The Block Report

Multi-family report

1023 W Nevada St

3 stories · 3,081 sqft · RM1 · built 2022

Owner-occupied · assessed $52K (2026) · 2027 OPA assessment $595K · sold 1×. On the 1000 block of W Nevada St.

Property summary

Assessment$51,6002026 OPA assessment · 2027: $594,700 Last sale$15KRecorded 2021 Est. tax bill$722/year2026 taxable assessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits7Every fetched City permit Violations0 open19 historical across 9 cases

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

BlockReport AI · cited public records

Ask the questions this record raises.

Every choice opens the research chat with this property already in context. Curated questions are free.

Opens the research chat · 3 custom questions per browser
Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 1023 W Nevada 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$722/year

2026 taxable assessment $51,600 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $594,700; 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 371316400
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources Record found

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $8,807.95 and a lien entry. It is shown as historical context only.

1978$382.38 total · $95.52 principal · $273.67 interest · $6.69 penalty1979$297.36 total · $75.06 principal · $210.55 interest · $5.25 penalty1980$308.03 total · $78.12 principal · $214.44 interest · $5.47 penalty1981$330.65 total · $85.39 principal · $229.28 interest · $5.98 penalty1982$325.52 total · $85.39 principal · $224.15 interest · $5.98 penalty1983$339.94 total · $90.77 principal · $232.82 interest · $6.35 penalty1984$348.09 total · $94.57 principal · $236.90 interest · $6.62 penalty1985$263.81 total · $72.21 principal · $176.55 interest · $5.05 penalty1986$228.29 total · $63.18 principal · $150.69 interest · $4.42 penalty1987$218.39 total · $61.38 principal · $142.71 interest · $4.30 penalty1988$202.63 total · $57.76 principal · $130.83 interest · $4.04 penalty1989$197.79 total · $57.34 principal · $126.44 interest · $4.01 penalty1990$242.42 total · $60.79 principal · $130.39 interest · $4.26 penalty1991$192.95 total · $48.66 principal · $101.45 interest · $3.41 penalty1992$245.76 total · $60.83 principal · $123.18 interest · $4.26 penalty1993$241.45 total · $60.83 principal · $119.53 interest · $4.26 penalty1994$237.11 total · $60.82 principal · $115.86 interest · $4.26 penalty1995$222.35 total · $57.78 principal · $106.61 interest · $4.04 penalty1996$218.30 total · $57.79 principal · $103.16 interest · $4.05 penalty1997$214.19 total · $57.79 principal · $99.68 interest · $4.05 penalty1998$208.06 total · $57.79 principal · $94.48 interest · $4.05 penalty1999$201.92 total · $57.79 principal · $89.28 interest · $4.05 penalty2000$195.79 total · $57.79 principal · $84.08 interest · $4.05 penalty2001$189.65 total · $57.79 principal · $78.88 interest · $4.05 penalty2002$183.51 total · $57.79 principal · $73.68 interest · $4.05 penalty2003$177.38 total · $57.79 principal · $68.48 interest · $4.05 penalty2004$171.24 total · $57.79 principal · $63.28 interest · $4.05 penalty2005$165.11 total · $57.79 principal · $58.08 interest · $4.05 penalty2006$158.96 total · $57.79 principal · $52.87 interest · $4.05 penalty2007$254.82 total · $103.40 principal · $85.31 interest · $7.24 penalty2008$243.84 total · $103.40 principal · $76.00 interest · $7.24 penalty2009$232.86 total · $103.40 principal · $66.70 interest · $7.24 penalty2010$221.88 total · $103.40 principal · $57.39 interest · $7.24 penalty2011$229.42 total · $113.63 principal · $52.84 interest · $7.95 penalty2012$224.83 total · $118.01 principal · $44.26 interest · $8.26 penalty2013$219.09 total · $122.26 principal · $34.85 interest · $8.56 penalty2014$101.21 total · $67.80 principal · $13.22 interest · $4.75 penalty2015$94.01 total · $67.80 principal · $7.12 interest · $4.75 penalty2016$76.96 total · $70.83 principal · $1.06 interest · $0.71 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

Torn down & rebuilt

Why it matters

Old house bought for $15K in 2021, demolished and rebuilt (2021).

