The Block Report

House report

2123 Pierce St

3 bd · 1 ba · 2 stories · 922 sqft · RSA5 · built 1920

Investor / LLC · assessed $168K (2026) · 2027 OPA assessment $176K · sold 5×. On the 2100 block of Pierce St.

Property summary

Assessment$167,6002026 OPA assessment · 2027: $175,500 Last sale$53KRecorded 2016 Est. tax bill$2,346/year2026 taxable assessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits4Every fetched City permit Violations0 open6 historical across 3 cases

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 2123 Pierce 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$2,346/year

2026 taxable assessment $167,600 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $175,500; 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 363152600
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

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 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 buying

Built 1920: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

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’re the landlord

Lead certificate is not optional

Built 1920: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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

City Block Acquisition V · corporate / LLC owner

• Owns 33 properties across Philadelphia under this name, assessed at $4.9M combined
• Tax bills mail to Po Box 29332, Philadelphia PA, 19123
• Holds an active rental license for this address

PA corporate registry ↗OpenCorporates ↗City record ↗

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 record to dig into any number.

Assessed value
$167,600
2026 billed-year assessment · 2027: $175,500 · built 1920
Price / sq ft
$190
block $190 · in line w/ block
Appreciation
+145%
+9%/yr, city 6.5%
In 5 years (~2031)
~$176K
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$2,346
1.34% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
-4558404.6%
≈$-667M/mo rent
Times sold
5
licensed rental

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

$0$100K$200KBefore this chart — 2007: L&I: 1 failed, 2 passed 2008: Sold $55K 2009: L&I violation 2009: L&I: 1 failed, 1 passed2016: Sold $53K 2016: Major alteration 2016: Mechanical 2016: Electrical 2016: Plumbing2018: L&I violation 2018: Inspection failed2019: Inspection passed$168K201620182020202220242026
This houseBlock median & rangeSaleL&I violationPermitInspection
Highlight

The paper trail

Improved

Bought for $55K in 2008. Owner pulled a plumbing permit in 2016.

  1. 2007 L&I: 1 failed, 2 passedL&I visit
  2. 2008 $55KSold
  3. 2009 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  4. 2016 $53KSoldMajor alterationPermitMechanicalPermitElectricalPermitPlumbingPermit
  5. 2018 L&I violationL&IInspection failedL&I visit
  6. 2019 Inspection passedL&I visit

Every dated deed, permit, inspection, license, violation, certification, and appeal—together.

The timeline combines the report’s transfer history with every successfully fetched L&I and zoning row. A date or status is the City’s filed record, not a statement that the condition remains current; use the official file for live detail.

Open the City record ↗
Recorded owner
City Block Acquisition V
L&I district
CENTRAL WEST
OPA account
363152600

What this record suggests

The City file documents 4 permits touching kitchen work, bathroom work, electrical work, plumbing. 4 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

  1. InvestigationHCEU INSP

    Case 645920 · PASSED

  2. ViolationPLUMB SYS-SANITARY MAINTENA

    Case 645920 · Violation 4752322 · COMPLIED

  3. InvestigationHCEU INSP

    Case 645920 · FAILED

  4. PermitPlumbing

    Permit 723497 · COMPLETED

    INSTALL NEW STACKS,FULL BATHROOM,HALF BATHROOM,1-KITCHEN SINK AND 1-LAUNDRY TUB.THE INSTALLATION WILL COMPLY WITH THE PHILADEPHIA PLUBMING CODE 2004

  5. PermitElectrical

    Permit 709574 · COMPLETED

    INSTALL 100A SERVICE, 22- RECEPTACLES, 13- SWITCHES, 10- FIXTURES, 3- PULL CHAINS, 6- SMOKE DETECTORS... IN ACCORDANCE WITH 2008 NEC FOR A ONE FAMILY BUILDING

  6. PermitMechanical

    Permit 720182 · COMPLETED

    INSTALL 1 HVAC UNIT WITH DUCTWORK (SFD)

