New construction home with luxury finishes and large rooftop deck! Light-filled bedrooms, modern bathrooms, Premium Mohawk / Revco or Aquaguard flooring and tile throughout. Gorgeous kitchen with granite countertops, stainless steel appliances, tons of storage with access to a private rear yard! Third floor master suite has a custom tray ceiling with crown molding illuminated with accent lighting, walk-in closets, private bathroom with double vanity and a large glass enclosed shower. A wet bar in the hallway, next to the master suite, services the master bedroom and the roof deck. Bonus entertaining space - finished basement with full bathroom. The home is equipped with a tech package that includes built in speakers, video doorbell, front door lock, alarm system, and full home automation capability with remote access. Top quality new construction at a very reasonable price, built by the Philly’s 2019 Developer of the Year - V2 Properties! Builder warranty included. Approved 10 year tax abatement. All square footage numbers are approximate and include above and below grade measurements. It is the responsibility of the buyer to verify real estate taxes and square footage.
TownhomeProperty Type
2022Year Built
703 sq ftLot Size
$258Est. Price/Sq.Ft.
Listed by Jim Onesti• KW Philly
•215-607-6007 (broker)
•agismondi@kw.com (broker)
Bought with Matthew Harnick• Keller Williams Real Estate-Blue Bell
Excellent opportunity 14.5' x 48.5' residential lot for the builder or you can build your dream home. Drive by showings.
BRIGHT MLS #1007023740
Dec 31, 2011
Listing Removed
—
Jul 8, 2011
Listed
$39,900
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,498
$107,000 + $428,000
$535,000
2025
$1,498 (+2.9%)
$107,000 + $428,000
$535,000
2024
$1,456 (+7.3%)
$104,000 + $416,000
$520,000
2023
$1,356 (+117.8%)
$96,900
2022
$623
$44,500
2021
$623
$44,500
2020
$623
$44,500
2019
$623
$44,500
2018
$623 (+0.1%)
$44,500
2017
$622 (+296.7%)
$44,500
2015
$157 (+0.5%)
$11,700
2014
$156 (+24.7%)
$11,700
2013
$125 (+3.6%)
$1,280
2012
$121
$1,280
Tax history for 540 Gerritt St
Year
Property tax
Land + Additions
Assessment*
2026
$1,498
$107,000 + $428,000
$535,000
2025
$1,498 (+2.9%)
$107,000 + $428,000
$535,000
2024
$1,456 (+7.3%)
$104,000 + $416,000
$520,000
2023
$1,356 (+117.8%)
$96,900
2022
$623
$44,500
2021
$623
$44,500
2020
$623
$44,500
2019
$623
$44,500
2018
$623 (+0.1%)
$44,500
2017
$622 (+296.7%)
$44,500
2015
$157 (+0.5%)
$11,700
2014
$156 (+24.7%)
$11,700
2013
$125 (+3.6%)
$1,280
2012
$121
$1,280
*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
3
Stories
3
Lot width
15 ft.
Lot depth
49 ft.
Lot size
703 Sq. Ft.
Year renovated
—
Sq. Ft.
1,872
Year built
2022
Style
Other
County
Philadelphia County
APN
011248500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 20, 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
Nov 17, 2022 • Final
Residential building
Construct a three-story attached single-family home according to approved plans. The structure will be fully sprinklered in accordance with safety standards.
Fire sprinkler
New construction
Oct 12, 2022 • Final
Residential building
Construct a new three-story single-family home with a roof deck and a pilothouse for roof access. The building will include a fire sprinkler system. Separate permits are required for mechanical, electrical, plumbing, and fire suppression work.
New construction
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 Main Level: 3
Bathroom Information
# of Bathrooms (Full) On Main Level: 3
# of Bathrooms (Full): 3
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Fully Finished
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Building Information
Construction Completed
Construction Materials: Masonry
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Interior Townhouse/Rowhouse
Lot Information
Lot Size Dimensions: 15.00 x 49.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $44,500
Above Grade Information
Finished Sq.Ft.: 1,872
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $281
School Tax: $341
Tax Assessed Value: $44,500
Tax Year: 2022
Tax Annual Amount: $622
Assessments Information
Year Assessed: 2022
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
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: S 3rd St. Reed St. S 6th St. Gerritt St.
Municipality: PHILADELPHIA
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,872
Stories: 3.0
Lot Size: 703 square feet
Style: Other
Year Built: 2022
Year Renovated: —
County: Philadelphia County
APN: 011248500
Home facts updated by county records on Oct 20, 2026
Around this home
Schools
K - 12
Preschool & daycare
Kirkbride Eliza B School
Public PreK-8 • Assigned • 0.1mi
6/10
Furness Horace High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 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 • 19147
Average low and high temperatures (°F)
37
26
41
29
59
40
67
49
74
58
85
68
89
73
83
67
80
65
67
53
57
44
43
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
$459,000 – $555,000
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