Philadelphia property report

2400 block of Waterloo St

A mostly owner-occupied block: 80% of homes are lived in by their owners, with 4 open code violations and 4 parcels listed in the June 2022 tax-delinquency snapshot ($2,519 recorded then).

The typical home here is up 276% since 2016, now about $157K. Property taxes are climbing about 7% a year and the increases are speeding up.

Every parcel on the block, colored by who owns it. Tap a parcel for the owner and its city record.
The readRecord analysis · from the figures below

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By the Numbers

Median home value
$157K
10 homes of 25 parcels
ZIP median $106K
Price / sq ft
$171
typical home
city median $181
Vs. Philadelphia
0.7×
the city median
city $230K
Recent sale
$40K
1 sold in 2yr
assessed $157K
Tax / yr
$1K
typical · up to $3K
city ≈$3K/yr
Major assessment exemptions
2 of 10
$14K/yr estimated reduction
Owner-occupied
80%
8 of 10
city 48%
Rentals
4%
1 licensed
city 15% of homes
Open violations
4
L&I code
▼ block 4% · city 5%
Tax delinquency · Jun 2022
$3K
4 of 25 listed
▲ block 16% · city 9%
Zoning appeals
1
1 home · ZBA & boards
block 10% · city 5%

How fast it's moving

1 year
+5%
value · tax +$100
5 years
+172%
value · tax +$828
10 years
+276%
value · tax +$538

Assessed-value change for the typical home. Philadelphia taxes a flat 1.3998% of value, so the bill moves with it.

The makeup of the block

Every home, plotted by size and assessed value — press play and watch the block reprice from 2016 to 2027. One bubble per house (area = lot size), colored by who owns it; a gold ring marks a material assessment exemption whose legal basis is not established by the roll. Click a bubble for its report.

2027
  • Owner-occupied
  • Investor / LLC
  • Absentee
  • Vacant
  • Assessment exemption
  • Bubble = lot size
  • → bigger interior  ·  ↑ higher value

Assessed values from the city's year-by-year assessment record — a proxy for price, lumpy in reassessment years.

How the block compares

The typical home here is $157K — about 0.7× the citywide median home, and above the ZIP 19133 median of $106K. The same block, read against everyone else in the ZIP 19133 and across Philadelphia.

This blockZIP 19133Philadelphia
Median home value$157K$106K$230K
Owner-occupied50%31%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 123 reported crimes (about 10 a month, 21% of them violent) and 222 resident 311 requests to the city. A busy commercial corridor logs far more than a quiet residential block, so read this against nearby blocks, not the citywide total.

Crimes · 12mo
123
about 10/month · 21% violent
311 requests · 12mo
222
about 19/month · 27 open

Most reported crimes

Motor Vehicle Theft18
Theft from Vehicle18
Other Assaults17
All Other Offenses16
Thefts14
Vandalism/Criminal Mischief11

Top 311 complaints

Maintenance Complaint46
Rubbish/Recyclable Material Collection45
Illegal Dumping31
Abandoned Vehicle18
Salting14
Shoveling9

Philadelphia Police incident reports and 311 service requests within 200m, trailing 12 months. Reported location, not necessarily where an incident occurred.

Schools

The public schools this block is zoned for — its official School District of Philadelphia catchments.

Elementary & Middle · K-8
William H Hunter
2400 N Front St · 357 students
High
Kensington Campus

Catchment assignments from the School District of Philadelphia via City of Philadelphia open data. Confirm with the District before enrollment decisions.

What it's worth, and where taxes are going

Median assessed value · 2016–2027

$0$100K$200K$157K2016: $42K2017: $42K2018: $42K2019: $71K2020: $56K2021: $56K2022: $58K2023: $114K2024: $114K2025: $150K2026: $150K2027: $157K2016202020232027

▲ +276% since 2016

Estimated property tax · per home, per year

$0$1,000$2,000$1,0112016: $4732017: $4732018: $4732019: $4612020: $1792021: $1792022: $1832023: $4892024: $4892025: $9112026: $9112027: $1,0112016202020232027

▲ +114% since 2016 · ~+7%/yr

2
2 properties on this block show a material assessment exemption. At the current rate, the difference between full and taxable assessments reduces the block's annual estimate by about $13,564. OPA's numeric split does not establish whether any row is Homestead, an abatement, another program, or when treatment changes.

Who really pays

Philadelphia's 1.3998% rate applies to the taxable assessment. The OPA roll shows exemptions that can make an estimate lower than the full assessed-value scenario; this chart does not identify their legal basis.

4 homes pay the full 1.40%6 pay less
$1,429pays now $7,147at the full rate

One large gap: 2430 Waterloo St has a $1,429/year assessment-based estimate on $511K assessed value — about 20% of the $7,147 full-assessment scenario. Verify the exemption basis and live account before relying on either number.

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +12.8% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510050020162019202220252027This block 376 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $376 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+12.8%/yr
price, since 2016
Total appreciation
+276%
since 2016
Net rental yield
5.3%
est., after tax carry
Total return
+18.1%/yr
price + net rent
Real return
+15.1%/yr
after ~3% inflation
vs. Philadelphia
+6.3 pts
market 6.5%/yr

Return is from assessed-value history (a proxy for market price, lumpy in reassessment years); rental yield is estimated from ACS area rents. Informational only, not investment advice.

How often it changes hands

This block has recorded 18 arm's-length sales since 2002. The typical home has sold 2 times in that window, while 2 have not changed hands at all.

