House report

502 W Allens Ln

7 bd · 4 ba · 3 stories · 9,608 sqft · RSD1 · built 1914

Owner-occupied · assessed $1.9M. On the 500 block of W Allens Ln.

Street view of 502 W Allens Ln
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

Built 1914: 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.

Zoned RSD1: one household by right

Single-family detached, large lot. Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you own it

$1,399/yr may be unclaimed

This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.

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
$1.9M
built 1914
Price / sq ft
$198
block $253 · below block
Appreciation
+89%
+6%/yr, city 6.5%
In 5 years (~2031)
~$1.9M
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$27K
1.4% effective
Gross yield
0.9%
≈$1K/mo rent
Times sold
0

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

$0$1.0M$2.0M2020: Tank Install/Removal2022: Alterations2023: Solar Panels and Structure 2023: Addition and/or Alteration2024: Addition and/or Alteration2025: Alterations$1.9M201620222027
This houseBlock median & rangePermit

The paper trail

Owner pulled a alterations permit in 2025.

  1. 2020 Tank Install/RemovalPermit
  2. 2022 AlterationsPermit
  3. 2023 Solar Panels and StructurePermitAddition and/or AlterationPermit
  4. 2024 Addition and/or AlterationPermit
  5. 2025 AlterationsPermit

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.

Bedrooms
7
Bathrooms
4
Stories
3
Interior
9,608 sqft
livable area
Lot
101,528 sqft
Basement
Partial
city code H
Heat
Hot water / radiators
city code B
Central air
Yes
Garage
3 spaces
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
A+
assessor's grade
Zoning
RSD1
city zoning code

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

Run the numbers

What owning 502 W Allens Ln 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.

$1.9M
20%
6.875%
$1K/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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.

Block context

502 W Allens Ln sits on the 500 block of W Allens Ln. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 504 W Allens Ln  ·  508 W Allens Ln

Where this comes from

Methodology & freshness

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — 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)