House report

1414 S Penn Sq

3 bd · 4 ba · 1 story · 3,087 sqft · CMX5 · built 2009

Owner-occupied · assessed $2.7M (2026) · 2027 OPA assessment $2.5M. On the 1400 block of S Penn Sq.

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 1414 S Penn Sq
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$36,308/year

2026 taxable assessment $2,593,800 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $2,508,400; 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 888095274
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 No current conclusion

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

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

Homestead exemption, mail goes elsewhere

Why it matters

The parcel claims the homestead exemption (owner lives here) while the tax bill mails to 117 Hunt Dr, Princeton Nj, 08540. Those two facts sit in tension on the record — there can be innocent reasons, but one of them is usually out of date.

View supporting records →

Fetched L&I and zoning records

Every row successfully fetched for this report is counted below. Dataset availability and matching can differ from the City's interactive file; use the official link for current detail.

Open the City record ↗
Recorded owner
Errol B Taylor & Paula W Taylor
Tax mailing address
117 HUNT DR, PRINCETON NJ, 08540
L&I district
Building ID (BIN)
OPA account
888095274
Permits5Every dated permit
Violation cases11 violation record · 0 open
Investigations21 failed · 1 passed · 0 closed
Building certifications0Unavailable
Business licenses0No match
Appeals0No match
PermitsPermit number, issued date, work and City status5
Addition and/or AlterationPermit CP-2023-002602

Jul 14, 2023 Completed Completed Jul 3, 2025

FOR LEVEL II INTERIOR ALTERATIONS TO UNIT #31C AT THE 28TH FLOOR OF THE EXISTING MULTI-FAMILY HIGH RISE BUILDING WITH NO CHANGE TO EXISTING GROUP R-2 USE & OCCUPANCY CLASSIFICATION. NO STRUCTURAL WORK OR WORK OUTSIDE OF THE DWELLING UNIT THIS PERMIT. NO CHANGES TO EXISTING FIRE-RESISTANCE RATED ASSEMBLIES THIS PERMIT. EXISTING BUILDING IS FULLY SPRINKLERED PER NFPA 13 WITH STANDPIPES IN INTERIOR EXIT STAIRWAY ENCLOSURES. ALL WORK TO BE DONE PER APPROVED PLANS AND IN ACCORDANCE WITH 2018 IEBC. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING, AND FIRE SUPPRESSION WORK.

Addition and/or AlterationPermit EP-2023-007006

Jul 26, 2023 Completed Completed Mar 14, 2024

Electrical wiring in an existing condo unit that 85 percent of the work will be old work style wiring ( fished in existing walls or ceilings ) ** See attached Executed Contract ** for work details As per 2017 nec

AlterationsPermit PP-2023-010475

Jul 28, 2023 Completed Completed Jul 3, 2025

We are not doing a new shower or converting the tub to a shower -we are installing shower trim & the new diverter Moving water & drain lines for bath sink in powder room, shower diverter in master bathroom. Installing new toilet, vanity & shower trim in master bathroom. Installing new toilet, new vanity in powder room. Installing new kitchen sink

Addition and/or AlterationsPermit FP-2023-002049

Aug 25, 2023 Completed Completed Jul 3, 2025

EZ PERMIT SPRINKLER RELOCATION (NFPA 13)- For the Relocation of Sprinkler Heads as per attached standards. Deviations from these standards require submission of construction and site plans. Relocate (7) sprinkler heads to accommodate interior alterations within Unit 31C

Addition and/or AlterationsPermit MP-2023-004150

Feb 20, 2025 Completed Completed Mar 10, 2025

FOR THE INSTALLATION OF A VENTLESS FIREPLACE. APPLIANCES TO BE INSTALLED IN ACCORDANCE WITH MANUFACTURER'S SPECIFICATIONS. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. SEPARATE PERMITS REQUIRED FOR ALL OTHER WORK.

Violation cases1 individual violation record; resolved history remains visible1
Case CF-2024-022460CLOSED

NOTICE OF VIOLATION · Opened Mar 20, 2024 · completed Mar 26, 2024

  • COMPL CONCEAL- BLDG PERM WORKViolation VI-2024-018364Mar 20, 2024 CLOSED
InvestigationsEvery inspector visit, including CLOSED outcomes2
L&I investigationCase CF-2024-022460

Mar 20, 2024 FAILED

L&I investigationCase CF-2024-022460

Mar 26, 2024 PASSED

Building certificationsInspection result and filed expiration date by L&I building ID0

This dataset was unavailable when the report was assembled.

Business licensesHistorical and active licenses are both retained0

No business licenses matched this parcel in the fetched City dataset.

AppealsApplication status and decision are separate City fields0

No appeals matched this parcel in the fetched City dataset.

City of Philadelphia OPA, L&I and Zoning Board records, shown as filed. A CLOSED investigation is an outcome label, not a missing visit; an appeal's application status and decision may differ.

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 flagRecent transition activity

The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.

Evidence: 5 permit events since 2023

Limit: Record activity alone does not establish that a sale or redevelopment is planned.

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

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
$2,693,800
2026 billed-year assessment · 2027: $2,508,400 · built 2009
Price / sq ft
$813
block $625 · above block
Appreciation
+38%
+3%/yr, city 6.5%
In 5 years (~2031)
~$2.5M
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$36,308
1.45% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
1%
≈$2K/mo rent
Times sold
0

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

$0$2.5M$5.0M2023: Addition and/or Alteration 2023: Addition and/or Alteration 2023: Alterations 2023: Addition and/or Alterations2024: L&I violation 2024: L&I: 1 failed, 1 passed2025: Addition and/or Alterations$2.7M201620212026
This houseBlock median & rangeL&I violationPermit

The paper trail

Owner pulled a addition and/or alterations permit in 2025.

  1. 2023 Addition and/or AlterationPermitAddition and/or AlterationPermitAlterationsPermitAddition and/or AlterationsPermit
  2. 2024 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  3. 2025 Addition and/or AlterationsPermit

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.

Bedrooms
3
Bathrooms
4
Stories
1
Interior
3,087 sqft
livable area
Basement
Full, finished
city code 1
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Above average
city code 3
Quality grade
B+
assessor's grade
Zoning
CMX5
city zoning code

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

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Homestead exemption, mail goes elsewhere

The parcel claims the homestead exemption (owner lives here) while the tax bill mails to 117 Hunt Dr, Princeton Nj, 08540. Those two facts sit in tension on the record — there can be innocent reasons, but one of them is usually out of date.

Run the numbers

What owning 1414 S Penn Sq 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.

$2.5M
20%
6.875%
$2K/mo

When this house last sold (2019) a 30-year mortgage ran about 3.94% — 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

1414 S Penn Sq sits on the 1400 block of S Penn Sq. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1414 S Penn Sq  ·  1414 S Penn Sq

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 6:55 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: unavailable. “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)