House report

2317 E Letterly St

3 bd · 2 ba · 3 stories · 1,778 sqft · RSA5 · built 1875

Owner-occupied · assessed $459K (2026) · 2027 OPA assessment $490K · sold 2×. On the 2300 block of E Letterly 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 2317 E Letterly 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$3,131/year

2026 taxable assessment $223,674 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $489,500; 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 313238500
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 $223,674 of $459,400 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$6,431/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 $5,115.28 and a lien entry. It is shown as historical context only.

2008$915.76 total · $418.88 principal · $307.87 interest · $29.32 penalty2014$271.28 total · $112.31 principal · $23.03 interest · $7.86 penalty2015$1,933.42 total · $1,478.53 principal · $155.25 interest · $103.50 penalty2016$1,994.82 total · $1,751.43 principal · $26.27 interest · $17.51 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

New construction

Why it matters

Bought for $130K in 2019, built new under a 2019 permit (reduced taxable assessment shown), sold for $443K in 2020.

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 $3,131/yr, while applying the same rate to the full assessment would imply about $6,431/yr — $3,300/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.

Built 1875: 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 own it

Verify which assessment relief applies

OPA shows a material assessment exemption, but this record does not identify its legal basis or transfer treatment. Ask OPA for the approval history; if the current treatment ends, an eligible owner-occupant may need to apply separately for Homestead relief.

$5,115 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

Lead certificate is not optional

Built 1875: 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.

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
$459,400
2026 billed-year assessment · 2027: $489,500 · built 1875
Price / sq ft
$275
block $280 · in line w/ block
Appreciation
+350%
+15%/yr, city 6.5%
In 5 years (~2031)
~$493K
+15%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$3,131
0.64% effective, reduced taxable assessment
Jun 2022 tax snapshot
Gross yield
3.5%
≈$1K/mo rent
Times sold
2
licensed rental

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

$0$250K$500K2019: 7 L&I violations 2019: Sold $130K 2019: L&I: 4 failed, 2 passed 2019: Interior Non-Load-Bearing Wall Demo. 2019: Zoning2020: Addition and/or Alteration 2020: Alterations 2020: New Construction 2020: Addition and/or Alterations 2020: Sold $443K2024: Addition and/or Alteration$490K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $130K in 2019, built new under a 2019 permit (reduced taxable assessment shown), sold for $443K in 2020.

  1. 2019 7 L&I violationsL&I$130KSoldL&I: 4 failed, 2 passedL&I visitInterior Non-Load-Bearing Wall Demo.PermitZoningPermit
  2. 2020 Addition and/or AlterationPermitAlterationsPermitNew ConstructionPermitAddition and/or AlterationsPermit$443KSold
  3. 2024 Addition and/or AlterationPermit

Flags: material assessment exemption — legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $5K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $3,131/year. Applying the same 1.3998% rate to the full assessed value would imply ~$6,431/year$3,300/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: ~$1,523/yr2017: ~$1,523/yr2018: ~$1,523/yr2019: ~$2,111/yr2020: ~$2,275/yr2021: ~$2,275/yr2022: ~$2,275/yr2023: ~$3,131/yr2024: ~$3,131/yr2025: ~$3,131/yr2026: ~$3,131/yr20162026
2026~$3,131/yrestimated from assessment

2026: ($459,400 assessed − $235,725 exempt) × 1.3998% ≈ $3,131/yr full-assessment scenario: $459,400 × 1.3998% ≈ $6,431/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
3
Bathrooms
2
Stories
3
Interior
1,778 sqft
livable area
Lot
980 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
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 2317 E Letterly 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.

$490K
20%
6.875%
$1K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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 with an optional full-assessment stress test, not a live Tax Center balance.

Block context

2317 E Letterly St sits on the 2300 block of E Letterly St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2315 E Letterly St  ·  2319 E Letterly St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 9:29 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)