Public Records
Edition
Philadelphia5000 block of Walnut StJuly 8, 2026

House report

5000 Walnut St

3 stories · 3,216 sqft · RM1 · built 1915

Owner-occupied · assessed $458K. On the 5000 block of Walnut St.

Street view of 5000 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 $2,070/yr reflects a 10-year abatement. It jumps to about $6,412/yr by 2026 — $4,342/yr more. Price the full bill, not the current one.

Built 1915: 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.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2026 it can — knocking about $1,400/yr off the full bill.

$16,801 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

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.

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
$458K
built 1915
Price / sq ft
$142
block $157 · below block
Appreciation
+113%
+7%/yr, city 6.5%
In 5 years (~2031)
~$460K
+7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.45% effective, abated
Gross yield
—
Times sold
0

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

$0$250K$500KBefore this chart — 2010: Appeal withdrawn$458K201620222027
This houseBlock median & rangePermit
The paper trailNew construction

built new (tax-abated).

  1. 2010 Appeal withdrawnZoning

Flags: tax-abated — the bill lags real value · $17K back taxes (2009–2016, $4K of it interest & penalties, lien filed) · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $2,070/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$6,412/yr — a step up of $4,342/yr. Drag the slider.

2016: ~$2,070/yr2017: ~$2,070/yr2018: ~$2,070/yr2019: ~$2,070/yr2020: ~$2,070/yr2021: ~$2,070/yr2022: ~$2,070/yr2023: ~$2,070/yr2024: ~$2,070/yr2025: ~$2,070/yr2026: ~$2,070/yr2027: ~$2,070/yr201620262027
2027~$2,070/yrfrom the record

now: ($458,100 assessed − $310,222 abated) × 1.3998% ≈ $2,070/yr 2026: $458,100 assessed × 1.3998% ≈ $6,412/yr Flat 100% exemption (pre-2022 program, started 2016), 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
3
Interior
3,216 sqft
livable area
Lot
1,552 sqft
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
withdrawn 2010

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

Run the numbers

What owning 5000 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.

$458K
20%
6.875%
$3K/mo

When this house last sold (1996) a 30-year mortgage ran about 7.81% — 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 (with the abatement toggle above).

Next door: 5002 Walnut St  ·  5004 Walnut St

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)