2026 taxable assessment $600,000 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $1,500,000; it is not the 2026 billed-year value.
House report
2417 Waverly St
4 bd · 1 ba · 3 stories · 1,494 sqft · RSA5 · built 2023
Owner-occupied · assessed $1.5M (2026) · 2027 OPA assessment $1.5M · sold 5×. On the 2400 block of Waverly St.
Property summary
Assessment$1,500,0002026 OPA assessment · 2027: $1,500,000
Last sale$1.5MRecorded 2023
Est. tax bill$8,399/year2026 taxable assessment · full-value scenario $20,997/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits14Every fetched City permit
Violations0 openNo historical match in fetched records
“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:
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 0811014002026 OPA taxes $600,000 of $1,500,000 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 recordTorn down & rebuilt
Why it mattersdemolished in 2022 and rebuilt (2022), then sold for $1.5M in 2023.
View supporting records →Legal due diligence
What this record proves—and what it does not.
These checks are triggered by this property’s actual City rows. They identify the controlling document to verify; they do not declare a use legal, a building safe, or title clear.
1 resolve before relying
2 verify
Resolve before relyingA permit row needs file-level verification3 permits not marked completed: DP-2021-000997 (Expired), GM-2022-002064 (Expired), PP-2021-019880 (Expired). At least one row also carries a completion date, so the City fields conflict.
Why it mattersIssued work is not the same as approved final work. L&I uses final inspections and required certifications to close construction permits; expired, withdrawn, and completed are different City statuses.
Verify nextOpen the permit file and confirm final inspections, holds, and any resulting occupancy certificate.
Open the controlling City guidance ↗VerifyFailed inspections are dated events—not the current condition1 failed, 1 passed, and 0 CLOSED investigation outcomes are in the fetched history; the latest dated visit was PASSED on Sep 26, 2006.
Why it mattersA PASSED or FAILED value applies to that inspection visit. CLOSED is a separate source status; none of the three alone proves the parent permit or violation case closed—or describes today’s condition.
Verify nextOpen the parent case/permit for each material failure and confirm its later disposition.
Open the controlling City guidance ↗VerifyA reduced taxable assessment is not a verified abatementOPA’s numeric assessment fields show a reduced taxable assessment; BlockReport has no official program determination for this parcel.
Why it mattersThe numeric treatment can reflect an improvement abatement or another exemption. It does not identify the ordinance, approval, start or end date, or continuation requirements after a transfer. Once OPA verifies a specific active abatement, many common programs attach the benefit to the property for the remaining term rather than ending automatically at sale, but some require a new-owner filing and continued qualifying use or tax compliance.
Verify nextObtain the OPA exemption/abatement determination and history, then underwrite the buyer’s bill from the verified program terms.
Open the controlling City guidance ↗Closing file: checks no public-record summary can replace5 documents/searches to assign before settlement
Property Sales Certification
The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.
Next: Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.
Official guidance ↗Date-effective City Property Payoff
The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.
Next: Request the City statement effective through settlement; read every period and invoice.
Official guidance ↗Professional title and water-lien searches
OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.
Next: Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.
Official guidance ↗Separate water-lien guidance ↗Seller-specific tax relief is not the buyer’s bill
LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.
Next: Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.
Official guidance ↗Separate water-lien guidance ↗Seller disclosure and independent inspections
For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections.
Next: Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.
Official guidance ↗Informational only—not a legal opinion, title report, code inspection, tax payoff, or substitute for a Pennsylvania lawyer, title company, inspector, or tax professional.
Records to verify together
Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.
Post-purchase work pattern
A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.
Evidence: purchase recorded in 2023 · permit activity in 2023
Limit: This does not show that the property is listed or that a sale is planned.
Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.
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 $8,399/yr, while applying the same rate to the full assessment would imply about $20,997/yr — $12,598/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.
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.
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
$1,500,000
2026 billed-year assessment · 2027: $1,500,000 · built 2023
Price / sq ft
$1004
block $656 · above block
Appreciation
+355%
+16%/yr, city 6.5%
In 5 years (~2031)
~$1.5M
+16%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$8,399
0.56% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
1.6%
≈$2K/mo rent
Times sold
5
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleTeardown
The paper trail
Torn down & rebuiltdemolished in 2022 and rebuilt (2022), then sold for $1.5M in 2023.
- 2022 New ConstructionPermitMinor DemolitionPermitFull DemolitionPermitInterior Non-Load-Bearing Wall Demo.PermitDemolishedTeardownNew ConstructionPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermit
- 2023 $1.5MSoldNew Construction or AdditionsPermit
City record timeline
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.
- Recorded owner
- Individual owner on record Analyst access to view
- L&I district
- CENTRAL WEST
- OPA account
- 081101400
- PermitNew Construction or Additions
Permit PP-2021-019882 · Completed
Plumbing Permit (Interior) for combo RP-2020-016127
- Recorded transfer$1.5M transfer
2023
- PermitNew Construction
Permit EP-2021-012377 · Completed
Electrical Permit for combo RP-2020-016127
- PermitNew Construction
Permit MP-2021-007006 · Completed
Mechanical / Fuel Gas Permit for combo RP-2020-016127
- PermitNew Construction or Additions
Permit PP-2021-019880 · Expired
Plumbing Permit (Water Distribution) for combo RP-2020-016127
- PermitNew Construction or Additions
Permit PP-2021-019881 · Completed
Plumbing Permit (Exterior Building Drainage) for combo RP-2020-016127
- PermitNew Construction
Permit FP-2022-002130 · Completed
INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13D THROUGHOUT AN EXISTING STRUCTURE. INSTALLATION TO INCLUDE 1" MAIN FIRE SERVICE LINE AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.
