2026 taxable assessment $751,060 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $1,419,100; it is not the 2026 billed-year value.
Multi-family report
2522 South St
6 bd · 5 ba · 3 stories · 4,994 sqft · RM1 · built 1915
Owner-occupied · assessed $1.3M (2026) · 2027 OPA assessment $1.4M · sold 1×. On the 2500 block of South St.
Property summary
Assessment$1,276,5002026 OPA assessment · 2027: $1,419,100
Last sale—No sale value available
Est. tax bill$10,513/year2026 taxable assessment · full-value scenario $17,868/year · basis and term unverified
Tax delinquency—Snapshot unavailable
Permits7Dated events in report
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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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 3020058022026 OPA taxes $751,060 of $1,276,500 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
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.
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
Why it mattersbuilt new under a 2019 permit (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 $10,513/yr, while applying the same rate to the full assessment would imply about $17,868/yr — $7,355/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 1915: 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.
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
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.
Construction next door (2521 South St, 2025)
Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.
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
$1,276,500
2026 billed-year assessment · 2027: $1,419,100 · built 1915
Price / sq ft
$284
block $404 · below block
Appreciation
+23%
+4%/yr, city 6.5%
In 5 years (~2031)
~$1.4M
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$10,513
0.74% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Gross yield
3%
≈$4K/mo rent
Times sold
1
latest deed has shared-name parties
Assessment vs. the block · every dated City record marked on the line
This propertyBlock median & range
Assessment points show the City value for each year.
The paper trail
New constructionbuilt new under a 2019 permit (reduced taxable assessment shown).
- 2019 Amend for conversionPermit2 L&I violationsL&IAddition and/or AlterationPermit
- 2020 New ConstructionPermitRough-InPermitNew ConstructionPermitAlterationsPermitNew ConstructionPermitL&I violationL&IL&I: 5 failed, 1 passedL&I visit
- 2021 Inspection passedL&I visit
- 2022 Inspection passedL&I visit
Flags: material assessment exemption — legal basis and term unverified · 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 $10,513/year. Applying the same 1.3998% rate to the full assessed value would imply ~$17,868/year — $7,355/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: ($1,276,500 assessed − $525,464 exempt) × 1.3998% ≈ $10,513/yr
full-assessment scenario: $1,276,500 × 1.3998% ≈ $17,868/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
6
Bathrooms
5
Stories
3
Interior
4,994 sqft
livable area
Lot
1,856 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Zoning
RM1
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 2522 South 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.
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
2522 South St sits on the 2500 block of South St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2524 South St · 2518 South 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, 1:29 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. “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)