Philadelphia property report

2900 block of Welsh Rd

A corridor block: 9 business properties among 12 homes, 100% of the homes owner-occupied, with 16 open code violations and 3 parcels listed in the June 2022 tax-delinquency snapshot ($6,434 recorded then).

The typical home here is up 124% since 2016, now about $440K. Property taxes are climbing about 7% 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 home value
$440K
12 homes of 25 parcels
ZIP median $330K
Commercial
$371K
9 buildings · $246/sqft
Price / sq ft
$204
typical home
city median $181
Vs. Philadelphia
1.9×
the city median
city $230K
Recent sale
$345K
2 sold in 2yr
assessed $440K
Tax / yr
$5K
typical · up to $125K
city ≈$3K/yr
Median built
1989
year built
city 1925
Owner-occupied
100%
12 of 12
city 48%
Rentals
4%
1 licensed
city 15% of homes
Open violations
16
L&I code
▼ block 4% · city 5%
Tax delinquency · Jun 2022
$6K
3 of 25 listed
▲ block 12% · city 9%
Zoning appeals
1
1 home · ZBA & boards
block 8% · city 5%

How fast it's moving

1 year
+16%
value · tax +$579
5 years
+62%
value · tax +$3K
10 years
+76%
value · tax +$3K

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

The makeup of the block

Every home, plotted by size and assessed value — press play and watch the block reprice from 2016 to 2027. One bubble per house (area = lot size), colored by who owns it; a gold ring marks a material assessment exemption whose legal basis is not established by the roll. Click a bubble for its report.

2027
  • Owner-occupied
  • Investor / LLC
  • Absentee
  • Vacant
  • Assessment exemption
  • Bubble = lot size
  • → bigger interior  ·  ↑ higher value

Assessed values from the city's year-by-year assessment record — a proxy for price, lumpy in reassessment years.

How the block compares

The typical home here is $440K — about 1.9× the citywide median home, and above the ZIP 19152 median of $330K. The same block, read against everyone else in the ZIP 19152 and across Philadelphia.

This blockZIP 19152Philadelphia
Median home value$440K$330K$230K
Owner-occupied58%62%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 41 reported crimes (about 3 a month, 24% of them violent) and 49 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
41
about 3/month · 24% violent
311 requests · 12mo
49
about 4/month · 11 open

Most reported crimes

All Other Offenses13
Other Assaults7
Motor Vehicle Theft6
Theft from Vehicle3
Aggravated Assault No Firearm2
Burglary Residential2

Top 311 complaints

Abandoned Vehicle9
Street Defect8
Rubbish/Recyclable Material Collection7
Other (Streets)5
Maintenance Complaint4
Dangerous Sidewalk2

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$250K$500K$440K2016: $197K2017: $250K2018: $250K2019: $256K2020: $271K2021: $271K2022: $271K2023: $319K2024: $319K2025: $380K2026: $380K2027: $440K2016202020232027

▲ +124% since 2016

Estimated property tax · per home, per year

$0$5,000$10,000$5,1222016: $2,4152017: $1,7962018: $1,7962019: $1,6862020: $1,7732021: $1,7732022: $1,7732023: $1,7452024: $1,7452025: $3,4582026: $4,5432027: $5,1222016202020232027

▲ +112% since 2016 · ~+7%/yr

Who really pays

Philadelphia's 1.3998% rate applies to the taxable assessment. The OPA roll shows exemptions that can make an estimate lower than the full assessed-value scenario; this chart does not identify their legal basis.

7 homes pay the full 1.40%5 pay less

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +7.6% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 224 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $224 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+7.6%/yr
price, since 2016
Total appreciation
+124%
since 2016
Net rental yield
2.2%
est., after tax carry
Total return
+9.8%/yr
price + net rent
Real return
+6.8%/yr
after ~3% inflation
vs. Philadelphia
+1.1 pts
market 6.5%/yr

Return is from assessed-value history (a proxy for market price, lumpy in reassessment years); rental yield is estimated from ACS area rents. Informational only, not investment advice.

How often it changes hands

This block has recorded 19 arm's-length sales since 2001. The typical home has sold 2 times in that window, while 2 have not changed hands at all.

