Philadelphia property report
5400 block of N Water St
A mostly owner-occupied block: 89% of homes are lived in by their owners, with 3 open code violations.
The typical home here is up 90% since 2016, now about $207K. Property taxes are climbing about 5% a year and the increases are speeding up.
- Owner-occupied
- Investor / LLC
- Absentee
- Vacant
- Has violations
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By the Numbers
How fast it's moving
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.
- 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 $207K — about 0.9× the citywide median home, and above the ZIP 19120 median of $171K. The same block, read against everyone else in the ZIP 19120 and across Philadelphia.
| This block | ZIP 19120 | Philadelphia | |
|---|---|---|---|
| Median home value | $207K | $171K | $230K |
| Owner-occupied | 63% | 51% | 48% |
Safety & quality of life
Within 200 metres of the block over the last 12 months: 38 reported crimes (about 3 a month, 26% of them violent) and 67 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.
Most reported crimes
Top 311 complaints
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.
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
- $207K typical home, up +90% since 2016
- Median assessment-based tax estimate $1,225 to $2,089 a year through 2027, +5%/yr
- 2027 block estimate: — assessed, about $55,883/yr from taxable assessments, or $2,070 per home — not live account balances
Median assessed value · 2016–2027
▲ +90% since 2016
Estimated property tax · per home, per year
▲ +71% since 2016 · ~+5%/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.
- 5419 N Water Stlower taxable assessment0.54%$885/yr on $163K
- 5435 N Water Stlower taxable assessment0.69%$1,368/yr on $198K
- 5415 N Water Stmajor assessment exemption0.69%$1,575/yr on $228K
- 5400 N Water Stlower taxable assessment0.70%$1,400/yr on $200K
- 5436 N Water Stlower taxable assessment0.71%$1,454/yr on $204K
- …and 13 more with estimates below the full rate — the gold-ringed bubbles in the makeup chart
One large gap: 5415 N Water St has a $1,575/year assessment-based estimate on $228K assessed value — about 49% of the $3,185 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 tracked the Philadelphia market, compounding +6% a year against the city's 6.5%.
Indexed performance · this block vs. the Philadelphia market
Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $190 today versus $201 across Philadelphia — this block trailed the market.
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 28 arm's-length sales since 1999. The typical home has sold 1 time in that window, while 10 have not changed hands at all.
Every recorded sale · price & date
Who owns it
Ownership of 27 parcels
- Owner-occupied 24
- Absentee individual 3
Value distribution today
No multi-home or corporate owners on this block — every home has its own owner.
House by house
All 27 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
Worth a look
| Address | Ownership | Value & trend | Bd/Ba | Sq ft | Built | Sales | Flags |
|---|---|---|---|---|---|---|---|
| 5400 N WATER ST Historysold $150K (2005); L&I violation (2007); L&I: 1 failed, 1 passed (2007). | Owner-occupied | $249K | 4/1 | 1,675 | 1935 | 1 | |
| 5404 N WATER ST TradedTraded 2×: $92K in 2002 → $135K in 2006 (+47%). | Owner-occupied | $187K | —/— | 1,448 | 1935 | 2 | |
| 5405 N WATER ST ImprovedOwner pulled a addition and/or alteration permit in 2021. | Owner-occupied | $183K | 3/1 | 1,200 | 1935 | 0 | |
| 5406 N WATER ST | Owner-occupied | $198K | —/— | 1,673 | 1935 | 1 | |
| 5407 N WATER ST TradedTraded 2×: $104K in 2004 → $46K in 2016 (-56%). | Absentee individual | $174K | 3/1 | 1,200 | 1935 | 2 | licensed rental |
| 5408 N WATER ST ImprovedBought for $73K in 2009. Owner pulled a addition and/or alteration permit in 2022. | Owner-occupied | $364K | 4/— | 3,832 | 1935 | 2 | |
| 5410 N WATER ST | Owner-occupied | $207K | 4/1 | 1,365 | 1935 | 1 | |
| 5411 N WATER ST ImprovedBought for $130K in 2000. Owner pulled a alteration permit in 2017. | Owner-occupied | $344K | 9/3 | 3,710 | 1935 | 2 | |
| 5412 N WATER ST History3 L&I violations (2026); Inspection failed ×2 (2026). | Owner-occupied | $177K | —/— | 1,196 | 1930 | 0 | 3 viol |
| 5414 N WATER ST History2 L&I violations (2021); L&I: 3 failed, 1 passed (2021); L&I violation (2024); L&I: 1 failed, 1 passed (2024). | Owner-occupied | $189K | —/— | 1,319 | 1935 | 0 | |
| 5415 N WATER ST | Owner-occupied | $242K | —/— | 2,088 | 1935 | 0 | assessment exemption · basis unverified |
| 5416 N WATER ST New constructionBought for $62K in 1999, built new under a 2020 permit, sold for $225K in 2020. | Owner-occupied | $262K | 4/1 | 1,358 | 1935 | 2 | |
| 5418 N WATER ST ImprovedOwner pulled a alterations permit in 2026. | Absentee individual | $118K | —/— | 1,220 | 1935 | 0 | |
| 5419 N WATER ST Apartment building | Owner-occupied | $177K | —/— | 1,764 | 1935 | 0 | |
| 5420 N WATER ST | Owner-occupied | $187K | 3/1 | 1,456 | 1935 | 1 | |
| 5422 N WATER ST | Owner-occupied | $187K | 3/1 | 1,456 | 1935 | 0 | |
| 5423 N WATER ST | Owner-occupied | $239K | 3/1 | 3,414 | 1935 | 1 | |
| 5424 N WATER ST ImprovedBought for $89K in 2001. Owner pulled a plumbing permit in 2019. | Owner-occupied | $186K | 4/1 | 1,298 | 1935 | 2 | |
| 5426 N WATER ST | Owner-occupied | $186K | 5/1 | 1,298 | 1935 | 0 | |
| 5430 N WATER ST Frequently tradedTraded 3×: $80K in 1999 → $200K in 2023 (+150%). | Owner-occupied | $207K | 3/— | 1,520 | 1935 | 3 | |
| 5431-33 N WATER ST Frequently tradedTraded 3×: $100K in 2017 → $200K in 2021 (+100%). | Owner-occupied | $275K | —/— | 1,316 | 1935 | 3 | lien in pre-2017 ledger |
| 5432 N WATER ST | Owner-occupied | $209K | —/— | 1,520 | 1935 | 1 | |
| 5434 N WATER ST ImprovedBought for $180K in 2022. Owner pulled a plumbing permit in 2019. | Absentee individual | $209K | —/— | 1,757 | 1935 | 1 | |
| 5435 N WATER ST | Owner-occupied | $213K | —/— | 1,797 | 1935 | 0 | |
| 5436 N WATER ST ImprovedOwner pulled a plumbing permit in 2018. | Owner-occupied | $180K | —/— | 1,238 | 1935 | 0 | |
| 5437 N WATER ST | Owner-occupied | $214K | 4/1 | 2,033 | 1935 | 1 | |
| 5441 N WATER ST Apartment building ImprovedBought for $180K in 2008. Owner pulled a addition permit in 2015. | Owner-occupied | $260K | —/— | 1,850 | 1935 | 2 |
Neighborhood
First time here?
This is the 5400 block of N Water St,
on paper.
27 homes. The deeds, permits, L&I rows, assessments and sales fetched for this report — with links back to official sources.
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The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
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What to catch on the way down.
On the way down: the map (tap any building, even off this block), the who-really-pays bar, and the house-by-house roster. Every address opens its own report.
Generated 2026-07-10 from public City of Philadelphia records · Download this block's data (CSV)