  7. PermitMajor alteration

    Permit 715850 · COMPLETED

    EZ STANDARD EZ PERMIT STADARD ALTERATIONS- FOR ALTERATIONS TO AN EXISTING ONE FAMILY DWELLING AS PER ATTACHED STANDARD. DEVIATIONS FROM THIS STANDARD WILL RESULT IN PERMIT REVOCATION AND REQUIRE SUBMISSION OF CONSTRUCTION PLANS. INTERIOR RENOVATION - SEPARATE PERMITS REQUIRED FOR HVAC, ETC.

  8. LicenseRental

    License 711572 · Active

    CITY BLOCK ACQUISITIONS V · Expires 2026-08-17

  9. Recorded transfer$53K transfer

    2016

  10. LicenseRental

    License 490890 · Inactive

    ,DAWSON KATHERINE DAWSON DONTAI · Expires 2015-02-28 · Inactive 2015-04-29

  11. InvestigationCSUINITIAL

    Case 216017 · PASSED

  12. ViolationWALL PARTIALLY COLLAPSED

    Case 216017 · Violation 1516896 · ERROR

  13. InvestigationCSUINITIAL

    Case 216017 · FAILED

  14. Recorded transfer$55K transfer

    2008

  15. InvestigationHCEU INSP

    Case 101888 · PASSED

  16. ViolationHEAT GAS SYSTEM DEFECTIVE-RES

    Case 101888 · Violation 493955 · COMPLIED

  17. ViolationINT-WATER HEATING SYSTEM-RES

    Case 101888 · Violation 493954 · COMPLIED

  18. ViolationPROSEC- STD INFO

    Case 101888 · Violation 493957 · COMPLIED

  19. ViolationPROSEC- EMERG IMMED RI

    Case 101888 · Violation 493956 · COMPLIED

  20. InvestigationHCEU INSP

    Case 101888 · FAILED

  21. InvestigationHCEU INSP

    Case 95300 · PASSED

  22. InvestigationHCEU INSP

    Case 95300 · FAILED

  23. LicenseRental

    License 354206 · Inactive

    KIM KELLAM (CENTER CITY REALESTATE AGT) · Expires 2009-02-28 · Inactive 2012-12-22

How Philadelphia’s property system works

These explainers are free because the record only helps if you know what it can—and cannot—prove. Use the linked City guidance for the controlling rule.

Permits and inspections 4 on this property

This property’s file includes BP_ALTER, BP_MECH, EP_ELECTRL, PP_PLUMBNG permit records. A permit documents authorized scope and a City process; it is not by itself proof that every described improvement was completed, remains in place, or meets today’s condition expectations.

L&I inspections are scheduled at defined stages; final inspection and required certifications are separate steps in closing out applicable work.

How construction and repair permits work ↗See City inspection stages by permit type ↗
Assessments and taxes

The OPA assessment is the City’s value on the tax roll—not an asking price, appraisal, or live account balance. The taxable assessment can differ from the full assessment because the City roll records exemptions or other treatment; the report keeps those fields separate.

Your annual estimate uses the taxable assessment. Payments, credits, interest, and the amount due are maintained separately in Tax Center.

How the Office of Property Assessment works ↗Philadelphia property-tax guidance ↗
Violations, cases, and status check current status

An open row is a dated City status, not a diagnosis of current condition or a conclusion about the property. Read the case, notice, and any subsequent inspection together, then verify the live file.

How L&I code enforcement works ↗City violation and order types ↗

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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
922 sqft
livable area
Lot
653 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
No
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
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 2123 Pierce 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.

$176K
20%
6.875%
$700/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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

2123 Pierce St sits on the 2100 block of Pierce St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2121 Pierce St  ·  2125 Pierce St

Where this comes from
Methodology & freshness

This report was assembled Jul 10, 2026, 9:07 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)