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Backup Offers

1509 Reed St, Philadelphia, PA, 19146

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,384 SqFt
$272/SqFt
Townhouse
Schools Nearby

Location

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1509 Reed St, Philadelphia$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1915
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2338792
Lot Size0.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1509 Reed St

Welcome to 1509 Reed Street, a stylish, contemporary home with designer finishes throughout and a coveted TAX ABATEMENT. Originally imagined in 2020 by Wagner Urban Development, the current owners have put their own effortless spin on the traditional Philadelphia rowhome by focusing on clean lines, crisp accents, and airy environments. Enter the property through a custom oak door with a gorgeous arched transom. You are greeted by wide-plank white oak floors that are consistent throughout the home. The living space boasts soaring ceilings and an expansive front window with light pouring in from the southern exposure. Feel the significance of the 18 foot wide footprint of the home. A half bath on the primary floor can be found as you enter the kitchen. The owners commissioned a custom, stone topped island resulting in stylish additional counter space. Custom cabinetry, open shelving and stainless steel appliances accent the space and are balanced by two windows on a 3rd exposure. The depth of the property affords a dining room in the rear, a luxury in South Philadelphia, as well as a large outdoor space. The dining room has french doors that bring the outside indoors in the warmer months. The private patio is perfect for entertaining. On the second floor of the home, you’ll find a substantial rear bedroom with skyline views, as well as two other bedrooms. A full bathroom in the hall features hand-painted cement floor tiles and a soaking tub. The colorful floor adds a fun pop to the room and is balanced with traditional white subway tiles. Laundry hook-ups can be found in a storage closet on the 2nd floor. All bedrooms on this level feature large windows and closets. The third floor is home to the owner’s suite and a fully reimagined en-suite bathroom. First, as you ascend to the primary space, you will find a rooftop deck with stunning views of Center City. The primary bedroom has two custom built-in closets. The new bathroom was reconfigured to maximize space and style and is a true jawdropper with a walk in shower like no other. Don’t miss your chance to be the next stewards of this one-of-a-kind home in Newbold. A block to the Broad Street Line opens up the entire city but if you’d prefer to stay local, the fun and vibrant Passyunk Ave is a short walk away. Not to mention neighborhood favorites like South Philadelphia Taproom, American Sardine Bar, Ultimo Coffee, Hardena, and more. 7 years remaining on the TAX ABATEMENT.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Stories: 3
  • Living Area: 2,384 SqFt

Listing Office:

  • Office Name: Elfant Wissahickon Realtors
  • Office Phone: (215) 866-0050
  • Listing Agent: Jeanne A Whipple

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • 3D Tour: 1509 Reed St

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Universal Audenried Charter High School, Public Charter Grades 9-12
  • G.W. Childs Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Accessible via BSL and car.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $3,875
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1509 Reed St vs Philadelphia

17 DAYS ON ROCKET

-33 Days

$649,000

+$390.1K More

$272/SqFt

+$76 More

KEY TAKEAWAY

This property is $390.1K more than the Median Sold Price and $76/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2338792

Listing Office:

  • Office Name: Elfant Wissahickon Realtors
  • Office Phone: (215) 866-0050
  • Listing Agent: Jeanne A Whipple

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 12:11:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 18, 2021Home Sold
$575,000
Feb 05, 2019Home Sold
$220,000
Aug 17, 2015Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,875 -
2019$3,601$257,300
2018$2,808$200,600
2017$1,669$119,200

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5678678
4
/10
  • G.W. Childs Elementary School

  • 1599 Wharton St

  • 0.10 miles

  • Public District Grades KG-8

High School

school-card-donut-5678679
4
/10
  • Universal Audenried Charter High School

  • 3301 Tasker St

  • 1.56 miles

  • Public Charter Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,750. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1509 Reed St

What is the listing price of this property?

The listing price of 1509 Reed St property is $649,000.

What type of property is this?

The property 1509 Reed St is a townhouse located in Philadelphia, Pennsylvania, 19146.

Is this property for sale now?

Accepting Backup Offers: 1509 Reed St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1509 Reed St are:
G.W. Childs Elementary School: GreatSchools Rating 4/10
Universal Audenried Charter High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,875 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 18, 2021 for $575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1509 Reed St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1509 Reed St is 2,384 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1509 Reed St is 1915.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191461509 Reed St

This home is located at 1509 Reed St in Philadelphia, PA and zip code 19146 in the South Philadelphia neighborhood. This 2,384 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $649,000.

In April 2024 more than 242 listings in Philadelphia, PA were sold above the asking price. During the same period more than 216 listings were sold at asking price, while more than 502 were sold below. In April 2024 in Philadelphia, PA there were 9.8% more homes for sale than in March 2024. Listings spent 50 days on the market in April 2024, and had a median list price of $258,806 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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