New construction
Why it mattersbuilt new under a 2019 permit, sold for $270K in 2021.
View supporting records →House report
1426 E Palmer St
3 bd · 1 ba · 2 stories · 1,288 sqft · RSA5 · built 1920
Investor / LLC · assessed $379K · sold 1×. On the 1400 block of E Palmer St.
Property summary
Assessment$379KCity assessed value
Last sale$270KRecorded 2021
Est. annual tax$5K/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits7Dated events in report
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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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:
What stands out
From the public recordRecords 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.
Post-purchase work pattern
A recorded purchase followed by 6 permit events matches the early part of a renovate-and-resell sequence.
Evidence: purchase recorded in 2021 · permit activity in 2021, 2022
Limit: This does not show that the property is listed or that a sale 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.
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.
The last transfer was not a sale
The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)
If you own it
Construction next door (1424 E Palmer St, 2024)
Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.
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.
Who's behind it
1613 S Broad LLC · corporate / LLC owner
• Tax bills mail to 1613 S Broad St -- Suite 1b, Philadelphia PA, 19148
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
$379K
built 1920
Price / sq ft
$295
block $279 · above block
Appreciation
+99%
+6%/yr, city 6.5%
In 5 years (~2031)
~$381K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
6.1%
≈$2K/mo rent
Times sold
1
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleZoningPermitInspection
The paper trail
New constructionbuilt new under a 2019 permit, sold for $270K in 2021.
- 2018 Inspection passedL&I visit
- 2019 AlterationsPermit
- 2021 $270KSoldInterior Non-Load-Bearing Wall Demo.PermitNew construction, addition, GFA changePermit
- 2022 Addition and/or AlterationPermitAddition and/or AlterationsPermitL&I: 7 failed, 2 passedL&I visitAlterationsPermitAddition and/or AlterationPermit
- 2023 Appeal completeZoningInspection passedL&I visit
Flags: 1 zoning/board appeal on record. 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
1
Stories
2
Interior
1,288 sqft
livable area
Lot
2,006 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
No
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
Average
city code 4
Above averageBelow average
Quality grade
C+
assessor's grade
ABCDE
Zoning
RSA5
city zoning code
Zoning appeals
1
complete 2023
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 1426 E Palmer 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.
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
1426 E Palmer St sits on the 1400 block of E Palmer St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 1424 E Palmer St · 1428 E Palmer St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
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)