506 West Thompson Street

Local assessors in Philadelphia, PA have categorized 506 West Thompson Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 608 square feet. The linear feet between the front and back of the lot was measured at 380 ft and the front of the lot was measured at 160 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 506 West Thompson Street has a total of 1,392 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Sep 19, 2019 for $120,000. That's $86.21 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2018 for $115,000. 506 West Thompson Street was last assessed in 2023. The total value of the property was assessed at $390,000. Specifically, the land the property is located on was valued at $78,000. While improvements on the property were assessed at a total of $312,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,527. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.