Multi-family report

1501-03 Parrish St

9 bd · 4 stories · 5,472 sqft · RM1 · built 2018

Individual, other or unknown mailing address · assessed $1.5M (2026) · 2027 OPA assessment $1.5M · 4 licensed units. On the 1500 block of Parrish St.

Street view of 1501-03 Parrish St
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — 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$4,206/year

2026 taxable assessment $300,500 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $1,502,700; 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 152286805
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 $300,500 of $1,502,700 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$21,035/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 No current conclusion

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.

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

Torn down & rebuilt

Record summary

demolition was recorded in 2018, followed by a 2018 construction permit.

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 $4,206/yr, while applying the same rate to the full assessment would imply about $21,035/yr — $16,829/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’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.

Assessment and tax history

Every fetched annual City assessment for this building, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.

Assessed value
$1,502,700
2026 billed-year assessment · 2027: $1,502,700 · built 2018
Price / sq ft
$275
block $275 · in line w/ block
Assessment change
+11031%
+53%/yr since 2016 · 2027 +0% vs 2026
Est. tax bill / yr
$4,206
0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
Times sold
0
licensed rental

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

$0$1.0M$2.0MZIP 19130 median$1.5M2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19130 medianAssessmentTeardownAppeal

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record2 events · exact dates, newest first
  1. AppealZoning board appeal
  2. TeardownDemolished

The paper trail

demolition was recorded in 2018, followed by a 2018 construction permit.

  1. 2018 Appeal granted with conditionsZoningZoning/usePermitZoning/usePermitDemolitionPermitNew constructionPermitDemolishedTeardown3 L&I violationsL&IL&I: 1 failed, 1 passedL&I visitElectricalPermitMechanicalPermitSuppressionPermitPlumbingPermit

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. AppealZoning board appeal

    Appeal 32213 · OPEN · Granted with conditions

    PERMIT FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH CELLAR AND TWO (2) ROOF DECK ACCESSED BY ONE (1) ROOF DECK ACCESS STRUCTURE CONSISTING OF TWO (2) INDIVIDUAL PILOTHOUSES, FOR USE AS MULTI-FAMILY HOUSEHOLD LIVING (FOUR (4) DWELLING) WI

What this record suggests

The timeline preserves the dated City rows that matched this parcel. It is a sequence to verify, not a conclusion about present condition.

Flags: material assessment exemption — legal basis and term unverified · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $4,206/year. Applying the same 1.3998% rate to the full assessed value would imply ~$21,035/year$16,829/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: ~$189/yr2017: ~$189/yr2018: ~$307/yr2019: ~$524/yr2021: ~$4,731/yr2022: ~$4,731/yr2023: ~$4,207/yr2024: ~$4,207/yr2025: ~$4,206/yr2026: ~$4,206/yr20162026
2026~$4,206/yrestimated from assessment

2026: ($1,502,700 assessed − $1,202,229 exempt) × 1.3998% ≈ $4,206/yr full-assessment scenario: $1,502,700 × 1.3998% ≈ $21,035/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.

Bedrooms
9
Stories
4
Interior
5,472 sqft
livable area
Lot
1,412 sqft
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
Quality grade
B
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
OPEN · Granted with conditions · 2018

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

Run the numbers

What owning 1501-03 Parrish 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 4 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.

$1.5M
20%
6.875%
$4K/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
Estimated cash needed
down + 4% planning allowance
Modeled cash flow
rent − shown costs · /mo
Modeled cap rate
modeled NOI ÷ price
Modeled cash-on-cash
modeled year-1 return

Scenario for orientation, not advice. Assumes a 30-year fixed loan, $2,800/yr insurance, 1% of price/yr maintenance, and buyer cash equal to the down payment plus 4%. Taxes use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance. Cash flow and returns exclude vacancy, management, utilities, HOA or condo fees, leasing costs, income tax, and unplanned capital work.

Block context

1501-03 Parrish St sits on the 1500 block of Parrish St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1505 Parrish St  ·  1509-11 Parrish St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 11:38 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)