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1509 Reed Street

Philadelphia, PA 19146

Name: Open House: 11am-1pm
Start: 2024-04-28T11:00:00
End: 2024-04-28T13:00:00
Location: 1509 Reed Street

4 beds
3 baths
2,384 sqft
1,440 sqft lot
$272 per sqft
1915 build

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.

Listing courtesy of BRIGHT / Elfant Wissahickon Realtors

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# PAPH2338792 —

The Building

Year Built:

1915
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Interior Row/Townhouse
Architectural Style:

Traditional
Levels:

3
Accessibility Features:

None
Foundation Details:

Stone, Concrete Perimeter
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Fin SqFt:

2384
Above Grade Fin SqFt Source:

Estimated
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

2157

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2384
Living Area SqFt:

2,384 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA, VA
Possession:

0-30 Days CD, 31-60 Days CD, 61-90 Days CD

Location

Directions:

Accessible via BSL and car.
Latitude:

39.93337250
Longitude:

-75.16985321

The Property

Property Type:

Residential
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

18.00 x 80.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,440 Sqft
Inclusions:

all appliances, kitchen island
Zoning:

RSA5
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

O50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

365348705
Tax Year:

2022
Tax Lot:

78
Tax Annual Amount:

$3,079
Tax Assessed Value:

$220,000
Year Assessed:

2023
School Tax:

1689.0
City/Town Tax:

1389.00
Total Taxes Pymnt Freq:

Annually

Beds

Bedrooms:

4
Upper Level Bedrooms:

4
Upper Level 1 Bedrooms:

3
Bedrooms Upper Level:

1

Baths

Bathrooms Total Count:

3
Full Bathrooms:

2
Half Bathrooms:

1
Bathrooms Main Level:

1.00
Half Bathrooms Main Level:

1
Upper Level Full Baths:

2
Bathrooms Count All Upper Levels:

2
Bathrooms Count Upper Level:

1.00
Bathrooms Count Upper Level:

1.00
Bathrooms Full Upper Level:

1
Bathrooms Full Upper Level:

1

The Listing

Virtual Tour
Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Newbold
Senior Community:

No
Pool:

No Pool
HOA:

No
Condo/Coop Association:

No

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$649,000

Expense	Monthly cost
Mortgage	$3,475
Taxes	$256
Insurance	$178
Utilities	$222 See report
Total	$4,131/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/16/24 Apr 16, 2024	Listed / Active	BRIGHT	$649,000

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This townhouse located in South Philadelphia, Philadelphia, PA 19146 is currently for sale for $649,000. 1509 Reed Street is a 2,384 square foot townhouse with 4 beds and 3 baths. 1509 Reed Street is in the South Philadelphia neighborhood of Philadelphia and has a WalkScore® of 87, making it very walkable. This townhouse is in the attendance area of George W Childs School and South Philadelphia High School.

Listing Courtesy of: BRIGHT and Elfant Wissahickon Realtors.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.