Public Records
Edition
Philadelphia10500 block of Drummond RdJuly 9, 2026

House report

10500 Drummond Rd

53,222 sqft · I2 · built 1997

Investor / LLC · assessed $4.9M · sold 3×. On the 10500 block of Drummond Rd.

Street view of 10500 Drummond Rd
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Pa Newco 5 LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $22M combined

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$4.9M
built 1997
Price / sq ft
$92
block $92 · in line w/ block
Appreciation
+96%
+6%/yr, city 6.5%
In 5 years (~2031)
~$4.9M
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$69K
1.4% effective
Gross yield
Times sold
3

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$2.5M$5.0MBefore this chart — 2012: Sold $17M2016: Use2021: Addition and/or Alteration 2021: 3 L&I violations 2021: Addition and/or Alteration 2021: Signs (Accessory / Non-Accessory) 2021: Change of Use 2021: Signs (Accessory / Non-Accessory) 2021: Sign2024: Sold $22M2025: Roof Covering Replacement2026: L&I violation$4.9M201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

Bought for $17M in 2012, use permit in 2016, sold for $22M in 2024 (+993%).

  1. 2012 $17MSold
  2. 2016 UsePermit
  3. 2021 Addition and/or AlterationPermit3 L&I violationsL&IAddition and/or AlterationPermitSigns (Accessory / Non-Accessory)PermitChange of UsePermitSigns (Accessory / Non-Accessory)PermitSignPermit
  4. 2024 $22MSold
  5. 2025 Roof Covering ReplacementPermit
  6. 2026 L&I violationL&I

Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Interior
53,222 sqft
livable area
Lot
177,140 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B
assessor's grade
Zoning
I2
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 10500 Drummond Rd takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$22M
20%
6.875%
$35K/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Next door: 10501 Drummond Rd  ·  10521 Drummond Rd

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)