2026 taxable assessment $57,931 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $109,700; it is not the 2026 billed-year value.
House report
2449 N Gratz St
3 bd · 1 ba · 2 stories · 1,030 sqft · RSA5 · built 1925
Entity-held · assessed $116K (2026) · 2027 OPA assessment $110K. On the 2400 block of N Gratz St.
BlockReport AI · cited public records
Ask what this property record means.
Open the research chat with this property already in context. Curated questions are free.
Property summary
Assessment$116,3002026 OPA assessment · 2027: $109,700
Last sale—No sale value available
Est. tax bill$811/year2026 taxable assessment · full-value scenario $1,628/year · basis and term unverified
Tax delinquency—Snapshot unavailable
Permits4Dated events in report
Violations0 openNo historical match in fetched records
“Open” reflects records available then historical records keep their source dates estimates are labeled
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:
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 1620517002026 OPA taxes $57,931 of $116,300 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 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 $6,034.32 and a lien entry. It is shown as historical context only.
2010$2,085.09 total · $380.55 principal · $210.50 interest · $27.36 penalty2011$816.64 total · $437.83 principal · $203.59 interest · $30.65 penalty2012$798.91 total · $454.70 principal · $170.51 interest · $31.83 penalty2013$776.74 total · $471.04 principal · $134.24 interest · $32.97 penalty2014$580.76 total · $320.53 principal · $62.50 interest · $22.44 penalty2015$546.72 total · $320.53 principal · $33.65 interest · $22.44 penalty2016$429.46 total · $310.68 principal · $4.66 interest · $3.11 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 recordNew construction
Record summarynew construction appears in a 2019 permit with a reduced taxable assessment shown.
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 $811/yr, while applying the same rate to the full assessment would imply about $1,628/yr — $817/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 1925: 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.
The last transfer used nominal consideration
The latest deed records $100 or less and shared-name parties. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.
If you own it
$6,034 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 1925: 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
Philadelphia Lotus 04a LLC · corporate / LLC owner
• Tax bills mail to 829 N 29th St, Philadelphia PA, 19130
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale
Assessment and tax history
Every fetched annual City assessment for this house, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.
Assessed value
$116,300
2026 billed-year assessment · 2027: $109,700 · built 1925
Price / sq ft
$107
block $78 · above block
Assessment change
+468%
+17%/yr since 2016 · 2027 -6% vs 2026
Est. tax bill / yr
$811
0.7% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Times sold
0
latest deed has shared-name parties
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2016$19K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2017$19K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2018$19K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$28K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$28K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$28K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$28K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$104K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$104K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$116K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$116K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$110K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
Property assessmentBlock median & rangeZIP 19132 medianAssessment
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
The paper trail
New constructionnew construction appears in a 2019 permit with a reduced taxable assessment shown.
- 2019 Major alterationPermitElectricalPermitPlumbingPermitMechanicalPermit
Flags: material assessment exemption — legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $6K with a lien entry · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $811/year. Applying the same 1.3998% rate to the full assessed value would imply ~$1,628/year — $817/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: ($116,300 assessed − $58,363 exempt) × 1.3998% ≈ $811/yr
full-assessment scenario: $116,300 × 1.3998% ≈ $1,628/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
1
Stories
2
Interior
1,030 sqft
livable area
Lot
704 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
No
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
New / rehabbed
city code 2
New / rehabbed
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.
Block context
2449 N Gratz St sits on the 2400 block of N Gratz St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2447 N Gratz St · 2451 N Gratz 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 9, 2026, 7:35 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)