Great Potential!!! Extra Large Home!!!!Hot Location!!! Subject property is in need of total renovation. Central location to the Italian Market, Shopping and public transportation. Property boasts almost 2,600 square feet of living space, front and side entrances, extra large yard/garden, access to roof for possible roof deck, with dramatic views of the city in all directions. Original detail still evident and awaiting your enhancements. TONS AND TONS OF POTENTIAL!!!!!!!!!!
Single-familyProperty Type
1925Year Built
$159Est. Price/Sq.Ft.
Listed by Anthony Ricevuto• Century 21 Forrester Real Estate
•215-334-3333 (broker)
Source:BRIGHT MLS #PAPH114880
Redfin Estimate
$413,265
$97K since sold in June 2016$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 37.2% lower than the average sale price ($659K) of 6 comparable homes.
Great Potential!!! Extra Large Home!!!!Hot Location!!! Subject property is in need of total renovation. Central location to the Italian Market, Shopping and public transportation. Property boasts almost 2,600 square feet of living space, front and side entrances, extra large yard/garden, access to roof for possible roof deck, with dramatic views of the city in all directions. Original detail still evident and awaiting your enhancements. TONS AND TONS OF POTENTIAL!!!!!!!!!!
BRIGHT MLS #PAPH663688
Dec 31, 2006
Listing Removed
—
Aug 28, 2006
Listed
$274,900
$106/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$6,256 (−18.3%)
$109,380 + $437,520
$546,900
2025
$7,656 (−3.5%)
$109,380 + $437,520
$546,900
2024
$7,934
$113,360 + $453,440
$566,800
2023
$7,934 (+15.6%)
$113,360 + $453,440
$566,800
2022
$6,862
$74,045 + $416,155
$490,200
2021
$6,862
$74,045 + $416,155
$490,200
2020
$6,862 (+8.4%)
$74,045 + $416,155
$490,200
2019
$6,331 (+85.1%)
$71,916 + $380,384
$452,300
2018
$3,420
$38,844 + $205,456
$244,300
2017
$3,419 (+11.9%)
$38,844 + $205,456
$244,300
2015
$3,055
$27,048 + $200,952
$228,000
2014
$3,055 (+193.4%)
$27,048 + $200,952
$228,000
2013
$1,041 (+3.6%)
$2,160 + $8,496
$10,656
2012
$1,005 (+3.9%)
$2,160 + $8,496
$10,656
2011
$968 (+9.9%)
$2,160 + $8,496
$10,656
2010
$881
$2,160 + $8,496
$10,656
Tax history for 702 Reed St
Year
Property tax
Land + Additions
Assessment*
2026
$6,256 (−18.3%)
$109,380 + $437,520
$546,900
2025
$7,656 (−3.5%)
$109,380 + $437,520
$546,900
2024
$7,934
$113,360 + $453,440
$566,800
2023
$7,934 (+15.6%)
$113,360 + $453,440
$566,800
2022
$6,862
$74,045 + $416,155
$490,200
2021
$6,862
$74,045 + $416,155
$490,200
2020
$6,862 (+8.4%)
$74,045 + $416,155
$490,200
2019
$6,331 (+85.1%)
$71,916 + $380,384
$452,300
2018
$3,420
$38,844 + $205,456
$244,300
2017
$3,419 (+11.9%)
$38,844 + $205,456
$244,300
2015
$3,055
$27,048 + $200,952
$228,000
2014
$3,055 (+193.4%)
$27,048 + $200,952
$228,000
2013
$1,041 (+3.6%)
$2,160 + $8,496
$10,656
2012
$1,005 (+3.9%)
$2,160 + $8,496
$10,656
2011
$968 (+9.9%)
$2,160 + $8,496
$10,656
2010
$881
$2,160 + $8,496
$10,656
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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 16, 2018 • Final
Ep_electrl
Upgrade the electrical service to a 200-amp capacity in accordance with the National Electrical Code.
Electrical
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
Interior
Basement Information
Basement Finish: Finished
Basement Type: Finished
Heating & Cooling
Air Conditioning Type: Central
Exterior
Exterior Information
Physical Condition: Very Good
Exterior Wall: Brick
View Information
View: Typical
Property Information
Living Sq. Ft: 2,600
Building Sq. Ft: 2,600
# of Stories: 3
Legal Description: 44' W OF 7TH ST; LOT 21'X70'TO A PT CONT
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,470
Legal Lot Number: 183
Legal Block Number: 10S14
Municipality Name: PHILADELPHIA
Acres: 0.0337
Depth Footage: 70
Front Footage: 21
Zoning Code: RSA5
County Use Description: RES-ROW (3 OR MORE), 3 STORIES
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,599
Stories: 3.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 1,470 square feet
Style: Single Family Residential
Year Built: 1925
Year Renovated: —
County: Philadelphia County
APN: 012031500
HOA Dues: —
Garage: —
Features: —
Home facts updated by owner on Jan 29, 2025
Around this home
Schools
Kirkbride Eliza B School
Public PreK-8 • Assigned • 0.1mi
6/10
Furness Horace High School
Public 9-12 • Assigned • 0.6mi
2/10
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 • 19147
Average low and high temperatures (°F)
37
26
41
29
59
40
67
49
74
58
85
68
90
74
83
67
79
65
69
53
57
44
43
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$423,000 – $512,000
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