The Block Report

House report

2427 Waverly St

3 bd · 3 ba · 3 stories · 2,130 sqft · RSA5 · built 2017

Owner-occupied · assessed $1.4M (2026) · 2027 OPA assessment $1.4M · sold 2×. On the 2400 block of Waverly St.

Property summary

Assessment$1,353,8002026 OPA assessment · 2027: $1,353,800 Last sale$1.5MRecorded 2021 Est. tax bill$3,790/year2026 taxable assessment · full-value scenario $18,950/year · basis and term unverified Tax delinquencyNo 2022 matchNot proof account is current Permits12Every 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

Ask the questions this record raises.

Every choice opens the research chat with this property already in context. Curated questions are free.

Opens the research chat · 3 custom questions per browser
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:

Street view of 2427 Waverly 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$3,790/year

2026 taxable assessment $270,760 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $1,353,800; 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 081101900
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 $270,760 of $1,353,800 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$18,950/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

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records a balance and a lien entry. It is shown as historical context only.

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

Torn down & rebuilt

Why it matters

demolished in 2018 and rebuilt (2017), then sold for $1.5M in 2021.

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 $3,790/yr, while applying the same rate to the full assessment would imply about $18,950/yr — $15,160/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
$1,353,800
2026 billed-year assessment · 2027: $1,353,800 · built 2017
Price / sq ft
$636
block $656 · in line w/ block
Appreciation
+304%
+15%/yr, city 6.5%
In 5 years (~2031)
~$1.4M
+15%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$3,790
0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
1.7%
≈$2K/mo rent
Times sold
2

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

$0$1.0M$2.0M2016 OPA assessment: $335K2017 OPA assessment: $335K2018 OPA assessment: $335K2019 OPA assessment: $1.1M2020 OPA assessment: $1.1M2021 OPA assessment: $1.1M2022 OPA assessment: $1.1M2023 OPA assessment: $1.1M2024 OPA assessment: $1.1M2025 OPA assessment: $1.4M2026 OPA assessment: $1.4M2008 — 2008-02-20: Plumbing2017 — 2017-11-09: Demolition · 2017-11-09: Zoning/use · 2017-07-31: Plumbing · 2017-08-30: New construction2018 — Demolished · 2018-05-07: Mechanical · 2018-05-14: Electrical · 2018-06-01: Plumbing · 2018-12-13: Suppression · 2018-08-22: PERMP- WK DOES NOT CONFORM · 2018-08-22: UNAPPROVED USED MAT'L ETC · 2018-12-13: PERMB- INSTALL FIRE SUPP SYS · 2018-12-13: PENALTY- NO BLDG PERM INFO · 2018-03-15: PERMB- WK DONE W/O NOTIFY INSP · 2018-03-15: COMPL CONCEAL- BLDG PERM WORK · 2018-12-18: BP_BLDG2021 — Deed / sale $1.5M$1.4M2008201120142017202020232026
This propertyBlock median & rangeDeed / saleTeardownL&I violationPermitInspection
Deed / sale $1.5M
Highlight
Every dated record18 events · scroll to browse
  1. Deed / saleDeed / sale $1.5M
  2. InspectionBP_BLDG
  3. PermitSuppression
  4. L&I violationPERMB- INSTALL FIRE SUPP SYS
  5. L&I violationPENALTY- NO BLDG PERM INFO
  6. L&I violationPERMP- WK DOES NOT CONFORM
  7. L&I violationUNAPPROVED USED MAT'L ETC
  8. PermitPlumbing
  9. PermitElectrical
  10. PermitMechanical
  11. L&I violationPERMB- WK DONE W/O NOTIFY INSP
  12. L&I violationCOMPL CONCEAL- BLDG PERM WORK
  13. TeardownDemolished
  14. PermitDemolition
  15. PermitZoning/use
  16. PermitNew construction
  17. PermitPlumbing
  18. PermitPlumbing

The paper trail

Torn down & rebuilt

demolished in 2018 and rebuilt (2017), then sold for $1.5M in 2021.

  1. 2017 Zoning/usePermitNew constructionPermitZoning/usePermitDemolitionPermit
  2. 2018 DemolishedTeardownMechanicalPermitElectricalPermitPlumbingPermit6 L&I violationsL&IL&I: 2 failed, 2 passedL&I visitSuppressionPermit
  3. 2021 $1.5MSold

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 23 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$1.5M transfer

    2021

  2. InvestigationBP_BLDG

    Case 667032 · PASSED

    The cited inspection visit was marked passed.

  3. PermitSuppression

    Permit 874536 · COMPLETED

    FOR THE INSTALLATION OF A TWO (2) INCH FIRE SERVICE LINE WITH A TWO (2) INCH BACKFLOW PREVENTER AND AUTOMATIC FIRE SUPPRESSION SYSTEM AS PER NFPA 13R. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS/HYDRAULIC CALCULATIONS.

  4. ViolationPERMB- INSTALL FIRE SUPP SYS

    Case 667032 · Violation 4898453 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  5. ViolationPENALTY- NO BLDG PERM INFO

    Case 667032 · Violation 4898454 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  6. InvestigationBP_BLDG

    Case 667032 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  7. InvestigationBP_BLDG

    Case 650920 · PASSED

    The cited inspection visit was marked passed.

