2026 taxable assessment $647,900 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $6,000,000; it is not the 2026 billed-year value.
House report
500-06 Walnut St
3 bd · 3 ba · 1 story · 4,200 sqft · CMX4 · built 2017
Owner-occupied · assessed $8.1M (2026) · 2027 OPA assessment $6.0M. On the 500 block of Walnut St.
Property summary
Assessment$8,099,0002026 OPA assessment · 2027: $6,000,000
Last sale$6.5MRecorded 2017
Est. tax bill$9,069/year2026 taxable assessment · full-value scenario $113,370/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits9Every fetched City permit
Violations0 open5 historical across 1 case
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
Ask the questions this record raises.
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Property tax
The estimate, live balance, and back-tax record are different.
BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.
A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”
OPA 8885012602026 OPA taxes $647,900 of $8,099,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.
See the assessment math →Historical delinquency sources No current conclusion
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
What stands out
From the public recordImproved
Why it mattersOwner pulled a electrical permit in 2018.
View supporting records →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
Verify the current tax bill and exemption
The 2026 taxable assessment implies about $9,069/yr, while applying the same rate to the full assessment would imply about $113,370/yr — $104,301/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.
If you own it
Verify which assessment relief applies
OPA shows a material assessment exemption, but this record does not identify its legal basis or transfer treatment. Ask OPA for the approval history; if the current treatment ends, an eligible owner-occupant may need to apply separately for Homestead relief.
Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.
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 record to dig into any number.
Assessed value
$8,099,000
2026 billed-year assessment · 2027: $6,000,000 · built 2017
Price / sq ft
$1429
block $1175 · above block
Appreciation
+12%
+2%/yr, city 6.5%
In 5 years (~2031)
~$6.0M
+2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$9,069
0.15% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
0.5%
≈$2K/mo rent
Times sold
0
Assessment vs. the block · every dated City record marked on the line
- OPA assessment · 2019$7.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$7.5M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$7.5M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$7.5M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$7.8M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$7.8M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$8.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$8.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Permit · 2018-01-16PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-01-17Major alterationA broad legacy permit work category for a substantial building alteration. It can include changed layouts, partitions, fixtures, finishes, structural work, or occupancy-related work, but only the approved scope and plans say what this permit actually authorized; separate trade permits may be required.What Philadelphia building permits can cover ↗
- Permit · 2018-02-06SuppressionThis permit category usually covers fire-suppression systems or related life-safety work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-12-11ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-07-03MechanicalThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-07-12AdministrativeThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- L&I violation · 2018-11-27CONSTRUCTION DOCUMENTSA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2018-11-27CO- WK NOT ENTIRELY DONE NO COA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2018-11-27PENALTY- NO ELEC PERM INFOA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2018-11-27WORKMANLIKE- FIRE CODEA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2018-11-27COMPL CONCEAL- FIRE PERM WORKA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- Inspection · 2018-11-27BP_BLDGA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2019-01-10BP_BLDGA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
Assessment lineBlock median & rangeAssessmentL&I violationPermitInspection
Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
Highlight
Every dated record13 events · exact dates, newest first
- InspectionBP_BLDG
- PermitElectrical
- L&I violationCONSTRUCTION DOCUMENTS
- L&I violationCO- WK NOT ENTIRELY DONE NO CO
- L&I violationPENALTY- NO ELEC PERM INFO
- L&I violationWORKMANLIKE- FIRE CODE
- L&I violationCOMPL CONCEAL- FIRE PERM WORK
- InspectionBP_BLDG
- PermitAdministrative
- PermitMechanical
- PermitSuppression
- PermitMajor alteration
- PermitPlumbing
The paper trail
ImprovedOwner pulled a electrical permit in 2018.
- 2018 PlumbingPermitMajor alterationPermitSuppressionPermitElectricalPermitMechanicalPermitElectricalPermit5 L&I violationsL&IMechanicalPermitAdministrativePermitInspection failedL&I visitElectricalPermit
- 2019 Inspection passedL&I visit
Records behind the chart
Browse the source ledger
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
Browse 16 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- InvestigationBP_BLDG
Case 665015 · PASSED
The cited inspection visit was marked passed.
