Philadelphia property report

400 block of Watkins St

A mostly owner-occupied block: 62% of homes are lived in by their owners, with 1 open code violation.

The typical home here is up 143% since 2016, now about $327K. Property taxes are climbing about 7% a year though the increases have eased lately.

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
$327K
29 homes of 31 parcels
ZIP median $259K
Commercial
$189K
1 building · $184/sqft
Price / sq ft
$280
typical home
city median $181
Vs. Philadelphia
1.4×
the city median
city $230K
Recent sale
$248K
1 sold in 2yr
assessed $327K
Tax / yr
$4K
typical · up to $8K
city ≈$3K/yr
Major assessment exemptions
5 of 29
$22K/yr estimated reduction
Owner-occupied
62%
18 of 29
city 48%
Rentals
16%
5 licensed
city 15% of homes
Open violations
1
L&I code
▼ block 3% · city 5%
Tax delinquency · Jun 2022
No match
no parcels listed in snapshot
▼ block 0% · city 9%
Zoning appeals
6
5 homes · ZBA & boards
block 17% · city 5%
Record caveats
1
of 31 parcels

How fast it's moving

1 year
+5%
value · tax +$137
5 years
+23%
value · tax +$1K
10 years
+154%
value · tax +$2K

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 $327K — about 1.4× the citywide median home, and above the ZIP 19148 median of $259K. The same block, read against everyone else in the ZIP 19148 and across Philadelphia.

This blockZIP 19148Philadelphia
Median home value$327K$259K$230K
Owner-occupied28%44%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 89 reported crimes (about 7 a month, 26% of them violent) and 389 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
89
about 7/month · 26% violent
311 requests · 12mo
389
about 32/month · 61 open

Most reported crimes

Thefts29
Other Assaults19
Motor Vehicle Theft15
Theft from Vehicle8
Fraud7
Burglary Residential3

Top 311 complaints

Salting80
Rubbish/Recyclable Material Collection58
Maintenance Complaint38
Abandoned Vehicle34
Illegal Dumping28
Street Defect22

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
Vare-Washington ES
1198 S 5th St · 370 students
High · 9-12
Horace Furness
1900 S 3rd St · 836 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$327K2016: $135K2017: $129K2018: $149K2019: $190K2020: $222K2021: $222K2022: $265K2023: $265K2024: $265K2025: $311K2026: $311K2027: $327K2016202020232027

▲ +143% since 2016

Estimated property tax · per home, per year

$0$2,500$5,000$3,6412016: $1,6902017: $1,6902018: $1,6902019: $2,2702020: $2,2312021: $2,2312022: $2,4662023: $3,0042024: $3,0042025: $3,5272026: $3,5042027: $3,6412016202020232027

▲ +115% since 2016 · ~+7%/yr

5
5 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 $22,194. OPA's numeric split does not establish whether any row is Homestead, an abatement, another program, or when treatment changes.

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.

16 homes pay the full 1.40%13 pay less
$1,867pays now $9,334at the full rate

One large gap: 411 Watkins St has a $1,867/year assessment-based estimate on $667K assessed value — about 20% of the $9,334 full-assessment scenario. Verify the exemption basis and live account before relying on either number.

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +8.4% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 243 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $243 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+8.4%/yr
price, since 2016
Total appreciation
+143%
since 2016
Net rental yield
3.8%
est., after tax carry
Total return
+12.2%/yr
price + net rent
Real return
+9.2%/yr
after ~3% inflation
vs. Philadelphia
+1.9 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 56 arm's-length sales since 2000. The typical home has sold 2 times in that window, while 5 have not changed hands at all.

Every recorded sale · price & date

$0$500K$1.0M20002005201020152020
56arm's-length sales since 2000
2times the typical home has sold
8most sales for a single property
5homes never sold in the window

Who owns it

Ownership of 31 parcels

Owner-occupied: 18Absentee individual: 12Vacant: 1 31parcels
  • Owner-occupied 18
  • Absentee individual 12
  • Vacant 1

Value distribution today

3 parcels6 parcels6 parcels7 parcels2 parcels0 parcels7 parcels
$128K$570K+
OwnerOn blockOwns citywidePortfolio valueSource
Peter Derito (individual)29$1.5Mphila.gov ↗
Korey Riker (individual)22$758Kphila.gov ↗

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).

