Public Records
Edition
Philadelphia5300 block of Market StRecords pulled July 9, 2026

House report

5318-28 Market St

2 stories · 8,040 sqft · RM1 · built 2019

Owner-occupied · assessed $148K · sold 1×. On the 5300 block of Market St.

Street view of 5318-28 Market 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

The tax bill is temporary

Today's $517/yr reflects a 10-year abatement. It jumps to about $2,066/yr in 2029 — $1,549/yr more. Price the full bill, not the current one.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2029 it can — knocking about $1,400/yr off the full bill.

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.

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
$148K
built 2019
Price / sq ft
$18
block $76 · below block
Appreciation
+147%
+9%/yr, city 6.5%
In 5 years (~2031)
~$148K
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$517
0.35% effective, abated
Gross yield
Times sold
1
kept in the family

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

$0$125K$250KBefore this chart — 2010: 2 L&I violations 2014: Appeal granted2016: Land $659K2017: 2 L&I violations 2017: Plumbing 2017: Plumbing2018: Electrical 2018: Electrical 2018: Electrical 2018: Mechanical 2018: Mechanical 2018: Mechanical$148K201620222027
This houseBlock median & rangeLand buyL&I violationPermit
The paper trail

Bought for $659K in 2016, built new under a 2017 permit (tax-abated).

  1. 2010 2 L&I violationsL&I
  2. 2014 Appeal grantedZoning
  3. 2016 $659KLand buy
  4. 2017 2 L&I violationsL&IPlumbingPermitPlumbingPermit
  5. 2018 ElectricalPermitElectricalPermitElectricalPermitMechanicalPermitMechanicalPermitMechanicalPermit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $517/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$2,066/yr — a step up of $1,549/yr, 2 assessment years out. Drag the slider.

2016: ~$837/yr2017: ~$837/yr2018: ~$1,335/yr2019: ~$496/yr2020: ~$496/yr2021: ~$496/yr2022: ~$496/yr2023: ~$496/yr2024: ~$496/yr2025: ~$517/yr2026: ~$517/yr2027: ~$517/yr2028: ~$517/yr (projected)2029: ~$2,066/yr (projected)2030: ~$2,066/yr (projected)201620292030
2027~$517/yrfrom the record

now: ($147,600 assessed − $110,666 abated) × 1.3998% ≈ $517/yr 2029: $147,600 assessed × 1.3998% ≈ $2,066/yr Flat 100% exemption (pre-2022 program, started 2019), 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
8,040 sqft
livable area
Lot
9,020 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
granted 2014

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

Run the numbers

What owning 5318-28 Market 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.

$148K
20%
6.875%
$1K/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).

Next door: 5316 Market St  ·  5314 Market St

Where this comes from

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; the masthead date is when this page's records were last pulled. 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)