Land report

502 Wood St

Property at a glanceVacant lot

Wood St Assoc LP

2026 assessment
$4.0M OPA value, not a listing price
2027 published assessment
$4.0M Future roll, not the current tax bill
Neighborhood area
Old City · Society Hill Approximate · based on ZIP 19106
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $4,022,500. It is not yet the billed-year tax basis.

$0$2.5M$5.0M$4.0M20202022202420262027
Property assessmentAssessmentDeed / salePermit

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.

Highlight
Every dated record11 events · exact dates, newest first
  1. PermitNew Construction
  2. PermitNew Construction
  3. PermitNew Construction or Additions
  4. PermitNew Construction or Additions
  5. PermitExcavation
  6. PermitNew Construction
  7. PermitNew construction, addition, GFA change
  8. Deed / saleDeed / sale $4.3M
  9. PermitNew Construction
  10. PermitNew Construction
  11. PermitNew construction, addition, GFA change

Verify the public record

$55,387/year estimated property tax

2026 taxable assessment $3,956,800 × 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 $4,022,500. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 881000393
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

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.”

Land report

Vacant land

Vacant land. Deeds, ownership, zoning, and the public-source record follow.

What it is
Vacant lot Non Pd Pkg Lot Commercial
Owner
Wood St Assoc LP
Lot size
11,493 sqft
Zoning
CMX3

Block context

500 block of Wood St. Compare parcels, ownership, and public-record history.

See the whole block →

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 11 dated rows
  1. PermitNew Construction

    Permit FP-2026-001427 · Issued

    FOR THE INSTALLATION OF FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE SIX (6) INCH MAIN FIRE SERVICE LINE WITH A SIX (6) INCH WILKINS 350 BACK FLOW PREVENTER ASSEMBLY, PEERLESS FIRE-PUMP AND TWO (2) STANDPIPES INTERCONNECTED IN EXIT STAIRWAYS IN ACCORDANCE WITH NFPA 14. AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK.

  2. PermitNew Construction

    Permit EP-2026-002804 · Issued

    Scope of Work: Provide all labor, materials, equipment, and supervision necessary to supply and install the complete electrical system in accordance with the Owner’s Scope of Work dated Wednesday, December 3, 2025, the referenced construction documents, the National Electrical Code, and all applicable local codes and authorities having jurisdiction. Included Scope: • PECO temporary service application and associated fees • Temporary power outlets on all floors • Temporary lighting in stairwells and hallways to maintain a safe, well-lit site • Complete PECO vault room scope including coring, grounding, lighting, receptacles per PECO specs, cable ladder, secondary wiring from transformers to main service and house service • Supply and installation of breakers and panelboards for all apartment units • Electrical services from the main electrical room to individual apartments • Exit and emergency lighting, including 5” LED surface fixtures in apartment hallways and stairwells (excluding basement and garage areas) • Complete fire alarm wiring and system installation per approved drawings • RG6 cabling from apartment units to telecommunications closet on same floor • Electrical permit acquisition and electrical inspection fees Exclusions • Decorative lighting fixtures of any type • Basement and garage normal and emergency lighting • (2) 1200A main disconnects and metering for the 74 apartment units • House CT cabinet, house main panel, and breakers for house panels • Media boxes within dwelling units • Micro-duct conduit and wiring to dwelling units • Cable company primary infrastructure and terminations ALL WORK IS TO BE DONE ACCORDING TO APPROVED DRAWINGS-2017 NEC, 2016 NFPA-72, 2018 PHILA FIRE CODE.

  3. PermitNew Construction or Additions

    Permit PP-2026-004585 · Issued

    NEW CONSTRUCTION OF MULTI UNIT BUILDING. INTERIOR INSTALLATION OF DRAINAGE, WASTE, VENT, AND WATER SUPPLY FOR LISTED FIXTURES. VENTING TO BE DESIGNED AND INSTALLED IN ACCORDANCE WITH CHAPTER 7 BASE VENTING SYSTEM. ALL WORK TO BE INSTALLED IN STRICT COMPLIANCE WITH 2018 PPC AND APPROVED PLANS

  4. PermitNew Construction or Additions

    Permit PP-2026-004117 · Issued

    INSTALL SANITARY AND STORM CT, FAI, MD, 4" WDP & 4" BACKFLOW DEVICE.

