• 1509 Reed Street PHILADELPHIA, PA 19146

  • $649,000
  • 4
    Bed(s)
  • 2.5
    Baths
  • 2,157
    Sq Ft
  • 1440
    Sqft

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 Type :

Residential

Subdivision :

Newbold

County :

PHILADELPHIA

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Total Bedroom (Upper): 4

Bedroom Upper Level 1: 3

Bedroom Upper Level 1: 1

Bathroom Information

Total Baths: 3

Full Baths: 2

Half Baths: 1

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Full

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1915

Structure: Interior Row/Townhouse

New Construction: No

Built: 1915

Construction Material: Masonry

Foundation/Basement: Stone,Concrete Perimeter

Architecture: Traditional

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 1,440

Dimensions: 18.00 x 80.00

Lot Size (Acres): 0.03

Architectural Style: Traditional

Main Square Feet: 1,440

Property Information

SQ ft: 2,384

SQ ft (Living Area): 2,384

Total Lot SQ ft: 1,440

Subdivision: NEWBOLD

Financing: Cash,Conventional,FHA,VA

Appx. Lot Dimensions: 18.00 x 80.00

Total Acreage: 0.03

New Construction: No

Type: Traditional

Listing Information

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

Days Of Market: 11

Tax Information

Annual Tax: $3,079

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

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

Assessment Information

Taxes Assessment Amount: $220,000

Virtual Tour

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional,FHA,VA

Homeowners Association Information

Direction: Accessible via BSL and car.

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: Accessible via BSL and car.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1338 S Stanley Street , Philadelphia, PA,19146 $89,900 -- -- 714 714 Sqft
1226 S Patton Street , Philadelphia, PA,19146 $225,000 -- -- 1,632 1632 Sqft
2235 Cross Street , Philadelphia, PA,19146 $195,000 3 1.5 -- 707 Sqft
1438 S Colorado Street , Philadelphia, PA,19146 $395,000 3 2.5 1,261 624 Sqft
1520 S 31st Street , Philadelphia, PA,19146 $54,000 -- -- 767 767 Sqft
1323 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 658 658 Sqft
1325 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 644 644 Sqft
1327 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 644 644 Sqft
1329 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 644 644 Sqft
1414 S Taylor Street , Philadelphia, PA,19146 $175,000 -- -- 681 681 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/01/2024 @ 01:53

MLS: PAPH2338792
LISTED BY: Jeanne A Whipple , Elfant Wissahickon Realtors
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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