NOT LISTED FOR SALE

Estimated Value: $368,893 - $437,000

3 Beds
3 Baths
1,710 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $354,000 $207 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,424/month

Highlights

  • Straight Thru Architecture
  • Hot Water Heating System
  • 2-minute walk to Louis P Paolone Sr Memorial Park
  • No HOA

About This Home

As of September 2022

A tree-lined block in Philly's lively Passyunk Square neighborhood welcomes you to 723 Reed St. This 1710 SqFt 2-story home offers 3 beds, 3 baths, and a private rear patio. The front of the home features a classic brick facade and a raised entry. A tiled vestibule inside leads to the bright and airy living room, where an expansive window provides excellent natural light, and a fireplace mantle anchors the space. Off the living room, there's a luxurious full bathroom with a dual-head rainfall shower and wheelchair accessibility. Soaring 10ft ceilings and hardwood floors extend into the separate dining room fitted with built-in cabinetry and a corner hutch. At the rear of this level, you'll find a large kitchen with lots of counter and cabinet space. Out back, the oasis-like patio acts as a peaceful retreat from the city's hustle, perfect for grilling, gardening, and relaxing. A shared alley provides easy access from the front of the home. The home's second level has tons of space, with a massive bedroom at the front, a full bathroom, hallway cedar closet and two more large bedrooms. Completing the home is an unfinished basement with 7 foot ceilings, washer, dryer, a full bathroom, and extra storage. 723 Reed St's fantastic Passyunk Square location earns a Walk Score of 94! It's just two blocks from booming Passyunk Ave, lined with neighborhood favorites like Essen Bakery, The Pub, Pat's, and Geno's. It's a short walk to the famed 9th St Italian Market, Wine & Spirits, and ACME, plus Fitness Works Gym, Gold Star Park, Sacks Playground, and Jefferson Square are nearby. There's also easy access to public transit, Washington Ave, I-95, and South Jersey. Schedule your in-person or virtual tour today!

Last Agent to Sell the Property

Katherine McCann

kmccann@mccannteam.com KW Empower Listed on: 05/24/2022

KW Empower

Last Buyer's Agent

ANDREW SUTTON

(215) 964-5500 andrewsutton@jrreteam.com KW Empower

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1925

Lot Details

  • 1,120 Sq Ft Lot
  • Lot Dimensions are 16.00 x 70.00

Home Design

  • Straight Thru Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • 1,710 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 233
  • Assessor Parcel Number 012028100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,949

Year Built

Built in 1925

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, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1710
  • Living Area Sq Ft: 1710
  • Price Per Sq Ft: 216.37
  • Above Grade Finished Sq Ft: 1710
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00

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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: 0.03
  • Lot Dimensions: 16.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1120.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1618.00
  • Tax Annual Amount: 2949.00
  • Assessor Parcel Number: 012028100
  • Tax Lot: 233
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2025
Sold by
Wager James Derek
Bought by
Wager Jerry L and Hartley Louise J
Current Estimated Value
$402,973

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 19, 2022
Sold by
Sally Macallaster Revocable Trust
Bought by
Wager James Derek
Seller's Agent
Katherine McCann
KW Empower
Buyer's Agent
ANDREW SUTTON
KW Empower
List Price
$389,000
Sold Price
$354,000
Premium/Discount to List
-$35,000
-9%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Mar 4, 2004
Sold by
Macallaster Sally
Bought by
The Sally Macallaster Revocable Trust

Purchase Details

Closed on
Jun 28, 1995
Sold by
Raspante Rose and Carlisi John A
Bought by
Macallaster Willard and Macallaster Sally
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wager Jerry L -- None Listed On Document
Wager James Derek $354,000 Go Abstract Services
The Sally Macallaster Revocable Trust -- Commonwealth Title
Macallaster Willard $49,000 Commonwealth Land Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $354,000 -4.3% $207 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $370,000 -2.4% $216 / Sq Ft
06/15/2022 06/15/22 Price Changed $379,000 -2.6% $222 / Sq Ft
05/24/2022 05/24/22 For Sale $389,000 -- $227 / 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 $3,785 $300,800 $60,160 $240,640
2024 $3,785 $300,800 $60,160 $240,640
2023 $3,785 $270,400 $54,080 $216,320
2022 $3,155 $225,400 $54,080 $171,320
2021 $2,949 $0 $0 $0
2020 $2,949 $0 $0 $0
2019 $2,723 $0 $0 $0
2018 $2,275 $0 $0 $0
2017 $2,275 $0 $0 $0
2016 $1,855 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $172,300 $20,048 $152,252
2012 -- $9,696 $1,831 $7,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2120518

Bright MLS

APN: 012028100