{"asOf":"2026-07-10T16:30:02.236Z","block":"500-599 WALNUT ST","blockUrl":"https://blockreport.homes/block/500-599-walnut-st","address":"500-06 WALNUT ST","parcelNumber":"888501250","source":"https://property.phila.gov/?p=888501250","ownerType":"investor","kind":"house","isHouse":true,"residential":true,"taxExempt":false,"institutional":false,"buildingClass":"RES CONDO 5+ STY MASONRY","useLabel":"House","owner":"500 WALNUT SDJ ASSOCIATES LLC","coOwner":null,"marketValue":5800000,"livableArea":4300,"yearBuilt":2017,"lastSale":{"price":5000000,"date":"2023-04-28T04:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[],"taxOwed":0,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":false},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.947159062798555,"lng":-75.14984365148443,"geom":null,"liDistrict":"CENTRAL EAST","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19106","beds":3,"baths":3,"stories":1,"lotArea":1,"zoning":"CMX4","grade":"B+","basement":null,"heater":null,"centralAir":true,"extCond":"3","intCond":"3","garage":null,"homestead":false,"mail":"500-06 WALNUT ST UNIT 1600, PHILADELPHIA PA, 19106","mailOut":false,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":0,"abated":true,"assessmentExemption":true,"exemptionBasisVerified":false,"valueSeries":[{"y":2019,"v":6200000,"taxable":496000},{"y":2020,"v":6448000,"taxable":515800},{"y":2021,"v":6448000,"taxable":515800},{"y":2022,"v":6448000,"taxable":515800},{"y":2023,"v":6705900,"taxable":536400},{"y":2024,"v":6705900,"taxable":536400},{"y":2025,"v":5300000,"taxable":423900},{"y":2026,"v":5300000,"taxable":423900},{"y":2027,"v":5800000,"taxable":464000}],"taxNow":5934,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"960871","date":"2019-04-12","work":"Major alteration","type":"BP_ALTER","description":"ALTERATION PERMIT","status":"COMPLETED","completedDate":"2020-01-27","scope":"LEVEL II INTERIOR ALTERATIONS (NO CHANGE IN OCCUPANCY) IN UNIT#1600 OF AN EXISTING STRUCTURE AS PER APPROVED PLANS.**SEPARATE PERMITS REQUIRED FOR ANY MEP OR FIRE SUPPRESSION WORK **"},{"number":"985714","date":"2019-08-02","work":"Mechanical","type":"BP_MECH","description":"MECHANICAL PERMIT","status":"COMPLETED","completedDate":"2020-01-27","scope":"FOR INSTALLATION OF A NEW HVAC SYSTEM INCLUDING ONE (1) 3 TON AND ONE (1) 4 TON DUCT SYSTEM WITH REGISTERS, GRILLS AND ASSOCIATED DUCT WORK AS PER PLANS."},{"number":"985717","date":"2019-08-02","work":"Plumbing","type":"PP_PLUMBNG","description":"PLUMBING PERMIT","status":"COMPLETED","completedDate":"2020-01-27","scope":"FIT OUT FOR UNIT 1600, FIXTURES AND ABOVE FLOOR PIPE ONLY 3 VENTS."},{"number":"1004635","date":"2019-09-09","work":"Electrical","type":"EP_ELECTRL","description":"ELECTRICAL PERMIT","status":"COMPLETED","completedDate":"2020-01-27","scope":"WIRE RECEPTACLES AND LIGHTING FOR 4400 S.F. CONDOMINIUM INCLUDING KITCHEN AND BATHROOMS WIRE 4 HVAC UNITS AS PER 2008 NEC (CC DIST)"},{"number":"1009803","date":"2019-09-11","work":"Suppression","type":"BP_FIRESUP","description":"SUPPRESSION PERMIT","status":"COMPLETED","completedDate":"2020-01-27","scope":"RELOCATE 40 EXISTING SPRINKLER HEADS"},{"number":"1017016","date":"2019-11-12","work":"Mechanical","type":"BP_MECH","description":"MECHANICAL PERMIT","status":"COMPLETED","completedDate":"2020-01-27","scope":"FOR THE INSTALLATION OF ONE (1) VENTED GAS FIREPLACE HEATER (MONTIGO P52 W/MONTIGO LDVPV58 VENT SYSTEM) CONNECTING TO THE PREVIOUSLY APPROVED HVAC SYSTEM (SEE AP#985714 FOR UNIT AND AP#645025 FOR ENTIRE BUILDING) FOR UNIT #1600 WITHIN A HIGH-RISE RESIDENTIAL STRUCTURE, AS PER PLANS AND MANUFACTURER'S SPECIFICATIONS; NO OTHER WORK ON THIS PERMIT."}],"storyTag":"Improved","storyDelta":null,"timeline":[{"y":2019,"k":"permit","w":"Major alteration"},{"y":2019,"k":"permit","w":"Mechanical"},{"y":2019,"k":"permit","w":"Plumbing"},{"y":2019,"k":"permit","w":"Electrical"},{"y":2019,"k":"permit","w":"Suppression"},{"y":2019,"k":"permit","w":"Mechanical"}],"rented":false,"licenses":[],"signals":[],"legalChecks":[{"id":"abatement","level":"verify","title":"A reduced taxable assessment is not a verified abatement","finding":"OPA’s numeric assessment fields show a reduced taxable assessment; BlockReport has no official program determination for this parcel.","why":"The numeric treatment can reflect an improvement abatement or another exemption. It does not identify the ordinance, approval, start or end date, or continuation requirements after a transfer. Once OPA verifies a specific active abatement, many common programs attach the benefit to the property for the remaining term rather than ending automatically at sale, but some require a new-owner filing and continued qualifying use or tax compliance.","action":"Obtain the OPA exemption/abatement determination and history, then underwrite the buyer’s bill from the verified program terms.","url":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/get-a-property-tax-abatement/"}],"closingChecks":[{"title":"Property Sales Certification","body":"The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.","action":"Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.","url":"https://www.phila.gov/services/permits-violations-licenses/get-a-certificate/get-a-property-sales-certification/"},{"title":"Date-effective City Property Payoff","body":"The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.","action":"Request the City statement effective through settlement; read every period and invoice.","url":"https://www.phila.gov/guides/philadelphia-tax-center/what-to-do/"},{"title":"Professional title and water-lien searches","body":"OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.","action":"Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.","url":"https://www.phila.gov/2026-04-07-why-title-insurance-is-your-best-friend-when-buying-a-home-in-philadelphia/","secondaryUrl":"https://www.phila.gov/services/water-gas-utilities/pay-or-dispute-a-water-bill/resolve-water-liens-judgments/"},{"title":"Seller-specific tax relief is not the buyer’s bill","body":"LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.","action":"Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.","url":"https://www.phila.gov/services/payments-assistance-taxes/payment-plans-and-assistance-programs/income-based-programs-for-residents/apply-for-the-longtime-owner-occupants-program-loop/","secondaryUrl":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/tax-freeze/"},{"title":"Seller disclosure and independent inspections","body":"For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections.","action":"Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.","url":"https://www.pa.gov/agencies/dos/department-and-offices/bpoa/boards-commissions/real-estate-commission"}]}