The Block Report

House report

1416 S 7th St

3 bd · 2 ba · 3 stories · 1,758 sqft · RSA5 · built 1920

Owner-occupied · assessed $459K · sold 6×. On the 1400 block of S 7th St.

Street view of 1416 S 7th St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$459KCity assessed value Last sale$425KRecorded 2022 Est. annual tax$6K/yearAssessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits0Shown in this report ViolationsNone openNo open L&I cases

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 1920: 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

$1,399/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.

If you’re the landlord

Lead certificate is not optional

Built 1920: 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 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
$459K
built 1920
Price / sq ft
$261
block $197 · above block
Appreciation
+46%
+3%/yr, city 6.5%
In 5 years (~2031)
~$460K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$6K
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
4.2%
≈$2K/mo rent
Times sold
6
licensed rental

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

$0$500K$1.0MBefore this chart — 2002: Sold $12K 2003: Sold $140K 2006: Sold $242K 2012: Sold $269K2017: Sold $379K2022: Sold $425K$459K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Frequently traded

Traded 6×: $12K in 2002 → $425K in 2022 (+3442%).

  1. 2002 $12KSold
  2. 2003 $140KSold
  3. 2006 $242KSold
  4. 2012 $269KSold
  5. 2017 $379KSold
  6. 2022 $425KSold

Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).

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
1,758 sqft
livable area
Lot
941 sqft
Basement
Full, unfinished
city code C
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
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 1416 S 7th St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$459K
20%
6.875%
$2K/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 from this parcel's record.

Block context

1416 S 7th St sits on the 1400 block of S 7th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1418-22 S 7th St  ·  1412-14 S 7th 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)