Every recorded sale · price & date

$0$2.5M$5.0M200020052010201520202025
19arm's-length sales since 2001
2times the typical home has sold
3most sales for a single property
2homes never sold in the window

Who owns it

Ownership of 25 parcels

Owner-occupied: 13Investor / LLC: 2Absentee individual: 8Vacant: 2 25parcels
  • Owner-occupied 13
  • Investor / LLC 2
  • Absentee individual 8
  • Vacant 2

Value distribution today

3 parcels2 parcels8 parcels7 parcels0 parcels1 parcels4 parcels
$42K$867K+
OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Individual owner on record (individual)34$1.3Mphila.gov ↗
Individual owner on record (individual)24$5.7Mphila.gov ↗
Byre LLC12$818K2981 Welsh Rd, Philadelphia PA, 19152phila.gov ↗ · registry ↗
Maritime Realty LLC22$640K1617 Maritime CT, Bensalem PA, 19020phila.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 25 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$10M$20M201620182020202220242026Block median
Each houseNew build / flipBlock median

Worth a look

AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
2901 WELSH RD Apartment building Owner pulled a addition and/or alteration permit in 2025. Absentee individual $12M —/— 98,757 1972 1 licensed rental
2951 WELSH RD School built new under a 2022 permit (reduced taxable assessment shown). Absentee individual $11M —/— 77,204 1960 0 assessment exemption · basis unverified16 viol
2959 WELSH RD Vacant lot Absentee individual $344K —/— 648 1956 0 $729 tax · Jun ’22
2959R WELSH RD Vacant lot Vacant $42K —/— 0 $1K tax · Jun ’22
2961R WELSH RD Vacant lot Vacant $85K —/— 0
2961 WELSH RD Vacant lot Owner pulled a plumbing permit in 2014. Absentee individual $191K —/— 0
2965 WELSH RD Vacant lot Absentee individual $130K —/— 0
2976 WELSH RD Old house bought for $200K in 2011, demolished in 2015 and rebuilt (2014), then sold for $300K in 2015. Owner-occupied $479K 4/— 2,362 2015 3
2978 WELSH RD built new under a 2014 permit, sold for $300K in 2015. Owner-occupied $473K 4/— 2,250 2015 1
2980 WELSH RD Bought for $300K in 2015, built new under a 2014 permit, sold for $367K in 2019. Owner-occupied $473K 4/2 2,250 2015 2 lien in pre-2017 ledger
2981 WELSH RD Store Owner pulled a sign permit in 2023. Owner-occupied $661K —/— 3,000 1970 0
2982 WELSH RD Bought for $295K in 2015, built new under a 2014 permit, sold for $490K in 2025. Owner-occupied $473K 4/2 2,250 2015 3
2984 WELSH RD Bought for $298K in 2015, built new under a 2014 permit, sold for $479K in 2024. Owner-occupied $473K 4/2 2,250 2015 2
2986 WELSH RD Bought for $298K in 2015, built new under a 2014 permit, sold for $475K in 2022. Owner-occupied $473K 4/2 2,250 2015 2
2988 WELSH RD Owner-occupied $408K 4/3 2,000 1963 1
2990 WELSH RD Owner pulled a alteration permit in 2012. Owner-occupied $359K 4/1 2,000 1963 0
2991 WELSH RD Store Investor / LLC $246K —/— 1,000 1963 1 lien in pre-2017 ledger
2992 WELSH RD Traded 2×: $172K in 2012 → $200K in 2025 (+16%). Owner-occupied $340K 4/1 1,666 1963 2
2994 WELSH RD Owner-occupied $352K 4/1 1,666 1963 1
2995 WELSH RD Commercial Bought for $500K in 2006. Owner pulled a major alteration permit in 2014. Investor / LLC $394K —/— 2,100 1963 1 lien in pre-2017 ledger
2996 WELSH RD Bought for $116K in 2001, alteration permit in 2010, sold for $220K in 2017 (+90%). Owner-occupied $359K 4/1 2,000 1963 2 $5K tax · Jun ’22
2998 WELSH RD Owner pulled a sign permit in 2023. Owner-occupied $395K —/— 2,405 1963 0
2998 WELSH RD Commercial Inspection passed (2005); L&I violation (2017); Inspection failed ×2 (2017); Inspection passed (2018). Absentee individual $842K —/— 2,550 1969 0
2998 WELSH RD Commercial Owner pulled a tank install/removal permit in 2023. Absentee individual $867K —/— 1,652 1967 0 lien in pre-2017 ledger
2999 WELSH RD Commercial Bought for $195K in 2016. Owner pulled a alterations permit in 2023. Absentee individual $371K —/— 1,835 1963 1

Neighborhood

Median income
$76K
household
Own vs. rent
87%
owner-occupied
Median age
36.1
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.