Multi-family report

1914 N Gratz St

10 bd · 3 ba · 3 stories · 3,030 sqft · RM1 · built 2020

Entity-held · assessed $700K (2026) · 2027 OPA assessment $710K · 2 licensed units · sold 1×. On the 1900 block of N Gratz St.

Street view of 1914 N Gratz 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$1,960/year

2026 taxable assessment $140,000 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $710,100; 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 321247100
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 $140,000 of $700,300 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$9,803/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 $6,586.45 and a lien entry. It is shown as historical context only.

2006$204.71 total · $0.00 principal · $0.00 interest · $1.17 penalty2007$24.60 total · $0.00 principal · $0.00 interest · $1.17 penalty2008$24.95 total · $0.00 principal · $0.00 interest · $1.33 penalty2009$25.31 total · $0.00 principal · $0.13 interest · $1.70 penalty2010$34.90 total · $0.00 principal · $9.85 interest · $1.70 penalty2011$33.71 total · $0.00 principal · $8.42 interest · $1.87 penalty2012$31.55 total · $0.00 principal · $6.25 interest · $1.94 penalty2013$62.51 total · $28.76 principal · $8.20 interest · $2.01 penalty2014$2,125.15 total · $1,516.34 principal · $295.68 interest · $106.14 penalty2015$1,980.49 total · $1,516.34 principal · $159.21 interest · $106.14 penalty2016$2,038.57 total · $1,791.68 principal · $26.88 interest · $17.92 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

Torn down & rebuilt

Record summary

A $120K land or deed amount was recorded in 2019; demolition was recorded in 2020, followed by a 2019 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 $1,960/yr, while applying the same rate to the full assessment would imply about $9,803/yr — $7,843/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

$6,586 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

1519 Sydenham Development · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.5M combined
• Tax bills mail to 1955 N 18th St, Philadelphia PA, 19121
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$700,300
2026 billed-year assessment · 2027: $710,100 · built 2020
Price / sq ft
$234
block $161 · above block
Assessment change
+538%
+18%/yr since 2016 · 2027 +1% vs 2026
Est. tax bill / yr
$1,960
0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
Times sold
1
latest deed has shared-name parties

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

$0$500K$1.0MZIP 19121 median$710K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19121 medianAssessmentLand buyTeardown

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. TeardownDemolished
  2. Land buyLand record $120K

The paper trail

A $120K land or deed amount was recorded in 2019; demolition was recorded in 2020, followed by a 2019 construction permit.

  1. 2019 $120KLand transferInspection failedL&I visitNew ConstructionPermitMinor DemolitionPermitZoning/usePermit
  2. 2020 Rough-InPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitDemolishedTeardown
  3. 2023 Inspection 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 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Land recordLand record

    2019

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 · historical tax ledger through 2016 recorded $7K with a lien entry · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $1,960/year. Applying the same 1.3998% rate to the full assessed value would imply ~$9,803/year$7,843/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: ~$1,558/yr2017: ~$1,558/yr2018: ~$1,558/yr2019: ~$2,886/yr2020: ~$1,526/yr2021: ~$1,009/yr2022: ~$1,009/yr2023: ~$1,961/yr2024: ~$1,961/yr2025: ~$1,960/yr2026: ~$1,960/yr20162026
2026~$1,960/yrestimated from assessment

2026: ($700,300 assessed − $560,280 exempt) × 1.3998% ≈ $1,960/yr full-assessment scenario: $700,300 × 1.3998% ≈ $9,803/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
10
Bathrooms
3
Stories
3
Interior
3,030 sqft
livable area
Lot
1,302 sqft
Basement
Full, finished
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
C
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 1914 N Gratz 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.

$710K
20%
6.875%
$2K/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, $1,400/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

1914 N Gratz St sits on the 1900 block of N Gratz St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1912 N Gratz St  ·  1916 N Gratz St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 7:35 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)