2 months on rocket

1636 Reed St, Philadelphia, PA, 19146

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,184 SqFt
$241/SqFt
Townhouse

Location

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1636 Reed St, Philadelphia$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1925
HeatingRadiant
BasementYes
MLS #PAPH2399710
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 1636 Reed St

Welcome to 1636 Reed Street, a recently renovated gem in the vibrant South Philly Newbold neighborhood. This modern 3-bedroom, 1.5-bathroom home offers 1,184 square feet of thoughtfully designed living space, perfect for first-time homebuyers or savvy investors. Step inside to discover a bright and open floor plan with contemporary finishes. The spacious living area flows into an updated kitchen, ideal for entertaining. The main floor also includes a convenient half bath. Upstairs, three well-appointed bedrooms and a full bathroom provide comfort and privacy. This home offers exciting value-add opportunities, such as adding a third story with a rooftop deck for city views or finishing the basement for extra living space. Notably, 3-story setback comps in the area are trading north of $500K, highlighting the incredible investment potential. Additional amenities include air conditioning, washer/dryer hookup, and a basement for storage or expansion. Located in a neighborhood with tons of new development, 1636 Reed Street is surrounded by various amenities and dining options. Don't miss this chance to own a move-in-ready home with incredible potential. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: AirLite
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,184 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (610) 822-3356
  • Listing Agent: Rafeek O Smith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Radiant

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $241/SqFt

Tax Information:

  • Annual Amount: $2,038
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1636 Reed St vs Philadelphia

61 DAYS ON ROCKET

+17 Days

$285,000

+$23.1K More

$241/SqFt

+$42 More

KEY TAKEAWAY

This property is $23.1K more than the Median Sold Price and $42/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2399710

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (610) 822-3356
  • Listing Agent: Rafeek O Smith

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,038 -
2019$1,895$135,400
2018$1,237$88,400
2017$1,237$88,400

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-594785
3
/10

  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 0.65 miles

  • Public District Grades KG-4

school-card-donut-594786
7
/10

  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-594787
5
/10

  • Francis Scott Key School

  • 2230 S 8th St

  • 1.07 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,447. Typical income of Philadelphia, PA residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1636 Reed St

What is the listing price of this property?

The listing price of 1636 Reed St property is $285,000.

What type of property is this?

The property 1636 Reed St is a townhouse located in Philadelphia, Pennsylvania, 19146.

Is this property for sale now?

Active Listing: 1636 Reed St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,038 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1636 Reed St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1636 Reed St is 1,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1636 Reed St is 1925.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19146›1636 Reed St

This home is located at 1636 Reed St in Philadelphia, PA and zip code 19146 in the South Philadelphia neighborhood. This 1,184 square foot home, which was built in 1925, sits on a 0.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $285,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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