Philadelphia property report

500 block of Washington Ave

A commercial block: 24 storefronts and businesses alongside 6 homes, with 2 parcels listed in the June 2022 tax-delinquency snapshot ($31,444 recorded then).

The typical home here is up 55% since 2016, now about $469K. Property taxes are climbing about 15% 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
$469K
6 homes of 29 parcels
ZIP median $464K
Commercial
$661K
2 buildings · $127/sqft
Price / sq ft
$196
typical home
city median $181
Vs. Philadelphia
2.0×
the city median
city $230K
Recent sale
$360K
2 sold in 2yr
assessed $469K
Tax / yr
$6K
typical · up to $17K
city ≈$3K/yr
Median built
1963
year built
city 1925
Owner-occupied
33%
2 of 6
city 48%
Rentals
45%
13 licensed
city 15% of homes
Open violations
0
none on record
▼ block 0% · city 5%
Tax delinquency · Jun 2022
$31K
2 of 29 listed
▼ block 7% · city 9%
Zoning appeals
24
15 homes · ZBA & boards
block 250% · city 5%

How fast it's moving

1 year
+15%
value · tax +$842
5 years
0%
value · tax +$4K
10 years
+55%
value · tax +$5K

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 $469K — about 2.0× the citywide median home, and in line with the ZIP 19147 median of $464K. The same block, read against everyone else in the ZIP 19147 and across Philadelphia.

This blockZIP 19147Philadelphia
Median home value$469K$464K$230K
Owner-occupied0%44%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 95 reported crimes (about 8 a month, 44% of them violent) and 255 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
95
about 8/month · 44% violent
311 requests · 12mo
255
about 21/month · 28 open

Most reported crimes

Other Assaults33
Theft from Vehicle12
Thefts12
Vandalism/Criminal Mischief10
All Other Offenses5
Fraud5

Top 311 complaints

Rubbish/Recyclable Material Collection51
Sanitation Violation24
Street Defect19
Illegal Dumping18
Maintenance Complaint17
Graffiti Removal12

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
George W Nebinger
601 Carpenter St · 399 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$500K$1.0M$469K2016: $302K2017: $302K2018: $302K2019: $433K2020: $469K2021: $469K2022: $469K2023: $492K2024: $492K2025: $409K2026: $409K2027: $469K2016202020232027

▲ +55% since 2016

Estimated property tax · per home, per year

$0$5,000$10,000$6,5662016: $1,4682017: $1,6622018: $1,9032019: $2,4512020: $2,5672021: $2,5672022: $2,5672023: $5,2102024: $5,2102025: $5,3092026: $5,7242027: $6,5662016202020232027

▲ +347% since 2016 · ~+15%/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.

23 homes pay the full 1.40%2 pay less
$1,835pays now $9,173at the full rate

One large gap: 513 Washington Ave has a $1,835/year assessment-based estimate on $655K assessed value — about 20% of the $9,173 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 lagged the Philadelphia market, compounding +4.1% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 155 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $155 today versus $201 across Philadelphia — this block trailed the market.

Annualized return
+4.1%/yr
price, since 2016
Total appreciation
+55%
since 2016
Real return
+2.7%/yr
after ~3% inflation
vs. Philadelphia
-2.4 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 10 arm's-length sales since 2005. The typical home has sold 2 times in that window, while 1 has not changed hands at all.

Every recorded sale · price & date

$0$500K$1.0M19982004201020162022
10arm's-length sales since 2005
2times the typical home has sold
3most sales for a single property
1homes never sold in the window

Who owns it

Ownership of 29 parcels

Owner-occupied: 8Investor / LLC: 13Absentee individual: 7Vacant: 1 29parcels
  • Owner-occupied 8
  • Investor / LLC 13
  • Absentee individual 7
  • Vacant 1

Value distribution today

5 parcels7 parcels10 parcels1 parcels1 parcels2 parcels3 parcels
$142K$1.2M+

The block's largest owner, M&M Realty Management Par, carries 5 open violations across 7 properties it owns around the city.

OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
M&M Realty Management Par17$5.4M1600 Washington Ave, Philadelphia PA, 19146phila.gov ↗ · registry ↗
Ln Tang LLC15$1.6M536 Washington Ave, Philadelphia PA, 19147phila.gov ↗ · registry ↗
Annette A Diep (individual)23$1.1Mphila.gov ↗
Penn Bay LLC22$1.3M1415 Sloan Way, Ambler PA, 19002phila.gov ↗ · registry ↗
Sfw Investment LLC22$961K161 E Hunting Park Ave, Philadelphia PA, 19124phila.gov ↗ · registry ↗
501 Washington Ave LP11$1.4M1600 Washington Ave, Philadelphia PA, 19146phila.gov ↗ · registry ↗
2654 Oregon LLC11$765KPo Box 1872, Media PA, 19063phila.gov ↗ · registry ↗
Hskao LLC11$600K10 Etty CT, Manchester NJ, 08759phila.gov ↗ · registry ↗
Wong Family Investment Ll11$481K397 Highgate Dr, Ambler PA, 19002phila.gov ↗ · registry ↗
Wong Family Investments11$597K397 Highgate Dr, Ambler PA, 19002phila.gov ↗ · registry ↗
Wong Family Investment11$597K397 Highgate Dr, Ambler PA, 19002phila.gov ↗ · registry ↗
Vnc Investment INC11$435K531 Washington Ave, Philadelphia PA, 19147phila.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 29 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$1.0M$2.0M201620182020202220242026Block median
Each houseNew build / flipBlock median

