Sold
Last Sold Price
2 beds
308 Reed St, Unit 2, Philadelphia, PA 19147
CondoProperty Type
2024Year Built

Description

Welcome to Magnolia Court - A luxurious and sophisticated new construction development in the heart of Pennsport, brought to you by local developer Lily Development. These stunning units are built to the highest standards of craftsmanship and design, ensuring that you will enjoy the utmost comfort and convenience in your new home. These homes offer spacious layouts that are perfect for anyone who value space and privacy. This 2 bedroom / 1 bathroom home offers living on one level and a roof deck...Welcome to Magnolia Court - A luxurious and sophisticated new construction development in the heart of Pennsport, brought to you by local developer Lily Development. These stunning units are built to the highest standards of craftsmanship and design, ensuring that you will enjoy the utmost comfort and convenience in your new home. These homes offer spacious layouts that are perfect for anyone who value space and privacy. This 2 bedroom / 1 bathroom home offers living on one level and a roof deck and providing you with the convenience of having your own private parking space. Additionally, buyers have the option to choose from a curated selection package of finishes, allowing you to customize your home to your own personal style. You'll find plenty of things to do in the surrounding area, as Magnolia Court is walking distance to a wide variety of restaurants, coffee shops, and parks. At Magnolia Court, we pride ourselves on offering the highest quality of life to our residents. Come and experience the luxurious lifestyle that awaits you in our exquisite community. Quick delivery homes available. Delivery Q3 of 2023. Taxes and association fees are TBD. It is the responsibility of the buyer to have taxes and square footage verified. Photos are a general representation and may not depict actual finishes.
  • Listed by: Jim Onesti 484.429.6769 jonesti@mccannteam.com • KW Empower
  • Listed by: Arvind Balaji 215.709.4141 arvind@mccannteam.com • KW Empower
Listing closed: 04/30/2024 12:00 AM • Source: BRIGHT, MLS#: PAPH2345728

Recent comparable sales

Median sold price

$540,000

Avg days on market

53

Sale-to-list ratio

96.7%

Philadelphia, PA

9 comparable properties found

a car parked in front of a building
1/41
1

$540,000

Sold 01/05/26

2
Bedrooms
1,346
Square Feet
Unavailable
Acres
2

$625,000

Sold 04/10/26

2
Bedrooms
1
Bathrooms
1,254
Square Feet
Unavailable
Acres
a living room with furniture and a floor to ceiling window
1/28
3

$610,000

Sold 01/29/26

2
Bedrooms
1,201
Square Feet
Unavailable
Acres
$575,000 | 200 Locust Street, Unit 29AN, Philadelphia, PA 19106
1/59
4

$575,000

Sold 07/14/26

2
Bedrooms
1,201
Square Feet
Unavailable
Acres
5

$670,000

Sold 11/03/25

2
Bedrooms
1
Bathrooms
2,111
Square Feet
Unavailable
Acres
a living room with fireplace furniture and a rug
1/30
6

$485,000

Sold 11/05/25

2
Bedrooms
1,229
Square Feet
Unavailable
Acres
a living room with furniture a fireplace and a flat screen tv
1/23
7

$480,000

Sold 06/04/25

2
Bedrooms
1,168
Square Feet
Unavailable
Acres
$502,800 | 205 Cuthbert Street, Unit 201, Philadelphia, PA 19106
1/42
8

$502,800

Sold 06/12/26

2
Bedrooms
1,197
Square Feet
Unavailable
Acres
a living room with furniture and a large window
1/51
9

$460,000

Sold 07/17/25

2
Bedrooms
1,131
Square Feet
Unavailable
Acres

Location

Listing Courtesy of KW Empower

Sold By Compass Pennsylvania, LLC

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,123 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,973

