Public Records
Edition
Philadelphia1500 block of S Lambert StJuly 9, 2026

House report

1524 S Lambert St

3 bd · 2 ba · 3 stories · 2,301 sqft · RSA5 · built 2022

Investor / LLC · assessed $509K · sold 3×. On the 1500 block of S Lambert St.

Street view of 1524 S Lambert St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

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

The tax bill is temporary

Today's $1,425/yr reflects a 10-year abatement. It steps up every year and reaches about $7,126/yr in 2035 — $5,701/yr more. Price the full bill, not the current one.

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

$1,054 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

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 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

Oa Properties LLC · corporate / LLC owner

• Owns 6 properties across Philadelphia under this name, assessed at $2.5M combined
• Holds an active rental license for this address

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 analyst below to dig into any number.

Assessed value
$509K
built 2022
Price / sq ft
$221
block $238 · below block
Appreciation
+8111%
+49%/yr, city 6.5%
In 5 years (~2031)
~$522K
+49%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
Times sold
3
licensed rental

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

$0$500K$1.0M2018: 6 L&I violations2019: 4 L&I violations2020: Land $46K 2020: L&I violation 2020: New construction, addition, GFA change2021: New Construction 2021: New Construction 2021: New Construction or Additions 2021: New Construction or Additions 2021: New Construction or Additions 2021: New Construction 2021: New Construction$509K201620222027
This houseBlock median & rangeLand buyL&I violationPermit
The paper trail

Bought for $46K in 2020, built new under a 2020 permit (tax-abated).

  1. 2018 6 L&I violationsL&I
  2. 2019 4 L&I violationsL&I
  3. 2020 $46KLand buyL&I violationL&INew construction, addition, GFA changePermit
  4. 2021 New ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermit

Flags: tax-abated — the bill lags real value · active rental license · $1K back taxes (2009–2016, $236 of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,425/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$7,126/yr — a step up of $5,701/yr, 8 assessment years out. Drag the slider.

2016: ~$87/yr2017: ~$462/yr2018: ~$462/yr2019: ~$462/yr2020: ~$462/yr2021: ~$462/yr2022: ~$462/yr2023: ~$1,669/yr2024: ~$1,669/yr2025: ~$1,508/yr2026: ~$1,508/yr2027: ~$1,425/yr2028: ~$2,138/yr (projected)2029: ~$2,850/yr (projected)2030: ~$3,563/yr (projected)2031: ~$4,276/yr (projected)2032: ~$4,988/yr (projected)2033: ~$5,701/yr (projected)2034: ~$6,413/yr (projected)2035: ~$7,126/yr (projected)2036: ~$7,126/yr (projected)201620352036
2027~$1,425/yrfrom the record

now: ($509,100 assessed − $407,300 abated) × 1.3998% ≈ $1,425/yr 2035: $509,100 assessed × 1.3998% ≈ $7,126/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

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
2,301 sqft
livable area
Lot
616 sqft
Basement
Full, finished
city code A
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
RSA5
city zoning code

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

Run the numbers

What owning 1524 S Lambert 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.

$509K
20%
6.875%
$4K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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 (with the abatement toggle above).

Next door: 1522 S Lambert St  ·  1526 S Lambert St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. 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)