NOT LISTED FOR SALE

2540 S Reese St Philadelphia, PA 19148

Whitman Neighborhood

Estimated Value: $184,000 - $211,036

3 Beds
1 Bath
940 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $194,000 $206 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,363/month

100 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • 3-minute walk to Murphy Recreation Center
  • Wood Flooring
  • Radiator

About This Home

As of July 2020

Let the showing begin, owner is relocating and this house can be yours. Renovated few years ago, ready to move-in conditions. Beautiful hardwood floor with open floor plan to the dining room and kitchen. Located in desirable block with wide street, walking distance to shops and supermarket, conveniently easy access to highway. This property is being sold as-is.

Last Agent to Sell the Property

Susani Yoon

Realty Mark Associates License #RS327590 Listed on: 02/17/2020

Realty Mark Associates

Last Buyer's Agent

Thomas Trinh

EXP Realty, LLC License #RS339164

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1920

Lot Details

  • 658 Sq Ft Lot
  • Lot Dimensions are 14.00 x 47.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 940 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Radiator

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 392308900

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,879

Year Built

Built in 1920

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
  • Expected On Market: 2020-02-17
  • Year Built: 1920
  • Remarks Public: Let the showing begin, owner is relocating and this house can be yours. Renovated few years ago, ready to move-in conditions. Beautiful hardwood floor with open floor plan to the dining room and kitchen. Located in desirable block with wide street, walking distance to shops and supermarket, conveniently easy access to highway. This property is being sold as-is.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 202.13
  • Above Grade Finished Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2540

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full 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: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112595.00
  • Land Assessed Value: 21605.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 47.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 658.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1143136
  • School Tax: 1031.00
  • Tax Annual Amount: 1879.00
  • Assessor Parcel Number: 392308900
  • Tax Lot: 59
  • Tax Total Finished Sq Ft: 940
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/28/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jul 28, 2020
Sold by
Bie Ling Liem
Bought by
Phatthana Nestor
Seller's Agent
Susani Yoon
Realty Mark Associates
Buyer's Agent
Thomas Trinh
EXP Realty, LLC
List Price
$189,999
Sold Price
$194,000
Premium/Discount to List
$4,001
2.11%
Current Estimated Value
$212,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,450
Avg. Annual Appreciation
-0.60%
Original Mortgage
$187,525
Outstanding Balance
$168,492
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$19,684

Purchase Details

Closed on
Feb 23, 2007
Sold by
Powles Michael
Bought by
Ling Liem Bie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2000
Sold by
Arnold Debra and Will Of Fannie Malamut
Bought by
Powles Michael
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
Phatthana Nestor $194,000 Prosperity Abstract Llc
Ling Liem Bie $100,700 Commonwealth Land Title Insu
Powles Michael $15,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phatthana Nestor $187,525
Previous Owner Ling Liem Bie $80,300
Previous Owner Ling Liem Bie $94,070
Previous Owner Ling Liem Bie $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $194,000 +2.1% $206 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $189,999 -2.1% $202 / Sq Ft
03/31/2020 03/31/20 Off Market $194,000 -- --
03/04/2020 03/04/20 Price Changed $189,999 +2.7% $202 / Sq Ft
02/17/2020 02/17/20 For Sale $184,999 -- $197 / 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 $2,276 $188,400 $37,680 $150,720
2024 $2,276 $188,400 $37,680 $150,720
2023 $2,276 $162,600 $32,520 $130,080
2022 $1,879 $162,600 $32,520 $130,080
2021 $1,879 $0 $0 $0
2020 $1,879 $0 $0 $0
2019 $1,734 $0 $0 $0
2018 $1,295 $0 $0 $0
2017 $1,295 $0 $0 $0
2016 $875 $0 $0 $0
2015 $1,242 $0 $0 $0
2014 -- $123,600 $9,409 $114,191
2012 -- $5,792 $906 $4,886
Source: Public Records

Agents Affiliated with this Home

  • Susani Yoon

    Seller's Agent in 2020

    Susani Yoon

    Realty Mark Associates

    (215) 609-8992

    5 Total Sales

    Section Image
  • Thomas Trinh

    Buyer's Agent in 2020

    Thomas Trinh

    EXP Realty, LLC

    (215) 490-4680

    74 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH871762

Bright MLS

APN: 392308900

Pennsylvania Philadelphia County Philadelphia 19148 Whitman

2540 S Reese St, Philadelphia, PA

This home is located at 2540 S Reese St, Philadelphia, PA 19148 since 17 February 2020 and is currently estimated at $198,509, approximately $211 per square foot. This property was built in 1920. 2540 S Reese St is a home located in Philadelphia County with nearby schools including John H. Taggart School, Furness Horace High School, and Mastery Charter Thomas Elementary School.

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