2026 taxable assessment $109,000 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $868,600; it is not the 2026 billed-year value.
Multi-family report
1932 S 7th St
6 bd · 6 ba · 3 stories · 2,490 sqft · CMX2 · built 2021
Investor / LLC · assessed $545K (2026) · 2027 OPA assessment $869K · 3 licensed units · sold 1×. On the 1900 block of S 7th St.
BlockReport AI · cited public records
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Property summary
Assessment$545,0002026 OPA assessment · 2027: $868,600
Last sale$60KRecorded 2018
Est. tax bill$1,526/year2026 taxable assessment · full-value scenario $7,629/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits6Every fetched City permit
Violations0 openNo historical match in fetched records
“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:
Property tax
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.
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 3930000052026 OPA taxes $109,000 of $545,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →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
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
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 recordNew construction
Why it mattersBought for $60K in 2018, built new under a 2019 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 $1,526/yr, while applying the same rate to the full assessment would imply about $7,629/yr — $6,103/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.
Who's behind it
Foundations Property Mana · corporate / LLC owner
• Owns 5 properties across Philadelphia under this name, assessed at $4.0M combined
• Tax bills mail to 1528 Wharton St, Philadelphia PA, 19146
• Holds an active rental license for this address
The investment read
How this building has moved and where it's pointed: every fetched annual City assessment, charted against its block and ZIP; appreciation includes the full-period compound rate and the latest year-over-year change. The 5-year figure simply extends that historical pace. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.
Assessed value
$545,000
2026 billed-year assessment · 2027: $868,600 · built 2021
Price / sq ft
$349
block $161 · above block
Appreciation
+1784%
+80%/yr since 2022 · 2027 +59% vs 2026
In 5 years (~2032)
~$16M
+80%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,526
0.18% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
2.3%
≈$2K/mo rent
Times sold
1
licensed rental
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2022$46K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$134K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$134K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$545K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$545K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$869K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Land buy · 2018Land record $60KA land-record event associated with this parcel. Review the recorded instrument to determine whether it reflects a conveyance, parcel change, or another filing.How to read the recorded document ↗
- Permit · 2019-09-26New ConstructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2020-01-02Amend for conversionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2020-09-14New ConstructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2020-09-10New Construction or AdditionsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- License · 2021-04-14RentalA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
Property assessmentBlock median & rangeZIP 19148 medianAssessmentLand buyPermitLicense
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 record6 events · exact dates, newest first
- LicenseRental
- PermitNew Construction
- PermitNew Construction or Additions
- PermitAmend for conversion
- PermitNew Construction
- Land buyLand record $60K
The paper trail
New constructionBought for $60K in 2018, built new under a 2019 permit (reduced taxable assessment shown).
- 2018 $60KLand buy
- 2019 New ConstructionPermitNew ConstructionPermit
- 2020 Amend for conversionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermit
Records behind the chart
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.
Browse 8 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- LicenseRental
License 866011 · Active
Foundations Property Management LLC · Expires 2027-04-13
- PermitNew Construction
Permit MP-2020-003628 · Completed
EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES.
- PermitNew Construction or Additions
Permit PP-2020-004248 · Completed
Install the following: (3) Tubs, (3) showers, (7) toilets, (9) Lavs, (3) Washer, (3) Kitchen Sink. Install house drain, house trap, FAI, stack, hot water heater & (3) 1” Combo
- PermitNew Construction
Permit EP-2020-002323 · Completed
Install new fire alarms as per NFPA 72. Install a 300 AMP electrical service. Wire throughout a three family dwelling: switches, receptacles, lights, TV's. phones, emergency lights, and interconnected CO/smoke detectors as per plans (5 pages) and 2017 NEC.
- PermitAmend for conversion
Permit 1031953 · Completed
FOR AN AMENDMENT TO PERMIT # 953413 TO INCLUDE UNDERPINNING AS PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN PROFESSIONAL PRIOR TO THE START OF ANY WORK. NO OTHER WORK THIS PERMIT.
- PermitNew Construction
Permit 1005911 · Completed
FOR THE INSTALLATION OF AN AUTOMATIC FIRE SUPPRESSION SYSTEM IN ACCORDANCE NFPA 13R IN NEW FOUR STORY BUILDING TO INCLUDE BACKFLOW PREVENTION ASSEMBLY, AND 2-INCH FIRE SERVICE LINE AS PER APPROVED PLANS.
- PermitNew Construction
Permit 953413 · Completed
FOR THE ERECTION OF A FOUR STORY ATTACHED BUILDING WITH ROOF DECK AND PILOTHOUSE TO BE USED AS THREE (3) DWE4LLUNG UNITS. BUILDING TO BE FULLY SPRINKLERED IN ACCORDANCE WITH NFPA 13R. FOR ISSUANCE OF CERTIFICATE OF OCCUPANCY. ALL WORK TO BE DONE IN ACCORDANCE WITH APPROVED PLANS. SEPARATE PERMITS REQUIRED FOR ALL M.E.P. AND FIRE SUPPRESSION WORK. ** 2009 IBC **
- Land recordLand record
2018
What this record suggests
The City file documents 6 permits touching kitchen work, electrical work, plumbing, roof work. 6 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Flags: material assessment exemption — legal basis and term unverified · active rental license. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $1,526/year. Applying the same 1.3998% rate to the full assessed value would imply ~$7,629/year — $6,103/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.
2026: ($545,000 assessed − $435,984 exempt) × 1.3998% ≈ $1,526/yr
full-assessment scenario: $545,000 × 1.3998% ≈ $7,629/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
6
Bathrooms
6
Stories
3
Interior
2,490 sqft
livable area
Lot
1,120 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
CMX2
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 1932 S 7th 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 3 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.
When this house last sold (2018) a 30-year mortgage ran about 4.54% — 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, $2,100/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
1932 S 7th St sits on the 1900 block of S 7th St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 1930 S 7th St · 1934 S 7th St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 10, 2026, 11:28 AM 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. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “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)