Property Taxes

$0

HOA Dues

$150

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 308 Reed Street, Unit 2

Property Details
  • Pet Policy: Allowed
  • Condo/Co-op Fees: $150 / month
  • MLS Type: Residential / Condo
  • Tax ID Number: 011234800
  • Ownership: Condominium
  • Condo Coop Association: Yes
  • HOA: No
  • Entry Floor Number: 1
  • Structure Type: Unit/Flat/Apartment
  • Style: Unit/Flat
  • Levels/Stories: 1
  • Unit Building Type: Garden 1 - 4 Floors
  • Waterfront: No
  • Garage: No
  • Subdivision: PENNSPORT
  • Subdivision: PENNSPORT (PHILADELPHIA PA)
  • Municipality: PHILADELPHIA
  • Washer/Dryer/Hook Up in Unit Y/N: Yes
  • Central Air: Yes
  • Basement: No
  • Above Grade Finished SQFT: .00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: Yes
  • Construction Completed: Yes
  • Property Condition: Excellent
Building Information
  • Building/Complex: 308 Reed St
  • Stories: 1
  • Pet Policy: Allowed
  • Pet Policy Details: No Pet Restrictions
  • Year Built: 2024
Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
Waterfront / Water Access
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
Association / Community Info
  • HOA Condo Coop Fee Includes: None
  • HOA Condo Coop Amenities: None
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $138,400
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $874
  • Land Assessed Value: $138,400
  • Clean Green Assessed: No
  • Land Use Code: RA
  • Zoning: RSA5
  • Tax Lot: 267
  • School Tax: $1,063
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
  • Concessions: Yes
  • Concessions Amount: $2,944
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 59.00 x 165.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 875790
Parking
Parking
  • Type Of Parking: Parking Lot
  • Number of Assigned Spaces: 1
  • Parking Features: Assigned
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: Has Laundry
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
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
  • List Agent URL: www.McCannTeam.com

Property History for 308 Reed Street, Unit 2

DateEvent & SourcePriceAppreciation
Apr 30, 2024

Closed

BRIGHT #PAPH2345728

$585,000
Apr 22, 2024

Pending

BRIGHT #PAPH2345728

Apr 22, 2024

Listed (Active)

BRIGHT #PAPH2345728

$600,000
DateEvent & SourcePrice
04/30/2024

Closed

BRIGHT #PAPH2345728

$585,000
04/22/2024

Pending

BRIGHT #PAPH2345728

04/22/2024

Listed (Active)

BRIGHT #PAPH2345728

$600,000

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

Schools near 308 Reed Street, Unit 2

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 12
Public - 9 to 12
Rating
School
Distance
Vare-Washington Elementary School
PublicPK to 8

Furness Horace High School
Public9 to 12

Widener Memorial School
PublicK to 12

Arts Academy at Benjamin Rush
Public9 to 12

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.

Neighborhood Map and Transit

Similar Homes

New listings in 19147

$449,000 | 1314 South Fairhill Street, Philadelphia, PA 19147
1/25
Open: 8/30 11:00AM - 01:00PMNew

$449,000

2
Bedrooms
1,200
Square Feet
0.02
Acres
$575,000 | 920 Ellsworth Street, Philadelphia, PA 19147
1/34
Open: 8/29 11:00AM - 01:00PMNew

$575,000

3
Bedrooms
1,274
Square Feet
0.01
Acres
$800,000 | 340 Monroe Street, Philadelphia, PA 19147
1/28
Open: 8/29 10:00AM - 12:00PMNew

$800,000

3
Bedrooms
1,800
Square Feet
0.02
Acres
$399,900 | 1115 South 7th Street, Philadelphia, PA 19147
1/30
Open: 8/29 12:00PM - 02:00PM

$399,900

2
Bedrooms
1,056
Square Feet
0.02
Acres
$324,900 | 1221 Dickinson Street, Philadelphia, PA 19147
1/22

$324,900

4
Bedrooms
1,416
Square Feet
0.02
Acres
$739,900 | 119 Federal Street, Philadelphia, PA 19147
1/61
Open: 8/29 12:00PM - 02:00PM

$739,900

3
Bedrooms
2,924
Square Feet
0.02
Acres
$419,000 | 1115 South 3rd Street, Philadelphia, PA 19147
1/25
Open: 8/29 11:00AM - 01:00PM

$419,000

2
Bedrooms
1,407
Square Feet
0.02
Acres
$100,000 | 607 Sears Street, Philadelphia, PA 19147
1/3

$100,000

Unavailable
Bedrooms
Unavailable
Bathrooms
540
Square Feet
0.01
Acres
$625,000 | 1419-21 South Orianna Street, Philadelphia, PA 19147
1/36

$625,000

3
Bedrooms
2,625
Square Feet
0.02
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

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.