The Block Report

Philadelphia property report

3400 block of N Water St

A mostly owner-occupied block: 64% of homes are lived in by their owners, with 22 open code violations and 10 parcels listed in the June 2022 tax-delinquency snapshot ($47,458 recorded then).

The typical home here is up 119% since 2016, now about $91K. Property taxes are climbing about 7% a year.

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

BlockReport is reading this block's city record right now. Its take lands here in about a minute...

By the Numbers

Median home value
$91K
58 homes of 62 parcels
ZIP median $117K
Price / sq ft
$93
typical home
city median $181
Vs. Philadelphia
0.4×
the city median
city $230K
Recent sale
$58K
3 sold in 2yr
assessed $91K
Tax / yr
$1K
typical · up to $2K
city ≈$3K/yr
Major assessment exemptions
21 of 58
$26K/yr estimated reduction
Owner-occupied
64%
37 of 58
city 48%
Rentals
11%
7 licensed
city 15% of homes
Open violations
22
L&I code
▲ block 8% · city 5%
Tax delinquency · Jun 2022
$47K
10 of 62 listed
▲ block 16% · city 9%
Record caveats
1
of 62 parcels

How fast it's moving

1 year
+17%
value · tax +$189
5 years
+232%
value · tax +$892
10 years
+119%
value · tax +$695

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 $91K — about 0.4× the citywide median home, and below the ZIP 19134 median of $117K. The same block, read against everyone else in the ZIP 19134 and across Philadelphia.

This blockZIP 19134Philadelphia
Median home value$91K$117K$230K
Owner-occupied33%36%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 231 reported crimes (about 19 a month, 27% of them violent) and 294 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
231
about 19/month · 27% violent
311 requests · 12mo
294
about 25/month · 100 open

Most reported crimes

All Other Offenses92
Other Assaults38
Thefts21
Vandalism/Criminal Mischief13
Aggravated Assault No Firearm11
Narcotic / Drug Law Violations11

Top 311 complaints

Maintenance Complaint52
Street Defect36
Abandoned Vehicle35
Rubbish/Recyclable Material Collection35
Illegal Dumping19
Construction Complaints16

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 · K-5
William Cramp
3449 N Mascher St · 317 students
Middle · 5-8
Stetson
3200 B St · 511 students
High · 9-12
Thomas A Edison
151 W Luzerne St · 1022 students

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$50K$100K$91K2016: $42K2017: $42K2018: $42K2019: $36K2020: $28K2021: $28K2022: $28K2023: $69K2024: $69K2025: $78K2026: $78K2027: $91K2016202020232027

▲ +119% since 2016

Estimated property tax · per home, per year

$0$1,000$2,000$1,2772016: $5822017: $5822018: $5822019: $5042020: $3852021: $3852022: $3852023: $9642024: $9642025: $1,0882026: $1,0882027: $1,2772016202020232027

▲ +119% since 2016 · ~+7%/yr

21
21 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 $25,845. 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.

38 homes pay the full 1.40%22 pay less
$1,071pays now $1,599at the full rate

One large gap: 3468 N Water St has a $1,071/year assessment-based estimate on $114K assessed value — about 67% of the $1,599 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 +7.4% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

6610025020162019202220252027This block 219 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $219 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+7.4%/yr
price, since 2016
Total appreciation
+119%
since 2016
Net rental yield
13.2%
est., after tax carry
Total return
+20.6%/yr
price + net rent
Real return
+17.6%/yr
after ~3% inflation
vs. Philadelphia
+0.9 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 69 arm's-length sales since 1998. The typical home has sold 1 time in that window, while 21 have not changed hands at all.

Every recorded sale · price & date

$0$500K$1.0M19982004201020162022
69arm's-length sales since 1998
1times the typical home has sold
6most sales for a single property
21homes never sold in the window

Who owns it

Ownership of 62 parcels

Owner-occupied: 38Investor / LLC: 8Absentee individual: 14Vacant: 2 62parcels
  • Owner-occupied 38
  • Investor / LLC 8
  • Absentee individual 14
  • Vacant 2

Value distribution today

2 parcels0 parcels0 parcels1 parcels0 parcels53 parcels6 parcels
$16K$117K+

The block's largest owner, Philly Sfr I LLC, carries 2 open violations across 62 properties it owns around the city.

OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Philly Sfr I LLC162$5.2M1800 Jfk Blvd Ste 300 Pmb 92187, Philadelphia PA, 19103phila.gov ↗ · registry ↗
Brotman Holdings LLC135$3.4MPo Box 221, Southampton PA, 18966phila.gov ↗ · registry ↗
Brotman Properties LLC112$3.4MP O Box 221, Southampton PA, 18966phila.gov ↗ · registry ↗
Amanda Properties LLC16$756K503 Dogwood Lane, Conshohocken PA, 19428phila.gov ↗ · registry ↗
Hensil Real Estate LLC14$428K814 Chandler St, Philadelphia PA, 19111phila.gov ↗ · registry ↗
Kew Holdings Pa LLC13$284K16-05 Morlot Ave, Fair Lawn NJ, 07410phila.gov ↗ · registry ↗
Jesus M Medina (individual)33$199K—phila.gov ↗
Del Valle Roberto Jr (individual)23$308K—phila.gov ↗
Daryser LLC12$266K2530 N 2nd St 2nd FL, Philadelphia PA, 19133phila.gov ↗ · registry ↗
3401 L S INC11$181K4000 Lawndale St, Philadelphia PA, 19124phila.gov ↗ · registry ↗
3542 Water Street LLC11$91K3452 N Water St, Philadelphia PA, 19134phila.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 62 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$100K$200K201620182020202220242026Block median
Each houseNew build / flipBlock median

