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Sold for $848,000 on 07/01/25
  • $848,000

    402 Reed St, Philadelphia, PA 19147

    3beds
    2,950sqft
    Townhouse
    Built in 2018
    800 Square Feet Lot
    $854,000 Zestimate®
    $287/sqft
    $4,485 Estimated rent

    Home value

    $854,000

    $786,000 - $922,000

    $4,485/mo

    Zestimate® history
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    $5,154/mo

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    What's special

    Welcome to 402 Reed Street, located within the highly sought-after Southwark on Reed Community! This home features 3 incredible bedrooms, 4 full and 1 half baths, and a 2-car garage. It is complete with gorgeous hardwood floors on the first, second and fourth floors, upgraded bathroom tiles, impressively high ceilings, finished basement, a finished roof deck with incredible city skyline views, and not-to-mention approximately 3 YEARS remaining on the tax abatement. The first floor includes a den/flex space perfect for an office or additional sitting area, and a full bathroom in case you wish to convert the first floor into a bedroom with full bath access. The massive living area is located on the second floor where you can best feel the width of the home's 20ft wide lot. Here you'll find the beautifully upgraded kitchen with white cabinets and quartz countertops. The kitchen is centered between the light-drenched living room with north-facing views and the dining room that has a peak view of one of the four community's rain gardens. This floor also features a powder room, convenient for all your family and friends. Continue to the third floor where two of the bedrooms are situated - one with a walk-in closet and ensuite, and the other with an accessible full bathroom, walk-in closet and beautiful north-facing views. This floor also houses a spacious laundry room. The owner's suite is perched on the fourth floor with a gloriously fitted walk-in closet, stunning bathroom, and both private and hallway access to the roof deck with breathtaking River to River views. The lower level offers a fully finished basement that could act as additional living space, workout space, or even a bedroom. Southwark on Reed is centrally located near Passyunk Square, Queen Village, Bella Vista, and the Italian Market. Don't miss this Pennsport Beauty. Make your appointment today!

    Zillow last checked: 8 hours ago

    Listing updated: July 01, 2025 at 05:37am

    Listed by:

    Nancy Serpentine 215-768-1994,

    Compass RE,

    Listing Team: Margaux Pelegrin Team

    Bought with:

    Nancy Serpentine, RS337135

    Compass RE

    Source: Bright MLS,MLS#: PAPH2448642MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 5
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Other
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,950
    • Total interior livable area: 2,950 sqft
    • Finished area above ground: 2,950
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Inside Entrance, Garage Door Opener, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four
    • Stories: 4
    • Patio & porch: Roof Deck
    • Pool features: None
    Lot
    • Size: 800 sqft
    • Dimensions: 20.00 x 40.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 011236102
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Straight Thru
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Philadelphia (south)
    • Municipality: PHILADELPHIA

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $135 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/1/2025Sold$848,000-1.3%$287/sqft
    Source: Bright MLS #PAPH2448642 Report a problem
    5/5/2025Contingent$859,000$291/sqft
    Source: Bright MLS #PAPH2448642 Report a problem
    4/4/2025Listed for sale$859,000+17.6%$291/sqft
    Source: Bright MLS #PAPH2448642 Report a problem
    10/10/2018Sold$730,620$248/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,499 +459.5%$821,500 +11.9%
    2024$2,055 $734,200
    2023$2,055 +8.4%$734,200

    Find assessor info on the county website

    Neighborhood: Dickinson Narrows

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Philadelphia City

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $854,000
    2% more+ $17,080
    With Zillow Showcase(estimated)
    $871,080