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758 South Reese Street

758 South Reese Street, Philadelphia, PA 19147
Sold Jun 13, 2021
$956,000
$548,000 by Hometown Lenders Inc
Mortgage Due Jun 01, 2051
Sold Feb 17, 2011
$120,000
758 South Reese Street has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. Those looking for additional storage or space will be happy to hear that there is a full basement that is 619 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 500 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 980 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 11, 2021 for $956,000. Prior to that sales transaction, the property was also sold in Feb 4, 2011 for $120,000. 758 South Reese Street was last assessed in 2023. The total value of the property was assessed at $922,100. Specifically, the land the property is located on was valued at $184,420. While improvements on the property were assessed at a total of $737,680. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,582. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Rock and stone
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 619
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 980
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.022
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 706 N OF CATHARINE

Ownership

  • Current Owner : DAN LUCAS
  • Current Owner 2: COHEN JODY
  • Previous Owner : REED WENDY C
  • Owner Before Previous Owner: FRIEDMAN LARRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001700

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 005S180105
  • Account Number: 159840
  • District: WARD #02
  • Parcel: 02-2159840
  • Block: 5S18
  • Lot: 105
  • Municipality: PHILADELPHIA
  • Latitude: 39.9389
  • Longitude: -75.1519

    Address

  • Full Address: 758 S Reese St
  • Address - House Number: 758
  • Street Direction: S
  • Address - Street Name: Reese
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C013
  • 4-Digit Zip Code: 2236
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,582
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 930,500
  • High Value: 1,148,470
  • Low Value: 712,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Jun 13, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $922,100
  • Market Land Value: $184,420
  • Market Improvement Value: $737,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,100
  • Assessed Land Value: $184,420
  • Assessed Improvements Value: $737,680

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: Jun 13, 2021
  • Current Sale Transaction ID: 11841246884
  • Current Sale Price: $956,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53846841
  • Previous Sale Recording Date: Feb 17, 2011
  • Previous Sale Contract Date: Feb 04, 2011
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Jun 13, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About South Philadelphia



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Frequently Asked Questions

What neighborhood is 758 South Reese Street located in?
The 758 South Reese Street is a located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 758 South Reese Street?
The average sales price for units in 758 South Reese Street is $0 currently.

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