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$499,000

Beds
3
Baths
1.5
sq ft
1,900

737 Reed St, Philadelphia, PA 19147

737 Reed St

PHILADELPHIA, PA 19147

  • 59 days on market
    • Price drop $26,000↓
Beautifully maintained, this home offers two inviting outdoor spaces—a large backyard patio perfect for entertaining and a roof deck with a custom mural and sweeping views of Philadelphia. Inside, the bright living room boasts high ceilings, recessed lighting, a decorative marble fireplace, and newly installed solid oak hardwood floors that extend throughout the first and second floors. The dining area flows into a charming kitchen with stainless steel appliances, ample cabinetry, a lovely tin ceiling, and access to the backyard patio. There is a half bath off the dining room for convenience. On the second floor, you'll find a spacious primary bedroom with two new closets, a second bedroom, and a large hall bath. The third floor features another large bedroom with a walk-through bonus space, ideal for an office or den, leading out to the roof deck. A large unfinished basement houses the mechanicals of the home and provides abundant storage space as well. Just steps away from the Italian Market, popular eateries like Mish Mish, The Dutch, El Chingon, Triangle Tavern, as well as independent, local retailers along Passyunk Avenue. Also close to big-box shopping and stores on Columbus Boulevard, this home also offers convenient transit options to Center City. A true gem in an unbeatable location—don’t miss out!

Details

Property type

Townhouse

Est. home value

$480,725

Lot size

738 sq ft

Price per sq ft

$263

Year built

1925

Annual property taxes

$6,842

HOA

No

Price History

10/17/2024
Bright

Bright #PAPH2377906

Price change
$499,000
-4.95%
09/27/2024
Bright

Bright #PAPH2377906

Listed
$525,000
+29.63%
07/01/2020
Bright

Bright #PAPH893188

Sold
$405,000
+9.46%

Schools & Community

Neighborhood: 

Passyunk Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$164,641
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$294,439
Cash to seller
$164,641

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Trident Mortgage Company Lp

Loan start date

June 2020

Original loan amount

$324,000

Est. remaining balance

$294,439

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Liza Fleming and Jose Bibiloni

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 10:00 AM

Listing updated: 11/15/2024 at 10:04 AM

Listed by: Marc A. Hammarberg, BHHS Fox & Roach At the Harper, Rittenhouse Square Phone #: (215) 546-0550

MLS: Bright #PAPH2377906

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