Philadelphia property report

5400 block of Wayne Ave

A mixed-ownership block: 58% owner-occupied, 25% investor-held, with 30 open code violations and 1 parcel listed in the June 2022 tax-delinquency snapshot ($5,079 recorded then).

The typical home here is up 105% since 2016, now about $506K. Property taxes are climbing about 6% 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
$506K
12 homes of 14 parcels
ZIP median $207K
Price / sq ft
$116
typical home
city median $181
Vs. Philadelphia
2.2×
the city median
city $230K
Tax / yr
$7K
typical · up to $44K
city ≈$3K/yr
Major assessment exemptions
3 of 12
$39K/yr estimated reduction
Owner-occupied
58%
7 of 12
city 48%
Rentals
43%
6 licensed
city 15% of homes
Open violations
30
L&I code
▲ block 7% · city 5%
Tax delinquency · Jun 2022
$5K
1 of 14 listed
▼ block 7% · city 9%
Zoning appeals
4
3 homes · ZBA & boards
block 25% · city 5%
Record caveats
1
of 14 parcels

How fast it's moving

1 year
+2%
value · tax +$475
5 years
+144%
value · tax +$3K
10 years
+105%
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 $506K — about 2.2× the citywide median home, and above the ZIP 19144 median of $207K. The same block, read against everyone else in the ZIP 19144 and across Philadelphia.

This blockZIP 19144Philadelphia
Median home value$506K$207K$230K
Owner-occupied50%48%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 73 reported crimes (about 6 a month, 34% of them violent) and 126 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
73
about 6/month · 34% violent
311 requests · 12mo
126
about 11/month · 19 open

Most reported crimes

Other Assaults15
Motor Vehicle Theft11
Vandalism/Criminal Mischief11
Theft from Vehicle9
Thefts7
Aggravated Assault No Firearm5

Top 311 complaints

Maintenance Complaint27
Street Defect21
Rubbish/Recyclable Material Collection15
Abandoned Vehicle11
Sanitation Violation11
Illegal Dumping5

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 · K-5
John B Kelly
5116 Pulaski Ave · 346 students
Middle · K-8
Theodore Roosevelt
430 E Washington Ln · 407 students
High · 9-12
Martin Luther King
6100 Stenton Ave · 604 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$506K2016: $247K2017: $247K2018: $249K2019: $217K2020: $207K2021: $207K2022: $207K2023: $338K2024: $338K2025: $496K2026: $496K2027: $506K2016202020232027

▲ +105% since 2016

Estimated property tax · per home, per year

$0$5,000$10,000$5,7942016: $3,0382017: $3,0382018: $3,0382019: $2,5342020: $2,4272021: $2,4272022: $2,4272023: $4,0782024: $4,0782025: $5,3192026: $5,3192027: $5,7942016202020232027

▲ +91% since 2016 · ~+6%/yr

3
3 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 $38,761. 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.

4 homes pay the full 1.40%8 pay less
$44,054pays now $55,855at the full rate

One large gap: 5427 Wayne Ave has a $44,054/year assessment-based estimate on $4.0M assessed value — about 79% of the $55,855 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 +6.7% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

8410025020162019202220252027This block 205 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $205 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+6.7%/yr
price, since 2016
Total appreciation
+105%
since 2016
Net rental yield
1.4%
est., after tax carry
Total return
+8.1%/yr
price + net rent
Real return
+5.1%/yr
after ~3% inflation
vs. Philadelphia
+0.2 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 8 arm's-length sales since 2002. The typical home has sold 0 times in that window, while 7 have not changed hands at all.

Every recorded sale · price & date

$0$2.5M$5.0M20052010201520202025
8arm's-length sales since 2002
0times the typical home has sold
3most sales for a single property
7homes never sold in the window

Who owns it

Ownership of 14 parcels

Owner-occupied: 7Investor / LLC: 4Absentee individual: 3 14parcels
  • Owner-occupied 7
  • Investor / LLC 4
  • Absentee individual 3

Value distribution today

11 parcels0 parcels1 parcels0 parcels0 parcels0 parcels2 parcels
$364K$5.9M+

The block's largest owner, Germantown Apartments LLC, carries 3 open violations across 15 properties it owns around the city.

OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Germantown Apartments LLC115$3.5M3729 Stanton St, Philadelphia PA, 19129phila.gov ↗ · registry ↗
Gaudenzia Foundation INC (institution / nonprofit)113$8.7M35-41 E School House Ln, Philadelphia PA, 19144phila.gov ↗
Asv Properties LLC16$1.5M6443 Rising Sun Ave, Philadelphia PA, 19111phila.gov ↗ · registry ↗
Traill Corp11$421K426 S 44th St, Philadelphia PA, 19104phila.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 14 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$5.0M$10M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
5400-02 WAYNE AVE Apartment building L&I violation (2015); Inspection failed (2015); Inspection failed ×2 (2016). Investor / LLC $421K —/— 3,100 1890 0 $5K tax · Jun ’22
5401-07 WAYNE AVE Apartment building built new under a 2014 permit (reduced taxable assessment shown). Investor / LLC $596K —/— 6,612 1920 0 licensed rentalassessment exemption · basis unverified
5404 WAYNE AVE Apartment building Bought for $338K in 2019. Owner pulled a alterations permit in 2020. Investor / LLC $407K —/— 4,062 1890 1 licensed rental
5409-19 WAYNE AVE Apartment building 9 L&I violations (2014); L&I: 5 failed, 3 passed (2014); 2 L&I violations (2015); L&I: 3 failed, 1 passed (2015); 9 L&I violations (2022); L&I: 4 failed, 2 passed (2022); 4 L&I violations (2025); L&I: 2 failed, 2 passed (2025). Absentee individual $2.3M —/— 23,093 1965 0 licensed rental
5410 WAYNE AVE Apartment building Bought for $475K in 2025, addition and/or alteration permit in 2018, sold for $475K in 2025 (+131%). Owner-occupied $568K 4/4 4,146 1890 3 licensed rental
5412 WAYNE AVE Apartment building built new under a 2019 permit. Owner-occupied $453K —/— 3,743 1890 0
5426 WAYNE AVE Traded 2×: $225K in 2002 → $535K in 2006 (+138%). Owner-occupied $789K —/— 8,469 1890 2
5427 WAYNE AVE Apartment building built new under a 2023 permit (reduced taxable assessment shown). Owner-occupied $5.9M —/— 47,000 1927 1 licensed rentalassessment exemption · basis unverified
5430 WAYNE AVE built new under a 2009 permit (reduced taxable assessment shown). Owner-occupied $422K —/— 3,478 1890 0 assessment exemption · basis unverified
5432 WAYNE AVE Owner pulled a alteration permit in 2015. Owner-occupied $420K —/— 3,497 1890 0
5438 WAYNE AVE Owner pulled a addition and/or alteration permit in 2021. Absentee individual $364K —/— 4,857 1890 1
5442 WAYNE AVE Apartment building Traded 2×: $310K in 2003 → $825K in 2024 (+166%). Investor / LLC $527K —/— 7,254 1890 2 licensed rental
5446 WAYNE AVE Owner-occupied $559K —/— 4,810 1890 0
5457 WAYNE AVE Apartment building built new under a 2012 permit (reduced taxable assessment shown). Absentee individual $5.9M —/— 145,000 1971 0 assessment exemption · basis unverified30 viol

Neighborhood

Median income
$66K
household
Own vs. rent
50%
owner-occupied
Median age
37.5
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, 3:02 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.