Worth a look

AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
500-04 WASHINGTON AVE Apartment building Owner pulled a alterations permit in 2024. Absentee individual $1.2M —/— 7,115 1860 0 licensed rental
501 WASHINGTON AVE Apartment building demolished in 2011 and rebuilt (2011). Investor / LLC $1.4M —/— 11,848 2013 2 licensed rental
505 WASHINGTON AVE Industrial building Bought for $230K in 2000, built new under a 2017 permit. Absentee individual $298K —/— 3,102 2008 1
506-08 WASHINGTON AVE Industrial building Absentee individual $1.1M —/— 5,445 1930 0 licensed rental
510-12 WASHINGTON AVE Apartment building built new under a 2008 permit, sold for $900K in 2020. Investor / LLC $765K —/— 4,500 2008 1 licensed rental
513 WASHINGTON AVE Mixed-use Bought for $200K in 2005, built new under a 2021 permit (reduced taxable assessment shown). Investor / LLC $655K —/— 2,114 2024 3 licensed rentalassessment exemption · basis unverified
514 WASHINGTON AVE Apartment building demolished in 2011 and rebuilt (2011), then sold for $100K in 2011. Investor / LLC $370K —/— 1,794 1915 1 licensed rental
515 WASHINGTON AVE Mixed-use built new under a 2019 permit, sold for $300K in 2016. Owner-occupied $596K —/— 3,504 1915 1
516-20 WASHINGTON AVE Commercial Owner pulled a roof covering replacement permit in 2021. Investor / LLC $1.0M —/— 6,500 2004 0
517 WASHINGTON AVE Apartment building Bought for $130K in 2011, built new under a 2011 permit, sold for $460K in 2018. Investor / LLC $600K 4/4 2,425 2012 2
519 WASHINGTON AVE Owner pulled a plumbing permit in 2011. Owner-occupied $395K —/— 1,614 1915 0
521 WASHINGTON AVE Apartment building Bought for $250K in 2013, zoning/use permit in 2013, sold for $495K in 2017 (+662%). Absentee individual $352K —/— 2,073 1915 3 licensed rental
522 WASHINGTON AVE Apartment building demolished and rebuilt (2012). Investor / LLC $481K —/— 2,829 1915 2 licensed rental
523 WASHINGTON AVE Apartment building built new under a 2016 permit, sold for $33K in 2006. Absentee individual $331K —/— 2,178 1915 1
524 WASHINGTON AVE demolished in 2010 and rebuilt (2011). Owner-occupied $471K 3/2 1,998 2011 1
525 WASHINGTON AVE Apartment building demolished and rebuilt (2012). Investor / LLC $597K —/— 3,048 2013 3 licensed rental
526 WASHINGTON AVE Vacant lot Traded 4×: $20K in 2004 → $150K in 2005 (+650%). Vacant $142K —/— 4
527 WASHINGTON AVE Apartment building built new under a 2011 permit. Investor / LLC $597K —/— 3,048 2013 3 licensed rental
529 WASHINGTON AVE Apartment building Bought for $10K in 2003, built new under a 2007 permit, sold for $350K in 2017. Investor / LLC $452K —/— 2,193 2008 5 licensed rental
531 WASHINGTON AVE Apartment building Bought for $300K in 2008, built new under a 2007 permit, sold for $630K in 2026. Owner-occupied $435K —/— 2,112 2008 6
533 WASHINGTON AVE Apartment building Bought for $25K in 2003, built new under a 2007 permit, sold for $350K in 2008. Owner-occupied $435K —/— 2,112 2008 3
534 WASHINGTON AVE Apartment building Owner-occupied $236K —/— 1,389 1915 0
535 WASHINGTON AVE Apartment building Old house bought for $225K in 2012, demolished in 2011 and rebuilt (2011). Investor / LLC $591K —/— 3,016 2013 1 licensed rental
536 WASHINGTON AVE Mixed-use Bought for $275K in 2003. Owner pulled a alterations permit in 2023. Owner-occupied $181K —/— 1,191 1915 1
537 WASHINGTON AVE Mixed-use Bought for $310K in 2004. Owner pulled a alterations permit in 2021. Absentee individual $471K —/— 2,284 1915 2
538-44 WASHINGTON AVE Apartment building demolished and rebuilt (2011). Owner-occupied $1.2M —/— 6,684 2011 0
539 WASHINGTON AVE Apartment building built new under a 2012 permit. Absentee individual $559K —/— 2,853 2010 2 licensed rental
541 WASHINGTON AVE Bought for $320K in 2026. Owner pulled a alterations permit in 2025. Investor / LLC $242K 2/1 672 1915 2
543 WASHINGTON AVE Apartment building Bought for $400K in 2026, rough-in permit in 2025, sold for $400K in 2026 (+51%). Investor / LLC $467K —/— 1,980 1915 3

Neighborhood

Median income
$62K
household
Own vs. rent
38%
owner-occupied
Median age
34.5
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, 2:56 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.