Public Records
Edition
Philadelphia700 block of S 5th StRecords pulled July 9, 2026

House report

778 S 5th St

3 stories · 2,746 sqft · RM1 · built 1979

Owner-occupied · assessed $987K · sold 1×. On the 700 block of S 5th St.

Street view of 778 S 5th 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 $11,294/yr reflects a 10-year abatement. It jumps to about $13,813/yr in 2030 — $2,519/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2030 it can — knocking about $1,400/yr off the full bill.

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
$987K
built 1979
Price / sq ft
$359
block $355 · in line w/ block
Appreciation
+96%
+6%/yr, city 6.5%
In 5 years (~2031)
~$990K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$11K
1.14% effective, abated
Gross yield
2.6%
≈$2K/mo rent
Times sold
1
kept in the family

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

$0$1.0M$2.0M2018: Sold $629K 2018: Alteration 2018: Mechanical 2018: Electrical 2018: Plumbing$987K201620222027
This houseBlock median & rangeSale
The paper trail

built new under a 2018 permit (tax-abated), sold for $629K in 2018.

  1. 2018 $629KSoldAlterationPermitMechanicalPermitElectricalPermitPlumbingPermit

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

The abatement clock

This house pays about $11,294/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$13,813/yr — a step up of $2,519/yr, 3 assessment years out. Drag the slider.

2016: ~$6,622/yr2017: ~$6,622/yr2018: ~$6,622/yr2019: ~$8,539/yr2020: ~$9,099/yr2021: ~$9,099/yr2022: ~$9,099/yr2023: ~$10,954/yr2024: ~$10,954/yr2025: ~$12,143/yr2026: ~$12,143/yr2027: ~$11,294/yr2028: ~$11,294/yr (projected)2029: ~$11,294/yr (projected)2030: ~$13,813/yr (projected)2031: ~$13,813/yr (projected)201620302031
2027~$11,294/yrfrom the record

now: ($986,800 assessed − $179,970 abated) × 1.3998% ≈ $11,294/yr 2030: $986,800 assessed × 1.3998% ≈ $13,813/yr Flat 100% exemption (pre-2022 program, started 2020), 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
3
Interior
2,746 sqft
livable area
Lot
1,404 sqft
Central air
Yes
Garage
1 space
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 778 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.

$987K
20%
6.875%
$2K/mo
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: 776 S 5th St  ·  780 S 5th 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)