Worth a look

New construction
3468 N Water St
$129K · built new under a 2019 permit (reduced taxable assessment shown).
New construction
3407 N Water St
$91K · built new under a 2008 permit (reduced taxable assessment shown), sold for $55K in 2005.
New construction
3409 N Water St
$91K · built new (reduced taxable assessment shown), sold for $5K in 2000.
New construction
3416 N Water St
$91K · built new under a 2018 permit (reduced taxable assessment shown).
New construction
3419 N Water St
$91K · built new under a 2012 permit (reduced taxable assessment shown).
New construction
3421 N Water St
$91K · Bought for $45K in 2003, built new under a 2008 permit (reduced taxable assessment shown), sold for $60K in 20
AddressOwnershipValue & trendBd/BaSq ftBuiltSalesFlags
3401 N WATER ST Mixed-use ImprovedBought for $20K in 2003. Owner pulled a lawful occupancy (lo) only permit in 2019. Investor / LLC $181K —/— 1,968 1935 3
3403 N WATER ST TradedTraded 2×: $16K in 2014 → $85K in 2024 (+431%). Owner-occupied $91K 2/1 980 1945 2
3405 N WATER ST Owner-occupied $91K 3/1 980 1945 0
3407 N WATER ST New constructionbuilt new under a 2008 permit (reduced taxable assessment shown), sold for $55K in 2005. Owner-occupied $91K 3/1 980 1945 1 assessment exemption · basis unverified
3408 N WATER ST TradedTraded 2×: $9K in 2008 → $60K in 2010 (+576%). Owner-occupied $117K 3/1 980 1945 2
3409 N WATER ST New constructionbuilt new (reduced taxable assessment shown), sold for $5K in 2000. Owner-occupied $91K 3/1 980 1945 1 assessment exemption · basis unverifiedlien in pre-2017 ledger
3410 N WATER ST Investor / LLC $91K 3/1 980 1945 1
3411 N WATER ST Frequently tradedTraded 3×: $53K in 2010 → $18K in 2017 (-66%). Absentee individual $91K 3/1 980 1945 3
3412 N WATER ST Owner-occupied $91K 3/1 980 1945 1
3413 N WATER ST History5 L&I violations incl UNSAFE STRUCTURE (2021); 4 L&I violations (2023); Inspection failed ×3 (2023); 2 L&I violations (2024); L&I: 4 failed, 2 passed (2024); 6 L&I violations (2025); L&I: 4 failed, 1 passed (2025); Inspection failed ×3 (2026). Owner-occupied $91K 3/1 980 1945 0 5 viollien in pre-2017 ledger
3414 N WATER ST New constructionBought for $60K in 2007, built new (reduced taxable assessment shown), sold for $24K in 2017. Owner-occupied $61K 3/1 980 1945 2 assessment exemption · basis unverified
3415 N WATER ST Renovated & sold onBought for $12K in 2013, plumbing permit in 2014, sold for $82K in 2024 (+568%). Owner-occupied $91K 2/1 980 1945 3 7 viol
3416 N WATER ST New constructionbuilt new under a 2018 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3417 N WATER ST Renovated & sold onBought for $2K in 2000, alterations permit in 2021, sold for $46K in 2021 (+2960%). Absentee individual $141K 2/1 1,048 1945 6 licensed rental
3418 N WATER ST Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3419 N WATER ST New constructionbuilt new under a 2012 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3420 N WATER ST Owner-occupied $91K 3/1 980 1945 1
3421 N WATER ST New constructionBought for $45K in 2003, built new under a 2008 permit (reduced taxable assessment shown), sold for $60K in 2019. Owner-occupied $91K 3/1 980 1945 3 assessment exemption · basis unverified
3422 N WATER ST TradedTraded 2×: $1K in 2001 → $32K in 2003 (+3090%). Owner-occupied $91K 3/1 980 1945 2
3423 N WATER ST Renovated & sold onBought for $24K in 2004, plumbing permit in 2016, sold for $68K in 2022 (+181%). Absentee individual $91K 2/1 980 1945 2 1 viol
3424 N WATER ST Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3425 N WATER ST Absentee individual $91K 3/1 980 1945 0 lien in pre-2017 ledger
3426 N WATER ST Absentee individual $91K 3/1 980 1945 0 assessment exemption · basis unverified
3427 N WATER ST New constructionbuilt new under a 2008 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3428 N WATER ST Frequently tradedTraded 3×: $25K in 2003 → $35K in 2022 (+40%). Owner-occupied $91K 3/1 980 1945 3 lien in pre-2017 ledger
3429 N WATER ST TradedTraded 2×: $19K in 2000 → $11K in 2011 (-42%). Absentee individual $91K 3/1 980 1945 2
3430 N WATER ST Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverifiedlien in pre-2017 ledger
3431 N WATER ST New constructionbuilt new under a 2015 permit (reduced taxable assessment shown), sold for $15K in 2016. Owner-occupied $91K 3/1 980 1945 1 assessment exemption · basis unverified
3432 N WATER ST New constructionbuilt new under a 2022 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3433 N WATER ST ImprovedBought for $18K in 2005. Owner pulled a alterations permit in 2025. Absentee individual $91K 3/1 980 1945 2
