The Block Report

House report

1224 N 26th St

3 bd · 2 ba · 3 stories · 3,415 sqft · RSA5 · built 2019

Absentee individual · assessed $534K. On the 1200 block of N 26th St.

Property summary

Assessment$534KCity assessed value Last sale$499KRecorded 2023 Est. annual tax$1K/yearAssessment × 1.3998% Tax delinquency$10KCity snapshot · Jun 2022 Permits—Record unavailable ViolationsNone openNone open when assembled

“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 1224 N 26th St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Verify the current balance before relying on it.

$10K 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.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record

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 669% in 2021, but no matching permit appears in the property timeline.

Evidence: assessment moved from $65,000 to $500,000 · no permit shown in 2020-2022

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’re buying

The current tax estimate is temporary

The taxable assessment implies about $1,495/yr under a 10-year abatement. It jumps to about $7,475/yr in 2031 — $5,980/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

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

$9,589 in the June 2022 delinquency snapshot

The City recorded this amount in June 2022. It may since have been paid, reduced, or increased; verify the current balance directly with Philadelphia Revenue.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

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
$534K
built 2019
Price / sq ft
$156
block $158 · in line w/ block
Appreciation
+722%
+35%/yr, city 6.5%
In 5 years (~2031)
~$543K
+35%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Jun 2022 tax snapshot
$10K
delinquency recorded then · verify current
Gross yield
4.2%
≈$2K/mo rent
Times sold
0

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

$0$500K$1.0M$534K201620222027
This houseBlock median & range

Flags: tax-abated — the bill lags real value · $10K recorded in the June 2022 delinquency snapshot — verify current balance. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $1,495/yr under a 10-year tax abatement. In 2031 the assessment-based estimate reaches ~$7,475/yr — a step up of $5,980/yr, 4 assessment years out. Drag the slider.

2020: ~$910/yr2021: ~$1,050/yr2022: ~$1,050/yr2023: ~$1,050/yr2024: ~$1,050/yr2025: ~$1,470/yr2026: ~$1,470/yr2027: ~$1,495/yr2028: ~$1,495/yr (projected)2029: ~$1,495/yr (projected)2030: ~$1,495/yr (projected)2031: ~$7,475/yr (projected)2032: ~$7,475/yr (projected)202020312032
2027~$1,495/yrestimated from assessment

now: ($534,000 assessed − $427,199 abated) × 1.3998% ≈ $1,495/yr 2031: $534,000 assessed × 1.3998% ≈ $7,475/yr Flat 100% exemption (pre-2022 program, started 2021), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

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

Bedrooms
3
Bathrooms
2
Stories
3
Interior
3,415 sqft
livable area
Lot
1,025 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
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
RSA5
city zoning code

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

Run the numbers

What owning 1224 N 26th 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.

$499K
20%
6.875%
$2K/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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 from this parcel's record (with the abatement toggle above).

Block context

1224 N 26th St sits on the 1200 block of N 26th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1224 N 26th St  ·  1224 N 26th St

Where this comes from
Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

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