NOT LISTED FOR SALE

Estimated Value: $817,000 - $1,111,000

4 Beds
3.5 Baths
2,752 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $925,000 $336 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,372/month

91 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Hot Water Heating System
  • No HOA
  • Central Air
  • 1-minute walk to Starr Garden Playground

About This Home

As of January 2024

Nestled at the vibrant intersection of 7th & Lombard, 506 S. 7th Street is an exquisite 4-bedroom townhouse with 3.5 bathrooms that embodies the perfect blend of historical charm & modern upgrades. Step inside to find a large living room with high ceilings, hardwood flooring, and an open kitchen with glass sliders to a large patio complete with a built-in grill station. All 4 bedrooms, including 2 primary suites, feature high ceilings and wood flooring plus ample closet space. Rounding out this home is a deck off of the 2nd floor and a fully finished lower level with an oversized laundry room. Surrounded by an array of renowned restaurants, artisanal cafes, and food markets, this townhouse invites you to indulge in Philadelphia's diverse culinary scene while basking in the comfort of an elegant home. Additionally, this home is situated across from historic Starr Garden Park and is located in the McCall Elementary School catchment. One year prepaid parking at Independence Place Garage or equivalent garage will be included with an acceptable agreement of sale.

Last Agent to Sell the Property

Margaux Genovese Pelegrin

(215) 205-2400 margaux.pelegrin@gmail.com Compass RE Listed on: 08/16/2023

Compass RE

Co-Listed By

Mary Genovese Colvin

(215) 806-1500 maryfgenovese@aol.com Compass RE

Last Buyer's Agent

Lauren Acker

(267) 977-0363 lacker@mccannteam.com KW Empower

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,469

Year Built

  • Built in 1914

Lot Details

  • 944 Sq Ft Lot
  • Lot Dimensions are 16.00 x 59.00

Home Design

  • Traditional Architecture
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Prepaid Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 053103901

Community Details

Overview

  • No Home Owners Association
  • Washington Sq West Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,469

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1914
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2752
  • Living Area Sq Ft: 2752
  • Price Per Sq Ft: 448.49
  • Above Grade Finished Sq Ft: 2116
  • Below Grade Finished Sq Ft: 636
  • Total Below Grade Sq Ft: 636
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Prepaid
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Site
  • Off Site Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 59.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 944.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 6842.00
  • Tax Annual Amount: 12469.00
  • Assessor Parcel Number: 053103901
  • Tax Lot: 110
  • Tax Total Finished Sq Ft: 2070
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 01/19/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Shah Kirsten J
Bought by
Maggio Robert and Lasalle Anthony
Current Estimated Value
$1,008,847

Purchase Details

Listed on
Jun 21, 2013
Closed on
Jul 15, 2014
Sold by
Mosquera Jorge P
Bought by
Shah Kirsten J
Seller's Agent
Ron Blum
Coldwell Banker Realty
Buyer's Agent
Margaux Genovese Pelegrin
Compass RE
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$417,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Marano Patrick J and Estate Of Francesco Marano
Bought by
Mosquera Jorge R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maggio Robert $925,000 Great American Abstract
Shah Kirsten J $775,000 Trident Land Transfer Co Lp
Mosquera Jorge R $260,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Kirsten J $417,000
Previous Owner Mosquera Jorge R $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $925,000 -2.5% $336 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $949,000 -1.7% $345 / Sq Ft
10/03/2023 10/03/23 Price Changed $965,000 -3.0% $351 / Sq Ft
08/16/2023 08/16/23 For Sale $995,000 0.0% $362 / Sq Ft
06/17/2022 06/17/22 Rented $3,950 0.0% --
06/07/2022 06/07/22 For Rent $3,950 +5.3% --
03/25/2019 03/25/19 Rented $3,750 0.0% --
03/23/2019 03/23/19 Under Contract -- -- --
03/11/2019 03/11/19 For Rent $3,750 0.0% --
07/15/2014 07/15/14 Sold $775,000 -1.8% $277 / Sq Ft View Prior Sale
05/14/2014 05/14/14 Pending -- -- --
05/12/2014 05/12/14 Price Changed $789,000 0.0% $282 / Sq Ft
05/12/2014 05/12/14 For Sale $789,000 -1.3% $282 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
12/24/2013 12/24/13 For Sale $799,000 +3.1% $285 / Sq Ft
12/22/2013 12/22/13 Off Market $775,000 -- --
10/03/2013 10/03/13 Price Changed $799,000 -5.9% $285 / Sq Ft
06/21/2013 06/21/13 For Sale $849,000 -- $303 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $12,469 $905,700 $181,100 $724,600
2024 $12,469 $905,700 $181,100 $724,600
2023 $12,469 $890,800 $178,160 $712,640
2022 $8,162 $845,800 $178,160 $667,640
2021 $8,792 $0 $0 $0
2020 $8,792 $0 $0 $0
2019 $8,508 $0 $0 $0
2018 $6,527 $0 $0 $0
2017 $6,527 $0 $0 $0
2016 $6,527 $0 $0 $0
2015 $6,189 $0 $0 $0
2014 -- $466,300 $45,867 $420,433
2012 -- $70,400 $25,319 $45,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2267832

Bright MLS

APN: 053103901