2026 taxable assessment $111,900 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $1,421,000; it is not the 2026 billed-year value.
Commercial property report
500-06 Walnut St
4,612 sqft · CMX4 · built 2019
Commercial · Walnut Commercial Ventures, LLC · assessed $1.4M (2026) · 2027 OPA assessment $1.4M. On the 500 block of Walnut St.
BlockReport AI · cited public records
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Property summary
Assessment$1,400,0002026 OPA assessment · 2027: $1,421,000
Last sale$1.5MRecorded 2021
Est. tax bill$1,566/year2026 taxable assessment · full-value scenario $19,597/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits5Every fetched City permit
Violations0 open8 historical across 4 cases
“Open” reflects records available then historical records keep their source dates estimates are labeled
Question or correct this record
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
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 8885012702026 OPA taxes $111,900 of $1,400,000 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 2019.
View supporting records →The property record, over time
Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $1,421,000; it is not yet the billed-year tax basis.
Assessment history · all dated City records marked on the line
- OPA assessment · 2019$1.1M 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 · 2020$1.1M 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 · 2021$1.1M 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 · 2022$1.1M 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 · 2023$1.1M 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 · 2024$1.1M 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 · 2025$1.4M 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$1.4M 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 · 2027$1.4M 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 · 2017-12-04AdministrativeThis 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 · 2017-12-04PENALTY- NO BLDG 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 · 2017-12-04PERMB- INSTALL FIREPLACEA 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 · 2017-12-04BP_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 ↗
- Permit · 2018-02-09MechanicalThis 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 · 2018-07-09Major 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 · 2018-08-08AdministrativeThis 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 · 2019-11-26ElectricalThis 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 ↗
- L&I violation · 2018-06-21LIC MUST BE AVAIL FOR INSPA 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 · 2018-06-21BLDG PERMIT REQUIREDA 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 · 2018-06-21PERMB- WORK NOT SAME AS PERMITA 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 · 2018-06-21PENALTY- NO BLDG 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 · 2018-10-30CO- 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 · 2018-11-16WORKMANLIKE- 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 ↗
- Inspection · 2018-11-16BP_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 · 2019-02-22BP_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 ↗
Property assessmentAssessmentL&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 record16 events · exact dates, newest first
- PermitElectrical
- InspectionBP_BLDG
- L&I violationWORKMANLIKE- FIRE CODE
- InspectionBP_BLDG
- L&I violationCO- WK NOT ENTIRELY DONE NO CO
- PermitAdministrative
- PermitMajor alteration
- L&I violationLIC MUST BE AVAIL FOR INSP
- L&I violationBLDG PERMIT REQUIRED
- L&I violationPERMB- WORK NOT SAME AS PERMIT
- L&I violationPENALTY- NO BLDG PERM INFO
- PermitMechanical
- PermitAdministrative
- L&I violationPENALTY- NO BLDG PERM INFO
- L&I violationPERMB- INSTALL FIREPLACE
- InspectionBP_BLDG
Commercial propertyProperty report
This is a commercial, recorded under the city's commercial category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.
What it is
Commercial
Res Condo 5+ Sty Masonry
Owner
Walnut Commercial Ventures, LLC
OPA tax treatment
Assessed $1.4M
Taxable assessment on the roll
$ / sq ft
$308
above the $130 median for 12,035 commercial parcels citywide
Corridor
Old City
city commercial corridor
Assessed value
$1,400,000
2026 OPA · 2027: $1,421,000
Interior area
4,612 sqft
Lot size
1 sqft
Built
2019
Zoning
CMX4
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 21 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- PermitElectrical
Permit 1018999 · COMPLETED
AMENDING PERMIT #919904 REDUCTION OF SCOPE FOR RESALE OF UNIT. TERACE WORK REMOVED ALL APPLIANCES AND KITCHENS REMOVED; DECORATIVE AND TASK LIGHTING REMOVED FROM MILLWORK AND CEILING AREAS. FLOORBOXES REMOVED FROM SCOPE
- InvestigationBP_BLDG
Case 664051 · PASSED
The cited inspection visit was marked passed.
- InvestigationBP_BLDG
Case 664051 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- ViolationWORKMANLIKE- FIRE CODE
Case 664051 · Violation 4916380 · Code A-104.1/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBP_BLDG
Case 661560 · PASSED
The cited inspection visit was marked passed.
- ViolationCO- WK NOT ENTIRELY DONE NO CO
Case 661560 · Violation 4857549 · Code A-701.5/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBP_BLDG
Case 661560 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- InvestigationBP_BLDG
Case 640203 · PASSED
The cited inspection visit was marked passed.
- PermitAdministrative
Permit 900123 · COMPLETED
AMEND ALTERATIONS PERMIT NO. 889760 TO PROVIDE ELEVATIONS AND SPECIFICATIONS FOR PROPOSED PLAYGROUND EQUIPMENT, TO DOCUMENT COMPLIANCE WITH ACCESSIBILITY PROVISIONS AND TO PROVIDE PROTECTIONS TO FIRE EQUIPMENT ON ADJACENT BUILDING AS PER APPROVED PLANS.
- PermitMajor alteration
Permit 889760 · COMPLETED
LEVEL II EXTERIOR ALTERATIONS (NO CHANGE OF OCCUPANCY) FOR THE INSTALLATION OF STONE BASE, SLAB, TURF AND EQUIPMENT FOR ACCESSORY EXTERIOR PLAYGROUND AREA AS PER APPROVED PLANS. NO INTERIOR WORK ON THIS PERMIT.
- ViolationLIC MUST BE AVAIL FOR INSP
Case 640203 · Violation 4715486 · Code A-302.8/31 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationBLDG PERMIT REQUIRED
Case 640203 · Violation 4715487 · Code A-501.1/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERMB- WORK NOT SAME AS PERMIT
Case 640203 · Violation 4715485 · Code A-302.10/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPENALTY- NO BLDG PERM INFO
Case 640203 · Violation 4715488 · Code A-901.13/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBP_BLDG
Case 640203 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitMechanical
Permit 838189 · COMPLETED
FOR THE INSTALLATION OF THREE (3) FIREPLACES AS PER SUBMITTED MANUFACTURER'S SPECIFICATIONS AND APPROVED PLANS.
- InvestigationBP_BLDG
Case 614158 · PASSED
The cited inspection visit was marked passed.
- InvestigationBP_BLDG
Case 614158 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitAdministrative
Permit 836348 · COMPLETED
TEMPORARY CERTIFICATE OF OCCUPANCY FOR FLOORS: LOWER BASEMENT, UPPER BASEMENT, AND 1ST THROUGH 10TH FLOORS
- ViolationPENALTY- NO BLDG PERM INFO
Case 614158 · Violation 4566417 · Code A-901.13/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERMB- INSTALL FIREPLACE
Case 614158 · Violation 4566416 · Code A-301.1/47 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
What this record suggests
The City file documents 5 permits touching kitchen work, electrical work. 5 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Who's behind it
Walnut Commercial Ventures, LLC · corporate / LLC owner
• Tax bills mail to 502 Walnut St, Philadelphia PA, 19106
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)