NOT LISTED FOR SALE

Estimated Value: $373,000 - $488,637

3 Beds
1.5 Baths
1,520 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $497,500 $327 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,700/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Federal Architecture
  • 1 Fireplace
  • 2-minute walk to Louis P Paolone Sr Memorial Park

About This Home

As of August 2023

Welcome to 729 Reed Street, a stunning 3-bedroom home nestled in the heart of South Philadelphia's most desirable and hip area. This semi-detached Passyunk Sq gem is bathed in sunlight and boasts a range of exquisite customizations, making it a truly exceptional find. Upon entering, you'll be greeted by an expansive, open floor layout that effortlessly guides you through the home. The living room is a spacious and inviting retreat, adorned with a decorative fireplace embellished with a charming brick insert. The room exudes warmth and character with its red oak hardwood flooring, while the custom handmade red oak stairs and banister add a touch of elegance. Not to mention, the living room also features a unique built-in radiator cover made of poplar, offering both style and practical storage nooks. Adjacent to the living room, you'll find the delightful dining room and kitchen combination. This bright and roomy space boasts tiled flooring, stainless steel appliances, and two large windows that flood the area with natural light. Whether you're entertaining guests or enjoying a cozy meal, this versatile space provides ample room for both. The first floor is completed with a convenient half bath and a laundry/mud room that leads to a spacious patio yard. This outdoor oasis is perfect for relaxing and hosting gatherings, offering enough space for outdoor furniture and a grill. Additionally, the patio features a practical bike rack mounted along the home's side wall, providing easy access to Reed Street. Moving to the second floor, you'll discover three generously sized bedrooms, each adorned with the same beautiful hardwood flooring and filled with abundant natural light. These serene spaces offer the perfect retreat for rest and relaxation. The second floor also houses a stylish three-piece hall bath, complete with a window, tub-shower combo, and elegant tile surround and flooring. It's a tranquil haven where you can unwind after a long day. Completing this remarkable home is the basement, spanning the entire footprint of the property. With ample space for storage and a workshop, the basement offers endless possibilities for customization, allowing you to tailor it to suit your unique needs. To make this exceptional property even more enticing, the owners are willing to sell any of the furniture in the home. Simply inquire about pricing for any items that catch your eye. Don't miss the opportunity to own this extraordinary 3-bedroom home in one of South Philadelphia's most sought-after neighborhoods. With its impeccable customizations, unbeatable location, and inviting charm, 729 Reed Street is a true gem

Last Agent to Sell the Property

Kathy Walsh

(267) 718-0908 kwalsh@spaceandcompany.com Compass RE License #RS282756 Listed on: 07/13/2023

Compass RE

Last Buyer's Agent

Matthew Ochs

(267) 446-6565 mochs@spaceandcompany.com Space & Company License #RS340037

Space & Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1925

Lot Details

  • 1,335 Sq Ft Lot
  • Lot Dimensions are 18.00 x 74.00
  • South Facing Home
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Poured Concrete
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • 1 Fireplace
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Location

  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Passyunk Square Subdivision

Listing and Financial Details

  • Tax Lot 252
  • Assessor Parcel Number 012028400

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,386

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • 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

  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Tub Shower, Window Treatments, Wood Floors
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Poured Concrete
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 327.30
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 74.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1335.00
  • Property Condition: Excellent
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2407.00
  • Tax Annual Amount: 4386.00
  • Assessor Parcel Number: 012028400
  • Tax Lot: 252
  • 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

Listed on
Jul 13, 2023
Closed on
Aug 17, 2023
Sold by
Skalleberg Lucas C and Komishani Maana Setambar
Bought by
Brown Noah G
Seller's Agent
Kathy Walsh
Compass RE
Buyer's Agent
Matthew Ochs
Space & Company
List Price
$460,000
Sold Price
$497,500
Premium/Discount to List
$37,500
8.15%
Views
14
Current Estimated Value
$445,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,591
Avg. Annual Appreciation
-4.85%
Original Mortgage
$447,750
Outstanding Balance
$437,829
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$8,080

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 19, 2021
Sold by
Ryan Fisher
Bought by
Skalleberg Lucas C and Komishani Maana Setambar
Seller's Agent
Matthew Aragona
Compass RE
Buyer's Agent
Kathy Walsh
Compass RE
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$279,930
Interest Rate
3.05%

Purchase Details

Listed on
Sep 26, 2015
Closed on
Jan 4, 2016
Sold by
Vogel Gina M
Bought by
Perkins Bethany and Fisher Ryan
Seller's Agent
KEN GEHRIS
USRealty.com LLP
Buyer's Agent
Ashley Gay
Compass RE
List Price
$279,900
Sold Price
$259,900
Premium/Discount to List
-$20,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$255,192
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2012
Sold by
Vogel Henry T
Bought by
Vogel Gina M

Purchase Details

Closed on
Mar 31, 1978
Bought by
Henry Henry T and Henry Rose
Source: Public Records

Range of Values:

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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
Brown Noah G $497,500 None Listed On Document
Skalleberg Lucas C $399,900 H & H Settlement Services
Perkins Bethany $259,900 None Available
Vogel Gina M -- None Available
Henry Henry T $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Noah G $447,750
Previous Owner Skalleberg Lucas C $279,930
Previous Owner Perkins Bethany $255,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $497,500 0.0% $327 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/16/2023 07/16/23 Price Changed $497,500 +8.2% $327 / Sq Ft
07/13/2023 07/13/23 For Sale $460,000 +15.0% $303 / Sq Ft
10/27/2021 10/27/21 Sold $399,900 0.0% $263 / Sq Ft View Prior Sale
09/14/2021 09/14/21 For Sale $399,900 +53.9% $263 / Sq Ft
01/04/2016 01/04/16 Sold $259,900 0.0% $171 / Sq Ft View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
10/20/2015 10/20/15 Price Changed $259,900 -7.1% $171 / Sq Ft
09/26/2015 09/26/15 For Sale $279,900 -- $184 / 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 $4,387 $354,600 $70,920 $283,680
2024 $4,387 $354,600 $70,920 $283,680
2023 $4,387 $313,400 $62,680 $250,720
2022 $2,710 $268,400 $62,680 $205,720
2021 $3,340 $0 $0 $0
2020 $3,340 $0 $0 $0
2019 $3,082 $0 $0 $0
2018 $2,564 $0 $0 $0
2017 $2,564 $0 $0 $0
2016 $2,144 $0 $0 $0
2015 $2,076 $0 $0 $0
2014 -- $184,900 $24,295 $160,605
2012 -- $8,640 $1,652 $6,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2245582

Bright MLS

APN: 012028400