Multi-family report

2026 Spring Garden St

4 stories · 14,000 sqft · RM1 · built 2021

Entity-held · assessed $3.4M (2026) · 2027 OPA assessment $3.4M · sold 2×. On the 2000 block of Spring Garden St.

Street view of 2026 Spring Garden 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$4,751/year

2026 taxable assessment $339,420 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $3,429,700; 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 881585252
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 $339,420 of $3,394,200 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$47,512/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

New construction

Record summary

$675K transfer recorded in 2019; new construction appears in a 2012 permit with a 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 $4,751/yr, while applying the same rate to the full assessment would imply about $47,512/yr — $42,761/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

If it is rented, verify the Rental License

The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.

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

Center City Properties LLC Company · corporate / LLC owner

• Tax bills mail to 728 S Broad St, Philadelphia PA, 19146
• 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
$3,394,200
2026 billed-year assessment · 2027: $3,429,700 · built 2021
Price / sq ft
$245
block $328 · below block
Assessment change
+283%
+13%/yr since 2016 · 2027 +1% vs 2026
Est. tax bill / yr
$4,751
0.14% effective, reduced taxable assessment
Jun 2022 tax snapshot
Times sold
2
latest deed has shared-name parties

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

$0$2.5M$5.0MZIP 19130 median$3.4M2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19130 medianAssessmentLand buyAppeal

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 record3 events · exact dates, newest first
  1. AppealBuilding standards appeal
  2. AppealZoning board appeal
  3. Land buyLand record $675K

The paper trail

$675K transfer recorded in 2019; new construction appears in a 2012 permit with a reduced taxable assessment shown.

  1. 2012 MechanicalPermitElectricalPermit
  2. 2013 PlumbingPermitSuppressionPermit
  3. 2018 ZoningPermit
  4. 2019 Appeal granted with conditionsZoningZoningPermitZoning/usePermit$675KLand transfer5 L&I violationsL&IL&I: 2 failed, 1 passedL&I visitAppeal filedZoning

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 3 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. AppealBuilding standards appeal

    Appeal 38208 · OPEN

    ON 07/29/2019, THE DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED A NOTICE OF REFUSAL FOR APPLICATION #991399.

  2. AppealZoning board appeal

    Appeal 35039 · OPEN · Granted with conditions

    PERMIT FOR THE LOT ADJUSTMENT TO CREATE TWO(2) PARCELS "PARCEL A" AND "PARCEL B" FROM ONE(1) OPA ACCOUNT ( 2026-28 SPRING GARDEN STREET) AS FOLLOWS: "PARCEL A": FOR THE ERECTION OF AN ATTACHED STRUCTURE (52'); ROOF DECK WITH THREE (3) PILO

  3. 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 · 2 zoning/board appeals on record · 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 $4,751/year. Applying the same 1.3998% rate to the full assessed value would imply ~$47,512/year$42,761/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: ~$12,520/yr2017: ~$12,520/yr2018: ~$12,520/yr2019: ~$14,188/yr2020: ~$4,319/yr2021: ~$4,319/yr2022: ~$4,319/yr2023: ~$4,319/yr2024: ~$4,319/yr2025: ~$4,751/yr2026: ~$4,751/yr20162026
2026~$4,751/yrestimated from assessment

2026: ($3,394,200 assessed − $3,054,794 exempt) × 1.3998% ≈ $4,751/yr full-assessment scenario: $3,394,200 × 1.3998% ≈ $47,512/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.

Stories
4
Interior
14,000 sqft
livable area
Lot
4,825 sqft
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
2
OPEN · 2019

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

Run the numbers

What owning 2026 Spring Garden 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 the area median. Assessed value is not an asking price — set the price slider to the real one.

$3.4M
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

2026 Spring Garden St sits on the 2000 block of Spring Garden St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2024 Spring Garden St  ·  2024 Spring Garden St

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 1:33 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. “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)