Philadelphia property report

2000 block of Wheatsheaf Ln

An industrial block: 4 industrial and commercial buildings, with 4 open code violations.

The typical home here is up 168% since 2016, now about $2.5M. Property taxes are climbing about 9% a year and the increases are speeding up.

Every parcel on the block, colored by who owns it. Tap a parcel for the owner and its city record.
The readRecord analysis · from the figures below

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By the Numbers

Median value
$2.5M
$646K–$20M
ZIP median $171K
Commercial
$2.5M
4 buildings · $59/sqft
Vs. Philadelphia
10.9×
the city median
city $230K
Recent sale
$24M
1 sold in 2yr
assessed $2.5M
Median built
1923
year built
city 1925
Owner-occupied
25%
1 of 4
city 48%
Rentals
0%
0 licensed
city 15% of homes
Open violations
4
L&I code
▲ block 50% · city 5%
Tax delinquency · Jun 2022
No match
no parcels listed in snapshot
▼ block 0% · city 9%
Zoning appeals
1
1 home · ZBA & boards
block 25% · city 5%

How fast it's moving

1 year
+91%
value · tax +$17K
5 years
+191%
value · tax +$23K
10 years
+168%
value · tax +$22K

Assessed-value change for the typical home. Philadelphia taxes a flat 1.3998% of value, so the bill moves with it.

How the block compares

The typical parcel here is $2.5M — about 10.9× the citywide median home, and above the ZIP 19124 median of $171K. The same block, read against everyone else in the ZIP 19124 and across Philadelphia.

This blockZIP 19124Philadelphia
Median parcel value (ZIP/city: homes)$2.5M$171K$230K
Owner-occupied0%46%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 56 reported crimes (about 5 a month, 34% of them violent) and 77 resident 311 requests to the city. A busy commercial corridor logs far more than a quiet residential block, so read this against nearby blocks, not the citywide total.

Crimes · 12mo
56
about 5/month · 34% violent
311 requests · 12mo
77
about 6/month · 27 open

Most reported crimes

Other Assaults13
All Other Offenses9
Motor Vehicle Theft8
Thefts7
Vandalism/Criminal Mischief6
Aggravated Assault Firearm3

Top 311 complaints

Rubbish/Recyclable Material Collection18
Abandoned Vehicle15
Maintenance Complaint12
Illegal Dumping8
Salting5
Sanitation Violation5

Philadelphia Police incident reports and 311 service requests within 200m, trailing 12 months. Reported location, not necessarily where an incident occurred.

Schools

The public schools this block is zoned for — its official School District of Philadelphia catchments.

Elementary · K-5
John H Webster
3400 Frankford Ave · 413 students
Middle
Memphis St Charter At Jp Jones
High
Kensington Campus

Catchment assignments from the School District of Philadelphia via City of Philadelphia open data. Confirm with the District before enrollment decisions.

What it's worth, and where taxes are going

Median assessed value · 2016–2027

$0$5.0M$10M$2.5M2016: $933K2017: $933K2018: $855K2019: $855K2020: $859K2021: $859K2022: $859K2023: $1.1M2024: $1.1M2025: $1.3M2026: $1.3M2027: $2.5M2016202020232027

▲ +168% since 2016

Estimated property tax · per home, per year

$0$25,000$50,000$35,0062016: $13,0592017: $13,0592018: $11,9612019: $11,9612020: $12,0262021: $12,0262022: $12,0262023: $14,8642024: $14,8642025: $18,3482026: $18,3482027: $35,0062016202020232027

▲ +168% since 2016 · ~+9%/yr

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +9.4% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9210050020162019202220252027This block 268 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $268 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+9.4%/yr
price, since 2016
Total appreciation
+168%
since 2016
Real return
+6.4%/yr
after ~3% inflation
vs. Philadelphia
+2.9 pts
market 6.5%/yr

Return is from assessed-value history (a proxy for market price, lumpy in reassessment years). Informational only, not investment advice.

How often it changes hands

This block has recorded 8 arm's-length sales since 2000. The typical home has sold 2 times in that window.

Every recorded sale · price & date

$0$13M$25M200020052010201520202025
8arm's-length sales since 2000
2times the typical home has sold
3most sales for a single property
0homes never sold in the window

Who owns it

Ownership of 4 parcels

Owner-occupied: 1Investor / LLC: 3 4parcels
  • Owner-occupied 1
  • Investor / LLC 3

Value distribution today

2 parcels0 parcels0 parcels0 parcels0 parcels0 parcels2 parcels
$646K$4.0M+
OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Jasper 2038 LLC11$646KC/O New York Design And Construction 110 Prospect Street, Staten Island NY, 10304phila.gov ↗ · registry ↗
Wheatsheaf Lane Owner LLC11$20MC/O 510 Madison Ave 18th Flr, New York NY, 10022phila.gov ↗ · registry ↗
J2 LP11$4.0M2070-80 Wheatsheaf Ln, Philadelphia PA, 19124phila.gov ↗ · registry ↗
Mmb Contractors INC11$1.0M1821 Ranatlad Street, Philadelphia PA, 19103phila.gov ↗ · registry ↗

The mailing address is where the assessor sends the tax bill — for an LLC, often the closest public record gets to the person behind it. "Registry" searches the owner's name in state incorporation records (OpenCorporates).

Parcel by parcel

All 4 parcels on the block — value trajectory, ownership, and the paper trail assembled from the fetched public datasets. Sorted up the street; each links to its property report and official sources — or download the roster (CSV).

Every parcel's assessed value, 2016–2027 — each line is one parcel

$0$13M$25M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendSq ftBuiltSalesFlags
2038 WHEATSHEAF LN Industrial building sold $795K (2024); L&I violation (2024); L&I: 1 failed, 1 passed (2024); L&I violation (2025); L&I: 1 failed, 1 passed (2025). Investor / LLC $646K 9,945 1925 1
2045 WHEATSHEAF LN Industrial building built new under a 2023 permit, sold for $24M in 2025. Investor / LLC $20M 193,898 1950 2 3 viol
2070-80 WHEATSHEAF LN Industrial Owner pulled a alterations permit in 2025. Owner-occupied $4.0M 102,930 1920 2
2092 WHEATSHEAF LN Industrial building Traded 3×: $350K in 2006 → $1.1M in 2022 (+214%). Investor / LLC $1.0M 19,778 1920 3 1 viol

Neighborhood

Median income
$57K
household
Own vs. rent
73%
owner-occupied
Median age
40.5
residents
Median rent
$897
gross monthly

Generated 2026-07-10 from public City of Philadelphia records  ·  Download this block's data (CSV)

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 3:13 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.