Philadelphia property report

500 block of Watkins St

A mostly owner-occupied block: 62% of homes are lived in by their owners, with 3 open code violations and 2 parcels listed in the June 2022 tax-delinquency snapshot ($11,555 recorded then).

The typical home here is up 114% since 2016, now about $275K. Property taxes are climbing about 8% 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
$275K
34 homes of 34 parcels
ZIP median $259K
Price / sq ft
$242
typical home
city median $181
Vs. Philadelphia
1.2×
the city median
city $230K
Recent sale
$406K
2 sold in 2yr
assessed $275K
Tax / yr
$3K
typical · up to $7K
city ≈$3K/yr
Major assessment exemptions
6 of 34
$37K/yr estimated reduction
Owner-occupied
62%
21 of 34
city 48%
Rentals
9%
3 licensed
city 15% of homes
Open violations
3
L&I code
▲ block 6% · city 5%
Tax delinquency · Jun 2022
$12K
2 of 34 listed
▼ block 6% · city 9%
Zoning appeals
2
2 homes · ZBA & boards
block 6% · city 5%

How fast it's moving

1 year
+1%
value · tax −$36
5 years
+41%
value · tax +$767
10 years
+114%
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 $275K — about 1.2× 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$275K$259K$230K
Owner-occupied38%44%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 96 reported crimes (about 8 a month, 20% of them violent) and 386 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
96
about 8/month · 20% violent
311 requests · 12mo
386
about 32/month · 52 open

Most reported crimes

Thefts25
Other Assaults16
Motor Vehicle Theft14
Theft from Vehicle11
All Other Offenses10
Fraud7

Top 311 complaints

Salting66
Rubbish/Recyclable Material Collection62
Street Defect42
Maintenance Complaint40
Illegal Dumping26
Abandoned Vehicle25

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$275K2016: $129K2017: $129K2018: $129K2019: $179K2020: $194K2021: $195K2022: $195K2023: $230K2024: $230K2025: $272K2026: $272K2027: $275K2016202020232027

▲ +114% since 2016

Estimated property tax · per home, per year

$0$2,500$5,000$3,2832016: $1,3892017: $1,3892018: $1,5632019: $2,2652020: $2,2642021: $2,4012022: $2,5162023: $2,6882024: $2,6882025: $3,3192026: $3,3192027: $3,2832016202020232027

▲ +136% since 2016 · ~+8%/yr

6
6 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 $36,678. 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.

15 homes pay the full 1.40%19 pay less
$1,273pays now $6,363at the full rate

One large gap: 530 Watkins St has a $1,273/year assessment-based estimate on $455K assessed value — about 20% of the $6,363 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 +7.2% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 214 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $214 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+7.2%/yr
price, since 2016
Total appreciation
+114%
since 2016
Net rental yield
4.6%
est., after tax carry
Total return
+11.8%/yr
price + net rent
Real return
+8.8%/yr
after ~3% inflation
vs. Philadelphia
+0.7 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 68 arm's-length sales since 2000. The typical home has sold 2 times in that window, while 6 have not changed hands at all.

Every recorded sale · price & date

$0$250K$500K200020052010201520202025
68arm's-length sales since 2000
2times the typical home has sold
5most sales for a single property
6homes never sold in the window

Who owns it

Ownership of 34 parcels

Owner-occupied: 21Investor / LLC: 2Absentee individual: 11 34parcels
  • Owner-occupied 21
  • Investor / LLC 2
  • Absentee individual 11

Value distribution today

7 parcels10 parcels5 parcels5 parcels0 parcels2 parcels5 parcels
$230K$388K+
OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
John K Conway (individual)218$4.7Mphila.gov ↗
Vn Investment Group LLC25$1.3M2610 Woodsview Dr, 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).

