Public Records
Edition
Philadelphia4700 block of Walnut StRecords pulled July 8, 2026

House report

4700 Walnut St

5 stories · 461,834 sqft · CMX3 · built 1911

Investor / LLC · assessed $54M · sold 2×. On the 4700 block of Walnut St.

Street view of 4700 Walnut St
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 buying

The tax bill is temporary

Today's $124,659/yr reflects a 10-year abatement. It jumps to about $755,007/yr in 2028 — $630,348/yr more. Price the full bill, not the current one.

Built 1911: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

Lead certificate is not optional

Built 1911: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

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

Wphs Venture Partners LLC · corporate / LLC owner

• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$54M
built 1911
Price / sq ft
$117
block $251 · below block
Appreciation
+229%
+11%/yr, city 6.5%
In 5 years (~2031)
~$54M
+11%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$125K
0.23% effective, abated
Gross yield
Times sold
2
kept in the family

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

$0$50M$100MBefore this chart — 2015: Sold $5.1M 2015: Sold $5.1M 2015: Demolished2016: Appeal approved 2016: Appeal approved2019: Addition and/or Alteration2021: Addition and/or Alteration2022: Addition and/or Alteration2024: Addition and/or Alteration$54M201620222027
This houseBlock median & rangeZoningPermit
The paper trail

demolished in 2015 and rebuilt (2019), then sold for $5.1M in 2015.

  1. 2015 $5.1MSold$5.1MSoldDemolishedTeardown
  2. 2016 Appeal approvedZoningAppeal approvedZoning
  3. 2019 Addition and/or AlterationPermit
  4. 2021 Addition and/or AlterationPermit
  5. 2022 Addition and/or AlterationPermit
  6. 2024 Addition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · active rental license · 4 zoning/board appeals on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $124,659/yr under a 10-year tax abatement. In 2028 the bill reaches its full ~$755,007/yr — a step up of $630,348/yr, 1 assessment year out. Drag the slider.

2016: ~$229,507/yr2018: ~$118,385/yr2019: ~$71,390/yr2020: ~$71,377/yr2021: ~$71,377/yr2022: ~$71,377/yr2023: ~$71,377/yr2024: ~$71,377/yr2025: ~$71,377/yr2026: ~$121,085/yr2027: ~$124,659/yr2028: ~$755,007/yr (projected)2029: ~$755,007/yr (projected)201620282029
2027~$124,659/yrfrom the record

now: ($53,936,800 assessed − $45,031,314 abated) × 1.3998% ≈ $124,659/yr 2028: $53,936,800 assessed × 1.3998% ≈ $755,007/yr Flat 100% exemption (pre-2022 program, started 2018), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

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

Stories
5
Interior
461,834 sqft
livable area
Lot
206,028 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
A
assessor's grade
Zoning
CMX3
city zoning code
Zoning appeals
4
approved 2016

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

Run the numbers

What owning 4700 Walnut St 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.

$54M
20%
6.875%
$388K/mo
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 (with the abatement toggle above).

Next door: 4701-23 Walnut St  ·  4725 Walnut St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. 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)