Public Records
Edition
Philadelphia500 block of Carpenter StJuly 9, 2026

House report

516 Carpenter St

3 stories · 1,791 sqft · RSA5 · built 2011

Investor / LLC · assessed $671K · sold 3×. On the 500 block of Carpenter St.

Street view of 516 Carpenter 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

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). 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’re the landlord

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

Carm Realty LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.4M 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
$671K
built 2011
Price / sq ft
$375
block $308 · above block
Appreciation
+36%
+3%/yr, city 6.5%
In 5 years (~2031)
~$672K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$9K
1.4% effective
Gross yield
Times sold
3
licensed rental

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

$0$500K$1.0MBefore this chart — 2010: Appeal granted 2010: Zoning/use 2010: Land $80K 2010: Demolition 2011: Demolished 2011: Mechanical 2011: Plumbing 2011: Plumbing 2011: Suppression 2011: Electrical 2011: New construction 2011: Land $21K$671K201620222027
This houseBlock median & rangePermit
The paper trail

Old house bought for $80K in 2010, demolished in 2011 and rebuilt (2010).

  1. 2010 Appeal grantedZoningZoning/usePermit$80KLand buyDemolitionPermit
  2. 2011 DemolishedTeardownMechanicalPermitPlumbingPermitPlumbingPermitSuppressionPermitElectricalPermitNew constructionPermit$21KLand buy

Flags: active rental license · 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.

Stories
3
Interior
1,791 sqft
livable area
Lot
1,240 sqft
Basement
Full
city code D
Central air
Yes
Garage
1 space
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
granted 2010

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

Run the numbers

What owning 516 Carpenter 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.

$671K
20%
6.875%
$5K/mo

When this house last sold (2011) a 30-year mortgage ran about 4.45% — 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.

Next door: 516 1/2 Carpenter St  ·  514 Carpenter 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)