- PermitInterior Non-Load-Bearing Wall Demo.
Permit GM-2022-002064 · Expired
For minor construction work at the subject property in accordance with all applicable provisions of the Philadelphia Code, all references codes and standards, and the attached EZ Standard, where included. Deviation from this standard shall result in permit revocation. A separate permit from the Philadelphia Department of Streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the Philadelphia Building Code Chapter 33 shall be in place prior to start of work.
- PermitMinor Demolition
Permit DP-2022-000280 · Completed
FOR THE COMPLETE DEMOLITION OF AN EXISTING ATTACHED, TWO (2) STORY, VACANT RESIDENTIAL STRUCTURE BY HAND DEMOLITION ONLY. ALL PERMITTED DEMOLITION ACTIVITY TO BE IN ACCORDANCE WITH APPROVED SITE SAFETY DEMOLITION PLAN & SUCH PLAN TO BE MAINTAINED ON SITE AT ALL TIMES IN ACCORDANCE WITH PHILADELPHIA ADMINISTRATIVE CODE.ANY DEVIATION WILL REQUIRE AN AMENDED BUILDING PERMIT. PEDESTRIAN PROTECTION TO BE IN PLACE PRIOR TO START OF WORK AND TO BE MAINTAINED DURING ALL DEMOLITION ACTIVITIES. * A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN 5.5 FEET OF BUILDING FACADES IN ACCORDANCE WITH SECTION 3306 OF THE IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMITS ARE REQUIRED. IF FIELD CONDITIONS VARY CONTACT DESIGN PROFESSIONAL PRIOR TO THE START OF ANY WORK.
- PermitFull Demolition
Permit ZP-2022-001917 · Issued
FOR THE COMPLETE DEMOLITION OF ALL STRUCTURES ON THE LOT.
- PermitNew Construction
Permit RP-2020-016127 · Completed
FOR THE ERECTION OF A LIGHT-FRAMED STRUCTURE WITH EXISTING FOUNDATION SYSTEM, TO INCLUDE ROOF DECK, ACCESS PILOT HOUSE, EGRESS WINDOW WELL, ENGINEERED BRACING CONFIGURATION, AND SPRAY-FOAM/RIGID/BATT INSULATION INSTALLATIONS. (IRC 2015) **SEPARATE PERMITS TO BE REQUIRED FOR ELECTRICAL, MECHANICAL, PLUMBING, AND FIRE SUPPRESSION SYSTEM INSTALLATIONS.** 2022/11/4 AMENDMENT: AMEND ORIGINAL NEW CONSTRUCTION PERMIT WITH NEW INTERIOR LAYOUT, STRUCTURE FRAMING AND DECREASE THE SIZE OF ROOF DECK ACCESS PILOT HOUSE. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN PROFESSIONAL PRIOR TO THE START OF ANY WORK. SEPARATE PERMITS TO BE OBTAINED FOR ALL OTHER WORK.
- PermitNew construction, addition, GFA change
Permit ZP-2020-010417 · Completed
FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH ROOF DECK AND ROOF DECK ACCESS STRUCTURE (TO ENCLOSE STAIRS AND LANDINGS ONLY). SIZE AND LOCATION AS SHOWN ON PLANS. AMENDMENT ISSUED ON 10/11/2022 TO DOCUMENT THE SIZE CHANGE OF ROOF DECK ACCESS STRUCUTRE.
- PermitMinor Demolition
Permit DP-2021-000997 · Expired
FOR THE COMPLETE DEMOLITION OF AN EXISTING, ATTACHED TWO (2) STORY STRUCTURE. STRUCTURE TO BE DEMOLISHED BY HAND AND WITH HAND HELD TOOLS ONLY. PEDESTRIAN PROTECTION TO BE IN PLACE PRIOR TO START OF WORK AND TO BE MAINTAINED DURING ALL DEMOLITION ACTIVITIES. * A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN 7 FEET OF BUILDING FA?ADE IN ACCORDANCE WITH SECTION 3306 OF THE IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMITS ARE REQUIRED. * 21 DAY POSTING AND NOTICE REQUIRED PER A-303.2 * NEWLY EXPOSED WALLS TO BE TREATED
- PermitFull Demolition
Permit ZP-2021-005285 · Issued
FOR THE COMPLETE DEMILITION OF ALL EXISTING STRUCTURE ON LOT
- PermitAlterations
Permit PP-2021-008903 · Completed
Seal lateral
- InvestigationZP_ZONING
Case 75469 · PASSED
- InvestigationZP_ZONING
Case 75469 · FAILED
Flags: material assessment exemption — legal basis and term unverified. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $8,399/year. Applying the same 1.3998% rate to the full assessed value would imply ~$20,997/year — $12,598/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: ($1,500,000 assessed − $899,986 exempt) × 1.3998% ≈ $8,399/yr
full-assessment scenario: $1,500,000 × 1.3998% ≈ $20,997/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
4
Bathrooms
1
Stories
3
Interior
1,494 sqft
livable area
Lot
700 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
Quality grade
C+
assessor's grade
ABCDE
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 2417 Waverly 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.
When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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
2417 Waverly St sits on the 2400 block of Waverly St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2415 Waverly St · 2419 Waverly 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, 7:22 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)