Public Records
Edition
Philadelphia500 block of S Pleasant PlJuly 9, 2026

House report

504 S Pleasant Pl

2 stories · 1,294 sqft · RM1 · built 1950

Investor / LLC · assessed $272K. On the 500 block of S Pleasant Pl.

Street view of 504 S Pleasant Pl
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 $0/yr reflects a 10-year abatement. It jumps to about $3,809/yr by 2026 — $3,809/yr more. Price the full bill, not the current one.

Built 1950: 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’re the landlord

Lead certificate is not optional

Built 1950: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

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.

Who's behind it

Food For All INC · corporate / LLC owner

• Owns 9 properties across Philadelphia under this name, assessed at $1.7M combined
• Holds an active rental license for this address

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
$272K
built 1950
Price / sq ft
$210
block $182 · above block
Appreciation
+99%
+6%/yr, city 6.5%
In 5 years (~2031)
~$273K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
Gross yield
Times sold
0
licensed rental

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

$0$250K$500K2024: L&I violation$272K201620222027
This houseBlock median & rangeL&I violation
The paper trail

built new (tax-abated).

  1. 2024 L&I violationL&I

Flags: tax-abated — the bill lags real value · active rental license. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $0/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$3,809/yr — a step up of $3,809/yr. Drag the slider.

2016: ~$0/yr2017: ~$0/yr2018: ~$0/yr2019: ~$0/yr2020: ~$0/yr2021: ~$0/yr2022: ~$0/yr2023: ~$0/yr2024: ~$0/yr2025: ~$0/yr2026: ~$0/yr2027: ~$0/yr201620262027
2027~$0/yrfrom the record

now: ($272,100 assessed − $272,100 abated) × 1.3998% ≈ $0/yr 2026: $272,100 assessed × 1.3998% ≈ $3,809/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
2
Interior
1,294 sqft
livable area
Lot
1,372 sqft
Basement
Partial
city code H
Heat
Hot water / radiators
city code B
Central air
No
Garage
2 spaces
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C+
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 504 S Pleasant Pl 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.

$272K
20%
6.875%
$2K/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: 502 S Pleasant Pl  ·  506 S Pleasant Pl

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)