-colored hardwood floors throughout the entire house! Located to the back of the first floor is your kitchen with a walk-out patio and a half bathroom for convenience! The half bathroom was renovated in 2017, and the kitchen was remodeled in 2018. The kitchen has plenty of storage with white upper shaker-style cabinets, and contemporary gray lowers under black granite. Stainless steel appliances, gas cooking, and an island convenient with bar seating make entertaining and cooking easy! Walk out of the back of the kitchen and find your second complete outdoor oasis! A large concrete patio with a privacy wall/fence has plenty of room for grilling all spring and summer! From the kitchen, walk down to a fully finished basement, making a great additional den or storage space.
The owner once used this space as a second TV room with a built-in projector for watching all your favorite Philly home teams! The second floor features two bedrooms, with ample closet space and a full bathroom in the middle. Also on the second floor is a full-size laundry room with a side-by-side washer/dryer completed with hanging rods and shelves. The bedroom at the front of the house on the second floor is the larger of the spare bedrooms and features a walk-in closet and a beautiful bay window overlooking the park! To the back of the home is a second bedroom which can fit a queen bed! The full bath on this floor features a large sink vanity and a tiled shower and tub. The third floor is an entire primary suite complete with a walkout roof deck! The primary bedroom features two large walk-in closets and a bedroom fit for a king bed. The primary bathroom features a dual sink vanity and recently upgraded shower with modern large format hex tile and a custom glass shower door! This home is conveniently located minutes from RITTENHOUSE and CENTER CITY, with close proximity to South Street/Greys Ferry bridges for a quick commute to PENNOVATION, U-CITY, CHOP, DREXEL, U-PENN. The walk score is 91- close to several local hotspots like Two Eagles Cafe, American Sardine Bar, OCF Coffee House, Tuck Barre & Yoga, On Point Bistro, Chicks, Sidecar, and Dock Street Brewery.

Last Agent to Sell the Property

Dava Costello

(267) 304-1771 dava@ocfrealty.com OCF Realty LLC - Philadelphia License #RS332269 Listed on: 04/19/2023

OCF Realty LLC - Philadelphia

Last Buyer's Agent

Todd Hovanec

(646) 603-6868 todd@prevu.com Prevu Real Estate, LLC License #10491203799

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,230

Year Built

  • Built in 1915

Lot Details

  • 1,056 Sq Ft Lot
  • Lot Dimensions are 16.00 x 66.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Straight Thru Architecture
  • Brick Foundation
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Solid Hardwood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 364004000

Community Details

Overview

  • No Home Owners Association
  • Point Breeze Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,230

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary, Straight Thru
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: all appliances
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Dryer, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Solid Hardwood, Hardwood, Ceramic Tile
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 215.13
  • Above Grade Finished Sq Ft: 2022
  • Below Grade Finished Sq Ft: 578
  • Total Below Grade Sq Ft: 578
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • 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 Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 58150.00
  • Land Assessed Value: 90860.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1056.00
  • Outdoor Living Structures: Deck(s), Porch(es), Patio(s)
  • Property Condition: Excellent, Very Good, Good
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1118390
  • Tax Annual Amount: 3230.00
  • Assessor Parcel Number: 364004000
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 18, 2023
Sold by
Albright Chloe M
Bought by
Mfon Robert
Seller's Agent
Dava Costello
OCF Realty LLC - Philadelphia
Buyer's Agent
Todd Hovanec
Prevu Real Estate, LLC
List Price
$415,000
Sold Price
$435,000
Premium/Discount to List
$20,000
4.82%
Views
30
Current Estimated Value
$480,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,053
Avg. Annual Appreciation
4.05%
Original Mortgage
$369,750
Outstanding Balance
$359,073
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$120,980

Purchase Details

Listed on
Oct 30, 2014
Closed on
Apr 17, 2015
Sold by
Mchugh John C
Bought by
Huber Graham J and Albright Chloe M
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Amanda Reibstein
Compass RE
List Price
$289,900
Sold Price
$283,510
Premium/Discount to List
-$6,390
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$275,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2012
Sold by
Wallace Rory and Wallace Ricardo
Bought by
Mchugh John C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mfon Robert $435,000 None Listed On Document
Huber Graham J $283,510 Attorney
Mchugh John C $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mfon Robert $369,750
Previous Owner Huber Graham J $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $435,000 0.0% $167 / Sq Ft
05/08/2023 05/08/23 Price Changed $435,000 +4.8% $167 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $415,000 0.0% $160 / Sq Ft
11/15/2022 11/15/22 Rented $2,495 0.0% --
10/12/2022 10/12/22 For Rent $2,495 0.0% --
04/17/2015 04/17/15 Sold $283,510 -2.2% $140 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
03/12/2015 03/12/15 Price Changed $289,900 +5.4% $143 / Sq Ft
11/19/2014 11/19/14 Price Changed $275,000 -5.1% $136 / Sq Ft
10/30/2014 10/30/14 For Sale $289,900 -- $143 / 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 $2,086 $403,500 $80,700 $322,800
2025 $2,086 $403,500 $80,700 $322,800
2024 $2,086 $403,500 $80,700 $322,800
2023 $2,086 $454,300 $90,860 $363,440
2022 $1,495 $149,010 $90,860 $58,150
2021 $1,495 $0 $0 $0
2020 $1,495 $0 $0 $0
2019 $1,389 $0 $0 $0
2018 $1,248 $0 $0 $0
2017 $1,248 $0 $0 $0
2016 $385 $0 $0 $0
2015 $737 $0 $0 $0
2014 -- $55,000 $11,405 $43,595
2012 -- $4,032 $1,006 $3,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2226108

Bright MLS

APN: 364004000