Welcome to this beautiful 2-year-old new-construction townhome in Grays Ferry. This 2-story home has a living room, kitchen, and a ½ bath on the first floor. The kitchen features all stainless-steel electric appliances and a Washer Dryer. A sliding glass door from the kitchen opens to the patio and raised rear yard perfect for a garden. The first floor also features 10-foot ceilings with a central staircase. The 3 bedrooms and 1 full bath are on the second floor. The laundry room and utility room are on the main floor and easily accessible. To qualify, buyers must meet the Philadelphia Land Bank guidelines of earning less than 110% of the area median income. 1st-time homebuyers are eligible for the City of Philadelphia's 'Turn the Key' program and additional downpayment assistance. (Up to $75,000 soft second mortgage forgiven after 20 years).
Welcome to one of the original homes in Grays Estates, a rare community of 19 NEW CONSTRUCTION, affordable housing townhomes with tax abatements! This home is beautifully laid out with a center staircase and a large open kitchen with sliding glass door to back yard. The home also features 10 foot ceilings on both floors, three bedrooms, and one and a half bathrooms. The laundry room and utility room are on the main floor and easily accessible. Purchasers must meet the PHDC guidelines of earning less than 120% of the area median income to qualify. Approximately 8 years are remaining on the full tax abatement (100% of the improvement value is abated). Schedule your showing today!
BRIGHT MLS #PAPH978854
Feb 26, 2021
Sold
$250,000
$217/sq ft
Feb 5, 2021
Pending
—
Jan 25, 2021
Contingent
—
Jan 14, 2021
Listed
$250,000
$217/sq ft
+14
Welcome to Grays Estates, a rare community of 19 NEW CONSTRUCTION, affordable housing townhomes with tax abatements! These homes are beautifully laid out with a center staircase and a large open kitchen with sliding glass doors to back yard. All of the homes feature 10 foot ceilings on both floors, three bedrooms, and one and a half bathrooms. The laundry room and utility room are on the main floor and easily accessible. The homes are income-restricted and purchasers must meet the PHDC guidelines (either <80% AMI or <120% AMI) to qualify. The project is nearly 50% sold out and the remaining units will go quickly. Schedule your showing today! Photos are of model unit - each home will vary individually.
Public Records
Jun 29, 2020
Sold
$900
$1/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$949
$67,800 + $271,200
$339,000
2025
$949 (+35.6%)
$67,800 + $271,200
$339,000
2024
$700 (−57.7%)
$50,000 + $200,000
$250,000
2023
$1,653 (+392.1%)
$118,100
2022
$336 (+125.9%)
$24,000
2015
$149 (+0.5%)
$11,100
2014
$148
$11,100
Tax history for 2641 Reed St
Year
Property tax
Land + Additions
Assessment*
2026
$949
$67,800 + $271,200
$339,000
2025
$949 (+35.6%)
$67,800 + $271,200
$339,000
2024
$700 (−57.7%)
$50,000 + $200,000
$250,000
2023
$1,653 (+392.1%)
$118,100
2022
$336 (+125.9%)
$24,000
2015
$149 (+0.5%)
$11,100
2014
$148
$11,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
2
Lot width
15 ft.
Lot depth
64 ft.
Lot size
970 Sq. Ft.
Year renovated
—
Sq. Ft.
1,152
Year built
2021
Style
Other
County
Philadelphia County
APN
362113005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 28, 2026.
RSA-5
/NIS
Residential Single-Family Attached-5
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Jan 13, 2021 • Final
Zoning
Erect a two-story attached structure on a slab foundation for use as a single-family home. Work will follow the approved plans.
Addition
New construction
Jan 13, 2021 • Final
Plumbing
Perform minor construction work at the property in accordance with all applicable codes and standards. Ensure all required pedestrian protection is in place prior to the start of work.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
On Street
Interior
Bedroom Information
# of Bedrooms On 1st Upper Level: 3
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 1
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: No
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Brick
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Interior Townhouse/Rowhouse
Lot Information
Lot Size Dimensions: 15.00 x 64.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $50,000
Above Grade Information
Finished Sq.Ft.: 1,152
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $315
School Tax: $384
Tax Assessed Value: $50,000
Tax Year: 2023
Tax Annual Amount: $699
Assessments Information
Year Assessed: 2023
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Central
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District Source: Listing Agent
Location Information
Directions: On Reed street; between S 26th street & S 27th street
Municipality: PHILADELPHIA
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,152
Stories: 2.0
Lot Size: 970 square feet
Style: Other
Year Built: 2021
Year Renovated: —
County: Philadelphia County
APN: 362113005
Home facts updated by county records on Jul 28, 2026
Around this home
Schools
Mcdaniel Delaplaine School
Public K-8 • Assigned • 0.6mi
3/10
South Philadelphia High School
Public PreK-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19146
Average low and high temperatures (°F)
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30
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$323,000 – $391,000
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