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Sold for $379,000
  • $379,000

    506 W Thompson St, Philadelphia, PA 19122

    3beds
    1,392sqft
    Townhouse
    Built in 1920
    608 Square Feet Lot
    $385,700 Zestimate®
    $272/sqft
    $2,194 Estimated rent

    Home value

    $385,700

    $351,000 - $424,000

    $2,194/mo

    Zestimate® history
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    What's special

    Welcome to 506 W. Thompson St, a beautifully maintained 3-bedroom, 2-bathroom home in the heart of Old Kensington — one of Philadelphia’s most vibrant and rapidly growing neighborhoods. This charming property offers the perfect blend of modern comfort and historic character, with the best of city living right at your doorstep. Inside, you'll find a contemporary updated kitchen, spacious bedrooms, and sleek modern bathrooms. Just minutes from Northern Liberties, Fishtown, and Center City, you’ll enjoy easy access to some of the city’s most popular cafes, restaurants, and shops. A great tenant is currently in place, paying $2,250/month, with a lease running through December 24, 2025. She would ideally like to stay through the end of the lease but may be open to relocating with sufficient notice — making this an ideal opportunity for both investors and future homeowners. Benefit from 6 years remaining on the tax abatement, offering significant savings and peace of mind for years to come. Whether you're seeking a move-in-ready home or a smart investment in a thriving area, 506 W. Thompson St checks every box. Schedule your tour today and see everything this exceptional property has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    SHARMEEN MUSSANI 313-399-8905,

    Keller Williams Realty Devon-Wayne

    Bought with:

    Ben Johnson, RS353045

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PAPH2476162MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Basement
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,392
    • Total interior livable area: 1,392 sqft
    • Finished area above ground: 1,392
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: Four
    • Stories: 4
    • Pool features: None
    Lot
    • Size: 608 sqft
    • Dimensions: 16.00 x 38.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 182308400
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Philadelphia (north)
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/13/2025Sold$379,000$272/sqft
    Source: Bright MLS #PAPH2476162 Report a problem
    5/6/2025Contingent$379,000$272/sqft
    Source: Bright MLS #PAPH2476162 Report a problem
    5/2/2025Listed for sale$379,000-5%$272/sqft
    Source: Bright MLS #PAPH2476162 Report a problem
    12/2/2024Listing removed$2,250$2/sqft
    Source: Bright MLS #PAPH2419208 Report a problem
    11/12/2024Listed for rent$2,250$2/sqft
    Source: Bright MLS #PAPH2419208 Report a problem
    10/19/2024Listing removed$399,000$287/sqft
    Source: Bright MLS #PAPH2404030 Report a problem
    10/19/2024Price change$399,000-3.9%$287/sqft
    Source: Bright MLS #PAPH2404030 Report a problem
    10/9/2024Price change$415,000-2.4%$298/sqft
    Source: Bright MLS #PAPH2404030 Report a problem
    10/5/2024Listed for sale$425,000-0.9%$305/sqft
    Source: Bright MLS #PAPH2404030 Report a problem
    12/18/2023Listing removed--
    Source: Bright MLS #PAPH2227010 Report a problem
    12/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/22/2023Price change$2,250-6.3%$2/sqft
    Source: Zillow Rentals Report a problem
    9/26/2023Price change$2,400-4%$2/sqft
    Source: Zillow Rentals Report a problem
    9/11/2023Price change$429,000-1.4%$308/sqft
    Source: Bright MLS #PAPH2227010 Report a problem
    9/2/2023Price change$2,500-3.8%$2/sqft
    Source: Zillow Rentals Report a problem
    9/1/2023Price change$435,000-3.1%$313/sqft
    Source: Bright MLS #PAPH2227010 Report a problem
    8/15/2023Price change$2,600-3.7%$2/sqft
    Source: Zillow Rentals Report a problem
    8/4/2023Listed for rent$2,700+8%$2/sqft
    Source: Zillow Rentals Report a problem
    7/12/2023Price change$449,000-2.2%$323/sqft
    Source: Bright MLS #PAPH2227010 Report a problem
    6/20/2023Price change$459,000-2.3%$330/sqft
    Source: Bright MLS #PAPH2227010 Report a problem
    6/1/2023Price change$469,999-1.1%$338/sqft
    Source: Bright MLS #PAPH2227010 Report a problem
    5/12/2023Listed for sale$475,000+295.8%$341/sqft
    Source: Bright MLS #PAPH2227010 Report a problem
    12/11/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    11/19/2021Listed for rent$2,500$2/sqft
    Source: Zillow Rental Network Premium #PAPH2044398 Report a problem
    9/30/2019Sold$120,000+4.3%$86/sqft
    Source: Public Record Report a problem
    7/3/2018Sold$115,000+447.6%$83/sqft
    Source: Public Record Report a problem
    4/11/2016Sold$21,000+125.8%$15/sqft
    Source: Public Record Report a problem
    1/15/2016Sold$9,300$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,650 +239.4%$475,100 +21.8%
    2024$1,960 -22.4%$390,000 +116.1%
    2023$2,527 +54.3%$180,500
    2022$1,638 --
    2021$1,638 --
    2018$1,638 --
    2017$1,638 +32.7%--
    2016$1,235 --
    2015$1,235 --
    2014$1,235 +4.5%$88,200 +5891.8%
    2012$1,182 $1,472
    2011-- $1,472
    2010-- $1,472
    2009-- $1,472
    2008-- $1,472
    2007-- $1,472
    2006-- $1,472
    2005-- $1,472
    2004-- $1,472
    2003-- $1,472
    2002-- $1,472
    2000-- $1,472
    1999-- $1,472

    Find assessor info on the county website

    Neighborhood: Olde Kensington

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $385,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $385,700