House by house

All 34 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
506 WATKINS ST Bought for $31K in 2003. Owner pulled a mechanical permit in 2012. Absentee individual $267K 2/1 1,200 1920 4
508 WATKINS ST built new under a 2018 permit (reduced taxable assessment shown). Owner-occupied $293K 3/— 1,440 1920 0 assessment exemption · basis unverified
510 WATKINS ST Bought for $175K in 2018. Owner pulled a alteration permit in 2010. Investor / LLC $283K 2/1 1,344 1920 1 licensed rental
512 WATKINS ST Investor / LLC $263K 3/1 1,168 1920 1 licensed rentallien in pre-2017 ledger
513 WATKINS ST Absentee individual $289K 3/1 1,404 1920 1
514 WATKINS ST Traded 2×: $35K in 2001 → $200K in 2016 (+473%). Owner-occupied $309K 3/1 1,356 1920 2
515 WATKINS ST Traded 4×: $42K in 2001 → $245K in 2018 (+483%). Owner-occupied $318K 3/1 1,024 1920 4
516 WATKINS ST Traded 2×: $16K in 2003 → $20K in 2004 (+29%). Absentee individual $284K 3/1 1,356 1920 2 licensed rental
517 WATKINS ST Bought for $100K in 2005. Owner pulled a alteration permit in 2014. Owner-occupied $270K 3/1 1,228 1924 2
518 WATKINS ST Owner pulled a electrical permit in 2013. Owner-occupied $268K 3/1 1,208 1920 0
519 WATKINS ST Bought for $64K in 2006, built new under a 2019 permit, sold for $325K in 2025. Owner-occupied $345K 2/1 1,014 1920 5
520 WATKINS ST Bought for $175K in 2021. Owner pulled a electrical permit in 2008. Owner-occupied $386K 3/1 1,110 1935 3
521 WATKINS ST Bought for $153K in 2017, built new under a 2014 permit (reduced taxable assessment shown), sold for $265K in 2018. Absentee individual $343K 2/1 956 1920 2 assessment exemption · basis unverified
522 WATKINS ST built new under a 2010 permit. Absentee individual $303K 2/1 988 1920 0
523 WATKINS ST built new under a 2020 permit (reduced taxable assessment shown). Owner-occupied $246K 3/1 1,064 1920 0 assessment exemption · basis unverifiedlien in pre-2017 ledger
524 WATKINS ST Bought for $150K in 2019, built new under a 2019 permit, sold for $310K in 2021. Owner-occupied $378K 2/1 1,160 1920 2 lien in pre-2017 ledger
525 WATKINS ST Bought for $40K in 2001, plumbing permit in 2016, sold for $225K in 2018 (+470%). Owner-occupied $261K 3/1 1,022 1920 3 2 viol
526 WATKINS ST Bought for $60K in 2007, alteration permit in 2007, sold for $180K in 2016 (+200%). Owner-occupied $315K 2/1 884 1920 3
527 WATKINS ST Bought for $66K in 2005. Owner pulled a electrical permit in 2007. Absentee individual $230K 2/1 936 1920 2
528 WATKINS ST Traded 2×: $105K in 2011 → $195K in 2016 (+86%). Owner-occupied $253K 3/1 1,076 1920 2
529 WATKINS ST Traded 2×: $94K in 2007 → $86K in 2013 (-9%). Owner-occupied $241K 3/1 980 1920 2
530 WATKINS ST Bought for $5K in 2016, built new under a 2017 permit (reduced taxable assessment shown), sold for $407K in 2018. Owner-occupied $446K 3/2 1,408 2018 2 assessment exemption · basis unverified1 viollien in pre-2017 ledger
531 WATKINS ST Bought for $45K in 2001. Owner pulled a plumbing permit in 2019. Absentee individual $253K 3/1 1,120 1920 3
532 WATKINS ST sold $5K (2002); L&I violation (2007); Inspection failed (2007); 2 L&I violations (2011); L&I: 1 failed, 1 passed (2011); L&I violation (2021). Absentee individual $259K 3/1 952 1920 1
533 WATKINS ST Bought for $44K in 2000. Owner pulled a plumbing permit in 2012. Absentee individual $274K 3/2 1,260 1920 3
534 WATKINS ST built new under a 2024 permit, sold for $145K in 2023. Owner-occupied $277K 2/1 1,092 1920 1
535 WATKINS ST Bought for $19K in 2002, built new under a 2022 permit, sold for $485K in 2024. Absentee individual $609K 3/— 1,686 1925 5
536 WATKINS ST built new under a 2024 permit (reduced taxable assessment shown). Owner-occupied $255K 2/1 1,092 1920 0 assessment exemption · basis unverified
537 WATKINS ST Bought for $75K in 2006, zoning permit in 2007, sold for $488K in 2025 (+550%). Owner-occupied $388K 3/2 1,131 1920 4
538 WATKINS ST Owner-occupied $245K 3/1 1,012 1920 0 assessment exemption · basis unverified
539 WATKINS ST Bought for $13K in 2004. Owner pulled a plumbing permit in 2017. Owner-occupied $303K 3/1 970 1920 2
540 WATKINS ST Bought for $75K in 2013, demolition permit in 2013, sold for $239K in 2022 (+221%). Owner-occupied $239K 2/1 966 1920 2
541 WATKINS ST Traded 2×: $35K in 2001 → $207K in 2024 (+493%). Absentee individual $243K 2/1 1,050 1920 2
542 WATKINS ST Bought for $44K in 2003. Owner pulled a plumbing permit in 2011. Owner-occupied $251K 3/1 1,064 1920 2

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.