  8. ViolationPERMP- WK DOES NOT CONFORM

    Case 650920 · Violation 4785840 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  9. ViolationUNAPPROVED USED MAT'L ETC

    Case 650920 · Violation 4785839 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  10. InvestigationBP_BLDG

    Case 650920 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  11. PermitPlumbing

    Permit 881888 · COMPLETED

    CURB TRAP,FAI,1" WATER SERVICE AND 11 FIXTURES (SFD)THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004"SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"

  12. PermitElectrical

    Permit 875993 · COMPLETED

    NEW CONSTRUCTION: LIGHTS, SWITCHES, RECEPTACLES,SMOKE AND C/O ALARMS, NEW 200A SERVICE WITH GROUNDING AND A 30- POSITION CIRCUT PANEL... IN ACCORDANCE WITH 2008 FOR A ONE FAMILY BUILDING

  13. PermitMechanical

    Permit 874098 · COMPLETED

    INSTALL 2 HVAC UNITS WITH DUCTWORK (SFD)

  14. ViolationPERMB- WK DONE W/O NOTIFY INSP

    Case 804790 · Violation 4623134 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. ViolationCOMPL CONCEAL- BLDG PERM WORK

    Case 804790 · Violation 4623135 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  16. PermitZoning/use

    Permit 809761 · COMPLETED

    FOR THE COMPLETE DEMOLITION OF AN EXISTING STRUCTURE. USE REGISTRATION PERMIT REQUIRED PRIOR TO USE OF LOT.

  17. PermitDemolition

    Permit 809756 · COMPLETED

    FOR THE COMPLETE DEMOLITION OF AN EXISTING, ATTACHED, TWO (2) STORY STRUCTURE. STRUCTURE TO BE DEMOLISHED BY HAND AND WITH HAND HELD TOOLS ONLY. TEMPORARY BRACING REQUIRED PER ENGINEER'S REPORT AND PLANS. PEDESTRIAN PROTECTION TO BE IN PLACE PRIOR TO START OF WORK AND TO BE MAINTAINED DURING ALL DEMOLITION ACTIVITIES. DEMOLITION TO BEGIN WITHIN 10 DAYS. * A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN 6 FEET OF BUILDING FAÇADE IN ACCORDANCE WITH SECTION 3306 OF THE IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMITS ARE REQUIRED. * 21 DAY POSTING AND NOTICE REQUIRED * NEWLY EXPOSED WALLS TO BE TREATED

  18. PermitZoning/use

    Permit 804791 · COMPLETED

    FOR THE ERECTION OF A FOUR STORY SINGLE FAMILY DWELLING WITH ROOF DECK ACCESSED BY PILOT HOUSE (TO CONTAIN STAIRS AND LANDING ONLY)

  19. PermitNew construction

    Permit 804790 · COMPLETED

    FOR THE ERECTION OF A FOUR STORY SINGLE FAMILY DWELLING WITH ROOF DECK ACCESSED BY PILOT HOUSE (TO CONTAIN STAIRS AND LANDING ONLY)

  20. PermitPlumbing

    Permit 804234 · EXPIRED

    SEALING LATERAL PA20172080574(SFD)"SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"

  21. PermitZoning/use

    Permit 795230 · COMPLETED

    FOR THE ERECTION OF A (4) FOUR STORY, SFD WITH PILOT HOUSE (NOT TO SUCCEED 90 SF) AND ROOF DECK, AS FOR PLANS.

  22. PermitDemolition

    Permit 774511 · COMPLETED

    EZ INTERIOR DEMOLITION- FOR THE INTERIOR DEMOLITION OF NON LOAD-BEARING PARTITION WALLS AND CEILINGS AS PER ATTACHED STANDARD. DEVIATIONS FROM THIS STANDARD WILL RESULT IN PERMIT REVOCATION AND REQUIRE SUBMISSION OF CONSTRUCTION PLANS.

  23. PermitPlumbing

    Permit 133633 · COMPLETED

    SUPPLY AND INSTALL NEW CURB TRAP AND FAI

What this record suggests

The City file documents 12 permits touching electrical work, plumbing, roof work. 11 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 · historical tax ledger through 2016 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 $3,790/year. Applying the same 1.3998% rate to the full assessed value would imply ~$18,950/year — $15,160/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: ~$4,269/yr2017: ~$4,269/yr2018: ~$4,689/yr2019: ~$4,262/yr2020: ~$4,262/yr2021: ~$4,262/yr2022: ~$4,262/yr2023: ~$3,202/yr2024: ~$3,202/yr2025: ~$3,790/yr2026: ~$3,790/yr20162026
2026~$3,790/yrestimated from assessment

2026: ($1,353,800 assessed − $1,083,047 exempt) × 1.3998% ≈ $3,790/yr full-assessment scenario: $1,353,800 × 1.3998% ≈ $18,950/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
3
Stories
3
Interior
2,130 sqft
livable area
Lot
750 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
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 2427 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.

$1.4M
20%
6.875%
$2K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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

2427 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: 2425 Waverly St  ·  2429 Waverly St

Where this comes from
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)