12 days on rocket

508 Federal St, Philadelphia, PA, 19147

$520,000

Home List Price

$6,175*

Closing Credit

5 Bedrooms
2 Full Baths
1,818 SqFt
$286/SqFt
Townhouse

Location

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508 Federal St, Philadelphia$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1915
HeatingRadiant
CoolingNone
BasementYes
MLS #PAPH2425120
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 508 Federal St

Welcome to this remarkable South Philadelphia home, currently set up to accommodate flexible living arrangements. This three-story property features an adaptable layout with two distinct spaces: a first-floor configuration with one bedroom, full bath, private backyard, and basement access, plus a spacious bi-level upper area offering four bedrooms, kitchen, and convenient laundry facilities. Situated in a coveted location across from an elementary school and steps from a vibrant shopping plaza, this home enjoys prime proximity to the historic Italian Market, Bella Vista, and Society Hill neighborhoods. Recent renovations enhance its modern appeal while preserving classic Philadelphia character. Currently zoned RM1 for single-family use, this property's versatile layout provides options for multigenerational living or potential conversion to multi-family use, subject to proper zoning approvals. Buyers must independently verify zoning requirements and obtain necessary permits for intended use.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Stories: 3
  • Living Area: 1,818 SqFt

Listing Office:

  • Office Name: Keller Williams Real Estate-Blue Bell
  • Office Phone: (215) 646-2900
  • Listing Agent: Zachary A Behr

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven, Gas Range
  • Basement: Yes
  • Interior: 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Breakfast Area, Combination Kitchen/Dining, Family Room Off Kitchen, Kitchen - Eat-In, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Washington - > S Front St - > Federal

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000
  • Price Per SqFt: $286/SqFt

Tax Information:

  • Annual Amount: $4,162
  • Tax Year: 2020
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Housing Market Comparison

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

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

508 Federal St vs Philadelphia

12 DAYS ON ROCKET

-33 Days

$520,000

+$254.6K More

$286/SqFt

+$85 More

KEY TAKEAWAY

This property is $254.6K more than the Median Sold Price and $85/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: #PAPH2425120

Listing Office:

  • Office Name: Keller Williams Real Estate-Blue Bell
  • Office Phone: (215) 646-2900
  • Listing Agent: Zachary A Behr

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: 12/18/2024, 1:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,162 -
2019$3,841$274,400
2018$3,590$256,500
2017$3,590$256,500

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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.

Nearby Schools

school-card-donut-4312852
5
/10

  • Francis Scott Key School

  • 2230 S 8th St

  • 0.96 miles

  • Public District Grades KG-6

school-card-donut-4312853
7
/10

  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-4312854
3
/10

  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.41 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,343. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 Federal St

What is the listing price of this property?

The listing price of 508 Federal St property is $520,000.

What type of property is this?

The property 508 Federal St is a townhouse located in Philadelphia, Pennsylvania, 19147.

Is this property for sale now?

Active Listing: 508 Federal St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,162 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 508 Federal St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 508 Federal St is 1,818 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 Federal St is 1915.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19147›508 Federal St

This home is located at 508 Federal St in Philadelphia, PA and zip code 19147 in the South Philadelphia neighborhood. This 1,818 square foot home, which was built in 1915, sits on a 0.02 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $520,000.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.

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

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