House report

1018 S Frazier St

3 bd · 1 ba · 2 stories · 992 sqft · RSA5 · built 1925

Investor / LLC · assessed $187K (2026) · 2027 OPA assessment $168K · sold 2×. On the 1000 block of S Frazier 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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BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 1018 S Frazier 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$791/year

2026 taxable assessment $56,500 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $168,300; 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 513033700
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 $56,500 of $186,500 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$2,611/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

$75.10 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

A separate historical parcel ledger ending in 2016 records $1,094.55 and a lien entry. It is shown as historical context only.

2013$13.37 total · $0.00 principal · $0.00 interest · $0.00 penalty2014$20.22 total · $15.08 principal · $2.94 interest · $1.06 penalty2015$811.64 total · $577.88 principal · $60.67 interest · $40.45 penalty2016$249.32 total · $144.88 principal · $2.18 interest · $1.45 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

built new under a 2019 permit (reduced taxable assessment shown), sold for $57K in 2022.

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 $791/yr, while applying the same rate to the full assessment would imply about $2,611/yr — $1,820/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.

Built 1925: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you own it

$1,095 in the historical tax ledger through 2016

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

If you’re the landlord

Lead certificate is not optional

Built 1925: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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

Tcs Anika Homes Acquisitions 5 LLC · corporate / LLC owner

• Owns 57 properties across Philadelphia under this name, assessed at $13M combined
• Tax bills mail to 107 S 2nd Street 3rd Floor, Philadelphia PA, 19106
• Holds an active rental license for this address

The investment read

How this house 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
$186,500
2026 billed-year assessment · 2027: $168,300 · built 1925
Price / sq ft
$170
block $114 · above block
Appreciation
+332%
+14%/yr, city 6.5%
In 5 years (~2031)
~$170K
+14%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$791
0.47% effective, reduced taxable assessment
Jun 2022 tax snapshot
$75
recorded then · verify current
Gross yield
10%
≈$1K/mo rent
Times sold
2
licensed rental

Assessment vs. the block · every dated City record marked on the line

$0$100K$200K$168K2016201820202022202420262027
Assessment lineBlock median & rangeAssessmentDeed / sale

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 record1 event · exact dates, newest first
  1. Deed / saleDeed / sale $57K

The paper trail

built new under a 2019 permit (reduced taxable assessment shown), sold for $57K in 2022.

  1. 2018 Inspection failed ×3L&I visit
  2. 2019 Addition and/or AlterationPermitL&I: 1 failed, 1 passedL&I visit
  3. 2020 Inspection failed ×3L&I visit
  4. 2022 $57KSoldAddition and/or AlterationPermitInspection passedL&I visitAddition and/or AlterationPermitAlterationsPermitAddition and/or AlterationsPermit
  5. 2023 Addition and/or AlterationPermitAlterationsPermit

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$57K transfer

    2022

What this record suggests

The dated deed and City-record sequence is assembled below. Read timing as a research lead, not proof of renovation, condition, or motive.

Flags: material assessment exemption — legal basis and term unverified · active rental license · $75 recorded in the June 2022 delinquency snapshot — verify current balance · historical tax ledger through 2016 recorded $1K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $791/year. Applying the same 1.3998% rate to the full assessed value would imply ~$2,611/year$1,820/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: ~$126/yr2017: ~$126/yr2018: ~$126/yr2019: ~$36/yr2020: ~$15/yr2021: ~$15/yr2022: ~$15/yr2023: ~$901/yr2024: ~$901/yr2025: ~$791/yr2026: ~$791/yr20162026
2026~$791/yrestimated from assessment

2026: ($186,500 assessed − $129,992 exempt) × 1.3998% ≈ $791/yr full-assessment scenario: $186,500 × 1.3998% ≈ $2,611/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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
992 sqft
livable area
Lot
912 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 1018 S Frazier 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 the area median. Assessed value is not an asking price — set the price slider to the real one.

$168K
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

1018 S Frazier St sits on the 1000 block of S Frazier St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1016 S Frazier St  ·  1020 S Frazier St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 7:01 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)