1509 Reed St
Philadelphia, PA 19146

$650,000

Last Sold Price

Beds

Baths

2,384 Sq. Ft.

$273 / Sq. Ft.

2,384

Sq. Ft.

$273

per Sq. Ft.

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Closed 6/20/24Virtual Tour

1509 Reed Street Philadelphia, PA 19146 - Photo 1 of 34

View from LR to kitchen. Half bath on right

Description

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....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.

Listed by Jeanne A Whipple • Elfant Wissahickon Realtors
P: (215)-866-0050 jeanne@phillyhomegirls.com
Listed by Peter M Brooks • Elfant Wissahickon Realtors
P: (860)-942-6289 peter@phillyhomegirls.com

Property Details for 1509 Reed Street

Tax ID Number

365348705

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Interior Row/Townhouse

Style

Traditional

Levels/Stories

Waterfront

LISTING UPDATED: 06/21/2024 12:03 AM

Property Details for 1509 Reed Street

Status	Closed
MLS #	PAPH2338792
Days on Market	16
Taxes	$3,079 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Townhouse
MLS Type	Residential / Fee Simple
Year Built	1915
Lot Size	0.03 AC / 1,440 SF
County	Philadelphia County

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Location

Listing Courtesy of Elfant Wissahickon Realtors

Sold By Compass Pennsylvania, LLC

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Building Information for 1509 Reed Street

Stories3Residences-Year Built1915Lot Size0.03 AC / 1,440 SF

Payment Calculator

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$3,425 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$257

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 1509 Reed Street

Location

School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District County ID: 300200397108

SchoolDistrictSource: Listing Agent
County: PHILADELPHIA
MLS Area: 19146 (19146)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2022
Tax Assessed Value: $220,000

Year Assessed: 2023
County Tax: $0
Improvement Assessed Value: $107,000
City Town Tax: $1,389
Land Assessed Value: $113,000
Clean Green Assessed: No
Land Use Code: O50
Zoning: RSA5
Tax Lot: 78
School Tax: $1,689
Automatically Update Tax Values Y/N: Yes

Rooms

Main

# Bathrooms Count Main Level: 1
# Bathrooms Half Main Level: 1

All Upper Levels

# Bedrooms Count All Upper Levels: 4
# Bathrooms Count All Upper Levels: 2

# Bathrooms Full All Upper Levels: 2

Upper Level 1

# Bedrooms Count Upper Level: 3
# Bathrooms Count Upper Level: 1

# Bathrooms Full Upper Level: 1

Upper Level 2

# Bedrooms Count Upper Level: 1
# Bathrooms Count Upper Level: 1

# Bathrooms Full Upper Level: 1

Rooms

Stories: Main, Upper 1, Upper 2

Building Info

Total Finished SQFT: 2,384.00
Total Finished SQFT Source: Estimated

Tax Total Finished SQFT: 2,157.00
Total SQFT: 2,384.00
Total SQFT Source: Estimated
Construction Materials: Masonry
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8029/9740/1382/802997401382_512_384_WM_3mHGlhAAxSePasjP.jpg
Basement Type: Full
Foundation Details: Stone, Concrete Perimeter
Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bedrooms-Upper Level 2-1, Bathrooms Full-Upper Level 2-1
# Bathrooms Full: 2
# Bathrooms Half: 1

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 18.00 x 80.00

Lot Dimensions Source: Assessor
Parcel ID: 1125097

Parking

Type Of Parking: On Street

Interior Features

Fireplace: No
Accessibility Features: None

Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=397R9VmiHw6

Exterior Features

Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1509 Reed Street

Date	Event & Source	Price	Appreciation
Jun 20, 2024	Closed BRIGHT #PAPH2338792	$650,000	—
Jun 14, 2024	Closed (Public Record) Public Record #1535053599	$650,000	+3.8% / yr
May 1, 2024	Pending BRIGHT #PAPH2338792		—
May 1, 2024	Active Under Contract BRIGHT #PAPH2338792		—
Apr 16, 2024	Listed (Active) BRIGHT #PAPH2338792	$649,000	—
Feb 25, 2021	Closed BRIGHT #PAPH916952	$575,000	—
Feb 23, 2021	Closed (Public Record) Public Record #693651383	$575,000	—
Feb 23, 2021	Closed (Public Record) Public Record #1455256562	$575,000	+58.7% / yr
Jan 22, 2021	Pending BRIGHT #PAPH916952		—
Jan 22, 2021	Active Under Contract BRIGHT #PAPH916952		—
Jan 21, 2021	Listed (Active) BRIGHT #PAPH916952		—
Jan 20, 2021	Expired BRIGHT #PAPH916952		—
Dec 4, 2020	Price Change BRIGHT #PAPH916952	$579,900	—
Oct 11, 2020	Price Change BRIGHT #PAPH916952	$599,900	—
Sep 10, 2020	Price Change BRIGHT #PAPH916952	$615,000	—
Jul 20, 2020	Listed (Active) BRIGHT #PAPH916952	$625,000	—
Jan 25, 2019	Closed (Public Record) Public Record #639550546	$220,000	+12.8% / yr
Jan 25, 2019	Closed BRIGHT #PAPH506328	$220,000	—
Jan 11, 2019	Pending BRIGHT #PAPH506328		—
Dec 21, 2018	Listed (Active) BRIGHT #PAPH506328	$250,000	—
Aug 12, 2015	Closed (Public Record) Public Record #553850717	$145,000	—

