Philadelphia property report

700 block of Welsh Rd

A mostly owner-occupied block: 89% of homes are lived in by their owners, with 1 parcel listed in the June 2022 tax-delinquency snapshot ($6,839 recorded then).

The typical home here is up 83% since 2016, now about $508K. Property taxes are climbing about 4% 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
  1. 01
    Ownership

    89% owner-occupied with zero investor share leaves the block with no speculative buyer presence.

  2. 02
    Appreciation

    Median value sits at $508K, double the city median, yet appreciation of 5.3% per year trails city growth of 6.5% per year.

  3. 03
    Tax snapshot

    The City’s June 2022 delinquency snapshot recorded $7K across 1 parcel; it does not show today’s balance.

AI-generated from the public record; it can contain errors. Verify with the cited sources before relying on it.

By the Numbers

Median home value
$508K
9 homes of 9 parcels
ZIP median $383K
Price / sq ft
$300
typical home
city median $181
Vs. Philadelphia
2.2×
the city median
city $230K
Tax / yr
$5K
typical · up to $7K
city ≈$3K/yr
Median built
1963
year built
city 1925
Owner-occupied
89%
8 of 9
city 48%
Rentals
0%
0 licensed
city 15% of homes
Open violations
0
none on record
▼ block 0% · city 5%
Tax delinquency · Jun 2022
$7K
1 of 9 listed
▲ block 11% · city 9%

How fast it's moving

1 year
+9%
value · tax +$0
5 years
+73%
value · tax +$2K
10 years
+83%
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 $508K — about 2.2× the citywide median home, and above the ZIP 19115 median of $383K. The same block, read against everyone else in the ZIP 19115 and across Philadelphia.

This blockZIP 19115Philadelphia
Median home value$508K$383K$230K
Owner-occupied67%69%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 2 reported crimes (about 0 a month, 50% of them violent) and 11 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
2
about 0/month · 50% violent
311 requests · 12mo
11
about 1/month

Most reported crimes

All Other Offenses1
Other Assaults1

Top 311 complaints

Rubbish/Recyclable Material Collection6
Salting3
Maintenance Complaint1
Street Trees1

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
Joseph Greenberg
600 Sharon Ln · 1048 students
High · 9-12
George Washington
10175 Bustleton Ave · 1795 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 · latest published roll

$0$500K$1.0M$508K2016: $277K2017: $277K2018: $277K2019: $282K2020: $294K2021: $294K2022: $294K2023: $375K2024: $375K2025: $465K2026: $465K2027: $508K2016202020232027

▲ +83% since 2016

Estimated property tax · per home, per year

$0$5,000$10,000$5,4382016: $3,6482017: $3,5832018: $3,5832019: $3,6392020: $3,7562021: $3,7562022: $3,7562023: $4,4812024: $4,4812025: $5,4382026: $5,4382016201920232026

▲ +49% since 2016 · ~+4%/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.

3 homes pay the full 1.40%6 pay less

The block as an asset

Read like a financial asset, this block has lagged the Philadelphia market, compounding +5.3% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 183 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $183 today versus $201 across Philadelphia — this block trailed the market.

Annualized return
+5.3%/yr
price, since 2016
Total appreciation
+68%
since 2016
Net rental yield
-1574494.3%
est., after tax carry
Total return
-1574489%/yr
price + net rent
Real return
-1574492%/yr
after ~3% inflation
vs. Philadelphia
-1.2 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 9 arm's-length sales since 2001. The typical home has sold 1 time in that window, while 1 has not changed hands at all.

Every recorded sale · price & date

$0$250K$500K20042008201220162020
9arm's-length sales since 2001
1times the typical home has sold
2most sales for a single property
1homes never sold in the window

Who owns it

Ownership of 9 parcels

Owner-occupied: 8Absentee individual: 1 9parcels
  • Owner-occupied 8
  • Absentee individual 1

Value distribution today

2 parcels1 parcels1 parcels1 parcels0 parcels1 parcels3 parcels
$471K$547K+

No multi-home or corporate owners on this block — every home has its own owner.

House by house

All 9 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; final year is the latest published roll

$0$500K$1.0M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
701 WELSH RD Bought for $310K in 2012. Owner pulled a alteration permit in 2010. Owner-occupied $528K —/— 1,656 1963 1
703 WELSH RD Bought for $410K in 2021. Owner pulled a alteration permit in 2010. Owner-occupied $493K 3/2 1,680 1963 1
705 WELSH RD Owner-occupied $471K —/— 1,680 1963 1
707 WELSH RD Owner-occupied $497K —/— 1,778 1963 1
709 WELSH RD Owner-occupied $508K —/— 1,580 1963 1
711 WELSH RD Bought for $250K in 2003. Owner pulled a mechanical permit in 2016. Owner-occupied $474K —/— 1,580 1963 2
715 WELSH RD Bought for $235K in 2014. Owner pulled a electrical permit in 2018. Absentee individual $541K —/— 2,140 1963 1 $7K tax · Jun ’22
720 WELSH RD Owner-occupied $565K —/— 1,682 1963 0
723 WELSH RD Bought for $205K in 2001. Owner pulled a alteration permit in 2019. Owner-occupied $547K —/— 1,816 1963 1

Neighborhood

Median income
$104K
household
Own vs. rent
100%
owner-occupied
Median age
49.9
residents
Median rent
$-667M
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, 9:49 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.