2026 assessment
$5.3M
OPA value, not a listing price
House report
500-06 Walnut St
3 bd3 ba1 story4,300 sqftCMX4built 2017
Property at a glanceHouse
Entity-held
ZIP 19106 area
Old City · Society Hill
500 block of Walnut St
Assessment and City record timeline
Published City assessments for this house against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.
- OPA assessment · 2019$6.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$6.4M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$6.4M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$6.4M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$6.7M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$6.7M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$5.3M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$5.3M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$5.8M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Permit · 2019-04-12Major alterationA broad legacy permit work category for a substantial building alteration. It can include changed layouts, partitions, fixtures, finishes, structural work, or occupancy-related work, but only the approved scope and plans say what this permit actually authorized; separate trade permits may be required.What Philadelphia building permits can cover ↗
- Permit · 2019-08-02MechanicalThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-08-02PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-09-09ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-09-11SuppressionThis permit category usually covers fire-suppression systems or related life-safety work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-11-12MechanicalThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
Property assessmentBlock median & rangeZIP 19106 (Old City · Society Hill) medianAssessmentPermit
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
Every dated record6 events · exact dates, newest first
- PermitMechanical
- PermitSuppression
- PermitElectrical
- PermitMechanical
- PermitPlumbing
- PermitMajor alteration
Flags: material assessment exemption; legal basis and term unverified. Informational only. Not investment advice or a consumer report (FCRA).
Verify the public record
Property tax
$5,934/year estimated property tax
2026 taxable assessment $423,900 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.
OPA has published a 2027 assessment of $5,800,000. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8885012502026 OPA taxes $423,900 of $5,300,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →Historical delinquency sources No current conclusion
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
The assessment exemption gap
OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.
$423,900 taxable basis
Difference to verify+$68,255/year
$5,300,000 scenario basis
The assessment roll does not identify
- Legal basis or program
- Approval or expiration date
- Treatment after a sale
- Current Tax Center balance
Show the assessment math
2026: ($5,300,000 assessed − $4,876,100 exempt) × 1.3998% ≈ $5,934/year
Full-assessment scenario: $5,300,000 × 1.3998% ≈ $74,189/year
Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.
The property, on paper
OPA physical field record.
Bedrooms
3
Bathrooms
3
Stories
1
Interior
4,300 sqft
livable area
Lot
1 sqft
Central air
Yes
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
B+
assessor's grade
ABCDE
Zoning
CMX4
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Recorded owner
Who's behind it
500 Walnut Sdj Associates LLC · corporate / LLC owner
• Tax bills mail to 500-06 Walnut St Unit 1600, Philadelphia PA, 19106
Block context
500 block of Walnut St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 500-06 Walnut St · 500-06 Walnut St
L&I license dates · data through Jul 24, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
No L&I business license is on record at this address in data through Jul 24, 2026.
A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.
Open every source row 6 dated rows
- PermitMechanical
Permit 1017016 · COMPLETED
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.
- PermitSuppression
Permit 1009803 · COMPLETED
RELOCATE 40 EXISTING SPRINKLER HEADS
- PermitElectrical
Permit 1004635 · COMPLETED
WIRE RECEPTACLES AND LIGHTING FOR 4400 S.F. CONDOMINIUM INCLUDING KITCHEN AND BATHROOMS WIRE 4 HVAC UNITS AS PER 2008 NEC (CC DIST)
- PermitMechanical
Permit 985714 · COMPLETED
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.
- PermitPlumbing
Permit 985717 · COMPLETED
FIT OUT FOR UNIT 1600, FIXTURES AND ABOVE FLOOR PIPE ONLY 3 VENTS.
- PermitMajor alteration
Permit 960871 · COMPLETED
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 **
Where this comes from
- Assessment, spec sheet & owner: OPA Property Assessments, Office of Property Assessment
- Sales & deed history: Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections: L&I Property History · Atlas
- Tax delinquency snapshot · June 2022: Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016: Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance: Verify with Philadelphia Revenue
- Zoning appeals: L&I & Zoning Board appeals
- Neighborhood income & rents: US Census ACS 5-year estimates
- Historical mortgage rates: Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery: Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 24, 2026, 9:25 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)