Date	Event & Source	Price
06/20/2024	Closed BRIGHT #PAPH2338792	$650,000
06/14/2024	Closed (Public Record) Public Record #1535053599	$650,000 +3.8% / yr
05/01/2024	Pending BRIGHT #PAPH2338792	—
05/01/2024	Active Under Contract BRIGHT #PAPH2338792	—
04/16/2024	Listed (Active) BRIGHT #PAPH2338792	$649,000
02/25/2021	Closed BRIGHT #PAPH916952	$575,000
02/23/2021	Closed (Public Record) Public Record #693651383	$575,000
02/23/2021	Closed (Public Record) Public Record #1455256562	$575,000 +58.7% / yr
01/22/2021	Pending BRIGHT #PAPH916952	—
01/22/2021	Active Under Contract BRIGHT #PAPH916952	—
01/21/2021	Listed (Active) BRIGHT #PAPH916952	—
01/20/2021	Expired BRIGHT #PAPH916952	—
12/04/2020	Price Change BRIGHT #PAPH916952	$579,900
10/11/2020	Price Change BRIGHT #PAPH916952	$599,900
09/10/2020	Price Change BRIGHT #PAPH916952	$615,000
07/20/2020	Listed (Active) BRIGHT #PAPH916952	$625,000
01/25/2019	Closed (Public Record) Public Record #639550546	$220,000 +12.8% / yr
01/25/2019	Closed BRIGHT #PAPH506328	$220,000
01/11/2019	Pending BRIGHT #PAPH506328	—
12/21/2018	Listed (Active) BRIGHT #PAPH506328	$250,000
08/12/2015	Closed (Public Record) Public Record #553850717	$145,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1509 Reed Street

Taxable ValueLand-Additions-Total-

Tax Record2025$3,203 ($267 / month)

Home Facts

Beds4Total Finished SqFt2,157 SqFtAbove Grade Finished SqFt2,157 SqFtStories3Lot Size1,440 SqFtStyleCondominiumYear Built1915ZoningRSA5CountyPHILADELPHIAAPN36-5-3487-05

Schools near 1509 Reed Street

This home is within The School District of Philadelphia.


Rating	School	Type	Grades	Distance
4/10	Childs George W School	Public - Serves this home	PK to 8	0.1 mi
3/10	South Philadelphia High School	Public - Serves this home	9 to 12	0.7 mi
5/10	Creative And Performing Arts	Public - Choice school	9 to 12	0.5 mi
9/10	Academy At Palumbo	Public - Choice school	9 to 12	0.6 mi
8/10	Girard Academic Music Program (GAMP)	Public - Choice school	5 to 12	1.1 mi
4/10	Constitution High School	Public - Nearby school	9 to 12	1.5 mi
NR	St. Thomas Aquinas	Private - Nearby school	PK to 8	0.3 mi
NR	Annunciation Bvm School	Private - Nearby school	PK to 8	0.4 mi
NR	St Thomas Aquinas School	Private - Nearby school	PK to 8	0.4 mi


Rating	School	Distance
4/10	Childs George W School PublicPK to 8 Serves this home	0.1 mi
3/10	South Philadelphia High School Public9 to 12 Serves this home	0.7 mi
5/10	Creative And Performing Arts Public9 to 12 Choice school	0.5 mi
9/10	Academy At Palumbo Public9 to 12 Choice school	0.6 mi
8/10	Girard Academic Music Program (GAMP) Public5 to 12 Choice school	1.1 mi
4/10	Constitution High School Public9 to 12 Nearby school	1.5 mi
NR	St. Thomas Aquinas PrivatePK to 8 Nearby school	0.3 mi
NR	Annunciation Bvm School PrivatePK to 8 Nearby school	0.4 mi
NR	St Thomas Aquinas School PrivatePK to 8 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elfant Wissahickon Realtors

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

1509 Reed StPhiladelphia, PA 19146

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1509 Reed St
Philadelphia, PA 19146