Philadelphia property report

2300 block of Welsh Rd

A commercial block: 4 storefronts and businesses, with 8 open code violations.

The typical home here is up 71% since 2016, now about $1.9M. Property taxes are climbing about 7% a year.

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
$1.9M
$741K–$7.2M
ZIP median $326K
Commercial
$1.9M
4 buildings · $287/sqft
Vs. Philadelphia
8.2×
the city median
city $230K
Major assessment exemptions
2 of 4
$4K/yr estimated reduction
Owner-occupied
0%
0 of 4
city 48%
Rentals
0%
0 licensed
city 15% of homes
Open violations
8
L&I code
▲ block 25% · city 5%
Tax delinquency · Jun 2022
No match
no parcels listed in snapshot
▼ block 0% · city 9%
Zoning appeals
6
3 homes · ZBA & boards
block 75% · city 5%

How fast it's moving

1 year
+14%
value · tax +$6K
5 years
+54%
value · tax +$8K
10 years
+71%
value · tax +$13K

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 $1.9M — about 8.2× the citywide median home, and above the ZIP 19114 median of $326K. The same block, read against everyone else in the ZIP 19114 and across Philadelphia.

This blockZIP 19114Philadelphia
Median parcel value (ZIP/city: homes)$1.9M$326K$230K
Owner-occupied0%69%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 65 reported crimes (about 5 a month, 3% of them violent) and 26 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
65
about 5/month · 3% violent
311 requests · 12mo
26
about 2/month · 7 open

Most reported crimes

Thefts39
Vandalism/Criminal Mischief6
Burglary Non-Residential3
Motor Vehicle Theft3
Arson2
Burglary Residential2

Top 311 complaints

Maintenance Complaint7
Information Request4
Abandoned Vehicle2
Graffiti Removal2
License Complaint2
Other (Streets)2

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 & Middle · K-8
Robert B Pollock
2875 Welsh Rd · 900 students
High · 9-12
Abraham Lincoln
3201 Ryan Ave · 2332 students

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$2.5M$5.0M$1.9M2016: $1.1M2017: $1.1M2018: $1.2M2019: $1.2M2020: $1.2M2021: $1.2M2022: $1.2M2023: $1.3M2024: $1.3M2025: $1.2M2026: $1.7M2027: $1.9M2016202020232027

▲ +71% since 2016

Estimated property tax · per home, per year

$0$12,500$25,000$24,8612016: $12,0592017: $12,0592018: $17,2262019: $17,1662020: $17,2552021: $17,2552022: $17,2552023: $18,8552024: $18,8552025: $17,3232026: $18,8552027: $24,8612016202020232027

▲ +106% since 2016 · ~+7%/yr

2
2 properties on this block show a material assessment exemption. At the current rate, the difference between full and taxable assessments reduces the block's annual estimate by about $4,290. OPA's numeric split does not establish whether any row is Homestead, an abatement, another program, or when treatment changes.

The block as an asset

Read like a financial asset, this block has lagged the Philadelphia market, compounding +5% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 171 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $171 today versus $201 across Philadelphia — this block trailed the market.

Annualized return
+5%/yr
price, since 2016
Total appreciation
+71%
since 2016
Real return
+2%/yr
after ~3% inflation
vs. Philadelphia
-1.5 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 3 arm's-length sales since 2008. The typical home has sold 1 time in that window, while 1 has not changed hands at all.

Every recorded sale · price & date

$0$2.5M$5.0M20102013201620192022
3arm's-length sales since 2008
1times the typical home has sold
1most sales for a single property
1homes never sold in the window

Who owns it

Ownership of 4 parcels

Investor / LLC: 3Absentee individual: 1 4parcels
  • Investor / LLC 3
  • Absentee individual 1

Value distribution today

1 parcels1 parcels0 parcels0 parcels0 parcels0 parcels2 parcels
$741K$2.6M+
OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
L&K Group LLC12$1.5M10809 Saint Thomas Dr, Philadelphia PA, 19116phila.gov ↗ · registry ↗
Midatlantic Realty Partners LLC11$741K3070 Bristol Pike Ste 2-231, Bensalem PA, 19020phila.gov ↗ · registry ↗
Welsh Holdings LLC11$2.6M2200 Michener St Ste 4, Philadelphia PA, 19115phila.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$5.0M$10M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendSq ftBuiltSalesFlags
2301 WELSH RD Bank built new under a 2022 permit (reduced taxable assessment shown). Investor / LLC $741K 780 2024 0 assessment exemption · basis unverified
2361-73 WELSH RD Offices Owner pulled a addition and/or alteration permit in 2021. Absentee individual $7.2M 51,330 2008 1 8 viol
2375 WELSH RD Store built new under a 2024 permit (reduced taxable assessment shown), sold for $2.5M in 2022. Investor / LLC $2.6M 7,540 2008 1 assessment exemption · basis unverifiedlien in pre-2017 ledger
2395 WELSH RD Commercial Owner pulled a electrical permit in 2017. Investor / LLC $1.2M 5,175 1985 1

Neighborhood

Median income
$55K
household
Own vs. rent
32%
owner-occupied
Median age
33.6
residents
Median rent
$1K
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, 3:06 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.