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagAssessment/permit mismatch

The assessment jumped 1053% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $51,600 to $594,700 · no permit shown in 2026-2028

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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 own it

$1,399/yr may be unclaimed

This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.

$8,808 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.

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.

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
$51,600
2026 billed-year assessment · 2027: $594,700 · built 2022
Price / sq ft
$193
block $131 · above block
Appreciation
+1073%
+28%/yr, city 6.5%
In 5 years (~2031)
~$603K
+28%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$722
0.12% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
-1345216.1%
≈$-667M/mo rent
Times sold
1

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

$0$100K$200KBefore this chart — 2015: 2 L&I violations2016: 2 L&I violations2021: Land $15K 2021: New construction, addition, GFA change 2021: New Construction2022: New Construction 2022: New Construction or Additions 2022: New Construction 2022: New Construction 2022: New Construction or Additions 2022: L&I violation 2022: L&I: 1 failed, 1 passed$52K201620182020202220242026
This houseBlock median & rangeLand buyL&I violationPermit
Highlight

The paper trail

Torn down & rebuilt

Old house bought for $15K in 2021, demolished and rebuilt (2021).

  1. 2015 2 L&I violationsL&I
  2. 2016 2 L&I violationsL&I
  3. 2021 $15KLand buyNew construction, addition, GFA changePermitNew ConstructionPermit
  4. 2022 New ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitL&I violationL&IL&I: 1 failed, 1 passedL&I visit

Every dated deed, permit, inspection, license, violation, certification, and appeal—together.

The timeline combines the report’s transfer history with every successfully fetched L&I and zoning row. A date or status is the City’s filed record, not a statement that the condition remains current; use the official file for live detail.

Open the City record ↗
Recorded owner
Kensington Homes Properties LLC
L&I district
CENTRAL EAST
OPA account
371316400

What this record suggests

The City file documents 7 permits touching electrical work, plumbing, roof work. 7 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

  1. LicenseRental

    License 937574 · Inactive

    Kensington Home Properties LLC · Expires 2024-11-08 · Inactive 2025-01-07

  2. InvestigationL&I investigation

    Case CF-2022-118313 · PASSED

  3. ViolationUNAPPROVED USED MATERIALS

    Case CF-2022-118313 · Violation VI-2022-088624 · CLOSED

  4. InvestigationL&I investigation

    Case CF-2022-118313 · FAILED

  5. PermitNew Construction or Additions

    Permit PP-2022-003938 · Completed

    Installing TWO 1" Water Services, 5" Curb Trap, 4" Main Drain, 4" Fresh Air Inlet

  6. PermitNew Construction

    Permit EP-2022-002223 · Completed

    200 MAIN ELECTRICAL SYSTEM NEW WIRING INCLUDE OUTLETS, SWITCHES, LIGHTS, SMOKE DETECTORS AS PER 2014 NEC

  7. PermitNew Construction or Additions

    Permit PP-2022-003594 · Completed

    For minor construction work at the subject property in accordance with all applicable provisions of the Philadelphia Code, all references codes and standards, and the attached EZ Standard, where included. Deviation from this standard shall result in permit revocation. A separate permit from the Philadelphia Department of Streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the Philadelphia Building Code Chapter 33 shall be in place prior to start of work.

  8. PermitNew Construction

    Permit MP-2021-006203 · Completed

    Mechanical / Fuel Gas Permit for combo RP-2021-009066

  9. PermitNew Construction

    Permit FP-2022-000420 · Completed

    FOR THE INSTALLATION OF AN AUTOMATIC FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITH NFPA 13D THROUGHOUT THREE STORY BUILDING TO INCLUDE TWO (2) 1-INCH COMBINED WATER SERVICE LINES AS PER APPROVED PLANS. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK.

  10. PermitNew Construction

    Permit RP-2021-009066 · Completed

    FOR THE ERECTION OF AN ATTACHED THREE (3) STORY STRUCTURE OF TYPE VB CONSTRUCTION WITH A CELLAR AND A ROOF DECK WITH A ROOF ACCESS STRUCTURE AS PER PLANS. FOR TWO (2) DWELLING UNITS WITH LAYOUT AS SHOWN.

