509 Reed Street

Philadelphia, PA 19147

$410,000
Last Sold Price
Beds
2,160 Sq. Ft.
$190 / Sq. Ft.
2,160
Sq. Ft.
$190
per Sq. Ft.

Property Details for 509 Reed Street

StatusClosed
MLS #PAPH801652
Year Built1915
DOM87
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.02 AC / 1,040 SF
Taxes$3,945 / year
Condo/Co-op Fees-
HOA Fees-
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Property Details for 509 Reed Street

Subdivision
DICKINSON NARROWS
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Straight Thru
Structure Type
End of Row/Townhouse
Garage and Parking Spaces
1
Basement
Yes
County Name
PHILADELPHIA PA

Description

Corner triplex with rear parking in Dickinson Narrows. The first floor is a 1 bedroom unit with a private entrance. The second floor has another 1 bedroom unit. The third floor is a 2 bedroom unit with an updated bath and unobstructed skyline views. The property has been owned and maintained by the same owner for 11+ years, with various updates throughout. Newer roof, electrical, and fire alarm system. The roof also comes with a transferable roof warranty. All "big ticket" items have been taken care... of for you, along with various cosmetic updates done over time. The basement houses the common laundry and is also used for shared storage. All units are already separately metered and the rear parking can be finished off into a full garage.

Listing Agents

  1. Kristin McFeely

    Alternative Listing Agent

    Compass

Building Information for 509 Reed Street

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 1,040 SF

Payment Calculator

$1,803 per month

30 year fixed, 3.51% Interest

Principal and Interest

$1,475

Property Taxes

$329

HOA Dues

$0

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Property Information for 509 Reed Street

Listing / Compensation / Market Information
    Listing Information
  • Buyer Agent Full Name: Frank A Altamuro (3129272)
  • Co List Agent Full Name: Kristin McFeely (3126938)
  • Selling Agent Full Name: Frank A Altamuro
  • Listing Agent MLS ID: 3181965,3126938
  • Selling Agent MLS ID: 3129272
  • List Agent Full Name: Sheena M Marziano (3181965)
  • List Agents: Sheena M Marziano (3181965), Kristin McFeely (3126938)
  • Buyer Agents: Frank A Altamuro (3129272)
  • Listing Agent Full Name: Sheena M Marziano,Kristin McFeely
Rental Info
    Rental Info
  • Existing Lease Type: Long Term, Yearly
Interior / Building / Parking / Property Information
    Interior Details
  • Tax Total Finished SQFT: 2160
  • Above Grade Fin SQFT: 2160
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 2160
    Interior Features
  • Appliances: Built-In Range, Dryer, Refrigerator, Washer, Water Heater
  • Fireplace: No
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: Wall Unit
  • Heating: Yes
  • Heating Type: Forced Air
  • Interior Features: Carpet, Floor Plan - Open, Kitchen - Galley
    Parking Information
  • Num of Attached Garage Spaces: 1
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Oversized
  • Type Of Parking: Driveway, Attached Garage
    Pool / Spa Information
  • Pool: No Pool
    Location Information
  • Cross Street: Ree
  • Directions: At the corner of Reed & Reese Street.
  • Historic: No
  • MLS Area: 19147 (19147)
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Building Information
  • Accessibility Features: None
  • Building Units Total: 3
  • Construction Materials: Masonry
  • New Construction: No
  • Other Structures: Above Grade, Below Grade
    Green Information
  • Clean Green Assessed: No
    Association Information
  • HOA: No
    Unit Information
  • Number Of Units Month To Month: 0
  • Number Of Units Vacant: 0
  • One Bedroom Units Count: 2
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Units Leased Count: 3
    Income / Expense Information
  • Owner Pays: Common Area Maintenance, Insurance, Management, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Water
  • Income Includes: Apartment Rentals, Parking
  • Insurance Expense: $1,918
  • Maintenance Expense: $2,400
  • Operating Expense Includes: Insurance
  • Annual Rental Income: $27,300
    Property Information
  • Property Type: Multi-Family
  • Land Use Code: U50
  • Lot Size Dimensions: 16.00 x 65.00
  • Lot Size Source: Other
  • Lot Size Units: Square Feet
  • Lot SQFT: 1040
  • Lot Size Acres: .02
  • Navigable Water: No
  • Security Features: Fire Detection System, Main Entrance Lock, Smoke Detector
  • Zoning: RSA5
  • Age: 1915.0
    Utilities Information
  • Cooling Fuel: None
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Room Information
    Basement
  • Basement Type: Other, Full
  • Below Grade Fin SQFT: 0
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 0
  • Below Grade Unfin SQFT Source: Assessor
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $1,780
  • County Tax: $0
  • School Tax: $2,165
  • Tax Annual Amount: $3,945
  • Tax Lot: 37
  • Tax Year: 2019
  • Tax ID Number: 011233600
  • Year Assessed: 2019
  • Improvement Assessed Value: $187,539
  • Land Assessed Value: $94,261
  • Tax Assessed Value: $281,800
    Sale Information
  • Close Sale Type: Standard Sale
  • Exclusions: Tenant's possessions
  • Home Warranty: No
  • Possession: 31-60 Days CD, Negotiable
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 509 Reed Street

DateEvent & SourcePriceAppreciation
Sep 26, 2019Closed

BRIGHT #PAPH801652

$410,000
Aug 12, 2019Pending

BRIGHT #PAPH801652

May 26, 2019Listed (Active)

BRIGHT #PAPH801652

$499,000
DateEvent & SourcePrice
09/26/2019
Closed

BRIGHT #PAPH801652

$410,000
08/12/2019
Pending

BRIGHT #PAPH801652

05/26/2019
Listed (Active)

BRIGHT #PAPH801652

$499,000

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

Public Records for 509 Reed Street

Taxable ValueLand$94,261Additions$187,539Total$281,800
Tax Record2019$3,944
Home Facts
Beds4Finished Sq.Ft.2,160 SqFtStories3Lot Size1,040 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIA

Schools near 509 Reed Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Vare-Washington Elementary SchoolPublicPK-80.2 mi
3
Washington George SchoolPublicPK-80.2 mi
NR
Sacred Heart Of Jesus SchoolPrivatePK-80.2 mi
NR
St Nicholas Of Tolentine SchoolPrivatePK-80.5 mi
NR

Vare-Washington Elementary School

PK-8, 0.2 mi, Public

3

Washington George School

PK-8, 0.2 mi, Public

NR

Sacred Heart Of Jesus School

PK-8, 0.2 mi, Private

NR

St Nicholas Of Tolentine School

PK-8, 0.5 mi, Private

NR

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 expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
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