NOT LISTED FOR SALE

2618 Reed St Philadelphia, PA 19146

Point Breeze Neighborhood

Estimated Value: $67,000 - $189,000

3 Beds
1 Bath
1,128 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $48,000 $43 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $984/month

110 Days on Market

Highlights

  • Straight Thru Architecture
  • Living Room
  • Heating System Uses Gas
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of July 2015

Former rental property: tenant is out,Owner is retiring! This main Street home is your opportunity.

Last Agent to Sell the Property

Fred Musilli

DJCRE Inc. License #RM421769 Listed on: 02/25/2015

Last Buyer's Agent

Monica Wright

DJCRE Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $741

Year Built

  • Built in 1945

Lot Details

  • 902 Sq Ft Lot
  • Lot Dimensions are 15x60
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,128 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 364215100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$741

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Remarks Public: Former rental property: tenant is out,Owner is retiring! This main Street home is your opportunity.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1128
  • Living Area Sq Ft: 1128
  • Net Sq Ft: 1128.00
  • Price Per Sq Ft: 53.10
  • Above Grade Finished Sq Ft: 1128
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2618

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 46821.00
  • Land Assessed Value: 8479.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 902.00
  • Property Condition: Below Average
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1120096
  • Tax Annual Amount: 741.00
  • Assessor Parcel Number: 364215100
  • Tax Lot: 32
  • Tax Year: 2015
  • Close Date: 07/17/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
Jul 7, 2015
Sold by
Freundlich Barbara Jo
Bought by
Green Cube Llc
Seller's Agent
Fred Musilli
DJCRE Inc.
Buyer's Agent
Monica Wright
DJCRE Inc.
List Price
$69,900
Sold Price
$48,000
Premium/Discount to List
-$21,900
-31.33%
Current Estimated Value
$156,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,093
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
Feb 20, 2006
Sold by
Spruce Property Management Llc
Bought by
Freundlich Barbara Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2006
Sold by
Kd Properties Inc
Bought by
Spruce Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Kd Properties Inc
Bought by
Spruce Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2001
Sold by
Stanish Albert N
Bought by
Kd Properties Inc
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
Green Cube Llc $48,000 None Available
Freundlich Barbara Jo $55,000 None Available
Spruce Property Management Llc -- None Available
Spruce Property Management Llc $180,000 --
Kd Properties Inc $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Cube Llc $153,750
Previous Owner Freundlich Barbara Jo $44,000
Previous Owner Spruce Property Management Llc $235,000
Previous Owner Spruce Property Management Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $48,000 -19.9% $43 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
03/25/2015 03/25/15 Price Changed $59,900 -7.7% $53 / Sq Ft
03/04/2015 03/04/15 Price Changed $64,900 -7.2% $58 / Sq Ft
02/25/2015 02/25/15 For Sale $69,900 -- $62 / 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 $1,620 $154,200 $30,840 $123,360
2024 $1,620 $154,200 $30,840 $123,360
2023 $1,620 $115,700 $23,140 $92,560
2022 $1,016 $115,700 $23,140 $92,560
2021 $1,016 $0 $0 $0
2020 $1,016 $0 $0 $0
2019 $945 $0 $0 $0
2018 $774 $0 $0 $0
2017 $774 $0 $0 $0
2016 $774 $0 $0 $0
2015 $741 $0 $0 $0
2014 -- $55,300 $8,479 $46,821
2012 -- $800 $225 $575
Source: Public Records

Agents Affiliated with this Home

  • Fred Musilli

    Seller's Agent in 2015

    Fred Musilli

    DJCRE Inc.

    (215) 915-8888

    7 in this area

    47 Total Sales

    Fred Musilli
    Section Image

  • M

    Buyer's Agent in 2015

    Monica Wright

    DJCRE Inc.

See All Agents

Map

Source: Bright MLS

MLS Number: 1002543110

Bright MLS

APN: 364215100

Pennsylvania Philadelphia County Philadelphia 19146 Point Breeze

2618 Reed St, Philadelphia, PA

This home is located at 2618 Reed St, Philadelphia, PA 19146 since 25 February 2015 and is currently estimated at $156,093, approximately $138 per square foot. This property was built in 1945. 2618 Reed St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, Delaplaine McDaniel School, and Universal Vare Charter School.

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