Assessment and sale price disagree hard
Why it mattersAssessed at $40K, but it traded for $465,500 in 2023 — a 11.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.
View supporting records →Land report
500 Admirals Way
Garage · Eve Sauter · assessed $40K. On the 500 block of Admirals Way.
Property summary
Assessment$40KCity assessed value
Last sale$466KRecorded 2023
Est. annual tax$560/yearAssessment × 1.3998%
Tax delinquencyNo 2022 matchNot proof account is current
Permits—Record unavailable
ViolationsNone openNo open L&I cases
What stands out
From the public recordVacant landLand report
An empty lot: no building, just the land and its paper trail. The homeowner tools don't apply; the deed history, owner and zoning are below, and the analyst can trace what the owner holds citywide.
What it is
Garage
Condo Parking Space
Owner
Sauter Eve
Tax standing
Assessed $40K
On the tax roll
Assessed value
$40K
City market value
Lot size
200 sqft
Zoning
RMX1
Where the record looks off
Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.
Assessment and sale price disagree hard
Assessed at $40K, but it traded for $465,500 in 2023 — a 11.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.
Block context
500 Admirals Way sits on the 500 block of Admirals Way. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 500 Admirals Way · 500 Admirals Way
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
Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.
First time here?
This is 500 Admirals Way,
on paper.
Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
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Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
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What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)