Multi-family report

1527 W Norris St

3 stories · 2,262 sqft · RM1 · built 2011

Investor / LLC · assessed $590K (2026) · 2027 OPA assessment $395K · 2 licensed units · sold 3×. On the 1500 block of W Norris 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 1527 W Norris 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$8,264/year

2026 taxable assessment $590,400 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $395,300; 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 321015800
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

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

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 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

Temple Villas II LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $1.3M combined
• Tax bills mail to 1614 Cecil B Moore Ave, Philadelphia PA, 19121
• 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
$590,400
2026 billed-year assessment · 2027: $395,300 · built 2011
Price / sq ft
$175
block $158 · above block
Appreciation
+11%
+1%/yr, city 6.5%
In 5 years (~2031)
~$395K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$8,264
2.09% effective
Jun 2022 tax snapshot
Gross yield
3.1%
≈$1K/mo rent
Times sold
3
licensed rental

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

$0$500K$1.0M$395K2010201320162019202220252027
Assessment lineBlock median & rangeAssessmentLand buy

Each icon sits on its recorded date. Select one to explain that assessment or day’s filings.

Every dated record2 events · exact dates, newest first
  1. Land buyLand record $50K
  2. Land buyLand record $110K

The paper trail

Bought for $50K in 2010, built new under a 2010 permit.

  1. 2010 Inspection failedL&I visit$50KLand buy$110KLand buyZoning/usePermitNew constructionPermit
  2. 2011 New ConstructionPermitPlumbingPermitPlumbingPermitMechanicalPermitSuppressionPermitL&I violationL&IL&I: 1 failed, 2 passedL&I visit

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 2 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Land recordLand record

    2010

  2. Land recordLand record

    2010

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

The property, on paper

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

Stories
3
Interior
2,262 sqft
livable area
Lot
1,075 sqft
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B+
assessor's grade
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 1527 W Norris 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.

$395K
20%
6.875%
$2K/mo

When this house last sold (2010) a 30-year mortgage ran about 4.69% — 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, not a live Tax Center balance.

Block context

1527 W Norris St sits on the 1500 block of W Norris St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1525 W Norris St  ·  1529 W Norris St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 11:02 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)