  5. PermitExcavation

    Permit SP-2024-000105 · Issued

    Site / Utility Permit for CP-2023-004332

  6. PermitNew Construction

    Permit CP-2023-004332 · Issued

    NEW CONSTRUCTION OF A SIX (6) STORY STRUCTURE TO INCLUDE ROOF DECK AND PILOT HOUSES FOR USE AS SEVENTY-FOUR (74) DWELLING UNITS WITH ACCESSORY PARKING GARAGE AS PER APPROVED PLANS. BUILDING TO UTILIZE HORIZONTAL SEPARATIONS TO CREATE TWO (2) SEPARATE BUILDINGS WITH TWO (2) DIFFERENT CONSTRUCTION TYPES (BASEMENT & 1ST FLOOR - TYPE IA AND 2RD THROUGH 6TH FLOORS - TYPE IIIB). FIRE RETARDANT TREATED STUDS AND SHEATHING REQUIRED FOR TYPE III CONSTRUCTION. BUILDING TO BE FULLY SPRINKLERED PER NFPA 13 AND INCLUDE STANDPIPES PER NFPA 14. FIRE WATCH REQUIRED PER CODE BULLETIN F-2001. *2018 IBC* **SEPARATE PERMITS REQUIRED FOR MEP & FIRE SUPPRESSION WORK**

  7. PermitNew construction, addition, GFA change

    Permit ZP-2022-012971 · Issued

    FOR THE ERECTION OF AN ATTACHED STRUCTURE ( NTE 65' HIGH); ROOF DECK ACCESSED BY A PILOTHOUSE . FOR THE CREATION OF SIXTEEN(16) INTERIOR ACCESSORY PARKING SPACES INCLUDING WITH ONE(1) VAN ACCESSIBLE SPACE, TWO(2) RESERVOIR SPACES, ONE(1) AUTO-SHARE PARKING SPACE AND TWENTY-FIVE (25) 1A CLASS BICYCLE SPACES IN AN ACCESSIBLE ROUTE IN BIKE STORAGE ROOM. SIZE AND LOCATION AS SHOWN IN THE APPLICATION.

  8. Recorded transfer$4.3M transfer

    2022

  9. PermitNew Construction

    Permit CP-2021-007518 · Cancelled

    NEW CONSTRUCTION OF A SIX (6) STORY STRUCTURE TO INCLUDE GROUND FLOOR PARKING GARAGE AND FIFTY (50) DWELLING UNITS ABOVE AS PER APPROVED PLANS. BUILDING TO UTILIZE HORIZONTAL SEPARATIONS TO CREATE TWO (2) SEPARATE BUILDINGS WITH TWO (2) DIFFERENT CONSTRUCTION TYPES (1ST FLOOR - TYPE IA AND 2ND THROUGH 6TH FLOORS - TYPE IIIB). FIRE RETARDANT TREATED STUDS AND SHEATHING REQUIRED FOR TYPE III CONSTRUCTION. BUILDING TO BE FULLY SPRINKLERED PER NFPA 13 AND INCLUDE STANDPIPES PER NFPA 14. FIRE WATCH REQUIRED PER CODE BULLETIN F-2001. *2018 IBC* **SEPARATE PERMITS REQUIRED FOR MEP & FIRE SUPPRESSION WORK**

  10. PermitNew Construction

    Permit CP-2020-001604 · Cancelled

    NEW CONSTRUCTION OF A SIX (6) STORY STRUCTURE TO INCLUDE GROUND FLOOR PARKING GARAGE AND FIFTY (50) DWELLING UNITS ABOVE AS PER APPROVED PLANS. BUILDING TO UTILIZE HORIZONTAL SEPARATIONS TO CREATE TWO (2) SEPARATE BUILDINGS WITH TWO (2) DIFFERENT CONSTRUCTION TYPES (1ST FLOOR - TYPE IA AND 2ND THROUGH 6TH FLOORS - TYPE IIIB). FIRE RETARDANT TREATED STUDS AND SHEATHING REQUIRED FOR TYPE III CONSTRUCTION. BUILDING TO BE FULLY SPRINKLERED PER NFPA 13 AND INCLUDE STANDPIPES PER NFPA 14. FIRE WATCH REQUIRED PER CODE BULLETIN F-2001. *2018 IBC* **SEPARATE PERMITS REQUIRED FOR MEP & FIRE SUPPRESSION WORK**

  11. PermitNew construction, addition, GFA change

    Permit ZP-2020-001506 · Issued

    FOR THE ERECTION OF A DETACHED BUILDING (SIZE AND LOCATION AS SHOWN ON PLANS)

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 7:29 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.

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