1 year on rocket

506 W Thompson St, Philadelphia, PA, 19122

$429,000

Home List Price

$5,094*

Closing Credit

3 Bedrooms
2 Full Baths
2,049 SqFt
$209/SqFt
Townhouse
Schools Nearby

Location

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506 W Thompson St, Philadelphia$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1920
HeatingCentral
CoolingCentral Air
BasementYes
MLS #PAPH2227010
Lot Size0.01 Acres
StatusActive
(ACTIVE)

About 506 W Thompson St

Stunningly Captivating! This elegant contemporary home has a unique gentle design with its custom built in illuminated shelf adding a modern minimalist style to the intimate living room area. The dine-in kitchen features fingerprint resistant Whirlpool stainless steel appliances, white Shaker colored cabinets, Quartz countertop, porcelain tiles, natural tone Bamboo floorings and recess lighting throughout. A french rear door leads you to a private cozy outdoor space perfect to unwind at the end of the day. The second floor features the main room with a luxurious bathroom detailing a double sink for extra room and comfort. On the third floor you have two generous sized bedrooms and a bathroom. The finished basement offers an extra living area for entertainment bringing the total property's size to 1,825sf of living space. Home has 8 years left on its- "TAX ABATEMENT"!!. Just a toss throw away from the Girard Ave light rail station . Your new home awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1920
  • Living Area: 2,049 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Center City Walnut
  • Office Phone: (215) 627-6005
  • Listing Agent: Myra Bouvier-Hervy

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Kensington Creative & Performing Arts High School, Public District Grades 9-12
  • Kensington Health Sciences Academy, Public District Grades 9-12
  • James R. Ludlow Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Use GPR

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $209/SqFt

Tax Information:

  • Annual Amount: $1,638
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

506 W Thompson St vs Philadelphia

367 DAYS ON ROCKET

+313 Days

$429,000

+$171.3K More

$209/SqFt

+$14 More

KEY TAKEAWAY

This property is $171.3K more than the Median Sold Price and $14/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2227010

Listing Office:

  • Office Name: BHHS Fox & Roach-Center City Walnut
  • Office Phone: (215) 627-6005
  • Listing Agent: Myra Bouvier-Hervy

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 2:06:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2019Home Sold
$120,000
Jul 03, 2018Home Sold
$115,000
Apr 11, 2016Home Sold
$21,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,638 -
2019$1,637$117,000
2018$1,235$88,200
2017$1,235$88,200

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-211310
3
/10
  • James R. Ludlow Elementary School

  • 550 W Master St

  • 0.10 miles

  • Public District Grades PK-8

High School

school-card-donut-211311
2
/10
  • Kensington Creative & Performing Arts High School

  • 1901 N Front St

  • 0.77 miles

  • Public District Grades 9-12

school-card-donut-211312
2
/10
  • Kensington Health Sciences Academy

  • 2463 Emerald St

  • 1.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,340. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 W Thompson St

What is the listing price of this property?

The listing price of 506 W Thompson St property is $429,000.

What type of property is this?

The property 506 W Thompson St is a townhouse located in Philadelphia, Pennsylvania, 19122.

Is this property for sale now?

Active Listing: 506 W Thompson St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 W Thompson St are:
James R. Ludlow Elementary School: GreatSchools Rating 3/10
Kensington Creative & Performing Arts High School: GreatSchools Rating 2/10
Kensington Health Sciences Academy: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,638 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 30, 2019 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 W Thompson St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 W Thompson St is 2,049 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 W Thompson St is 1920.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›506 W Thompson St

This home is located at 506 W Thompson St in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 2,049 square foot home, which was built in 1920, sits on a 0.01 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2023 and is currently priced at $429,000.

While more than 228 listings in Philadelphia, PA in March 2024 were sold above asking price, there were more than 214 listings sold at asking price, and more than 481 were sold below. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. Listings spent 54 days on the market in March 2024, and had a median list price of $257,610 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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