NOT LISTED FOR SALE

Estimated Value: $417,000 - $472,314

5 Beds
2.5 Baths
1,880 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $420,000 $223 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,771/month

153 Days on Market

Highlights

  • Straight Thru Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to Gold Star Park
  • No HOA

About This Home

As of March 2024

515 Reed St is a large, updated 3-story home offering 5 beds, 2.5 baths, a private patio, central a/c, and a fantastic location in vibrant Dickinson Narrows. A towering red brick facade welcomes you out front with a style that's classic Philly. Inside, gleaming newly updated hardwood floors stretch across the open living and dining areas, where tall, bright windows and high ceilings combine for an airy feel. Past a powder room, the kitchen is also filled with natural light. Out back, the private patio is the perfect spot to escape the city's hustle while grilling, gardening, or relaxing. Up on the second level, a bathroom and a bedroom, ideal for an office or closet, sits at the rear. There are two more bright bedrooms with hardwood floors in the middle and front. The top level has a similar layout with a larger bathroom, with freshly painted vanity and a middle bedroom with an attached bonus space for a closet or office. Completing the home is a clean, dry basement that holds the laundry, the gas furnace, and the gas water heater. In addition to everything inside, 515 Reed St's charming location earns a Walk Score of 90! A few blocks away, lively E Passyunk Ave and E Moyamensing Ave are both lined with popular restaurants and friendly shops. The famed 9th St Italian Market is nearby, plus parks & playgrounds, including Gold Star, Sacks, Dickinson Sq and Jefferson Sq, are close. There's also easy access to public transit, Washington Ave, Columbus Blvd, I-95, and South Jersey. Schedule your tour today!

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 09/18/2023

KW Empower

Last Buyer's Agent

Alison Centrone

BHHS Fox & Roach-Media License #RS227537L

BHHS Fox & Roach-Media

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1915

Lot Details

  • 735 Sq Ft Lot
  • Lot Dimensions are 16.00 x 45.00

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 1,880 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Dickinson Narrows Subdivision

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number 011233900

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,588

Year Built

Built in 1915

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
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: 515 Reed St is a large, updated 3-story home offering 5 beds, 2.5 baths, a private patio, central a/c, and a fantastic location in vibrant Dickinson Narrows. A towering red brick facade welcomes you out front with a style that's classic Philly. Inside, gleaming newly updated hardwood floors stretch across the open living and dining areas, where tall, bright windows and high ceilings combine for an airy feel. Past a powder room, the kitchen is also filled with natural light. Out back, the private patio is the perfect spot to escape the city's hustle while grilling, gardening, or relaxing. Up on the second level, a bathroom and a bedroom, ideal for an office or closet, sits at the rear. There are two more bright bedrooms with hardwood floors in the middle and front. The top level has a similar layout with a larger bathroom, with freshly painted vanity and a middle bedroom with an attached bonus space for a closet or office. Completing the home is a clean, dry basement that holds the laundry, the gas furnace, and the gas water heater. In addition to everything inside, 515 Reed St's charming location earns a Walk Score of 90! A few blocks away, lively E Passyunk Ave and E Moyamensing Ave are both lined with popular restaurants and friendly shops. The famed 9th St Italian Market is nearby, plus parks & playgrounds, including Gold Star, Sacks, Dickinson Sq and Jefferson Sq, are close. There's also easy access to public transit, Washington Ave, Columbus Blvd, I-95, and South Jersey. Schedule your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1880
  • Living Area Sq Ft: 1880
  • Price Per Sq Ft: 233.51
  • Above Grade Finished Sq Ft: 1880
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • 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

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: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 45.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 735.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2517.00
  • Tax Annual Amount: 4588.00
  • Assessor Parcel Number: 011233900
  • Tax Lot: 190
  • Tax Total Finished Sq Ft: 1880
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/29/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Mar 19, 2024
Sold by
Hicks Kelly A and Hicks Jeffrey G
Bought by
Nardi Ralph and Centrone Stephanie
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Alison Centrone
BHHS Fox & Roach-Media
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
200
Current Estimated Value
$441,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,829
Avg. Annual Appreciation
3.61%
Original Mortgage
$412,392
Outstanding Balance
$406,487
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$35,342

Purchase Details

Closed on
Oct 31, 2015
Sold by
Hicks Jeffrey G
Bought by
Hicks Kelly A and Hicks Jeffrey G

Purchase Details

Closed on
Oct 31, 2007
Sold by
Chan Siu C
Bought by
Hicks Jeffrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,350
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Fleming Charles E and Fleming Anna Kelly
Bought by
Chan Siu C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 1999
Sold by
Tran Ming Kien
Bought by
Fleming Charles E
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
Nardi Ralph $420,000 Trident Land Transfer
Hicks Kelly A -- None Available
Hicks Jeffrey G $239,200 None Available
Chan Siu C $141,000 None Available
Fleming Charles E $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nardi Ralph $26,095
Open Nardi Ralph $412,392
Previous Owner Hicks Jeffrey G $195,200
Previous Owner Hicks Jeffrey G $191,350
Previous Owner Chan Siu C $105,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $420,000 -4.3% $223 / Sq Ft
01/31/2024 01/31/24 Price Changed $439,000 -2.4% $234 / Sq Ft
09/18/2023 09/18/23 For Sale $450,000 -- $239 / 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 $4,589 $385,700 $77,140 $308,560
2024 $4,589 $385,700 $77,140 $308,560
2023 $4,589 $327,800 $65,560 $262,240
2022 $3,686 $327,800 $65,560 $262,240
2021 $3,686 $0 $0 $0
2020 $3,686 $0 $0 $0
2019 $3,402 $0 $0 $0
2018 $3,360 $0 $0 $0
2017 $3,360 $0 $0 $0
2016 $3,491 $0 $0 $0
2015 $2,987 $0 $0 $0
2014 -- $252,900 $11,978 $240,922
2012 -- $12,256 $1,792 $10,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2279408

Bright MLS

APN: 011233900