$629,000
PENDING NEW CONSTRUCTION

Estimated payment $3,460/month

4 Beds
3 Baths
2,800 Sq Ft
$225 Price per Sq Ft

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • 1-minute walk to Wharton Square
  • No HOA
  • Property is in excellent condition

About This Home

Welcome to 2625 Reed Street, a brand-new construction home ideally located in the heart of Grays Ferry. This thoughtfully designed residence offers around 2,800 square feet of modern living space spread across three stories, including a finished basement and a private rooftop deck with stunning views of the Philadelphia skyline. The exterior features timeless red brick with black-trimmed windows and iron railings, providing classic curb appeal with a contemporary edge. Inside, the open-concept main living level is flooded with natural light and showcases hardwood floors, sleek cabinetry with striking tan lower cabinets, a large island, and high-end appliances. The upper levels include spacious bedrooms, ample closet space, and spa-inspired bathrooms with custom tilework and modern finishes. The third-floor primary suite features a luxurious walk-in closet and direct access to the pilot house leading to the expansive rooftop deck, ideal for entertaining or relaxing above the city. Additional highlights include a finished basement with laundry and utility space, energy-efficient systems, and a full sprinkler system for added safety. Located just moments from Point Breeze, Graduate Hospital, and University City, this home offers convenient access to parks, dining, public transit, and major highways. 10-year tax abatement.

Listing Agent

Devin Dinofa

(856) 577-2694 dinofateam@gmail.com Keller Williams Realty - Moorestown Listed on: 11/22/2025

Keller Williams Realty - Moorestown

Co-Listing Agent

Thomas Wenger

(215) 805-8076 twenger@kw.com Keller Williams Realty - Moorestown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,653

Lot Details

  • 970 Sq Ft Lot
  • Lot Dimensions are 15.00 x 64.00
  • Property is in excellent condition

Home Design

  • New Construction
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Grays Ferry Subdivision

Listing and Financial Details

  • Assessor Parcel Number 362112100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,653

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 224.64
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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

  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 970.00
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 362112100
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,653 $129,400 $129,400 --
2025 $1,653 $129,400 $129,400 --
2024 $1,653 $129,400 $129,400 --
2023 $1,653 $118,100 $118,100 $0
2022 $302 $118,100 $118,100 $0
2021 $302 $0 $0 $0
2020 $302 $0 $0 $0
2019 $302 $0 $0 $0
2018 $302 $0 $0 $0
2017 $302 $0 $0 $0
2016 $155 $0 $0 $0
2015 $149 $0 $0 $0
2014 -- $11,100 $11,100 $0
2012 -- $3,392 $3,392 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 Pending -- -- --
11/22/2025 11/22/25 For Sale $629,000 +499.0% $225 / Sq Ft
11/22/2024 11/22/24 Sold $105,000 -15.9% -- View Prior Sale
10/15/2024 10/15/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $124,900 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $210,000 None Listed On Document
Deed $210,000 None Listed On Document
Deed $27,500 Vista Abstract Inc
Sheriffs Deed $85,500 None Available
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2561868

Bright MLS

APN: 362112200