Seller's Agent in 2021
Margaux Genovese Pelegrin
Compass RE
(215) 205-2400
12 in this area
337 Total Sales
408 Reed St Philadelphia, PA 19147
Dickinson Square West NeighborhoodEstimated Value: $775,000 - $966,000
3
Beds
5
Baths
2,925
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- Central Air
- 2-minute walk to Pennsport Veterans Memorial
- 2 Car Direct Access Garage
- Heat Pump System
About This Home
As of November 2021Welcome to 408 Reed Street, located within the highly sought-after Southwark on Reed Community! This home features 3 incredible bedrooms, 3 full and 2 half baths, and a 2-car garage. It is complete with gorgeous hardwood floors on the first and second level, upgraded bathroom tiles, high ceilings, a roof deck with incredible city skyline views, and not-to-mention approximately 7 YEARS remaining on the tax abatement.
The first floor includes a den/flex space perfect for an office, workout room, or additional sitting area, in addition, this floor includes a half bathroom and garage access. The massive living area is located on the second floor where you can best feel the width of the home's 20ft wide lot. Here you'll find the beautifully upgraded kitchen with white cabinets and quartz countertops. The kitchen is centered between the light-drenched living room with north-facing views and the dining room that has a peak view of one of the four community's rain gardens. This floor also features a powder room, convenient for all your family and friends.
Continue to the third floor where two of the bedrooms are situated - one with a walk-in closet ensuite, and the other with an accessible full bathroom and beautiful north-facing views. This floor also houses a spacious laundry room. The owner's suite is perched on the fourth floor with a gloriously fitted walk-in closet, stunning bathroom, and access to the roof deck with breathtaking views from river to river. The lower level offers plenty of storage space and can be easily finished to fit your family's needs as a potential additional living space, workout space, or bedroom. Southwark on Reed is centrally located near Passyunk Square, Queen Village, Bella Vista, and the Italian Market. Don't miss this Pennsport Beauty. Make your appointment today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,897
Year Built
- Built in 2018
Lot Details
- 800 Sq Ft Lot
- Lot Dimensions are 20.00 x 40.00
HOA Fees
- $150 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Straight Thru Architecture
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 2,925 Sq Ft Home
- Property has 3 Levels
- Partial Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- Southwark On Reed Subdivision
Listing and Financial Details
- Tax Lot 387
- Assessor Parcel Number 011236108
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2021
Closed on
Nov 2, 2021
Sold by
Dale Mccullough L
Bought by
Hammill David M and Hammill Lauren Dobbs
Seller's Agent
Margaux Genovese Pelegrin
Compass RE
Buyer's Agent
Nancy Serpentine
Compass RE
List Price
$825,000
Sold Price
$820,000
Premium/Discount to List
-$5,000
-0.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,846
Avg. Annual Appreciation
2.71%
Original Mortgage
$652,000
Interest Rate
2.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2018
Sold by
400 Reed Street Owner Llc
Bought by
Mccullough L Dale and Mccullough Earl Bradley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hammill David M | $820,000 | Commonground Abstract | |
| Mccullough L Dale | $698,680 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hammill David M | $652,000 | |
| Previous Owner | Earl Mccullough L | $423,140 | |
| Previous Owner | Mccullough L Dale | $425,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $820,000 | -0.6% | $280 / Sq Ft |
| 09/22/2021 09/22/21 | For Sale | $825,000 | -- | $282 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,055 | $821,500 | $164,300 | $657,200 |
| 2024 | $2,055 | $821,500 | $164,300 | $657,200 |
| 2023 | $2,055 | $734,200 | $146,840 | $587,360 |
| 2022 | $1,897 | $146,840 | $146,840 | $0 |
| 2021 | $1,897 | $0 | $0 | $0 |
| 2020 | $1,897 | $0 | $0 | $0 |
| 2019 | $554 | $0 | $0 | $0 |
| 2018 | $554 | $0 | $0 | $0 |
| 2017 | $519,426 | $0 | $0 | $0 |
| 2016 | $519,426 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Margaux Genovese Pelegrin
-
Nancy Serpentine
Seller Co-Listing Agent in 2021
Nancy Serpentine
Compass RE
(215) 768-1994
19 in this area
139 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2032610
APN: 011236108
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