Multi-family report

1440 N Perth St

3 stories · 1,735 sqft · RM1 · built 2022

Investor / LLC · assessed $579K (2026) · 2027 OPA assessment $538K · 2 licensed units · sold 1×. On the 1400 block of N Perth St.

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 1440 N Perth St
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$3,782/year

2026 taxable assessment $270,200 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $538,400; 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 202079400
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $270,200 of $579,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$8,105/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
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 $5,071.29 and a lien entry. It is shown as historical context only.

1979$312.36 total · $75.06 principal · $210.55 interest · $5.25 penalty1980$308.03 total · $78.12 principal · $214.44 interest · $5.47 penalty1981$330.65 total · $85.39 principal · $229.28 interest · $5.98 penalty1982$325.52 total · $85.39 principal · $224.15 interest · $5.98 penalty1983$339.94 total · $90.77 principal · $232.82 interest · $6.35 penalty1988$101.75 total · $27.51 principal · $62.31 interest · $1.93 penalty1989$99.47 total · $27.32 principal · $60.24 interest · $1.91 penalty1990$121.59 total · $28.94 principal · $62.07 interest · $2.03 penalty1991$125.01 total · $30.41 principal · $63.40 interest · $2.13 penalty1992$134.66 total · $30.41 principal · $61.58 interest · $2.13 penalty1993$132.50 total · $30.41 principal · $59.75 interest · $2.13 penalty1994$130.35 total · $30.41 principal · $57.93 interest · $2.13 penalty1995$128.20 total · $30.41 principal · $56.10 interest · $2.13 penalty1996$126.05 total · $30.41 principal · $54.28 interest · $2.13 penalty1997$123.90 total · $30.41 principal · $52.46 interest · $2.13 penalty1998$120.67 total · $30.41 principal · $49.72 interest · $2.13 penalty1999$117.45 total · $30.41 principal · $46.99 interest · $2.13 penalty2000$114.21 total · $30.41 principal · $44.25 interest · $2.13 penalty2001$110.98 total · $30.41 principal · $41.51 interest · $2.13 penalty2002$107.75 total · $30.41 principal · $38.77 interest · $2.13 penalty2003$104.52 total · $30.41 principal · $36.04 interest · $2.13 penalty2004$101.29 total · $30.41 principal · $33.30 interest · $2.13 penalty2005$98.06 total · $30.41 principal · $30.56 interest · $2.13 penalty2006$94.84 total · $30.41 principal · $27.83 interest · $2.13 penalty2007$152.82 total · $57.79 principal · $47.67 interest · $4.05 penalty2008$153.15 total · $60.82 principal · $44.71 interest · $4.26 penalty2009$146.69 total · $60.82 principal · $39.23 interest · $4.26 penalty2010$140.23 total · $60.82 principal · $33.76 interest · $4.26 penalty2011$144.67 total · $66.84 principal · $31.08 interest · $4.68 penalty2012$141.95 total · $69.41 principal · $26.03 interest · $4.86 penalty2013$109.85 total · $53.94 principal · $15.37 interest · $3.78 penalty2014$101.21 total · $67.80 principal · $13.22 interest · $4.75 penalty2015$94.01 total · $67.80 principal · $7.12 interest · $4.75 penalty2016$76.96 total · $70.83 principal · $1.06 interest · $0.71 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
Finding

New construction

Why it matters

Bought for $20K in 2017, built new under a 2021 permit (reduced taxable assessment shown).

View supporting records →

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

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $3,782/yr, while applying the same rate to the full assessment would imply about $8,105/yr — $4,323/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

If you own it

$5,071 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.

If you’re the landlord

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 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.

Who's behind it

Kkh Properties LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $1.2M combined
• Tax bills mail to 415 C Welsh Rd, Philadelphia PA, 19115
• Holds an active rental license for this address

The investment read

How this building 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
$579,000
2026 billed-year assessment · 2027: $538,400 · built 2022
Price / sq ft
$310
block $159 · above block
Appreciation
+12136%
+55%/yr, city 6.5%
In 5 years (~2031)
~$553K
+55%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$3,782
0.7% effective, reduced taxable assessment
Jun 2022 tax snapshot
Gross yield
2.5%
≈$1K/mo rent
Times sold
1
licensed rental

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

$0$500K$1.0M2017: Land $20K2021: New Construction 2021: New Construction 2021: New Construction or Additions 2021: New Construction2022: New Construction or Additions 2022: New Construction 2022: New Construction or Additions2024: Change of Use$538K201620222027
This houseBlock median & rangeLand buyPermit

The paper trail

Bought for $20K in 2017, built new under a 2021 permit (reduced taxable assessment shown).

  1. 2017 $20KLand buy
  2. 2021 New ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermit
  3. 2022 New Construction or AdditionsPermitNew ConstructionPermitNew Construction or AdditionsPermit
  4. 2024 Change of UsePermit

Flags: material assessment exemption — legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $5K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $3,782/year. Applying the same 1.3998% rate to the full assessed value would imply ~$8,105/year$4,323/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2016: ~$62/yr2017: ~$255/yr2018: ~$255/yr2019: ~$255/yr2020: ~$255/yr2021: ~$255/yr2022: ~$255/yr2023: ~$1,858/yr2024: ~$2,346/yr2025: ~$3,134/yr2026: ~$3,782/yr20162026
2026~$3,782/yrestimated from assessment

2026: ($579,000 assessed − $308,819 exempt) × 1.3998% ≈ $3,782/yr full-assessment scenario: $579,000 × 1.3998% ≈ $8,105/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

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

Stories
3
Interior
1,735 sqft
livable area
Lot
729 sqft
Basement
Full
city code D
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
RM1
city zoning code

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

Run the numbers

What owning 1440 N Perth 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 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$538K
20%
6.875%
$2K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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 with an optional full-assessment stress test, not a live Tax Center balance.

Block context

1440 N Perth St sits on the 1400 block of N Perth St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1444 N Perth St  ·  1446 N Perth St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 11:52 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)