House by house

All 31 homes 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 house's assessed value, 2016–2027 — each line is one home

$0$500K$1.0M201620182020202220242026Block median
Each houseNew build / flipBlock median

Worth a look

AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
401 WATKINS ST Bought for $30K in 2003. Owner pulled a electrical permit in 2018. Owner-occupied $323K 3/2 1,620 1925 2 licensed rentallien in pre-2017 ledger
403 WATKINS ST Bought for $135K in 2017, built new under a 2017 permit (reduced taxable assessment shown), sold for $285K in 2018. Owner-occupied $385K 2/1 1,413 1925 2 assessment exemption · basis unverified
404 WATKINS ST Absentee individual $241K 3/1 810 1925 0
405 WATKINS ST Bought for $234K in 2018, built new under a 2017 permit (reduced taxable assessment shown), sold for $553K in 2020. Owner-occupied $521K 4/2 1,812 1925 4 assessment exemption · basis unverifiedlien in pre-2017 ledger
406 WATKINS ST Bought for $164K in 2013. Owner pulled a electrical permit in 2013. Owner-occupied $292K 2/1 1,125 1925 1
407 WATKINS ST 4 L&I violations (2011); Inspection failed ×2 (2011); Inspection passed (2016). Owner-occupied $375K 5/2 1,968 1925 0
408 WATKINS ST Traded 2×: $20K in 2003 → $190K in 2014 (+850%). Owner-occupied $232K 2/1 750 1925 2
409 WATKINS ST Old house bought for $220K in 2015, demolished in 2016 and rebuilt (2015), then sold for $423K in 2017. Absentee individual $563K 3/— 2,784 2017 2 licensed rentalassessment exemption · basis unverified
410 WATKINS ST Bought for $27K in 2011, roof covering replacement permit in 2021, sold for $380K in 2023 (+1307%). Owner-occupied $434K 3/1 1,426 1925 3
411 WATKINS ST Bought for $417K in 2017, built new under a 2015 permit (reduced taxable assessment shown), sold for $558K in 2021. Owner-occupied $570K 3/2 2,784 2016 2 assessment exemption · basis unverified
412 WATKINS ST Bought for $80K in 2014. Owner pulled a electrical permit in 2015. Absentee individual $311K 3/2 810 1925 1
413 WATKINS ST built new under a 2016 permit (reduced taxable assessment shown), sold for $405K in 2017. Owner-occupied $570K 3/— 2,784 2016 1 assessment exemption · basis unverified
414 WATKINS ST Bought for $60K in 2010, major alteration permit in 2010, sold for $256K in 2018 (+753%). Owner-occupied $308K 2/2 900 1925 5
415 WATKINS ST Industrial building Traded 3×: $65K in 2010 → $98K in 2017 (+51%). Absentee individual $189K —/— 1,026 1930 3
416 WATKINS ST Owner pulled a electrical permit in 2012. Absentee individual $260K 2/2 900 1925 0
417 WATKINS ST Bought for $75K in 2006. Owner pulled a plumbing permit in 2010. Absentee individual $358K 4/1 1,440 1925 2
418 WATKINS ST Bought for $60K in 2010, major alteration permit in 2010, sold for $150K in 2011 (+150%). Owner-occupied $329K 4/1 810 1915 2
419 WATKINS ST Vacant lot built new under a 2011 permit. Vacant $128K —/— 0
420 WATKINS ST built new under a 2015 permit, sold for $160K in 2014. Absentee individual $521K 4/2 1,755 1925 1 licensed rental
422 WATKINS ST Traded 3×: $28K in 2003 → $131K in 2010 (+376%). Absentee individual $327K 3/1 1,356 1925 3
423 WATKINS ST Bought for $55K in 2003, built new under a 2018 permit, sold for $575K in 2020. Owner-occupied $636K 3/2 2,265 2020 3
424 WATKINS ST Absentee individual $236K 3/1 771 1925 0 licensed rental
425 WATKINS ST Bought for $55K in 2003, built new under a 2018 permit, sold for $583K in 2020. Owner-occupied $635K 3/3 2,265 2020 2
426 WATKINS ST 2 L&I violations (2011); Inspection failed ×2 (2011); 2 L&I violations (2016); L&I: 3 failed, 3 passed (2016); sold $75K (2017); L&I violation (2017); Inspection failed (2017); L&I violation (2018); L&I: 3 failed, 2 passed (2018). Owner-occupied $241K 3/1 810 1925 1 1 viollien in pre-2017 ledger
427 WATKINS ST Bought for $51K in 2010, major alteration permit in 2011, sold for $325K in 2020 (+4541%). Owner-occupied $356K 3/1 1,140 1925 8
428 WATKINS ST Traded 2×: $166K in 2008 → $248K in 2024 (+50%). Owner-occupied $333K 2/1 1,050 1925 2
429 WATKINS ST Bought for $85K in 2012. Owner pulled a mechanical permit in 2019. Absentee individual $290K 3/1 1,260 1925 2 licensed rental
430 WATKINS ST Traded 3×: $20K in 2007 → $239K in 2013 (+1095%). Owner-occupied $286K 3/1 1,122 1925 3
432 WATKINS ST Owner pulled a alteration permit in 2015. Owner-occupied $176K 3/1 810 1925 0
434 WATKINS ST Bought for $26K in 2004. Owner pulled a plumbing permit in 2016. Absentee individual $249K 3/1 975 1925 1
436 WATKINS ST sold $18K (2003); 3 L&I violations (2011); L&I: 2 failed, 1 passed (2011). Absentee individual $249K 3/1 975 1925 1

Neighborhood

Median income
$80K
household
Own vs. rent
56%
owner-occupied
Median age
36.3
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, 3:00 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.