The Block Report

Multi-family report

2430 Waterloo St

4 bd · 4 ba · 3 stories · 2,084 sqft · RSA5 · built 2021

Owner-occupied · assessed $511K (2026) · 2027 OPA assessment $604K · 2 licensed units · sold 3×. On the 2400 block of Waterloo St.

Property summary

Assessment$510,6002026 OPA assessment · 2027: $603,900 Last sale$475KRecorded 2023 Est. tax bill$1,429/year2026 taxable assessment · full-value scenario $7,147/year · basis and term unverified Tax delinquencyNo 2022 matchNot proof account is current Permits7Every fetched City permit Violations0 open12 historical across 6 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 2430 Waterloo 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$1,429/year

2026 taxable assessment $102,100 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $603,900; 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 191051500
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 $102,100 of $510,600 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$7,147/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

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
Finding

New construction

Why it matters

Bought for $60K in 2020, built new under a 2020 permit (reduced taxable assessment shown), sold for $475K in 2023.

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 $1,429/yr, while applying the same rate to the full assessment would imply about $7,147/yr — $5,718/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.

2 units and RSA5 zoning need reconciliation

The assessment or license record describes multiple units while the zoning district is generally single-family. That does not establish whether the use is lawful, nonconforming, abandoned, or incorrectly coded. Verify the registered use and Certificate of Occupancy with L&I before pricing multiple rents.

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.

If you’re the landlord

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 building 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
$510,600
2026 billed-year assessment · 2027: $603,900 · built 2021
Price / sq ft
$290
block $171 · above block
Appreciation
+17507%
+68%/yr, city 6.5%
In 5 years (~2031)
~$625K
+68%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,429
0.24% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
1.5%
≈$769/mo rent
Times sold
3
licensed rental

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

$0$500K$1.0M2016 OPA assessment: $3K2017 OPA assessment: $13K2018 OPA assessment: $13K2019 OPA assessment: $13K2020 OPA assessment: $13K2021 OPA assessment: $13K2022 OPA assessment: $511K2023 OPA assessment: $511K2024 OPA assessment: $511K2025 OPA assessment: $511K2026 OPA assessment: $511K2008 — 2008-03-11: CLIP VIOLATION NOTICE · 2008-03-11: VACANT LOT KEEP CLEAN GET LIC2011 — 2011-11-05: CLIP VIOLATION NOTICE · 2011-02-07: VACANT LOT STANDARD · 2011-11-05: EXT A-VACANT LOT CLEAN/MAINTAI2018 — 2018-05-15: Zoning/use · 2018-11-02: CLIP VIOLATION NOTICE · 2018-11-02: EXT A-VACANT LOT CLEAN/MAINTAI2019 — 2019-12-23: CLIP VIOLATION NOTICE · 2019-12-23: EXT A-VACANT LOT CLEAN/MAINTAI2020 — Land record $60K · 2020-10-23: New construction, addition, GFA change · 2020-10-20: EXTERIOR AREA WEEDS · 2020-10-20: VACANT STRUCTURE & LAND · 2020-11-05: L&I investigation2021 — 2021-01-04: New Construction · 2021-11-29: New Construction or Additions · 2021-01-25: L&I investigation2022 — 2022-03-23: New Construction2023 — Deed / sale $475K2024 — 2024-02-15: Rental$511K2008201120142017202020232026
This propertyBlock median & rangeDeed / saleLand buyL&I violationPermitInspectionLicense
2024-02-15: Rental
Highlight
Every dated record21 events · scroll to browse
  1. LicenseRental
  2. Deed / saleDeed / sale $475K
  3. PermitNew Construction
  4. PermitNew Construction or Additions
  5. InspectionL&I investigation
  6. PermitNew Construction
  7. InspectionL&I investigation
  8. PermitNew construction, addition, GFA change
  9. L&I violationEXTERIOR AREA WEEDS
  10. L&I violationVACANT STRUCTURE & LAND
  11. Land buyLand record $60K
  12. L&I violationCLIP VIOLATION NOTICE
  13. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  14. L&I violationCLIP VIOLATION NOTICE
  15. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  16. PermitZoning/use
  17. L&I violationCLIP VIOLATION NOTICE
  18. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  19. L&I violationVACANT LOT STANDARD
  20. L&I violationCLIP VIOLATION NOTICE
  21. L&I violationVACANT LOT KEEP CLEAN GET LIC

The paper trail

New construction

Bought for $60K in 2020, built new under a 2020 permit (reduced taxable assessment shown), sold for $475K in 2023.

  1. 2019 2 L&I violationsL&I
  2. 2020 2 L&I violationsL&IInspection failed ×2L&I visit$60KLand buyNew construction, addition, GFA changePermit
  3. 2021 New ConstructionPermitInspection passedL&I visitNew Construction or AdditionsPermit
  4. 2022 New ConstructionPermitNew ConstructionPermitNew ConstructionPermit
  5. 2023 $475KSold

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 24 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. LicenseRental

    License 944405 · Active

    Tiffany Patterson · Expires 2027-02-14

  2. Recorded transfer$475K transfer

    2023

  3. PermitNew Construction

    Permit EP-2022-002923 · Completed

    Install 200a, 1ph 120/240v main service. Install 3 gang meter module. Install all wiring throughout 2 family dwelling. Install cable tv wiring as per 2014 nec

  4. PermitNew Construction

    Permit MP-2022-000694 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES. (Installation of (2) 40,000 btu gas furnaces with 2 ton ac and all required duct work. All duct work will be self contained in each living space).