- PermitElectrical
Permit 930184 · COMPLETED
ALTERING EXISTING FIRE ALARM LOCATIONS AS PER NFPA 72 CC DISTRICT
- ViolationCONSTRUCTION DOCUMENTS
Case 665015 · Violation 4882897 · Code A-302.5 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationCO- WK NOT ENTIRELY DONE NO CO
Case 665015 · Violation 4882899 · Code A-701.5/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPENALTY- NO ELEC PERM INFO
Case 665015 · Violation 4882900 · Code A-901.13/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationWORKMANLIKE- FIRE CODE
Case 665015 · Violation 4882896 · Code A-104.1/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationCOMPL CONCEAL- FIRE PERM WORK
Case 665015 · Violation 4882898 · Code A-402.1/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBP_BLDG
Case 665015 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitAdministrative
Permit 885119 · COMPLETED
TO AMEND PERMIT# 843669 TO REFLECT CHANGE IN DOORS AT ENTRY LOBBY OF UNIT #2100 TO SELF CLOSING MAGNETIC LOCKS, AS PER APPROVED PLANS. NO OTHER WORK APPROVED UNDER THIS PERMIT.
- PermitMechanical
Permit 880834 · COMPLETED
FOR THE INSTALLATION OF ONE (1) MECHANICAL APPLIANCE (MONTIGO P42 DIRECT VENT FIREPLACE), CONNECTING TO THE PREVIOUSLY APPROVED HVAC SYSTEM (SEE AP#847555), FOR A SINGLE DWELLING UNIT (SEE AP#843669), WITHIN AN UNDER-CONSTRUCTION HIGH-RISE RESIDENTIAL STRUCTURE, AS PER PLANS, MANUFACTURER'S SPECIFICATIONS, AND TESTED AS PER UL 127 AND Z21.88; NO OTHER WORK ON THIS PERMIT.
- PermitElectrical
Permit 881355 · COMPLETED
S&I LOW VOLTAGE & AV WIRING FOR LIGHTING,SHADE,TV, SPEAKER, KEYPADS & DATA CONTROLS,THROUGH OUT UNIT AS PER 2008 NEC (CC DISTRICT)
- PermitMechanical
Permit 847555 · COMPLETED
NEW HVAC SYSTEM IN ACCORDANCE WITH ATTACHED DRAWINGS
- PermitElectrical
Permit 847176 · COMPLETED
WIRE DEVICES, SWITCHES, RECEPTS, LIGHTS FIXTURES THROUGHOUT ONTO EXISTING 200AMP PANEL AS PER 2008 NEC (CC DISTRICT)
- PermitSuppression
Permit 850390 · COMPLETED
FOR THE RELOCATION OF SPRINKLER HEADS AS PER ATTACHED STANDARDS. DEVIATIONS FROM THESE STANDARDS REQUIRE SUBMISSION OF CONSTRUCTION AND SITE PLANS.
- PermitMajor alteration
Permit 843669 · COMPLETED
INTERIOR ALTERATIONS TO EXISTING STRUCTURE TO INCLUDE NEW INTERIOR PARTITIONS AND INTERIOR FINISHES, AS PER APPROVED PLANS.
- PermitPlumbing
Permit 845654 · COMPLETED
INSTALL 4 TOILETS, 6 LAVES, 3 SHOWERS, 1 TUB,, 1 WASHING MACHINE, 1 LAUNDRY TUB, 1 KITCHEN SINK, 1 DISHWASHER, 1 BAR SINK.THE INSTALLATION WILL COMPLY WITH THE PHILADEPHIA PLUMBING CODE 2004
What this record suggests
The City file documents 9 permits touching kitchen work, electrical work, plumbing. 9 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Flags: material assessment exemption — legal basis and term unverified. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $9,069/year. Applying the same 1.3998% rate to the full assessed value would imply ~$113,370/year — $104,301/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.
2026: ($8,099,000 assessed − $7,451,122 exempt) × 1.3998% ≈ $9,069/yr
full-assessment scenario: $8,099,000 × 1.3998% ≈ $113,370/yr
The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.
The property, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Bedrooms
3
Bathrooms
3
Stories
1
Interior
4,200 sqft
livable area
Lot
1 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
B+
assessor's grade
ABCDE
Zoning
CMX4
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 500-06 Walnut St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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 use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance.
Block context
500-06 Walnut St sits on the 500 block of Walnut St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 500-06 Walnut St · 500-06 Walnut St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 10, 2026, 12:30 PM 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. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “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.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)