Mixed-use report

519 S 5th St

2 stories · 2,184 sqft · CMX3 · built 1910

Investor / LLC · assessed $583K · sold 2×. On the 500 block of S 5th St.

Street view of 519 S 5th 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 tax bill is temporary

Today's $5,875/yr reflects a 10-year abatement. It steps up every year and reaches about $8,162/yr in 2033 — $2,287/yr more. Price the full bill, not the current one.

Built 1910: 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

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.

Who's behind it

519 South Fifth LLC · corporate / LLC owner

• Tax bills mail to 164 Wynn Hollow Rd, Glenmoore PA, 19343 — outside Philadelphia

The investment read

How this building 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
$583K
built 1910
Price / sq ft
$267
block $267 · in line w/ block
Appreciation
+11%
+1%/yr, city 6.5%
In 5 years (~2031)
~$583K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$6K
1.01% effective, abated
Gross yield
5%
≈$2K/mo rent
Times sold
2

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

$0$500K$1.0M2017: 2 L&I violations 2017: L&I: 2 failed, 1 passed2018: Mechanical 2018: Major alteration 2018: Electrical 2018: Mechanical 2018: Mechanical 2018: Plumbing 2018: Electrical 2018: 7 L&I violations 2018: L&I: 2 failed, 1 passed 2018: Administrative$583K201620222027
This houseBlock median & rangeL&I violation

The paper trail

built new under a 2018 permit (tax-abated).

  1. 2017 2 L&I violationsL&IL&I: 2 failed, 1 passedL&I visit
  2. 2018 MechanicalPermitMajor alterationPermitElectricalPermitMechanicalPermitMechanicalPermitPlumbingPermitElectricalPermit7 L&I violationsL&IL&I: 2 failed, 1 passedL&I visitAdministrativePermit

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

The abatement clock

This house pays about $5,875/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$8,162/yr — a step up of $2,287/yr, 6 assessment years out. Drag the slider.

2016: ~$7,349/yr2017: ~$7,349/yr2018: ~$7,152/yr2019: ~$7,136/yr2020: ~$7,206/yr2021: ~$7,206/yr2022: ~$7,206/yr2023: ~$7,808/yr2024: ~$7,808/yr2025: ~$5,684/yr2026: ~$5,684/yr2027: ~$5,875/yr2028: ~$6,256/yr (projected)2029: ~$6,637/yr (projected)2030: ~$7,019/yr (projected)2031: ~$7,400/yr (projected)2032: ~$7,781/yr (projected)2033: ~$8,162/yr (projected)2034: ~$8,162/yr (projected)201620332034
2027~$5,875/yrfrom the record

now: ($583,100 assessed − $163,397 abated) × 1.3998% ≈ $5,875/yr 2033: $583,100 assessed × 1.3998% ≈ $8,162/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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
2,184 sqft
livable area
Lot
1,240 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
CMX3
city zoning code

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

Run the numbers

What owning 519 S 5th 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.

$583K
20%
6.875%
$2K/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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).

Block context

519 S 5th St sits on the 500 block of S 5th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 517 S 5th St  ·  509 S 5th St

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)