Multi-family report

128 S 48th St

2 stories · 2,052 sqft · RM1 · built 1925

Owner-occupied · assessed $301K (2026) · 2027 OPA assessment $311K · sold 1×. On the 100 block of S 48th St.

Street view of 128 S 48th St
From the street — imagery © Google
From above — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

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

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:

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$2,811/year

2026 taxable assessment $200,800 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $310,600; 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 601084900
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationHomestead exemption

2026 OPA removes $100,000 from the taxable assessment through the owner-occupant exemption.

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 $4,855.09 and a lien entry. It is shown as historical context only.

2010$300.00 total · $0.00 principal · $0.00 interest · $0.00 penalty2014$1,570.67 total · $991.97 principal · $193.43 interest · $69.44 penalty2015$1,666.66 total · $1,128.27 principal · $118.47 interest · $78.98 penalty2016$1,317.76 total · $1,128.27 principal · $16.92 interest · $11.28 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

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

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.

The last transfer used nominal consideration

The latest deed records $100 or less. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.

If you own it

$4,855 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: every fetched annual City assessment, charted against its block and ZIP; appreciation includes the full-period compound rate and the latest year-over-year change. The 5-year figure simply extends that historical pace. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$300,800
2026 billed-year assessment · 2027: $310,600 · built 1925
Price / sq ft
$151
block $143 · above block
Appreciation
+117%
+7%/yr since 2016 · 2027 +3% vs 2026
In 5 years (~2032)
~$442K
+7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$2,811
0.91% effective
Jun 2022 tax snapshot
Gross yield
5.2%
≈$1K/mo rent
Times sold
1

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

$0$250K$500KZIP 19139 median$311K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19139 medianAssessmentDeed / 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 $220K

The paper trail

built new under a 2018 permit, sold for $220K in 2018.

  1. 2017 L&I: 5 failed, 1 passedL&I visit
  2. 2018 UsePermit$220KSoldInspection passedL&I visitAddition and/or AlterationPermit
  3. 2019 New ConstructionPermitAlterationsPermit
  4. 2020 Addition and/or AlterationPermit
  5. 2021 Addition and/or AlterationsPermitL&I violationL&IInspection failedL&I visit
  6. 2022 Inspection passedL&I visit

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$220K transfer

    2018

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: historical tax ledger through 2016 recorded $5K 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
2
Interior
2,052 sqft
livable area
Lot
1,856 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
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 128 S 48th 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.

$311K
20%
6.875%
$1K/mo
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

128 S 48th St sits on the 100 block of S 48th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 130 S 48th St  ·  132 S 48th St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 12:36 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)