1506 N 7th St Unit 1 Philadelphia, PA 19122
Ludlow NeighborhoodEstimated payment $1,890/month
Highlights
- Forced Air Heating System
- Dogs and Cats Allowed
- 2-minute walk to Cruz Park - Power 99 Parks & Rec
About This Home
**Perfect Opportunity for First-Time Buyers & Savvy Investors!** Start building your real estate portfolio in 2025 with this beautifully maintained two-bedroom, one-bathroom condo—an ideal blend of comfort, convenience, and location. With over two years remaining on the tax abatement and having been owner-occupied since 2017, this home has been lovingly cared for and is move-in ready. Step inside to an open-concept main level featuring a bright and spacious kitchen, living, and dining area—perfect for everyday living or entertaining. Downstairs, you’ll find two generously sized bedrooms and a full bathroom offering a private and quiet retreat. Not the DIY type? No problem—this condo is low-maintenance, with all exterior upkeep and maintenance covered by the HOA. Commuters will appreciate the quick access to Temple University, the Market-Frankford Line, and multiple bus routes—making travel throughout Philly a breeze. Located at the crossroads of Fishtown and Northern Liberties, you're steps away from some of the city’s best dining, nightlife, and entertainment. Enjoy neighborhood favorites like Café La Maude, Eeva, Frankford Hall, Philadelphia Distillery, International Bar, LMNO, Middle Child Clubhouse, Urban Village, and countless other restaurants and breweries popping up all the time. Whether you're looking to live in or rent out, this gem offers unbeatable value in one of Philly’s most vibrant neighborhoods. Don’t miss out—schedule your showing today!
Listing Agent
(267) 258-7014 ramon.enriquez@longandfoster.com Long & Foster Real Estate, Inc. License #RS343163 Listed on: 09/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,954
Year Built
- Built in 2017
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Masonry
Interior Spaces
- 1,286 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- Assessor Parcel Number 888200692
Community Details
Overview
- Association fees include water, snow removal
- Low-Rise Condominium
- Ludlow Subdivision
Pet Policy
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $385 | $211,000 | $31,600 | $179,400 |
| 2025 | $385 | $211,000 | $31,600 | $179,400 |
| 2024 | $385 | $211,000 | $31,600 | $179,400 |
| 2023 | $385 | $183,500 | $27,500 | $156,000 |
| 2022 | $367 | $27,500 | $27,500 | $0 |
| 2021 | $367 | $0 | $0 | $0 |
| 2020 | $367 | $0 | $0 | $0 |
| 2019 | $350 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $561 | $0 | $0 | $0 |
| 2016 | $168 | $0 | $0 | $0 |
| 2015 | $161 | $0 | $0 | $0 |
| 2014 | -- | $12,000 | $12,000 | $0 |
| 2012 | -- | $512 | $512 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | Price Changed | $255,000 | -3.8% | $198 / Sq Ft | |
| 10/16/2025 10/16/25 | Price Changed | $265,000 | -3.6% | $206 / Sq Ft | |
| 09/25/2025 09/25/25 | For Sale | $274,999 | +48.6% | $214 / Sq Ft | |
| 10/31/2017 10/31/17 | Sold | $185,000 | 0.0% | -- | View Prior Sale |
| 03/19/2017 03/19/17 | Pending | -- | -- | -- | |
| 02/07/2017 02/07/17 | For Sale | $185,000 | 0.0% | -- | |
| 12/10/2016 12/10/16 | Pending | -- | -- | -- | |
| 10/27/2016 10/27/16 | For Sale | $185,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $185,000 | None Available | |
| Deed | $257,572 | None Available | |
| Deed | $250,000 | None Available | |
| Deed | $215,000 | None Available | |
| Deed | $90,000 | Noble Abstract Co | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,750 | New Conventional | |
| Previous Owner | $244,600 | New Conventional | |
| Previous Owner | $172,000 | New Conventional |
Source: Bright MLS
MLS Number: PAPH2541422
APN: 888200686
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
- 1447 N Franklin St
- 1537 N Franklin St
- 1443 N Perth St
- 1403 N 7th St
- 623 W Oxford St
- 1401 N 7th St
- 1516 N Darien St
- 1407 N 8th St Unit A2
- 1544 N Darien St
- 1541 N 9th St
- 1337 N Franklin St
- 529 W Jefferson St
- 1336 N 7th St
- 1334 N 7th St
- 1628 N Marshall St
- 1338 N Franklin St Unit C
- 1338 N Franklin St Unit B
- 1338 N Franklin St Unit A
- 1338 N Franklin St
- 614 W Master St Unit 1
- 1442 N 7th St Unit 2
- 1439 N Franklin St Unit B
- 1433 N 7th St Unit 4
- 1441 N 7th St Unit 3
- 1520 N Marshall St Unit 4
- 1415 N 7th St Unit 3
- 1518 N 8th St Unit 5
- 1518 N 8th St Unit 7
- 1518 N 8th St Unit 2
- 1500 N 8th St Unit 3
- 641 W Oxford St Unit 2
- 1405 N 7th St Unit 3
- 1415 N 8th St Unit 10
- 1407 N 8th St Unit A2
- 1407 9 N 8th St Unit A1
- 1535 N 6th St Unit 5
- 1544 N Darien St
- 1337 N Franklin St
- 1337 N Franklin St
- 1642 N Marshall St Unit 2