Every recorded sale · price & date

$0$250K$500K20082012201620202024
18arm's-length sales since 2002
2times the typical home has sold
3most sales for a single property
2homes never sold in the window

Who owns it

Ownership of 25 parcels

Owner-occupied: 8Absentee individual: 2Vacant: 15 25parcels
  • Owner-occupied 8
  • Absentee individual 2
  • Vacant 15

Value distribution today

11 parcels4 parcels2 parcels0 parcels0 parcels1 parcels7 parcels
$36K$164K+

The block's largest owner, Phila Housing Authority, carries 29 open violations across 92 properties it owns around the city.

OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Phila Housing Authority (city agency)292$48M12 S 23rd St, Philadelphia PA, 19103phila.gov ↗
New Kingdom Baptist (religious org)38$389K2442 Waterloo St, Philadelphia PA, 19133phila.gov ↗
2429 N Mascher LLC13$475K1549 S Lambert St, Philadelphia PA, 19146phila.gov ↗ · registry ↗
V2 Properties Entity 1 LLC11$56K144 Buckwalter Rd, Royersford PA, 19468phila.gov ↗ · registry ↗

The mailing address is where the assessor sends the tax bill — for an LLC, often the closest public record gets to the person behind it. "Registry" searches the owner's name in state incorporation records (OpenCorporates).

House by house

All 25 homes on the block — value trajectory, ownership, and the paper trail assembled from the fetched public datasets. Sorted up the street; each links to its property report and official sources — or download the roster (CSV).

Every house's assessed value, 2016–2027 — each line is one home

$0$500K$1.0M201620182020202220242026Block median
Each houseNew build / flipBlock median

Worth a look

AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
2401 WATERLOO ST Vacant lot Traded 3×: $500 in 2000 → $225K in 2020 (+44900%). Vacant $60K —/— 3
2403 WATERLOO ST Bought for $400 in 2002. Owner pulled a plumbing permit in 2016. Owner-occupied $140K —/— 624 1920 3
2405 WATERLOO ST 2 L&I violations (2008); 3 L&I violations (2018); sold $10K (2018). Absentee individual $147K —/— 754 1920 1 lien in pre-2017 ledger
2406 WATERLOO ST Vacant lot Bought for $300 in 2004. Owner pulled a zoning/use permit in 2016. Vacant $51K —/— 1
2407 WATERLOO ST Vacant lot built new under a 2020 permit. Vacant $56K —/— 0
2409 WATERLOO ST Vacant lot 2 L&I violations (2008); 2 L&I violations (2011); sold $2K (2012). Vacant $51K —/— 1
2411 WATERLOO ST Owner-occupied $156K 3/1 900 1920 0
2413 WATERLOO ST Traded 2×: $37K in 2007 → $127K in 2024 (+243%). Absentee individual $221K —/— 1,350 1920 2
2414 WATERLOO ST Vacant lot Vacant $40K —/— 0
2415 WATERLOO ST Owner-occupied $86K 2/1 634 1920 0 assessment exemption · basis unverified
2417 WATERLOO ST Traded 2×: $40K in 2026 → $40K in 2026 (+0%). Owner-occupied $85K 2/1 626 1920 2
2418 WATERLOO ST Vacant lot sold $4K (2008); 2 L&I violations (2008). Vacant $40K —/— 1
2426 WATERLOO ST Vacant lot built new, sold for $30K in 2024. Vacant $56K —/— 1
2428 WATERLOO ST Vacant lot 2 L&I violations (2018); L&I violation (2026); L&I: 1 failed, 1 passed (2026). Vacant $55K —/— 0
2430 WATERLOO ST Vacant lot Bought for $60K in 2020, built new under a 2020 permit (reduced taxable assessment shown), sold for $475K in 2023. Owner-occupied $604K 4/4 2,084 2021 3 licensed rentalassessment exemption · basis unverified
2432 WATERLOO ST Bought for $5K in 2018, major alteration permit in 2018, sold for $5K in 2018 (+79%). Owner-occupied $164K 3/1 930 1920 3 4 viol
2434 WATERLOO ST Vacant lot Bought for $5K in 2017. Owner pulled a alteration permit in 2019. Vacant $47K —/— 1 lien in pre-2017 ledger
2436 WATERLOO ST Traded 3×: $1K in 2006 → $50K in 2017 (+4900%). Owner-occupied $158K 3/1 930 1920 3 $540 tax · Jun ’22
2438 WATERLOO ST Bought for $48K in 2014. Owner pulled a addition and/or alteration permit in 2024. Owner-occupied $159K 3/1 930 1920 1
2440 WATERLOO ST Vacant lot Inspection passed (2006); sold $19K (2017); L&I violation (2021); Inspection failed (2021); L&I: 2 failed, 1 passed (2022). Vacant $36K —/— 1
2442 WATERLOO ST Vacant lot Vacant $36K —/— 0 $1K tax · Jun ’22
2444 WATERLOO ST Vacant lot Vacant $36K —/— 0 $455 tax · Jun ’22
2446 WATERLOO ST Vacant lot Vacant $36K —/— 0 $498 tax · Jun ’22
2447 WATERLOO ST Vacant lot Owner pulled a zoning permit in 2007. Vacant $53K —/— 0
2449 WATERLOO ST Vacant lot Owner pulled a zoning permit in 2007. Vacant $53K —/— 0

Neighborhood

Median income
$42K
household
Own vs. rent
52%
owner-occupied
Median age
31.2
residents
Median rent
$769
gross monthly

Generated 2026-07-10 from public City of Philadelphia records  ·  Download this block's data (CSV)

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 2:59 AM 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. “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.