The Block Report

House report

503 Pine St

4 stories · 3,131 sqft · RM1 · built 1860

Owner-occupied · assessed $1.2M · sold 3×. On the 500 block of Pine St.

Property summary

Assessment$1.2MCity assessed value Last sale$1.2MRecorded 2022 Est. annual tax$17K/yearAssessment × 1.3998% Tax delinquency—Snapshot unavailable Permits1Dated events in report ViolationsNone openNone open when assembled

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Question or correct this record

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Street view of 503 Pine St
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagPost-purchase work pattern

A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.

Evidence: purchase recorded in 2022 · permit activity in 2022

Limit: This does not show that the property is listed or that a sale is planned.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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 1860: 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

$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
$1.2M
built 1860
Price / sq ft
$385
block $401 · in line w/ block
Appreciation
+34%
+3%/yr, city 6.5%
In 5 years (~2031)
~$1.2M
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$17K
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
2.1%
≈$2K/mo rent
Times sold
3
kept in the family

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

$0$1.0M$2.0MBefore this chart — 2002: Sold $650K 2013: Sold $900K2022: Sold $1.2M 2022: Alterations$1.2M201620222027
This houseBlock median & rangeSalePermit

The paper trail

Improved

Bought for $650K in 2002. Owner pulled a alterations permit in 2022.

  1. 2002 $650KSold
  2. 2013 $900KSold
  3. 2022 $1.2MSoldAlterationsPermit

Flags: long-held within one family. 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.

Stories
4
Interior
3,131 sqft
livable area
Lot
1,404 sqft
Basement
Partial
city code H
Heat
Hot water / radiators
city code B
Central air
No
Exterior condition
Above average
city code 3
Interior condition
Average
city code 4
Quality grade
B-
assessor's grade
Zoning
RM1
city zoning code

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

Run the numbers

What owning 503 Pine 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.

$1.2M
20%
6.875%
$2K/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

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

See the whole block →

Next door: 501 Pine St  ·  505 Pine 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)