3434 N WATER ST Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3435 N WATER ST Vacant lot HistoryInspection failed (2006); Inspection passed (2010); L&I violation (2022); Inspection failed (2022); Inspection passed (2023). Vacant $16K —/— — — 0 lien in pre-2017 ledger
3436 N WATER ST New constructionbuilt new under a 2023 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3437 N WATER ST Vacant lot HistoryL&I violation (2009); Inspection failed (2009); Inspection passed (2010); L&I violation (2022); Inspection failed (2022); Inspection passed (2023). Vacant $16K —/— — — 0 lien in pre-2017 ledger
3438 N WATER ST Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3439 N WATER ST New constructionbuilt new under a 2007 permit (reduced taxable assessment shown), sold for $200 in 2024. Owner-occupied $91K 3/1 980 1945 1 assessment exemption · basis unverified
3440 N WATER ST ImprovedBought for $37K in 2004. Owner pulled a plumbing permit in 2007. Owner-occupied $91K 3/1 980 1945 1
3441 N WATER ST Absentee individual $91K 3/1 980 1945 1 lien in pre-2017 ledger
3442 N WATER ST New constructionbuilt new under a 2018 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3443 N WATER ST New constructionbuilt new (reduced taxable assessment shown), sold for $25K in 2001. Owner-occupied $91K 3/1 980 1945 1 assessment exemption · basis unverified
3444 N WATER ST Owner-occupied $91K 3/1 980 1945 0
3445 N WATER ST Investor / LLC $91K 3/1 980 1945 1 licensed rental
3446 N WATER ST TradedTraded 2×: $20K in 2003 → $10K in 2014 (-50%). Absentee individual $91K 3/1 980 1945 2 lien in pre-2017 ledger
3447 N WATER ST Owner-occupied $91K 3/1 980 1945 1 lien in pre-2017 ledger
3448 N WATER ST History9 L&I violations (2007); Inspection failed ×2 (2007); 2 L&I violations (2010); L&I: 1 failed, 1 passed (2010); Inspection failed ×3 (2011). Owner-occupied $91K 3/1 980 1945 0
3449 N WATER ST TradedTraded 2×: $11K in 2003 → $30K in 2005 (+186%). Owner-occupied $91K 3/1 980 1945 2
3450 N WATER ST History4 L&I violations incl UNSAFE STRUCTURE (2021); Inspection failed (2021); Inspection failed ×2 (2024); Inspection failed ×2 (2025); Inspection failed ×2 (2026). Owner-occupied $91K 3/1 980 1945 0 4 viollien in pre-2017 ledger
3451 N WATER ST Historysold $30K (2007); L&I violation (2025); Inspection failed ×2 (2025); Inspection failed ×4 (2026). Investor / LLC $91K 3/1 980 1945 1 licensed rental
3452 N WATER ST Historysold $45K (2022); 2 L&I violations (2025); Inspection failed ×3 (2025); L&I: 3 failed, 1 passed (2026). Owner-occupied $91K 3/1 980 1945 1 lien in pre-2017 ledger
3453 N WATER ST Investor / LLC $91K 3/1 980 1945 1 licensed rental
3454 N WATER ST Multi-family ImprovedBought for $48K in 2006. Owner pulled a alterations permit in 2022. Investor / LLC $112K 2/2 980 1945 2 licensed rental
3455 N WATER ST Absentee individual $91K 3/1 980 1945 0 lien in pre-2017 ledger
3456 N WATER ST New constructionBought for $10K in 2015, built new under a 2009 permit (reduced taxable assessment shown), sold for $6K in 2019. Owner-occupied $91K 3/1 980 1945 3 assessment exemption · basis unverified
3457 N WATER ST History14 L&I violations (2024); L&I: 4 failed, 2 passed (2024). Absentee individual $91K 3/1 980 1945 0 5 viol
3458 N WATER ST Renovated & sold onBought for $17K in 2003, use permit in 2018, sold for $48K in 2021 (+175%). Investor / LLC $91K 3/1 980 1945 4 licensed rental
3459 N WATER ST Frequently tradedTraded 4×: $16K in 2001 → $21K in 2017 (+31%). Investor / LLC $117K 3/1 980 1945 4 licensed rental
3460 N WATER ST ImprovedBought for $2K in 2011. Owner pulled a administrative permit in 2012. Absentee individual $91K 3/1 980 1945 1
3461 N WATER ST New constructionbuilt new under a 2025 permit (reduced taxable assessment shown). Owner-occupied $91K 3/1 980 1945 0 assessment exemption · basis unverified
3462 N WATER ST Absentee individual $91K 3/1 980 1945 1 lien in pre-2017 ledger
3464 N WATER ST TradedTraded 2×: $6K in 2001 → $39K in 2002 (+550%). Owner-occupied $91K 3/1 980 1945 2
3466 N WATER ST ImprovedBought for $50K in 2023. Owner pulled a plumbing permit in 2009. Absentee individual $91K 3/1 980 1945 1
3468 N WATER ST Apartment building New constructionbuilt new under a 2019 permit (reduced taxable assessment shown). Owner-occupied $129K —/— 1,820 1935 0 assessment exemption · basis unverified

Neighborhood

Median income
$36K
household
Own vs. rent
45%
owner-occupied
Median age
26.1
residents
Median rent
$1K
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, 2:58 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.