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119 Reed Street

119 Reed Street, Philadelphia, PA 19147
Sold Jul 11, 2017
$233,000
$214,400 by Cardinal Financial Company
Mortgage Due May 01, 2037
Sold Mar 21, 1960
Transfer
119 Reed Street in Philadelphia, PA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 119 Reed Street has 1,235 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 140 ft and the linear feet between the front and back of the lot is 400. In total, the area measurement of the land is 542 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 119 Reed Street was last sold in Jun 8, 2017 for $233,000. According to our calculations, that's $188.66 per sqft. Current property owners are expected to pay $3,271 in taxes per year. The property on 119 Reed Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $313,700. To break that down further, the land itself was valued at $62,740. While improvements to the property were assessed at a total of $250,960. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 542
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,235
  • Gross Building Area: 1,235
  • Building Area: 1,235
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.012
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Working interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 543 1/2 W HOWARD ST

Ownership

  • Current Owner : DEFASSIO DANIELLE S
  • Previous Owner : MCHUGH THOMAS E
  • Previous Owner 2: MCHUGH MARY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 002702

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 009S170232
  • Account Number: 008300
  • District: WARD #01
  • Parcel: 01-1008300
  • Block: 9S17
  • Lot: 232
  • Municipality: PHILADELPHIA
  • Latitude: 39.9303
  • Longitude: -75.1473

    Address

  • Full Address: 119 Reed St
  • Address - House Number: 119
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C032
  • 4-Digit Zip Code: 6128
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,271
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 244,880
  • High Value: 353,192
  • Low Value: 136,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,400
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: Apr 09, 2022
  • First Open Lien Mortgage Loan Amount: $214,400
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2037

    Market Valuation

  • Market Total Value: $313,700
  • Market Land Value: $62,740
  • Market Improvement Value: $250,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,700
  • Assessed Land Value: $62,740
  • Assessed Improvements Value: $250,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Transaction ID: 1589892141
  • Current Sale Price: $233,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53235855
  • Previous Sale Recording Date: Mar 21, 1960
  • Previous Sale Contract Date: Mar 21, 1960
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 11, 2017
  • First Mortgage Loan Amount: $228,779
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

About South Philadelphia



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Frequently Asked Questions

What neighborhood is 119 Reed Street located in?
The 119 Reed Street is a located in the neighborhood of Queen Village - Pennsport in South Philadelphia, Philadelphia.
What is the average sales price for listings in 119 Reed Street?
The average sales price for units in 119 Reed Street is $0 currently.

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