Multi-family report

1003 W Dakota St

5 ba · 3 stories · 1,968 sqft · RM1 · built 2023

Investor / LLC · assessed $341K (2026) · 2027 OPA assessment $412K · 2 licensed units · sold 2×. On the 1000 block of W Dakota St.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 1003 W Dakota St
From the street — imagery © Google
From above — imagery © Esri, Maxar

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$956/year

2026 taxable assessment $68,280 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $412,400; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 371344000
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $68,280 of $341,400 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$4,779/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources Record found

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

A separate historical parcel ledger ending in 2016 records $247.35. It is shown as historical context only.

2012$26.57 total · $17.35 principal · $6.51 interest · $1.21 penalty2013$25.81 total · $17.97 principal · $5.12 interest · $1.26 penalty2014$70.25 total · $52.39 principal · $10.21 interest · $3.67 penalty2015$65.25 total · $52.39 principal · $5.50 interest · $3.67 penalty2016$59.47 total · $54.73 principal · $0.82 interest · $0.55 penalty

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $5K in 2019, built new under a 2019 permit (reduced taxable assessment shown).

View supporting records →

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $956/yr, while applying the same rate to the full assessment would imply about $4,779/yr — $3,823/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

If you own it

$247 in the historical tax ledger through 2016

Historical context only, not a current payoff figure. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.

Who's behind it

Algebra One LLC · corporate / LLC owner

• Tax bills mail to 2808 West Oxford St 1, Bensalem PA, 19020 — outside Philadelphia
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

The investment read

How this building has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$341,400
2026 billed-year assessment · 2027: $412,400 · built 2023
Price / sq ft
$210
block $99 · above block
Appreciation
+12029%
+55%/yr, city 6.5%
In 5 years (~2031)
~$424K
+55%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$956
0.23% effective, reduced taxable assessment
Jun 2022 tax snapshot
Gross yield
-1939864.2%
≈$-667M/mo rent
Times sold
2
latest deed has shared-name parties

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$250K$500K2019: Land $5K 2019: Zoning/use2020: New Construction2021: 5 L&I violations 2021: L&I: 4 failed, 1 passed2022: Land $100K 2022: Inspection failed 2022: New Construction or Additions 2022: New Construction 2022: New Construction2024: 3 L&I violations 2024: L&I: 1 failed, 1 passed$412K201620222027
This houseBlock median & rangeLand buyL&I violationPermit

The paper trail

Bought for $5K in 2019, built new under a 2019 permit (reduced taxable assessment shown).

  1. 2019 $5KLand buyZoning/usePermit
  2. 2020 New ConstructionPermit
  3. 2021 5 L&I violationsL&IL&I: 4 failed, 1 passedL&I visit
  4. 2022 $100KLand buyInspection failedL&I visitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermit
  5. 2024 3 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit

Flags: material assessment exemption — legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $247 · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $956/year. Applying the same 1.3998% rate to the full assessed value would imply ~$4,779/year$3,823/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2016: ~$48/yr2017: ~$253/yr2018: ~$253/yr2019: ~$253/yr2020: ~$253/yr2021: ~$253/yr2022: ~$253/yr2023: ~$1,377/yr2024: ~$826/yr2025: ~$956/yr2026: ~$956/yr20162026
2026~$956/yrestimated from assessment

2026: ($341,400 assessed − $273,105 exempt) × 1.3998% ≈ $956/yr full-assessment scenario: $341,400 × 1.3998% ≈ $4,779/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bathrooms
5
Stories
3
Interior
1,968 sqft
livable area
Lot
950 sqft
Basement
Full, finished
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RM1
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 1003 W Dakota St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$412K
20%
6.875%
$1K/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance.

Block context

1003 W Dakota St sits on the 1000 block of W Dakota St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1001 W Dakota St  ·  1005 W Dakota St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 5:35 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. “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)