  5. PermitNew Construction

    Permit FP-2022-000187 · Completed

    FOR THE INSTALLATION OF AN AUTOMATIC WET SPRINKLER SYSTEM THROUGHOUT A THREE (3) STORY TWO-FAMILY DWELLING TO INCLUDE TWO (2) ONE-INCH COMBINED DOMESTIC & FIRE SERVICE LINES. ALL WORK TO BE DONE PER APPROVED PLANS AND IN ACCORDANCE WITH NFPA 13D BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA. IF SITE CONDITIONS VARY, CONTACT DESIGN ENGINEER PRIOR TO START OF WORK. SEE RP-2020-015052 FOR ASSOCIATED BUILDING PERMIT.

  6. PermitNew Construction or Additions

    Permit PP-2021-022607 · Completed

    Water Distribution, inlet, curb trap, house drain Kitchen, laundry, hot water heater water closet, lavs, showers

  7. InvestigationL&I investigation

    Case CF-2020-073730 · PASSED

    The cited inspection visit was marked passed.

  8. PermitNew Construction

    Permit RP-2020-015052 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE FOR USE AS TWO-FAMILY HOUSEHOLD LIVING. SHEETING AND SHORING AS PRESCRIBED IN GEOTECH REPORT. SEPARATE PERMITS REQUIRED FOR SPRINKLER (13d) WORK. ENERGY CODE COMPLIANCE IN ACCORDANCE WITH 2018 IECC. PRIOR TO ISSUANCE OF C/O SUBMITTAL OF AIR BARRIER CHECKLIST AND ENVELOPE TESTING CERTIFICATE IS REQUIRED. BOTH TO BE COMPLETED BY AN APPROVED PARTY.

  9. InvestigationL&I investigation

    Case CF-2020-073730 · FAILED

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

  10. PermitNew construction, addition, GFA change

    Permit ZP-2020-007672 · Completed

    Erection of An Attached Structure with roof access structure.

  11. ViolationEXTERIOR AREA WEEDS

    Case CF-2020-073730 · Violation VI-2020-043073 · COMPLIED

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

  12. ViolationVACANT STRUCTURE & LAND

    Case CF-2020-073730 · Violation VI-2020-043074 · COMPLIED

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

  13. Land recordLand record

    2020

  14. ViolationCLIP VIOLATION NOTICE

    Case 719778 · Violation 5275204 · COMPLIED

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

  15. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 719778 · Violation 5275205 · COMPLIED

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

  16. ViolationCLIP VIOLATION NOTICE

    Case 662255 · Violation 4862341 · COMPLIED

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

  17. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 662255 · Violation 4862342 · COMPLIED

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

  18. PermitZoning/use

    Permit 860522 · COMPLETED

    FOR THE COMPLETE DEMOLITION OF THE EXISTING STRUCTURE. FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH A ROOF DECK AND ROOF DECK ACCESS STRUCTURE. SIZE AND LOCATION AS SHOWN ON PLANS AND APPLICATION. FOR USE AS TWO (2) FAMILY HOUSEHOLD LIVING.

  19. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 305181 · Violation 2270508 · COMPLIED

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

  20. ViolationCLIP VIOLATION NOTICE

    Case 305181 · Violation 2270507 · COMPLIED

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

  21. ViolationCLIP VIOLATION NOTICE

    Case 265504 · Violation 1970047 · COMPLIED

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

  22. ViolationVACANT LOT STANDARD

    Case 265504 · Violation 1970048 · COMPLIED

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

  23. ViolationCLIP VIOLATION NOTICE

    Case 150711 · Violation 868996 · COMPLIED

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

  24. ViolationVACANT LOT KEEP CLEAN GET LIC

    Case 150711 · Violation 868997 · COMPLIED

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

What this record suggests

The City file documents 7 permits touching kitchen work, electrical work, plumbing, roof work. 7 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 · active rental license. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $1,429/year. Applying the same 1.3998% rate to the full assessed value would imply ~$7,147/year — $5,718/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: ~$41/yr2017: ~$178/yr2018: ~$178/yr2019: ~$178/yr2020: ~$178/yr2021: ~$178/yr2022: ~$2,144/yr2023: ~$3,335/yr2024: ~$1,429/yr2025: ~$1,429/yr2026: ~$1,429/yr20162026
2026~$1,429/yrestimated from assessment

2026: ($510,600 assessed − $408,514 exempt) × 1.3998% ≈ $1,429/yr full-assessment scenario: $510,600 × 1.3998% ≈ $7,147/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
4
Stories
3
Interior
2,084 sqft
livable area
Lot
801 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
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 2430 Waterloo 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 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$475K
20%
6.875%
$1K/mo

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

2430 Waterloo St sits on the 2400 block of Waterloo St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2428 Waterloo St  ·  2432 Waterloo St

Where this comes from
Methodology & freshness

This report was assembled Jul 10, 2026, 8:57 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)