House report

500s Market St

40,000 sqft · built 2006

Absentee individual · assessed $459K. On the 500 block of Market St.

Street view of 500s Market St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

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 last transfer was not a sale

The most recent recorded deed moved for nominal consideration. 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 own it

Construction next door (501-35 Market St, 2025)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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 record to dig into any number.

Assessed value
$459K
built 2006
Price / sq ft
$11
block $1945 · below block
Appreciation
+15%
+1%/yr, city 6.5%
In 5 years (~2031)
~$460K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.09% effective
Jun 2022 tax snapshot
Gross yield
Times sold
0

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

$0$25M$50MBefore this chart — 2007: Electrical 2009: New construction 2010: Electrical 2013: Electrical2018: Appeal filed 2018: Addition and/or Alteration2019: New Construction$459K201620222027
This houseBlock median & rangeZoningPermit

The paper trail

built new under a 2007 permit.

  1. 2007 ElectricalPermit
  2. 2009 New constructionPermit
  3. 2010 ElectricalPermit
  4. 2013 ElectricalPermit
  5. 2018 Appeal filedZoningAddition and/or AlterationPermit
  6. 2019 New ConstructionPermit

Flags: 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

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

Interior
40,000 sqft
livable area
Lot
40,000 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning appeals
1
on record

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

Run the numbers

What owning 500s Market 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.

$459K
20%
6.875%
$3K/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.

Block context

500s Market St sits on the 500 block of Market St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 530 Market St  ·  501-35 Market St

Where this comes from

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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)