  11. PermitNew construction, addition, GFA change

    Permit ZP-2021-004900 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH A CELLAR AND A ROOF DECK WITH A ROOF ACCESS STRUCTURE. SIZE AND LOCATION AS SHOWN ON PLANS. AMENDMENT (10/04/2022) TO CHANGE BUILDING HEIGHT AND PILOT HOUSE SIZE AND LOCATION AS PER REVISED PLANS.

  12. Land recordLand record

    2021

  13. ViolationCLIP VIOLATION NOTICE

    Case 565973 · Violation 4164728 · COMPLIED

  14. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 565973 · Violation 4164729 · COMPLIED

  15. ViolationCLIP VIOLATION NOTICE

    Case 493323 · Violation 3649656 · COMPLIED

  16. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 493323 · Violation 3649657 · COMPLIED

  17. ViolationCLIP VIOLATION NOTICE

    Case 455551 · Violation 3348844 · COMPLIED

  18. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 455551 · Violation 3348845 · COMPLIED

  19. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 398230 · Violation 2905058 · COMPLIED

  20. ViolationCLIP VIOLATION NOTICE

    Case 398230 · Violation 2905057 · COMPLIED

  21. ViolationCLIP VIOLATION NOTICE

    Case 372773 · Violation 2741374 · COMPLIED

  22. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 372773 · Violation 2741375 · COMPLIED

  23. ViolationCLIP VIOLATION NOTICE

    Case 306469 · Violation 2281950 · COMPLIED

  24. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 306469 · Violation 2281951 · COMPLIED

  25. InvestigationBRU INSP

    Case 182445 · PASSED

  26. InvestigationCSUFINAL

    Case 250262 · PASSED

  27. InvestigationCSUINITIAL

    Case 250262 · CLOSED

  28. InvestigationCSUINITIAL

    Case 250262 · FAILED

  29. ViolationROOF PARTIALLY COLLAPSED ID

    Case 250262 · Violation 1856992 · DEMOLISH

  30. ViolationFLOOR/CEILING PARTIALLY C ID

    Case 250262 · Violation 1856993 · DEMOLISH

  31. ViolationWALL PARTIALLY COLLAPSED ID

    Case 250262 · Violation 1856991 · DEMOLISH

  32. InvestigationBRU INSP

    Case 182445 · FAILED

  33. ViolationVACANT PROP STANDARD

    Case 182445 · Violation 1268344 · COMPLIED

  34. ViolationPROSEC- STD INFO

    Case 182445 · Violation 1268346 · COMPLIED

  35. ViolationLICENSE-VAC RES BLDG

    Case 182445 · Violation 1268345 · COMPLIED

How Philadelphia’s property system works

These explainers are free because the record only helps if you know what it can—and cannot—prove. Use the linked City guidance for the controlling rule.

Permits and inspections 7 on this property

This property’s file includes Zoning, Residential Building, Fire Suppression, Plumbing permit records. A permit documents authorized scope and a City process; it is not by itself proof that every described improvement was completed, remains in place, or meets today’s condition expectations.

L&I inspections are scheduled at defined stages; final inspection and required certifications are separate steps in closing out applicable work.

How construction and repair permits work ↗See City inspection stages by permit type ↗
Assessments and taxes

The OPA assessment is the City’s value on the tax roll—not an asking price, appraisal, or live account balance. The taxable assessment can differ from the full assessment because the City roll records exemptions or other treatment; the report keeps those fields separate.

Your annual estimate uses the taxable assessment. Payments, credits, interest, and the amount due are maintained separately in Tax Center.

How the Office of Property Assessment works ↗Philadelphia property-tax guidance ↗
Violations, cases, and status check current status

An open row is a dated City status, not a diagnosis of current condition or a conclusion about the property. Read the case, notice, and any subsequent inspection together, then verify the live file.

How L&I code enforcement works ↗City violation and order types ↗

Flags: historical tax ledger through 2016 recorded $9K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The property, on paper

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

Stories
3
Interior
3,081 sqft
livable area
Lot
995 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 1023 W Nevada 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.

$595K
20%
6.875%
$700/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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, not a live Tax Center balance.

Block context

1023 W Nevada St sits on the 1000 block of W Nevada St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1021 W Nevada St  ·  1025 W Nevada St

Where this comes from
Methodology & freshness

This report was assembled Jul 10, 2026, 5:39 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. 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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)